...Introduction to Accounts Receivable and Bad Debts Expense If we imagine buying something, such as groceries, it's easy to picture ourselves standing at the checkout, writing out a personal check, and taking possession of the goods. It's a simple transaction—we exchange our money for the store's groceries. In the world of business, however, many companies must be willing to sell their goods (or services) on credit. This would be equivalent to the grocer transferring ownership of the groceries to you, issuing a sales invoice, and allowing you to pay for the groceries at a later date. Whenever a seller decides to offer its goods or services on credit, two things happen: (1) the seller boosts its potential to increase revenues since many buyers appreciate the convenience and efficiency of making purchases on credit, and (2) the seller opens itself up to potential losses if its customers do not pay the sales invoice amount when it becomes due. Under the accrual basis of accounting (which we will be using throughout our discussion) a sale on credit will: 1. Increase sales or sales revenues, which are reported on the income statement, and 2. Increase the amount due from customers, which is reported as accounts receivable—an asset reported on the balance sheet. If a buyer does not pay the amount it owes, the seller will report: 1. A credit loss or bad debts expense on its income statement, and 2. A reduction of accounts receivable on its balance sheet. With respect...
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...Structuring a Thesis Introduction Posted on February 20, 2013 | 13 Comments A few weeks ago, I had a post on writing introductions, in which I discussed the standard three moves of an introduction. This model works very naturally in a short space such as a research proposal or article but can be harder to realize on the bigger canvas of a thesis introduction. Many thesis writers struggle with the need to provide adequate contextualizing detail before being able to give a satisfying account of their problem. Truth be told, this inclination—the feeling that our problem is so complex that any explanation will require extensive background—can be a bit of a graduate student weakness. Understanding that your thesis can be explained in a compressed fashion is often a step forward, if for no other reason than it can give you the wherewithal to answer the inevitable questions about your thesis topic without the stammering and the false starts and the over-reliance on the word ‘complicated’. I suggest that thesis writers take every possible opportunity to articulate their topic under severe space or time constraints. One possibility: look to see if your campus is having a Three Minutes Thesis competition this term; the first round at U of T is being held on March 22. When I approach a thesis introduction, I start from the assumption that the reader shouldn’t have to wait to hear your guiding problem until they have the full context to that problem. You have to find a way of giving...
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...From: To: Date: 10th April 2014 Subject: Need for Gymnasium within the University I write to request for an introduction of a gymnasium in the institution. Having gymnasium in the institution will create numerous benefits to individuals, as well as, the institution. With a gymnasium, individuals will feel relieved from going out of the institution in search of gym facilities. Therefore, having it in the institution will enable every person have a better schedule for both exercising and studies. Ideally, with a gymnasium in the institution, people can save the money they spend on gym facilities away from the university. It is also prudent to note that an internal gymnasium will give the opportunity to those students who could not afford the cost of accessing gym facilities away from the university. Introduction of this facility will cut cost for students who do not have much to spend. The internal gymnasium will help a number people in the university to forget their unnecessary moods or stresses for some time. Undoubtedly, people experience various difficulties in the course of their lives. Therefore, gymnasium will act as a recreational agent for such individuals, and helps them manage their personal problems. It is also prudent to note that gymnasium improves lives of individuals since it makes an individual to feel better, stronger and live longer. In fact, itstrengthens the immune system and allows the body functions to be active. This in turn improves the individual’s...
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...to abolish uniform, I wish to show that arguing for the introduction of uniform is crucial for success at school for students and teachers. We believe that the introduction of uniform will improve children`s behavior at school, recent studies show that 90% of schools where students wear uniform have significantly improved results with smaller amounts of detentions then students who do not wear uniform. This strongly suggests to us that students who wear uniform in school have better attitude then students who do not wear uniform. On the other hand children believe that uniform takes away their identity, for example children like to express who they are. I strongly believe this is irrational because children expressing themselves can lead to conflicts with other students due to their identity. In addition to what I have pointed out, another reason school uniform should be introduced is because of religious beliefs, i.e. in Islam Muslims believe that everyone is equal and should be treated equally. This implies to us that religious beliefs are a factor in introducing uniform because not introducing uniform may suggest to people that our school does not care about our faith and what we believe in. This may label our school as a fascist school by where the school only cares about what they want and not what the students want. Do you want our school to be judged like this? We would like to imply to you that the introduction of school uniform will enhance student`s concentration...
