returns and allowances‚ $30‚000 Gross profit‚ $490‚000 Accounts receivable‚ $110‚000 Sales discounts‚ $14‚000 Allowance for doubtful accounts credit balance‚ $1‚200 How much is bad debt expense assuming that 5% of accounts receivable is estimated to be uncollectible? A. $5‚500 B. $6‚700 C. $4‚240 D. $4‚300 Answer: Bad debt expense ($4‚300) = 5% of accounts of accounts receivable (5% $110‚000) - allowance for doubtful accounts credit balance ($1‚200). 3) Which of the following journal
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Q1.Evaluate the following items‚ and determine the correct amount to report on the income statement for each‚ using the accrual basis of accounting for the referenced period of time. Revenues A Company had beginning accounts receivable of $8‚000. The company reported cash basis revenues of $100‚000. The ending accounts receivable amounted to $18‚000. Supplies B Company purchased $25‚000 of supplies. Supplies on hand decreased by $5‚000 during the period. Rent C Company started the year
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Ethics for the Prevention of Corruption in Turkey ACADEMIC RESEARCH REPORT PLANNING ETHICS AT LOCAL LEVEL Asst. Prof. Dr. Gökçen KILINÇ Assoc. Prof. Dr. Hüseyin ÖZGÜR Asst. Prof. Dr. Fatma Neval GENÇ May 2009 ACADEMIC RESEARCH REPORT PLANNING ETHICS AT LOCAL LEVEL Asst. Prof. Dr. Gökçen KILINÇ Assoc. Prof. Dr. Hüseyin ÖZGÜR Asst. Prof. Dr. Fatma Neval GENÇ May 2009 This academic research has been conducted within the project on “Ethics for the Prevention of Corruption in
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DEFINITION A branch of economics concerned with resource allocation as well as resource management‚ acquisition and investment. Simply‚ finance deals with matters related to money and the markets. To raise money through the issuance and sale of debt and or equity MEANING OF FINANCE ------------------------------------------------- Finance is the study of how investors allocate their assets over time under conditions of certainty and uncertainty. A key point in finance‚ which affects
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sectors and other sectors throughout the world. College Admission Test Result is one of the major factor that the students can enrolled in this institution. Its plays a crucial role in motivating the students to learn and develop her knowledge. In this Result period teachers found complexity‚ especially in posting the records of the students who are qualified to enroll in this institution. Since the Admission test result used computer to record‚ there is easy retrieval of data. Thus a student’s
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Plc (2008) Annual Report and Accounts 2008 [Online]. easyJet Plc. Retrieved from: http://corporate.easyjet.com/~/media/Files/E/easyJet/pdf/investors/result-center/easyJet_ar081.pdf? [Accessed 05 March 2011] easyJet Plc (2009) Annual Report and Accounts 2009 [Online]. easyJet Plc. Retrieved from: http://corporate.easyjet.com/~/media/Files/E/easyJet/pdf/investors/result-center/easyJet_AR09_180109.pdf? [Accessed 05 March 2011] easyJet Plc (2010) Annual Report and Accounts 2010 [Online]. easyJet Plc.
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Reflective Account – Poster Presentation. This reflective account is regarding my involvement within a group to produce an academic poster presentation. My feeling when we were initially told we had to do a presentation was; please no! and my heart immediately sank! This was one main worry I had when I was accepted into university but I knew I had to overcome this fear. A few sessions ago‚ we all decide which groups were going to work together. I was pleased with who I was working with as we
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STATISTICAL ANALYSIS SOFTWARE PACKAGES When you might get directly involved in computer-based data analysis‚ my guess is that you’ll be a little amazed at the capabilities of most statistical analysis software packages. I’ve already alluded to the rather extraordinary number of cases and variables that most packages can handle‚ but that’s just the start of it. The truly amazing element is the speed at which the data are manipulated and calculations are performed. Extremely sophisticated analyses
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A PROJECT ON MANPOWER PLANNING UTTAM KUMAR SAHU lovely143happy@gmail.com ABSTRACT In recent years a number of personnel planning techniques and manpower models have been developed to improve long range planning in the personnel field. A review of the literature on manpower planning revealed that models had been developed to consider quite specific problems and that the quantitative techniques had considered only a very simple manpower structure
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Essay On Career Planning ____________________________________________________ There are few issues that every student in his/ her academic lifetime has to deal with. They are: 1. When is the right time to plan your career? 2. What factors determine the choice of career? 3. Do these questions haunt you? & 4. Do you know about career planning? Each one has to take these decisions is his life. For a dream career‚ we need- - Right Planning - Proper Guidance - Hard work
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