The mystery of the mega flood was solved using the scientific method. Geologist Jeff Harlem hypothesized The scablands. Throughout the video you see that ripples are left by the sea in which he noticed that a large vast of water may have been the cause. But just by observing the scab lands they knew they must have formed over a long period of time. The video informs that on January 12‚ 1957 Brett’s proposed a body of water over thousands of years that traveled in ferocious speed causing a flood‚
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2106AFE Revision Lecture Questions Question 1 Short Answer Questions: Provide a brief answer including the specific sections and sub-sections that apply under the Corporations Act 2001 (Cth). DO NOT use ILAC method to answer. (a) On 1 February 2012‚ Mr Lawson was appointed as an administrator of Gogo Pty Ltd by the passing of a resolution by a majority of the directors of the company. Upon appointment‚ Mr Lawson convened the creditors’ first meeting on 4 February 2012. Is this a valid
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MEMORANDOM TO: Shareholders From: Carpino Company Corporate Office Date: February 10‚ 2007 Subject: Annual Report CC: Board of Directors It is with great pleasure to report Carpino Company’s financial results in our first year of business. The purpose of this memo is to clarify the attached Statement of Cash Flows and provide a brief synapsis of this year’s results. Although at first glance you may notice that Carpino Company had a net loss $30‚000; this is not necessarily cause for
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The 3 Principal Financial Statements I. The balance Sheet Snapshot of the financial condition of a firm - Measured on a given date ASSETS = LIABILITIES + EQUITY • Assets : What you have - INVESTING - USES • Liabilities : What you owe - FINANCING – SOURCES a) Assets • An asset is a resource that has a potential future economic (i.e. generate future cash inflows or reduce future cash outflows). • An asset is recognized when: It is acquired in a past transaction or exchange The
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preparing the financial statements B. journalizing and posting the adjusting entries C. preparing a post-closing trial balance D. journalizing and posting the closing entries Score: 1/1 2. During the end-of-period processing which of the following best describes the logical order of this process Student Response Feedback A. Preparation of adjustments‚ adjusted trial balance‚ financial statements B. Preparation of Income Statement‚ adjusted trial
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Basic Financial Statements Accountants‚ business owners‚ investors‚ creditors and employees use four basic financial statements of an organization to determine the financial well-being and future earnings potential of that organization. Financial statements are a key tool in seeing and understanding the past‚ present and future condition of an organization. What are these financial statements and what do they mean to the reader? Do the financial statements mean something completely different to
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Freya DESCRIBE THE CHALLENGES FACING MEGACITIES AND EVALUATE THE RESPONSES TO THESE CHALLENGES Mega Cities are cities that have a population of more than 8 million and are characterised by the challenges they face‚ including issues involving the informal economy‚ unemployment‚ poor sanitation and shelter. These issues are largely prominent in these cities due to rapid urban growth and a lack of resources. In many cases action has been taken by national governments and non-governmental organisations
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of opera? - 2. What famous literary works became the basis for Romantic operas? Chapter 35‚ p. 299 1. How did the traditional system of tonality break down in the early twentieth century and what replaced it? 2. How did composers change their approach to the orchestra in early twentieth-century music? How did they approach form? Chapter 36‚ p. 312 1. What elements made Stravinsky’s Rite of Spring shocking to its first audiences? Is it still shocking today? Chapter 39‚ p. 339 2. What qualities
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Executive Summary GAAP‚ generally accepted accounting principles‚ are the rules for preparing the financial statements. There are specialized professionals FASB‚ SEC‚ AAA‚ FEI‚ IMA‚ AIMR and others for developing GAAP. There are 13 principles for preparing Financial Statement. Business Entity Principle requires business to be separated from owner of the business. Going Concern principles requires the business to assume that the business will for long time. Revenue Recognition Principle considers
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Non-Banking Financial companies Introduction: A non-banking finance company may be defined as an institution which mobilizes the savings of the community and diverts them for financing different activities. A bank also performs similar type of activities. Then what is the differesnce between bank and non-banking finance company? The difference can be seen from two points of views. Firstly‚ from the legal point of view‚ bank may be defined as an institution which is governed by the Banking
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