...GUIDELINES...............................................................................7 REAR YARD FENCE GUIDELINES ......................................................................................9 PLAY EQUIPMENT GUIDELINES ......................................................................................11 SATELLITE RECEIVER (DISH) GUIDELINES ..................................................................13 GENERAL IMPROVEMENTS, LANDSCAPE & MAINTENANCE GUIDELINES..........14 LIST OF RECOMMENDED PLANT SPECIES ....................................................................19 EXHIBIT A REQUEST FORM 2 CHRISTENBURY MASTER ASSOCIATION, INC. ARCHITECTURAL CONTROL COMMITTEE INTRODUCTION The Architectural Control Committee (ACC) is providing the attached Architectural Design Guidelines (“Guidelines”) in accordance with that Declaration of Covenants, Easements, Conditions and Restrictions (“Declaration”), for purposes of establishing and maintaining exterior design elements throughout Christenbury. This document should be filed with the homeowners’ copy of the Declaration received at closing. It is the responsibility of each homeowner to pass along the Declaration and Guidelines to any future buyer of their home at Christenbury. It is important to note that the Guidelines are applicable to most all future building exterior and property...
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...Jose Cando ENGL-2327 April 26, 2014 Balcones Fiction and Poetry Winners Reading Event: Natalie Diaz’s Reading of When My Brother Was an Aztec Outside the ACC Theater on April 9th, the public was greeted by tables of refreshment including fruits cheeses and crackers which was a nice surprise. Although, I had expected a packed theater, only about forty people were waiting inside. The event started at 6:30 pm when Charlotte Gullick, the chair of the creative a writing department took the stage. After promoting some of creative writing classes at ACC, she described the significance of the Balcones prizes. A teacher from the English department took the stage next to talk a little more about the Balcones prize. He pointed out that Natalie Diaz was the sixteenth winner of this prize. He described Ms. Diaz as a woman with her foot “in three different worlds.” Her childhood was spent on the Mojave reservation in the California Desert. She attended college in Virginia on a basketball scholarship, and from there she played professional basketball in Europe and Asia. After injuring her knee, she left basketball to study poetry in graduate school. Therefore, he claimed, she has a foot in the worlds of the reservation, basketball and poetry. With that, he welcomed Nathalie to the stage. Nathalie jumped into reading her poem, “When My Brother Was an Aztec.” I was shocked to hear the bitterness and resentment in her voice as she describe her brother as a nasty and careless force which...
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...Review Chapters 1-4 Solutions Requirement 1 a) Unearned sales revenue ……………………………….. 2,400 Sales revenue …………………………………………. 2,400 COGS ………………………………………………….. 1,500 Inventory ………………………………………………. 1,500 b) Insurance Exp ………………………………………… 750* Prepaid Ins Exp ……………………………………….. *Calculation: 1800*5/12=750 c) Depreciation Exp …………………………………….. Acc Depreciation …………………………………….. *Calculation=( 72,800-3,800)/5=13,800 13,800 13,800 750 d) Supplies exp …………………………………………… 1,100* Supplies on hand ………………………………………. 1,100 *Calculations=2050-X=950 e) Interest exp …………………………………………….. 1,750* Interest payable ………………………………………… 1,750 *Calculation:35,000*6%=2,100 Accrued interest exp= 2,100*10/12=1,750 f) Income Tax Expense …………………………………… 1290* Income Tax Payable …………………………………….. 1290 *Calculations=4300*30%1290 1 Requirement 2 Fashion World Inc Income Statement For the period ended December 31, 2009 ($ dollars) Sales1 COGS2 Gross Profit Operating Expenses Rent Expenses Salary Expenses Insurance Exp Depr Expense Supplies expenses Operating Profit Profit before interest and taxes Interest expenses Profit before Income Tax Income Tax Expense (30%) Profit EPS3 224,550 158500 66,050 13,850 30,500 750 13800 1100 6,050 6,050 1,750 4,300 1290 3,010 3.01 1 2 Calculations: 222,150+2,400=224,550 Calculations: 157,000+1,500=158,500 3 Calculations: 3,010/1,000=3.01 2 Requirement 3 Revenue ……………………………………… 224,550 Income Summary ……………………………. Income Summary ……………………………. 221,540 COGS …………………………………………...
