Environment of Accounting Submitted to:- Prof. Dr. Parimal Chandra Datta Submitted by:- ID# Name 151009067 Muntashir Rahman Jeesa 151008067 Shihab Kamal Munshi Date of Submission: July 13th‚ 2015 Primeasia University‚Bangladesh Table of Content Sl PAGE 1. Brief History of Accounting 2. Definition of Accounting 3. Activities of Accounting 4. Bookkeeping & Accounting Compared 5. Uses of Accounting Data 6. Reasons for Using Accounting Data 7. Ethics in Accounting 8. Generally
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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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HSM 260 Checkpoint Scavenger Hunt Week 1 July 29‚ 2011 GAAP- (Generally Accepted Accounting Principles) - The rules that govern the way accountants generate financial reports. http://www.investopedia.com/terms/g/gaap.asp Basic accounting formula- The formula used in accounting that shows the total assets‚ liabilities‚ and the shareholders equity. Assets = Liabilities + Shareholder Equity. http://www.investopedia.com/terms/a/accounting-equation.asp Transaction‚ t-account- An analysis
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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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University Algebra Chapter 4 Solving Linear Equations 1. Definitions Linear Equation Solution Property of Equality 2. Solving Linear Equations Distributive Property Eliminating Fractions 3. Solving for One Variable in a Formula 4. Summary: Process for Solving Linear Equations 5. Worked out Solutions for Exercises 4.1 Definitions: Linear Equations: An equation is a statement that two expressions have the same value:
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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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Checkpoint: Social Change and Modernization Chapter 16 of Society: The Basis‚ Eleven Edition‚ by John J. Macionis. Prepared by: Sociology 120 Professor Charlotte Fan University of Phoenix Due Date 04/24/2012 Abstract Social Change is the transformation of culture and social institutions over time (Merton‚ 1968). A key feature of social change is that it is constant and just about everything in life is subject to change. Social change is sometimes intentional but often
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American Intercontinental University Unit 1 Individual Project ACCT 311 – Managerial Accounting March 25‚ 2012 Abstract This paper describes a company who has just started in the month of March called Cats and Dogs Company started by D.C. Dawg. It gives a summary of the cash transactions that took place during the month of March. It also shows how each cast transactions affects the accounting equation and an additional piece of information that is related to the transaction other than the
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17. In a sample of solid Al(NO3)3‚ the ratio of aluminum ions to nitrate ions is (1) 1:1 (2) 1:2 (3) 1:3 (4) 1:6 19. What is the total number of atoms in (NH4)2SO4? (1) 10 (2) 11 (3) 14 (4) 15 22. Write the correct formula for the following binary ionic compounds. (a) Lithium fluoride LiF (b) Calcium oxide CaO (c) Aluminum nitride AlN (d) Beryllium chloride BeCl2 (e) Potassium iodide KI (f) Aluminum oxide Al2O3 23. Write the correct formula for the following binary molecular
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Objectives Accounting and the Business Environment 7111AFE Topic 1 1. Use accounting vocabulary. 2. Apply accounting concepts and principles to business situations. 3. Use the accounting equation to describe an organisation’s financial position. 4. Use the accounting equation to analyse business transactions. 5. Preparation of financial statements. 1-2 Objective 1 Accounting... is an information system that... Use accounting vocabulary measures business activities‚ processes information
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