Chapter 1 Financial Accounting and Accounting Standards Intermediate Accounting‚ 15th Edition Kieso‚ Weygandt‚ and Warfield 1 Financial Statements and Financial Reporting • Goals or purpose of (financial) accounting – Identification‚ measurement‚ and communication of financial information about – An economic entity to – Interested Parties (internal and external) • Creditors‚ managers‚ unions‚ government agencies Financial reports (statements) & notes 2 Financial Statements
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ATTICA STATE PRISON UPRISING SEPTEMBER 13‚ 1971 George Jackson the most famous political prisoner in the 70’s and leader of the Black Panther Party was incarcerated at San Quentin Prison in California. He was killed by the State on August 21‚ 1971. Because of this Attica inmates organized a hunger strike and wore black arm bands. George Jackson’s revolutionary writings in his book he had written “Soledad Brother” was passed from inmate to inmate inside Attica
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To own land‚ that is the privilege of whom? To Andrew Jackson the Cherokees current homesteads where on his country’s land. For whatever reason at that time some people living in America weren’t treated as good as there white counterparts. Meanwhile the Cherokees principal chief John Ross felt like that land belonged to his people. If you want to get technical he was speaking on the behalf of a tribe that made up a mere one-eighth of his ancestry. Not exactly a full blooded leader. He also was one
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“certificate of achievement for excellence in financial reporting” by the Government Finance Officers Association? What is the significance of this award? Yes‚ it is significant because it is the highest form of recognition in the area of governmental accounting and financial reporting‚ and its attainment represents a significant accomplishment by a government and its management. (Page 13) b) What are the key issues addressed in the letter of transmittal? Major initiatives in the city of Charlotte
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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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and to foreshadow of things to come. "The Lottery" by Shirley Jackson is a story in which the setting sets up the reader to think of positive outcomes. However‚ this description of the setting foreshadows exactly the opposite of what is to come. In addition‚ the theme that we learn of at the end leads us to think of where the sanity of some human beings lies. The story begins with the establishment of the setting. To begin‚ Shirley Jackson tells the reader what time of day and what time of year the
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Accounting for non-accounting students eighth edition John R. Dyson ACCOUNTING FOR NON-ACCOUNTING STUDENTS Visit the Accounting for Non-Accounting Students‚ eighth edition Companion Website at www.pearsoned.co.uk/dyson to find valuable student learning material including: G G G G Multiple choice questions to help test your learning Extra question material Links to relevant sites on the web Glossary explaining key terms mentioned in the book We work with leading authors to develop
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costs Labor costs of assembly-line workers $110‚000 – Direct labor Sales commissions $35‚000 – Period costs Factory supplies used $13‚000 – Direct materials Salaries paid to sales clerks $50‚000 – Period costs (b) Explain the basic difference in accounting for product costs and period costs. Product costs are manufacturing costs‚ direct components‚ direct labor and manufacturing overhead‚ do not become expenditures until the company sells inventory. Period costs are non-manufacturing costs‚ including
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The Lottery by Shirley Jackson tells an intriguing‚ thought-provoking and disturbing story‚ by using conventions of symbolism‚ dialogue and foreshadowing. The conventions used help bring together‚ emphasize and create meaning for the reader‚ that people blindly follow traditions that have lost meaning .Jackson has cleverly used symbolism in the short story to form a multifaceted meaning that challenges the readers to broaden their thoughts in regards to the tradition. The convention of dialogue misleads
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This file of ACC 423 Week 5 Individual Wiley Plus Exercises shows the solutions to the following problems: Question 1 (Basic Pension Worksheet) Question 2 (Pension Expense‚ Journal Entries for 2 Years) Question 3 (Error Analysis; Correcting Entries) Question 4 (Accounting Change and Error Analysis) Business - Accounting ACC 423 Week 1 Individual Owners’ Equity Paper ACC 423 Week 2 Individual Wiley Plus Exercises E15-13‚P15-1‚ E16-20‚ P16-7 ACC 423 Week 2 Learning
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