EXAM SAMPLE EXAM 1. The accounting process does not include: a. b. c. 2. d. e. labor unions all of the above statement of owner’s equity income statement balance sheet d. e. both b and c all of the above This account does not appear on the income statement: a. b. c. 6. lenders prospective owners customers Expenses can be found in the: a. b. c. 5. balance sheet balance sheet and journals balance sheet and income statement income statement
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charges of £600 were charged to the bank account. • Wages of £12 000 were paid by cheque. Required: (a) Prepare the trial balance at 31 March 2011. (10) Additional information at 31 March 2011: • Operating expenses of £1 600 were accrued. • Depreciation is charged using the straight line method at the rate of: i) Premises 2% per annum ii) Fixtures and fittings 15% per annum. (b) Prepare the profit and loss account for the month of March 2011. (8) (c) Prepare
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CLUB MED: Introduction; Visionary Gerard Blitz created a way to revolutionalize holidays‚ creating a place where people can live in the moment and be happy‚ his vision was Club Med. This was a concept centered on providing customers with leisure and unforgettable experiences‚ centered on freedom‚ pleasure and relaxation. Club Med was open to different cultures; customers were treated with kindness and were considered to be special. Club Med had become the major player in world tourism form its
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EXAMPLES OF ACCOUNTS FALLING UNDER EACH ACCOUNTING EQUATION ELEMENT: Current Assets Cash - A current asset account which includes currency‚ coins‚ checking accounts‚ and undeposited checks received from customers. The amounts must be unrestricted. (Restricted cash should be recorded in a different account.) Petty Cash Fund - A current asset account that represents an amount of cash for making small disbursements for postage due‚ supplies‚ etc. Notes Receivable - An asset representing the
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Job Description ----Account Payable---- General Purpose Perform accounting and clerical tasks related to the efficient maintenance and processing of accounts payable transactions. Main Job Tasks and Responsibilities ▪ review invoices and check requests ▪ sort and match invoices and check requests ▪ set invoices up for payment ▪ process check requests ▪ prepare and process accounts payable checks‚ wire transfers and ACH payments ▪ reconciliation of payments
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Life is full of surprises. Actually Life itself is a surprise! Who would have thought that I will be doing a blog like this? Who would have thought that YOU are going to read a blog like this? Indeed it is a surprise that we are all enjoying more privileges that the earlier generations haven’t experienced. A person will experience different kinds of surprises as long as He/ She lives. Even after death‚ we can still experience surprise! But what if the surprise you are experiencing is a miserable
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The Honourable Chief Judge of Niger State‚ Honourable Justice Fati Abdulsalami Abubakar High Court of Justice Minna. Your Lordship. APPOINTMENT AS CHIEF JUDGE NIGER STATE As we await the Confirmation of your appointment as the Chief Judge of Niger State‚ kindly permit us to join many others in offering our congratulations on your well-earned elevation. My Lord‚ many who are fairly familiar with you will find your elevation not an event but a culmination of hard work‚ perseverance and humility.
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and eating many kinds of fruit. In my opinion‚ the food and beverage we use daily play a vital part in keeping life healthy. Besides‚ keeping a healthy life by controlling food and drink habits is quite easy to follow. Every morning as I get up‚ I drink a glass of water to begin a new day. I tried to drink water as much as possible even when I do not feel thirsty. Water is very important in keeping a healthy and fresh body. Besides‚ habits of eating a lot of fruit are very effective. Fruits contain
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Background of the Project The company was founded on February 11‚ 2009 with the Mission: To change the riding culture of a sports motorcycle enthusiast‚ and Vision: To become the number one sports motorcycle distributor in the country. With Filipino sports motorcycle enthusiasts’ desire and with VAMA’s realization‚ the company is using its engineering skills to make sports motorcycles reachable and affordable for everybody. Inspired by its Mission and Vision and supported by its engineering profession
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future. I got nutrient in house. I was a house committee for 2 years. I lead my house members for 2 years. In sports day I am the leader to lead them shouting out the slogan which are writing by ourselves.’ We are the wisdom the best of all.’ How encourage is. I also discuss with other committee and assign different talent to join different competition. In that year we got the second in sports. In fashion show‚ we designed the clothes together and making use of our creativity to make the performance
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