procedures in collection‚ processing‚ and communication of financial information. There are 7 basis steps of accounting cycle which comprise of source documents‚ prima entry‚ ledger‚ draft trial balances & financial statement‚ adjustments‚ adjusted trial balance & financial statement and closing entries. At first source documents‚ are things like invoice‚ credit note‚ debit note‚ cash bill‚ payment voucher‚ official receipt‚ cheque counterfoil and memo. All this document are related
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History October 11th‚ 2013 The Crusades: Motivation behind the Movement. Patrick Geary’s “Readings in Medieval History” contains four accounts of the invasion of the Middle East by the Europeans in 1095 A.D. These accounts all cite different motives for the first crusade‚ and all the accounts are from the perspective of different sides of the war. The accounts all serve to widen our perspective‚ we hear from the Christian and Middle Eastern side of the conflict. Fulcher of Chartres claims‚ Pope
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EXERCISE 2-14 Journal Entries and T-accounts The Polaris Company uses a job-order costing system. The following data relate to October‚ the first month of the company’s fiscal year. a. Raw materials purchased on account‚ $210‚000. b. Raw materials issued to production‚ $190‚000 ($178‚000 direct materials and $12‚000 indirect materials). c. Direct labor cost incurred‚ $90‚000; indirect labor cost incurred‚ $110‚000. d. Depreciation recorded on factory equipment‚ $40‚000. e. Other manufacturing overhead
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1 to his warehouse at node 10. A road map for Binder’s Beverage with the nodes and distances stated in minutes is depicted below. Binder’s Beverage Road Map The solution of Bill’s problem shows that the shortest path (measured in terms of time) from the plant to the warehouse is 60 minutes and involves traveling through nodes 2‚ 4‚ 8 and 9. The Excel Solution from Solver is attached separately. At node one which is the supply node the net flow is -1. At node 10 which is the demand node the
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8General Ledger‚ Financial Reporting‚ and Management Reporting Systems TRUE/FALSE 1. The most common means of making entries in the general ledger is via the journal voucher. ANS: T PTS: 1 2. Individuals with access authority to general ledger accounts should not prepare journal vouchers. ANS: T PTS: 1 3. The journal voucher is the document that authorizes entries to be made to the general ledger. ANS: T PTS: 1 4. Each account in the chart of accounts has a separate record in the general ledger master
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Key Events: The first Eaton store was founded in 1869. Eaton was the first retailer to sell merchandise for cash at fixed prices rather than by the credit and barter system. What once was an advantageous strategy to the brand‚ has slowly become the source of its progressive revenue losses. Now‚ due to specialized stores and increased competition‚ Eaton’s must restructure itself in order to continue being a major player in the retail industry. Problem Statement: Eaton’s must figure out its
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A subsidiary ledger is a ledger that includes all of the details of a general ledger‚ and it holds accounts with similar attributes. The purpose is that is can contain things such as accounts receivable and accounts payable and it can show the sum total. The advantages of using subsidiary ledgers is that the sum of all the accounts is kept in the General Ledger and all of the details of the accounts are kept in the subsidiary ledger which is separate so you can keep them in different columns so to
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Below is a list of the Top 10 insurance companies in India and their contact details zone wise. Insurance Company | Products and Services | Contact Details | LIC Life Insurance Corporation of India | Insurance Policies Jeevan Anurag Unit Plans Samridhi Plus Pension Plus Special Plans Jeevan Madhur Jeevan Mangal Group Schemes | East Zone: LIC of India‚P&GS Unit Jeevan Prakash‚Calcutta Metro DO-I 16 Chittaranjan Avenue Kolkata West Bengal 700072 033-23346688 West Zone: Jeevan
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Landscaping service does far better than making your yard look visually attractive. It keeps your lawn healthy and gives your home an efficient green area. If you want to have a well-manicured lawn at home‚ you might want to consider hiring a landscape expert. If you’re in need of a professional landscaper based in [ln]‚ [cn] is the right company to turn to. Throughout our 25 years of experience‚ we have managed to serve countless residents in the locality. Over the course of time‚ we have expanded
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starting a new Landscaping project. While some of these individuals will get started right away‚ others say they can’t get started because the weather has been bad or they don’t have enough time. Some of them just say they don’t know where to start. Sadly things like this will cause many homeowners to never get the beautiful landscaping they desire. Luckily‚ there are a few tips that any homeowner can follow to make sure they are able to get landscaping they are happy with. One of the first things homeowners
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