Objective 1. Determine the total considerations transferred. 2. The land and buildings should be recorded on the premise of “in-use” or “in-exchange”. 3. Determine the fair value recorded for the intangible assets. Applicable accounting pronouncement ASC 805-20-25 Business Combinations-Identifiable assets and liabilities and any non controlling interest-Recognition Recognition Conditions 25-2 To qualify for recognition as part of applying the acquisition method‚ the
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C and Data Structures Lab Manual Lab Manual Computer Engineering and Information Technology III Semester / ‘K’ Scheme Prepared By K.ManiRaj M.Sc.‚M.Phil.‚ & P.Vinitha M.Sc M.Phil Lecturer‚ Department of CE/IT‚ M.S.P.V.L Polytechnic College‚ Pavoorchatram. M.S.P.V.L Polytechnic College‚ Pavoorchatram Page 1 C and Data Structures Lab Manual 1A Celsius to Fahrenheit Conversion and vice versa Aim: To write a ‘C’ program to convert the given temperature in degree centigrade
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LAPTOP A laptop computer is a personal computer for mobile use. A laptop has most of the same components as a desktop computer‚ including a display‚ a keyboard‚ a pointing device such as a touchpad (also known as a track pad) and/or a pointing stick‚ and speakers into a single unit. A laptop is powered by mains electricity via an AC adapter‚ and can be used away from an outlet using a rechargeable battery. Laptops are also sometimes called notebook. computers‚notebooks‚ ultrabooks or netbooks.
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Accounting and Finance Management Assignment 2 Semester: 3 Prepared by: Osoba Seun Student Number: Sc-Kl-00021763 Email Address: josher4real@yahoo.com Date submitted: 17/01/2014 Question 1 Sales Budget September ($) October ($) Budgeted sales (units) 9‚500 Selling price per unit $12 Total sales 90‚000 114‚000 Schedule of expected cash collections: October ($) Account
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ACC 556 – Financial Accounting for Managers Chapter 1 Homework Due Week 1 and worth 10 points Directions: Answer the following four questions on a separate document. Explain how you reached the answer or show your work if a mathematical calculation is needed‚ or both. Submit your homework assignment using the homework assignment link in the course shell. E1-1 Here is a list of words or phrases discussed in this chapter: 1. 2. 3. Corporation Creditor Accounts receivable 4. 5. 6. Partnership Stockholder
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Merchandise inventory is generally valued at the price for which the goods can be sold. reported under the classification of Property‚ Plant‚ and Equipment on the balance sheet. reported as a current asset on the balance sheet. often reported as a miscellaneous expense on the income statement. Items waiting to be used in production are considered to be finished goods. merchandise inventory. raw materials. work in progress. In a manufacturing business‚ inventory that is ready for sale is called store
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SHANGRI-LA You are partner in charge of the audit of Shangri‑La‚ Inc. The company is a real estate developer‚ specializing in luxury vacation areas. The company’s operations have been profitable‚ although not spectacular. Most of the development property is pledged as collateral for bank loans; there is a reasonable stockholders’ equity of about $10‚000‚000. Shangri‑La has a substantial
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HISTORY OF COMPUTERS Ancient era Suanpan (the number represented on this abacus is 6‚302‚715‚408) Devices have been used to aid computation for thousands of years‚ mostly using one-to-one correspondence with fingers. The earliest counting device was probably a form of tally stick. Later record keeping aids throughout the Fertile Crescent included calculi (clay spheres‚ cones‚ etc.) which represented counts of items‚ probably livestock or grains‚ sealed in hollow unbaked clay containers.[1][2]
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Question 1 Use the data below to answer Parts (a) through (c). Show all calculations in your solutions. On January 1‚ 20X2‚ Haika Inc. purchased 60% of the outstanding voting shares of Selina Co. for $3‚000‚000. On that date‚ Selina’s shareholders’ equity consisted of retained earnings of $2‚000‚000 and ordinary shares of $1‚000‚000. Selina’s identifiable assets and liabilities had fair values that were equal to their carrying values on January 1‚ 20X2‚ except for the following: | Fair value
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professional conduct is clear that an accountant should follow all the six principles so that a healthy work environment could be created in the interest of the company‚ society and nation. The second discussion is focused on evaluation of ethicality of accounting activities. Manipulating the financial statements for personal interest or for loyalty towards company or its executives is unethical and the person responsible for such act will be punishable. Misstatement of financial statements is ethically wrong
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