purchase price in a lump sum acquisition of different assets is based on all of these‚ except A. Book values of the assets to the seller B. Relative market values C. Tax assessment values D. Appraisal values 3. When bonds are issued between interest payment dates‚ any accrued interest received is usually credited to A. Interest expense B. Interest income C. Interest receivable D. Bond premium 4. An airline should recognize revenue from an airline ticket in the period in
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DIFFERENCES: 1. A musical have more dancing than opera. Opera rarely needs to dance. 2. A musical is almost always performed in the language of its audience‚ while opera is no words to be speak in the performance of an opera. 3. An opera is drama set to music. In an opera‚ the moods‚ emotions and feelings are heightened. It combined vocal music which includes solos‚ ensembles and chorus and instrumental music which is played by the orchestra with costumes‚ stage action and scenic effects. However
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Financial Accounting and Reporting Case: America Online 1. What accounting approach has AOL used in the past that it is now changing (related to the $385 million)? AOL‚ prior to October 1‚ 1996‚ recorded the expenditure related to subscribers acquisitions as an asset and amortized monthly over a period < 24 months. This was a strongly criticized approach. Furthermore‚ the accounting approach in the article is considered aggressive. In October 1996‚ they discontinued capitalizing customer acquisition
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its own crises. Each therefore demands its own narrative…” (Stearns‚ 1947). This excerpt was taken from a book about the European revolutions of 1848‚ but could have easily been talking about the recent Arab Spring in 2011. The striking parallels between the two uprisings are remarkable. In 1848‚ revolutionary zeal erupted across continental Europe. The waves of revolution were set in motion in France and then it did not take long before the rest of Europe was hit by a storm of revolts. Like a domino
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Similarities Between Charlotte Gilman ’s "The Yellow Wallpaper" and Jean Rhys ’s Wide Sargasso Sea. Charlotte Gilman ’s "The Yellow Wallpaper" and Jean Rhys ’s Wide Sargasso Sea are stories about women ’s tragic lives in the late nineteenth and mid twentieth centuries. These two stories contain many similarities. In the novel Wide Sargasso Sea‚ the main character Rochester drives his wife to insanity. Similarly‚ in the short story "The Yellow Wallpaper"‚ John drives his wife insane. In addition
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1-1 Chapter 1 An Introduction to Managerial Accounting and Cost Concepts Introduction to Managerial Accounting MSc. Mohammad Hicham Khalil Objectives 1. Comparison of Financial and Managerial 2. 3. 4. 5. 6. 7. 8. Accounting. General Cost Classifications. Product Cost versus Period Cost. Cost Classifications on Financial Statements. Cost Classifications for Predicting Cost Behavior. Cost Classification for Assigning Costs to Cost Objectives. Cost Classification for Decision Making
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Business Administration- MBA Semester 1 MB0041 – Financial And Management Accounting - 4 Credits (Book ID: B1624) Assignment Set - 1 (60 Marks) Note: Each question carries 10 Marks. Answer all the questions. 1. Explain the process involved in accounting. 2. The salaries paid in 2004 is Rs. 5‚00‚000; Salaries outstanding is Rs. 20‚000; Salaries paid in advance for 2004 is Rs. 30‚000. What is the actual salary expenditure for 2004? Which accounting principle is involved in this and explain that
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Key Figures for the Exercises‚ Problems and Cases To Accompany Managerial Accounting Creating Value in a Dynamic Business Environment 9th Edition McGraw-Hill/Irwin 2011 by Ronald W. Hilton CHAPTER 1 No key figures. CHAPTER 2 E 2-24 Beginning inventory of finished goods‚ case I: $84‚000 E 2-25 1. Total compensation: $720 E 2-26 2. Total overtime premium: $20 E 2-29 2. Cost of goods sold: $820‚000 E 2-30 (f) $77‚000 (o) $110 E 2-31 2. Cost per call
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prior to what is known as the Constitution. The Articles of Confederation were ratified on March 1‚ 1781‚ and the Constitution was signed on September 17‚ 1787. The two documents were signed in years of one another; however‚ they share similarities as well as differences. Overview and Issues with The Articles of Confederation The first draft of The Articles of Confederation was composed by Benjamin Franklin; three additional drafts were created (History.com‚ 2009). The last version of it was created
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Differences and similarities | 1650 | 1776 | Religious aspects | In the north‚ church membership was key to be accepted into the colony. The church controlled the laws and was the most acknowledge in the colony. However‚ in the south‚ instead of the church member being the boss‚ land owners were the dominant party. These land owners were the wealthiest and had control over the laws. A marked difference between the different colonies was the religious aspect. This was because in these territories
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