ACCOUNTING 101 MIDTERM EXAMINATION 1. Which of the following is the correct accounting equation? A) Assets + Liabilities = Owner’s equity B) Assets = Liabilities + Owner’s equity C) Assets + Revenue = Owner’s equity D) Assets + Revenue = Liabilities + Expenses 2. Which of the following financial statements shows the changes in capital during a period of time? A) Income statement B) Statement of owner’s equity C) Statement of cash flows D) Balance sheet 3
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1. What do you think when you read claims in a newspaper or magazine that seem to be unsubstantiated? When reading claims in a newspaper or magazine that seem to be unsubstantiated I often get annoyed and provoked. I strongly believe that writers are and should be responsible for what they are putting in their writing. They should make sure that the information given to the readers are true and reliable. I have such a strong and negative reaction‚ because some people may read that magazine
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This case has been adapted from the textbook (6th edition) Discussion Case Question 8-6 and Discussion Case 6-8: You are the audit senior and your manager has asked that you complete the audit planning for TWO upcoming audits --- Equality Coffee Roasters Limited (ERC) and Office Moving and Storage Limited (OMS). Both clients have a December 31‚ 2013 year end. Below are some notes your manager has made on each client and has provided to you to assist with the planning. It is now the beginning
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EARLY CHILDHOOD DEVELOPMENT ECE 332 ROBERT GALLO FEBRUARY 20‚ 2012 Child development is a process involving developmental milestones during predictable time periods. Brain maturation lays the foundation for all other aspects of a child’s development. Growth and development of the brain is rapid‚ exceedingly complex‚ and influenced by a combination of maternal environment and genetics (Marotz‚ p28). This paper will include the developmental
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Instructions for the Microsoft Excel Templates by Rex A Schildhouse | | Be advised‚ the template workbooks and worksheets are not protected. Overtyping any data may remove it. | | | Extensive detail and information is contained within the help function of Microsoft Excel and in the provided text. | | You should enter your name‚ date‚ instructor’s name‚ and course into the cells at the top of the page. This information will be printed on the top of each page if the template requires
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AU Section 315 Introduction .01 This section provides guidance on communications between predecessor and successor auditors when a change of auditors is in process or has taken place. It also provides communications guidance when possible misstatements are discovered in financial statements reported on by a predecessor auditor. This section applies whenever an independent auditor is considering accepting an engagement to audit or reaudit (see paragraph .14 of this section) financial statements
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Assignment 1: Local Lawsuit Alana Robinson Strayer University LEG 100: Business Law Prepared for: Professor Matthew Grasham November 4‚ 2012 Abstract This paper is going to examine the difference between Black Bike week and Harley Davidson Spring Bike Rally (predominantly white) in Myrtle Beach‚ South Carolina. We are going to see if the NAACP had a valid reason to file a lawsuit against Myrtle Beach and several of its businesses. If so‚ we are going to see how risk management could’ve
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Robert Strayer explores the main pillars of the Islamic religion that he refers to as the Voices of Islam. These are the voices of; Allah‚ Prophet Muhammad‚ the law and Sufis. Strayer expresses that these four voices are the ones that have characterized the Islamic religion throughout the years. The voices differ in a lot of aspects and one common observation among the Muslims is that they tend towards one voice that they view as more favorable and reject the ones that deem unfavorable (Strayer 2010)
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$4.5 billion industry (Belch & Belch 2009). Strayer University is a college formerly known as Strayer college of Baltimore whose headquarters is in Arlington Virginia. The for-profit university currently has 88 locations and is assessable online internationally. In an attempt to further Strayer’s reach three media options are recommended: Content Sponsorship‚ Advetiainment and Ad-Supported Video on Demand. Utilizing these strategies will help Strayer develop a cohesive and appealing integrated marketing
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SOCS-315-63954 Professor Julien November 10‚ 2013 Marriage and Family Discussion In today’s society‚ time has changed from people deciding whether they shall get married or start a relationship. One of the main concerns that make people choose not to get married is they are not financially stable. If it were that easy to find a job that pays well‚ then most people would be in a health relationship and have a stable job. I am in the perfect example of problems in starting a family in today’s
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