Accounting Made Easier Chapter One Essay - 1273 Words

ACCOUNTING MADE EASIER CHAPTER ONE INTRODUCTION TO ACCOUNTING STARTING A BUSINESS In February 2016, Adam and Lucy were very excited about starting a company to sell muffins. These muffins were to be made using their grandmother’s recipes. To honor their grandmother, they decided to call the business Nana’s Muffin Company. Unfortunately, they realized that they did not have much money. On top of that, they also had very little business experience. Therefore, the brother and sister made plans to start with a small company. Their main objective is that the business will grow as more customers become aware of their products. Adam and Lucy are well aware that accountants provide advice. This advice assists directors and managers of a company better understand their businesses. Since they had never started a company before, they made an appointment with Natalie Jean, an accountant who had provided helpful business advice to several of their friends. Let’s imagine that you were in Adam and Lucy’s position. Some of the questions that you would be asking yourself are; What do I need know in order to start my business? What are the main goals for my business? What is my plain in achieving those goals? What resources do I need in my business? How would I finance those resources? How would I organize my company? Who would my customers be? How would I know whether I am reaching my goals or not? Each and every one of us uses information to help us make decisions. Such informationShow MoreRelatedHomework1217 Words   |  5 PagesHSMG 699 Assigniment 1 (Submit via SAKAI by Friday, Feb. 5 midnight) Right on homework Corrected on homework Multiple Choice Questions: 1. Which of the following statements about finance, accounting, and financial management is most correct? a. Accounting is of no value in decision making. b. Accounting provides the theory and concepts necessary to help managers make better decisions. c. Financial management involves the measurement, in financial terms, of operational events that affectRead MoreWorking with Financial Statements1378 Words   |  6 PagesWorking with Financial Statements Accounting is the heart and soul of executing a successful business. Accounting is used to provide record for all items that are paid and received for a business over any period of time. Within the purpose of accounting lies the need to provide continuity and sustainability within a business, without it a business will not thrive. The information obtained is kept on record, in order to give insight to upper management on data concerning the daily revenue and expensesRead More3101AFE Seminar Questions from Seminars 1 6 Sem 1 20151558 Words   |  7 Pagesï » ¿3101AFE Accounting Theory and Practice Seminar Questions for Seminars 1- 6: Semester 1 2015 SEMINAR 1 - Semester 1 2015 Deegan Topic 1: Introduction to financial accounting theory QUESTION 1 – Question 1.2: If you developed a theory to explain how a person’s cultural background influences how they prepare financial statements, would you have developed a positive theory or a normative theory? QUESTION 2 - Question 1.3: What is a conceptual framework, and would it be considered to be a positiveRead MoreTechnology Has An Important Asset Nowadays1090 Words   |  5 Pagesany kind of information they wanted is no longer exist. People can access and get almost of any information from the internet. 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Stakeholders will have theirRead MoreThe Role Of Financial Reporting On The International Accounting Standards Board1533 Words   |  7 Pagesdocumented and what information can actually affect a user’s decision. The conceptual framework published by the International Accounting Standards Board (IASB) aims to set out the fundamental concepts in the preparation and presentation of financial statements (IFRS 2014). This essay will attempt to analyse the specific concept of prudence found in the qualitative characteristics chapter of the conceptual framework. Prudence has been omitted from the conceptual framework in recent years, and this essay willRead MoreAccounting Information; User and Uses1701 Words   |  7 PagesUSERS OF ACCOUNTING INFORMATION AND THEIR NEEDS ACCT101 [Assignment 1] - Accounting Information, Users and Uses Abdul Samad Mustafa [1283] Course: ACCT101 [Dr. Naim Hassan El-Sayed] NYIT – Abu Dhabi, U.A.E. CONTENTS Abstract 3 Users of Accounting Information and their needs 4 Introduction 4 Users of accounting Information and responsibilities of accountant 4 External Users 6 Internal Users 7 The needs of accounting information 7 Conclusion 8 References 9 Abstract External users of accounting informationRead MoreEssay about Major in Success885 Words   |  4 Pagespurpose and point of view in regards to why he chose to write the book in the first place in second paragraph of the first chapter. The term extraordinary drive, described as the â€Å"magic ingredient that will make your dreams come true,† sets the tone of the book that really engages the reader in a rollercoaster ride of critical thinking in regards to the text. The early chapters of the book focused on creating awareness to the idea that being truly successfully results from choosing a job that sparksRead MoreIndustry Specific Changes. The Telecommunications Industry1697 Words   |  7 PagesThe 2000 downfall introduces proposals that aim to increase financial performance. Two suggestions include subsidies and telecommunications mergers. It is possible that carriers who supply excess capacity may experience Chapter 11. However, there is no need for subsidies as Chapter 11 dissolutions are rare. Mergers enable two companies to pull resources together to solve financial woes. However, merger proposals are approved on a case-by-case basis (Litan Noll 2004). During the 90s boom,Read MoreAn Assignment On The Freelance Business Essay1564 Words   |  7 Pagesthem. Theoretically you could have separate business lines with different models operating as one unit. However, this chapter and each of the subsequent ones will be dedicated to focusing on just one of these models. Within each chapter, there will also be examples of legacy incumbents, some business theory, as well as disruptors who have done something different to reframe the norm. Obviously, this chapter is dedicated to the freelance model. Whether there is a good or service involved, the freelance

