Revenue Company sold specialized computers costing P760‚000 to Income‚ Inc. for P990‚000. Revenue Company’s trainers present numerous training sessions for Income’s employee during the installation period. Income made a 50% down payment‚ with the balance due upon completion of installation. How much revenue should Revenue Company recognize on its books on January 1‚ 2012? a. P990‚000 b. P760‚000 c. P495‚000 d. P-0- 2. SAMpple Company is an experienced home appliance dealer. SAMpple Company
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BACC 100 Assignment # 1 1. Jellybean Company reported equity of $32‚000 on its December 31‚ 2014 balance sheet. The following information is available for the year ended December 31‚ 2015: Revenues $73‚000 Expenses 59‚000 Liabilities 11‚000 What are the total assets of Jellybean Company at December 31‚ 2015? A) $14‚000. B) $25‚000. C) $35‚000. D) $46‚000. E) $57‚000. 2. At the end of its first year of operations‚ Matlocke Company has total assets of $2‚000‚000 and total
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providing a product or service 3) These are selected account balances on December 31‚ 2008. Land (location of the corporation’s office building) $150‚000 Land (held for future use) 225‚000 Corporate Office Building 900‚000 Inventory 300‚000 Equipment 675‚000 Office Furniture 150‚000 Accumulated Depreciation 450‚000 What is the net amount of property‚ plant‚ and equipment that will appear on the balance sheet? D. $1‚650‚000 4) "Generally accepted"
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Apollo 11 Mission The Apollo 11 mission was the first man mission to land on the Moon. The Apollo 11 team left Kennedy Space Center on July 16‚ 1969 at 13:32UTC. The mission’s team included Commander Neil Alden Armstrong‚ Commander Module Pilot Michael Collins and Lunar Module Pilot Edwin Eugene “Buzz” Aldrin Jr. After being in orbit for 72 hours‚ Armstrong and Aldrin climbed into the Lunar Module‚ named the Eagle‚ and prepared for their descent to the Lunar surface.
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Lecture 1: Introduction Geology - the study of the Earth‚ the processes that shape it‚ and the resources that could be obtained from it. Main branches Physical Geology - deals with the materials that comprise the Earth and the processes that affect it (e.g.‚ Volcanology‚ Seismology‚ Environmental Geology‚ Engineering Geology‚ Mining Geology‚ Petroleum Geology‚ Mineralogy‚ Petrology‚ Geomorphology‚ Geophysics‚ Geochemistry‚ Planetary Geology) Historical Geology - the study of the origin and
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The Income Statement accounts (with normal account balances) from the Adjusted Trial Balance of MJM Co. at 12/31/08 is as follows: Sales 1‚500‚000 Cost of Goods Sold 600‚000 Selling Administrative Expense 300‚000 Interest Revenue 180‚000 Gain on the Sale of Equipment 270‚000 Loss on the Sale of IBM Stock 300‚000 Loss from Discontinued Division Operations 750‚000 Gain on the Sale of the Discontinued Division 900‚000 Extraordinary Gain from Tornado Insurance 1‚050‚000 Income Tax Expense (at 30% Rate)
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Anita Sit M-B2-4425 Kenneth Ho M-B2-4443 Naomi Lo M-B2-4401 Iny Chan M-B2-4419 Michelle Wong M-B2-4449 Abstract Extensive research reveals that achieving work life balance can help to improve employee’s performance (Tsui‚ Pearce‚ Porter & Tripoli‚ 1997)‚ employee’s job satisfaction (Namasivayam & Mount‚ 2004) and employee’s organizational citizenship behavior‚ which incurred as a result of social exchange (Lambert‚ 2000). The increasing intensity and complexity of work with
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1. Review the principles of competitive advantage in Figure 3-12. Which types of competitive advantage has BOSU used to defeat copycat products? Bosu has successfully used the principles of product enhancement‚ customer lock-in‚ raising entry barriers‚ and alliances to defeat copycat products 2. What role did information systems play in your answer to question 1? Information systems were very important. The database of trainer data was used extensively to help create and maintain the
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Question: Write a note on the importance of 7Cs in Business Communication. Effective communication is an important part of business success. The message is said to be effective when the receiver understands the same meaning that the sender was intended to convey. For any communication in business‚ in order to be effective‚ it must have seven qualities. These seven attributes are called seven C’s of effective business communication. (All these attribute starts with the alphabet ‘C’ so are called
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Trade Balance in Selected Asian Economies Alemu‚ Aye Mengistu Assistant Professor‚ SolBridge International School of Business‚ Daejeon‚ South Korea. ayem2011@solbridge.ac.kr Jin-sang‚ Lee Specialist Professor‚ Duksung Women’s University‚ Seoul‚ South Korea. jinslee0209@duksung.ac.kr Abstract The aim of this study is to investigate how depreciation could affect the export sector in selected Asian countries. Theoretically‚ depreciation will bring positive impact on trade balance. However
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