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SENECAACC120Terry MargelFall

ACC120 Chapter Notes - Chapter 4: Financial Statement, Trial Balance, Accounting Equation

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Permanent accounts appear on the balance sheet and are never closed at the end of the annual accounting year. Temporary accounts do not appear on the b
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SENECAACC120Terry MargelFall

ACC120 Chapter Notes - Chapter 4: Accounts Payable, Deferral, Current Liability

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SENECAACC120Terry MargelFall

ACC120 Chapter 4: ACC120 Problems 4 G

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For the year ended december 31, 2017: bray, capital, january 1 Less: drawings : bray, capital, december 31 Income summary 350: bray, capital 301. 31
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SENECAACC120Terry MargelFall

ACC120 Chapter 4: ACC120 Problems 4 B

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SENECAACC120Terry MargelFall

ACC120 Chapter 4: ACC120 Problems 4 D

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SENECAACC120Terry MargelFall

ACC120 Chapter Notes - Chapter 4: Current Liability, Working Capital, Accounts Receivable

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Working capital = current assets current liabilities. Big river: working capital = ,000,000 ,000 = ,000. Small fry: working capital = ,000 ,000 = ,000.
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SENECAACC120Terry MargelFall

ACC120 Chapter Notes - Chapter 4: Capital Account, Accounts Receivable, Financial Statement

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1. 02 (b) indigo"s liquidity at march 28, 2015 is very similar to that of the two previous fiscal years. Ratios are strong, due in part to very few sal
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SENECABUS400Sandra WellmanFall

BUS400 Lecture Notes - Lecture 3: Economic Equilibrium, Demand Curve, Normal Good

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(e) a fall in the price of personal computers will not affect the demand for personal computers, but the quantity demanded will increase. As the price
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SENECABUS400Sandra WellmanFall

BUS400 Lecture Notes - Lecture 3: Demand Curve, Normal Good, Orange Juice

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Answers to problems and exercises: table 3. 9. Price ($) original quantity demanded new quantity demanded. A rapid movement of people into the communit
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SENECABUS400Sandra WellmanFall

BUS400 Lecture Notes - Lecture 2: Opportunity Cost, Decision Rule

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Opportunity cost the next-best alternative that is sacrificed when a choice is made. We are forced to choose only because of scarcity; and whenever we
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