Probability and Punnett Squares in Genetics

Statistics and probability have many applications to science. One such connection between another discipline is in the field of genetics. Many aspects of genetics are really just applied probability. We will see how a table known as a Punnett square can be used to calculate the probabilities of offspring having particular genetic traits. Some Terms from Genetics We begin by defining and discussing some terms from genetics that we will use in what follows. A variety of traits possessed by individuals are the result of a pairing of genetic material. This genetic material is referred to as alleles. As we will see, the composition of these alleles determines what trait is exhibited by an individual. Some alleles are dominant and some are recessive. An individual with one or two dominant alleles will exhibit the dominant trait. Only individuals with two copies of the recessive allele with exhibit the recessive trait. For example, suppose that for eye color there is a dominant allele B that corresponds to brown eyes and a recessive allele b that corresponds to blue eyes. Individuals with allele pairings of BB or Bb will both have brown eyes. Only individuals with pairing bb will have blue eyes. The above example illustrates an important distinction. An individual with pairings of BB or Bb will both exhibit the dominant trait of brown eyes, even though the pairings of alleles are different. Here the specific pair of alleles are known as the genotype of the individual. The trait that is displayed is called the phenotype. So for the phenotype of brown eyes, there are two genotypes. For the phenotype of blue eyes, there is a single genotype. The remaining terms to discuss pertain to the compositions of the genotypes. A genotype such as either BB or bb the alleles are identical. An individual with this type of genotype is called homozygous. For a genotype such as Bb the alleles are different from one another. An individual with this type of pairing is called heterozygous. Parents and Offspring Two parents each have a pair of alleles. Each parent contributes one of these alleles. This is how how the offspring obtains its pair of alleles. By knowing the genotypes of the parents, we can predict the probability what the offsprings genotype and phenotype will be. Essentially the key observation is that each of a parents alleles has the probability of 50% of being passed down to an offspring. Lets go back to the eye color example. If a mother and father are both brown eyed with heterozygous genotype Bb, then they each have probability of 50% of passing on the dominant allele B and a probability of 50% of passing on the recessive allele b. The following are the possible scenarios, each with probability of 0.5 x 0.5 0.25: Father contributes B and mother contributes B. The offspring has genotype BB and phenotype of brown eyes.Father contributes B and mother contributes b. The offspring has genotype Bb and phenotype of brown eyes.Father contributes b and mother contributes B. The offspring has genotype Bb and phenotype of brown eyes.Father contributes b and mother contributes b. The offspring has genotype bb and phenotype of blue eyes. Punnett Squares The above listing can be more compactly demonstrated by using a Punnett square. This type of diagram is named after Reginald C. Punnett. Although it can be used for more complicated situations than the ones that we will consider, other methods are easier to use. A Punnett square consists of a table listing all of the possible genotypes for offspring. This is dependent upon the genotypes of the parents being studied. The genotypes of these parents are typically denoted on the outside of the Punnett square.   We determine the entry in each cell in the Punnett square by looking at the alleles in the row and column of that entry. In what follows we will construct Punnett squares for all possible situations of a single trait. Two Homozygous Parents If both parents are homozygous, then all of the offspring will have an identical genotype. We see this with the Punnett square below for a cross between BB and bb.   In all that follows the parents are denoted with bold. b b B Bb Bb B Bb Bb All of the offspring are now heterozygous, with genotype of Bb. One Homozygous Parent If we have one homozygous parent, then the other is heterozygous. The resulting Punnett square is one of the following. B B B BB BB b Bb Bb Above if the homozygous parent has two dominant alleles, then all of the offspring will have the same phenotype of the dominant trait. In other words, there is a 100% probability that an offspring of such a pairing will exhibit the dominant phenotype. We could also consider the possibility that the homozygous parent possesses two recessive alleles.   Here if the homozygous parent has two recessive alleles, then half of the offspring will exhibit the recessive trait with genotype bb. The other half will exhibit the dominant trait but with heterozygous genotype Bb. So in the long run, 50% of all offspring from these types of parents b b B Bb Bb b bb bb Two Heterozygous Parents The final situation to consider is the most interesting.   This is because the probabilities that result.   If both parents are heterozygous for the trait in question, then they both have the same genotype consisting of one dominant and one recessive allele. The Punnett square from this configuration is below.   Here we see that there are three ways for an offspring to exhibit a dominant trait and one way for recessive.   This means that there is a 75% probability that an offspring will have the dominant trait and a 25% probability that an offspring will have a recessive trait. B b B BB Bb b Bb bb