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...can result in a considerable amount of the enterprise’s intellectual capital being wasted. The cost of using various isolated systems to collect data for modern knowledge-management systems (statistics, data mining, reporting, exception handling, etc) is simply too high. So much knowledge that could be extracted from the data collected remains untapped. In the industry, there are three different approaches to addressing this root problem. • The first – is the optimization of the existing hybrid system by adapting the existing processes and systems. It goes without saying that such an approach only brings selective and slight improvements. • The second is the introduction of Electronic documentation systems (often described as electronic lab notebooks) that show the paper data in electronic format. While the introduction of such a system brings certain benefits for quality and compliance purposes, the real problem is simply transferred from paper to an electronic format (“paper on glass”) and the hope for...
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...that manufactures steel retaining rings. These rings are considered as an integrate part of the machines they are actually manufacturing. This department can sell their rings either internally or externally because they are a large market and demand for this product. The general manager of the German plant, Hans Thorborg has been considering the introduction of plastic rings as a substitute for the steel rings. His idea comes from one of his competitor, Henri Poulenc who has already implemented this new product in the market. Precision Worldwide Inc is currently in the dilemma of determining how to go about the introduction of a new Japanese prototype of their steel ring. The Japanese were able to reinvent this plastic ring at a lower cost and more durable at the same time. This is extremely detrimental to the steel ring market and will force Precision Worldwide out of business if action steps are not taken. Some of the factors that Precision Worldwide will be facing are how to deal with their excessive inventory levels of steel rings and how to strategically enter the plastic ring market. Hans Thorborg needs to take into account the sunk cost of the steel ring market and how to be effective with the production of the plastic ring. Hans Thorborg needs to realize that the cost of the steel ring is actually a sunk cost. The actual cost of the steel ring is 2.95$ when all sunk costs are taken out from the original number of $6.76. Whether or not the steel rings sell, well over...
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...ADVOCACY ESSAY: PEER REVIEW MEMO When you are ready to review a peer’s essay, open this document in one window and the essay in another window (you’ll be cutting and pasting information from the essay into this memo. Place your cursor in the gray field to record your answer. Refer to specific parts of paper by paragraph number. Reviewer’s Name: Karen Adame Title of Essay Reviewed: Intervention Programs for Youth to Reduce Deliquency Author’s Name: Jessica Leal-Rosas Date: 6/4/13 GENERAL COMMENTS Begin by reading your peer’s essay all the way through. Mark areas that are difficult to read, or don’t make sense, or that you think have some grammatical/usage problems. When you have read through the entire essay, come back and choose up to five sentences/areas that you marked for readability. Copy the text and insert it here, along with the paragraph number. You do not have to identify the error or fix it… just locate problems. No more than five sentences: For the past decades, researchers such as Peter Greenwood have focused their attention… Indeed, any program that is introduced to help reduce… After having read the whole paper through the first time, write out a few “big picture” comments. What one element of the paper do you think needs the most work before your peer turns it in as a final draft? There are several grammar errors and to explain what are concepts such as zero tolerance and get tough on crime. If you had to grade it right now based...
