Doubtful Debts to amount calculated) 2014 30 June Bad Debts Expense Allowance for Doubtful Debts 20 070 20 070 (Adjustment to increase Allow for Doubtful Debts to amount calculated) Suggested Solutions taken from the Solutions Manual to accompany Hoggett J.‚ Medlin J. Edwards L.‚ Tilling M. and Hogg E. “Financial Accounting” 8th Edition‚ 2012‚ John Wiley & Sons Australia‚ Ltd.
Premium Accounts receivable Expense Balance sheet
the business. Loren et al. (2009) also suggests that the accounting information should be understood by broad classes of decision makers. One gigantic class is included investors; lenders‚ suppliers and other trade creditors‚ customers and so on (Hoggett et al. 2009‚ p.447). Sometimes‚ the information users were non-professionals and even a small number of people are outsiders‚ like us students‚ if the accounting information is very professional and difficult to comprehend‚ it will increase the risk
Premium Balance sheet Financial statements Generally Accepted Accounting Principles
methods • To attend classes‚ complete their work and use support facilities wisely • To show honesty and integrity Unit overview: Weekly classes and text • Classes • One two-hour lecture • One one-hour tutorial/workshop • Texts • Leo‚ K.‚ Hoggett‚ J.‚ Sweeting‚ J. and Radford‚ J. (2009). Company Accounting. (8th edition). Milton‚ Queensland: John Wiley & Sons Australia‚ Ltd. • Additional readings as per unit outline Unit overview: Assessment • Mid-semester exam (35%) • 2
Premium Balance sheet Financial statements Annual report
BISHOP GROSSETESTE UNIVERSITY COLLEGE LINCOLN BA (HONS) DRAMA IN THE COMMUNITY YEAR 1 (DINC1) B1003009 DC104 ‘WHAT MOTVATES PEOPLE TO DANCE AND CREATE DANCES?’ WORD COUNT: 1‚854 The aim of this essay is to discuss dance; the focus will be on what motivates people to dance and create them. Firstly examining the work of a professional company‚ ‘Frantic Assembly’ and a choreographer‚ ‘Martha Graham’ and exploring their work‚ before moving onto why importance of dance to human
Premium Dance therapy Dance Modern dance
Chapter 7 - Positive Theory Positive Accounting Theory Philosophy of PAT Million Friedman championed positive theories in economics. He stated that: (part 3 Empirical Research in Accounts of Accounting theory from Jayne Godfrey) The ultimate goal of positive science (i.e. INDUCTIVE) is • The development of a ‘theory ‘ or ‘hypothesis’; • that yields valid and meaningful “Predictions’ • about phenomena not yet “observed”. Consistent with Friedman’s view‚ Watts and Zimmerman
Premium Depreciation Balance sheet Costs
Research report Topic: Comparing the disclosure for intangible assets of CLS and Acrux Details: Analyze the disclosure of intangible assets about two selected company CSL and Acrux. Executive Summary The Australian Securities & Investments Commission ’s (ASIC) Financial Reporting Surveillance Program was purpose to improve the quality of financial reporting by reviewing the annual financial reports of two listed companies whether or not compliance with the Corporations Act and Australian
Premium Balance sheet Goodwill
References: -tbl-reporting2003.pdf> Hoggett‚ J‚ and Nahan‚ M‚ ‘Ethical Investment-Deconstructing the Myth’‚ IPA Review‚ 2002‚ p
Premium Socially responsible investing Social responsibility Business ethics
Question 1 (a)(i) Historical Cost The historical cost concept can be defined as assets and liabilities that must be recorded at historical cost which is the fair value of the given acquired item at the time of acquisition or the amount of proceeds received in exchange for the obligation at the time of the transaction. Example: 1. One month ago‚ Company ABC purchased 10 units of an item at RM12 per unit. The price today is RM13 per unit. Using the historical cost concept‚ the inventory shall
Premium Balance sheet Generally Accepted Accounting Principles Asset
Australian School of Business Accounting ACCT 5942 CORPORATE ACCOUNTING AND REGULATION Course Outline Semester 1‚ 2014 Part A: Course-Specific Information Please consult Part B for key information on ASB policies (including those on plagiarism and special consideration)‚ student responsibilities and student support services. Table of Contents PART A: COURSE-SPECIFIC INFORMATION 1 1 STAFF CONTACT DETAILS 1 2 COURSE DETAILS 1 2.1 Teaching Times and Locations 2.2 Units of Credit
Premium Financial statements International Financial Reporting Standards
Characteristics of Accounting Information‚ http://highered.mcgraw-hill.com/sites/0072994029/student_view0/ebook/chapter1/chbody1/qualitative_characteristics_of_accounting_information.html John Wiley& Sons Australia‚ Ltd (2009)‚ Financial accounting/ John Hoggett…[et al.] (7th ed.) Obaidat‚ Ahmad N (2007)‚ Accounting Information Qualitative Characteristics Gap: Evidence from Jordan‚ International Management Review‚ http://findarticles.com/p/articles/mi_qa5439/is_200701/ai_n21292051/pg_2/?tag=content;col1
Premium Decision making Financial statements International Financial Reporting Standards