How Did Shakespeare Portray the Concept Free Essays

How did Shakespeare portray a concept of honour in Henry IV part 1? In this world, there exists, since the dawn of civilisation of mankind, a thing that we are fighting and dying for—that is honour. Shakespeare explores the theme of honour in Henry IV part 1 in a rather interesting way by having it presented in a different form varying from character to character. Henry IV wants to protect his honour by using any means available to vanquish the rebels, his sinful act to King Richard also keeps haunting him and shakes his own faith in his honour. We will write a custom essay sample on How Did Shakespeare Portray the Concept or any similar topic only for you Order Now While his son’s dishonourable acts in the beginning of the play wearies him further. Superficially, one may think Prince Hal is a typical young slacker whose life has been fully lured by the glamorous but immoral world of liquor,gambling, prostitution and crime, the truth is, unbeknownst to anyone, the prince is scheming to reform himself from an idler into a more responsible and competent heir to the throne. Here, his vision of honour of behaving like the royal is an impetus for him to seek new behaviour which will bring him more merits, making him an honourable figure the status he deserves. Or Hotspur, honour is everything, ironically more valuable than his wife. His excess obsession of honour induces many political mistakes, most notably his decision to confront the king at Shreswbury despite having less number of troops. In other words, Hotspur’s passion for honour blinds him from the reality. For all his chivalry and valor in the battle, Hotspur is proved to fail at being a military strategis as well as effective leader. It is none other than the lazy, unscrupulous and coward Sir Falstaff whose existence in the play represents the values that totally oppose the fore-mentioned concepts of honour. His disenchanted view on honour can make the audiences see that the reason behind other characters’ action are single-minded and irrational or more poignantly worthless. Overall, the exhilaration of the play partially arises from Shakespeare’ way of presenting honour in various forms, paralleling the play to the real world where different people all know honour with different interpretation. King Henry IV whose name is the title of the play, is not in fact the protagonist, however the play speculates what has occurred during his turbulent reign. In Richard II, the audiences see him as dynamic and brave, indicating his kingly qualities. All the audiences must then be bewildered upon seeing him in this play. Suspicious, stressful and sick was the king after all dishonouralbe acts he did to King Richard previously. Shakespeare tries to explore how the sin of being viciously dishonourable comes back to haunt its perpetrator. Despite the king’s regret of what he did to Richard and his passion to redeem himself by going to crusade, this sin seems to block all the means for the king to purify himself. The rebellion of the Percys and rebellious nature of his son led him to grow very ill. Act one scene one, he moaned about his son and mistakenly praises Hotspur’s qualities, saying that Hotspur is â€Å"a son (of Percy) who is the theme of honour’s tongue, implying that Hal brings him with nothing but shame and disgrace. His anger even drives him further to contemplate that if he only and Northumberland could switch sons, â€Å"would have I (himself) his Harry and he mine. Fortuantely, in the end the king gains back honour by defeating the rebels and his son, who used to represent everything he scorns and acts dishonourably, has redeemed himself and proves to be an effective warrior. Henry Momouth or affectionately known as Hal is an interesting character as well as complex. At the beginning,the audiences see Hal as a drunken idler who acts nothing like an heir to the throne. Unexpectedly, Hal, in Act 1scne 2 makes it clear that he doesn’t plan to live the rest of his life in this world of immorality, in fact he claims that he is pretending to be this sort of person then when the right moment