2-1 BU8101 Accounting: A User Perspective Lecture 2 The Accounting Cycle Wednesday‚ 17 August 2011 Mrs. Ho Yin Kheng S3-01C-88 Nanyang Business School Nanyang Technological University Email: yklau@ntu.edu.sg Tel: 67905694 2-2 LO 2 Lecture Outline 1. Analyzing Business Transactions 2. Recording Process a. b. c. d. e. f. The Source Document The journal The accounts Debit and Credit rule Recording process illustrated Unadjusted trial balance 3. Adjusting entries
Premium Balance sheet Double-entry bookkeeping system Generally Accepted Accounting Principles
ACCA F3 FINANCIAL ACCOUNTING International Stream TUITION CLASS NOTES Appendix The following notes are suitable for both the international and UK streams. There will some terminology differences between the two streams. These are summarised below: |International |UK | |Statement of comprehensive income |Profit and loss
Premium Balance sheet Double-entry bookkeeping system Generally Accepted Accounting Principles
Accounting‚ or accountancy‚ is the measurement‚ processing and communication of financial information about economic entities. Accounting‚ which has been called the "language of business"‚ measures the results of an organization ’s economic activities and conveys this information to a variety of users including investors‚ creditors‚ management‚ and regulators. Practitioners of accounting are known as accountants. Accounting can be divided into several fields including financial accounting‚ management
Premium Enron Accountant Enron scandal
Medical Expense Plan Problems (based on BSU Health Plan) Name:_______________ You will need information about each of the BSU Health Plans to be able to complete this assignment. The information on the summary page is sufficient‚ and the summary pages for each plan are available under the documents included for Medical Expense Assignment #1. All expenses are assumed to be at in-network endorsed Encircle providers except where noted (Ball State uses a network-within-a-network‚ or two layers of
Premium Preferred provider organization Health insurance Expense
Setting up an internet linked computer How to install a firewall: 1. First of all search what you are looking for. Browse through the search results instead of going for the first one. Browsing will help you choose the correct site for you. 2. After you have browsed through different websites‚ chose the one that suits you best. 3. When you have chosen the specific software that you are going to download‚ they will have step by step instructions that will take you
Premium World Wide Web Internet Google
George’s Hairdressers This is the organisational structure of George’s hairdressers. It is not a very large business so there isn’t much of a structure. At Georges there is the owner who is called George. Then there are 3 workers which each have a barber’s chair. The one closest to the door is the oldest out of the 3 workers so George has appointed him the senior role. He is held responsible for opening and closing the shop‚ cashing up at the end of the working day and buying all
Premium Strategic management Organization Management
TASK 3 : P5 – EXPLAIN HOW AND WHY GROUPS OF CUSTOMERS ARE TARGETED FOR SELECTED PRODUCTS. Product 1 : Café Latte Target Market: People who like coffee and people ages and above. Price: The prize will vary in the cup size. Tall – AED 15 Grande – AED 17 Venti – AED 19 Place: Distributors: The product is available in Coffee House at Deira. Promotion: Flyers: The staff will be handing out flyers to the passers-by. Online Advertisement: The product will be place in the store’s website and any other
Premium Coffee Starbucks Coffeehouse
Understand‚ Then to be Understood Use empathic listening to be genuinely influenced by a person‚ which compels them to reciprocate the listening and take an open mind to being influenced by you. This creates an atmosphere of caring‚ and positive problem solving. Habit 6: Synergize Combine the strengths of people through positive teamwork‚ so as to achieve goals no one person could have done alone. Change of attitude When one works on attitude‚ nothing can be a hinderance to one’s effectiveness
Premium Stephen Covey The Seven Habits of Highly Effective People
Unit 3: Introduction to Marketing P3: Describe how a selected organisation uses marketing research to continue to the development of its marketing plans Marketing Research is the collection analysis and communication of information which assists decision making when marketing. Systematic research is organised with a clear method‚ gathering research is collecting the correct and appropriate data. Recording the data is when you put all gathered information in clear records which show your findings
Premium Marketing Management Strategic management
Families and Households Exam Practice 1 A) Explain what is meant by primary socialization. (Item 2A) Primary socialization is referring to the socialization during the early years of childhood‚ which usually takes place within the family or guardians of the child. There are two basic processes within primary socialization‚ internalization of society’s culture and the structuring of the child’s personality. The family molds the societies norms‚ such as eating with a knife and fork into
Premium Sociology Developmental psychology Psychology