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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* to assist in the preparation of supplementary schedules and income tax return for filing with the Securities Exchange Commission and Bureau of Internal Revenue‚ respectively; and * to make comments and recommendations regarding internal accounting controls and other aspects of the company’s operations; INTRODUCTION AuditPro Management & Co.‚ CPAs has been reappointed by the Board of Directors as the external auditor for Ayala Land‚ Inc. for the year period commencing 2011-12. This
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Topic of current event (select from topics in instructions) Cells and Microscopes Source (staple a copy of the article to the back of your assignment) Popular Science magazine‚ MSNBC News online‚ CNN online‚ National Geographic magazine‚ AZ Game & Fish Dept. website‚ etc What is a stem cell? : https://student.societyforscience.org/article/what-stem-cell Summary of current event (at least 8 sentences) What is this current event discussing? Incclude important details to help readers understand
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the size‚ form‚ and content of events in this context: explain how the various events are classified and why (think globally) Business Events: Business events can come in all shapes and sizes; both public and private‚ from a grassroots computer-swap-meet in one’s locality to international trade conventions and car shows in exhibition centres. If there is a product‚ there is a business event to promote it. A business event is an umbrella term for any event where the aim is to “...enhance
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2. Review V. F.’s corporate website. Prepare a two-paragraph memo to the company’s CEO outlining whether V. F. should more broadly adopt Timberland’s CSR reporting‚ identifying which of its brands would most likely benefit the most from sustainability reporting. VF took a strategic step by buying Timberland with its CSR policies. They chose to be one of the sustainable companies whose products perfectly match their target audience. VF owns North Face‚ i.e. a premium outdoor brand that can perfectly
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The Accounting Cycle Presented to Ms. Aisha Meeks Department of Business Management College of Business Administration Alabama State University In Partial Fulfillment of the Requirements for the Course ACT.214.04 By Krystal Hall January 26‚ 2013 Memo: To: Ms. Aisha Meeks From: Krystal Hall Date: 2/26/2013 Re: The Accounting Cycle Every company has an accounting cycle. An Accounting cycle is the process that begins with analyzing and journalizing transactions and it ends with
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$500‚000 and is known by both Brickhouse and Boudreau to be a fairly "soft" amount. Identify possible causes of action. -Brickhouse is acting unethically. His action serves only his self-interest‚ self review and has no clear basis in proper accounting procedures‚ so ignoring the familiarity with brickhouse ‚the controller‚ Louise Boudreau‚ should not manipulate net income in view of any compensation plan the company may have.He must comply with relevant laws and regulations and not assist others
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concepts and information provided in my “Police Administration” textbook about the department. I ask you to consider the question “Is the feeling of heightened security worth the risk of eroding our individual Constitutional rights and freedoms?” In this memo‚ I will provide my opinions to you‚ the President of the United States of America‚ on how this Criminal Justice Agency is structured and whether or not it is effectively managed. In order to properly address the Department of Homeland security
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Costs assigned to the building of a house should appear on the income statement when Answer a. the purchase order to manufacture the house is received. b. the house is sold. c. cash is collected for the sale of the house. d. the house is completed. The basic document for keeping track of costs in a job order costing system is a Answer a. labor time card. b. job order cost card. c. process cost report. d. materials requisition form. The following information is available at the
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Accounting Homework Individual Chapter 7 Question 1&2 1. (a) What are generally accepted accounting principles (GAAP)? In the U.S.‚ generally accepted accounting principles‚ commonly abbreviated as US GAAP or simply GAAP‚ are accounting rules used to prepare‚ present‚ and report financial statements for a wide variety of entities‚ including publicly-traded and privately-held companies‚ non-profit organizations. (b)What bodies provide authoritative support for GAAP
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