Name of business : RICE DEALER Description of business Rice is an important primary staple food in Philippines like other Asian countries. Filipinos love to eat rice‚ which is being served almost three times a day in our tables. People in Luzon‚ some parts of Visayas and Mindanao usually consume 100 million metric tons of rice per year! This indicates that there is a high demand for this commodity in our country. If you will be posting for this topic‚ please follow this template‚ and post it here
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analysis‚ they are not at end in themselves. • Ratios can be used as indicators of what to pursue in a more detailed analysis. • Difficulties can arise in making average comparisons; • Different companies could use different accounting methods (FIFO vs LIFO) •
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ACCT 1106 SAMPLE EXAMINATION Section 1 – Technical Questions Question 1 – Perpetual Journal Entries 20 marks On October 1‚ Keiler Motorcycle Shop had an inventory of 20 dirt bikes at a cost of $1‚150 each. During the month of October‚ the following transactions occurred. Oct. 3 Purchased 10 bikes at a cost of $1‚150 each from the Lyons Bike Company‚ terms n/30. 6 Sold 10 bikes for $1‚500 each‚ terms n/30. 6 Freight of $250 on the October 6 sale was
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in the accounting principle. A change in accounting principles‚ accounting estimates‚ or the reporting entity. A change in an accounting principle is a change in a method used‚ such as using a different depreciation method or switching from LIFO to FIFO. An example of an accounting
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Inventory is the stock of raw materials or finished goods in the company. The company should make sure it has enough stock and effective stock controls to avoid shortage of raw materials and finished goods. Bread Garden Bakery has an effective inventory of raw materials and finished goods controls in the daily business. Raw materials Bread Garden Bakery has divided the raw materials into two groups which are main materials and secondary materials. The main raw materials for Bread Garden Bakery include
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You have 120 minutes to finish. Feel free to use a calculator to back up your answers. Textbooks and mobile phones are NOT allowed. Any verbal contact among students is considered cheating and will be punished: the student involved will be assigned zero points on this exam. Good luck! Student Name: ……………………………………… Grade: ……… / 20 ______________________________________________________________________________ Exercise 1: Pierce Company reported net income of $200‚000 for the current year.
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COMMERCE 294 WINTER 2011 ASSIGNMENT # 1 DUE: Monday‚ January 30 HAND IN ONLY THE PAGES BEGINNING WITH THE NAME SPACES (Pages 5-9) Question #1 Cost Behavior [Chapter 6] (15 marks) Guy Cabling Inc (Guy) supplies and installs fiber optic cable for data transmission. Guy has been approached by UBC to lay fiber optic cable in the existing space and the new development‚ in the Henry Angus building. You were hired for the summer by Guy‚ the owner of the company because of your remarkable success in Commerce
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over acted Rice Dealer Delivery and Stock System of Del Rosario Rice Dealer (RD2S2) A Research Presented to the Faculty of Tomas Del Rosario College Capitol Drive‚ San Jose‚ Balanga City‚ Bataan A Partial Fulfillment of the Requirements for the Course Bachelor of Science in Accountancy Submitted by: Hannah Kaithe Laforteza Alyssa Patricia Soriao Katrina del Rosario Patrick Basical Submitted to: Mr. Tristan Joseph M. Cruz Table of Contents
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AGW610 LESSON 3 CASE 3: Morgan Manufacturing Charles Crutchfield‚ manager of manufacturing operations at Morgan Manufacturing‚ was evaluating the performance of the company. Given his position‚ he was primarily interested in the health of the operating aspects of the business. At Morgan‚ the gross margin percentage was considered to be a key measure of operating performance; other measures considered to provide essential information on the health of business operations were pre-tax return on sales
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File Management in UNIX Kyle Allen Richmond‚ Sr. POS 355 / Introduction to Operating Systems University of Phoenix When it comes to UNIX systems all user data is organized and stored in files. These files are subsequently organized into a management structure comprising of directories and sub-directories. Much like forest and organizational units when it comes to active directory‚ UNIX also has the directories and sub-directories organized into a tree-like
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