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Is the accounting discipline a science or an art?
What do you think? Is the accounting discipline a science or an art? Why? Support your opinion with references/sources and or experience.
Based on your original response to the above question and your classmates' responses that you agree/disagree with, (provide why!), I would like you to think of accounting theory, its assumptions, concepts, and principles. Do they make sense to you? Why? If you are currently working in the field of accounting, why do you think it is an important discipline to be learned by people who have any relation to a business? Do you benefit from learning financial accounting as an individual? Why? Explain.
What do you think of accrual basis of accounting? Does it seem like a logical application of accounting principles and assumptions in measuring the results of operations for a certain period of time? What is wrong with applying cash basis? Which is easier?
How we may balance the capital structure of a business which is a components of various sources of funds needed for business between loans and owners contributed capital?
The Ski Pro Corporation, which produces and sells to wholesalers a highly successful line of water skis, has decided to diversify to stabilize sales throughout the year.
lindon company uses 5000 units of part x each year as a component in the assembly of one of its products. the company
What Amount will the proprietors of the inn be required to pay the bank at the end of 5yrs. Hint find the present value of the 1st two loans.
Discuss how our First Amendment rights are essential to our ability to self-govern, within the context of the social contract. Give at least one example.
at the end of the period it is necessary to close all temporary accounts. 1 explain why this process is required and 2
question. the following calendar year information about the tahoma corporation is available on december 31advertising
isbn 978-0-07-352694-2the question is 20-38 on page 920-921ramon martinez is the general manager of classic inn a
The partnership does not have a natural business year. What is the required tax year-end for the partnership (if no Sec. 444 election is made)?
a friend has 4800 that has been saved from her part-time job. she will need her money plus any interest earned on it in
Using your current work organization (or an organization of interest) as the subject matter, research the elements of business, and prepare an APA-formatted paper that does the following:
on july 1 2013 the foster company sold inventory to the slate corporation for 420000. terms of the sale called for a
Tech Products reported a net loss of $80 million for the latest financial year. In addition, the firm reported a net capital expenditure of $70 million, and a change in noncash working capital of $10 million. Finally, the firm had $10 million in d..
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