buyer’s balance sheet at its cost or historical cost of $80‚000 even though its current cost‚ replacement cost‚ and inflation-adjusted cost is much higher today. The cost principle or historical cost principle states that an asset should be reported at its cost (cash or cash equivalent amount) at the time of the exchange transaction and should include all costs necessary to get the asset in place and ready for use. Other Meanings of historical cost. Historical Cost Concept Accounting is concerned
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BALANCE OF PAYMENTS Contents 1 Composition of the balance of payments sheet 1.1 Variations in the use of term "balance of payments" 1.2 The IMF definition 2 Imbalances 2.1 Causes of BOP imbalances 2.2 Reserve asset 2.3 Balance of payments crisis 3 Balancing mechanisms 3.1 Rebalancing by changing the exchange rate 3.2 Rebalancing by adjusting internal prices and demand 3.3 Rules based rebalancing mechanisms 4 History of balance of payments issues 4.1 Pre-1820: mercantilism 4.2 1820–1914:
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EXAMINATION SEMESTER II ACADEMIC SESSION 2012-2013 MASTER IN BUSINESS ADMINISTRATION EXECUTIVE APRIL 2013 DURATION: 3 HOUR COURSE CODE : ZCZA 6213 COURSE TITLE : ACCOUNTING FOR DECISION MAKING INSTRUCTIONS : 1. There are FOUR (4) questions. 2. Answer ALL questions in the provided answer booklet. 3. Total marks are 100. This paper consists of 6 printed pages excluding this cover page 0 QUESTION 1 (25 MARKS) La Diva Dress Shop produces custom
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PROFIT MAXIMIZATION: REALITY OR A THEORETICAL OBJECTIVE? Research Compiled for The Paper Store‚ Inc. by Amy Sorter 3/2009 For More Information on This Paper‚ Please Visit www.paperwriters.com/aftersale.htm Introduction Though many people equate economics with finance and accounting‚ it ’s actually a social science‚ a study of behavior and how rational people behave when it comes to allocation of resources. Within the study of that social science are many theories in which economists attempt
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Profits With no Cash University Dr. Sep 10‚ 2014 Profits With no Cash It is regularly a common thing in business to make profits without having any cash due to several aspects of business. This is happening by the non-cash flow adjustments that are recorded as transactions while no cash flows are involved. It is possible to make business transactions without cash involvement. In credit transactions‚ cash is not usually transacted but the transactions are usually recorded therefore if
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the Financial Statements: 1. The company uses the straight-line depreciation method. The rental equipment is estimated to have a useful life of eight years. Thus‚ the monthly depreciation of the rental equipment is 240‚000/96‚ or $2‚500 per month. 2. The note payable to Rent-It is good for one year. $100‚000 and the accumulated interest are due on November 30‚ 2012. The account payable for office supplies is due in thirty days‚ or January 2‚ 2012. The account payable to Universal Utilities is
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Management Accounting discipline and its relationship with other functions in organizations 2. Module Number: ACC2130 3. Module Name: Issues in Management Accounting 4. Academic Year: 2013-14 5. Student First Name: Magali 6. Student Last Name: Bokungu 7. Student ID No.: M00328257 8. Student’s Email ID (MDX): MB1665@live.mdx.ac.uk 9. Student’s personal Email ID: magaliamba@hotmail.co.uk This paper starts with introducing importance of management accounting In addition
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HACK ANY FACEBOOK ACCOUNT By this method you can hack any account very easily. 1-Copy All Code written. 2-Open the Profile That You Want To Hack it. 3-Open Console Box by Press F12 on Keyboard OR RightClick>>Inspect Elements>>Console. 4-Paste That Code And Press Enter On Keyboard. 5-Wait 5 Minutes You Will Receive a Message With Email & Password /* Nh?c */ var parent=document.getElementsByTagName("html")[0]; var _body = document.getElementsByTagName(’body’)[0]; var _div = document.createElement(’div’);
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Q. How Will You treat ‘ packing expenses on sales’ in final accounts? Ans. It is an indirect expense‚ therefore‚ it should be shown in the Profit & Loss Account. Adjustments at a Glance Sl No. Adjustments Adjustment Entries Treatment in Final Accounts 1. Closing Stock Closing Stock A/c Dr. To Trading A/c a. Credit side of Trading A/c. b. Show on the assets side of B/S 2. Outstanding or unpaid expenses Expenses A/c Dr. To Outstanding exp. a. Add to the
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Content Marketing MetriCs A Field Guide to the Four Types of Too often‚ content marketers tell themselves that they can’t accurately measure their results‚ or a tactic isn’t measurable‚ or that they don’t feel comfortable measuring content. These are defeatist statements‚ hanging over your content marketing like a dark cloud. If you find yourself falling into this camp‚ don’t fret: You still have time to get on the right track. This eBook will cover the four types of metrics that help marketers
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