Memo Evaluation Enrique Jamelo ENG 221 Abstract According to Batten‚ Donna (2010)‚ “Memorandum or memo is an informal record‚ in the form of a brief written note or outline‚ of a particular legal transaction or document for the purpose of aiding the parties in remembering particular points or for future reference.” (Page 41). Memo Evaluation For the week two individual assignments‚ I chose a memo from the University of Phoenix Virtual Organizations’ intranet site which is the Riordan Manufacturing:
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ACCT 203: Section 1 Essay Instructions The Issue: You are a partner in Acme Accounting PSC and as such are considering how to respond to a letter written to you by “Bob” a new client. In his letter‚ he stated that he heard that there are two ways he can identify cost in the normal course of his construction business operations. He would like two know what they are‚ the major differences between them and which one best fits his business in terms of performance analysis. Your partners have asked
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The formation of the debit and credit concept In this simplified form we can begin to see what the mathematician and Father of Accounting (Luca Pacioli) saw in 1494 when he codified the double-entry bookkeeping system. It is his codified system that outlined the rules for applying debits and credits when recording the financial transactions of a business in the double-entry bookkeeping system. Now remember that Luca’s book in 1494 was written and published in Latin and at a time when the concept
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Suppose your company has just acquired a firm that produces battery-operated lawn mowers‚ and strategists want to implement a market-penetration strategy. How would you segment the market for this product? Justify your answer. Explain how you would estimate the total worth of a business. In order to estimate the total worth of a business‚ I would determine its net worth or stockholders equity. After calculating net worth‚ I would add or subtract an appropriate amount for goodwill and overvalued
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The Self Our perception is often skewed by what the media or what others deem as attractive and beautiful. Self-concept affects individuals directly through interpersonal communications and how others perceive several aspects of our behaviour and attitudes. Self-Esteem and Body Image are also common factors which help define who we are‚ and are significant in today’s society. These three issues today‚ can have a huge impact on an individual’s development and overall personality. By definition‚ perception
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Classmates‚ According to (Oster‚ 2014)‚ "Percentage of receivables and percentage of sales are two accounting allowance methods used to reconcile customer accounts deemed noncollectable. When allowed by generally accepted accounting principles (GAAP)‚ these two strategies are preferred over direct write-off of bad debt expenses. Percentage of receivables and percentage of sales provide a business with the ability to accurately estimate the expected bad debt losses they will have in each succeeding
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Gareth Golder Digital Books are a Threat to Writers‚ Will Self 1. Will Self introduced the article by complimenting the qualities which books have. He praises books for their portability‚ how functional they are and that they are generally attractive to look at. He then goes on to talk about what he believes makes digital books so useful. He talks about how the technology is flicker-free‚ easy to read and that they have a large capacity. Self then described the bad sides of digital books‚ highlighting
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ACCOUNTING SUBSTANCE OVER FORM Substance over form is an accounting concept where the entity is accounting for items according to their substance and economic reality and not merely their legal form. It is one of the key determinants of reliable information. For most transactions there will be no difference and in some cases however‚ the two diverge and the choice of how to present the transactions can give very different results. This differences occurs when an asset or liability is not recognized
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8/2/2012 Objective of Lecture 2 CLASSIFICATION OF ACCOUNTS & ACCOUNTING EQUATION • By end of lecture 2‚ all students should be able to:(a) Understand the five categories of accounts and able to classify them into the respective categories (b) Understand the accounting equation and the relationship between assets‚ liabilities and owner’s equity. Classifications of accounts • • 1. 2. 3. 4. 5. An account is used to record all information regarding an item. The five major
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Writing Oct.3th 2012 Self Self is awareness that a person individual for his own whole existence produced the kind of self-consciousness. And philosophers give it more profound definition. It can be a character‚ a hobby or an opinion. Everyone has a unique self; like selflessly‚ selfish‚ self-abased or self-conceited. Everyone acts different character in his or her life. It all depends on people’s mind. If you want to be what kind of person‚ then you will be. Self is personal and independent
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