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Imagine that you have been asked to make a presentation before your organization's board of directors on how financial information flows through an accounting information system.
To make your presentation move smoothly from the beginning to the end and not to lose any of the board members (and to keep them awake):
Create an outline that shows the flow of information and the steps in the accounting cycle necessary for their understanding.
Include some notes on each step so you have a cheat sheet (Makes you look and sound brilliant. Think promotion!).
Keep your creation simple.
Describe fully the steps in your outline.
using the appropriate interest table compute the present values of the following periodic amounts due at the end of the
A corporation that has both preferred and common stock has a deficit in accuulated earnings and profit at the beginning of the year. The current earnings and profits are $25,000.
For each transaction, indicate whether it would normally be recorded in a cash receipts journal, cash payments journal, sales journal, single-column purchases journal, or general journal.
wheelco a foreign corporation manufactures motorcycles for sale worldwide. wheelco markets its motorcycles in the
What information is commonly provided by a job seeker on the application for employment form?
last year the return on total assets in jeffrey company was 8.5. the total assets were 2.9 million at the beginning of
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ben and john formed bcd inc. a corporation in 2011. ben received 80 of the voting common stock the only class of stock
a company purchased goods on credit with credit terms of 315 n45. although the company does not have cash available to
During the year the company borrowed money from a bank. Interest will be paid 8-06-13 but accrued int @ 12-31-12 is ..... 275.00
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nelson co. manufactures a product that requires 3.5 machine hours per unit. the variable and fixed overhead rates were
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