Office Of The Secretary Of Transportation - 987 Words

Organization Structure Office of the Secretary Leadership of the Department of transportation is provided by the Secretary of Transportation, who is the chief advisor to the president in all matters relating to federal transportation programs. The secretary is assisted by the Deputy Secretary in this role. This office manages the formulation of national transportation policy and helps promote intermodal transportation. This office also negotiates and implements international transportation agreements, assures the fitness of US airlines, issues regulations preventing alcohol and illegal drug misuse in transportation systems and also preparing transportation legislations. Director/ Deputy Director Serves as the Department’s Emergency coordinator providing leadership for all Departmental civil transportation intelligence, security policy, emergency preparedness, response and recovery activities and those of federal transportation’s operating and support agencies. They also provide effective management and direction of the office of intelligence, security and emergency response staff in performance of the pragmatic functional areas of responsibility. Intelligence Division The intelligence Division is accountable for providing all source intelligence products to the Secretary of Transportation and his/her principal staff. It also ensures that the Department of Administration administrators are acquainted with current developments and long range trends in international terrorism,Show MoreRelatedDepartment Of Homeland Security And Terrorism1517 Words   |  7 Pages2001). During his speech, the president unveiled the plans for the United Stated Department of Homeland Security. The Start of Homeland Security Pennsylvania Governor Tom Ridge was appointed director of the Office of Homeland Security eleven days after the terrorist attacks. The Office of Homeland Security was tasked with coordinating and overseeing strategies to safeguard the United States from terrorists foreign or domestic and implementing response plans for any future attacks against ourRead MoreThe Homeland Security Act Of 20021562 Words   |  7 Pagesmanagement of one department. An established chain of command leaves the Secretary of the DHS, overall in charge of the whole department. The secretary of the DHS, Appointed by the President, is the head of the department. The president appoints the secretary with the consent of the senate (H.R. Res. 5005, 2002). After the appointment of the secretary, the secretary takes complete control of the department. The secretary delegates the functions of the department established by the act. In additionRead MoreU.s. Federal Department Of Homeland Security1245 Words   |  5 Pagesrange of threats we as a country may face. The department was created eleven days after the September 11, 2001 terrorist attack. President George W. Bush, appointed Pennsylvania Governor Tom Ridge as the first Director of the Office of Homeland Security in the White House. The office duties are to oversee and coordinate a comprehensive national strategy to safeguard the country against terrorism and respond to any future attacks. On November 2002, Congress passed the Homeland Security Act and the DepartmentRead MoreThe Current Governor Of Texas 946 Words   |  4 Pagesexecutive branch is often referred to as a â€Å"plural executive† because many of the offices in that branch of government are elected directly by Texas voters. The Executive Department of the State is composed of the Governor, the Lieutenant Governor, the Comptroller of Public Accounts, the Commissioner of the General Land Office, the Attorney General and the Secretary of State, all of whom are elected except the Secretary of State (who is appointed by the Governor). The current governor of Texas (48th)Read MoreMajor Job Category1520 Words   |  7 PagesOffice and Administrative Support Occupations Administrative support occupations include the works those are given at the administrative side of the business. These include many areas such as accounting, data collection, office management etc. These jobs are significantly vital in many companies providing valuable assistance throughout the organization. The jobs under this category are described below: 1. Bill and account collectors: these collectors negotiate with people especially with debtorsRead MoreThe Historic Preservation Laws Of The Street Art1739 Words   |  7 Pagesv. Parker and Penn Central Transportation Co. v. New York City. Aesthetic regulations were widely criticized until the U.S. Supreme Court upheld the decision of the taking of the private property for slum clearance by the District of Columbia in Berman v. Parker. Justice Douglas reasoned that public values can be â€Å"spiritual as well as physical, aesthetic as well as monetary.