QUIZ CHAPTER 3 ACTG 500 BE 161 Prepare adjusting entries for the following transactions. Omit explanations. 1. Depreciation on equipment is $800 for the accounting period. 2. There was no beginning balance of supplies and purchased $500 of office supplies during the period. At the end of the period $80 of supplies were on hand. 3. Prepaid rent had a $1‚000 normal balance prior to adjustment. By year end $600 was unexpired. Solution 161 |1 |Depreciation Expense
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Kyle Jarman Group B Topic 4: Adjusting Entries What are the 4 different Adjusting Entries?: Adjusting entries are classified as either deferrals or accruals. Each class has two subcategories: Prepaid Expenses‚ Unearned Revenues‚ Accrued Revenues and Accrued Expenses. What accounting assumptions necessitate the use of adjusting entries?: Some events are not recorded daily because it is not efficient to do so. Some costs are not recorded during the accounting period because they expire
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Advantages and Disadvantages of Mobile Phones Introduction With the rapid development of IT and information industry‚ mobile phones play a dominant role in towns people’s lives. This essay then goes on to discuss both the advantages and disadvantages of mobile phones. Body First of all‚ mobile phones are useful and convenient to human beings. People can communicate with others in an easier way than people did in the old days. In the past‚ without mobile phones‚ communications were too difficult
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China Mobile Case Discussion Questions 1. Why did China Mobile feel it was necessary to issue equity in markets outside of its home base in Hong Kong? What are the advantages of such a move? 2. Why did China Mobile price the bond issue in U.S. dollars instead of Hong Kong dollars? 3. Can you see any downside to China Mobile’s international equity and bond issue? Answers 1. Maybe it’s because China Mobile wanted to take advantage of international exchange rates. Since the
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on technology that they have unknowingly become the slaves of technology. It has also helped to create convenience to the people. To date‚ many people are using their mobile phone as their personal digital assistant‚ one example is Smartphone. Smartphone is a combination of mobile phones and personal digital assistant. As a mobile phone‚ it can be used to make phone calls‚ update contact list‚ personal calendar and task list. With technology enhancements‚ its role as a personal digital assistant
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Fortune 500 enterprises will open an API Fundamo Mobile Wallet The Fundamo Mobile Wallet is a complete ’standalone’ banking solution with a fully functional and secure account which the customer can use to make convenient and secure payments‚ amongst other things‚ from their mobile phone. It offers transformational banking and is typically delivered by the Mobile Network Operators and Financial Services Organisations wanting to address new market segments with a differentiated offering. With functionality
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banking. Results show that offline trust influences all four online perceptions‚ just as proposed. These effects were especially prominent among respondents new to online banking. Thus‚ offline-to-online transfer should be considered when designing strategies for online channels. This study fills a key research gap by examining transfer of cognitive beliefs from an offline to an online setting. Index Terms—Cognitive overhead‚ coherence‚ extent of use‚ flow‚ marketing channel‚ online banking‚ online trust
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Other Telephones - Other The advantages and disadvantages of owning a mobile phone By: Wayne Leon Learmond • Published: December 5‚ 2013 Long gone are the days when people would search around desperately for loose change in order to use the public phone box. Long gone are the days of standing in queues in all weathers in order to wait for that all-important phone call - if one did not have a land-line phone at home. Mobile phones have freed us from all of the inconveniences of the way we
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In The Entry into Jerusalem‚ the biblical narrative of Zacheus displays the theme of equality in the ministry of Jesus Christ. The dramatists portray the socially-constructed hierarchies that reflect economic and physical stature as irrelevant to religious doctrine. Regardless of the characters’ social status in the Jewish community‚ Christ perceives all of the citizens as equal to their peers and inferior to the sovereignty of God. The dramatists characterize Zacheus as a citizen who is vulnerable
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Mobile Applications Mobile applications have changed the way the world functions. First it started with the IPhone‚ opening the market for mobile applications. Then Android broke though into the world‚ offering the developing options and root users. These options allow us to change the look and feel of our smart phones. In this paper we are going to talk about a few different mobile applications and how they changes how we communicate‚ how we balance our budget‚ and how we get though the world
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