1st of February and today is 1st of March of the same year. You have just paid him his salary. What accounts will this transaction impact? Answer : Engineers cash account increases and company balance decreases . In terms of accounting head : (DR) Salary account (L) (CR) operating expense account ( Bank) (A) Bravo Corporation borrows Rs 1‚000‚000 on 1st Jan 2013 from a bank for corporate
Premium Generally Accepted Accounting Principles Expense Depreciation
Accounting 1 Semester 1 Final Exam Review Practice True/False Indicate whether the sentence or statement is true or false. ____ ____ ____ ____ ____ ____ ____ ____ ____ 1. Accounting is the language of business. 2. The relationship among assets‚ liabilities‚ and owner’s equity can be written as an equation. 3. The accounting equation does not have to be in balance to be correct. 4. A business that performs an activity for a fee is a service business. 5. The amount in an account is an account balance
Premium Balance sheet Generally Accepted Accounting Principles Accounts receivable
Dore-Dore (Q&A) 1. What is Dore-Dore’s motivation to converting to cells? Should the company continue with its plans for complete implementation of cells in children knit wear? If not‚ which knitwear products are best made in cells? Here are the main advantages found converting to cell. * Reducing the throughput time was the main motivation for converting to cells. For Dore-Dore‚ 3 weeks to 1 day * Defect fixing was local‚ reducing the cost of defect fixing a lot. In Dore-Dore
Premium Implementation Design Adenosine triphosphate
Principles of Macroeconomics‚ 9e - TB1 (Case/Fair/Oster) Chapter 1 The Scope and Method of Economics 1.1 Why Study Economics? 1 Multiple Choice 1) Which of the following is NOT listed in the book as a reason to study economics? A) to learn a way of thinking B) to understand society and global affairs C) to be an informed voter D) to learn how to make lots of money Answer: D Diff: 1 Topic: Why Study Economics
Premium Economics
Governmental Acct. Chapter 1 Homework 1-1) What justifies the different accounting & financial reporting practices of gvmt. & not-for-profit organizations as compared with business organizations? The fact that governments may have a monopoly on the services that they provide and the taxpayers must provide resources to them regardless of what they are‚ and efficiency is hard to measure as well as the quantity or quality of the services. 1-2) Describe the principal differences that distinguish
Premium Financial statements Income statement
Introduction: The basic objective of accounting is to provide information that is useful in making business and economic decisions. What makes accounting information useful for decision-making? The answer is however the accounting information confirms to the qualities that should be possessed by the financial and cost & Managerial reporting. In view and addition to this‚ the importance of strategic cost management and costing techniques like Activity based costing should not be underestimated. This
Premium Management accounting Cost accounting Costs
Q&A – Consumer Behavior Global Phenomena‚ Market Motivators & Consumer Values The Broad Forces of Change. www.Quenzel.com 1 Travel & Customer Loyalty Background TWA’s Frequent Flight Bonus. Led recovery of FBT market thru ’85 hijacking‚ ’85 Rome shooting ’86 IFFA strike & ’86 bombing. 1st Annual Freddie Awards – Best Award . Travel Channel. Founder & CMO. Launched cable TV’s first and only 24 hour network devoted to travel. Continental Airlines OnePass. Best frequent flyer program
Premium Happiness Time
Use your class text‚ readings‚ and slide shows. Do not cut and paste. I want an appropriate response to the entire question. Make sure that you answer each part of the question. Include the question with each of your responses. 1. The US Department of State (DOS) uses several tools of diplomacy. Briefly define the following: • Accord • Ad referendum • Compact • Declaration • Memoire • Note • Protocol 2. Some terrorism experts believe that a “Dirty bomb” is a serious and viable WMD
Premium United States Nuclear weapon World War II
(C1) You must analyse HOW the main principles that underpin work with children can support the practitioners’ practice in the setting. The welfare of the child is part of The Children Act 1989‚ and it means we as practitioners have to be reflective on our practice‚ it also means within our practice we have to put the child first. And treating all children so their needs are put first this is important because all children are different. (E8) Working in partnership with parents and families helps
Premium Childhood Child The Child
“The story of Ah Q” by Lu Xun is a historical fiction written during the period of the Xin Hai Revolution. Sun Zhong Shan and other knowledgeable people trying to save China from corruption. The protagonist Ah Q is a peasant who possessed the lowest social status in Qing dynasty. The low social status deprived his name despite the fact that Ah Q is a “good worker”. Ah Q wants to be one of the revolutionaries to revenge the Chao’s family who had the greatest power in Weichuang village. However‚ the
Premium Qing Dynasty Han Chinese Manchu