systems: debit/credit system‚ website‚ and accounts receivable system. The debit/credit system and the website are already automated while the accounts receivable system is currently manual. The debit/credit system records all the expenses of the company‚ may it be capitalization expense or daily operating expense. It also records the sales from the job orders. The website simply advertises the company’s sold units and shows the company site map. The accounts receivable system holds the schedule of
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this topic. INTRODUCTION This internal assessment focuses on the impact of technology on accounting. Accounting is the systematic process of collecting‚ recording‚ classifying‚ analysing and communicating financial information. Traditionally‚ accounts were prepared manually using ledgers‚ cashbooks etc. However in recent years‚ technology has played an increasingly important role in accounting and has changed the accounting systems. This has brought with it solutions to previous problems associated
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ACCT 3512 Chart of Accounts Accounts & 4 Characteristics by 6 Acct Types: FS‚ Real vs. Nominal & Normal Acct Bal (NAB) mjm cpa 9/13 (Contra Accts) [Historical Cost Exceptions] (ACCT 3512 emphasized accts in italics) by Marco J. Malandra‚ CPA 1. ASSETS: BS‚ Real‚ Dr NAB‚ (Cr if contra) 3. SHs’ EQUITY: BS‚ Real‚ Cr NAB (Dr if contra) Current [generally]: IC accts: Preferred Stock [at Par Value] Cash (Money Orders‚Checks‚Checking‚ Savings‚ Petty) Additional-paid-in-capital
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Accounting Project SHAREHOLDER’S FUNDS Shareholders’ funds are the balance sheet value of the shareholders’ interest in a company. For company (as opposed to group) accounts it is simply all assets less all liabilities. For consolidated group accounts the value of minority interests should also be excluded. The addition of minority interests gives us “shareholders’ fund including minority interests”. A further adjustment gives us total equity. SHARE CAPITAL The capital collected by a joint
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If you’ve worked in several offices over the course of your career‚ you probably know the differences between a workplace in which the relationships are effective and those in which the relationships need improving. In a healthy workplace‚ colleagues not only get along with their managers‚ but also with their peers. The key to building this type of positive environment is simple and translates into virtually every type of business. Trust and Honesty Trust and honesty go hand-in-hand in any relationship
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August - September Today we started out at 8 a.m. on our journey. I am traveling on the Nina‚ and Columbus is the captain on my boat. As we are traveling farther and farther‚ people aren’t having much faith. Everyone is losing their faith. I am trying to stay believing because I believe that God has a plan for us and he has control. Every day it gets harder to keep my faith‚ but I am hanging on. It’s really hard with everyone around me having such a bad attitude. I have been more to myself and
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1. Describe the experiences here at Stonehill which have motivated and prepared you to be an effective Peer Mentor. Last June I was extremely nervous for my journey ahead at Stonehill College. When touring the school‚ I was very comfortable on campus and felt the school would be perfect for what I wanted in a college‚ but I was still very anxious of the unknown. At orientation I was placed with a random group of people and slowly got to know each and every one of my fellow peers. The entire experience
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and Theseus Ship Thomas Reid was an advocate of common sense realism‚ derived from the ideology of Aristotelianism. He strongly objected John Locke ’s theory of personal identity when pertaining to the idea of the ship of Theseus. Thomas Reid believed that there was a lack of sensus communis in Locke ’s attempt at deducing what defines something as itself. I agree with Thomas Reid. In my opinion‚ something did change from the beginning to the end of the reconstruction to Theseus ship. With no pre-existing
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I am currently studying Access to Nursing‚ Midwifery and Health Science in Waltham Forest College. This is my sixth reflective journal based on Gibbs (1998) reflective cycle and in this essay I will write about my whole college experiences in course 2015/16. Even though I did not expect my college course to drastically transform me‚ I have notice huge changes in myself in this one year course that I take the first step toward my dreams career life. Naturally‚ I always expected college to be a challenge;
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ACKNOWLEDGEMENT First of all‚ I would like to thank Almighty God for giving me the strength to do this SBA‚ Mrs. Clovetta Campbell and finally my Principles of Accounts teacher Ms. Williams who helped me along the way. AIMS OF THE BUSINESS The aim of the business is to achieve exposure of what goes on in the business world. The aim of this business is to also know how to prepare Accounting Ratios‚ how to operate a business and how to achieve customer satisfaction and to attain profit
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