1.
Plagiarism is a sort of activity which is done to steal and use someone’s work and declare that work as their individual work. Thus, one might say that plagiarism is an exploitative work. It contains two exercises. To start with, take another person’s work and afterward pass it off as own work. Colleges punish such sort of work. They force high punishment on such activities
The study explains that plagiarism is an awful thing for honest students as they write and complete their work by themselves and dishonest student complete their work with the help of various websites which are offering the academic writing work. It leads dishonest student to higher marks than honest students.
2.
A special technique is required to paste the spreadsheet in doc file along with the raw and column headings:
Formulas:
For pasting the spreadsheet in doc file in formula view, user have to take the help of (ctrl+~). Firstly, click the (Ctrl +~) and then go to page layout option and enable the option of print box in heading menu. Later, copy and paste the table into the doc file and afterwards, a menu box would pop up at end of the table. Lastly, click on the menu box and chose the option “paste as picture”.
3.
|
Website |
Comment |
URL |
|
AICPA |
AICPA assists the accounting professionals to manage and enhance the accounting techniques and accounting ethics knowledge. |
|
|
FASB |
FASB makes it easy for the private organization to prepare the financial statements. |
|
|
Accounting info |
Accounting info offers the study material to the accounting professional students. |
|
|
Gradestack.com |
Gradestack is also relevant for the accounting professional student to find out the study material and understand each equation of accounting. |
4.
There are various accounting bodies in Australia. IPA (institute of public accountant) is one of them. It is one of the most used professional bodies in Australia. This accounting body assists the accounting and auditing professionals in enhancing their knowledge and it improves the overall development. Accounting professional study material is available at this website that helps the students to enhance their knowledge (IPA, 2017).
This website offers the various study material and practice manuals to the accounting professional students such as law modules, costing modules, accounting and auditing modules etc.
5.
Computing environment must be enough updates and should be comfortable for employees of an organization to work productively and with successfully. Computing environment is an inclusion of numerous equipment, programming and different assets. This inclusion helps the organization in achieving the goals and the objectives. Hardware incorporates CPU, monitor, mouse, keyboard, modem, scanner, data cable, printer and so on. Though, Software incorporates Database system, Spreadsheets, doc records and control point.
Software should be updated in an association to help the workers at its fullest and influence the task to ease. An updated software helps the workers to done the given task at the earliest opportunity (Science daily, 2017). Operating system of an organization should likewise be as indicated by the work so it turns out to be very simple for the workers of the organization and other individuals at working environment to done the undertaking.
Power point software assists the workers toward exhibit data in an expert way. Doc documents help to records and keep up the data of the organization. Data base management is useful to keep a track over the business exercises and keep up every one of the exercises. Spreadsheet is useful to set up the financial transactions and break down the circumstance of organization.
On the other hand hardware is also essential for a business. Without the assistance of equipment and hardwires, it is not possible for the user to run the software. Hardware is helpful to give the command to the PC and get back the information. Hardware should be in a flawless state with the goal that workers could do work viably. CPU is the principle equipment (Nobes and Parker, 2008). It offers command to the software to achieve the assignment. Further, for transferring the file, data cable is useful. Modem interfaces the network to the PC. Printer and scanner help to encode and interpret the data from PC.
In this way it could said that the computing environment of an association must be up to dated with the goal that the work could be ease for the employees.
6.
PALER stands for payment, assets, liabilities, owner’s equity and the revenues of an organization.
|
S. No. |
Account Title |
Type of Account |
|
1 |
Loan Payable |
Liability |
|
2 |
Rent Expense |
Expense |
|
3 |
Cash |
Asset |
|
4 |
Office Supplies |
Asset |
|
5 |
Salary Expense |
Expense |
|
6 |
Salary Payable |
Liability |
|
7 |
Property Tax Expense |
Expense |
|
8 |
Prepaid Expenses |
Asset |
|
9 |
Office Furniture |
Asset |
|
10 |
Electricity and Gas Expense |
Expense |
|
11 |
Accounts Payable |
Liability |
|
12 |
Davis, Capital |
Proprietorship |
|
13 |
Service Revenue |
Revenue |
|
14 |
Accounts Receivable |
Asset |
|
15 |
Supplier Expense |
Expense |
|
16 |
Investments |
Asset |
7.
Adjusting Entries:
|
Accrued expenses |
Expenses a/c Dr Accrued Expenses Cr |
|
Accrued Revenue |
Accrued Revenue Dr Revenue a/c Cr |
|
Unearned Revenue |
Revenue A/c Dr Unearned revenue Cr |
|
Prepaid Expenses |
Prepaid expenses a/c Dr Expenses a/c Cr |
Current assets are those assets that are recorded to in the balance sheet and these assets are expected to be form into cash within a year. On the other hand, noncurrent assets are those assets which are recorded in the balance sheet but could not form into cash in a year (Accounting explained, 2017).
Current ratio could be measured on the basis of current liabilities and current assets to evaluate the liquid phase of the corporation while debt ratio could be measured on the basis of total debt and assets to evaluate the leverage state of the corporation.
|
Current assets |
5,000.00 |
|
Current liabilities |
3,000.00 |
|
Current ratio |
1.67 |
|
Total debt |
10,000.00 |
|
Total assets |
25,000.00 |
|
Debt ratio |
0.40 |
The above calculation explains that the current ratio of the company is quite better and the debt ratio of the case explains that the capital structure of the company is also good.
References
Accounting Course. 2018. Crossword. Retrieved March 26, 2018, from https://www.myaccountingcourse.com/accounting-principles/crossword-puzzles
Accountingexplained. 2018. Non-current assets. Retrieved March 26, 2018, from https://accountingexplained.com/financial/non-current-assets/
CPA. 2018. ABC Learning collapse case study. Retrieved March 26, 2018, from https://www.cpaaustralia.com.au/professional-resources/education/abc-learning-collapse-case-study
CPA. 2018. Toolkit. Retrieved March 26, 2018, from https://www.cpaaustralia.com.au/professional-resources/financial-planning/toolkit
IPA. 2018. Home. Retrieved March 26, 2018, from https://www.publicaccountants.org.au/
Myaccountingcourse. 2018. Adjusting Entries. Retrieved March 26, 2018, from https://www.myaccountingcourse.com/accounting-cycle/adjusting-entries
Nobes, C., & Parker, R. H. 2008. Comparative international accounting. Pearson Education
Plagiarism.org. 2018. What is Plagiarism? Retrieved March 26, 2018, from https://www.plagiarism.org/plagiarism-101/what-is-plagiarism/
Sciencedaily. 2018. Computer Security: Reducing risks of malware infections. Retrieved March 26, 2018 https://www.sciencedaily.com/releases/2013/12/131216142931.htm
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