On Friday‚ March 28‚ 2003‚ Richard Okumoto intently studied a set of hard-copy accounting documents called “adjusting journal entries” spread out on his desk. He had been appointed chief financial officer (CFO) of Electro Scientific Industries‚ Inc. (ESI)‚ a multi-million dollar equipment manufacturer‚ just a few weeks earlier. Okumoto was in the midst of closing the company’s books for the third quarter of fiscal year 2003‚ which ended February 28. An experienced executive who had served
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The Center for Hospitality Research AT CORNELL UNIVERSITY Starbucks Entry into China Starbucks Coffee International‚ a subsidiary of Starbucks Coffee Company has recently celebrated its first step into Southern China opening a new store in the country‚ the first one in Shenzhen. The store is owned by Coffee Concepts‚ a joint venture between Starbucks and Hong Kong’s Maxim group‚ who together have already opened 32 Starbucks stores in Hong Kong between 2000 and 2002.1 At the opening Pedro Man
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Adjusting Entries – Examples Let’s work with some examples. We are working with a one year accounting period that ends on 12/31/X2. Let’s use a three step process. Step 1 – Analyze the transaction. Step 2 – Record in the journal. Step 3 – Post to the ledger. Example 1: On 12/31/X2 (before the adjusting process)‚ Supplies‚ an asset‚ has a balance of $2‚500. Employees take a physical account of the supplies on hand. That physical count reveals that $1‚200 of supplies remains. Step 1 ‐‐ The balance
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early twentieth century‚ yet out of this culture‚ a spirit was captured in song. Far more than a musical genre‚ musical storytelling defined a culture‚ people‚ and the attitude of African Americans in the south. The 1979 documentary Where the Blues Began chronicles the land and the people of the Mississippi delta throughout the origins of “America’s most distinctive song style‚” the blues. Music was a central part of African American culture in the Mississippi Delta‚ playing important roles in joyous
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10/3/12 Eric Kleszczewski Mrs. Knudson/English 10A Beowulf (unknown author): chapters 1-17 pg. 21-46 Beowulf Journal Entry #1 Since I was about ten years old‚ I’ve noticed that small children have no sense of real fear or danger. I have also observed that small children are very possessive and that if a small child is having trouble with something or wants to do something‚ whether it’s opening a jar‚ reaching the counter to get something they want‚ or just opening a new toy‚ they always
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First of all‚ according to Vinod (2008 -2013) books of prime entry are books where transactions are first recorded. These may or may not be part of the double system. These are not accounts; they are simply books that record details of transactions. Books of prime entry are also known as books of original entry / subsidiary book/ daybooks among others. In any organization where company’s buy and sell goods‚ will need to divide the journal into subsidiary books. And they are as follows: Sales
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C. Journal Entries Discussion Most of my journal entries were about communicating with family members‚ friends‚ and group members for school projects. Throughout my journals‚ using my phone to text was the main means of communication. This makes sense since nowadays is mostly focused on smartphones. A thing I noticed‚ when I communicated with my family members‚ is the older generation prefer to call instead of text. As a response to your question on my September 2nd journal‚ both methods of communication
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Diary of a Slave on a Plantation May 19‚1857 Today‚ I arrived at the plantation with my younger brother. I cannot believe that I had survived the entire journey from Africa to America below deck. Even though‚ I had tried to kill myself‚ twice‚ by not eating. Alas‚ they prevented me by placing some sort of screw device in my mouth in order to open it and force me to eat. After the second attempt‚ I realized there will be no one to take care of my young brother‚ so I tried my best to keep myself
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Civil Rights Moments Diary Antonette Brown HIS/145 March 21st‚2012 Amy Champ February 21‚ 1965 Dear Diary‚ This afternoon I went to the Audubon Ballroom to hear the great Malcolm X speak. When I got to the ballroom things was different there was protesters or police. Any other time Malcolm X meeting in the heart of Harlem had police everywhere. As usual I was with my boyfriend who followed every step of Malcolm‚ he believed that things needed to change and Malcolm
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Adjusting Entries Yvenie Desire ACCT205-1203A-11 June 9‚ 2012 Adjusting Entries Welcome to the company and as an accounting clerk for the department you will be working a lot with the accounting department and with me. I will be mentoring you on certain aspect of accounting and what needs to be done. First we’ll get started with why adjusting entries are necessary. “Adjusting entries ensures that the correct amount of revenues and expenses are recorded in a specified time period.” (Editorial
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