PRACTICE SET V.1. SEMESTER ONE 2014 CHOICE TRUCK TYRES 67 Coppin Street, Bayside, VIC 3010 Tom Blakeney, a semi-retired truck driver started a retail business on 1 February 2014, supplying two grades of truck tyres for a specific truck model. They are Standard TT and Premium TT, and TT stands for Truck Tyres. As most of his customers are truck companies, Tom is not required to provide delivery services. Therefore, he did not have to invest in motor vehicles. Instead, he invested in equipment for
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PRACTICE SET V.1. SEMESTER ONE 2014 CHOICE TRUCK TYRES 67 Coppin Street, Bayside, VIC 3010 Tom Blakeney, a semi-retired truck driver started a retail business on 1 February 2014, supplying two grades of truck tyres for a specific truck model. They are Standard TT and Premium TT, and TT stands for Truck Tyres. As most of his customers are truck companies, Tom is not required to provide delivery services. Therefore, he did not have to invest in motor vehicles. Instead, he invested in equipment for
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fundamentals of financial accounting as well as the identification, measurement, and reporting of the financial effects of economic events on the enterprise. Financial information is examined from the perspective of effective management decision making with special emphasis on the planning and controlling responsibilities of practicing managers. Policies Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents:
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2, 2015 Question ONE Proforma Family name: | First names: | Deakin ID: | Deakin Username: | SPECIAL INSTRUCTIONS: * Question 1 must be completed and submitted on this proforma. * Please ensure that you understand the University rules on plagiarism – it must be your own work. * Include your answer in sections provided * You can create more lines on the journal entry tables etc. by placing the cursor at the end of a row and pressing return. * Insert your name and
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CHAPTER 2 * Overview of Business Processes SUGGESTED ANSWERS TO DISCUSSION QUESTIONS 2.1 Table 2-1 lists some of the documents used in the revenue, expenditure, and human resources cycle. What kinds of input or output documents or forms would you find in the production (or conversion) cycle? Students will not know the names of the documents but they should be able to identify the tasks about which information needs to be gathered. Here are some of those tasks:
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A C C O U N TA N C Y HIGHER SECONDARY – FIRST YEAR Untouchability is a Sin Untouchability is a Crime Untouchability is Inhuman. TAMILNADU TEXTBOOK CORPORATION College Road, Chennai - 600 006. © Government of Tamilnadu First Edition - 2004 PREFACE CHAIRPERSON Dr. (Mrs) R. AMUTHA Reader in Commerce Justice Basheer Ahmed Sayeed College for Women Chennai - 600 018. REVIEWERS Dr. K. GOVINDARAJAN Reader in Commerce Annamalai University Annamalai Nagar - 608002. Dr. M. SHANMUGAM Reader
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BAO1107 Accounting Information System School of Accounting & Finance Faculty of Business and Law Revision from Topic Four Special journals Special ledgers General ledgers Current Assets and Internal Control Reading & References Textbook Chapter 7 and 11 PowerPoint presentation by Anne Abraham,University of Wollongong ©2009 John Wiley & Sons Australia, Ltd Current Assets and Internal Control Learning objectives Define the term cash as it is used in accounting ; Explain
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INCOME TAXATION Preservation of book of accounts All the books of accounts, including the subsidiary books and other accounting records of corporations, partnerships or persons shall be preserved by them within 3 years (except in case of a false or fraudulent return) from the Last entry in each book and for which period the commissioner is authorized to make an assessment Exception: 1. Fraud, irregularity or mistakes as determined by the commissioner; 2. The taxpayer request reinvestigation;
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F U N A C C O CHAPTER 1 DEFINITION AND NATURE OF ACCOUNTING Accounting – its function is to provide quantitative information, primarily financial in nature, about economic entities that is intended to be useful in making economic decisions. Stakeholders – all parties who have interest in an entity, whether indirect or direct. Stakeholders are grouped into two, namely: * External Users – groups or individuals who are not directly concerned with the day-to-day operations of the entity
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A C C O U N TA N C Y HIGHER SECONDARY – FIRST YEAR Untouchability is a Sin Untouchability is a Crime Untouchability is Inhuman. TAMILNADU TEXTBOOK CORPORATION College Road, Chennai - 600 006. © Government of Tamilnadu First Edition - 2004 PREFACE CHAIRPERSON Dr. (Mrs) R. AMUTHA Reader in Commerce Justice Basheer Ahmed Sayeed College for Women Chennai - 600 018. REVIEWERS Dr. K. GOVINDARAJAN Reader in Commerce Annamalai University Annamalai Nagar - 608002. Dr. M. SHANMUGAM Reader
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