MANILA ELECTRIC COMPANY AND SUBSIDIARIES NOTES TO CONSOLIATED FINANCIAL STATEMENTS 1. Corporate Information Manila Electric Company or MERALCO‚ holds a congressional franchise under Republic Act or RA No. 9209 effective June 28‚ 2003. RA No. 9209 grants MERALCO a 25-year franchise valid through June 28‚ 2028 to construct‚ operate‚ and maintain the electric distribution system in the cities and municipalities‚ and barangays in the provinces of Batangas‚ Laguna‚ Pampanga‚ and Quezon. On October
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Working with Financial Statements Accounting is the heart and soul of executing a successful business. Accounting is used to provide record for all items that are paid and received for a business over any period of time. Within the purpose of accounting lies the need to provide continuity and sustainability within a business‚ without it a business will not thrive. The information obtained is kept on record‚ in order to give insight to upper management on data concerning the daily revenue and expenses
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The topic I chose to do my “Show Me You Care” project is substance abuse among teenagers. This will mainly focus on what kind of illegal substances are these teens consuming. Some people may think that substance abuse is only smoking weed or consuming alcohol‚ however is more than just that. Some teens have found illegal substances in cough medicine and used that for their drug addiction. Another form of illegal substance is the use of hookah. Many teenagers look at it as just flavor tobacco and
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NICHOLS PLC | ANNUAL REPORT & FINANCIAL STATEMENTS 2011 Laurel House | Woodlands Park | Ashton Road | Newton-Le-Willows | Merseyside | WA12 0HH 01925 22 22 22 | www.nicholsplc.co.uk ANNUAL REPORT & FINANCIAL STATEMENTS 2011 NICHOLS PLC | ANNUAL REPORT & FINANCIAL STATEMENTS 2011 NICHOLS PLC IS A HIGHLY FOCUSED SOFT DRINKS BUSINESS. ITS BRAND PORTFOLIO INCLUDES VIMTO‚ WHICH IS SOLD IN OVER 65 COUNTRIES AND LEVI Roots‚ weight watchers‚ SUNKIST & PANDA WHICH ARE SOLD IN THE
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career of accounting there is multiple skills that you must have to prepare yourself for this career. The basic overview of this job is how businesses keep control of their incomes and assets over periods of time. Accountants interact in variations of activities besides recording transaction for business and readying financial statements which include computing costs and the efficient gains from new technologies that businesses use. Accountants participate in game plans for consolidations and acquisitions
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office in the financial accounts for 6 Months. He asked me to hide it and then divide and absorb it in next few months to hide the impact. I did not agree on this and showed the true and fair picture in Financial Reports. What did you learn from this experience and how will it influence your future behavior in the workplace? If I would have acted upon on the order of General Manager and decreased the cost of sale by 2.3%‚ it would be against my professional ethics. This act would have built
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LILTS BERGER & ASSOCIATES Certified Public Accountants Ocean City‚ Florida 33140 Independent Auditor’s Report To the Stockholders Oceanview Marine Company We have audited the accompanying balance sheet of Oceanview Marine Company as of December 31‚ 2007‚ and the related statements of income‚ retained earnings‚ and cash flows for the year then ended. These financial statements are the responsibility of the Company’s management. Our responsibility
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EXECUTIVE SUMMARY • Indents were approved in all levels‚ but such indents were pending for Purchase Order. • Indents pending for 4th approval‚ hence preparation of Purchase Order was also pending. • Same nature of items was routed through different item head. • Rates on the same date differ of items having similar description. • Purchase Order prepared for higher rates‚ however rates which was agreed was less. • Condition of excess carting mentioned in Purchase Order; however
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Beginning the Audit Report ACC/546 Auditing January 12‚ 2015 Beginning the Audit Report January 12‚ 2015 Mr. Arnold Anderson Anderson‚ Old‚ and Watershed‚ CPAs‚ LLC Shoetown‚ ME 00001 Dear Mr. Anderson: This is letter is to inform you of the plans for the beginning of the audit process that we plan to take to complete the audit of Apollo Shoes. There are many parts to the process and we will discuss each within this letter. The beginning of the audit process is to describe the objectives
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551 Course Project Notes to Financial Statements Table of Contents I. Cover Page 1 II. Table of Contents Page 2 III. Tropical Pool Cleaning Income Statement Page 3 IV. Tropical Pool Cleaning Balance Sheet Page 4 V. Notes to Financial Statements Page 5 VI. Reference Page 9 Notes to Consolidated Financial Statements NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES 1. Nature of Operations Tropical Pool
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