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...How to Write a Critique The critique is a rigorous critical reading of a passage. As such, it picks up where the objective summary leaves off. In fact, a critique often includes a brief summary so that its readers will be able to quickly grasp the main ideas and proofs of the passage under examination. Critiques come in all shapes and sizes, but a good way to get used to writing critically is to plan your earliest critiques along the following lines. First, read the passage thoroughly. Make plenty of notes, ask lots of questions, and highlight or underline anything you may wish to quote in your paper. Spend some time on this step. It is impossibly to adequately critique something if you don't fully understand it. Next, write a summary. Identify the author's main point (thesis) and list the types of proofs he or she employs to persuade the reader to believe or accept the thesis. For example, does the author use historical anecdotes, quote noted authorities, provide statistical evidence, or appeal to a reader's sense of patriotism or generosity? These are all common types of proofs used in persuasive writing. You should also try to figure out why the author is writing, and to whom. Remember that the purpose of a paper and its intended audience can affect the way the paper is written. Now, set your own agreement or disagreement with the author aside for a moment and investigate the validity of his or her argument. Does the author provide complete and accurate information...
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...other students. Therefore, your teacher may use this to test you on a lot of things. The assignment will also have different aims. With the aim of the paper in mind, your teacher will use this to determine if the research topic ought to be given to you or you have to select the topic on your own. If the teacher wants to have something particular from the students, for example, their level of understanding of interpretation of question, the topic will be provided to the students.If the idea of your topic has been settled, you will have to compose your assignment paper taking into consideration the basic principles of a good research paper. Your assignment paper will start with an introduction, a body, followed by a conclusion. You should not just jump into the introduction. You can only begin the introduction subsequent to conducting some preliminary research on the research paper topic. Preliminary research is what will give an arrangement and a purpose to your paper. This is because you have to know where to start your paper and what direction your paper should take. If you are already...
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...Planning a Presentation © 2013 Learning Development Basic structure (e.g. 20 min presentation) 2 • Introduction (1-2 mins) • Body or discussion: – 3-5 sections (3-5 mins each) • Conclusion (1-2 mins) March 6, 2013 LD Planning a Presentation | www.newcastle.edu.au The Introduction • Greet the audience • Gain their attention – how? • Tell them what to expect – topic, purpose, outline • ‘Housekeeping’ – documents, questions March 6, 2013 3 LD Planning a Presentation | www.newcastle.edu.au The Introduction: tell them what to expect • Topic: – We are discussing the marketing plan of Company X… 4 • Purpose: – We’ll be analysing the current marketing strategy in order to make recommendations for future action • Outline: – We’ll do this through a situational analysis and a SWOT analysis. We will then outline objectives, alternative strategies, and, finally, present an action plan March 6, 2013 LD Planning a Presentation | www.newcastle.edu.au Body of the Presentation • 3-5 Sections – Select key themes/points – Include details to illustrate these – Decide what can be omitted – Don’t have too many visuals • Signpost: introduce & conclude each section 5 March 6, 2013 LD Planning a Presentation | www.newcastle.edu.au The Body (cont’d): ‘signposting’ • Introduce: – Firstly, I’d like to analyse the internal factors for company X… • Conclude: – It is apparent, therefore, that while the company’s capabilities vary, the company’s...
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...Initial impressions of Gatsby - Chapters 1-4 We see and hear relatively little of Gatsby in the opening chapter of the novel; he is presented as an almost ephemeral, ghost like figure. However we are drawn to his character by the way he is described: ‘There was something gorgeous about him, some heightened sensitivity to the promises of life’. Consequently, Every time he is mentioned there is always something to interrupt which adds to the mysteriousness of his character. At the end of chapter 1 we catch a glimpse of him where he is bonded with strong romantic imagery, he comes out to see ‘the silver pepper of the stars’ and is spotted when ‘the silhouette of a moving cat wavered across the moonlight’. Fitzgerald combines the purity and romance of Gatsby’s dream with these symbols. On the contrary when he gives a ‘sudden imitation that he was content to be alone’ by stretching out his arms towards the ‘dark water in a curious way’ the purity of his character seems to disappear as the ‘single green light, minute and far away’ suggests the ill omen of his character. In Chapter 3 Fitzgerald uses the part scene to introduce Gatsby to the reader, here Gatsby emerges as a mysterious character who is the subject of gossip, He is well known but ironically nobody seems to have any verifiable information about him. Nick then describes him and says ‘he had one of those rare smiles with a quality of eternal reassurance in it’ the way Gatsby us portrayed is one of extreme modesty, he appears...
