Question 1. Ahmad Trading Enterprise started his business on 1st June 2012 and made the following transactions for whole month of June 2012. All Cash transactions are referred to Cash at Bank. June 2012 1. Owner invested Rm30,000 in cash, car valued at Rm20,000 and furniture valued at Rm5,500 to start the business. 2. Paid rent of Rm2,000, and bought stationery costing Rm500 for cash. 3. Paid for insurance Rm200. 5. Purchased office equipment costing Rm5,000 paying
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However, there are a plenty of people who cannot own or even rent an apartment because of the high housing prices. According to the Hong Kong Audit Commission(2014), there are 22.8 million peoples who are in a waiting list of public rental housing and most of them are from lowincome families, singletons, elderly and unemployed people. Most of them are living in urban slums known as "cage home" because they cannot afford the payment of rent or buy house. Therefore, It is demonstrated that the housing
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| | | 3. | Question : | (TCO 1) You own a car and are trying to decide whether or not to trade it in and buy a new car. Which of the following costs is an opportunity cost in this situation? | | | Student Answer: | | the trip to Cancun that you will not be able to take if you buy the car | | | | the cost of the car you are trading in | | | | the cost of your books for this term | | | | the cost of your car insurance last year | | Instructor Explanation:
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online social networking, mobile technology, location-based services, and penny-pinching. There are several online P2P services offered that defy traditional “rental” services, such as renting out your own car, gadgets, parking spot, and even your own garden, among many other things. The ability to rent out almost anything has
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1. What does the term cost management mean? Who in the typical firm or organization is responsible for cost management? = Cost Management is the process of effectively planning and controlling the costs involved in a business. The one who’s responsible for cost management is management accountant. 2. List the four functions of management. Explain what type of cost management information is appropriate for each. = 1. Strategic Management. Cost management information is needed to make sound
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organizations obligation to contribute to the great good of society. Chipolte has specific polic in their code of conduct that specifically address holders, who are As a Service Representative working with customers on a daily basis for Enterprise Rent-A-Car, sustaining effective communications with our customers and my co-workers is essential in accomplishing and maintaining my daily work activities, 2) Explain the steps that the company should take to ensure that employees follow the code
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Indian Student Association FAQ document prepared based on the discussion with a group of new students. Some of the questions in this document are applicable only for MIS students. For more information please contact Vamsi Krishna Palaveri Chakravarthy (vamsi.palaveri_chakravarthy@okstate.edu) - President Rhupesh Damodaran Ganesh Kumar (rhupesh@okstate.edu) - Vice-President Avinash Avija (avinash.avija@okstate.edu) - General Secretary Q: Items you must buy from India A: 1. Dress expect winter
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Description of Business Entity Blanna’s Fashion Boutique is a partnership. This business is owned and operated by Anna Kay Blake, Shadae Russell and Ovasha Bartley a Group of ambitious young ladies. Our main aim is to make a profit while catering for the needs of the community which it is situated in. Blanna’s Fashion Boutique is situated in Montego Bay at the Blue diamond plaza 10 Pearl Street. This business has been in existence since June 20, 2008. We employ approximately fifteen
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Term Paper on What is investment and debt/trade financing modes followed by Islamic Banks in Bangladesh. Do they conform to shariah rules. If so, how and if not, why not. Give your own conclusion/concluding remarks / recommendation. Course code: Fin-5502 Subject: Submission of Term Paper Dear Sir, I am very much delighted that I am submitting herewith my term paper titled “what is investment and debt/trade financing modes followed by Islamic
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listed 2. Which accounting assumption assumes that an enterprise will continue in operation long enough to carry out its existing objectives and commitments? a. Monetary unit assumption b. Economic entity assumption c. Time period assumption d. Going concern assumption e. None of the options listed Johnny’s Car Repair Shop started the year with total assets of $60,000 and total liabilities of $40,000. During the year the business recorded $100,000 in car repair revenues, $55,000 in expenses, and dividends
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