Objective 1. Determine the total considerations transferred. 2. The land and buildings should be recorded on the premise of “in-use” or “in-exchange”. 3. Determine the fair value recorded for the intangible assets. Applicable accounting pronouncement ASC 805-20-25 Business Combinations-Identifiable assets and liabilities and any non controlling interest-Recognition Recognition Conditions 25-2 To qualify for recognition as part of applying the acquisition method‚ the
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and selling products including sales salaries‚ sales commissions‚ advertising‚ depreciation on items used in sales‚ and delivery expense. Administrative expenses: office expense‚ such as the salaries of the company president and office employees‚ depreciation of items used in administration‚ rent‚ utilities and property tax on the office building. ▪ Perpetual vs. Periodic- info about methods and differences o Perpetual: An inventory system in which the business keeps a continuous record
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Techniques in the Office HCS/325 December 15‚ 2011 In the organization that I am currently employed at has a plethora of effective and ineffective communication skills. In this paper I will be discussing both of these concepts along with ways to modify those techniques to make the office a more effective place to work. I will also explain how the impact of technology will improve the communication skills in the office. The different types of techniques that are used in the office to share information
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Procedure Title : Personal Protective Equipment Procedure REV DATE REASON OF REVISION ORIGINATOR APPROVED BY Name Sign. Name Sign. 1 11-08-2013 DOCUMENT CREATION Francis E. Tan Ayad El - Jammal TABLE OF CONTENTS 1. SCOPE This document describes the personal protective equipment (PPE) procedure to be used by IMCO Engineering
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Scott Equipment Organization Paper FIN/419: Finance for Decision Makers Scott Equipment Organization is investigating the use of various combinations of short-term and long-term debt in financing its assets. The organization has decided to employ $25 million in current assets‚ along with $40 million in fixed assets‚ in its operations next year. Anticipated sales and Earnings Before Interest and Taxes (EBIT) for next year are $60 million and $6 million‚ respectively. The organization ’s income
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COURSE ACCOUNTING IA CODE CAC 1107 AIM The purpose of the course is to provide an understanding of the basic concepts and techniques of accounting and their application to business management. The course covers the accounting cycle and assumes no prior knowledge of accounting. The course is intended for those who will use accounting information as managers rather than those who will prepare it as accountants. In appreciation of the question of the semantic value of accounting information
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1.Based on the interviews and data in the case‚ we calculated the following information. (1)The cost of processing cartons through the facility: Personnel expense (warehouse‚ truck drivers)2‚570‚000 ¡ÐCompensation for truck drivers ( 250‚000) Warehouse personnel expense $2‚020‚000 ¡ÏWarehouse expenses (excluding personnel) 2‚000‚000 $4‚020‚000 (2) The cost of entering electronic and manual customer orders: Order entry expenses $ 840‚000 (3) The cost of shipping cartons on commercial
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The Role of The Front Office A security program is most effective when all employees participate in the hotel’s security efforts. Front office staff play a paticularly important role. Front desk agent‚ door attendants‚ bellpersons‚ and parking attendantshave the oppurtunity to observe all persons entering or departing the premises. Suspicious activities or circumstances involving a guest or visitor should be reported to the hotel’s security department or a designated staff member. Several procedures
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CENTER Office: A-310 Phone: (972) 273-3480 Call the office for hours of operation. This course syllabus is intended as a set of guidelines for Economics 2301. Both North Lake College and your instructor reserve the right to make modifications in content‚ schedule‚ and requirements as necessary to promote the best education possible within prevailing conditions affecting this course. Instructor Information: Dr Uzo Agulefo‚ PhD. E-mail: agulefo@dcccd.edu Office Phone Number: (972) 273-3544 Office: T231A
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Article Analysis From Enron to Tyco‚ accounting scandals have always been a worrisome issue in accounting. Regardless of how many internal controls there are‚ there will always be a chance for unethical practices in accounting. Where and when do these problems arise? This paper will analyze an article listing situations that lead to those unethical practices and behavior that lawmakers try to prevent. In his article “What Are the Causes of Ethical Lapses in Accounting‚” Jagg Xaxx writes that business
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