Brief Exercise 11.1 Alpha Company Stockholders Equity section of the Balance Sheet Issued and outstanding common stock (10‚000 * 10) 100‚000 Additional paid-in capital (10‚000 * 3) 30‚000 Total paid-in capital 130‚000 Retained Earnings 75‚000 Total Stockholder Equity 205‚000 Brief Exercise 11.2 Beta Company Stockholders Equity section of the Balance Sheet Issued and outstanding common stock (10‚000 * 25) 250‚000 Issued and outstanding preferred stock (10‚000 * 100) 100
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Introduction to Accounting Instructor : M. Morshed (MDM) Senior Lecturer‚ School of Business. Semester : FALL Year : 2012 Submitted by Robiul Hassan Labib ID – 1220296030. | | | | Question 1: Explain using various examples‚ how the major accounting concepts
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MBA‚ ACA‚ AMNIM Lecturer‚ Department of Accounting‚ Ahmadu Bello University‚ Zaria. ABSTRACT The Nigerian environment of accountancy profession has found it difficult to bring together accountants in the academics and in practice for the advancement of the profession. Whereas the accountants in practice are viewed as the real professional accountants; accountants in the academics are mostly considered as the providers of preliminary training to the would-be professional accountants. This paper
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BUSN1002 Financial Accounting Processes Semester 2‚ 2013 LECTURE OUTLINES 1 – 6 Topic Coordinator: Philip Palmer Room 3.70 Law and Commerce Building Email: philip.palmer@flinders.edu.au Ph: 8201 2013 FLINDERS UNIVERSITY FLINDERS BUSINESS SCHOOL BUSN1002 Financial Accounting Processes Philip Palmer Lecture Outline 1 Introduction to Financial Accounting Reading: Hoggett et al.‚ Chapters 1 and 2 1 Introduction to Accounting Accounting is an information system designed to
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The Australian Labor Party was formed during the 1890s‚ it is the oldest political party. The first elections were contested by Labor candidates in 1891. Labor competes against Liberal party. The ALP formal name was Australian Labour Party in 1908 but changed the spelling into Labour in 1901 The Labor party is a democratic and socialist party .The ALP was not founded as a political party until 1901. Labor’s promise is to give justice to the people working and give the quality of education no matter
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Case 3-6 Accounting Standards A. Given the income statement effects of LIFO versus FIFO‚ how will the balance sheet inventory amounts differ between General Motors and Ford versus Honda and Daimler-Benz? In other words‚ will inventory be reported amounts representing recent costs or older historical costs? In your opinion‚ which balance sheet amounts would be more useful to financial statement users in making decisions to buy or sell shares of a company’s stock? Inventory is an asset that
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antagonist is a lady who does not live in Paris. She is not young and attractive‚ but she is very talkative and she asks the author to have a chat with her during the lunch time in a very expensive restaurant. William agrees and all his problems starts from that moment. His acquaintance possesses a manipulating and insincere personality‚ while the protagonist is good‚ kind‚ and pleasing. She gets what she wants while the protagonist must pay the price for taking such a person out to lunch because he is
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Black Panther party are the African American revolution party found in 1996 in Oakland. It is a police violence in the black community. Black panther party inspired black to fight for their rights. Black Panther is one who knows how to defence and fight for themselves to be alive. The result was decreased the harassment and increase the brutality. Huey P. Newton says that “Black Panther Party is the vanguard party of the mass of black party”.Black Panther Party is the part of the political program
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stakeholders demand more from financial information to non-financial information. Not only the numerical information tell the conditions of an organization to the stakeholders‚ but transactions‚ changes in information technology‚ markets and risks and changes in laws and regulations are crucial to them as well. ICAEW defined external assurance as the provision of an independent opinion by an expert (chartered accountants) on information prepared by one party for the benefit of another parties. By providing
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also described management styles that bring large portions of the supply chain not only under a common ownership‚ but also into one corporation (as in the 1920s when the Ford River Rouge Complex began making much of its own steel rather than buy it from suppliers). Vertical integration is one method of avoiding the hold-up problem. A monopoly produced through vertical integration is called a vertical monopoly. Nineteenth-century steel tycoon Andrew Carnegie’s example in the use of vertical integration[1]
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