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A Treatise on Depreciation, Chapter 5
Plant assets (138) are assets of a durable nature that will be used for operations
over several years. Examples include buildings and equipment. They will be
recorded at cost according to the
Historical cost principle
ACNT 1303 REVIEW PROBLEM
Instructions: Prepare entries in t-account form to record the following
transactions for Gordon Delivery Service.
Jan.1 Gordon invests $20,000 in his delivery business.
3 Paid office rent, $1,600.
Paid cash for three m
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To use financial data and charts to summarize the key features of a
10-year business plan for Backspace Gear, a manufacturer of
backpacks in Kennewick, Washingon
What is Information Technology in
Large machines used in labs
Diagnostic machines such as MRI and X-ray
Computers for charting patient notes, history, and doctor
Sole- 1 owner, terminates at owners choice or death, owner is personally liable, not
separate taxable entities.
Partnership- 2 or more, terminates at a partners choice or death, partners are
personally liable, partnerships are no
CHAPTER 14-STATEMENT OF CASH FLOWS
Below is a format to be used in the preparation of a Statement of Cash Flows using the indirect method. Be aware that
you will only use those items that are applicable to a company.
Statement of Cash Flows
RECORDING MERCHANDISING TRANSACTIONS AND EVENTS
BUYER (Purchased merchandise)
TRANSACTION OR EVENT
Purchased goods on account:
SELLER (Sold merchandise)
ACCT 2401-CHAPTER 6
INVENTORY COST FLOWS
Under the perpetual system, detail records of inventory purchases are maintained. The cost of goods sold
and the reduction to inventory are recorded for every sale of an item of inventory. Therefor
HARRIS INDUSTRIES INC.
Statement of Cash Flows
For the Year Ended December 31, 2014
Cash flows from operating activities:
CHAPTER 4-CLOSING ENTRIES
For each fiscal year, a company measures its revenues and expenses to determine its profitability (revenues
minus expenses). Just as you report your taxable income to the IRS for a twelve-month period, a business
reports its prof
FINANCIAL STATEMENT ANALYSIS
NA Net Income
Ratio of Net Sales to Assets
Average total assets (ex
Finding and Evaluating a Source
(submit within Blackboard by midnight on February 9)
Important Instructions: This worksheet asks you to find one research source for your HR research project and
answer the questions on the p
CHAPER 2 00000ETHICAL DILEMMAS IN HR MANAGEMENT0
You overhear that an OSHA inspector will inspect your place of employment within the next week. Both
you and the plant manager are aware of a safety hazard at the plant. For financial
3C DISCUSSION QUESTIONS0
1. Summarize recent growth and trends in international business.
2. 0What are the basic international business strategies that firms can pursue?
Ethnocentric staffing model, polycentric staffing mode, and geocentric staffing model
Chapter 1 Terms
The Hawthorne Studies were conducted from 1927 to 1932 at a research plant called Hawthorne.
The hierarchy of human needs was developed during the human relations era.
Human relations era was the dominant approach to management during the
Chapter 1 Discussion Questions
1. Identify five examples of human resources in your college or university.
You have Financial Aide, Advisors, Professors, Administration, and Bookstore.
2. 0Summarize the evolution of the human resource function in organiza
3B HUMAN RESOURCES AND INTERNATIONAL MERGERS0
00000Case Summary Case Summary
Two large international mergers in summer 1998 may portend a new era in global consolidation. DaimlerBenz, a German luxury car and heavy truck manufacturer, acquired U.S.-based C
ACCT 2401-FINANCIAL ACCOUNTING
CHAPTER 11-STOCK TRANSACTIONS
Issuance of Stock for Cash
Elmo Corporation is authorized to issue 250,000 shares of common stock. On July 1, 20xx, the company issued 20,000
shares at $35 per share. Prepare journal entries in
2C DISCUSSION QUESTIONS
1. 0Describe the process through which the legal context of human resource management is
The catalyst for modifying or enhancing the legal context may be legislative initiative,
social change, or judicial rulings. Governme
Chapter 3 Terms
Culture refers to the set of values that helps an organization's members understand what it stands
for, how it does things, and what it considers important.
Direct foreign investment occurs when a firm headquartered in one country builds o
Chapter 2 Terms
Affirmative action represents a set of steps that are taken by an organization to seek out qualified
applicants from groups in the work force.
Bona fide occupational qualification (BFOQ) states that a condition like race, sex, or other per
Recording Bad Debt Expense-Allowance Method
% of Net Sales method
Adjusting entry to record
Accounts (Bad Debt Expense)
A specific account receivable
is determined to be
Income Statement Approach
ACCT 2401-PRINCIPLES OF FINANCIAL ACCOUNTING
Study Guide-Final Exam-Chapters 1-15
Accrual basis of accounting
Adjusting journal entries
Closing journal entries
Multistep Income Statement-know part