capital gain and taxable income of $35‚000. If taxpayer collects the entire $10‚000 during the current year‚ $8‚000 needs to be included in gross income. True False 4. A cash basis taxpayer must include as income the proceeds from the sale of an account receivable to a collection agency. True False 5. If an account receivable written off during a prior year is subsequently collected during the current year‚ the amount collected must be included in the gross income of the current year
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NATIONAL INCOME Definition: According to Alfred Marshall‚ National Income is the labour and Capital of a country‚ acting on its natural resources‚ produced annually a certain net aggregate of commodities and in materials including services of all kinds. This is the net annual income or revenue of the country or the true national dividend. According to A.C.Pigou “ The national income dividend is that part of the objective income of the community‚ including‚ the income derived from aboard
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Classificatory smoothing of Income with Extraordinary Items - Summary Within this paper they talk about whether extraordinary items are used to smooth ordinary or operating income over time. The role of extraordinary items was never really looked at become separately and that is what they wanted to look at. They talk about how previously the focus was on net income after extraordinary items but that it is important to look at net income before extraordinary items also
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Dell Inc Dell ’s name rings from the desktop to the data center. The world ’s #3 supplier of PCs (behind #1 HP and China-based #2 Lenovo)‚ the company provides a broad range of technology products for the consumer‚ education‚ enterprise‚ and government sectors. In addition to its line of desktop and notebook PCs‚ Dell offers network servers‚ data storage systems‚ printers‚ Ethernet switches‚ and peripherals‚ such as displays and projectors. It also markets third-party software and hardware. The
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social discrimination existed all over the world‚ such as racial‚ religions‚ sex discrimination etc. Every person has equality before the law‚ but‚ in many case‚ the fate of people would be decided to depend on their background. Depending on parent income‚ some people can graduate from private university‚ others just graduate from public high school. In fact‚ these different of process would greatly influence in their future. As I watched video which story about social discrimination and each worker
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product. 10. Code the recognition of cost of goods sold for the units sold in Event 9. Required Show how these events would affect the balance sheet and income statement by recording them in a horizontal financial statements model like the one shown below. The first event is recorded as an example. Horizontal Statements Model | | Assets | = | Equity | | | | | | | | Event | | | | Office | | Manuf. | | | | Com. | | Ret. | | | | | | | | No. | | Cash | + | Furn
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Table A Table A: Condensed Income Statements‚ 1991-1993 (thousands of dollars) 1991 1992 1993 Net sales Cost of goods sold Gross profit Operating expenses Interest expense Interest income Profit before taxes Federal income taxes Net profit $5‚213 3‚597 $1‚616 1‚199 68 20 $369 125 $244 $6‚167 4‚440 $1‚727 1‚542 75 15 $125 43 $82 $7‚967 5‚577 $2‚390 1‚912 85 16 $409 139 $270 Page 1 Table B Table B: Balance Sheet at December 31‚ 1993 (thousands of dollars) Cash Accounts
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Introduction Purpose of this assignment is to analyse the case study of the Dell Inc‚ relating to the seven questions asked on the case study. Objective of the case study analysis is to get a deeper understanding of the Global production‚ outsourcing and logistics. 2. Company overview Dell is a global information technology company that offers its customers a broad range of solutions and services delivered directly by Dell and through other distribution channels. Their focused is to provide technology
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SERVLET BASICS Topics in This Chapter • The basic structure of servlets • A simple servlet that generates plain text • A servlet that generates HTML • Servlets and packages • Some utilities that help build HTML • The servlet life cycle • How to deal with multithreading problems • Tools for interactively talking to servlets • Servlet debugging strategies Training courses from the book’s author: http://courses.coreservlets.com/ • • • • • Personally developed and taught by Marty Hall Available onsite
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3RTO Multiple Choice Test Section 1 3RTO: Resourcing Talent Question 1 Talent management looks at how an organisation uses the skills of its workforce in order to maintain competitive advantage. Which of the areas listed below would not be part of a talent management programme? Leadership development Recruitment and selection Succession planning Payroll processing Question 2 Talent management programmes can help motivate staff and make them more productive‚ which in turn benefits
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