Assignment on Accounting
Accounting forms the backbone of all business operations and refers to the analysis and reporting of all financial transactions. Despite being a speciality subject, the field makes use of concepts from other domains as well. Writing a good accounting assignment is therefore a difficult task which requires stringent research. In order to meet these research needs, Researchomatic has provided a section dedicated to accounting assignments.
Accounting Analysis
ACCOUNTING ANALYSIS Accounting Analysis Stage 1) Chart of Accounts Current Assets Accounts Receivable 34,112.50 Bank West Cheque Account 35,987.52 GST Collected 1,649.52 Inventory 12,741.25 Petty Cash 50 Prepaid Expenses 500 Current liabilities Accounts Payable 11,185.95 Accrued Expenses 375 PAYG Liability 3,669.00 Superannuation Liability 595 Non Current Liabilities Bank West Loan over 8 years 250,000.00 Non Current Assets Furniture and Fittings at Cost 7,475.00 Motor Vehicles at Cost 50,880.00 Office Equipment at Cost 3,300.00 Equity Capital Introduced 100,000.00 Owner's Equity 30250 Current Assets: Current assets are important to businesses ...- 2305 Words
- 10 Pages
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Non Profit Accounting
Non Profit Accounting Non Profit Accounting Answer 1) The City of Cricket Hill Statement of Activities Fiscal Year Ended December 31, 2009 Temporary Permanent Un-restricted-Net- Assets Restricted -Net- Assets Restricted-Net-Assets Total REVENUES General property taxes revenue $13,000,000 $13,000,000 State Grants $ 4, 000,000 $4,000,000 Foundation Contri - public safety $ 1, 200, 000 $ 1, 200, 000 Corp Contri - ...- 1983 Words
- 8 Pages
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Case Study
Case Study Case Study Why would reclassifying period costs and product costs increase this period's reporting earnings? In order to understand the reason of how reclassifying periodic cost as product cost can increase the earning of that particular year, it is essential to understand both the costs first. Periodic costs are not the ...- 579 Words
- 2 Pages
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Social And Envoinmental Accounting
SOCIAL AND ENVOINMENTAL ACCOUNTING Social and Environmental Accounting Social and Environmental Accounting The accounting profession has considered itself as ethical ever since the first up to date professional accounting body was based in the second half of the 19th Century. However, the cipher by which constituents have compelled themselves have been professional ethics ...- 658 Words
- 2 Pages
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Proprietorship Business Transactions
Proprietorship Business Transactions Proprietorship Business Transactions Magnolia Greens Frisbee Golf Course Journal Entries Journal Entry Date Accounts Debit Credit 1-May Cash $20,000 Owner's capital $20,000 3-May Land $12,000 Land - Shed $2,000 Equipment $1,000 Cash $15,000 5-May Advertising expenses $700 Account Payable $700 6-May Prepaid insurance $600 Cash $600 10-May Equipment - Golf discs and other equipment $1,050 Account Payables - Discs Are Us $1,050 18-May Cash $1,100 Service revenue - golf fees $1,100 19-May Service revenue $1,500 Unearned service revenue $1,500 25-May Owner's Drawings $800 Cash $800 30-May Salaries and wages expense - ...- 1466 Words
- 6 Pages
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Ratio Analysis
Ratio Analysis Ratio Analysis Introduction Ratio analyses are an integral and important part of the financial analyses of the company, because with the help of ratio analyses the company can effectively monitor the performance of the company, further, can compare it with the industry performances (Gibson, 2010). Q1) Representation of Ratios The calculation of ...- 684 Words
- 3 Pages
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Assignment 1 activity-Based Costing (Abc) In Service Industries wal—mart Stores, Inc
Assignment 1 Activity-based Costing (ABC) in Service Industries Wal—Mart Stores, Inc [Name of Instructor] [Class] Assignment 1 Activity-based Costing (ABC) in Service Industries Wal—Mart Stores, Inc Introduction Wal-Mart stores (Wal-Mart) are the world's largest retailers. At the end of January 2008, when the company operated 971 discount stores, 2447 supercentres, 591 Sam's Clubs and 132 Neighborhood Markets in the ...- 2067 Words
- 9 Pages
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Discussion Board
Discussion Board Discussion Board Job Order Costing Job order costing determines its cost of production based on estimates for the orders being provided by the customers. For organizations considering individual jobs as a sole unit of output or where a diverse set of products are offered by the firm this costing method is ...- 1664 Words
- 7 Pages
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Accounting Analysis
Accounting Analysis Accounting Analysis Introduction This paper intends to make a critical analysis of chosen article. The main focus of this paper is to answer the given four questions regarding accounting. The article describes the Pro forma reporting in detail and further it compares Pro forma with the GAAP earnings disclosure. Discussion According to ...- 670 Words
- 2 Pages
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Auditing
Auditing The Development of Auditing over 1933 to 1940 The Development of Auditing over 1933 to 1940 Introduction Audit is the procedure of the independent evaluation of the organization, system, process, project or product. Most often the term occurs in the accounting business. The process and the procedure of the audit has been ...- 2989 Words
- 13 Pages
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