Xcom 285 Final Business Writing Portfolio Business Writing Portfolio Pamela Williams-Rue XCOM/285 Essentials of Managerial Communication Axia College Xcom285 has taught me many valuable assets that I can use in my future, but I believe that the most valuable thing that I have learned is that communications is not just talking. Communications is about listening and writing as well. It is important in business communications to understand that to effectively communicate one need’s to tune into
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Facts for simulation 2 | * | * | * | * | * | * | * | * | * | * | * | * | * | * | * | * | * | * Today's date: March 31, 2013. | * | * | * | * | * | * | * | * | * | * | * | * | * | * | * | * |
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Introduction to Accounting Why Study Accounting? Engineering Accounting • Accounting is pervasive • Used in all types of organizations An Overview Richard S. Barr – For-profit companies – Not-for-profit companies – Governmental organizations 1 2 Organizations Accounting Common characteristics: • An objective or group of objectives • A set of strategies to achieve its objectives • Managers • A key element of management • You must understand what is being reported
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The “Accounting Equation” was the first PhxKlips. The ALOE equation was the crux of this PhxKlips. This equation is summarized as: Assets = Liabilities + Owner’s Equity. It is the foundation for all accounting tasks and principles. The use of ALOE is a means for easy recall of the equation. “Debits and Credits” was the second PhxKlips. This PhxKlips delineated when to use debits and when to use credits in relation to the posting of income and expenses. Expenses are recorded as debits on the left
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n 1 January, 2011 Shadow Stormz Ltd. started their company, depositing $2,10,000 in cash in the name of the company, in exchange for 21,000 shares of $10 per value stock of the corporation. Jan 10: Purchased goods on cash $1,00,000 from ABC. 21: Sold goods on cash $80,000 to Pro Asia. Feb 05: Purchased goods on credit $88,000 from ABC. 16: Sold goods on credit $49,000 to Pro Asia. 25: Paid advertisement bill of $5,000. 28: Sold goods to Sarmon’s Brothers for $1
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company received an order from a customer for two luncheons. The sales price for the order was $20,000 ($10,000 for each luncheon). The customer paid $20,000 in advance for the order. Adjusting Entries Assume that the company has a monthly accounting cycle. Use the following information to construct the corresponding adjusting entries on October 31. (a) One month of the company’s rent expired during October. (b) The company’s equipment originally cost $30,000 and was expected to benefit the
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Accounting Cycle Paper Sharon Anderson ACC/421 Intermediate Financial Accounting 1 October 20, 2015 Terrice Watson Accounting Cycle Paper We live in a world where competition and technology is a critical element in the advancement of global marketing; in light of that, everything is moving in such a rapid pace. If you have any type of smart device you can do just about anything; online banking, shopping, and Skype (free communication calls via internet). More importantly, E-commerce is
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The accounting process starts by analyzing transactions and source documents that describe transactions and events. Examples of source documents are bank statements, checks and purchase orders. After we have analyzed the transactions, events and source documents, we are ready for the next step, journalizing. Journalizing is the process of recording a transaction in the journal. To do this we 1) record the date of the transaction in the date column, 2) the title of the account to be debited is recorded
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Accounting Cycle Paper Ruth Kawai ACC/421 January 12, 2015 Mr Art Trujillo I currently work for a company as a payroll processor for a non-profit organization; we are a very small company over 70 staff, but we take care of 200 clients with intellectual and developmental disability. Our headquarters is located in San Leandro, California. We have a complete accounting department that works as a team. Our team consists of Sr. Accountant, accounts payables and account receivables. In our accounting
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201 Final Project Part I Accounting Cycle Report Your Name Southern New Hampshire University Accounting records provide detail information of all transactions and events occurred in a business enterprise during the accounting year. To maintain accounting records, accounting cycle has a vital role. In this project we are going to discuss about the accounting cycle, its role in maintaining records, steps in accounting cycle, effects of omitting steps in accounting cycle on business progress, important
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