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...Accumulated depreciation Cr Building Dr Dr 86 250 86 250 Cr Land Building Revaluation gain (OCI) Cr Depreciation expense – building Accumulated depreciation Cr Revaluation Reserve Retained earnings Dr Dr 750 000 1 211 250 1 961 250 120 000 120 000 80 750 80 750 Workings: Land – cost 1 Jan 2006 Transfer duties Cost Acc depr (3 yrs) (R1 575 000 – R1000 000) = R575 000 / 20 x 3 ) CA at 31/12/2008 Revalued 1/1/09 1 000 000 50 000 1 050 000 Building – cost 1 500 000 75 000 1 575 000 Building – Fair value Reval gain (86 250) 1 050 000 1 050 000 1 050 000 750 000 1 800 000 1 800 000 1 488 750 1 488 750 1 211 250 2 700 000 1 961 250 1 931 250 (39 250) 1 050 000 Depreciation (R2 700 000 – 900 000) = R1 800 000 / 15 yrs CA at 31/12/2009 Land – Fair value 1 488 750 (120 000) (80 750) 1 449 500 2 580 000 1 880 500 [16] © Department of Accounting, UCT TUTORIAL 20.5 – SUGGESTED SOLUTION continued 2. STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 DECEMBER 2009 2009 2008 R R Sales 9 760 000 8 120 000 (3 163 000) (3 144 800) 6 597 000 4 975 200 (3 018 000) (2 251 750) 3 579 000 2 723 450 (1 027 120) (780 566) 2 551 880 1 942 884 Revaluation gain 1 961 250 - Total comprehensive income 4 513 130 1 942 884 Cost of sales 2009: (3 173 800 – 10 800) 2008: (3 120 000 + 24...
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...ACC 560 COMPLETE CLASS CHAPTER PROBLEMS, QUIZZES AND ASSIGNMENTS To buy this click here http://www.coursehomework.com/product/acc-560-complete-class-chapter-problems-quizzes-and-assignments/ +1 315-750-4434 , help@coursehomework.com ACC 560 COMPLETE CLASS CHAPTER PROBLEMS, QUIZZES AND ASSIGNMENTS ACC 560 WK 1 HW Ch01 - Exercises 5, 8, 12, and 16, Problems 1 and 4 ACC 560 WK 2 HW Ch02 - Exercises 4, 9, 11, and 12, Problems 1 and 5 ACC 560 WK 2 HW Ch03 - Exercises 2, 5, 6, and 13, Problems 1 and 6 ACC 560 WK 2 Quiz 1 ACC 560 WK 3 Assignment 1 - Activity-based Costing (ABC) in Service Industries ACC 560 WK 3 HW Ch04 - Exercise 2, 3, 9, and 12, Problems 2 and 4 ACC 560 WK 3 Quiz 2 ACC 560 WK 3 Quiz 3 ACC 560 WK 4 HW Ch05 - Exercises 8, 13, 14, and 17, Problems 1 and 5 ACC 560 WK 4 HW Ch06 - Exercises 5, 10, 13, and 14, Problems 1 and 5 ACC 560 WK 4 Quiz 4 ACC 560 WK 5 HW Ch07 - Exercises 2, 5, 9, and 17, Problems 1 and 4 ACC 560 WK 5 HW Ch08 - Exercises 4, 5, 10, and 16, Problems 1 and 6 ACC 560 WK 5 Quiz 5 ACC 560 WK 5 Quiz 6 ACC 560 WK 6 HW Ch09 - Exercises 2, 6, 17, and 19, Problems 2 and 4 ACC 560 WK 6 HW Ch10 - Exercise 3, 7, 13, and 19, Problems 1 and 4 ACC 560 WK 6 Quiz 7 ACC 560 WK 6 Quiz 8 ACC 560 WK 7 HW Ch11 - Exercises 2, 4, 14, and 16, Problems 1 and 4 ACC 560 WK 7 Quiz 9 ACC 560 WK 7 Quiz 10 ACC 560 WK 8 HW Ch12 - Exercises 3, 6, 7, and 11, Problems 1 and 3 ACC 560 WK 8 Quiz 11 ACC 560 Complete Class Chapter Problems, Quizzes and...
