Question 1 – Develop an awareness of the client situation (a) List five (5) topics you would discuss with Sarah and Stan at your first meeting. Why are these topics important? Give a brief reason for the need to discuss each topic. (Each discussion topic: 1 mark each ‚ Reason: 1 mark each) 10 marks 1. Personal Details As a financial planning organisation we are subject to certain legislative and regulatory requirements which necessitate us to obtain personal information about Sarah
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Allowance for Doubtful Debts 20 070 20 070 (Adjustment to increase Allow for Doubtful Debts to amount calculated) Suggested Solutions taken from the Solutions Manual to accompany Hoggett J.‚ Medlin J. Edwards L.‚ Tilling M. and Hogg E. “Financial Accounting” 8th Edition‚ 2012‚ John Wiley & Sons Australia‚ Ltd.
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hi how are you?Each of the four important geographical locations in the novel—West Egg‚ East Egg‚ the valley of ashes‚ and New York City—corresponds to a particular theme or type of character encountered in the story. West Egg is like Gatsby‚ full of garish extravagance‚ symbolizing the emergence of the new rich alongside the established aristocracy of the 1920s. East Egg is like the Buchanans‚ wealthy‚ possessing high social status‚ and powerful‚ symbolizing the old upper class that continued to
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Practical 6 -Determining the Gas Constant Aim: To verify the gas constant as 8.31 J/mol/K ( ) and to calculate the molar mass of butane. Theory: The ideal gas law‚ PV=nRT‚ is used to model an ideal gas‚ which is a gas with no intermolecular forces other than those of collisions‚ perfectly spherical and elastic particles. Although an ideal gas is a theoretical model and so cannot exist in practice‚ most gases behave fairly similarly to an ideal gas. Gases behave more like an ideal gas when they are
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transitions from topic to topic. His main focus was the basic building block of all matter: the tiny atom and how it makes YOU. Those simple particles‚ bonded together in such a unique way that it can only create one individual: You. The author says‚ "To begin with‚ for you to be here now trillions of drifting atoms had somehow to assemble in an intricate and intriguingly obliging manner to create you. It’s an arrangement so specialized and particular that it has never been tried before and will only exist
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credit sales Recognizing Accounts Receivable: AR occurs from credit sales to customers Sales on Credit: credit sales are recorded by increasing(debiting) accounts receivable a company must maintain a separate account for each customer that tracks how much that customer purchases‚ pays‚ and owes this info is used to send bills to customers and for other business analyses companies that extend credit directly to their customers keep a separate account receivable for each one of them the general
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CHAPTER 11 Financial Reporting Concepts ASSIGNMENT CLASSIFICATION TABLE Study Objectives Questions Brief Exercises Exercises Problems Set A Problems Set B 1. Explain the importance of having a conceptual framework of accounting‚ and list the components. 1‚ 2 1 3 3 2. Identify and apply the objective of financial reporting and the underlying assumptions used by accountants. 3‚ 4‚ 5 2‚ 3‚ 6 1‚ 2‚ 4‚ 5‚ 6 1‚ 2‚ 4‚ 5 1‚ 2‚ 4‚ 5 3. Describe the fundamental and enhancing
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Chemistry Internal Assessment Title: Determination of the percentage (%) of ethanoic acid in vinegar Date Experiment was performed: 1st April 2011 Criteria Assessed: DCP‚ CE Apparatus: 2 conical flasks 1 250cm3 volumetric flask ±0.30cm3 Electronic Balance ±0.10g 50cm3 Burette±0.1cm3 25cm3 Pipette±0.06cm3 Materials: 0.20M HCl (±0.02moldm-3) 1.1g solid NaOH (±0.1g) A solution of vinegar of unknown concentration (density= 1.05gcm-3) Phenolphthalein Method: * A solution of NaOH was
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Stock Option and Ethics Carol Berry ACC201 Principles of Financial Accounting Instructor: David Miller August 1‚ 2011 Stock Option and Ethics In today’s corporate world stock options makes up and is increasingly dominates CEO pay packages. CEO’s and top level executives are paid in a variety of different ways and stock options are just one of the ways that they get paid. CEO’s and executives have skills and responsibilities that allow directors of companies to pay these executives an extremely
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Telling lies: Lying generally is a bad habit. Sometimes‚ lying helps people to avoid problems without harming other while in other cases it causes disastrous effects. In this essay I will explain why do people lie and what are the effects of this bad habit on individuals and society. Reasons of telling lies are wide and complicated. People start telling lies because that gives them a specialty. They can pretend that they know things nobody else knows in order to receive something in return. For example:
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