DiscussionSection_5_20090612

DiscussionSection_5_20090612 - Introduction to Financial...

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Click to edit Master subtitle style  9/22/09 Introduction to Financial Accounting UGBA102A Discussion Section 5   June 12, 2009
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 9/22/09 (1) Midterm Review Section Date :   Sunday June 14, 2009 Time : 9:00AM-12:00PM Location : C125 (2) Practice problems posted Announcements
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 9/22/09 1. Review of chapter 5 and chapter 6 2. Summary of chapter 7 and chapter 8 3. Problem/case solutions Agenda
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 9/22/09 Cost of Goods Sold Management Choices in Accounting for Inventories Inventory Processing Systems Periodic Perpetual Application of Matching Rule Inventory Costing  Methods Specific  identification Average-cost FIFO LIFO Inventory Valuation Methods Cost Market Cost of Goods Available for Sale Ending Inventory
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 9/22/09 Interest   Principal * Rate * Time Principal *  Factor Discrete Compounding n:  Compounding frequency r:  Nominal annual interest rate t:   Number of years Continuous Compounding
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 9/22/09 Please turn in your homework before we  start working on the solutions
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 9/22/09 Prepare a bank reconciliation for Unique Globe, Inc as of May 31, 2010 Problems : P7-1   Solution:  P7-1.1&2&3
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 9/22/09 Problem:  P7-1.4 Why is bank reconciliation considered an important control over cash? Problems
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This note was uploaded on 09/20/2009 for the course UGBA 102A taught by Professor Udpa during the Summer '07 term at University of California, Berkeley.

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DiscussionSection_5_20090612 - Introduction to Financial...

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