† Many later courts upheld various types of the aesthetic regulations. Penn Central Transportation Co. is another hallmark caseRead MoreIntroduction Of Homeland Security ( Dhs )1101 Words   |  5 PagesDepartment of Homeland Security (DHS) has with private enterprises and their involvement in prevention, response, and recovery. The Private Sector Office (PSO) is the primary advisor to the Secretary on the impact of the De partment’s policies, regulations, processes, and actions with the private sector, Assistant Secretary Douglas A. Smith and the Private Sector Office work constantly to create strategic communications with the private sector to enhance the homeland security enterprise (Live Chat Five 2015)Read MoreThe Department Of Homeland Security844 Words   |  4 Pagesdeliver webinar training, share resources to bring awareness about human trafficking and co-brand public awareness materials with both Blue Campaign and NACo logos. DHS partnered with the U.S. Department of Transportation (DOT) to enhance awareness and victim identification to the transportation industry. DOT also adapted the Blue Campaign’s awareness training to their workforce and in 2012, nearly all 55,000 of its employees have taken the course. In 2012, DHS, DOT, and Amtrak entered a partnershipRead MoreDescribe the Difference in Managerial Accounting vs. Cost Accounting1479 Words   |  6 Pagesof one secretary and 2 social worker positions. There has been a reduction in operating costs; custodian, security contracts and by adjusting the advertising budget. With this data sheet below, the budget has been reduced to $94,000. They have eliminated 1 secretary position, 2 social worker positions (one each department) the custodial and security contracts were reviewed and there was a cut in the advertising budget. Table 1 The table below keeps two social workers, one secretary, and theRead MoreUas Ts Essay1144 Words   |  5 Pagesofficials in UAS detection and counter-UAS tactics †¢ Strategy i. Pursuing a designation from Department of Transportation Secretary Chao, and a federal legislative creation of the center 2. Securing additional Custom and Border Protection (CBP) missions, particularly missions focused on securing the Northern border †¢ Strategy i. The Duetto Group is actively engaged with Senator Heitkamp’s office on the Northern Border Threat Assessment by the Department of Homeland Security, schedule to have been completed

A Comparison of Film and Novel Versions of Frankenstein Essay

A Comparison of Film and Novel Versions of Frankenstein The nature of horror stories gives the reader/audience a feeling of intense fear, shock or disgust. It creates an atmosphere of tension for the reader/audience. Horror stories are designed to entertain people by causing enjoyable feelings of horror. The purposes of the films/novel: In James Whale version and Mary Shelleys novel the purpose was to scare the reader/audience. In Mel Brooks Frankenstein the purpose of the film was to entertain to create humour, to make the audience laugh. Kenneth Branagh s film the purpose was to scare and shock the audience. The film shocks people because it shows what humans can do to nature. The film†¦show more content†¦The people watching hold onto each other. The platform then descends and the first sign of life of the creature is his moving right hand. Frankensteins hysterical cry, Its alive! Goes out of control. The film Young Frankenstein directed by Mel Brooks, 1974 Young Frankenstein is a series of hilarious humour scenes. To create humour exaggerated dialogue was used. This exaggeration made the dialogue sound ridiculous. - When Frankenstein said throw the first switch then the second and third, each time getting louder and louder. The creation scene replicates the 1931 original Frankenstein, similar settings. ===================================================================== Again the film is in black and white. There are two assistants Frankenstein s fiancee and the hunchback. Like the original version of Frankenstein the monster is on a platform. It starts off with Frankenstein making a speech out loud talking to the audience. Frankenstein is dressed in hospital white coat with big goggles strapped around a fright wig of hair and a stethoscope. He tells his hunchback assistance to throw the switches and fiancee turns a big wheel. Whilst Frankenstein is talking the monster and he is raised into the stormy night sky to await the lightning strike needed to bring him to life. Music builds up in crescendo. The noises of the chains as they are descended backShow MoreRelatedEssay about A Comparison of Frankenstein 1994 to Frankenstein 1957520 Words   |  3 PagesA Comparison of Frankenstein 1994 to Frankenstein 1957 Over the past hundred years, Mary Shelley’s novel, Frankenstein has been read worldwide, by many different audiences. In the original novel, the creature is given life by Frankenstein, and then he stretches out his arm to see if Frankenstein will accept him as a son. Whereas in the 1957 film he is in a box full of water, and is wrapped in bandages. The creature tries to strangle Frankenstein until he is stoppedRead MoreThe Reanimated Monster of Mary Shelleys Frankenstein Essay759 Words   |  4 PagesFrankenstein has become a symbol in contemporary society. Upon hearing the name, one might imagine a tall, muscular green man with short black hair, a flat head, and two bolts pierced on both sides of his neck. Although that is the Frankenstein present now, the modern Frankenstein is only an adaptation of Mary Shelley’s original creature. Shelley’s Frankenstein, 1818, is a gothic novel in which she tells the tale of a man creating life. This creation of Victor Frankenstein’s monster eventually hurtRead MoreEssay on Old and Young Frankenstein2939 Words   |  12 PagesOld and Young Frankenstein      Ã‚   Something that interested me greatly about Mary Shelleys Frankenstein was the treatment that the creature received from Frankenstein and the other people around him. I often wonder how things would have turned out had he been treated with a little bit of humanism and compassion, especially by his creator. What if Frankenstein had taken the responsibility as the creatures parent and created him with a little humanism and kindness? Would