Chapter 2 Cost Terms‚ Concepts‚ and Classifications Exercise 2-2 (15 minutes) 1. 2. 3. 4. 5. 6. 7. 8. 9. 10 . 11 . 12 . 13 . 14 . 15 . Depreciation on salespersons’ cars ................ Rent on equipment used in the factory .......... Lubricants used for machine maintenance ..... Salaries of personnel who work in the finished goods warehouse.............................. Soap and paper towels used by factory workers at the end of a shift ...................... Factory supervisors’ salaries
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Chapter 3-1 The Accounting Information System Chapter 3-2 Financial Accounting‚ Fifth Edition Study Objectives 1. Analyze the effect of business transactions on the basic accounting equation. 2. Explain what an account is and how it helps in the recording process. 3. Define debits and credits and explain how they are used to record business transactions transactions. 4. Identify the basic steps in the recording process. 5. Explain what a journal is and
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will I am sure be of interest not only to our student audience but as a refresher to those of you in practice that may be required to deal with this concept. In most businesses debtor balances represent an important element of working capital. Accounting principles dictate that the supply of goods or services is accounted for as sales‚ at the point at which the buyer has a legal obligation to pay for them. Total debtors represent the value of credit sales for which payment has yet to be received
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Accounting: Topic 6: Analysis And Interpretation Of Financial Statements (Part 2) Capital Structure Analysis Proportion of debt financing relative to equity financing (=gearing or leverage) * Reflects the entity’s financing decisions * Investments in assets are funded externally by liabilities‚ or internally by owner’s as shown in accounting equation (A=L+OE) Debt to equity ratio: Total liabilities/ Total equity x 100=x% Debt ratio: Total liabilities/ Total asset x 100=x%
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Introduction to Accounting Accounting is a profession used to make financial and business decisions. Billions of dollars exchange hands every day‚ in millions of separate business transactions. These are recorded and reported on using a comprehensive set of guidelines‚ referred to as Generally Accepted Accounting Principles (GAAP). Brief History of Accounting Accounting was born before writing or numbers existed‚ some 10‚000 years ago‚ in the area known as Mesopotamia‚ later Persia‚ and today the
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rest of the organs in the body. If the death is not sadden because of the heart stops‚ but become because of the brain function stop‚ than it’s requires defining the reason and testing the brain of proof non functions. I am taking the side of James L. Bernat. The reason is he provides such of evidence of the meaning “death” on human body. “In the pretechnological era‚ physicians and philosophers did not have to consider whether a human being who had lost certain “viral functions” but had retained
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Assignment 2: The World’s Most Ethical Companies Vanessa Jeffery Strayer University L’OREAL is know for more the over a century trough their beauty products‚ they are one of the many successful cosmetic companies that are known for their mission to offer woman and men worldwide the best of cosmetic innovation in terms of quality‚ efficacy and safety. Their goal is pursed by meeting the infinite diversity of beauty needs and desires all over the world‚ and enables all individuals to express
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Content 1 Introduction 1 1.Task one 2 The models and concepts affecting the pricing decisions taken by organisations‚ critically reflecting upon their usefulness 2 2‚ Task two 6 The role of standard costing and variance analysis in management accounting and a critically discussion of the value and limitations of variance analysis as a means of identifying key areas which have contributed to the overall profit figure. 6 3‚ The advantages and disadvantages of introducing an Activity Based Costing
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Joshua L Chamberlain Once a missionary and fluent in 9 languages‚ it is hard to believe that Joshua Chamberlain would become one of the greatest colonels in American history. Chamberlain’s‚ courage‚ intelligence and leadership in the Civil War played a pivotal role in defeating the Confederate forces and ultimately unifying America. Lawrence Joshua Chamberlain was born on September 8‚ 1828 in Brewer‚ Maine. His parents‚ Joshua and Sarah Dupee Chamberlain‚ named him after the heroic Commodore James
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Edward L. Bernays is widely eulogized as the “father of public relations‚” but didn’t receive such recognition until his death in 1995. In the book “The Father of Spin‚” Larry Tye documents the career of Edward Bernays‚ as a man himself and the monumental findings that preceded him. Many may refer to how Bernays fathered public relations as it is known today‚ but he also shaped‚ molded and personified ideal practices of public relations with his own spin for everything he did. Bernays and his studies
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