Homework – Week 4 Desislava Tabakova ACC 403 – Auditing I Professor Ashley Braun Harper November 2‚ 2014 Chapter 7: Problems 7-29(a-g) and 7-33(a-b) Chapter 8: Problems 8-29(a-d) and 8-32(a-b) 7-29 A-G A- Recorded amount of entries in the acquisition journal 1- Documentation--consists of the client’s business documents used to support accounting events. The strength of documentation is that it is prevalent and available at a low cost. Documents can be internal or externally
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Learning Team Reflection Summary Week 1 and 2 Team A has summarized about last week from what we discussed with the discussion questions as well as our individual thoughts about different acts how technology has promoted their change. Last week was our first week of class in which we discussed several different topics relating to business in the computer field. We discussed the ethical challenges surrounding the movie and music industries as they related to the internet‚ collaborating
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Axia College/ ACC 230 Week 8 Presenting to stakeholders The Shareholders are going to be interested in the financial health of the company so it will be important to focus on profit ratios and return on investments. When evaluating a company’s financial health it is important to evaluate all positive and negative financial instances. When I meet with the design crew‚ investors‚ and CEO I will suggest that we paint an honest picture of our financial health. In accordance
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Personal reflection paper Sherri Spurgeon HUM/111 02/24/2013 Michael Newcomb Personal reflection paper Critical thinking is reflective reasoning about beliefs and actions. It is a way of deciding whether a claim is always true‚ sometimes true‚ partly true‚ or false. The three most significant things I have learned in this class would be to never assume anything until you know if it is true or not‚ to never pass judgment on something unless if it is true‚ and I have learned to never go by
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Learning Team A Week One Reflection ACC/422 Monday‚ April 8‚ 2013 Lisa A. Foy Learning Team A Week One Reflection The object of the reflection for this week is to discuss the objectives for Week One and their relation to the importance of the balance sheet to internal and external users. The objectives discussed by Learning Team A are the components of cash and cash equivalents‚ and the comparison and contrast of different inventory cost flow assumptions and how they are valued. The internal
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Learning Team Reflection Week 2 Team A: Amanda Delaney‚ Angela Thompson‚ Jamie Sharp‚ Xaviera Woodside HRM/531 December 15‚ 2014 Pamela Jones Businesses small and large all face the challenge of ensuring they comply with both state and federal employment laws and regulations. Factors such as number of employees with in an organization‚ as well as where the organization is located effect the laws they must abide by. It is important these laws be well researched to ensure that the organization
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Assignments from the Readings ACC/400 July 15‚ 2013 Assignments from the Readings Chapter 8‚ Question 3: What are essential features of the allowance method of accounting for bad debt? According to Kimmel‚ Weygandt‚ & Kieso‚2007: 1. Estimated uncollectible accounts receivable: These accounts match them against revenues in the same accounting period. 2. “Record estimated uncollectible as an increase (a debt) to bad debt expense and an increase ( a credit) to Allowance for Doubtful
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Reflection-Economic Forecasting ECO/372 June 3‚ 2013 Historical and forecast economic data can be obtained from various locations. The Internet grants access to several sites that provide tools for the individual to collect the data. One must choose which site provides the required information needed to support the facts. In the following paragraphs‚ team B has supplied various resources where historical and forecast economic data can be obtained and a summary explaining
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Find needed answers here https://bitly.com/12B18Ql This document ACC 205 Week 5 Discussion Question 2 Current Liabilities comprises solution of this task: "There are two types of current liabilities that must be estimated. Describe them and explain why they must be estimated. How are the financial statements affected if they are not estimated? Respond to at least two of your classmates Deadline: ( )‚ Business - Accounting Week1 D1: As you have learned in this week’s readings the Accounting
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Balance Sheet Notes Preparation and Discussion Odette A. Aquino Pérez‚ Desireé González And Edwin Reyes ACC 545 February 19‚ 2015 Prof. Rafael Marrero‚ PhD‚ MBA‚ CPA Footnotes Preparation and Discussion This week paper requires our team to prepare three notes to the balance sheet and income statement. Also‚ request us to discuss why footnotes are useful and important to financial statements. Below we have included the requested footnotes (prepared based on our experience working with a CPA Firm
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