theRead MoreEssay on Mary Shelleys Frankenstein1643 Words   |  7 PagesMary Shelleys Frankenstein In 1818 a novel was written that tingled people’s minds and thrilled literary critics alike. Frankenstein was an instant success and sold more copies than any book had before. The immediate success of the book can be attributed to the spine-tingling horror of the plot, and the strong embedded ethical message. Although her name did not come originally attached to the text, Mary Shelley had written a masterpiece that would live on for centuries. Read MoreFrankensteins Origin: Assessing Thompsons Argument for the Creatures Literary Ancestors 1443 Words   |  6 PagesThe greatest modern stories often hail from ancient myths, and Mary Shelleys novel, Frankenstein, proves no exception to this claim. Replete with references to John Miltons Paradise Lost and the ancient Greek myth of Prometheus, the story of Frankenstein seems, in many ways, very much like the Creature himself—which is to say, cobbled together from various scraps of previously existing parts. Terry W. Thompson, however, argues convincingly that scholars continue to ignore one of FrankensteinsRead MoreA Comparison of Film Techniques of Two Film Versions of Mary Shelleys Frankenstein1861 Words   |  8 PagesA Comparison of Film Techniques of Two Film Versions of Mary Shelleys Frankenstein Mary Shelley wrote her novel Frankenstein when she was just a young girl of nineteen. She wrote it in 1816, when she went on holiday with her friend, Byron. Byron was already a famous poet, and it was him who suggested that whilst they were away, they should both write a ghost story. At the time it was just a way of passing time and having fun for Mary Shelley, but little did she know thatRead More Comparing the Creation Scene in James Whales 1931 Frankenstein and Kenneth Brannaghs 1994 Frankenstein4504 Words   |  19 PagesComparing the Creation Scene in James Whales 1931 Frankenstein and Kenneth Brannaghs 1994 Frankenstein James Whale’s 1931 portrayal of Frankenstein when compared to Kenneth Brannagh’s alternate account from 1994 reveals some similarities but also many differences in the way they try to evoke emotions such as horror, fear and expectation from the audience and keep the plot moving. To do this, the directors have used a series of techniques, including: camera shots, use ofRead MoreMary Shelleys Frankenstein Different Film Techniques Essay1849 Words   |  8 PagesMary Shelleys Frankenstein Different Film Techniques Compare and contrast the way in which the directors of Mary Shelleys Frankenstein (1994) and Frankenstein (1931) use different film techniques to build up atmosphere in their opening sequences: The two films I will be addressing in this essay are Kenneth Branaghs and James Whales versions of Frankenstein, a horror novel written by Mary Shelley in 1816, when the author was 19. The incentive for it wasRead MoreFrankenstein by Mary Shelley Essay3112 Words   |  13 PagesFrankenstein by Mary Shelley FRANKENSTEIN ‘Frankenstein is full of ideas and warnings which are relevant to a modern audience.’ -Discuss the enduring appeal of the novel. 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Climate Change and Average Temperature

Question: Discuss about the Climate Change and Average Temperature. Answer: Introduction Climate change can be defined as a kind of change in the statistical dispersion of different sort of weather series as it signifies a change in average weather conditions. This kind of change happens when long term weather schemes are changed and global warming can be contemplated as one of the most crucial measures of climate change as the global temperature is increasing due to this (Maldonado, Benedict and Pandya, 2016). In other words, climate can be regarded as the average temperature at a particular region as it involves aspects like humidity, wind, seasons and weather. Climate also plays a significant part in the framing of natural ecosystems and it has been seen that the climate is constantly changing due to various disruptive causes and this change has increased with fast pace in the last 2000 years (Rosenberg and Edmonds, 2005). According to the reports of many surveys, the main cause of climate change are increasing levels of carbon di- oxide and other heat trapping gases in the environment. This is causing many wide ranging impacts in the climatic conditions of different countries which may include rising levels of sea, extreme heat events, fires, droughts, melting of snow and ice, higher rainfall and extreme flood conditions. It is believed that if these trends would not stop and continue for longer time then, human life may get impacted at vast scale which may even impact other natural resources and the quality of life. It is perceived that short term climate change is normal and does not impact the environment in a huge manner but long term trends may lead to a vast climate change (Usikalu, 2009). Purpose The main purpose of the current report is to find how climate change is affecting the world with the help of authentic sources. The main agenda is to determine the climate change impact on USA and the manner in which it is affecting the environment in an adverse manner. It would be the key purpose to find the aspects that are responsible for such frequent changes. It is viewed that large number of environmental aspects are attached to the climatic condition of a particular region and a small variation in climate may impact the various relevant elements of where and how people and other living