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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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AUDITING
Auditing - Introduction, Background & Marketing Strategy of Greggs PLC
Introduction3
Background Research3
Marketing Strategy3
Part C of the Assignment4
Audit Program4
Audit Strategy5
Audit Plan5
References7
Auditing - Introduction, Background & Marketing Strategy of Greggs PLC
Introduction
The company selected for the purpose of conducting an audit is Greggs PLC. The largest United Kingdom's bakery chain, Greggs PLC has ...
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AASB 8
Australian Accounting Standards Board (AASB 8)
Introduction1
Discussion2
1. What is the Scope of AASB-8?2
2. Operating Segment2
2.1. Advantages of Operating Segment (AASB 8)3
2.2. Disadvantages of Operating Segment (AASB 8)4
3. Determination of an Entity's Reportable Income4
3.1 Aggregation of operating Segment [Para 12 of AASB-8]4
4. Measurement of Operating Segment information5
5. Generation of Useful Information ...
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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 ...
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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 ...
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Financial Analysis of City of Cincinnati
Introduction3
Discussion3
Difference between the Accounting of Government with the Commercial Entity4
Revenue4
Expenses4
Profit4
Ownership & Equity5
Reporting Entity5
Management's Discussion and Analysis6
Conclusion7
References8
Financial Analysis of City of Cincinnati
Introduction
Purpose and structure of governments is primarily different from the commercial enterprises in many ways. Government is supposed to overlook a wide range of activities. ...
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Corporate Governance
Corporate Governance
Part 1
Section A
Introduction
Corporate governance is the system of mechanism under which companies and are controlled and given directions. The governance of companies is the responsibility of the respective boards of directors. The appointment of directors and auditors are the prerogative of the shareholders so that they are assured ...
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Accounting Analysis of Quattro Paperless
Accounting Analysis of Quattro Paperless
Introduction
Use of accounting techniques is vital for every business, without an effecting management of accounts a company would not generate desired goals. This assignment of our entirely focuses on understanding and implementing the accounting concepts used in the organizations. The ...
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Accounting ethics
Accounting ethics
Introduction
It is known that Enron went bankrupt around ten years ago and disappeared from corporate world, but ethical standards affected by Enron case are not forgettable. The fame Enron earned in the world during 16 years of struggle and established its asset value from USD 10 billion to ...
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MANAGEMENT ACCOUNTING
Management accounting
Management accounting
Part 1: Value drive management accounting
Introduction
In businesses, it is observed that there is excess of new approaches to enhance and improve the performance of the business, which includes: flatter organizations, total quality management, improving continuously, empowerment, kaizen, business reengineering, team building and so on. Among these ...