Accounting for non-accounting students eighth edition John R. Dyson ACCOUNTING FOR NON-ACCOUNTING STUDENTS Visit the Accounting for Non-Accounting Students‚ eighth edition Companion Website at www.pearsoned.co.uk/dyson to find valuable student learning material including: G G G G Multiple choice questions to help test your learning Extra question material Links to relevant sites on the web Glossary explaining key terms mentioned in the book We work with leading authors to develop
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Classmates‚ According to (Oster‚ 2014)‚ "Percentage of receivables and percentage of sales are two accounting allowance methods used to reconcile customer accounts deemed noncollectable. When allowed by generally accepted accounting principles (GAAP)‚ these two strategies are preferred over direct write-off of bad debt expenses. Percentage of receivables and percentage of sales provide a business with the ability to accurately estimate the expected bad debt losses they will have in each succeeding
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8/2/2012 Objective of Lecture 2 CLASSIFICATION OF ACCOUNTS & ACCOUNTING EQUATION • By end of lecture 2‚ all students should be able to:(a) Understand the five categories of accounts and able to classify them into the respective categories (b) Understand the accounting equation and the relationship between assets‚ liabilities and owner’s equity. Classifications of accounts • • 1. 2. 3. 4. 5. An account is used to record all information regarding an item. The five major
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ACCOUNTING SUBSTANCE OVER FORM Substance over form is an accounting concept where the entity is accounting for items according to their substance and economic reality and not merely their legal form. It is one of the key determinants of reliable information. For most transactions there will be no difference and in some cases however‚ the two diverge and the choice of how to present the transactions can give very different results. This differences occurs when an asset or liability is not recognized
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Conceptual Art in “Exit Through the Gift Shop” The definition of good art or a good artist have changed since the eighteenth century from meaning a skilled person with skilled art to not so much as skilled‚ but a more original person with authentic and genuine work. In "Exit Through the Gift Shop"‚ new ideas and authenticity is strongly demonstrated within each street artist’s art by using innovation‚ individualism‚ and devotion to art as a vocation. Then‚ Banksy attempts to express how the modern
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Jean-Paul Sartre portrays existentialism in his play‚ No Exit‚ through his three main characters: Inez‚ who was put in Hell for causing pain to the people who loved her‚ and is punished by loving someone who refuses to love her back‚ this in turn causes her pain; Garcin ‚who was put in Hell partially for being unkind and unfaithful to his wife and partially for being a coward‚ is punished by Estelle’s love and his inability to escape cowardice; and lastly Estelle‚ who was put in Hell for her vanity
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Street Art Anthropology In the film “Exit Through the Gift Shop‚” Theirry Guetta aka Mr. BrainWash‚ focuses on the exploration of underground street art‚ where he accidentally encounters his new focus and passion. So where does anthropology tie into street art? Throughout this documentary there are many anthropological terms that can be discussed. From the cultural relativism of street art societies‚ to the ideology behind street art culture itself‚ there are many different beliefs and opinions
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Statements on Management Accounting PRACTICE OF MANAGEMENT ACCOUNTING TITLE Definition and Measurement of Direct Material Cost TABLE OF CONTENTS Definitions . . . . . . . . . . . . . . . . . . . . . . . . . Materiality . . . . . . . . . . . . . . . . . . . . . . . . . Material Quantities . . . . . . . . . . . . . . . . . . . Material Lost in the Production Process . . . . Samples‚ Prototypes‚ and Initial Production Runs . . . . . . . . . . . . . . . . . . 1 2 2 2 3 Unit Price of Direct Material
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101-00128 Oct 2014 Accounting Accounting is the recording‚ measurement‚ and interpretation of financial information (Business 286). This financial information is used to evaluate the organization’s operations. To carry out these interpretations of financial information a public or private accountant is able to do this. To become a public accountant you must earn your CPA (certified public accountant) by passing a test and means you are certified by the state in which you provide accounting services where
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Section A Under Case Study (Newspaper) HB Global 1. Types of audit opinion Qualified opinion * A qualified opinion report can result from a limitation on the scope of the audit or failure to follow generally accepted accounting principles Adverse opinion * It is used only when the auditor believes that the overall financial statements are so materiality misstated or misleading that they do not present fairly the financial position or results of operations and cash flows in conforming
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