Journal Entries Example Company A was incorporated on January 1‚ 2010 with an initial capital of 5‚000 shares of common stock having $20 par value. During the first month of its operations‚ the company engaged in following transactions: Date Transaction Jan 2 An amount of $36‚000 was paid as advance rent for three months. Jan 3 Paid $60‚000 cash on the purchase of equipment costing $80‚000. The remaining amount was recognized as a one year note payable with interest rate of 9%. Jan 4 Purchased office
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-Starbucks Corporation and the use of “Off-Balance Sheet” Financing Starbucks Corporation‚ founded in 1985 in Seattle‚ Washington‚ purchases‚ roasts and sells whole bean coffees at retail locations worldwide. Starbuck’s in-store products include brewed coffees‚ espresso beverages‚ blended beverages‚ complimentary food items‚ teas and brewing equipment. At the end of 2009‚ Starbucks operated through 7‚ 803 retail locations in 49 countries (Annual Report 4). In recent years‚ Starbucks’s stock
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Koyaanisqatsi‚ meaning "Life Out of Balance‚" is a 1983 documentary that shows how humans have separated and isolated themselves from Earth’s natural environment. With no actors‚ no plot‚ and no script‚ the film works by showing different real life shots of North America’s natural enhancements. The music and images highlight the importance of understanding the connection we have with nature. If watching a movie of the before and after of our human nature‚ the positive energy that watching nature
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The Constitution nowhere contains an express injunction to preserve the boundaries of the three broad powers it grants‚ nor does it expressly enjoin maintenance of a system of checks and balances. Yet‚ it does grant to three separate branches the powers to legislate‚ to execute‚ and to adjudicate‚ and it provides throughout the document the means by which each of the branches could resist the blandishments and incursions of the others. The Framers drew up our basic charter against a background rich
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Procedure: The Centigram Balance: Direct Weighing 1. Weigh a slug on a centigram balance using the direct-weighing technique: Obtain a centigram balance from the Balances option under the Equipment menu. Select the centigram balance and add one slug from the Chemicals dialog box. Record the slug mass in the Observations. 2. Weigh the same slug directly on another centigram balance: Obtain a second centigram balance from the Balances option under the Equipment menu and place it under the
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your American dream and you can be doing that one day. Follow your dream will get you farther in life‚ than if you follow your friends‚ which might not even go anywhere in life. The harder you work the more successful you’ll become in life‚ the more money you will have. First of all your American Dream shouldn’t be something that’s really easy to gain. The more work you put into a dream or a goal the better your dream or goal is going to turn out. “Regardless of party affiliation‚ Americans do strongly
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Endoplasmic Reticulum (a) What is mixed cropping? (b) Write any two advantages of mixed cropping. 11. 12. 13. 14. [3] 15. The velocity time graph of a ball of mass 20 g moving along a straight line on a level ground is given below. How much force does the ground exert on the ball to bring it to rest? [3] 16. (a) A car accelerates uniformly from 18 kmh-1 to 36 kmh-1 in 5s. Calculate: (i) acceleration (ii) distance covered by the car in that time. [3] (b) The length of minute
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price of $ 32.50‚ this option may not be ideal. But the need for funds is so crucial at this stage of business that such costs can be ignored. Company is also considering producing a TV cooking show. Feasibility analysis of this project has very convincing reasons to approve the project i.e. IRR is 41 %. Another source of finance and business expansion for the company is the acquisition of a business of comparable size. Debra is very seriously considering acquiring “High Country Seasonings” but she
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ChE 101 Lab Exercise 4 05 December 2012 Materials Balance (Non-reacting Systems) THR/WRU 1. A 40-mol-% aqueous ethanol solution is to be distilled into two streams: a distillate with 98% ethanol and a side stream with 60%. 98% of the alcohol in the feed is to be recovered in these two products; only 2% goes into the bottoms. If the bottoms product contains 2% ethanol‚ calculate the amount of the different streams per 1000 kmol of feed stream. Given: Recovery = 98% of ethanol in
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liabilities of $4‚500‚000. There were no other differences between book and fair values. During 2010‚ Bike reported net income of $500‚000. For 2011‚ Bike reported net income of $800‚000. Dividends of $300‚000 were paid in each of these two years. 49. How much income did Harley report from Bike for 2010? A. $120‚000. B. $200‚000. C. $300‚000. D. $320‚000. E. $500‚000. 26. Under the equity method‚ when the company’s share of cumulative losses equals its investment and the company has no obligation
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