2-1 BU8101 Accounting: A User Perspective Lecture 2 The Accounting Cycle Wednesday‚ 17 August 2011 Mrs. Ho Yin Kheng S3-01C-88 Nanyang Business School Nanyang Technological University Email: yklau@ntu.edu.sg Tel: 67905694 2-2 LO 2 Lecture Outline 1. Analyzing Business Transactions 2. Recording Process a. b. c. d. e. f. The Source Document The journal The accounts Debit and Credit rule Recording process illustrated Unadjusted trial balance 3. Adjusting entries
Premium Balance sheet Double-entry bookkeeping system Generally Accepted Accounting Principles
Nitrogen cycle A simple and complete diagram of the nitrogen cycle. The blue boxes represent stores of nitrogen‚ the green writing is for processes that occur to move the nitrogen from one place to another and the red writing are all the bacteria involved. The nitrogen cycle is the process by which nitrogen is converted between its various chemical forms. This transformation can be carried out through both biological and physical processes. Important processes in the nitrogen cycle include fixation
Premium Nitrogen Oxygen
company either suffers or benefits depending on what kind of economy it is. This will depend on what kind of company it is‚ and what kind of market the business does well in. The Business Cycle is what determines this factor. It is a term used in economics to designate changes in the economy. Timing of the business cycle is not predictable‚ but its phases seem to be. Many economists site four phasesprosperity‚ liquidation‚ depression‚ and recovery. During a period of prosperity‚ a rise in production
Premium Unemployment Monetary policy Business cycle
Analysis Questions: Cycles of Matter 1. Explain the role of decomposing bacteria in the carbon and nitrogen cycles. In the carbon cycle‚ decomposing bacteria release carbon from the decaying bodies or waste into the atmosphere. Without them‚ it won’t be able for any organism to access the carbon stored in dead bodies. In the nitrogen cycle‚ decomposing bacteria breaks down animal waste‚ which creates ammonia and nitrate products rich in nitrogen. Although no animals or plants cannot directly
Premium Oxygen Photosynthesis Nitrogen
TEST OF CONTROLS – REVENUE TRANSACTIONS |Audit Objective |Audit procedure |Findings | |General | | | |Validity |Observe
Premium Invoice Accounts receivable General ledger
help of a doctor. Here‚ five little-known causes of sleep problems and what to do about them. 1. Light How it disrupts sleep: You probably already know that when you stay up late under bright lights‚ you interrupt your body’s natural sleep-wake cycle‚ because light tricks your brain into remaining in daylight mode. Less well known is that the light from computer screens and iPads shining directly into your eyes at close range is especially troublesome. Why? Part of the problem is that the light
Premium Sleep
Cardiac Cycle The cardiac cycle describes the coordinated and rhythmic series of muscular contractions associated with the normal heart beat. The cardiac cycle can be subdivided into two major phases‚ the systolic phase and the diastolic phase. Systole occurs when the ventricles of the heart contract. Accordingly‚ systole results in the highest pressures within the systemic and pulmonary circulatory systems. Diastole is the period between ventricular contractions when the right and left ventricles
Premium Heart
rock cycle operates. How do rocks metamorphose at destructive plate boundary? Rock cycle is a cycle that describes how rocks are transformed. Igneous rock can change into sedimentary rock or metamorphic rock. Sedimentary rock can change into metamorphic rock or into igneous rock. Metamorphic rock can change into igneous or sedimentary rock. Besides‚ metamorphism at the destructive plate boundaries creates different characteristics of rocks. Operation of the rock cycle The Rock Cycle
Premium Sedimentary rock Igneous rock Rock
rotational speed discrepancies‚ and increased overall weight. In order to offset the drawbacks of efficiency loss‚ the team added value to the design by creatively using hydraulic components in various configurations. Requirement For Hydraulic Cycle Hydraulic Pump Hydraulic Gear Motor Hydraulic Fluid Hydraulic Hose Tank Frame Seat Wheels Tires Tire Tubes Disc Brakes Smooth Elbow Hydraulic Fittings Flow Control Valve Check Valve Accumulator
Premium Gear Bicycle Hydraulics
The Nitrogen Cycle Nitrogen fixation Atmospheric nitrogen must be processed‚ or "fixed" to be used by plants. Some fixation occurs in lightning strikes‚ but most fixation is done by free-living or symbiotic bacteria. These bacteria have an enzyme that combines gaseous nitrogen with hydrogen to produce ammonia‚ which is then further converted by the bacteria to make their own organic compounds. Conversion of N2 The conversion of nitrogen (N2) from the atmosphere into a form readily available
Premium Nitrogen Ammonia