PAPER 1 Subject: Hotel Accounting 1 Serial No: 72367B Test No: 1 Edition: 1 Student Name: Cosme‚ Felicia Student Number: 10011439164 Question 3: (a) T-account: An informal term for a set of financial records that use double-entry bookkeeping. The term T-account describes the appearance of the bookkeeping entries. (b) Accounting cycle: The name given to the collective process of recording and processing the accounting events of a
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Accounting is defined by the American Institute of Certified Public Accountants (AICPA) as "the art of recording‚ classifying‚ and summarizing in a significant manner and in terms of money‚ transactions and events which are‚ in part at least‚ of financial character‚ and interpreting the results thereof." Accounting is thousands of years old; the earliest accounting records‚ which date back more than 7‚000 years‚ were found in Mesopotamia (Assyrians). The people of that time relied on primitive accounting
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Quantitative Analysis of Soda Ash by Double Indicator Method Results and Discussion The experiment focuses in the use of double indicator titration in quantitative analysis of soda ash sample. Titration refers to the process of measuring the volume of titrant required to reach the equivalnece point. This method of analysis‚ is based on the chemical reaction aA + bB → products (1) where a is the molecules of the unknown substances to be analyzed or the analyte. Analyte reacts with b molecules
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James Watson’s The Double Helix: A Review A review of Watson‚ James D. The Double Helix. New York: Atheneum‚ 1968. James Watson’s account of the events that led to the discovery of the structure of deoxyribose nucleic acid (DNA) is a very witty narrative‚ and shines light on the nature of scientists. Watson describes the many key events that led to the eventual discovery of the structure of DNA in a scientific manner‚ while including many experiences in his life that happened at the same
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References: Boatright‚ Vicky. (2012). Basic accounting concepts: single or double entry? On the internet at http://vickey.wrytestuff.com/swa427670.htm Elsevier‚ Inc. (2008). Encounter forms. Mosby’s Dental Dictionary. 2nd edition. On the web at http://medical-dictionary.thefreedictionary.com/encounter+form Farlex‚ Inc. (2012)
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technique. Their argument in turn raises further questions about the general relationship between accounting practice and economic and social organization in the ancient world. Why the need of Double Entry Book keeping arises before Luca Pacioli period as explained by A. C. Littleton? Attempting to explain why double entry bookkeeping developed in 14th century Italy instead of ancient Greece or Rome‚ accounting scholar A. C. Littleton describes seven "key ingredients" which led to its creation. Private
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texts: All incoming freshman students will complete a double-entry journal for each book read over the summer. The journal gives the student the opportunity to interact with and to comment on the text. The readings must include one fiction and one non-fiction titles. During the first few weeks of school‚ these journals will be used to help students prepare for class discussion and an in-class writing assessment. Directions for completing the double-entry journal‚ the grading rubric for that journal
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a money related transaction recorded (unaltered) in a journal. A journal items all the budgetary transactions of a business and which accounts these transactions influence. All business transactions are at first recorded in a journal utilizing the double entry or single-entry strategy for accounting. Ordinarily‚ journal entries are entered in order request and charges are entered before the credits. They furnish foundational data for all other monetary reports and are utilized by auditors to break
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Joan Pujol Garcia could be considered one of the most intelligent‚ meticulous‚ creative‚ and eccentric double agents in all of history. The legacy of Agent Garbo leaves a trail of greatness‚ due to his specialty in the craft of war deception. This one man was a ghost who worked for both Germany and Britain at the same time being a double agent. He happened to be extremely successful. He did many operations working for the two countries. One of the most famous one could be Operation Fortitude. His
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1.0 Introduction Flat Cargo Berhad (FCB) is an air freight services and ground handling company. Its company’s operations cover Asian Pacific region including China‚ Japan‚ Thailand‚ Singapore and many more. Their main customers are United Parcel Services (UPS)‚ City Link and Nationwide Express. The main shareholder for FCB is Bangor Sdn Bhd which is part of Miri Group represented by 26.5% of the company interest. Kencana & Associates is the auditor company that audit FCB’s account. The leader of
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