Adjusting Entries Yvenie Desire ACCT205-1203A-11 June 9‚ 2012 Adjusting Entries Welcome to the company and as an accounting clerk for the department you will be working a lot with the accounting department and with me. I will be mentoring you on certain aspect of accounting and what needs to be done. First we’ll get started with why adjusting entries are necessary. “Adjusting entries ensures that the correct amount of revenues and expenses are recorded in a specified time period.” (Editorial
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Eoin Fitzsimons Humanities 1 Double Entry Journal 12/3/2014 “In 1947 the British left‚ but only a moron would think that we became free then.” (Adiga 18). The above quote is from White Tiger by Aravind Adiga. The speaker‚ Balram Halwai aka White Tiger is a self made man out of the so called darkness of India. He goes from working in a tea shop to working as a driver and after a few bad decisions becomes a self proclaimed entrepreneur. In his time period‚ India’s government is corrupt. Officials
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Nicholas Gangone Ms. Sottas Double Entry Journal Prompts March 20‚ 2013 “But men remembered little of all that‚ though some still sang old songs of the dwarf-kings of the Mountain‚ Thror and Dragon‚ and the fall of the lords of Dale.” (Tolkien 176) “I hope I never smell the smell of apples again.” (Tolkien 179) “But the Master was not sorry at all to let them go. They were expensive to keep‚ and their arrival had turned things into a long holiday in which business was a standstill.” (Tolkien
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e EDouble entry - Income statement 1. Sales When sales are made‚ capital increases by the amount of profit made on the sale. 2. Expenses When ongoing costs‚ such as wages or rent are incurred‚ capital decreases. 3. Income and expense accounts Periodically‚ usually once a year‚ the figure of profit (income - minus expenses) is added to capital. During the year figures are accumulated in separate accounts for each item of income and expenditure. 4. Cost of sales At the end of the year‚ the
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Quote | Reflection | Regardless of the fact that these measures often are used to predict student performance‚ a teacher’s recorded school achieve-ment seldom has correlated strongly with classroom performance (Pg.3) | I can certainly agree with this quote given that academic performance of teacher does not mean he or she is well equipped or suited to teach a certain subject matter. This touches home with me because my background is business. While I did instruct and facilitate many times in
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“From the toolbox the boy took out‚ of all things‚ a teddy bear. He reached in through the torn windshield and placed it on the pilot’s chest.”“The book thief has struck for the first time – the beginning of an illustrious career.”“Then they discovered she couldn’t read or write.”“Unofficially‚ it was called the midnight class‚ even though it commenced at around two in the morning. ““The last time I saw her was red. The sky was like soup‚ boiling and stirring. In some places it was burned. There
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grades for the following assignments: A double-entry journal A rhetorical analysis (Rubrics are on the last page) Double-Entry Journal: The purpose of this activity is for you to be an active reader and thinker during your reading of the text; it is not formal writing. It is a place to record and explore ideas using writing as a tool for learning. This journal‚ in essence‚ is a log that records the conversation that you are having with the book. This journal will assist you in compiling textual evidence
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Assignment: Preparing Entries and Statements ACC225/Financial Accounting Assignment: Preparing Entries and Statements QS 4-5A The following unadjusted trial balance is for Adams Construction Co. as of the end of its 2005 fiscal year. The June 30‚ 2004‚ credit balance of the owner’s capital account was $52‚660‚ and the owner invested $25‚000 cash in the company during the 2005 fiscal year. [pic] Prepare a 10-column work sheet for fiscal year 2005‚ starting with the unadjusted
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REOL 632 Double Entry Journal Value: 25 points NAME: Susan Henderson Due Date: Week # 5 ~ see assignment checklist for exact date. Students will maintain a double-entry journal based on the Buehl text. A double-entry journal is a way for students to engage in a dialogue with the assigned readings. Students will construct double-entry journal entries by noting the significant passages‚ concepts‚ statements‚ and points of view within the assigned reading that are found to be most meaningful
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Journal entries 1929 Journal entry 19 1) Describe a time when you felt disrespected. The time that I have felt disrespected was when I was in the classroom and all my classmates were there and the teacher said to all that I have a 2 on the test and I was not smart enough this happens when I was in 6 grade and I still remember how those words hurt me‚ how embarrassed and disrespectful I felt. 2) Describe the same experience a second time but this time revise what people said and the
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