opinion‚ why do accountants debit asset accounts to increase them but credit liability accounts to increase them? Why do accountants debit expenses to increase them but credit revenues to increase them? In my opinion the reason for this is that accounting equations must always balance and the two sides must always be equal. Each transaction has a dual
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The history of accounting is as old as civilization and is among the most important professions in economic and cultural development. Much of what we know about the daily lives of ancient people comes from accounting records‚ such as inventories and sales records‚ found at archeological sites. People in all civilizations have maintained various types of records of business activities and the earliest known records kept are the clay tablet records for the payment of wages in the Mesopotamian Valley
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ĐỀ THI KIỂM TRA GIỮA KỲ Môn học: KẾ TOÁN QUẢN TRỊ (Managerial Accounting) Lớp: KT302DV01‚ HK10.1 Thời lượng: 6 0 phút (Không kể thời gian phát đề) Không được tham khảo tài liệu‚ Chỉ được sử dụng từ điển Anh – Việt‚ không sử dụng Kim từ điển Sinh viên làm bài trên đề thi Đề thi gồm 07 trang Họ tên sinh viên: …………………………………………………. Chữ ký và họ tên cán bộ coi thi 1 Chữ ký và họ tên cán bộ coi thi 2 Đ iểm thi Bằng số Đ iểm thi b ằng chữ ………………………………………………… MSSV: ………………………………………
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PROBLEM DEFINITION Topic No. 1 Development of Electronic Dental Patient’s Record System for SM Lazo Dental Clinic. Main Problem: How to develop an electronic system that gives consistent information at the same time gives clear assessment of patient’s condition and protect the privacy of their costumer? Specific Problems: 1. Duplicative or inconsistent information due to numerous files of patients. 2. Deficient clear assessment of a patient’s clinical condition.
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Question 1 The ethical guidelines which accountants are obliged to follow in the conduct of their work are made to combat criticism and gain credibility by preventing fraudulent accounting. Accountants ought to be able to maintain impartiality and independence to create a clear‚ credible and unbiased audit. Hence‚ the ethical principles are considered important. This is because the work of accountants requires a high level of ethics since the financial statements prepared and verified by auditors
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Monica Jorge‚ 3622098 Youthalyn Mair-Pryce‚ 3622089 Reviewed by: Gabriela Bacigalupo‚ 1099953 Monica Jorge‚ 3622098 Youthalyn Mair-Pryce‚ 3622089 ACG 4651 – Fall 2013 Section 04 September 17‚ 2013 – Case #1: The importance of being independent (by Deloitte) Discussion Questions One of the key roles of the external auditor is to protect the interest of the public. To achieve this‚ it is important for the public to trust and have confidence in the work of an auditor
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as an allocation base for overhead‚ it is implicitly assumed that overhead cost is directly proportional to direct labor. When cost systems were originally developed in the 1800s‚ this assumption may have been reasonably accurate. However‚ direct labor has declined in importance over the years while overhead has been increasing. This suggests that there is no longer a direct link between the level of direct labor and overhead. Indeed‚ when a company automates‚ direct labor is replaced by machines;
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Name of Student: Katelyn Tohosky Due Date: 02/07/2013 ECE 201: Running Record Observation Assignment Name of the child/Identifier: Bryson Age: 4 Date of Observation: 02/06/2013 Time of Observation: 9:30 to 9:40 AM Place of Observation: Classroom Context of Observation: Free Time Time | Objective Reporting Section | Comments | 9:30 AM9:35 AM | Bryson hops to the play kitchen area. He says “Hi” to Angelina who is stirring in a pot.Bryson: “What you cooking
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Accounting Career Essay Kawanza Carey Everest Online University Strategies for Success 221 Accounting Career Essay Most people think accounting is just crunching numbers all day; everyone uses some form of accounting. There is much more to accounting than just crunching numbers. There are many types of accountants‚ covering a wide range of the business world‚ becoming an accountant opens a wide range of career opportunities. I want to become an accountant because it’s something that I’m familiar
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Starting an Independent Record Label Introduction Throughout these four chapters I will be discussing how to start your own record label. Part one will be talking about how to get started‚ like what a record company does. Part two will be talking about setting up the actual label‚ like record deals‚ contracts that you will need‚ and making your business plan. Part 3 will be discussing how to find the group you will represent‚ like what to look for in an artist‚ what is the artist looking
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