Effects of Inventory errors Seshavradhanr Rao Maramraj ACC 539 Week 2 August 10 2008 Effects of Inventory errors A. The ending inventory reported in 2002was overstated by $ 23‚500 for merchandise that Kirk’s Servistar hold on consignment. Therefore‚ the ending inventory in 2002 is $ 91400-$ 23‚500 = $ 67‚900 and the beginning inventory in 2003 is $ 67‚900. The correction of the 2002 and 2003 income statement is | | |2003
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Sundays. He was saved from their thistle-strewn farm and its red dirt. And he said nothing. Hard and serious like a young bear inside his teller’s cage‚ his axe-hewn hands upon the paper bills aching with empty strength and throttled rage Warren Pryor by Alden Nolah 1. What figure of speech is “cup runneth over”? What does this phrase mean? Cup runneth over would be considered an idiom‚ commonly used to describe the state of having more than one needs. It is derived from the Hebrew
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was questioning Mary Warren in Court. Mary was so quiet she wouldn’t say anything aloud and she keep her head down. Mary warren is a shy 17 year old girl in the “Crucible.” Mary is an official of the court. Mary Warren is also a servant at the Proctor’s house and turns her back on John and blames him for being a witch. Mary Warren and I have a few personality traits in common in that we are caring to our friends‚ shy individuals and aggressive to a fault. First trait Mary Warren and I share is that
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Socialist playwright‚ George Bernard Shaw wrote the highly controversial play‚ Mrs. Warren ’s Profession. The play was censored and it would take eight years‚ before it was finally produced in London in 1902 for private performance. The production survived a mere two performances as an irate audience condemned the play‚ protesting that the content was immoral for its themes involving both prostitution and incest. Mrs. Warren ’s Profession however‚ presented both an argument and counter-argument. First
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3 Timeless tips from billionaire boys club member Warren Buffet If you’ve ever wanted sound financial tips from a financial guru‚ he’s your chance. Billionaire‚ Warren Buffet‚ is one of the world’s richest men and widely considered as the 20th Century’s most successful businessmen. Well versed in the art of making money‚ as well as keeping it‚ this money magnet knows exactly what it takes to build a fortune. While we’ll never be able to accumulate even a quarter of Buffets net worth (reportedly around
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Error Identification (10 marks) The following text has 10 errors (excluding the example). In the space provided‚ write down the line number against each error and give the correct answer. Do not copy the text. Example: Line Error Correction 1 are is 1 General Steel is one of the most recognized name in the international steel building industry. In addition to being able to supply quality steel buildings anywhere in the United States‚ General Steel have provided customers
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Introduction For each error‚ describe to a recently hired bookkeeper how it would be shown on a cash reconciliation. Given the following errors: ∑ The bank recorded a deposit of $200 as $2‚000. ∑ The company’s bookkeeper mistakenly recorded a deposit of $530 as $350. ∑ The company’s bookkeeper mistakenly recorded a payment of $250 received from a customer as $25 on the bank deposit slip. The bank caught the error and made the deposit for the correct amount. ∑ The bank
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Creed is a vital word used; it may be complex to relative simple statements. The statement of faith‚ “What I believe”‚ or “My Credo”‚ it is my partake of my current self expressed in writing. Many faith statements or declarations of belief became known as "creeds" (from Latin credo‚ "I believe"). Mighty acts of God‚ grand beginnings -- as well as heresy and persecution -- were some of the typical circumstances which gave birth to creeds. As B.H. Carroll said‚ “Whatever a man believes‚ that is his
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Mary Warren also seen as Abigail’s follower. Abigail tells Mary to lie and accuse innocent people of witchcraft. Mary and Abigail knows it is not the right thing to do but Mary still goes with the flow because Abigail threatened to kill her. Mary is now scared of Abigail and feels intimidated by her Mary does not want to get on Abigail’s bad side‚ so Mary tries to please Abigail as much as possible to keep everything together. Mary lies in court that Sarah Good‚ mumbled words under her breathe and
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XBLR Error Study Keisha McDonnough Florida Atlantic University ACG 4401 Instructor Renee de Roche June 7‚ 2012 Extensible Business Reporting Language (XBRL) is a standards- based language that facilitates the interchange of interactive financial information via electronic communication.(FFIEC‚ 2006). The idea behind XBRL is straightforward- a digitized version of the text of the financial statement. XBRL treats specific identifiable information in a financial statement as an individual
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