Review of Accounting Fundamentals The Accounting Equation Assets = Liabilities + Equity Equity = Contributed Capital + Retained Earnings Retained Earnings = Beginning Retained Earnings + Net Income for the Period – Dividends Net Income = Revenues – Expenses + Gains – Losses Assets ( Probable future economic benefits obtained or controlled by a particular accounting entity as a result of past transactions or events Liabilities ( Probably future sacrifices of economic benefits
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Introduction: To further my tertiary education ‚ studying professional accountancy in CUHK is always the ideal destination for me as I admire the culture of the school and I think I am suitable for studying accounting due to my personal ability and interests .Therefore‚ I have targeted studying professional accountancy in CUHK since I was in secondary school. Now my major in CUHK is professional accountancy and lucky I got the precious chance to become the committee member of the society of accountancy
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www.accountsarabia.com www.facebook.com/accountsarabia call Us:0530055606 Tally.ERP 9 at a Glance The information contained in this document represents the current view of Tally Solutions Pvt. Ltd.‚ (‘Tally’ in short) on the topics discussed as of the date of publication. Because Tally must respond to changing market conditions‚ it should not be interpreted to be a commitment on the part of Tally‚ and Tally cannot guarantee the accuracy of any information presented after the date of publication
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ASCENT® We are proud to introduce ‘ASCENT’; Advanced Social Cultural Educational Numerically-controlled Technology. ASCENT is a bouquet of integrated cutting edge cyber services dedicated to individuals as well as communities regardless of any geographical or ethnical aspects. ASCENT enables people improve their life standards‚ their families’ welfare and their communities through its wide range of integrated solutions. Our Pre Paid master cards enable expats‚ students‚ tourists as well as locals
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Name: Zachary Quek Suan Chieh I.D.: 112051-06965-010 Course: BCS account.h using namespace std; class Account{ protected: double balance; public: Account(double x){ balance = x;} virtual double getBalance(); virtual double debit(double x); virtual double credit(double x);}; account.cpp #include<iostream> #include"account.h" using namespace std; double Account:: debit(double x){ if(x>balance){ cout << "Debit amount exceeded account balance." << endl;}
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Chartered Accountancy CPT Course Lecture 12 – Consignment Accounting 1 Points to be kept in mind Consignor remains the owner of goods even after sending to consignee. Consignor does not send any Invoice rather a Performa invoice. The Amount of Sales belongs to Consignor. All the exp. are to be borne by Consignor. If borne by consignee‚ recoverable from consignor. Consignee entitled to Commission. Consignee entitled to de-credere commission if he is responsible for bad debts. Consignee
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Cash Received and Accounts Receivable According to S6-1(1) of the Income Tax Assessment Act 1997‚ assessable income consists of ordinary income and statutory income. Therefore‚ for the year ended 30 June 2013‚ Mary received $150‚000 in cash and $10‚000 accounts receivable from customers are ordinary income as it is described in S6-5(1) of ITAA97 that assessable income includes income according to ordinary concepts is called ordinary income. The same cases are Tennant v Smith (1892) AC 150; (1892)
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Internal Control and Accounting Systems – Standards ICAS (Level 4) - Standards 1 Title (and reference number) Level Credit value Principles of Internal Control (Knowledge) 4 3 Assessment criteria – learners can: Describe the purpose‚ structure and organisation of the accounting function and its 1.1 relationships with other functions within the organisation. Explain the various business purposes for which the following financial information is required • income statement (profit and loss
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FTCSTMT051 051 20120123 UDSPDFSTMT 0000000000500020599 DDA Statement Period Date: 12/24/2011 - 1/23/2012 Account Type: Club 53 Account Number: 500020599 (EASTERN MICHIGAN) P.O. BOX 630900 CINCINNATI OH 45263-0900 LEON & FLORENCE TAVERNIER TRUST LEON E TAVERNIER TRUSTEE FLORENCE E TAVERNIER TRUSTEE UAD 02 14 81 870 ALPINE DR BRIGHTON MI 48116-1748 Banking Center: Brighton Customer Service: 1-800-972-3030 Internet Banking & Bill Payment: www.53.com 0 630 RING IN THE NEW YEAR WITH A RESOLUTION THAT
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INTRODUCTION Enrolment serves as a vital part in the life of every student upon entering schools‚ either public or private. It gives students the impression on how the whole institute manages and manipulates the entire body. Moreover‚ enrolment serves as the first experience of all students by which he/she takes part in the school’s activities. The billing system is one of the major parts of an enrolment system. A billing system is a system designed to handle time and billing tracking as
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