Journal Entries Example Company A was incorporated on January 1‚ 2010 with an initial capital of 5‚000 shares of common stock having $20 par value. During the first month of its operations‚ the company engaged in following transactions: Date Transaction Jan 2 An amount of $36‚000 was paid as advance rent for three months. Jan 3 Paid $60‚000 cash on the purchase of equipment costing $80‚000. The remaining amount was recognized as a one year note payable with interest rate of 9%. Jan 4 Purchased office
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CHANGES IN BALANCE SHEET ACCOUNTS The total assets of a firm and the claims on assets change over time because of investing and financing activities. For example‚ a firm may issue common stock for cash; acquire a building by mortgaging a portion of the purchase price‚ or issue common stock in exchange for convertible bonds. These investing and financing activities affect the amount and structure of a firm’s assets‚ liabilities‚ and shareholders’ equity. The total assets of a firm and the claims
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Consolidated Accounts Balance Sheet • Home Page» • Business & Economy» • Accounting Consolidated Accounts Balance Sheet C UNIT 3: CONSOLIDATED BALANCE SHEET Definition of a Group Under IAS 27 Consolidated and Separate Financial Statements‚ a group exists where one enterprise (the parent) controls‚ either directly or indirectly‚ another enterprise (the subsidiary). A group consists of a parent and its subsidiaries. Definition of Control Under IFRS 3 Business Combinations‚ control
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Chapter 14 Vocabulary: The Autonomic Nervous System 1. Autonomic Nervous System - Consists of motor neurons that innervate smooth and cardiac muscle‚ and glands; make adjustments to ensure optimal support for body activities; operate via subconscious control; also called the involuntary nervous system or general visceral motor system. 2. Preganglionic Neuron – First neuron that resides in the brain or spinal cord. 3. Preganglionic Axon – Synapses with the second motor neuron; thin
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Secession Crisis * Southern militant leaders‚ champions of “Southern nationalism” concept and also known as fire eaters‚ began demanding an end to the Union * The Withdrawal of The South * South Carolina seceded first. They called a special convention and voted unanimously on Dec. 20‚ 1860 to be the first state to secede from the Union. * Six other states joined South Carolina as Lincoln entered office. * Mississippi – Jan. 9‚ 1861 * Florida – Jan. 10
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This document of FIN 419 Week 3 Individual Assignment Assignments from the Readings shows the solutions to the following problems: Chapter 2: Problem 2.1 Briefly discuss the form and informational content of each of these statements. Chapter 2: Problem 2.2 Chapter 4: Problem 4.23 Chapter 4: Problem 4.32 a. How large must the single deposit today into an account paying 8% annual interest be to provide for full coverage of the anticipated budget shortfalls? b. What
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Week 3 Individual Assignments Finance for Decision Making FIN/419 January 30‚ 2012 Chapter 4: Problem 4-23 – Personal Finance Problem Funding your retirement - You plan to retire in exactly 20 years. Your goal is to create a fund that will allow you to receive $20‚000 at the end of each year for the 30 years between retirement and death (a psychic told you would die exactly 30 years after you retire). You know that you
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Steve adams Spirit Chapter 16 Chapter 16 A1: A Slave Boy Learns a Lesson Slaveholders often would want the slaves to know the Bible but not read it. If he learns to read the Bible‚ it will forever unfit him to be a slave. A slave should know nothing but the will of his master‚ and learn to obey it. Learning will do him no good‚ but a great deal of harm. If you teach him how to read‚ he’ll want to know how to write‚ and this accomplished‚ he’ll be running away with himself. Slaveholders
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Analysis of UNION BUDGET 2015-16 Credit Analysis & Research Ltd. 1 TABLE OF CONTENTS Foreword.............................................................................................. 2 Macro Economic Backdrop................................................................ 3-5 Union Budget 2015-16.................................................................... 6-13 Railway Budget 2015-16................................................................ 14-16 Industry Allocation Sectors
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Chapter 16: The Conquest of The Far West Thesis:By the mid 1840’s migration was heading west. There was more opportunity‚ and known as the “frontier”. It was an empty land awaiting settlement and civilization; a place of wealth‚ adventure‚ opportunity‚ and untrammeled individualism Essential statement: developments in technology‚ agriculture‚ and commerce precipitates profound changes in U.S. settlement patterns‚ regional identities‚ gender and family relations‚ political power‚ and distribution
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