Accounting and Finance Management Assignment 2 Semester: 3 Prepared by: Osoba Seun Student Number: Sc-Kl-00021763 Email Address: josher4real@yahoo.com Date submitted: 17/01/2014 Question 1 Sales Budget September ($) October ($) Budgeted sales (units) 9‚500 Selling price per unit $12 Total sales 90‚000 114‚000 Schedule of expected cash collections: October ($) Account
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CXC CSEC Principles of Accounts Exam Guide Section 1: Introduction to Principles of Accounts SPECIFIC OBJECTIVES The students should be able to: CONTENT 1. Explain the concept of accounting; concept of “Accounting” and “Principles of Accounting” 2. State the purpose of accounting; Accounting as a business practice – the purpose of Accounting. 3. Identify the users of accounting information; Internal and external users Accounting information and their needs 4. Outline
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because the $3.5M bank loan is in violation of a loan provision (and the creditor has not waived his rights)‚ the full $3.5M is due and a current liability. Of the $1 M bank loan‚ interest that has accrued between June 30 last year and December 31 also needs to be shown as a current liability‚ along with the $500‚000 principal payment (1/2 the $1 million). The total interest is $50‚000‚ but only ½ of that has accrued between July 1 of the current year and December 31‚ so another $25‚000 should
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organizational structure‚ employees may find it difficult to know who they officially report - Unclear exactly who has the final responsibility for what. A company can have a clear mission‚ talented people‚ and great leaders and still not perform well because of poor organizational design. The structure will depend on the size of the business and the type of business. The larger an organization grows‚ the more need there is for formal structure‚ defined work assignments‚ and clear lines of authority
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enhance an understanding of the concept of conflicting perspectives. The audience can see that there is a great deal of ubiquity in relation to Conflicting Perspectives. Ted Hughes’ poetry gives his account of a tumultuous part of his life whilst Christine Jeff’s film portrays a different point of view than that given by Hughes’. It is through looking at Salinger’s novel‚ that the role of the authorial voice in contrast to the protagonists can create a conflicting perspective between the protagonist and
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term loan‚ which is from a bank. ______________________________________________________________________________ AS-3 ( 4 ) An investor pays $83‚333 for a bond‚ but will receive $100‚000 when the bond matures. Has the investor bought the bond at a discount or at a premium? The investor has bought the bond at a discount. A discount bond is bought below par (face ______________________________________________________________________________ value). At maturity the buyer receives the face value of
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000‚000. Shangri‑La has a substantial investment in a large parcel of land in Key Biscayne‚ Florida. The company originally paid $25‚000‚000 for the property two years ago and has since capitalized an additional $5‚000‚000 in taxes and other carrying costs. The property is zoned for single‑family homes‚ but Shangri‑La has been working diligently to have it rezoned for condominiums. As a site for condominiums‚ the property would be very valuable and the company has an appraisal to that effect
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What is Double Bind? A double bind is a dilemma in communication in which a person receives two or more conflicting messages and one message denies the other. These messages can be stated by body language or tone of voice. Double binds can be extremely stressful; one is trapped in dilemma‚ seemingly with no way out. Human communication is complex. Communication consists of the words said‚ and how these words are modified by tone of voice or body language‚ and the environment in
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Article Analysis From Enron to Tyco‚ accounting scandals have always been a worrisome issue in accounting. Regardless of how many internal controls there are‚ there will always be a chance for unethical practices in accounting. Where and when do these problems arise? This paper will analyze an article listing situations that lead to those unethical practices and behavior that lawmakers try to prevent. In his article “What Are the Causes of Ethical Lapses in Accounting‚” Jagg Xaxx writes that business
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CONFLICTING PERSPECTIVES ESSAY A composer has a purpose in intentionally assembling a text in order to depict their personal agenda. This is conveyed to the audience throuh the utilisation of the vehicle conflicting perspectives. Also‚ the presentation of a text significantly affects the audience’s overall perception of its set of values.These concepts are illustrated in the Shakespearean play‚’Julius Caesar’. Julius Caesar was published in 1623 during the Elizabethan Renaissance period
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