Current liabilities are obligations that require payment within the coming year or operating
cycle, whichever is longer.
Generally. current liabilities are settled with existing current assets or operating cash
An accrual is the re
When a company increases its allowance for uncollectible accounts, it also records
bad debt expense in the income statement. If a company overestimates the allowance
account, bad debt expense is too high and net income
PART A Multiple Choice (15 Marks 30 minutes)
1. Which of the following groups would likely not be interested in the financial statements of a large
public company such as Berkshire Hathaway?
D) Taxing agencies
78-611-01: Accounting Concepts and Techniques
Master of Management
Tuesday and Thursday (10:00am to 11:50am)
Dr. Peter Savoni
Tuesday and Thursday 12:00pm
The English Learner`s Guide to Chinglish.
1 When asked about., the vast / overwhelming majority of/most / many / quite a
few people say /think /believe /answer that.
But other people regard / view / see / think of. . as.
I think /view quite a bit differe
accompany vt. 1. 2.
Your Work or Your Studies
Do you work or are you a student?
Well, I am a senior in Zhejiang University and Im planning to pursue my
masters degree in the U.K after my graduation. Thats why I take t
A College Tour
Im fairly keen on
Im really into
Im quite a big fan of
I simply adore
Im quite enthusiastic/passionate about
I generally preferto
Im pretty fond of
Im totally mad about
Im obsessed with
Im fascinated by
1. abide by(=be faithful to; obey);
2. be absent from.
3. absence of mind(=being absent-minded; mind wandering)
4. absorb(= draw/attract ones attention ) ( ) be
absorbed in be engrossed in; be lost in; be rapt in;
"I need to learn English, which is very important because itll help me get a good
job in international trade, which I'm studying right now."
"I work in a software company as a computer programmer, which is
_ is one of the most striking(apparent, evident, manifest, crystal-clear,
staggering, arresting, ama ing, eye-catching, astonishing, alarming, shocking,
unprecedented ) subjects of the modern society.
According to the first graph, it can be seen that _, it can also be concluded from it
There is an interesting and instructive picture which goes like this: _.
Nowadays there is a growing concer
1. important =crucial extremely importantsignificantamount or effect large enough
to be important
2.common=universal, ubiquitousif something is ubiquitous, it seems to be
3.abundant=ampleenough and usuall
Deli-Delights Inc. is a U.S. company that is considering expanding its
operations into Japan. The company supplies processed foods to storefront
delicatessens in large cities. This requires Deli-Delights to have a centralized
Write Experience Assignment
Crisis at Canoe
Student Name: Chen Li
Student Number: 104649543
Course: 04-78-600-01 Business Communications- Part 2
Instructor: Prof. Sandra Neposlan
Writing Support Date: February 4, 2017
Submitted Date: February 10, 2017