Comprehensive Problem 1 c) Notes to the Financial Statements: 1. The company uses the straight-line depreciation method. The rental equipment is estimated to have a useful life of eight years. Thus‚ the monthly depreciation of the rental equipment is 240‚000/96‚ or $2‚500 per month. 2. The note payable to Rent-It is good for one year. $100‚000 and the accumulated interest are due on November 30‚ 2012. The account payable for office supplies is due in thirty days‚ or January 2‚ 2012. The account
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Jerome Santiago Period 2 AP Eng Lang/Com Mr. Hislop Ownership and Sense of Self In our time today‚ people own a lot of stuff these days. From a house‚ to a car‚ to appliances and the other little things they can own. Well‚ what does it really mean to "own something?" Can you own a tangible object such as a computer and or own an intangible such as an idea or thought? What does it really mean to own something? I believe that it is possible and true that you can both own something
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sole proprietorship is a disadvantage for the company. The owner has unlimited liability which means he/she is personally liable for all the business’s obligations and debts. All of the owner’s personal assets and liabilities have no distinction from the business’s assets and liabilities. This also means that there is no legal protection against the claims of business creditors if the sole proprietor dies‚ which if the sole proprietor didn’t prepare properly with adequate insurance or funds to pay
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ACCOUNTING NOTES FOR MY PERSONAL USE 4/12/2013 ELISHA VERIWA | Introduction to Accounting Accountancy is the process of communicating financial information about a business entity to users (stakeholders) such as shareholders and managers (Elliot‚ Barry & Elliot‚ Jamie: Financial accounting and reporting). Accounting has been defined as: * the art of recording‚ classifying‚ and summarizing in a significant manner and in terms of money‚ transactions and events which are‚ in part at least
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SE578-Practices for Administration of Physical & Operations Security Prof: Rodney Smith How do Administrative‚ Technical‚ and Physical Controls introduce a false sense of security? According to research and studies‚ the leading broadband providers have accumulated a total of over 17.4 million high-speed Internet subscribers in the US” This means that in the United States alone there are more than 17 million computers with fast connections most of which are connected to the Internet 24 hours a day‚ 7 days
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Campus Security Guidelines Recommended Operational Policies for Local and Campus Law Enforcement Agencies A project of William J. Bratton‚ Chief of Police‚ Los Angeles President‚ Major Cities Chiefs Association In partnership with Bureau of Justice Assistance U.S. Department of Justice Director James H. Burch‚ II Bureau of Justice Assistance‚ Office of Justice Programs‚ U.S. Department of Justice Staff support provided by Lafayette Group This project was supported by Grant
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INTRODUCTION Definition of Credit Risk Credit Risk is the risk of default by borrower due to inability and/or unwillingness to repay his debts in accordance with the agreed terms and conditions. Factors determining Credit Risk The credit risk of a bank’s portfolio depends on both external and internal factors. The external factors can be economy wide as well as company specific. Some of the economy wide factors are: State of the economy Wide swings in commodity prices Fluctuations
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To view one’s own culture as the universal by which all others are judged would be ultimately subjective‚ as our perceptions of cultural differences are shaped largely by our immersion in our own culture. An ethnocentric approach stems from judging an alternate culture in relation to one’s own pre-conceived cultural values‚ held to be superior; the parallax phenomenon‚ the inability to escape our own biases‚ prevents objective analysis of different cultures. A cultural relativist maintains the post-modernist
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Security Operations Sec/310 Mr Ralph Martinez April 1‚ 2013 Security Organization The protection of persons‚ physical assets and information is a concern at every level of society. From the individual to the giant organization‚ the need for safety and security is a basic requirement. However‚ due to limited resources or lack of ability to confront numerous noncriminal risk‚ public law enforcement agencies are unable to provide adequate protection against the multitude of foreseeable threats
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Computing International Journal of Enterprise Computing and Business Systems 2230ISSN (Online) : 2230-8849 http://www.ijecbs.com Vol. 1 Issue 2 July 2011 SECURITY AND ETHICAL ISSUES IN IT: AN ORGANIZATION’S PERSPECTIVE Devendra Kumar Tiwary Assistant Professor*‚ Department of Computer Application‚ Technical Education & Research Institute‚ Post-Graduate College‚ Ravindrapuri‚ Ghazipur‚ Uttar Pradesh (INDIA) _________________________________________________________________________ ABSTRACT
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