Faculty of Business Studies BE-210 TMA-1 DUE DATE 26th December Part A: Essay Questions (25) 1. Define accounting. Accounting is the information system that measures business activity‚ progress the data into reports and communicates the results to decision makers. And accounting is the language of business. The better you understand the language of business the better you can manage your own business. For example‚ how will you decide whether or not to borrow money? You
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Examination 2010/2011) The following items (in millions) pertain to Chen Corporation: Balance as of January 1‚ 2009 $30 $10 $40 $50 $40 Balance as of December 31‚ 2009 $5 $2 $12 $30 $20 Direct materials Work in Process Finished goods Accounts receivable Accounts payable “Sebaik-baik manusia diantaramu adalah yang paling banyak manfaatnya bagi orang lain” (HR. Imam Bukhari) Meeting 1 MRF’s File Plant utilities Indirect manufacturing labor Depreciation – plant and equipment Revenues Miscellaneous
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Substantive Procedures for Cash Outflow Irregularities Substantive Procedures for Cash Outflow Irregularities Apollo Shoes has recognized that there is a risk of loss due to irregularities in cash outflows‚ accounts payable‚ and payroll. Substantive procedures for cash outflows‚ accounts payable‚ and payroll are needed to detect irregularities in each of these. Failure to implement appropriate procedures will lead to loss irregularities. Substantive Procedures to Evaluate Cash Irregularities
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following operating systems: Windows‚ Mac OS X‚ GNU/Linux‚ *BSD and Solaris. GnuCash has been translated into 21 languages and it handles multiple currency exchanges. GnuCash walks you through setting up accounts. Designed to be easy to use‚ yet powerful and flexible‚ GnuCash allows you to track bank accounts‚ stocks‚ income and expenses. As quick and intuitive to use as a checkbook register‚ it is based on professional accounting principles to ensure balanced books and accurate reports (gnucash.org). Transactions
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A REPORT ON IN-PLANT TRAINING AT PUNJAB NATIONAL BANK SUBMITTING IN FULFILLMENT OF THE PARTIAL REQUIREMENT FOR THE MASTER DEGREE IN COMMERCE ST.JOSEPH’ COLLEGE (AUTONOMOUS) TIRUCHIRAPALLI – 02 Submitted by NETHRA Reg.No:11PCO145 Under the supervision of DR. G.JOHN‚ MCom‚ Mphil‚ PhD‚ . DEPARTMENT OF COMMERCE TIRUCHIRAPPALLI – 02. CERTIFICATE This is to certify that this In- plant training work is a bona fide dissertation done by NETHRA.M
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entity concept b. the cost principle c. the stable-monetary unit concept d. the reliability principle 2. Wendy Craven has $13‚000 of equity in the business. Assets | = | Liabilities | + | Owner’s Equity | | | | | | | | Accounts | | Craven‚ | Cash + Furniture | = | Payable | + | Capital | | | | | | $6‚000 + $12‚000 | = | $5‚000 | + | $13‚000 | (5 min.) S 1-7 | Assets | = | Liabilities + Owner’s Equity | | | | | | | |
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doubt‚ that the Egyptians‚ Greeks and Romans had accounting occupations‚ mostly for practical reasons. The work of Leonardo Fibonacci is remarkable for the Middle Ages; for the first time‚ he proves how Arabic figures can be used‚ by drawing up an account using these figures. 2. The fifteenth century The year 1494 marks a special moment in the history of accountancy. Luca Paciolo’s work “Summa de arithmetica‚
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w w om .c s er International General Certificate of Secondary Education ap eP m e tr .X w UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS MARK SCHEME for the June 2005 question paper 0452 ACCOUNTING 0452/03 Paper 3‚ maximum raw mark 100 This mark scheme is published as an aid to teachers and students‚ to indicate the requirements of the examination. It shows the basis on which Examiners were initially instructed to award marks. It does not indicate the
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भारतीय रज़व बक _________RESERVE BANK OF INDIA_________ www.rbi.org.in RBI/2012-13/50 DBOD No.Leg.BC. 21 /09.07.006/2012-13 July 2‚ 2012 Ashadha 11‚ 1934 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir‚ Master Circular on Customer Service in Banks Please refer to the Master Circular DBOD.No.Leg.BC. 18/09.07.006/2011-12 dated July 01‚ 2011 consolidating many of the important instructions issued by us in the area of customer service up to June 30‚ 2011. The Master Circular has been
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interest. This paper will focus on those areas of cash and cash equivalents‚ accounts receivable‚ and inventories. A list of components that make up the cash and cash equivalents section will be identified. The first part of the paper will introduce the Kellogg Company and provide some history of the company. The main focal point is the analysis of the annual disclosure notes as it relates to cash and cash equivalents‚ accounts receivable‚ and the company’s inventories. Kellogg’s stemmed out from
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