Effects of Inventory errors Seshavradhanr Rao Maramraj ACC 539 Week 2 August 10 2008 Effects of Inventory errors A. The ending inventory reported in 2002was overstated by $ 23‚500 for merchandise that Kirk’s Servistar hold on consignment. Therefore‚ the ending inventory in 2002 is $ 91400-$ 23‚500 = $ 67‚900 and the beginning inventory in 2003 is $ 67‚900. The correction of the 2002 and 2003 income statement is | | |2003
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Error Identification (10 marks) The following text has 10 errors (excluding the example). In the space provided‚ write down the line number against each error and give the correct answer. Do not copy the text. Example: Line Error Correction 1 are is 1 General Steel is one of the most recognized name in the international steel building industry. In addition to being able to supply quality steel buildings anywhere in the United States‚ General Steel have provided customers
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Introduction For each error‚ describe to a recently hired bookkeeper how it would be shown on a cash reconciliation. Given the following errors: ∑ The bank recorded a deposit of $200 as $2‚000. ∑ The company’s bookkeeper mistakenly recorded a deposit of $530 as $350. ∑ The company’s bookkeeper mistakenly recorded a payment of $250 received from a customer as $25 on the bank deposit slip. The bank caught the error and made the deposit for the correct amount. ∑ The bank
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XBLR Error Study Keisha McDonnough Florida Atlantic University ACG 4401 Instructor Renee de Roche June 7‚ 2012 Extensible Business Reporting Language (XBRL) is a standards- based language that facilitates the interchange of interactive financial information via electronic communication.(FFIEC‚ 2006). The idea behind XBRL is straightforward- a digitized version of the text of the financial statement. XBRL treats specific identifiable information in a financial statement as an individual
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to ensure that the provider is properly reimbursed for their services. In the pursuit of this goal‚ errors‚ both human and electronic‚ are unfortunately unavoidable. Since the process of medical billing involves two incredibly important elements (namely‚ health and money)‚ it’s important to reduce as many of these errors as possible.” (para 1). Thus‚ it can assist with prevention of simple errors like incorrect patient information‚ incorrect coding‚ incorrect provider information‚ mismatched medical
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Our mission is to assure people have a great time viewing the destination highlights through a virtual camera. Experimental Tourism The French journalist‚ Mr. Joel Henry started Experimental Tourism. Experimental Tourism can be defined as something between game and travel (Bures‚ 2005). The main goal is to look at travel experiences as if one place is as worthy as any other. Experimental tourism provides varied experiences that match tourists’ interests and provide a sense of personal accomplishment
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Shakespeare’s The Comedy of Errors The Comedy of Errors was Shakespeare’s first comedy. It is a light yet dramatic play about a family of twins‚ their parents‚ and their twin servants‚ who have been separated for over twenty years due to a tragic accident at sea. The story‚ following the usual format of Shakespeare’s work occurs and is concluded all in one day. The twins run into each other the whole day through and are mistaken for each other more than once. This confusion makes the tragedy
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How is the tissue of the kidneys structurally modified to aid in filtration? It has tubules and is porous B. What is important functionally about transitional epithelium? It allows for stretching. Transitional epithelium contains cells that are flattened and cells that are cuboidal; hence the name "transitional". You can find transitional epithelium in the bladder and in the first expansion of the ureters as they leave the kidneys (called a calyx). C. What is the function
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Plant Genetics JANICE NALBONE Abstract This experiment is being done to show Mendel’s rule of dominance that says certain alleles are dominant and others are recessive. To show this‚ we are using tobacco seeds‚ a monohybrid cross comparing only one trait color. We are also showing Mendel’s law of segregation with a Dihybrid cross comparing two traits of color and texture. Introduction
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Education Review‚ ISSN1548-6613‚ USA Error analysis and the EFL classroom teaching XIE Fang‚ JIANG Xue-mei (College of Foreign Languages‚ Liaoning Normal University‚ Dalian Liaoning 116029‚ China) Abstract: This paper makes a study of error analysis and its implementation in the EFL (English as Foreign Language) classroom teaching. It starts by giving a systematic review of the concepts and theories concerning EA (Error Analysis)‚ the various reasons causing errors are comprehensively explored. The
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