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Event 6 Adjustment for Recognition of Uncollectible Accounts Expense Using the percent of revenue method, Allen’s Tutoring Services recognized uncollectible accounts expense for 2015.
24 trang | Chia sẻ: huyhoang44 | Ngày: 26/03/2020 | Lượt xem: 739 | Lượt tải: 0
The accountant’s role requires trust and credibility. Accounting information is worthless if the accountant is not trustworthy. Therefore, the accounting profession requires high ethical standards.
21 trang | Chia sẻ: huyhoang44 | Ngày: 26/03/2020 | Lượt xem: 515 | Lượt tải: 0
The accountant’s role requires trust and credibility. Accounting information is worthless if the accountant is not trustworthy. Therefore, the accounting profession requires high ethical standards.
21 trang | Chia sẻ: huyhoang44 | Ngày: 26/03/2020 | Lượt xem: 577 | Lượt tải: 0
The INSERT INTO operator inserts data into a SQL table. The UPDATE operator is for updating data in a SQL table. The DELETE FROM operator deletes data from a SQL table. SELECT DISTINCT clause selects a column without showing repetitive values. The BETWEEN operator can be used to specify the end points of a range. Membership Operator (IN) a...
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Event 3: JPS collected the balance of the account receivable from the customer that purchased the goods in Event 1a. The discount was 1/10, net 30. Payment is received within the discount period. Decrease assets (accounts receivable). Decrease equity (retained earnings). Event 3 ALT1: The collection occurs before the discount period has expired...
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Cash basis accounting can distort the measurement of net income because it sometimes fails to properly match revenues with expenses. The problem is that cash is not always received or paid in the period when the revenue is earned or when the expense is incurred.
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BPMN stands for business process modeling notation The Object Management Group maintains the BPMN specification First specification issued in 2004 widely adopted Specifically designed for process modeling Designed to be understood by business people Software available to support modeling and subsequent process simulation
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Inbound logistics are the activities associated with receiving and storing raw materials and other partially completed materials, and distributing those materials to manufacturing when and where they are needed. Operations are the activities that transform inputs into finished goods and services (e.g. turning wood into furniture for a furniture ma...
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Traditionally, large companies have distributed expensive annual reports with many color photographs. Increasingly, however, companies are issuing more modest annual reports or are simply distributing their 10-K reports.
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QuickBooks Desktop QuickBooks Pro QuickBooks Premier QuickBooks Enterprise QuickBooks Online
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