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...ACC 557 Midterm Exam Part 1 Question 1 Equipment is classified in the balance sheet as • a current asset. • property, plant, and equipment. • an intangible asset. • a long-term investment. Question 2 Correcting entries are made • at the beginning of an accounting period. • at the end of an accounting period. • whenever an error is discovered. • after closing entries. Question 3 The first required step in the accounting cycle is • reversing entries. • journalizing transactions in the book of original entry. • analyzing transactions. • posting transactions. Question 4 The net income (or loss) for the period • is found by computing the difference between the income statement credit column and the balance sheet credit column on the worksheet. • cannot be found on the worksheet. • is found by computing the difference between the income statement columns of the worksheet. • is found by computing the difference between the trial balance totals and the adjusted trial balance totals. Want to see the ACC 557click here ACC 557 Question 5 The purpose of the post-closing trial balance is to • prove that no mistakes were made. • prove the equality of the balance sheet account balances that are carried forward into the next accounting period. • prove the equality of the income statement account balances that are carried forward into the next accounting period. • list all the balance sheet accounts in alphabetical order for easy reference. Question...
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...Acc/225 Stella Deaton 06/06/2012 Week 5 5-8 Identify whether each description best applies to a periodic or a perpetual inventory system. a. Provides more timely information to managers.—perpetual b. Requires an adjusting entry to record inventory shrinkage. -- Perpetual c. Markedly increased in frequency and popularity in business within the past decade. -- Periodic d. Records cost of goods sold each time a sales transaction occurs. – Perpetual 5-9 Sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . $60,000 $42,500 $36,000 $78,000 $23,600 Cost of goods sold Merchandise inventory (beginning) . . . . . . . . . . 6,000 17,050 7,500 7,000 2,560 Total cost of merchandise purchases . . . . . . . 36,000 1550 41250 32,000 5,600 Merchandise inventory (ending) . . . . . . . . . . . . 7950 (2,700) (9,000) (6,600) (2,560) Cost of goods sold . . . . . . . . . . . . . . . . . . . . . 34,050 15,900 39,750 32,400 5,600 Gross profit . . . . . . . . . . . . . . . . . . . . . . . . . . . 25,950 26,600 3,750 45,600 18,000 Expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9,000 10,650 12,150 2,600 6,000 Net income (loss) . . . . . . . . ...
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...Chapter 1: CA1-3 1. GAAP stands for: (d) generally accepted accounting principles 2. Accounting standard-setters use the following process in establishing accounting standards: (d) Research, discussion paper, exposure draft, standard. 3. GAAP is comprised of: (d) any accounting guidance included in the FASB Codification. 4. The authoritative status of the conceptual framework is as follows. (a) It is used when there is no standard or interpretation related to the reporting issues under consideration. 5. The objective of financial reporting places must emphasis on: (a) reporting to capital providers. 6. General-purpose financial statements are prepared primarily for: (b) external users. 7. Economic consequences of accounting standard-setting means: (d) accounting standards can have detrimental impacts on the wealth levels of the providers of financial information. 8. The expectations gap is: (b) what the public think accountants should do and what accountants think they can do. Chapter 2: E2-5 (a) Arises from peripheral or incidental transactions. Gains and Losses (b) Obligation to transfer resources arising from a past transaction. Liability (c) Increases ownership interest. Investments by owner, comprehensive, revenues, and gains (d) Declares and pays cash dividends to owners. Distribution to owner (e) Increases in net assets in a period from nonowner sources. Comprehensive income, revenue, gains (f) Items...
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...=NIL THE ECONOMIC LIFE = 100% /50% = 2 YRS Let THE DEPRECIATION RATE = 20% WHAT IS THE ECONOMIC LIFE OF THE ASSETS = 100% / 20% = 5 YEARS ANNUAL DEPRN CUM DEPN BOOK VALUE Y1 DEPN = 1000 X 20% = 200 200 800 (1000-200) Y2 DEPN =1000 X 20% = 200 400 600(1000-400) Y3 DEPN = 1000 X 20%= 200 600 400(1000-600) Y4 DEPN =1000 X 20%= 200 800 200(1000-800) Y5 DEPN =1000X20% = 200 1000 0 (1000-1000) The asset cost RM1000 on 1.1.x1 and the depreciation rate is 50 % of the book value or reduced balance. Full year depreciation is adopted METHOD = REDUCING BALANCE METHOD OR BOOK VALUE METHOD YEARLY DEPN CUMULATIVE BOOK DEPRN VALUE Y1 DEPN (1000 X 50%) 500 500 1000-500= 500 Y2 DEPN (500 X 50%) 250 750 1000-750= 250 Y3 DEPN (250 X 50%) 125 875 1000-875 = 125 Y4 DEPN (125 X 50%) 63 938 1000-938 = 62 Y5 DEPN (62 X 50%) 31 969 1000-969 = 31 IMPACT OF DEPRECIATION ON PROFIT AND LOSS YEAR 1 USING STRAIGHT LINE METHOD = 50% X 1000 = 500 STEP 1 DR: DEPRECIATION A/C 500 CR: PROVISION FOR DEPRECIATION 500 STEP 2 DR: PROFIT AND LOSS A/C Cr: DEPRECIATION A/C STEP 3 PROVISION FOR DEPRECIATION – C/F TO YR BALANCE SHEET BALANCE SHEET IN YR1 FIXED ASSETS ASSET RM1000 LESS ACCUMULATED DEPN (500) 500 ABC ltd...