creatures live like food production, utilisation of water and other health risks. Sources The report mainly focuses to determine that how climate change is affecting the environment and how these changes are affecting the environment of different countries. Here, the selected country is USA and in this regard; the data has been gathered through secondary sources as lots of articles and journals would be explored to meet the objective of the report. The main reason of gathering data is that it is not very expensive as well as one does not need to make strained efforts to attain secondary data. Also, it is very time consuming and helps to get a great understanding of the severe problem of the report. Analysis of Current Situation How climate change is affecting the world It is worthy to state that climate change impacts all regions across the world as it has numerous observable effects on the environment. Some of them may include shrink of glaciers, ice on rivers and animal ranges have altered as well as trees are flowering before the time. Various scientists forecasted that the impact of climate change in the past that may impact the future environment which is occurring in the current situation (Wapner and Elver, 2016). These impacts involve loss of sea ice, intense heat waves and increasing sea level. It is assumed that overall temperature is likely to increase for next decades due to high amount of green house gases produced by the activities of human beings. According to the result of report conducted by IPCC, "the range of published evidence signifies that the net damage expenses of climate change are likely to be significant and to rise over time." Therefore, it can be stated that global climate is likely to rise and proceed to change over this century. This shows that climate change is impacting the entire world in numerous ways which has been proved in the above mentioned instances (United Nations Framework Convention on Climate Change, 2007). How climate change is affecting USA Climate change is impacting several countries of the world and USA is one of them. Due to global warming, the country has got a major alarm to reduce total green house gas to save it from major climatic concerns. In this regard, the US saw its warmest year on record in the year 2012 which shows that climate change is impacting Americans in far reaching manners. The average temperature in US has enhanced by 1.3 to 1.9 degrees Fahrenheit and this change has mostly occurred since the year 1970. These changes have included very often downpours, droughts, floods and heat waves (Earth Observatory, 2014). Also, the problems of heavy rainfall have become very common across the whole country and on the other hand, heat waves and droughts have become really intense and problematic in the country. With the main aim to control the drastic impact of climate change in the country, the article of global climate change impacts of USA is issued after every 10 years by government of United States of America. The main agenda behind this report is that it is a great effort to strengthen and stabilize the affects of changing climate in the country (Rosenberg and Edmonds, 2005). Also, the report lays emphasis that reducing carbon di- oxide emission can help in lessening the impact of global warming and problems as well as challenges do not arise that may overpower the good aspects of climate change (Tol, 2009). Who do you see as responsible? It is believed that the global north of industrialized nations has majorly contributed to global warming and United States is one of those countries which is highly responsible for the same. In context to this, it can be said that the responsible factors to this major problem may include industries, nations and various human activities too but the ratio of their competition may differ. Hence, some of the natural aspects that may lead to climate change may involve eruption of volcanoes, the earths tilt, continental drift, currents of oceans and many more (United Nations Framework Convention on Climate Change, 2007). For instance, at the time of volcano eruption, it is likely to throw out large amount of sulphur dioxide, water vapors and ashes into the environment which is not at all healthy for the atmosphere. On the other hand, there are various human causes that contribute to various climatic changes. It is true that electricity is one of the major sources of power in urban areas as maximum number of day to day gadgets run from thermal power plants (Union of Concerned Scientists, n.d.). These plants run on the principle of fossil fuels and are highly accountable for the emission of high amounts of major gases which are not good for the environment and various other harmful elements. Also, vehicles like cars, buses and trucks and 2 and 4 wheeler vehicles run on petrol or diesel and they are fossil fuels and impact the environment in an adverse manner (Houghton, 2011). Addressing Strategic Issues It is very important to address these issues and take effective measures to cope with major climatic changes. Nations across the world are trying to manage and overcome the drastic effects of changing climate and they are trying to come up with effective plans with the main aim to lessen their green house gas emissions (Usikalu, 2009). With respect to United States, it is believed that the country is making leading major efforts to point out the major threats that are imposing various kinds of climate changes. As a major effort, the country has lessen its overall carbon pollution as