Accounting essays
Last update: January 23, 2016-
Accounting 5135 Answer Sheet
Accounting 5135 Fall 2016 Naples ANSWER SHEET FINAL EXAMINATION MULTIPLE CHOICE (36 Points; 3 points each) 1. c. Rest are above-the-line deductions. 2. b. Only tuition payments (or medical payments) made directly to the educational institution (or hospital) are not considered gifts. The promise here cannot be considered a quid pro quo since D receives nothing in exchange. Revocable trusts (or mere designation of beneficiaries that can be revoked any time) are not gifts because
Rating:Essay Length: 2,395 Words / 10 PagesSubmitted: September 11, 2017 -
Advanced Financial Accounting Past Exam Paper
AFA final exam paper 2011 2nd semester (answers included) Q1. Theory questions (total 5 marks) 1. “A Ltd owns 50% of the shares in B Ltd. Therefore B Ltd is a subsidiary of A Ltd” Explain why you agree or disagree with the above statement (3 marks) New IFR10 concept: control – when investor is exposed, or has rights, to variable returns from its involvement with the investee and has the ability to affect those
Rating:Essay Length: 5,525 Words / 23 PagesSubmitted: October 23, 2017 -
Fundamentals of Accountings
Introduction Accounting information needs related and trustworthy to help them in decision making (Fundamentals of Financial Accounting, 2014). Accounting concept is a must for every company, so that they can operate and run their company easily. It is used to solve company’s financial problem, summarizing and communicating financial information. Accountants have to plan financial statements according to standard rules of accounting called accounting principles and concept (Fundamentals of Financial Accounting, 2014). Money Measurement Concept This
Rating:Essay Length: 1,835 Words / 8 PagesSubmitted: November 14, 2017 -
The Institute of Certified Public Accountants of Kenya
QUESTION 1 ICPAK NATURE OF ICPAK The Institute of Certified Public Accountants of Kenya (ICPAK) was set up in 1978. The Institute is an individual from the Pan-African Federation of Accountants (PAFA) and the International Federation of Accountants (IFAC), the worldwide umbrella body for the bookkeeping calling. The Vision of the Institute is 'A world class proficient bookkeeping organization', while the Mission is 'To create and advance globally perceived bookkeeping calling that maintains open enthusiasm
Rating:Essay Length: 2,009 Words / 9 PagesSubmitted: November 19, 2017 -
Bba 2003 - Cost Accounting
BBA 2003 COST ACCOUNTING LEE CHI YEN 961231-56-5184 202284 AUGUST 2015 CONTENTS NO CONTENT PAGE 1 Introduction 2 2 Task 1 3-15 3 Task 2 16-18 4 Task 3 19-21 5 Coursework 22-27 6 Reference 28 Introduction There is a cost involved to purchase or produce anything. Costs may be different for the same product, depending upon the phases of completion. The cost vicissitudes rendering to the stage a product is in, for example, raw
Rating:Essay Length: 4,220 Words / 17 PagesSubmitted: December 8, 2017 -
Management Accounting
Introduction 1. Risk facing by Nando’s Environmental risk * Environmental risk has become more popular among business today because every business that they do, some of them might affect the environment such as air pollution and water pollution. These issues affect business because laws require businesses to change equipment and procedures to meet imposed standards, which costs businesses money. As for Nando’s, this issue is a slightly risk because they are not using so much
Rating:Essay Length: 961 Words / 4 PagesSubmitted: December 29, 2017 -
Accounting Case Study
Ayers The case study requested for ethical analysis revolves primarily around a work challenge faced by Oliver Bloom, who has just received a promotion to accounting manager at Dex Corporation’s headquarters in Raleigh, NC. Oliver was promoted to this position as part of his participation in the Leadership Development Program that company founder’s Neha Kaur and James Murphy setup for future development leaders and executives to become well acquainted with the challenges and details of
Rating:Essay Length: 1,446 Words / 6 PagesSubmitted: April 5, 2018 -
Business Accounting - Question Answers
* Question 1 Vilar Ltd is considering eliminating Model XP from its motorbikes line because of loses over the past quarter. The past three months of information for Model XP are summarised below: Sales (832 units): $254,845 Manufacturing costs: Direct materials: $157,006 Direct labour: $60,005 Overhead: $83,109 Overhead costs are 53% variable and all the rest are fixed costs (depreciation of special equipment for Model XP that has no resale value). What is the minimum
Rating:Essay Length: 1,140 Words / 5 PagesSubmitted: April 17, 2018 -
Clark Textile. Co. Manufacture - Accounting Question & Answers
1. Clark Textile. Co. manufacture various wood products that yield sawdust as a by product. The only costs associated with the sawdust are selling costs P0 per ton sold. The company accounts for sales of sawdust by deducting sawdust’s net realizable value from the major product’s cost of goods sold. Sawdust sales in 2010 were 12,000 tons at P40 each. If Clark Textiles changes its method of accounting for sawdust sales to show that net
Rating:Essay Length: 2,656 Words / 11 PagesSubmitted: September 14, 2018 -
Transit, Inc. - Accounting Question & Answers
1. The SCOUTERS acquired 70% of the net assets of the Bleachers for P1.1 million. The assets of The Bleachers have a book value of P1.2 million and a fair market value of P1.3 million; its liabilities are P0.2 million. What is the amount of ”excess of cost over book value of subsidiary” on the consolidated balance sheet? EASY 1. P0 million c. P0.2 million 2. P0.1 million d. P0.4 million 1. TRANSIT, Inc. sold
Rating:Essay Length: 1,801 Words / 8 PagesSubmitted: September 14, 2018 -
Accounting Complex Measurement System
Introduction Accounting is a complex measurement system, there are multiple languages around the world. This lack of a common accounting system opens up loopholes that mislead businessmen and investors, as financial statements are different from a country to another and therefore, so is the understanding of a company's performance. Nowadays, the growth of globalization and the opportunities on the global market are countless, thus, any international competitive company will face some challenges due to the
Rating:Essay Length: 1,680 Words / 7 PagesSubmitted: January 29, 2019 -
Accounting of Owens Financial Planners.
Question One: A) Owens Financial Planners Income statement as on December 31st 2017 Revenue Earned $5500 Operating Expenses Office supplies expense 600 Rent expense 1900 Depreciation expenses 2500 Total Operating Expenses -$5000 Operating Income before tax $500 B) Owens Financial Planners A Statement of Retained Earning’s as on December 31st 2017 Beginning Retained Earnings $4900 Net Income 500 Dividends paid -2500 Ending Retained Earnings $2900 C) Owens Financial Planners Balance Sheet As on December 31st
Rating:Essay Length: 552 Words / 3 PagesSubmitted: March 9, 2019 -
Bullishness on Accounting Challenges: A Troubleshoot in Conquering the Arduous Side of the Course
Appendix A UM TAGUM COLLEGE TAGUM CITY DEPARTMENT OF ACCOUNTING EDUCATION June 2018 Name: Position: Address: Dear SIR/ MA’AM, We, the 4th year students of Bachelor of Science in Accounting Technology are conducting a thesis entitled “Bullishness on Accounting Challenges: A troubleshoot in Conquering the Arduous side of the Course”. In connection with this, we are humbly asking for your permission to allow us to conduct our research study here in the UM Tagum College.
Rating:Essay Length: 6,405 Words / 26 PagesSubmitted: May 16, 2019