Accounting for the iPhone at Apple‚ Inc. (HBS 9-111-003) 1. Exhibit 3 provides the journal entries under subscription accounting. Refer to the example in Exhibit 3. a) Complete the following FSET assuming the Apple follows subscription accounting to account for iPhone’s sales revenue (separately for the transaction in Quarter 1 and in Quarters 2 to 8). Balance Sheet Income Statement Transaction Cash Asset + Noncash Assets - = Liabilities + Contrib. Capital + Earned Capital Revenues
Premium Revenue Generally Accepted Accounting Principles Income statement
The Bill & Melinda Gates Foundation is a foundation that supports other organizations who share its guiding belief that every life has equal value. Located in Seattle‚ Washington‚ the Bill & Melinda Gates Foundation have an asset trust endowment of 36.2 billion dollars as of September 30‚ 2012. It supports grantees in all 50 states and 100 countries internationally in areas of global development‚ global health‚ United States program‚ and a smaller charitable support initiative sector. Bill Gates
Premium Bill Gates Bill & Melinda Gates Foundation Melinda Gates
Text Messaging and its Effects on Teens ’ Grammar Background Information "IYO TXTng = Gd 4 or NME of GMR?" If you cannot understand the previous statement‚ then you most likely have not been exposed to the language of text messaging. Who are the creators of this language? The answer is today ’s teenagers. The translation for the opening sentence is‚ "In your opinion‚ is texting good for or the enemy of grammar?" Text messaging has surely given our society a quick means through which to communicate
Premium Text messaging SMS Mobile phone
I want to say about William Henry Gates‚ also known as «Bill Gates». He is the youngest self made billionaire and may be the best businessman in the world. Bill Gates is important not only because he changes the computer technology in America‚ but also created the biggest‚ richest and the most powerful company in the world. Bill was born in 1966 in Seattle‚ USA. His parents‚ Mary and Bill‚ had one other daughter Kristi. When he was young‚ he went to a well-known private school Lakeside in Seattle
Premium Bill Gates Microsoft Computer
Analysis Case 1 Chapter 17 Name Institution Introduction Observation of standard accounting practices is a requirement for publicly traded companies. The companies are obligated to follow strict accounting rules in the presentation of their financial statements to enable the readers of such statements to compare performances by different companies easily. Financial institution and shareholders of various private companies may also require private companies to comply with certain accounting standard
Premium Audit Public company Privately held company
The following paragraphs will answer the question of what Manuel’s problem appears to be. It will also discuss if Bill Brown’s work place being substance-free would be appropriate and if so the steps it would take to implement. Lastly‚ it will discuss how an employee assistance program may help with the situation. It appears Manuel is suffering from stress and burnout. Burnout is the “incapacitating condition in which individuals lose a sense of the basic purpose and fulfillment of their work”
Premium Management Employment Human resource management
viewed Leeson to be independent. 4. Background Review: Due to the fact that the management of Baring Bank had created a wrong impression of Leeson they failed to investigate him even to the claims of the 88888 account letting the culprit handle the case and do a report to them. This was wrong and led to Leeson falsifying documents to cover up his tracks. 5. Limits to
Premium Nick Leeson Nick Leeson Barings Bank
Positive versus Negative According to the bill itself‚ the RH Bill aims to achieve the objectives which are: 1) provide different mediums to parents in order for them to plan for the number and birth spacing of their children; 2) allow women to finish their education and secure work after; 3) develop maternal‚ neonatal and child health; 4) reduce mortalities involving mothers and children; 5) eliminate abortion cases by averting unwanted pregnancies and; 6) alleviate poverty and hunger. In the promotion
Premium Birth control Abortion Human
BILLS OF EXCHANGE According to Indian Negotiable Instrument Act‚ “ A bill of exchange is an instrument in writing‚ an unconditional order‚ signed by the maker‚ directing a certain person to pay a certain sum of money only to or to the order of certain person or to the bearer of the instrument.” CHARACTERISTICS Bills of exchange has got the following features: 1. An Unconditional order It is an order by the drawer (creditor) to his drawee {debtor) without any condition
Premium Promissory note Legal documents
customer loyalty‚ and perhaps most importantly‚ human capital. These intangible assets are likely to provide tremendous earnings growth in the future which determines the company’s market value. Notice also that the company’s choice of conservative accounting policies has the effect of depressing the company’s book value of equity. 2. What effect did Microsoft’s software capitalization policy have on its financial statements? Ignore any potential tax effects. a. Assume that 60% of Microsoft’s
Premium Generally Accepted Accounting Principles Income statement