Coursework BBM – Financial Accounting (FIN 2241) SHARIFUDDIN HAZIQ BIN ABDUL AZIZ SCM 022587 Ms. Janice Contents No. | Title | Pages | 1 | Executive summary | 2 | 2 | Question 1 | Introduction | 3 | | | Sole Proprietorship | 4 | | | Partnership | 5 | | | Limited Liabilities Company | 6 | | | Accounting | 7 | | | Benefits of accounting | 7-9 | 3 | Question
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Berhad which is listed on the main board of the Bursa Kuala Lumpur. Apollo Food Holdings Berhad is a Malaysia-based company engaged in investment holding and provision of management services. Its own subsidiaries are Apollo Food Industries (M) Sdn Bhd‚ which is engaged in manufacturing and trading in many compound such as chocolates‚ chocolate confectionery products and cakes. The company is manufacturing and selling its products in Malaysia and other countries. Besides‚ our group had done a good researching
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1. Proli Footwear’s management refuses to accrue the accounts receivable loss related to the bankruptcy of Moccasins For All. 2. The bank is expected to withdraw its financing because: a. The Company has projections that indicate continued decrease in earnings and reduced revenues; OR b. The Company has violated certain loan covenants that the bank will not waive. 3. The auditors want to emphasize‚ in their opinion‚ the facts related to the fire that occurred in January. On January 1‚ 2015
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BUILDING RECORDS APPRAISAL SYSTEMS MANAGING PUBLIC SECTOR RECORDS A STUDY PROGRAMME General Editor‚ Michael Roper; Managing Editor‚ Laura Millar BUILDING RECORDS APPRAISAL SYSTEMS INTERNATIONAL RECORDS INTERNATIONAL MANAGEMENT TRUST COUNCIL ON ARCHIVES MANAGING PUBLIC SECTOR RECORDS: A STUDY PROGRAMME Building Records Appraisal Systems © International Records Management Trust‚ 1999. Reproduction in whole or in part‚ without the express written permission of the International Records Management
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APPLE Company bought equipment at the price of RM 10‚000 and after few months‚ the equipment is then estimated to drop in value. The cost of the purchase RM 10 000 would be recorded in the financial report because there is official receipt and documents supporting the value of the equipment. If the accountant want to estimate the lose in value of the equipment‚ the accountant should use the concept of depreciation. The monetary concept is a concept that money would be only measured and record in a
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Financial Analysis Randall Meeks Financial Accounting Concepts Mr. Carraher 9-12-2010 PepsiCo‚ Inc. and The Coca Cola Company have both been in production for ages. Both PepsiCo‚ Inc. and The Coca Cola Company have become common house hold names through out the world today. Pepsi is one of the best selling products in American history. “Pepsi is the number 2 soft drink company producer‚ the world over. Pepsi’s number one priority is making sure that their shareholders investments are
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1) Report about different careers: A. GOVERNMENT ACCOUNTANT A government accountant helps the federal government‚ as well as state and local agencies - record and prepares financial reports in accordance with government accounting principles and professional standards. An accounting specialist also aids federal authorities in evaluating budget data‚ estimating revenue and expense levels‚ and adjusting social programs. Based on theories: Advantages: * Challenging
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Objective 01-07 Understand cost classifications used in making decisions differential costs opportunity costs and sunk costs.Topic Cost Classifications for Decision Making 2.Selena Company has two products A and B. The company uses activity-based costing. The estimated total cost and expected activity for each of the companys three activity cost pools are as followsThe activity rate under the activity-based costing system for Supporting Customers is closest toA.46.33B.21.67C.65.00D.18.53 Activity rate
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Department of Accounting and Finance BA (Hons) Accounting BSc (Hons) International Finance BSc (Hons) Accounting and Finance Financial Accounting 2 (AAF005-2) Referral Assessment 1 Academic Year 2012-13 Miryam Ghoitom Student ID: 112368 Contents Page * Introduction and Background * Cash basis accounting * Accrual basis accounting * Financial reporting * Conclusions‚ recommendations‚ or implications for the future. * References * Introduction * Cash Accounting vs Accrual
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15.515: Financial Accounting Fall 2012 Problem Set 2 Question 1. Understanding Walmart’s financial statements In this homework we will ask you a series of questions related to revenue recognition based on Wal-Mart 2012’s Annual Report (posted on Stellar ~/Materials/Financial statements used / discussed in class). The goal is to become familiar with real financial statements. 1. How much net sales did Walmart generate for the fiscal period ending on January 31‚ 2012? $443‚854M
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