owners equity on January1‚ 2012 called the balance sheet. The report the reader will see below is a current balance sheet for a company called Custom Building that I personally work with. Working one on one with the owner has offered quite a bit of experience in the accounting world. The reader will be able to view the balance sheet below‚ following the explanation of the balance sheet for Custom Building discussed in full. Custom Building Company Balance Sheet January 1‚ 2012 Non-current Assets
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Example Company Balance Sheet December 31‚ 2011 ASSETS LIABILITIES Current Assets Current Liabilities Cash $ 2‚100 Notes Payable $ 5‚000 Petty Cash 100 Accounts Payable 35‚900 Temporary Investments 10‚000 Wages Payable 8‚500 Accounts Receivable - net 40‚500 Interest Payable 2‚900 Inventory 31‚000 Taxes Payable 6‚100 Supplies 3‚800 Warranty Liability 1‚100 Prepaid Insurance 1‚500 Unearned Revenues 1‚500 Total Current
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A balance sheet‚ like a photo‚ provides a financial picture of a company on a given day and time. It categorizes all of a company’s resources as assets‚ all of its debts as liabilities‚ and all of the owner’s investments as equity. A company uses its assets‚ such as accounts receivable‚ inventory‚ and equipment‚ for manufacturing or purchasing products for sale or to provide a service. A company’s assets are financed by its liabilities (debt) and the owner’s equity (net worth). On a balance sheet
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Merck Consolidated Balance Sheet | | | | | | € million | ------------------------------------------------- Note | ------------------------------------------------- Dec. 31‚ 2012 | ------------------------------------------------- Dec. 31‚ 2011 | ------------------------------------------------- Jan. 1‚ 2011 | 1 | Previous year’s figures have been adjusted‚ see Note [5] | | Current assets | ------------------------------------------------- | -------------------------------------------------
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liquid with an instant-read thermometer. If it is too hot‚ the yeast will die and your bread won’t rise. If it is too cold‚ the yeast won’t activate and your bread won’t rise. Step 3: Beat with a mixer Add warm water and melted butter to the flour mixture all at once. Beat with an electric mixer on low to medium speed (you can do this by hand as well). Scrape the side of the bowl to make sure all of the flour and yeast are moistened. Step 4: Stir in remaining flour Use a wooden spoon to stir
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1. Q:Collect Balance Sheet of five different companies. Try to analyse it in your own words. Analysis can be in terms of change in profit‚ asset‚ liabilities. Etc ZYNGA [pic] The First comapny we’ll be looking at is Zynga. Let’s jump right into it. Across the board‚ the Total Current Assets is less than the previous year‚ more more than other earlier years. This could indicate that the company may have liquidized some of their assests within the year. Total Assests is greater than the
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SELECT PART_NUM‚ DESCRIPTION‚PRICE FROM premiere.part; PART_NUM DESCRIPTION PRICE AT94 Iron 24.95 BV06 Home Gym 794.95 CD52 Microwave Oven 165.00 DL71 Cordless Drill 129.95 DR93 Gas Range 495.00 DW11 Washer 399.99 FD21 Stand Mixer 159.95 KL62 Dryer 349.95 KT03 Dishwasher 595.00 KV29 Treadmill 1390.00 2. List all rows and columns for the complete ORDERS table. SELECT * FROM premiere.orders; ORDER_NUM ORDER_DATE CUSTOMER_NUM 21608 2007-10-20 148 21610 2007-10-20
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Garrison Katz The Concepts of Audio‚ Engineering “The most important thing about audio engineering is to understand the concepts of mixing. Since there are so many concepts finding the best one in general will be hard‚ I myself don’t think it exists yet”(May). From the dawn of time mankind has had music and every song since the first one is known as the infinity remix. By that I mean that the first concept of the second song is a remix of the first and every “new song” from that point is a
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Sifting Creaming Also known as the ’sugar-shortening’ method‚ the sugar and shortening fat are blended together first and then creamed by added mixing. Rubbing one or two ingredients against a bowl with the help of Wooden Spoon or Electric Mixer to make a soft fluffy mixture. Creaming means combining sugar with a solid fat‚ such as butter‚ shortening or margarine. E.g. Butter & Sugar‚ Flour & Butter Cutting-in/Cut-in Often a recipe will call for you to "cut in" butter or shortening
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Manilalectric Company and Subsidiaries Statement of Financial Position As of Dec.31‚2013 Common Size % 2013 2012 2011 ASSETS Noncurrent Assets Utility plant and others Investment in associates and joint ventures Investment properties Deferred tax assets- net Other noncurrent assets- net 42.65 5.08 0.58 2.04 8.94 50.40 0.84 0.75 1.41 4.07 49.98 0.4 0.78 0.34 3.12 Total noncurrent Assets 59.59 57.47 54.63 Current Assets Cash and cash equivalents
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