Accounts Receivable: There are several controls in accounts receivable. A thorough audit should be daily comparing the checklist and the system records in customers’ accounts. This is to ensure the payment received is applied to the right customer. A second control is to check if customers’ balances in record are true. One simple way is to send current statements to customers monthly. Customers can help identify if there is any discrepancy between their record and the account statement. A
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Research methods [Identifying a Research problem] [The impact of Globalization on Indian culture and Indian architecture] Research methods [Identifying a Research problem] [The impact of Globalization on Indian culture and Indian architecture] Introduction Globalization opened up the wall between globe and people came to know the information and cultures all around. This made rapid growth of Urbanisation and technology which resulted in losing the culture and regional identity
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............... 5 CHAPTER 3. PROFILE OF THE COMPANY ..................................................... 6 CHAPTER 4. REVIEW OF LITERATURE .......................................................... 8 CHAPTER.5. RESEARCH METHODOLOGY.................................................... 11 CHAPTER6. DATA ANALYSIS & INTERPRETATIONS...................................... 13 CHAPTER 7. FINDINGS
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Case Chapter 7 Cash and Receivables 1. Petty Cash (10 min.) The petty cash fund of $200 for Walsh Company appeared as follows on December 31‚ 2008: Cash $93.60 Petty cash vouchers Freight in $21.40 Postage 40.00 Balloons for a special occasion 18.00 Meals 25.00 Instructions 1. Prepare the journal entries required to establish the petty cash fund. 2. Prepare in general journal form the entry to replenish the fund. 3. On December 31‚ the office manager gives instructions
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improve some of the internal controls over its revenue cycle procedures. Existence or Occurrence From Bradmark’s data files on sales invoices‚ cash receipts and list of customers‚ the ACL software was used to compute and determine the Accounts Receivable balances of customers in the books. January 20‚ 2005 United City 920 4 th Street Bridgewater‚ New Jersey 8807 Dear Sir/Madam‚ In connection with an examination of our financial statements by Ross & Specter Co.‚ Certified Public Accountants
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107-051-1 MITSURU MISAWA OSG CORPORATION: HEDGING TRANSACTION EXPOSURE On Monday‚ April 24th 2006‚ the US dollar fell to a new three-month low against the yen of ¥114.30/$ in Tokyo’s foreign exchange market‚ the lowest rate since January 16th 2006. This was a reflection of trading in New York three days earlier‚ on Friday‚ where the dollar had fallen more than 1.75% against the yen. The depreciation of the dollar against the yen was a direct result of a meeting of the G7 in Washington D.C. on April
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Select one: a. decrease the asset computers‚ increase the asset cash‚ decrease the liability accounts payable. b. increase the asset computers‚ increase the asset cash‚ decrease the liability accounts payable. c. increase the asset computers‚ decrease the asset cash‚ increase the liability accounts payable. d. increase the asset computers‚ decrease the asset cash‚ decrease the liability accounts payable. Question 2 Complete Mark 1.00 out of 1.00 Flag question Question text If only one side of a $100
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CHAPTER-I 1.1 Job satisfaction Job satisfaction describes how happy an individual is with his or her job. The happier people are within their job‚ the more satisfied they are said to be. Logic would dictate that the most satisfied (“happy”) workers should be the best performers and vice versa. This is called the "happy worker" hypothesis. However; this hypothesis is not well supported‚ as job satisfaction is not the same as motivation or aptitude‚ although they may be clearly linked. A primary
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Impact of Recession on Indian Economy Table of Contents Reason for Recession to occur 2 Channel through which recession got transmitted to India from US 3 Effect of recession on different sectors 4 Impact on Indian Economy 6 Steps that government took to tackle recession 9 References: 11 Reason for Recession to occur What happened was this: banks
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The Impact of Mere Exposure Effect on Visual Stimuli Discussion This experiment tests whether visual exposure positively alters preference for the test visual stimuli and secondly‚ the impact of repetitive exposure on the preference. The results support both the hypotheses – that conscious (supraliminal) and unconscious (subliminal) exposure increase liking towards the test visual stimuli and secondly‚ increasing the number of exposures positively correlates with affinity for the stimuli. The two
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