Ch.2- Accrual Accounting and Income Determination Under accrual basis -Revenues are earned when the seller completes performance required by an agreement. QA- Flying Carpet Tourism company purchased some cares for 24‚ making a down payment of 14 and signed a note payable for the remaining. How do you record this on cash basis once and on accrual basis another. Answer: Accrual basis: Expenses 24 Cash basis: Expenses 14 QB- Company A made sales revenue of 150 thousands
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statement reporting and MACRS for income tax reporting. At December 31‚ 2012‚ the carrying value of the building was $30 million and its tax basis was $20 million. At December 31‚ 2013‚ the carrying value of the building was $28 million and its tax basis was $13 million. There were no other temporary differences and no permanent differences. Pretax accounting income for 2013 was $45 million.On January 1‚ 2010‚ Ameen Company purchased a building for $36 million. Ameen uses straight-line depreciation
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Basis for Christian Ethics Ethics are standards of conduct or guidelines for behaviour. We often qualify ethics to apply to a particular profession or group‚ as in medical ethics or legal ethics‚ by which we mean the expected behaviour and conduct of members of a particular profession to their clients and to other professionals. Professional ethics apply only to members of that profession and are not intended to apply to conduct generally. Being a Christian is not an accident of birth or membership
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The Cellular Basis of Reproduction and Inheritance Chapter 8 Order Reproduction Growth and development Energy processing Response to the environment Regulation Evolutionary adaptation http://www.youtube.com/watch?v=46Xh7OFkkCE Introduction Cancer cells start out as normal body cells undergo genetic mutations lose the ability to control the tempo of their own division run amok‚ causing disease In a healthy body‚ cell division allows for: growth the replacement of damaged cells development from
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relative advantages and limitations of financial statements prepared on a cash basis with those prepared on an accrual basis” To compare the advantages and limitations of different financial statements begins with first understanding what financial statements are and what different purposes they can be used for‚ as well as the differentiation between cash and accrual accounting. The cash and accrual methods of accounting are the two principle ways of keeping track of businesses takings and expenses
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Chemical Basis of Life Chemistry Atoms – smallest particle of an element Subatomic particles: * Protons * Neutrons * Electrons Molecules – a unit formed by 2 or more atoms joined together Elements Compounds Mass Weight Inorganic Compounds – molecules that do not necessarily contain a carbon Organic Compounds – always contain large amounts of carbon * theses are the molecules composing living things – organisms Biologically important Inorganic Molecules
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TRAITS AND PERCEIVED STRESS AMONG THE NON-TEACHING STAFF OF CEU MAKATI: BASIS FOR JOB SATISFACTION YSABEL THERESE CORDERO‚ KIRSTEN MAE RAMOS‚ DIANNE MONIQUE VEJANO & AUBREY ROSE ZAMUDIO College of Science and Technology Centro Escolar University-Makati‚ Gil Puyat Ave. Makati‚ Philippines Abstract This study was intended to seek the Personality traits and Perceives Stress of the non-teaching staff of CEU Makati-Gil Puyat as basis for their Job Satisfaction. By the use of purposive sampling technique
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INTRODUCTION In this unit we will discuss the inter-dependence of philosophy and education. After discussing the impact of philosophy on education and vice-versa‚ we will describe briefly the different schools of philosophy viz. Naturalism‚ Idealism and Pragmatism‚ and their implications for education in curriculum‚ role of the teacher and the nature of discipline. While explaining the ideas advocated by different schools of philosophy on above concepts‚ this unit will also incorporate the views
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ISSUE OF THE CASE are the communications elicited by the subject three (3) questions covered by executive privilege? Second‚ did the respondent committees commit grave abuse of discretion in issuing the contempt order? BASIS OF THE CASE I The Communications Elicited by the Subject Three (3) Questions Covered by Executive Privilege Whether the president followed up the (NBN) project Were you dictated to prioritize the ZTE Whether the president said to go ahead and approve the project
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6. Rational basis test: is a deferential standard of review asks if the governmental classification at issue is rationally related to a legitimate governmental interest. The Judge was correct in his initial statements but he also harbored a large bias to black community. The judge told Brigance that he needs to not risk his job and family just because of that black man in custody. The state representative and the judge were working together to keep assert their white dominance over this black man
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