Categorize the accounting tasks performed by Urlacher as relating to either the identification (I)‚ recording (R)‚ or communication (C) aspects of accounting. E1-2 (a) The following are users of financial statements. ___I___Customers __I___Securities and Exchange Commission ___C__Internal Revenue Service __C__Store manager ___I___Labor unions __R__Suppliers ___C__Marketing manager __C_ Vice-president
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-----------------------‚---------------- ADVANCED ACCOUNTING EXAM III - Part I FALL2013 NAME _ Part 1: Prepare journal entries in the General Fund for each of the following events relating to the City of Santa Rosa (all amounts in $1‚000s). Required a. The citizens approve the following budget for the year: . APPROPRIATIONS $22.888 2‚000 . ESTIMATED REVENUES .............................................•.... ESTIMATED OTHER FINANCING SOURCES $ 2‚479 (22
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Grading Summary These are the automatically computed results of your exam. Grades for essay questions‚ and comments from your instructor‚ are in the "Details" section below. | Date Taken: | 9/26/2012 | Time Spent: | 3 h ‚ 00 secs | Points Received: | 137 / 170 (80.6%) | | Question Type: | # Of Questions: | # Correct: | Multiple Choice | 25 | 18 | Short | 1 | N/A | Essay | 2 | N/A | | | Grade Details - All Questions | Page: | 1 2 3 | 1. | Question : | (TCO
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Chapter 1 Ten Principles of Economics Multiple Choice 1. THE ENGLISH WORD THAT COMES FROM THE GREEK WORD FOR "ONE WHO MANAGES A HOUSEHOLD" IS |a. |market. | |b. |consumer. | |c. |producer.
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Accounting 311 Company Project Part 1 – Company Survey 1. Industry of company surveyed: General Electric 2. Type of Managerial Accounting Used: Job Order Process Costing Other: Explain 3. List 3-5 of the most significant direct Materials from a cost basis: Chemicals spare parts Filter Membrane Rental Trails and Trucks 4. List 3-5 of the most significant direct Labor elements from a cost basis {list skill level – e.g. journeyman mechanic‚ apprentice painter
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GROUP OF COMPANY Hotel Jaya Puri Sdn Bhd v National Union Bar & Restaurant Workers & Anor In this case‚ it was related to a bar that operated in a hotel and the workers of the restaurant in the hotel. The restaurant in the hotel is Jaya Puri Chinese Garden Restaurant Sdn Bhd. While the restaurant have no business and does not earn profit‚ the hotel managed to close down the restaurant. So‚ the restaurant workers are cut down and there are some workers of the restaurant were retrenched when the restaurant
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ACCT553 Week 3 Homework – ANDRE SILVA _________________________________________________________ Please provide your answer to each question in the space provided below. When finished‚ submit to the DropBox. Chapter 7 1. In your "own" words‚ please describe what a "Suspended Loss" is‚ how it is generated and when it is becomes deductible. (5 pts) Suspended losses occur when losses from passive activities exceed income from passive activities in a tax year. The excess
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9.3 B Davidson‚ DDS‚ purchased new furniture for its store on may 1‚ 2011. The furniture is expected to have a 10-year life and no residual value. The following expenditures were associated with the purchased: Cost of the furniture …………………………………………………… Freight charges ………………………………………………………… Sales taxes ……………………………………………………………… Installation of furniture ………………………………………………… Cost of repair furniture damaged during installation …………………… $11‚000 375 550 75 400 Instructions a. Compute
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CASE 5 – Evidence 1. For each of the following specific audit procedures‚ indicate the type of audit procedure it represents: (1) inspection of records or documents‚ (2) inspection of tangible assets‚ (3) observation‚ (4) inquiry‚ (5) confirmation‚ (6) recalculation‚ (7) reperformance‚ (8) analytical procedures‚ and (9) scanning. a. Sending a written request to the client’s customers requesting that they report the amount owed to the client. a. Confirmation i. Existence; trying
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1. What is the defining distinction between for-profit businesses and not-for-profit‚ including governments? What are the implications of this distinction for financial reporting? Governments and not-for-profits provide services that are targeted to groups of constituents who advocate a political or social cause or who carry out research or other activities for the betterment of society. The objectives of governments and not-for-profits cannot generally e expressed in dollars and cents and are often
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