In the file ACC 291 Week 2 Reflection Summary you will find overview of the following parts: Identify the entries associated with acquisition‚ disposal‚ and sales of plant assets. Distinguish between tangible and intangible assets. Differentiate between accounts payable‚ notes payable‚ and accrued expenses. Calculate depreciation and amortization expense using various methods. Distinguish between revenue and capital expenditures‚ and the entries associated with each. Business
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Unearned revenues are revenues that are received before the company delivers goods or provides services. Some industries that have unearned revenues would include magazine publishers as they only receive checks from customers once the magazine is ordered. Until then the company awaits payment and does not have this in advance. Another company would be airlines because they receive cash once the tickets are sold for future flights. Unearned revenue is used by any company that accepts payments or deposits
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Chapter 15 Operations Scheduling Planning and DISCUSSION QUESTIONS 1. Over the past several years‚ many corporations have experienced reductions in the workforce of sufficient size to receive attention in the media. Restructuring charges reflected in the annual reports to stockholders are often in the order of magnitude of $100‚000 per employee. If business is expected to recover within a year‚ the company would usually be better off to keep these employees on the payroll
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14). The Balance sheet gives the exact money value worth of the assets over the liabilities of the company as of the specified time mentioned. The Balance sheet formula is “Assets = Liabilities + Stockholders’ Equity” (Kimmel et al.‚ 2009‚ p. 14). The various resources possessed by a business such as property‚ cash‚ and equipment are Assets. Liabilities include the company’s
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of another corporation instead‚ the seller could construct the transaction as a tax-free reorganization. The seller could then account for the transaction as a tax-free exchange. The seller would not pay taxes until the shares received were sold. 3. Identifiable assets (fair value) $600‚000 Deferred tax liability ($200‚000 40%) (80‚000) Net assets $520‚000 Goodwill [($850‚000 – $520‚000) 60%] $550‚000 Deferred tax liability ($550‚000 40%) (220‚000) Net goodwill
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Exercise 1: Action movies inspire youngster to imitate risky and dangerous acts like car races and stunts. In not less than 350 words‚ discuss this statement by providing justifications and examples. Exercise 2: Reading comics is certainly not educational for the young. How far do you agree with this statement? Give reasons for your answer. You should write at least 350 words. Exercise 3: ‘Parents know best as far as careers are concerned.’ What do you think? You should write at least 350
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washing‚ discard supernatant‚ leaving about 0.1 ml of the sample. Add 0.01 ml of Mayer’s albumen glycerol solution and mix gently to avoid foaming. Incubate the cells in this solution for about 30 min. Transfer the precipitate with ciliates evenly on 2 or 3 grease-free cover glasses (24×24 mm) and distribute across the surface using a mounting eyelash or fine insect needle. Remove excess liquid carefully with a micropipette
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Diet And Exercise Topic: How diet and exercise are so important. Specific Purpose: To educated my fellow classmates on how the importance of a healthy diet combined with exercise is key to longevity. Thesis Statement: Tonight I would like to discuss how the effects of a healthy diet and exercise are so vital in our lives. Have you ever wondered why as you get older you just don’t have that get up go like you use to. Tonight I would like to discuss how the effects of a healthy
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2 Method: 3 Results Table 4 Analysis 4 Graph 5 Evaluation 6 Improvements 6 The effect of exercise on the heart rate and breathing rate Introduction Aim: Finding out how exercise affects the heart rate and breathing rate. Hypothesis: Exercise exists in different forms and has many benefits; it improves the oxygen-carrying capacity of the blood‚ development of bones‚ strengthens muscles and the lungs capacity plus it can make you feel good. There are different exercises and intensities
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The Benefits of Exercise If you want to feel better‚ live longer and have more energy then you should consider the health benefits of exercise. The health benefits of exercise do not discriminate against age‚ sex‚ race or religion. They are there for the taking if a person is willing to put forth the effort. Exercise can minimize or in some cases even help in eliminating certain health issues or risks such as high blood pressure‚ obesity‚ diabetes‚ poor circulation‚ high cholesterol‚ fatigue‚ decreased
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