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Accounting
Accounting
Introduction
This paper intends to critically analyse the understanding of the legal and general background to restaurant accounting and how hospitality organisations demonstrate accountability. The main focus of this paper is to make a comparison between general accounting and hospitality industry organisation accounting. This paper shall provide deep insight regarding the ...
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MCAFR
[PRODUCT COSTING - ABSORPTION OR ACTIVITY BASED]
[Name of the institute]
Table of Contents
Purpose1
Introduction3
Discussion4
Advantages and Disadvantages of traditional costing system6
Advantages and Disadvantages of Activity Based Costing7
Comparison between Activity Based Costing and Traditional Costing System8
Example of traditional Costing and Activity Based Costing9
Activity Based costing approach10
Summary and Conclusion12
Reference13
Purpose
Accounting is considered to be among one ...
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Managerial Accounting
Abstract
Proper and sufficient internal control is very essential for businesses. The aim of internal control is to reduce financial fraud risk and financial misstatement. This memo will focuses on the managerial accounting internal control importance from management point of views. Furthermore, this memo would be addressing the company's CEO ...
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RITE AID CORPORATION
Rite Aid Corporation
Rite Aid Corporation
Brooklyn College-City University of New York
Department of Economics
Program in Accounting
Accounting 1- Principles of Financial Accounting
Examination of a Corporate Annual Report
Student's Name______________________________________
Select a company whose securities are traded on the NYSE, AMEX or NASDAQ. Do not select a company that is a financial institution, ...
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ACCOUNTING
Accounting
Accounting
Profit and Loss Statement
Department A
Department B
Department C
Department D
Turnover (Sales)
57500
53500
101850
115750
Cost of Goods Sold
Opening Stock
0
0
6500
2500
Purchase
0
0
30555
57875
Goods Available for sales
0
0
37055
60375
less: Closing Stock
0
0
5500
1500
Cost of Goods Sold
0
0
0
0
31555
31555
58875
58875
Gross Profit
57500
53500
70295
56875
less: Operating Expenses
Advertising
4900
4559
8679
9863
Gas and Electricity
4444
2667
1778
7111
Rent
5000
3000
2000
8000
General administration cost
2187
2035
3874
4403
General manager salary
9600
7198
4800
8400
Medical expenses
844
1011
1688
2955
Laundry and Cleaning
2720
2039
1360
2380
Maintenance cost
1944
1167
778
3111
Insurance
1600
1200
800
1400
Miscellaneous Costs
525
488
930
1057
Pension Costs
3377
4045
6753
11818
Salaries expenses
12000
9000
8000
15000
Depreciation ...
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JAMAICA WATER PROPERTIES
Jamaica Water Properties
Abstract
The case is about an accounting fraud that involves the Jamaica Water Properties, Inc. The fraud was characterized by misapplication of purchase method of accounting for acquisitions, recording fictitious assets, improper accounting for NOLCO, non-recording of appropriate allowances for uncollectible receivables, and misapplication ...
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IFRS
IFRS Contributes To Increased Transparency
IFRS Contributes To Increased Transparency
International Financial Reporting Standards is the combination of accounting standard. It states that how different types of the transaction and other accounting events should be reported in the financial statement. It is declared by the International Accounting Standards Board.
International ...
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LIFE COURSE PERSPECTIVE ASSIGNMENT
Life Course Perspective Assignment
Life Course Perspective Assignment
Part I
Social workers involved in refugee resettlement work are eager to learn all they can about the refugee experience. Social workers in these scenarios are learning from their clients, but they will also find it helpful to talk with other ...
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Business Plan for Launching Evening Daycare Service
Business Plan for Launching Evening Daycare Service
Introduction
This Business plan is proposed for opening an Evening Day Care Services in the country of Prince George's Country of USA located in the State of Maryland. The Business Plan described below covers the following sections regarding ...
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Accounting Puzzle
Accounting Puzzle
Accounting Puzzle
Research has divulged that multitasking can highly advance the productivity of a separate someone to a span where it is more looked frontwards to bring ahead mental force and a strong sense of urgency which it imposes. Technology has additionally modified the main concerns in ...