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...Stetson School of Business and Economics The Stetson School of Business and Economics (SSBE) promotes the advancement and integration of quality business education and practice. In support of Mercer University’s mission, the School provides undergraduate and graduate programs that are designed to enable, enhance, and expand professional careers, civic responsibility and lifelong learning. ACC 601 A22 Accounting Theory Fall 2012 Session II Tuesdays: 6:00 P.M. to 10:15 P.M. Professor: Julie Petherbridge Office Phone/Voice Mail: 678-547-6010 Office: 205 BE Bldg Email: petherbrid_j@mercer.edu Fax: (678) 547-6160 Office Hours: 3 - 6 pm Tuesdays and Thursdays and by appointment COURSE DESCRIPTION This course focuses on financial accounting theory, current pronouncements, problems of income determination, and accounting research and research methodology applied to accounting issues. COURSE OBJECTIVES This course discusses broader implications of financial accounting and examines critically accounting theories. It provides theoretical base for financial accounting and reporting in business relationships characterized by information asymmetries. Besides its theoretical orientation, the course discusses institutional structure and different reporting environments of financial accounting and standard setting. It also features considerable coverage of financial accounting literature. Students completing this class should be able to: • To understand...
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...TOTAL | 100 | | Question 1 /35 | Pre-Adjustment Trial Balance | Adjustments | Post Adjustment Trial Balance | | | | Dr | Cr | Dr | Cr | Dr | Cr | | | Accrued Rent Receivable (01/01/2010) | 1 700 | | 7 900 | 1 700 | 7 900 | | ½,½ | | Acc Depreciation: Office Equip | | 4 300 | | 550 | | 4 850 | ½ | | Administrative expenses | 31 000 | | | 5500+250 | 25 250 | | ½,½ | | Bank (favourable) | 5 800 | | | | 5 800 | | | | Capital (01/01/2010) | | 112 100 | | | | 112 100 | | | Cost of sales | 135 000 | | 600 | 600+600+100 | 134 300 | | 1,1,1,1 | | Depreciation expense | 3 800 | | 550 | | 4 350 | | ½,1 | 5500*.2*6/12 | Drawings | 18 000 | | 100 | | 18 100 | | ½,1 | 150*2/3 | Interest expense | 8 250 | | 1 500 | 3 750 | 6 000 | | ½,1,1 | 50000x.12 | Inventory (31/12/2010) | 38 800 | | | | 38 800 | | | | Land & buildings, at cost | 84 300 | | | | 84 300 | | | | 12% Loan from Loan Anonymous | | 50 000 | | | | 50 000 | | | Office equipment | 20 000 | | 5 500 | | 25 500 | | ½ | | Prepaid interest (01/01/2010) | 1 500 | | 3 750 | 1 500 | 3 750 | | ½,½ | | Rent revenue | | 15 400 | 1 700 | 7 900 | | 21600 | ½,1,1 | 900x12x2 | Salaries and wages expense | 23 950 | | 2016 | | 25 966 | | ½,1 | 201600*.01 | Sales | | 202 500 | 900 | | | 201 600 | ½ | | Trade Payables | | 40 400 |...
