The Due Process clause of the 14th Amendment‚ at least when it first began‚ had a procedural understanding in the Court. The Court identified the clause to protect intrusions of liberty by the States without the proper process of law (fair trial‚ jury of peers‚ etc.) The Court‚ in the transitional era‚ developed a new understanding of the Due Process clause. The question asked was no longer about the presence of the process‚ but about the validity of the law at its core. This new understanding‚
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ACCT 203: Section 1 Essay Instructions The Issue: You are a partner in Acme Accounting PSC and as such are considering how to respond to a letter written to you by “Bob” a new client. In his letter‚ he stated that he heard that there are two ways he can identify cost in the normal course of his construction business operations. He would like two know what they are‚ the major differences between them and which one best fits his business in terms of performance analysis. Your partners have asked
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The formation of the debit and credit concept In this simplified form we can begin to see what the mathematician and Father of Accounting (Luca Pacioli) saw in 1494 when he codified the double-entry bookkeeping system. It is his codified system that outlined the rules for applying debits and credits when recording the financial transactions of a business in the double-entry bookkeeping system. Now remember that Luca’s book in 1494 was written and published in Latin and at a time when the concept
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violated the due process of law provision of the 14th Amendment. Second‚ during the 1950s and 1960s‚ the national government became viewed as the principal promoter and defender of civil rights and liberties. In a series of very important decisions‚ the U.S. Supreme Court struck down state-supported racial segregation‚ state laws that discriminated against women‚ and state criminal proceedings that violated the due process of law provision of the 14th Amendment. Cooperative federalism
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Accounting Standards Board University of Phoenix Accounting Theory and Research Jun 13‚ 2009 Accounting Standards Board To address the increasing challenges of legislating those governs our society today‚ “countries all over the world have begun to outsource rulemaking to bodies consisting of people familiar with the subject. For that reason‚ policymakers rely on private entities to establish financial accounting and reporting standards” (Donald Kieso‚ 2003‚ Intermediate Accounting). The
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Classmates‚ According to (Oster‚ 2014)‚ "Percentage of receivables and percentage of sales are two accounting allowance methods used to reconcile customer accounts deemed noncollectable. When allowed by generally accepted accounting principles (GAAP)‚ these two strategies are preferred over direct write-off of bad debt expenses. Percentage of receivables and percentage of sales provide a business with the ability to accurately estimate the expected bad debt losses they will have in each succeeding
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The fourteenth amendment was written in 1868 but it is still relevant today. The amendment states ‚ “No State shall make or enforce any law which shall abridge the privileges or immunities of citizens‚” using the restroom is a pretty basic privilege. Forcing people to use the bathroom of the sex they were assigned at birth would be going against this amendment. Trans people would be endangered by using the bathroom of their sex they were assigned at birth. If a man of trans experience walked into
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8/2/2012 Objective of Lecture 2 CLASSIFICATION OF ACCOUNTS & ACCOUNTING EQUATION • By end of lecture 2‚ all students should be able to:(a) Understand the five categories of accounts and able to classify them into the respective categories (b) Understand the accounting equation and the relationship between assets‚ liabilities and owner’s equity. Classifications of accounts • • 1. 2. 3. 4. 5. An account is used to record all information regarding an item. The five major
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ACCOUNTING SUBSTANCE OVER FORM Substance over form is an accounting concept where the entity is accounting for items according to their substance and economic reality and not merely their legal form. It is one of the key determinants of reliable information. For most transactions there will be no difference and in some cases however‚ the two diverge and the choice of how to present the transactions can give very different results. This differences occurs when an asset or liability is not recognized
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various grades of wood (Weyerhaeuser) 3b. Pulp and Paper Manufacturing: Grinds timber into pulp and converts the pulp into various grades of paper and cardboard (International Paper) 4a. Intermediate Users of Wood: Engage in construction and furniture manufacturing (Masco) 4b. Intermediate Users of Paper: Manufacture containers and packaging (Owens-Illinois) and various commodity and specialty papers (Georgia-Pacific) 5a. Retailers of Lumber and Wood Products: Sell such products
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