Lecture 7 – Tutorial Questions Tutorial List: 7-1‚ 7-2‚ 7-3‚ 7-4‚ 7-5‚ 7-6‚ 7-7‚ 7-8‚ 7-9 7.1. Kristen Hope asks your help concerning an NSF check. Explain to Kristen (a) what an NSF check is‚ (b) how it is treated in a bank reconciliation‚ and (c) whether it will require an adjusting entry. 7.2. The bank portion of the bank reconciliation for Brasilia Company at October 31‚ 20X1 was as follows. BRASILIA COMPANY Bank Reconciliation
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Experiment 3: Oscillators and timers Introduction The NE555 chip which operates at 5v‚ utilizes two comparators for temperature stability. This chip is capable of producing oscillations. It is made up of 8 pins and its oscillation mode is controlled by two resistors and a capacitor. Each pin is set to perform a function. Pin 1 serves as ground. Pin 2 is the trigger - the input to the lower comparator which sets the latch that causes output to go high. Pin 3 serves as the output.
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Accounting Tutorial Question Topic 2 Week 5 Question 1 Encik Abbul has a sundry shop business registered under the name of Prudential Enterprises. The following is the summarised version of the bad debts‚ doubtful debts and the A/Receivables accounts of his business start in 2011. (The accounting period of the business is similar to the normal calendar year) Year | Account Receivables | Bad debts already written off during the year | Allowance for doubtful debts (percentage of outstanding
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Due Process Violations Central American families encounter overwhelming obstacles to due process in detention; for example‚ the process of expedited removal places families who are eligible for asylum at risk of deportation. Although refugees in removal proceedings have the right to legal aid‚ nearly 40% of all detention facilities are located 60 miles or from a metro area (Human Rights First‚ 2011). Because its difficult to access legal services‚ roughly 84% of women and children face their removal
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2011‚ the Accounting Standards Review Board (ASRB) ceases to exist in New Zealand. 1. What is the ASRB to be replaced with‚ and what will be the statutory authority of this new organisation? The current authoritative accounting board is Accounting Standard Reporting Board (ASRB). This board reviews and approves financial reporting standards and their amendments‚ give directions as to authoritative support of accounting policies and encourage development of financial reporting standards. This
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IFRS – One World One Accounting Introduction to IFRS Currently‚ more than 100 countries requires or adopt IFRS and it is expected that by 2012‚ more than 150 countries will adopt IFRS. India has also taken the step towards convergence of Indian Accounting Standards with IFRS. This article details the need for harmonization of local GAAP with IFRS‚ challenges for Corporate India etc. 1. Importance of Accounting Standards 2. Accounting Standards Across the world 3. Need of Harmonization
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Abstract Due process is an American citizen’s right to fair treatment in the judicial system of the United States. Within the Amendments in the Bill of Rights‚ the American people are guaranteed the right to due process as established in the Fifth Amendment‚ and this right is extended through our state laws in the Fourteenth Amendment. Due process can be broken down into two subcategories: substantive due process and procedural due process. Substantive due process outlines an individual’s protection
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Principle Eight: Due Process In simplest terms‚ when a school terminates an employee‚ he or she should know the charges against them. In reality‚ the laws and guidelines surrounding the termination process is more complex. The process involves documentation‚ timelines‚ and hearings. Additionally‚ not all employees even qualify for due process. Idaho statute calls for three categories of certified teachers. • Category I employees are certified employees with one year contracts. No further notification
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Act. The following Forest Conservation Activities are supported by the Fund: * Establishment‚ restoration‚ protection and maintenance of protected areas including Parks and reserves. * Development and implementation of scientifically sound systems of natural resources Management‚ including land and ecosystem management practices. * Training programmes to increase the scientific‚ technical and managerial capacities of individuals and organizations involved in conservation efforts. *
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1. | Question : | Li Retailing reported the following items for the current year: Sales = $3‚000‚000; Cost of Goods Sold = $1‚500‚000; Depreciation Expense = $170‚000; Administrative Expenses = $150‚000; Interest Expense = $30‚000; Marketing Expenses = $80‚000; and Taxes = $300‚000; Li’s operating profit margin is equal to | | | Student Answer: | | 25.67% | | | | 35.67% | | | | 36.67% | | | | 50.00% | | Instructor Explanation: | Operating Profit Margin = EBIT/Sales
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