1- On December 31 of the current year‚ Hewett Company reported an ending inventory balance of $215‚000. The following additional information is also available: • Hewett sold goods costing $38‚000 to Trump Enterprises on December 28 and shipped the goods on that date with shipping terms of FOB shipping point. The goods were not included in the ending inventory amount of $215‚000 because they were not in Hewett ’s warehouse. • Hewett purchased goods costing $44‚000 on December 29. The goods were shipped
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Ex-MBA 2011-2014 ( Batch - Weekend ) Semester - 2 Subject: Managerial Accounting ------------------------------------------------- Title : Methods / techniques of cost accounting Submitted by : Vishwajeet Gaikwad – 2011G04 Submitted to : Prof. Sameer
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Hey my fellow children‚ let’s talk about allowance. Do you get a weekly/ monthly allowance or do you only get money when your parents think that you have done well with your studies or your chores? How much money do you if you get allowance? Is it a whole lot of money or is it enough to get your needs satisfied from a day to day basis? From whichever way that you look at it‚ there is allowance given whether it is for a good deed done or just your time to get paid. But there is one thing that I would
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A PARTIAL REQUIREMENT IN T.L.E II Recommended Dietary Allowance is a Guide in Determining Nutrients a Day Submitted by: Mariel Mae A. Maculbe Submitted to: Mr. Armando C. Prado August ‚2010 I. Introduction Human beings require food to grow‚ reproduce‚ and maintain good health. Without food‚ our bodies could not stay warm‚ build or repair tissue‚ or maintain a heartbeat. Eating the right foods can help us avoid certain diseases or recover
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Chapter 01 The Equity Method of Accounting for Investments Multiple Choice Questions 1. Gaw Company owns 15% of the common stock of Trace Corporation and used the fair-value method to account for this investment. Trace reported net income of $110‚000 for 2011 and paid dividends of $60‚000 on October 1‚ 2011. How much income should Gaw recognize on this investment in 2011? A. $16‚500. B. $9‚000. C. $25‚500. D. $7‚500. E. $50‚000. 2. Yaro Company owns 30% of the common stock
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an allowance because their parents think these chores should be mandatory. Having to do chores for no reward does not motivate the child to the work they have to do. If the child was paid a few bucks a week‚ the child would be more motivated to take on the responsibility of doing chores that he/she will get paid a couple of bucks for. A small cash allowance for doing a certain amount of chores would also teach the child to handle money that there working for. I believe that a weekly allowance would
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Relationship between Weekly Allowance and Consumption Expenditures of BS ABE Students: A Multi-Variable Regression Analysis1 Legaspi‚ Luyjilene V. Ricalde‚ Ruby Grace J. Villa‚ Katrina P. BS Agribusiness Economics University of the Philippines Mindanao Davao City December 2014 1 Submitted in partial fulfilment of the requirements in Econometrics under Mr. Harvey Niere‚ first semester of the A.Y. 2014-2015. TABLE OF CONTENTS I. INTRODUCTION 1.1. Background of the Study 1.2. Theoretical Framework
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SALIENT FEATURES OF THE GN ON REVISED SCHEDULE VI ISSUED BY ICAI The ICAI had earlier issued Statement on the Amendment to Schedule VI to the Companies Act‚ 1956 in March 1976 (as amended). Whenever guidance provided in this publication is different form the guidance in the aforesaid statement‚ this Guidance Note will prevail. The corresponding amounts for the immediately preceding period are to be disclosed in the financial statements including the Notes to Accounts The Profit & loss account
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Debt and equity financing Debt and equity financing is the sources of funding can provide you with all the cash you need to start or grow your business. Debt financing Debt financing means borrowing money from an outside source with the promise of paying back the borrowed amount‚ plus the agreed-upon interest‚ at a later date. When a firm raises money for working capital or capital expenditures by selling bonds‚ bills‚ or notes to individual and/or institutional investors can be considered as debt
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transparency of transactions‚ to increase the reliability of proper uses of fund‚ to know the financial capacity of operations‚ like business enterprises‚ nonprofit organizations also have to prepare their financial statements after the end of an accounting period regularly. Nonprofit organizations operating in Bangladesh are also to prepare their financial statements. In this project paper it is shown based on case study of Dhaka University and Badhon whether these two organizations comply with
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