Capital account Essays

recognized its credit card receivables as a net allowance for uncollectible accounts. The allowance was reported as affected by “the impaired accounts, historical charge-off patterns and management decisions.” In 1998, the management automatically recognized the uncollectible accounts against customers who had balance that was past due by eight times the minimum monthly payment. In this way, Sears can identify the delinquent accounts and control the “uncollectible expenses.” By identifying customers’ payment

Choice and True/False Statements (3 points each) Please answer the following questions. 1. If a company uses the allowance method to account for uncollectible accounts, the entry to write off an uncollectible account only involves balance sheet accounts.. a. True b. False 2. Allowance for Doubtful Accounts is debited under the direct write-off method when an account is determined to be uncollectible. a. True b. False 3. Employee payroll deductions include each of the following except a. federal

balance sheet. Statement of financial position 2010 2009 Assets Total % of total assets Total % of total asset Current assets Cash and equivalents $319,944.00 20.00% $492,759.00 34.66% Short-term investments $1,637.00 0.12% Account receivable $195,247.00 12.21% $213,929.00 15.05% Inventories $219,593.00 13.73% $233,467.00 16.42% Other current assets $58,877.00 3.68% $56,884.00 4.00% Total current assets $793,661.00 49.61% $998,676.00 70.25% Property plant and equiptment $91

To Check Account Balance Bank of America The America bank deals with you decide the hard cash back transaction you desire right in your Online or Mobile depository. Pay for your acquire with a Bank of America debit or credit card and the hard cash back you receive is repeatedly qualified to your description by the end of the next month. It's that effortless. Finance with common checking account features The features that approach ordinary with most inspection accounts can be a large help when it

Sales to assets ratio 6.64 6.74 Sales to Net Fixed Assets 19.59 20.21 Net Fixed Assets/Equity 4.34 4.85 Accounts Receivable Turnover This ratio measures the number of times receivables turn over in a year and reveals how successful a company is in collecting its outstanding receivables. A higher number is preferred because it indicates a shorter time between sales and cash collection. The accounts receivable turnover for Siddhi poly clinic pvt ltd is 60.04, which compared to the base year of 60.67

Accountants are often privy to private and sensitive information about their clients, such as bank account numbers. It is very important that the trust between an accountant and their clients are not abused as accountants have a good deal of power in regard to their clients. It is also important that the industry itself is not condemned as an unethical

07-10. Goethite #2. The tangram temple. When you look closely at a Goethite side view of its polyhedral structure, it curiously takes the shape of one of this well know Japanese triangle game called Tangram. Is there any connection between the two? Difficult to say but troubling coincidence all the same. 07-11. Goethite #3. Futurism dealt with a lot of curves and repetitive patterns. Could Geothite have been the secret inspiration of this artform? From prehistorical cave dwelling to the easel of

The concept of the value chain first came into being when Michael Porter described it in his 1985 best selling novel “Competitive Advantage: Creating and Sustaining Superior Performance”. The value chain is a model that describes a series of value adding activities connecting a companies supply side with its demand side. The value chain model gives managers the opportunity to analyze and redesign their internal and external processes to improve the firms effeciency and effectiveness. The main objective

‘The human spirit must prevail over technology’. – Albert Einstein With advancement of technology and popularity of applications like WhatsApp for communication at work place, many organizations face challenges in framing their communication related policies at work. While formal and hierarchical forms of communication are more authentic, it is the informal mediums of communication like WhatsApp that actually help in creating a bond between employees thereby having an impact on their productivity

Over the past few years , the growth of both tech hardware and the internet has had a direct correlation with eCommerce. Just as the internet has grown into the desired medium for marketing, advertising, and purchasing of products, goods, and services; eCommerce has grown to rival traditional shopping in many ways.Logistics has come a long way in the business world .There was a time when the retailers used to directly source goods from suppliers and manufacturers. Today, there are eCommerce fulfillment

David Hume and Adam Smith have both laid down essential monetary theories that form the basis of macroeconomics today. The quantity theory of money and the labour theory of value explained to humans how money affects us in our daily lives. Most people do not ponder over this in detail, but thanks to Hume and Smith, we can learn more about money’s role in economics by reading their essays (of money) and book (Wealth of Nations), respectively. According to David Hume, money is not a subject of commerce

et al. Date Account Credited Post. Ref. Credit Card Expense DR Accounts Receivable CR Sales CR Sales Tax Payable CR Other Accounts CR A Cash Payments Journal or Cash Disbursement Journal (CPJ/CDJ) is used to record all the

I am responding to your request for an evaluation of Colleen Karmichael. Colleen was hired as a clerk-typist by Bay City Informative Systems on April 4, 2012 and was promoted to Administrative Assistant on August 1, 2013. At her review in June, I recommended that she be promoted again. She is an intelligent, young woman with good work habits’ and a good knowledge of computer software. As an Administrative Assistant, Colleen not only handles routine tasks such as processing time sheets, ordering supplies

1. Check the back table for any measurement sheets that have been filled out. 2. Make sure the sheet is filled out correctly and has been initialed by the individual who measured the client. If it’s not filled out correctly do not record it! 3. You then add the inches lost for the measurement sheet onto the white board, making sure the measurements are taken in the current month. Eg. If it is Presently December, make sure the measurements have been taken in December by checking the date on

a monetary measure. There is as well Real GDP and Nominal GDP. Nominal GDP is based on prices and has not been adjusted. Real GDP is the price level adjusted. Figuring out the real GDP can be by dividing nominal over the price index. As we take account for the things produced, also keep in mind some things cannot be included in GDP. First GDP excludes non production transaction and another thing that is not accounted for are shortcoming of GDP. Non production item include paper for paper, or as

As President of the United States of America, my duty is to protect, preserve, and defend the constitution, as well as, making economic adjustments to assist my people. Essentially, the gross domestic profit (GDP), including exports, must be increased by economic growth. The GDP totalizes the market value of goods and services within the borders of the United States. I propose that the economic growth of this country will increase by developing a stronger force on the affordable care act, increase

Other treaty promises were also broken. The Nez Perce were promised $200,000 to be paid in scheduled annuities by the 1855 treaty. Congress later reduced this amount to a mere $40,000. None of this was received by the Nez Perce until 1862, when a small first payment of $6,396 was finally paid. There is no record of other payments received, so that may be the total amount for all the millions of acres of ancestral lands relinquished to the U.S. government by the Nez Perce. In 1862, the U.S. military

Achievements This week: 1. Ross wanted additional analysis of the SNS/Provyde/Alfina Invoices. This required a deeper analysis into the spreadsheets and splitting them into pieces so that individual cases can be determined. 2. A deep analysis of the BWG Elavon invoices was required in order to determine the rates that we are being charged by Elavon as compare to Card works. This required inspecting every element of the credit card charges and statistically analyzing per transaction charges and rates

Towania Mims BUL3310 Discussion 5 1. What principles apply to attribute liability between these parties? The principles that apply to attributing liability in this case focus on long-standing practices wherein any blank-endorsed cashier check, such as those cashed by the employee in this particular case are applicable under the UCC when a bank exchanges money over to the party that is given to a person that is unlawfully in possession of these checks or instruments, the holder or company that holds

DEFINITION of 'Comparative Advantage' The reason of a countries engage in the international trade even one country more efficient to produce every single particular goods than other country. The theory of Absolute Advantage founded by Adam Smith on 1776 to describe an entity is the best at doing something than other competitors, in other words, the productivity of each unit of labor is the highest by using the same resources level. Ricardian Model Comparative advantage is an essential concept