2-1 BU8101 Accounting: A User Perspective Lecture 2 The Accounting Cycle Wednesday‚ 17 August 2011 Mrs. Ho Yin Kheng S3-01C-88 Nanyang Business School Nanyang Technological University Email: yklau@ntu.edu.sg Tel: 67905694 2-2 LO 2 Lecture Outline 1. Analyzing Business Transactions 2. Recording Process a. b. c. d. e. f. The Source Document The journal The accounts Debit and Credit rule Recording process illustrated Unadjusted trial balance 3. Adjusting entries
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Is Everyone an Author? Authors do not always have to be people who write best-selling books or have published news articles; they don’t even have to write something at all. Painters‚ chefs‚ and musicians can all author compositions. An author‚ as described by the textbook‚ Everyone’s An Author‚ is someone whose piece can be viewed by a large group of people and critiqued by anyone. This critique is a result of rhetoric. Rhetoric‚ “language that is intended to influence people‚” helps the author’s
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Speech Type: Introductory / Value Humanitarian Value Speech Goal/Purpose I want to introduce one of my core values to my classmates‚ to help them understand why it is important to me. Introduction / Summary Your awakened with pain from your hunger‚ your feeling weak. Crying wont make it any better‚ it hasn’t helped before. Another day has dawned‚ yet you remain at the edge of starvation. Every day seems eerily the same… a struggle to survive. If only there was an opportunity for you
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of alcoholism in American literature‚ at least in the first half of the twentieth century‚ and the relationship between great authors and alcoholism has become somewhat of a literary cliché. Icons such as Ernest Hemingway‚ William Faulkner‚ Tennessee Williams‚ and Jack Kerouac are as famous for their work as they are infamous for their drinking habits. These authors have created a legend out of themselves just from their notorious habits of drinking. Of the seven native-born Americans awarded the
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What is Accounting Ethics? The term accounting ethics are formed by the combination of two different words‚ namely accounting and ethics. Fortes‚ (2011) believes that ‘accounting is the collection‚ measurement‚ analysis and reporting of events in financial terms.’ While Karthik‚ (2010) believes that ‘ethics in its broader sense‚ deals with human conduct in relation to what is morally good and bad‚ right and wrong. It is the application of values to decision-making. These values include
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Assignment 6: Personal Values Statement Introduction I had the privilege of taking an ethics class that asked me to list out what values were important to me. I thought I’d share some of the things I wrote down and finish off with my personal mission statement. This essay will give you a unique insight into what values I find to be important. What is important to me? Service‚ integrity‚ and loyalty are very important to me. Service is a big part of my life and allows me to continue to hold
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BOP must be in equilibrium • Balance of payments in Pakistan • Causes of adverse balance of payments • Measures to correct BOP • Conclusion Introduction: Balance of payments refers to sum of both the balance of visible and invisible items. The balance of Payment is a comprehensive annualrecord of economic relation of a country with the rest of the world during a given period of time. A balance of payments (BOP) sheet is an accounting record of all monetary transactions
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THE IMPACT OF REMITTANCES ON ALBANIAN GDP AND HOUSHOLD INCOME LEVEL Besije Manushi Epoka University‚ Master of Science in Banking and Finance Address: Tirana‚ Albania Email: bmanushi07@epoka.edu.al Abstract After the fall of communist regime or from the beginning of the 1990’s‚ Albania is one of the countries with the large number of emigrants‚ and it is one of the country that mostly receives remittances which are funds received from migrants working abroad. The aim of this paper is to
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Semester 1 MB0041 – Financial and Management Accounting Q1. Accounting is one of the oldest‚ structured management information system. Give the meaning of accounting and book keeping? Explain the objectives of accounting? ANS. Meaning of Accounting- The systematic and comprehensive recording of financial transactions pertaining to a business. Accounting also refers to the process of summarizing‚ analyzing and reporting these transactions. The financial statements that summarize a large company’s operations
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“Balance” One fine evening‚ while walking to my friend’s place enjoying the beautiful climate & cool breeze‚ making one to be there walking or standing still to enjoy it‚ I saw a group of kids riding their bicycles like a gang & roaming. A huge van came in the opposite direction‚ which meant they had to make space‚ which they have been occupying so far‚ for the monster vehicle. Due to sudden change of course or rough terrain‚ one of the kids lost his balance & fell to the safe side
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