Current account

Team: Effective now, EVERY SINGLE ACCELERATED ACCOUNT (STOP DESCRIPTION 315, 320 & 325) will NOT BE ELEGIBLE FOR AN RPP program, the only assistance we will be able to provide on these accounts are as follows: a) CUSTOMER PAYING TOTAL AMOUNT PAST DUE: The customer need to understand at this point an NOD (Notice of default $75.00) and NOA (Notice of Acceleration $600.00) has been mailed out and the customer never cured the delinquency, we cannot take 1 or 2 payments, due to this legal notices…

1. | Question : | (TCO A) Listed below are several information, characteristics, and accounting principles and assumptions. Match the letter of each with the appropriate phrase that states its application. | | | Student Answer: | | : Historical cost principle | | 1 : Earnings process completed and realized or realizable | | | | : Going concern principle | | 2 : Cost of providing financial information versus the benefits derived from its use | | | | : Matching principle | |…

General Mills has $5,330.8 million in total current liabilities and Land O’ Lakes has $5,206,807 in total liabilities. These figures are very close; nonetheless General Mills has more total liabilities, but also more money in assets than Land O’Lakes. A successful company has more assets than liabilities…

1. The role of ethics in the accounting profession governs how an accountant performs in any given situation. Ethical behavior for accountants is following approved guidelines, representing themselves truthfully, representing their clients honestly, and not doing anything to cause mistrust between the two. Social responsibility is the ethical framework of an organization or individual to work on behalf of the society. Accountants must compile and prepare financial data that is truthful and…

1. Rushed (Current Bank Experience) My first experience with selecting my current bank draws back to my first day at university. I created an account, on paper, at a tent during the welcome week celebration. The experience was quite rushed and informal. I had numerous questions and concerns. I have never had to deal with my own finances before, and I was quite nervous. However even though the rushed process, the bank was quite accredited and well-known so I didn 't mind and felt safe inputting…

Similarities between Job costing and Process costing: • Both are used to calculate the cost of products. • Both have the same cost steps. Both Job cost and Process cost record production in separate accounts for materials inventory, labor, and overhead. The costs are moved to a Work in Process Inventory account. • Both use pre-calculated overhead rates to apply overhead. Differences between job costing and process costing: • Types of products produced. Companies that use job costing have…

First Amendment free speech protection and private sector employees who are not given First Amendment protection.” One of the limitations is that it does not protect prospective employees, rather it protects existing employees from discipline “’on account of the exercise by such employee of rights guaranteed by the [F]irst [A]mendment to the United States Constitution’ so long as the ‘activity does not substantially or materially interfere with the employee 's bona fide job performance or the…

One day in 2003, employees went to work in New Jersey with new social media privacy laws. The new law set in place regulated how much an employer could monitor an employee’s social media accounts. Employers in New Jersey were able to ask for social media passwords to access their employee’s social media accounts. The new law mandated that employers could not do this anymore. When the new law occurred it was the 12th state at the time to implement a social media privacy law in the workplace. The…

$4,500 Debit Laundry Supplies $2,000; credit Laundry Supplies Expense, $2,000 Debit Laundry Supplies Expense, $4,500; credit Laundry Supplies, $4,500 6) Use the following data to determine the total dollar amount of assets to be classified as current assets. Koonce Office Supplies Balance Sheet December 31, 2010 $580,000 $430,000 $360,000…

that the following report is my own unaided work and a true reflection of the organisation. Word Count – 4570. Contents: 1. Terms of Reference 2. Methodology 3. Executive Summary 4. Introduction to the Organisation 5. The Accounts Department 6. Review of the Accounting System 7. Internal Control and Analysis of Fraud 8. Recommendations to Improve 9. Cost benefit Analysis 10. Appendices 1. Terms of Reference 2.1 This report investigates…