can this statement relateto accounting? A syntactic theory is one that is capable of testing on the basis that it is valid in terms of itslogical consistency. Thus the calculation of accounting profit and determination of assetvaluation can be valid in relation to their conformity with rules prescribing the measurementof accounting profit and asset valuations. This can be described as sterile as it does notnecessarily relate to the real world. Historical cost accounting has been represented as being purely
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Accounting Cycle Paper ACC 421 May 26‚ 2015 Accounting Cycle The purpose of accounting is to accumulate and report on financial information about the performance‚ financial position‚ and cash flows of a business. This information is then used to reach decisions about how to manage the business. Once this financial information has been stored in the accounting records‚ it is usually compiled into financial statements‚ which include the following documents: income statement‚ balance sheet
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Topology Network topology refers to the physical layout of a network. The chosen layout directly impacts how each node on a given network communicates with another. There are multiple types of topologies that can be used based on the need of the project. The ultimate goal is to provide multiple lines of data communication which will increase fault tolerance on the network and reduce or eliminate a complete disruption of service. A mesh topology offers the most effective fault tolerance over
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capital 47‚720 Less accum. depr. 675 Total Property‚ plant‚ and equipment 20‚575 Total liabilities and Total assets $ 48‚370 owner’s equity $ 52‚170 In the balance sheet errors are: 1. Salaries payable is a current liability 2. Prepaid rent is a current asset and so we need to make these changes Corrections are as followed Assets Liabilities Current assets: Current liabilities: Cash $ 21‚300 Accounts payable $ 1‚250 Accounts receivable 3‚800 Salaries Payable
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2-8 The Wendt Corporation had $10.5 million of taxable income‚ a) What is the company’s federal income tax bill for the year? Answer: $3‚575‚000 50‚000*.15=7500 (75000-50000)*.25=6250 (100000-75000)*.34=8500 (335000-100000)*.39=91650 (10000000-335000)*.34=3286100 (10500000-10000000)*.35=175000 b) Assume the firm receives an additional $1 milion of interest income from some bonds it owns. What is the tax on this interest income? Answer: Tax on just the extra million taxed as ordinary
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AC301: Intermediate Accounting II CPA Exam and Qualifications Wendy Roy 10/20/2014 I went and visited a few websites to understand completely California laws for the CPA‚ some of the websites I visited were; California Board of Accountancy‚ CalCPA‚ and This Way to CPA. These websites gave insight to the education standards that California requires before taking the exam. There are many different advantages to becoming a CPA board member‚ some of these advantages are; salary‚ demand‚
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that is‚ the sensor will detect any abject above its frequency range weather it is danger to the vehicle or not. In our project we are using brainwave sensor to detect the mental condition of the driver based on different frequencies of the sensor. The speed of the vehicle is reduced or stopped automatically considering the emotions of the driver. III. DESCRIPTION OF PROJECT A) PROPOSED MODEL The behaviour of the vehicle and its operation can be executed by maintaining the vehicle speed‚ brainwave
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Executive summary: Whale fishing‚ also known as whaling‚ is a traditional fishing activity which existing thousands of years in the world. Fisherman fishing whales‚ sell of whale meat and oil to make money. With the development of modern fishing technology‚ industrial fishing gradually replaces a large number of private fishing activities‚ which made whaling easier and more efficient. Greenpeace International’s data showed “Commercial whaling during the last century decimated most of the world’s
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| 2012 | | Acc: Research Project | [The Walt Disney Company] | Ticker Symbol: NYSE:DIS A brief summary of the company’s products‚ history‚ and financial operations over the last year. | General Overview The Walt Disney Company (NYSE:DIS) is one that I have been familiar with my entire life. However‚ I have never known
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TMA01 My role varies in the class room; everyday brings a new learning opportunity. I am currently working three full days a week with year six. A class made up of twenty three very bright‚ talented nine to ten year old boys and girls and there very inspiring and motivated teacher. Although I say I work three days but more often then not it turns into a full week. (The children have that affect on you
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