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...Chapter 4- 27 A Elias Real Estate AppraisalIncome Statement | Revenues: | Service Revenue | 48,200 | Expenses: | Insurance Expense | 4,500 | Salaries Expense | 33,300 | Supplies Expense | 600 | Interest Expense | 8,800 | Utilities Expense | 2,200 | Depr. Expense- Building | 7,500 | Total Expenses | 56,900 | Net Income- 8,700 | Elias Real Estate AppraisalStatement of owners’ equityYear Ended June 30, 2014 | Elias Capital, June 1, 2014 - $ 40,500 | Owners contribution $ 0 | Net Loss for the year 8,700 | Total 31,800 | Owner’s withdrawal- 27900 | Elias Capital, June 30, 2014- 3,900 | Elias Real Estate AppraisalClassified balance SheetJune 30, 2014 | Assets | Current Assets: | Cash 4,900 | Account Receivable 5,300 | Office Supplies 2,400 | Prepaid insurance ...
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...Brian Ladenheim Tax Strategy Case Study ACC 750 Date: 10/11/13 MEMO: To: Moe, Larry, and Curly From: Brian Ladenheim Date: 10/11/13 Subject: Entity Selection on Oliveology Congratulations on your newest venture. We know you have a lot of options when choosing a consultant and are thrilled we will be able to assist you. We understand you are contemplating the entity of choice for your company. After immense research we have come to the conclusion the best option for Oliveology is to be an S Corporation. There are many benefits of this entity status. One of the largest benefits is no double taxation. The shareholders are only taxed at the shareholder level. Also, unlike a partnership, where all the partners are subject to self-employment tax on income from the firm, only wages earned are subject to a self-employment tax in an S corporation. In an S corporation shareholders may be employees, and the wages paid are deductible from the net income but are also subject to payroll taxes and therefore you may be inclined to pay lower wages to avoid this tax. Keep in mind though, that if you understate your wages from normal industry salaries the IRS may require you to pay higher salaries relative to the industry and position. Nevertheless, if prepared properly, this rule should only be beneficial. Another large benefit of the S Corporation status is that it stands alone separate from its shareholders. If any of you decide to leave the company for any reason, then the company...
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...PROJECT REPORT ON “SECURITY ANALYSIS AND PORTFOLI MANAGEMENT” CONDUCTED AT “Indiabulls Financial Service Limited” A dissertation submitted to the OSMANIA UNIVERSITY, Hyderabad in the partial Fulfillment for the award of the degree of “MASTER OF BUSINESS ADMINISTRATION” BY D.GANGADEVI (1313-10-672-042) UNDER THE GUIDANCE OF Mr.Manohar( Prof. ) MATRUSRI INSTITUTE OF PG STUDIES ( AFFILIATED TO OSMANIA UNIVERSITY,HYD) SAIDABAD, HYDERABAD 500079. 2010-2012. ACKNOWLEDGEMENT With profound esteem and affection, I recall the favours I have gained from my teachers, parents and all who co-operated with me in the course of the completion of this dissertation. I wish to express my deep sense of gratitude to Mr.VINOD KUMAR BRANCH MANAGER of Indiabulls Financial Limited for the opportunity to go through with my dissertation in his organization and to Mr.K.RAMESH CHENDRA, who has guided me in the organization with lots of advises, corrections and personal care. Lastly, I owe my special thanks to all my faculty members, friends and laity who co-operated with me in completion of this dissertation. ...
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...ACC 560 Week 1 Homework Chapter 1 (E1-5, E1-9, E1-10 and E1-2A) For more course tutorials visit www.tutorialrank.com ACC 560 Week 1 Homework Chapter 1 (E1-5, E1-9, E1-10 and E1-2A) E1-5 E1-5 Gala Company is a manufacturer of laptop computers. Various costs and expenses associated with its operations are as follows. 1. Property taxes on the factory building. 2. Production superintendents’ salaries. 3. Memory boards and chips used in assembling computers. 4. Depreciation on the factory equipment. 5. Salaries for assembly-line quality control inspectors. 6. Sales commissions paid to sell laptop computers. 7. Electrical components used in assembling computers. 8. Wages of workers assembling laptop computers. 9. Soldering materials used on factory assembly lines. 10. Salaries for the night security guards for the factory building. The company intends to classify these costs and expenses into the following categories: (a) Direct materials, (b) Direct labor, (c) Manufacturing overhead, (d) Period costs. List the items (1) through (10). For each item, indicate the cost category to which it belongs. E1-9 E1-9 An incomplete cost of goods manufactured schedule is presented below. Complete the cost of goods manufactured schedule for Hobbit Company. E1-10 E1-10 Manufacturing cost data for Copa Company arc presented below. Case A Case B Case C Direct materials used $ (a) $68,400 $130,000 Direct labor ...
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