liquid cash. This should be kept idle in the vaults of the banks and this amount is not available for further lending. For dealing with recession‚ the Fed would reduce the reserve requirement. b. The above steps taken by the Federal Bank would result in reducing the recessionary gap. This can be explained as follows. • Open market operations: Purchase of Government securities and bonds would increase the money supply in the market. When the Fed starts purchasing bonds‚ the demand for bonds will
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On Friday‚ March 28‚ 2003‚ Richard Okumoto intently studied a set of hard-copy accounting documents called “adjusting journal entries” spread out on his desk. He had been appointed chief financial officer (CFO) of Electro Scientific Industries‚ Inc. (ESI)‚ a multi-million dollar equipment manufacturer‚ just a few weeks earlier. Okumoto was in the midst of closing the company’s books for the third quarter of fiscal year 2003‚ which ended February 28. An experienced executive who had served
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1. In the 1980s Japan was viewed as one of the world’s most dynamic economies‚ today it is viewed as one of the most stagnant. According to Hill‚ The Japanese economy has stagnated because in quick succession their stock market collapsed and property prices rapidly followed. Japanese banks found their balance sheets loaded with bad debt and they reduced lending. As the stock market plunged and property prices imploded‚ individuals saw their net worth shrink. Japanese consumers responded by sharply
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undertaken at various stages in the activity. To ensure a standardized test administration‚ this Handbook must be followed strictly. The Chief Examiner’s (CE) Workflow |Keeps the confidentiality of |Accomplishes Forms 4‚ 5 and|Accounting of Materials | |the test materials |6 |Collects and accounts all ETRE’s assisted by the School Testing | |Requires every Room Examiner to|Monitors the testing
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“JOURNAL ENTRIES” a. JIL made initial cash investment. Cash XXX JIL‚ Capital XXX b. JIL made an additional investment‚ Equipment. Equipment XXX JIL‚ Capital XXX c. Purchased equipment on account. Equipment XXX Accounts Payable XXX d. Purchased equipment for cash. Equipment XXX Cash XXX e. Purchased supplies on account. Supplies XXX Accounts Payable XXX f. Purchased supplies for cash. Supplies XXX Cash XXX g. Rendered services on account. Accounts receivable XXX Service
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ACCOUNTING NOTES FOR MY PERSONAL USE 4/12/2013 ELISHA VERIWA | Introduction to Accounting Accountancy is the process of communicating financial information about a business entity to users (stakeholders) such as shareholders and managers (Elliot‚ Barry & Elliot‚ Jamie: Financial accounting and reporting). Accounting has been defined as: * the art of recording‚ classifying‚ and summarizing in a significant manner and in terms of money‚ transactions and events which are‚ in part at least
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BU8101 Accounting: A User Perspective Lecture 2 The Accounting Cycle Wednesday‚ 17 August 2011 Mrs. Ho Yin Kheng S3-01C-88 Nanyang Business School Nanyang Technological University Email: yklau@ntu.edu.sg Tel: 67905694 2-2 LO 2 Lecture Outline 1. Analyzing Business Transactions 2. Recording Process a. b. c. d. e. f. The Source Document The journal The accounts Debit and Credit rule Recording process illustrated Unadjusted trial balance 3. Adjusting entries a.
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Double Entry Journal #2 A double-entry journal is a type of extended annotation. There is not enough room in the book to put all of the information that you’d like to write. Since the double-entry journal is in a document‚ you can make your information as detailed as you’d like. Your goal is to choose quotes that represent at least all of the key ideas in the section. Then discuss any connections you made to those quotes or thoughts that you had while reading. An example is done for you below
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"TID_BUILDING_ELIXIR_PUMP"‚"TID_ELIXIR_PUMP_INFO"‚"Resource"‚"sc/buildings.sc"‚"elixir_pump_lvl1"‚‚"elixir_pump_const"‚‚‚1‚"Gold"‚150‚1‚3‚3‚‚"elixir_pump_upg"‚‚‚‚‚"Elixir"‚200‚500‚‚‚400‚30‚‚‚‚"Building"". The first price that says gold is what resource it costs to make the building the second one is what the pump pumps out. Remember this so when you go back to change it u don’t change the wrong one if u do then you won’t be able to build more of them Due to desync. all you need to do is change the word Elixir to Gold
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could enjoy their lunch at room 427 and listen to different English pop songs every Tuesday at lunch time. It was wonderful to try new things that we’ve never done before. Also‚ it was a popular activity that many students had participated in. Christy‚ what is your favorite activity that held in this year? I would say it’s ’Getting an Autograph’ in the English week. It was not just the most popular stall in all game stall held in the hall‚ but we could also actually learn a lot from writing a letter
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