Chapter 1: The Accounting Environment – What is Accounting and Why is it Done? Accounting is a system for gathering data about an entity’s economic activity‚ processing and organizing the data and in turn‚ communicating that information to people who want to use it to make decisions. Data are unprocessed facts about an entity’s economic activity that is entered into an accounting system whereas information results from organizing and presenting the data in ways that make it useful for decision
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Industrial and Commercial Bank of China 1. Why did BICBC feel it was necessary to issue equity in markets outside China? What are the advantages of such move? Can you see any disadvantages? * They feel it was necessary because they want to attain global equity. This is to win overseas corporations to invest in China Commercial Bank. 2. What was the attraction of the ICBC listing to foreign investors? What do you think are the risks for a foreigner associated with investing in ICBC
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198 Accounting Standard (AS) 14 (issued 1994) Accounting for Amalgamations Contents INTRODUCTION Definitions EXPLANATION Types of Amalgamations Methods of Accounting for Amalgamations The Pooling of Interests Method The Purchase Method Consideration Treatment of Reserves on Amalgamation Treatment of Goodwill Arising on Amalgamation Balance of Profit and Loss Account Treatment of Reserves Specified in A Scheme of Amalgamation Disclosure Amalgamation after the Balance Sheet Date ACCOUNTING STANDARD
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Final Project Apple Inc. (Apple)‚ an extremely successful and profitable American multinational corporation‚ was founded in the 1970s. As a technology company‚ it designs‚ manufactures‚ and markets personal computers‚ computer software‚ mobile phones‚ digital music players and sells related music software‚ and sells related product accessories. Furthermore‚ Apple’s distinguished and well profitable products and services include iPod‚ iPhone‚ Mac computers‚ Apple TV‚ Xserve‚ consumer and professional
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CHAPTER 7 Payroll Project L E A R N IN G O BJ E C T IV E S Chapter 7 consists of a simulation‚ or practice set‚ for payroll accounting. You will apply the knowledge acquired in this course to practical payroll situations. This simulation is a culmination of the information presented in the textbook. After completing this chapter‚ you should be able to: 1 2 3 4 5 6 Prepare payroll registers. Maintain employees’ earnings records. Journalize and post payroll and payroll tax entries. Complete
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This week I have read the next seven chapters‚chapter six to chapter twelve. All the stories attracted me a lot. I am about to talk something about them. To begin with‚I am willing to tell them main contents about the stores. As for this part‚it can be classified into two main stories. One is the stories about Joseph‚and another is the stories about Moses. Joseph‚the castaway‚a servant‚a prisoner‚a saint‚and the savior of his people. He played so many roles in this part. At first‚he was abandoned
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Managerial accounting chapter 13 garison Question 13-11 Project A Initial Cost = $15‚000 Life of the project = 10 years Annual net cash inflow = $4‚000 Salvage Value = $0 Required rate of return = 16% Item Years Amount of cash flow 16% factor Present Value of Cash flow Annual net cash flow 1 to 10 $4‚000 4.833 $19‚332 Intial Investment Now $15‚000 1 $15‚000 Net Present Value (a-b) $4‚332 Project B Initial
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we can view Installation Art‚ the term itself is not clearly defined. There are‚ however‚ different characteristics of it‚ and within this essay I will discuss the two most prevalent from my own point of view‚ and support my thoughts and opinions with examples from information we have encountered throughout this past semester. Although Installation Art has many qualities that it can be associated with‚ I believe that one which stands true above most is the fact that it Installation Art often casts
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SCHOOL OF ENGINEERING ELECTRICAL ENGINEERING DIVISION Electrical Installation Design (EID) Proposal On Residential Installation Design Introduction E-power is a company that specializes in residential installation design at incredibly fair and competitive prices. We complete every electrical installation or design service safely‚ on time and on budget and with over 20 years’ experience in thus industry‚ we know exactly how to install systems that will save you money as well as help the environment
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Chapter 12 Discussion Questions 1-5 Dan Yohe 1. Approximatley how far ahead would one need to plan for the following types of facilities? A. Restaurant-At least one to three nights in advance. You could go to the farmers market to get fresh vegetables but you may only be able to get staples/necessities once or twice a week. B. Hospital-I would say at least a week if not a month to be enough to take care of all the patients they might get. C. Oil refinery-An oil refinery I would
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