Sample Balance Sheet: Example Company Balance Sheet December 31‚ 2011 ASSETS | | | LIABILITIES | Current assets | | | Current liabilities | | | Cash | $ 2‚100 | | | Notes payable | $ 5‚000 | | Petty cash | 100 | | | Accounts payable | 35‚900 | | Temporary investments | 10‚000 | | | Wages payable | 8‚500 | | Accounts receivable - net | 40‚500 | | | Interest payable | 2‚900 | | Inventory | 31‚000 | | | Taxes payable | 6‚100 | | Supplies | 3‚800
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COST SHEET There is no prescribed format of a Cost sheet. It may change from industry to industry. A specimen format of a Cost Sheet is given as under: Particulars Total (Rs.) A. Direct Materials Consumed : Purchases .............. Add : Opening Stock of Raw material .............. Expenses on Purchases .............. Less : Closing Stock of Raw Material .............. Direct
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Data Sheet of Samples: Data Sheet of Samples: Samples: | Age: | Height: | Length of Right Foot: | 1. Aban‚ Christine Joy | 14 | 163 | 23 | 2. Abne‚ Aecy Marie | 14 | 151 | 24 | 3. Alban‚ Nina Marie | 15 | 172 | 39 | 4. Alticen‚ Joseph Daniel | 14 | 162 | 19 | 5. Aguilon‚ Jazmin Faith | 14 | 153 | 21 | 6. Andrey‚ Kyla Marie | 13 | 153 | 16 | 7. Andot‚ Merry Chris | 14 | 151 | 22 | 8. Ang‚ Aileen Elizabeth | 15 | 157 | 24 | 9. Balanguit‚ Christianne | 14 | 152 | 22 | 10. Belen
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Write-offs | Bad debt expense | Ending balance Accounts Receivable Beginning balance | Write-offs Net Sales | Cash collections Ending balance | (3) Consolidated Balance Sheet ASSETS Current Assets Cash and cash equivalents Short-term investments Inventories Supplies Accounts receivable Less: Allowance for doubtful account Short-term notes receivable Prepaid expenses Total current assets Properties‚ plants &
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A balance sheet is a statement businesses produce that outlines their assets and liabilities. It is a snapshot of their fixed assets‚ current assets‚ current liabilities and long term liabilities for a specific moment in time such as the end of a financial year. Using these figures‚ a business is able to calculate their net working capital; how much the business is worth‚ whether it can afford to expand and if it is a good venture for investors. There are different groups of people who are interested
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The four players in the money supply process include Choose one answer. a. banks‚ depositors‚ borrowers‚ and the U.S. Treasury. b. banks‚ borrowers‚ the central bank‚ and the U.S. Treasury. c. banks‚ depositors‚ the central bank‚ and borrowers. d. banks‚ depositors‚ the central bank‚ and the U.S. Treasury. Correct Marks for this submission: 1/1. Question 2 Marks: 1 If a bank has excess reserves of $10‚000 and demand deposit liabilities of $80‚000‚ and if the reserve requirement
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M06_MARI6128_10_SE_CH06.QXD 1/19/11 11:56 AM Page 85 Karlie Sowder Feb. 20 2013 LAB TIME/DATE ________________________ NAME_________________________________ R E V I E W S H E E T EXERCISE 6 Classification of Tissues Tissue Structure and Function—General Review A group of cells working together to perform a common function. They form together to make up organs 1. Define tissue. _______________________________________________________________________________________ _
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Summary Purposes of the Balance Sheet 1. A balance sheet‚ or statement of financial position‚ summarizes the financial position of a company at a particular date by reporting the economic resources (assets)‚ the economic obligations (liabilities)‚ and equity. It reports a company’s resource structure (major classes and amounts of assets) and its financial structure (major classes and amounts of liabilities and equity). It is a detailed explanation of the basic accounting equation: Assets =
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Checkpoint for sylesheets. Checkpoint CSS Description Lonnie Jackson IT/237 Adam Moore There are three types of cascading style sheets‚ or CSS. The first is the inline style sheet‚ it is limited in it’s abilities. The most common reference would be tag editing‚ this is a specified modification. This allows for different display options for sections in your pages. This isn’t the easiest thing to use‚ I have had trouble getting
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remaining errors are mine. 1. INTRODUCTION When I was invited to present at this conference I was asked to address the question: “What has the invisible hand achieved (in financial reporting).” This is a rather broad question and an impossible one to answer using the evidence in the empirical accounting literature in capital markets alone. Accounting is only one mechanism in financial reporting and corporate governance and it evolved to fit in with other mechanisms‚ to be part of a general reporting
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