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...What are the values, needs, and beliefs of the audience? What are the motivations of the audience? What are the demographics of the audience? Analyze the following: • • • • • • Age Gender Education Group Affiliations Socio-economic Status Ethnicity 7. What is your context? • • • • • • • • • • Large or small audience? What are the expectations? Do current events affect your speech? Outdoors or indoors? Noise? Are appropriate teaching tools available? What is the size of the room? Is the audience seated or standing? Is the room hot or cold? Are there chairs or tables? INTRODUCTIONS AND CONCLUSIONS Purposes of the Introduction: To obtain the listener’s attention. To create a favorable first impression; if you lose them here, you may lose them for good. To arouse interest in your subject. To orient the audience to the different parts of your speech. 1. 2. 3. 4. Four Parts to an Introduction: 1. Attention-getting Phase—capture the interest of audience. 2. Orientation Phase—articulate the purpose and identify with audience (why should they listen?). 3. Credibility Phase—what type of expertise do you have? 4. Preview of Main Points—delineate main topics. First: ATTENTION-GETTING PHASE Ask Audience to Physically Move. Create Curiosity. Refer to the Setting or the Occasion. Compliment Your Audience. Use a Startling Statement or Statistic. Use a Quotation. Use Humor. Use a Short Story. Pose a Question. Second: ORIENTATION PHASE Introduce...
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...feedback Explanations of whether the message and technology were appropriate given the environment and purpose Respond to one of these messages and insert it as Appendix D in the Appendix Section. Use direct, effective writing techniques. Explain how the content, media, and technology of the feedback are appropriate for the purpose and audience of all the messages. Insert each of these messages as separate appendices (A, B, C and D) in an Appendix Section following the Reference section. See Pages 4 and 12-16 of the Sample APA Student Paper for Style and Mechanics for examples of how to format an appendix reference in the text and in the end Appendix Section . Organize the paper to reflect an introduction, body/discussion and conclusion as follows: Introduction states purpose, captures attention by indicating what the paper will be about and how you will be approaching...
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...During the in class exercises I truly learned a lot about myself. I was completely amazed at how I never knew the things about myself. I remember on the first day of class we had this ice breaker/Activity we had done that really made me get in the spotlight. We had to introduce ourselves. As I walked in front of the class I realized that I was truly nervous. The closer and closer I got to the front of the class the more nervous I became. When I finally had reached the front I had turned to my peers and realized that all eyes were all on me. Being overwhelmed, I continued you on to the introduction of myself by saying “Hi, my name is Roman Guillory…” and the rest of my introduction. As I closed my remarks and had a seat I just set back and watched my peers as they tackled the same situation. Watching them speak made me feel better because I realized that they were feeling the same way that I had felt when I was up there. Another activity that I remember doing is the group activity. We all had to cut things out the magazine representing what looked ugly to us and what looked good. This activity really engaged us to communicate with each other effectively and ultimately decide which things we should do as a team. Even though we all had different personalities and viewed different things as looking bad or good, we all came to a considerable decision on what will be glued to the poster and what wasn’t. All in all, I truly liked most of the activities that we did in class and some them...
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... | | |Chapter 2 Review of Related Literature | | | | Introduction to Rev of Literature | | | | Foreign and Local Literature | | | | Foreign and Local Studies | | | | Synthesis | | |Chapter 3 Results and Discussions | | | |Narrative description of the result obtained from the survey questionnaire | | | |Chapter 4 | | | |Conclusions and recommendations | | |References | | |Appendices | | | Survey questionnaire (accomplished) | | |Financial Statement of your surveyed company | Sustainable Business Operation Survey Questionnaire The introduction of cleaner production/operation or sustainable business operation...
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