Summary of IAS 18 Objective of IAS 18 The objective of IAS 18 is to prescribe the accounting treatment for revenue arising from certain types of transactions and events. Key Definition Revenue: the gross inflow of economic benefits (cash‚ receivables‚ other assets) arising from the ordinary operating activities of an entity (such as sales of goods‚ sales of services‚ interest‚ royalties‚ and dividends). [IAS 18.7] Measurement of Revenue Revenue should be measured at the fair value of the consideration
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Chapter 18 Questions 1)Define active solar heating‚ and explain how it works. Active solar heating is a system of putting the sun’s energy to use in which collectors absorb solar energy and pumps or fans distribute the collected heat. This functions in the manner that heat absorbed by a solar collector is transferred to a fluid inside the panel‚ which is then pumped to the heat exchanger‚ where the heat is transferred to water that will be stored in the hot water tank. 2)Define photovoltaic solar
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E1: Describe the development of children in a selected age range and in TWO (2) areas of development/E2:Describe the development of children in a selected age range‚ different from E1 and in TWO (2) areas of development. I am going to describe the development of children aged birth to three years and three to seven years and also describe two areas of development which are: physical development and social development for the selected age range. Children from birth to three months start to develop
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Theme Although the most obvious theme in most of the Shakespearian sonnets‚ including this one‚ is love‚ there is always an underlying theme. In this poem‚ it is time; immortality and the transience of beauty. The speaker mentions numerous times throughout the poem that “every fair from fair sometime declines” be it that of nature‚ “summer’s lease hath all too short a date” and eventually Autumn begins in which the leaves shrivel and die‚ or that of the subject. From the third quatrain onwards‚
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The piece that I have chosen for this assignment was William Shakespeare’s Sonnet 18. At the very first line‚ it is apparent that the metaphor that he chooses‚ is a "summer’s day‚" to describe his friend or loved one. For the ease of explanation‚ I will refer to that person using feminine pronouns‚ due to the fact that the gender of the person is not explicitly stated; I would believe it is assumed to be female. Through reading the poem a couple of times‚ I noticed that his choice of words would
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ChaNoel A. Torres Acevedo Intermediate Accounting I Homework: Exercise 3-1: Apr. | 2 | Cash | 30‚000 | | | | Equipment | 14‚000 | | | | Christine Ewing‚ Capital | | 44‚000 | | | | | | | 2 | No entry—not a transaction. | | | | | | | | | 3 | Supplies | 700 | | | | Accounts Payable | | 700 | | | | | | | 7 | Rent Expense | 600 | | | | Cash | | 600 | | | | | | | 11 | Accounts Receivable
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1). Financial planning true or false? Explain. a. Financial planning should attempt to minimize risk. False. Financial planning is a process of deciding what risk is best b. The primary aim of financial planning is to obtain better forecasts of future cash flows and earnings. False. Financial planning is concerned with possible surprises as well as the most likely outcomes. c. Financial planning is necessary because financing and investing decisions interact and should not be made independently
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Running head: APHI HEATLHCARE INITIATIVE Access Plus Health Care Initiative Your Name Here Your University Abstract This report is a summary of all the findings of the Medical Liaison officer for the APHI board. This summary is meant to be a review of the feasibility of expanding into the California region. This report will review the history of healthcare in the region‚ the feasibility financial wise of expanding into the region‚ and finally how the government in the region
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Fashioning Fat: Inside Plus-Size Modeling by Amanda Czerniawski‚ details her experiences as a plus-sized woman in the fashion industry. The fashion industry is known for pushing the agenda of the ideal image of a woman. When plus-sized models enter the modeling industry‚ they are scrutinized or fetishized. Additionally‚ Czerniawski analyzes how the fashion industry objectifies plus-sized models. Essentially‚ the fashion industry has the ability to enforce and objectify the images of how we perceive
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Essay 1 “Shall I compare thee to a summer’s day” a sonnet written by William Shakespeare is one of the most well known sonnets in the world. It is a rhyming fourteen-line poem written in iambic pentameter. Iambic pentameter means that there is a particular rhythm in a line or in a verse. It is broken up into small groups of syllables called “feet.” Iamb means that there is an unaccented syllable followed by an accented syllable. The root word “pent-“ has to do with the number five. So iambic
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