Question 1 a) Identify three accounts on the balance sheet of Sun Hung Kai that represent tangible assets? Fixed assets‚ Investment properties‚ Properties for sale. b) What are the differences among these accounts? Fixed assets: Known as a non-current asset or as property‚ plant‚ and equipment‚ is a term used in accounting for assets and property which cannot easily be converted into cash. This can be compared with current assets such as cash or bank accounts‚ which are described as liquid
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systems: debit/credit system‚ website‚ and accounts receivable system. The debit/credit system and the website are already automated while the accounts receivable system is currently manual. The debit/credit system records all the expenses of the company‚ may it be capitalization expense or daily operating expense. It also records the sales from the job orders. The website simply advertises the company’s sold units and shows the company site map. The accounts receivable system holds the schedule of
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101 The Man behind the Brand A Canadian native Dov Charney is a man who is so captivated by the American culture that he started his retail and wholesales company named American Apparel. His company is well known for its provocative and controversial advertising strategies. The sexually stimulating ads have been criticized‚ but have also been praised for their honesty and the fact that they do not airbrush their models in ads. His leadership skills‚ which he feels brings creativity are the source
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Enzymes are organic catalysts‚ usually proteins that speed up metabolic reactions. They lower the amount of energy needed for reactions to progress in cells. In enzymatic activity‚ the molecules at the beginning are called substrates. Lactose metabolism is when lactose is destroyed‚ maintained or produced. For instance‚ being lactose intolerance that’s where lactose is destroyed. Metal cofactors in enzyme activity are required to function properly. The Effect of Temperature on Enzymatic Activity:
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D2. Explain the importance of homeostasis in maintaining the healthy functioning of the body. Homeostasis is vital for the maintenance of healthy functioning of the body. It is important the body keeps to a narrow range of variables‚ and without it ‚ chemical reactions and metabolic processes within the body cannot be carried out properly‚ which can cause disease and complications. If the body cannot maintain its temperature‚ this can cause the person to overheat‚ resulting in hyperthermia. This
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BIOS256 Week 2 LAB EXERCISE Introduction to Chemical Digestion Directions: a. Click the Contents button. b. Open the Digestive System File. c. Click Animations. d. Click Introduction to Chemical Digestion. Introduction 1. Explain the function of chemical digestion. The function is to break down food‚ using enzymes and other digestive chemicals to reduce food into particle nutrients molecules that be absorbed and move it through the digestive tract. Digestive Chemicals
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Unit 5 Reading Guide Questions Which minerals are stored in bones? Triglycerides‚ calcium phosphate‚ and calcium hydroxide are all stored in the bones as mineral salts Which types of bones provides a large‚ flat surface area for muscle attachment? Flat bones such as the scapulae have large‚ flat surface area for muscle attachment. Describe the location‚ composition‚ and function of the epiphyseal plate. The epiphyseal plate is located in the metaphysis‚ and is composed of hyaline cartilage
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this topic. INTRODUCTION This internal assessment focuses on the impact of technology on accounting. Accounting is the systematic process of collecting‚ recording‚ classifying‚ analysing and communicating financial information. Traditionally‚ accounts were prepared manually using ledgers‚ cashbooks etc. However in recent years‚ technology has played an increasingly important role in accounting and has changed the accounting systems. This has brought with it solutions to previous problems associated
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ACCT 3512 Chart of Accounts Accounts & 4 Characteristics by 6 Acct Types: FS‚ Real vs. Nominal & Normal Acct Bal (NAB) mjm cpa 9/13 (Contra Accts) [Historical Cost Exceptions] (ACCT 3512 emphasized accts in italics) by Marco J. Malandra‚ CPA 1. ASSETS: BS‚ Real‚ Dr NAB‚ (Cr if contra) 3. SHs’ EQUITY: BS‚ Real‚ Cr NAB (Dr if contra) Current [generally]: IC accts: Preferred Stock [at Par Value] Cash (Money Orders‚Checks‚Checking‚ Savings‚ Petty) Additional-paid-in-capital
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Accounting Project SHAREHOLDER’S FUNDS Shareholders’ funds are the balance sheet value of the shareholders’ interest in a company. For company (as opposed to group) accounts it is simply all assets less all liabilities. For consolidated group accounts the value of minority interests should also be excluded. The addition of minority interests gives us “shareholders’ fund including minority interests”. A further adjustment gives us total equity. SHARE CAPITAL The capital collected by a joint
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