ACC 380 – Accounting for Not-For-Profit For the final project in ACC380 Accounting for Not-For-Profit‚ we were asked to prepare a Statement of Activities‚ a Statement of Unrestricted Revenues‚ Expenses‚ and Other Changes in Unrestricted Net Assets along with a Statement of Changes in Net Assets for Lee College which is a private not-for-profit college. In addition to the financial statements‚ we were also asked to explain the process that was used to prepare the financial statements
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The accounting equation is‚ Assets are equal to Liabilities plus Stockholders’ Equity. Assets are resources owned by a business. Liabilities are the debts and obligations of the business. Liabilities represent claims of creditors on the assets of a business. Stockholders’ equity represents the claims of owners on the assets of the business. This equity is divided into two parts: common stock and retained earnings. The balance sheet reports assets and claims to assets at one specific point in time
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among those entered for the flights taken on September 1‚ 2010: Member # | Flight DateMM/DD/YY | Plane Used | Takeoff time | Landing time | 1234 | 09/10/10 | G | 6:25 | 8:46 | 4111 | 09/01/10 | C | 8:49 | 10:23 | 1210 | 09/01/10 | P | 3:42 | 5:42 | 0023 | 09/01/10 | X | 1:59 | 12:43 | 012A | 09/01/10 | P | 12:29 | 15:32 | 0999 | 09/01/10 | L | 15:31 | 13:45 | Valid plane codes (plane used column): C = Cessna‚ G = glider‚ L = Lear Jet‚ P = Piper Cub) a. Identify and describe any
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Index 1 Introduction to segmental reporting 2 2 Origin of segmental reporting 2 2.1 The fineness-theorem 2 2.2 Market efficiency theory 2 2.3 Agency theory 2 2.4 Accounting theory 3 3 The most important segmental reporting standards 3 3.1 International Accounting Standard 14 (IAS 14) 3 3.1.1 The International Accounting Standards Committee 3 3.1.2 The International Accounting Standards Board 4 3.1.3 IAS 14: Segment reporting 4 3.1.3.1 Objective of IAS 14 (revised) 4 3.1.3.2 Applicability
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Problems 5-1 through 5-2 (Graded) 5-1 Earned Value Calculation You are 4 months into a 6 month project. The project is linear‚ which means that the progress and spending occurs at a constant rate. Our crack project team of highly skilled associates has worked diligently and put in extra hours to keep the project going. Our accounting department has provided the following data at the end of month 4: Actual cost to date = $88‚800 Planned expenditures to date = $101‚000 The CFO is excited
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PT1420 - Unit 5 Homework and Lab Assignment Unit 5 Assignment 1: Homework 1.) Design an if-then statement that assigns 20 to the variable y and assigns 40 to the variable z if the variable x is greater than 100. (Simple if statement) If x > 100 then Y=20 Z=40 End if 2.) Design an if-then statement that assigns 0 to the variable b and assigns 1 to the variable c if variable a is less than 10. (Simple if statement) 3.) Design an if-then-else statement that assigns 0 to variable
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ACC 291 WileyPLUS Week 2 Assignment Questions 1-6 Exercise E8-3 Exercise BE9-13 Exercise Do It! 9-4 Exercise E9-9 Exercise E9-10 Problem P9-5A University of Phoenix Question 1 | | The ledger of Hixson Company at the end of the current year shows Accounts Receivable $120‚000‚ Sales $840‚000‚ and Sales Returns and Allowances $30‚000. If Hixson uses the direct write-off method to account for uncollectible accounts‚ journalize the adjusting entry at December 31‚ assuming Hixson
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Section 5 Study Questions (9.0 points) Answer each question fully. Complete sentences are not necessary. Lesson 1 (3.0 points) 1. What is credit? (0.5 points) Credit is borrowed money that you can use to purchase things you need when you need them and then repay the funds back at an agreed on time 2. What is a credit score? (0.5 points) A credit score is a number based on a level analysis of a person’s credit files‚ to represent the creditworthiness of that person
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1. Some Various forms of power include coercive‚ compliance gaining‚ expert‚ and reward power (Interpersonal Communication: Relating to others pg. 229-230). The kind of power that Coach Johnson has on his team very to comply with coach Johnson’s goals like going to the championships. 2. The turning point was when Gilbert decided to go talk to Coach Johnson because from there and on Coach Johnson yelled at gilbert had a bad conversation. Yes I think it was the same turning point for Coach Johnson
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2008) This is where SEA reporting plays a role in governmental accounting. The SEA report is an external report aside from the annual comprehensive financial report which ensures that the result of programs and services is communicated effectively to any interested parties. Those interested parties could include elected officials‚ legislative staff‚ citizens‚ and the media. GASB began seeing the importance of SEA reporting as early as its initiation in 1984. SEA reporting at the state and local
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