comes, he is going to transform himself into a person with all characteristics of the king. Reformation, glittering over faults, will do more goodly and attract more eyes† expresses his prediction that his â€Å"reformation† would make his subjects surprises and therefore gains more popularity for him which is necessary in order to keep the kingdom stable. Hal has a vision that the great honour of being king will at the eventually fall on him whether he likes it or not. This vision of future honour is the impetus of Hal’s self-reformation. Henry Ho tspur was a renowned warrior whose actions and decisions all have been influenced by the concept of honour. Unlike other characters, Hotspur’ was too obsessed with honour, resulting in a single-minded decision making. For all his chivalry, Hotspur was an utter political failure. Act 4 Scene 1, despite possessing less troops, HOTSPUR, without opening his mind for Worcester and Vernon’s suggrstion, decided to confront the king’s troops the next day. Moreove, this sort of obsession makes Hotspur far from being diplomatic. Whenever he is angry, he always bursts and doesn’t listen to anyone but himself. All this proves that, comparing to Hal, he is not deserved to wield the power. However, despite these differences, he and Hal share only one common belief in one respect of honor. Both of them make it clear that in order for one to gain honor, another one must die first. â€Å"Harry to Harry shall, hot horse to horse, meet and never drop til one dropped a corpse† said Hotspur in Act 4 scene 1 before the battle of shrewsbury. This line best exemplified the fore-mentioned point. Falstaff lacked any sort of honur. â€Å"what is honur? A word†, expressed Flastaff, demonstrating his disenchanted attitude towards honour. Although having been opposing this concept, at the end of act 5 scene 4, Falstaff seems to be sel-contradictory when he commented that he would embrace a new and more honourable lifestyle only if he gains honor and status after the battle. From this, it is clear that Falstaff would embrace the concept of honour only if honor comes to him first. Therefore he does not oppose honour for ideological reason but rather for practical reason as through out the play honour in anyform doesn’t seem to come to him‘ In conclusion, different characters in this play have different concepts of honour How to cite How Did Shakespeare Portray the Concept, Essay examples

Manila Chamber Singers free essay sample

The Manila Chamber Singers rehearsed prior to the formal presentation to make certain theyll satisfy the crowd and satisfaction Is an understatement-?it was an amazing performance that will leave an Indelible mark on my Inner artistic self. When the first song was showcased-?our national anthem, I knew right there and then that I got more than what I paid for. I couldnt remember the last time that the Leapfrogging gave me Goosebumps. They Introduced four spiritual songs and I thought their repertoire was Limited to this genre.I took notes on vocal dynamics since I encountered It on Hallelujah. I also Jotted one particular song-?Comprehensible since for me selling Is hard while singing good Is harder but selling a German song that good? The ensemble never ceases to amaze me. On top of that, they also did some cultural songs from local regions of our country (I. We will write a custom essay sample on Manila Chamber Singers or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Kerugma from Panky island) I took some videos since I am eager to show my musician friends the Manila Chamber Singers experience. This doesnt happen every day, so why not capture the moment? It got more entertaining when they did popular ones that even youngsters knew. Of all the songs from their set lists, Overdrive and Moonrise belong to my favorites. Overdrive has a cool bass line and Moonrise has a nice chord progression, imagine my Joy when I heard these from them. But the real surprise of the evening was when they did the medley. They got the crowd with all sorts of dancing, acts etc. I thought these type of performers were too conservative, kudos for breaking boundaries and spicing it up.