Rating
Accounting Analysis
[Name of the Institute]Accounting Analysis
Car
Age (years)
Selling Price (£000)
1
9
8.1
2
7
6
3
11
3.6
4
12
4
5
8
5
6
7
10
7
8
7.6
8
11
8
9
10
8
10
12
6
11
6
8.6
12
6
8
The above data shows that the relationship between the cars that have been existing in the market and the selling price of the different car. As from the data it is shown that the car who has been existing since last nine ...
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Accounting Analysis
Gonzo - and cannonball business
Introduction
The focus of this paper would be on Gonzo - and his cannonball business in which a suggestion would be given to Gonzo concerning the Gonzo'sup front cost, how much he makes per show and profit and loss at the end of the year. Entire ...
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Financial Management for Human Service Administrators
Financial Management for Human Service Administrators
Profit and Nonprofit Organizations
Profit organizations aims to maximize profits and forward it to shareholders and owners. Profit organizations are have to pay taxes on their net income and have to prepare their balance sheet for every quarter. Owner's equity is ...
Rating
Cloud Computing - Accounting Systems
Cloud Computing - Accounting Systems
Introduction
In the current era, technological development has brought various changes in every field of life. These changes have enabled people to bring ease and convenience in their work procedures while ensuring the integrity of their work operations. While considering all technologies, the ...
Rating
Budget Proposal
Budget Proposal
Department of Homeland Security
(Security Equipment Budgetary Plan)
Proposed Budget of January, 2014
The department of homeland security was established right after the attacks of September 11, 2001. The department was created through the integration of 22 federal departments to strengthen and eliminate the risks related to homeland security. The DHS ...
Rating
Revenue Review
Revenue Review
Introduction
The significance of a budget can only be well anticipated and comprehended if it is understood as to what is a budget? A budget is an approximation of the inflows of revenues and incurring of expenditure over a period of time, usually a year (Investopedia 2009). It can ...
Rating
Accounting Information System
Accounting Information System
Overview of the Accounting Information Systems
Accounting Information System or AIS is a collective resource that is made out of a collection of processed financial and accounting data. This processed data is then come into use for making prompt decisions. It is in general a perfectly ...
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ACTIVITY BASED COSTING
Activity Based Costing
Activity Based Costing
Ans1- The two budget control statements would be prepared that would demonstrate the production, planning and development department for the period ending on 31st October. The variances in the budget will be calculated by comparing the actual cost with budgeted figures. Therefore, the values ...
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Introduction to Financial Accounting
Financial Accounting: Quattro Paperless Office
Steven and Sussan
Chart of Accounts for September 2013
Asset Accounts
No.
Account Title
To Increase
101
Cash
Debit
102
Bank deposits
Debit
103
Scanners
Debit
104
DigitizeMe
Debit
105
Furniture and Equipment
Debit
Liabilities
110
Bank Overdraft
Credit
111
Accounts Payable
Credit
112
Payroll Tax Payable
Credit
113
Income Tax Payable
Credit
114
Long Term Loans
Credit
Owner's Equity Accounts
290
Share Capital
Credit
291
Dividends Paid
Credit
292
Retained Earnings
Credit
Operating Expense Accounts
500
Advertising
Debit
501
Salaries expense
Debit
502
Insurance
Debit
503
System Expense
Debit
504
Bill
Debit
505
Payroll
Debit
506
Other Payments
Debit
507
Office Expenses
Debit
508
Utilities
Debit
Revenues
810
Interest Revenues
Credit
811
Sales/Revenue
Credit
812
Investment Income (interest/dividends)
Credit
Cost Of Goods Sold
820
Purchases
Debit
821
Other ...
Rating
Case Study 7b - Partnerships
Case Study 7b - Partnerships
1.
General Journal Entries
Date
Particulars
Debit
Credit
1
Inventory
5000
Cash
5000
(To record the purchase of inventory)
2
Dep Exp. (Studio and Equipment)
33000
Allowance for Depreciation (Studio and Equipment)
33000
(To record the depreciation expense of studio and equipment)
3
Dep Exp. (Motor Vehicles)
4000
Allowance for Depreciation (Motor Vehicles)
4000
(To record the depreciation expense of motor vehicles)
4
Purchase of Building
124000
Cash
124000
(To ...