Case Chapter 7 Cash and Receivables 1. Petty Cash (10 min.) The petty cash fund of $200 for Walsh Company appeared as follows on December 31‚ 2008: Cash $93.60 Petty cash vouchers Freight in $21.40 Postage 40.00 Balloons for a special occasion 18.00 Meals 25.00 Instructions 1. Prepare the journal entries required to establish the petty cash fund. 2. Prepare in general journal form the entry to replenish the fund. 3. On December 31‚ the office manager gives instructions
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Accounting for Uncertainty in Discounted Cash Flow Valuation of Upstream Oil and Gas Investments∗ by William H. Knull‚ III‚ Scott T. Jones‚ Timothy J. Tyler & Richard D. Deutsch∗∗ Valuing future income streams from the production of oil and gas is a welldeveloped discipline within the industry and among sophisticated investors. Valuations drive companies’ investment decisions and market transactions every day. In the context of resolving disputes‚ especially international ones‚ arbitral tribunals are
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us‚ eyes will light up as we enter‚ voices will celebrate with us whenever we come into our own power…” Radio is a dramatic and uplifting movie that is based on the true life story of James Robert Kennedy (aka Radio)‚ a mentally retarded African-American‚ who spends his days pushing a shopping cart around the streets of Anderson‚ a sleepy town in South Carolina‚ collecting junk and old radios. It features an emotional story
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FUND FLOW ANALYSIS Every business concern‚ at the end of its financial period‚ prepares Income Statements and Balance Sheet. Income Statements show the net result‚ Net Profit‚ of the business operations and contains various expenses incurred and losses and revenue earned during that period. Balance Sheet gives a summary of assets and liabilities as on a particular date and shows the financial position of the business. The liabilities side of a balance sheet shows the sources from where funds
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guidance. In the Twenty-One Pilots music video “Car Radio” the loss of music has a huge impact one’s life; without music one becomes weaker when facing problems and becomes confused‚ because there is no longer a guide as to how to deal with the difficulties of life. As the music video begins‚ the main character is in a depressing looking bathroom shaving his hair off‚ in preparation to put on the symbolic ski mask. He is doing this because of the unexpected loss of his car radio‚ which was a form
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Cash & Cash Equivalents Introduction: Cash & cash equivalents may constitute a significant proportion of the total assets of an entity. It is the most liquid asset found within the asset category of a company ’s balance sheet. It is an important criterion to evaluate the liquidity and the short term solvency of a business venture. Liquidity and short term solvency means the ability of the business to pay its short term liabilities. Inability to pay-off short term liabilities affects its credibility
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Radio‚ Film analysis The dramatic and uplifting movie “Radio” starring Cuba Gooding JR. and Ed Harris‚ is based on the true life story of James Robert Kennedy‚ a k a Radio; a mentally retarded young African-American who spends his days pushing a shopping cart around the streets of Anderson‚ a small South Carolina town‚ collecting junk and old radios. The movie starts with the heartbreaking scene of Radio pushing his cart around the town‚ in his own little world; people are ignoring him‚ and a
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analyse the cash flow problems a business might experience D1: justify actions a business might take when experiencing cash flow problems 1.0 Introduction In this assignment I will be analysing that a business might experience if their sales figures turn out to be lower than the ones that they have expected or predicted. 1.1 problems of cash flow forecast Problem 1 Cash flow forecasts are something really important for a business and something that is a part of a business plan. A cash flow forecast
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Radio Movie Analysis Autism is generally accepted that it is caused by abnormalities in the brain structure or function. In many families‚ there appears to be a pattern of autism or related disabilities supporting the theory that autism has a genetic basis. Some of the characteristics of an autistic child are‚ does not babble or coo by 12 months‚ does not gesture or say a single word much less can speak two word phrases by 12-24 months of age as the child grows he or she may have difficulties
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I chose the song “Car Radio” by Twenty One Pilots because it is very poetic and notes the fragility of human existence. My choosing of the song also came from its popularity and ability to resonant with a crowd. I practiced by memorizing the song‚ timing myself‚ trying varying tempo and pitch. I also practiced with varying levels of chattel going on from working over the sound of the television and the cacophony of hammers from the work that was going on outside my house. When I woke up on the
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