to suppliers. Liability (D) Bonds payable. Liability (E) Amount earned from selling a product. Revenue (F) Cost of advertising. Expense Part 2 Ex 1-8 (A) An expression about whether financial statements conform with generally accepted accounting principles. – 8 Auditors opinion (B) A business that raised money by issuing shares of stock. – 1 Cooperation (C) The portion of stockholders’ equity that results from receiving cash from investors. – 6 Common Stock. (D) Obligations to suppliers
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broad plans are made in achieving the goals. 4. Internal and external environment: Internal and external environment generally set the goals. Simply external environment forced internal environment to set the goals and guide them that how to achieve the goals? How the strategic management show: On-going Process Shaping & achieving broad plans Broad plans are for achieving strategic Influenced External Environment Forced Top management or Internal Environment to achieve Environment Scanning
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costs Labor costs of assembly-line workers $110‚000 – Direct labor Sales commissions $35‚000 – Period costs Factory supplies used $13‚000 – Direct materials Salaries paid to sales clerks $50‚000 – Period costs (b) Explain the basic difference in accounting for product costs and period costs. Product costs are manufacturing costs‚ direct components‚ direct labor and manufacturing overhead‚ do not become expenditures until the company sells inventory. Period costs are non-manufacturing costs‚ including
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is used to describe the river by Steinbeck‚ this creates a very positive image in the minds of the reader who along which the diction Steinbeck used to describe the slipped winkling gets a positive childlike feeling because as kids we like to play in the green parks and we often sing rhymes about twinkling stars‚ Steinbeck is using this this show a free environment where animals have freedom. the colour yellow used to describe the sands is another way Steinbeck uses diction to describe the setting
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will I am sure be of interest not only to our student audience but as a refresher to those of you in practice that may be required to deal with this concept. In most businesses debtor balances represent an important element of working capital. Accounting principles dictate that the supply of goods or services is accounted for as sales‚ at the point at which the buyer has a legal obligation to pay for them. Total debtors represent the value of credit sales for which payment has yet to be received
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Accounting Homework Individual Chapter 7 Question 1&2 1. (a) What are generally accepted accounting principles (GAAP)? In the U.S.‚ generally accepted accounting principles‚ commonly abbreviated as US GAAP or simply GAAP‚ are accounting rules used to prepare‚ present‚ and report financial statements for a wide variety of entities‚ including publicly-traded and privately-held companies‚ non-profit organizations. (b)What bodies provide authoritative support for GAAP
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-in a multi step income statement‚ interest revenue and interest expense are not included in operating income. -the rate of inventory turnover tells how rapidly inventory is sold. -the sum of the COGS and the ending inventoy equals the cost of gooda available for sale. -the consistency principle states that the busineses should use the same accounting methods from period to period. -under the FIFO‚ the ending inventory is based on the cost of the most recent purchases. -the value of purchases remains
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The Complete Persepolis/ A Season of Madness These two selections are based on completely different scenarios. One takes place in Iran during its country’s revolution with Marjane‚ a girl trying to figure out who she is and wants while having to face her countries conflicts that affect her. The other story takes places inside a home were a woman named Fatin feigns madness and is having to do desperate things instead of admitting to an adulterous affair she had. Although these two stories may
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Identify and describe three strategies you can use to manage your time. Create a Prioritised to do list. To do this‚ first you must identify the goals or current tasks and list them. Then you must prioritise them on a scale of 1 to …. (1 as the most important)‚ considering urgency and difficulty. Create a work Schedule. This is a list of tasks that have all been allocated a timeframe in which to be completed or contributed to. These schedules can be reviewed and also set out on a daily‚ weekly or
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BSHS 441 complete class Check this A+ tutorial guideline at http://www.assignmentcloud.com/BSHS-441/BSHS-441-Complete-Class For more classes visit http://www.assignmentcloud.com BSHS 441 Week 1 DQ 1 Check this A+ tutorial guideline at http://www.assignmentcloud.com/BSHS-441/BSHS-441-Week-1-DQ-1 For more classes visit http://www.assignmentcloud.com Define the following terms and describe the role of the human services worker in regard
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