ledger a.a chronological record of all transactionsb.the balance of each account in the chart of accountsc.budget records for each account in the chart of accountsd.subsidiary details supporting a control account 2. Which steps in the Financial Accounting Process are in the correct sequence based on closing the accounts and determining timing differences prior to issuing financial statements a.record the transaction‚ post to the ledger‚ prepare the adjusted trial balance‚ enter adjusting entries
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8383212 to Octal [9 marks] (b) Evaluate 83A7F4.5D16 + B5B63.3E16. (Show working in Base 16) [5 marks] (2) A computer stores a number of 16 bits word using floating-point arrangement. Given that the first bit is reserved for the sign and followed by 6 bits for the exponent using biased form. The remaining bits are used for the mantissa with a hidden bit. (a) Show how the computer stores -37.87510 [5 marks] (b) What is the decimal value for 10111101100000002? [5 marks] (3) Using BCD representation
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A. What is the difference between accrual-basis accounting and cash-basis accounting? The difference between the two types of accounting is when revenues and expenses are recorded. In cash basis accounting revenues are recorded when cash is actually received and expenses are recorded when the expenses are actually paid. B. Why would politicians prefer the cash basis over the accrual basis? The accrual basis system deals with deprecation of the value of equipment‚ land and such. Politicians would
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employees is fair. In most cases when a union is involved‚ there is a percentage of compensation that has been agreed upon. 1.7) Financial accounting (i) Management accounting (h) Financial reporting (g) Financial statements (f) General-purpose assumption (b) Integrity (c ) Internal control (e) Public accounting (d) Bookkeeping (a) 2.3) Amber Company’s assets total $150‚000 and its liabilities total $85‚000. What is the amount of Amber’s
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← Abstract Faced with various issues of international accounting in cultural‚ economic‚ ethical and social level‚ after comparing US with China about the GAAP‚ analyzing the differences and difficulties in global accounting standard‚ it’s necessary to separate different accounting standards because of the diversification in different countries‚ it shows that accountancy professions play an important role in capital market‚ which can provide useful‚ relevant and reliable information to interested
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Homework Week 2 Exercise E1-1 SEC – K Audit – G Sole Proprietorship – I Corporation – E Accounting – A Accounting Entity – D Audit Report – J Cost Principle – F Partnership – C FASB – L IASB – H Unit of Measure – B GAAP – N IFRS – M E1-2 Accounts receivable – Asset Cash and cash equivalents – Asset Net sales – Revenue Notes payable – Liability Taxes payable – Liability Retained earnings – Stockholders’ Equity Cost of products sold – Expense Marketing‚ administrative
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Christology Of Mark. (PERSON NATURE AND ROLE OF CHRIST IN THE GOSPEL OF MARK) Christology is the branch of Christian theology relating to the person‚ nature‚ and role of Christ. The Gospel according to Mark was the first gospel written meaning it was the beginning of the good news of Jesus‚ the son of God. Jesus the Christ is represented in many ways in Mark’s gospel it is through this that the reader is able to encounter him and learn the mystery of who he is. Within the gospel of Mark‚ Christ it
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CHAPTER 2 21. Generally accepted accounting principles a. are fundamental truths or axioms that can be derived from laws of nature. b. derive their authority from legal court proceedings. c. derive their credibility and authority from general recognition and acceptance by the accounting profession. d. have been specified in detail in the FASB conceptual framework. 22. A soundly developed conceptual framework of concepts and objectives should a. increase financial statement users’
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Tommy Sha Mr. Tavares English 2 L1 15 September 2012 The Adventures of Mark Twain History. Most people would want to be remembered throughout history; they want to make a name for themselves. Well Mark Twain certainly made a “name” for himself. Seriously‚ Mark Twain was only a pen name‚ but his real name was Samuel Langhorne Clemens. Mark Twain was not always a writer. Before he found his calling‚ he was a typesetter‚ contributed articles to newspapers; riverboat pilot‚ gold miner‚ and then
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Abstract The observance of international accounting standards is playing an increasingly significant role in dynamic regulatory developments and presents several challenges‚ which may necessitate a variety of procedural and technical data processing changes. Regulatory consolidation under the influence of international accounting standards The observance of international accounting standards is playing an increasingly significant role in dynamic regulatory developments. On the one hand‚ publicly
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