provide detailed and elaborate responses to the following questions. Your responses should include examples from the reading assignments. 1. What are the main components of a personal balance sheet and a cash flow statement? What is the main purpose of each of these personal financial statements? A personal balance sheet and a cash flow statement are personal financial statements that show your current financial position and summarize one’s income and spending. The purpose of these financial statements
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Chapter 14 Multiple Choice—CPA Adapted 1. On July 1‚ 2012‚ Spear Co. issued 3‚000 of its 10%‚ $1‚000 bonds at 99 plus accrued interest. The bonds are dated April 1‚ 2012 and mature on April 1‚ 2022. Interest is payable semiannually on April 1 and October 1. What amount did Spear receive from the bond issuance? a. $3‚045‚000 b. $3‚000‚000 c. $2‚970‚000 d. $2‚895‚000 2. On January 1‚ 2012‚ Solis Co. issued its 10% bonds in the face amount of $4‚000‚000‚ which mature on January 1‚ 2022. The
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Principles of Accounts teacher Ms. Williams who helped me along the way. AIMS OF THE BUSINESS The aim of the business is to achieve exposure of what goes on in the business world. The aim of this business is to also know how to prepare Accounting Ratios‚ how to operate a business and how to achieve customer satisfaction and to attain profit. DESCRIPTION OF THE BUSINESS The name of the company is Cola Red Enterprise. The type of company is a Private Limited Company which is
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GA-2 February 25‚ 2012 Dear Audit Staff: This memo will give us an idea of what what special business knowledge we will need to have in regards to the basic type of business and products Apollo Shoes manages. It will also provide the necessary staffing we will need to have for this audit. Apollo Shoes provides high tech electronics for todays modern athlete. They’re committed to pushing the envelope and expanding they’re products to the global and galactic marketplace. With this
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ACKNOWLEDGEMENT I am Yogeswaary d/o Marathandavan from Saito College‚ studying Diploma in Business Information Technology. This report is regarding Business Information System subject‚ for this assignment I need to do survey by choose one department in an organization and carry out an investigation on the usage of information system in that department. I choose “ASIAPRIMA RESOURCES” organization for my assignment. In the organization I choose Marketing department for my research because I need
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Norman Mailer once said‚ “For what does it mean to be a hero? It requires you to be prepared to deal with forces larger than yourself‚” to be a hero means adequately confront forces and obstacles greater than yourself. In William Shakespeare’s play‚ The Tragedy of Macbeth‚ Macbeth is not a hero because he does not overcome forces that are greater than him. The three witches foresee Macbeth’s future as Thane of Cawdor and king. Once he becomes Thane of Cawdor‚ he also becomes ruthless and ambitious
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years with $3 million? (Points : 20) Question 2. 2. (TCO A) Construct a balance sheet for the Smith family from the following information. Be sure the format is correct. (20 points for balance sheet) Are the Smiths solvent or insolvent? Explain. (5 points) Show all work. (25 points total for problem) Cash on hand 100 Bank credit card balance1 5‚000 Auto loan balance 25‚000 Mortgage 225‚000 Primary residence (FMV)
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The Picture that United Us All Raising the Flag at Ground Zero is a photograph by Thomas E. Franklin. The photo depicts three firefighters raising an American flag while being surrounded by the rubble of the former World Trade Center in the aftermath of the September 11th terrorist attacks that took place in 2001. This picture captured the attention of the American media‚ and became synonymous with uniting the American public and creating a feeling of hope on one of the most tragic days in American
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3: Assess the causes of the Act of Union of 1800‚ and consider the ways in which the Articles of Union themselves were intended to solve the apparent problems in Ireland’s constitutional‚ political and religious relationship with England. Your essay must make reference to the relevant document studied in seminar 5. There were several significant causes of the Act of Union between Great Britain and Ireland in 1800‚ most notably‚ the United Irishmen rebellion of 1798‚ along with the French landing
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Chapter 7 1) How does the scene with Moira in the past contrast to the narrator’s present existence? Offred’s flashback to her time student times with Moira highlights a direct comparison to the amount of freedom she had. Not only under others but also in time as well as having the choice of many options including clothes and behavior. It is also clear that both Offred and Moira had not a care in the world‚ there was no worries about being caught with a cigarette or not doing their work. Whereas
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