compared to any other country across the globe since the year 2005 (Pittock, 2013). The ex President of united states, Obama took several major efforts to cut down carbon pollution and various other green house gases with the main aim to promote energy efficiency and clean energy. To ensure the same, the government of US has enhanced solar electricity generation as well as the country has tripled electricity production from wind energy. Apart from this, the Department of the Interior of United States has alloted approximately various kinds of plants which may include 50 wind, solar, and geothermal projects on public or rural lands to reduce the drastic effects of changing climate on the country. As a result, these projects have the ability to support and generate employment in U.S. and also, generate enough electricity to power more than 4.5 million homes with an ease (Wapner and Elver, 2016). Conclusion From the above discussion, it can be stated that climate change has been impacting the whole world in an adverse manners and the government is making great efforts to reduce its major impacts. The selected country for the chosen report is United States. It has been perceived that most of the developed countries are largely to get impacted by the changing climate and it is the main reason to select America to complete the report. Also, it has been proved in the report that the frequent changing climate is contemplated as a major security threat on the global level to the United States. The country got second position in the emission of carbon dioxide as well as it is contemplated as the second highest emitter of green house gases. Hence, it has been given in the report that how the country is tackling with these changes to save the environment and its aspects. References Earth Observatory. (2014). [Online]. Available at: https://earthobservatory.nasa.gov/IOTD/view.php?id=83624 [Accessed on: 19 January 2017]. Maldonado, J.K., Benedict, C. and Pandya, R. (2016). Climate Change and Indigenous Peoples in the United States: Impacts, Experiences and Actions. Springer International Publishing. Wapner, P. and Elver, H. (2016). Reimagining Climate Change. Routledge. Pittock, A.B. (2013). Climate Change: The Science, Impacts and Solutions. Routledge. Rosenberg, N.J. and Edmonds, J.A. (2005). Climate Change Impacts for the Conterminous USA: An Integrated Assessment. Springer Science Business Media. Tol, R.S.J. (2009). The Economic Effects of Climate Change. Journal of Economic Perspectives, 23 (2), pp. 2951. United Nations Framework Convention on Climate Change. (2007). Impacts, vulnerabilities and adaptation in developing countries. [Online]. Available at: https://unfccc.int/resource/docs/publications/impacts.pdf [Accessed on: 19 January 2017]. Union of Concerned Scientists. (n.d). Climate Change in the United States: The Prohibitive Costs of Inaction. [Online]. Available at: https://www.ucsusa.org/sites/default/files/legacy/assets/documents/global_warming/climate-costs-of-inaction.pdf [Accessed on: 19 January 2017]. Houghton, J. (2011). Global Warming, Climate Change and Sustainability - Challenge to Scientists, Policymakers and Christians. The John Ray Initiative. Usikalu, M.R. (2009). Health impact of climate change due to combustion of fossil fuel. International Journal of Physical Sciences, 4 (13), pp. 880-884.

Accounting Essay Example

Accounting Essay D2ACC100 FINANCIAL ACCOUNTING MID SEMESTER EXAM REVISION COMPILATION D2 ACC 100 D2 ACC 100 ACKNOWLEDGEMENT: * Extracted from Past Year Mid Term Exam Paper: D2ACC100 – SEM 1, 2006 – SEM 3, 2007 * Original idea belongs to Mr Gooi Chee San * Some of the questions have been modified to cater the needs of current student Sem 3, 2007 Question 3 Cabao is a financial consultancy firm. It updates its accounts everyday. Indicate the immediate effect of the following errors on each of the accounting elements described in the column headings below, using the following code: O=overstated U=understated NE=no effectD2 ACC 100 D2 ACC 100 Copy the table below before answering. Error| Net Income| Total Assets| Total Liabilities| Owner’s equity| Example: Receives $200 cash for services rendered the transaction was recorded as $20. | U| U| NE| U| (a) Cabao bought an office table for $500. It was recorded as purchase. | | | | | (b) The owner withdrew $800 cash. No record was made. | | | | | (c) Cabao provided consultancy service for $2,300. It was recorded as $3,200. | | | | | (d) Recorded electricity expense payment twice. | | | | | (e) Received $6,000 for consultancy service to be provided next year. It was recorded as debit cash and credit consultancy revenue. | | | | | Sem 2, 2007 Question 3 ABC is a firm providing management consultancy services. Indicate the immediate effect of the following errors on each of the accounting elements described in the column headings below, using the following code: O=overstated U=understated NE=no effect Copy the table below before answering. ErrorD2 ACC 100 D2 ACC 100 | Net Income| Total Assets| Total Liabilities| Owner’s equity| Example: Received $200 each for services rendered to a customer, but recorded the transaction as $20. U| U| NE| U| (a) Depreciation expense was $5,000 for the period. It was wrongly charged as $3,000. | | | | | (b) Provided consultancy service to a client on credit basis. It was recorded as DR. Service Revenue CR. Accounts Receivable. | | | | | (c) Bought motor vehicle insurance policy on credit basis. It was recorded DR. Prepaid Insurance CR. Cash. | | | | | (d) Bought office equipment on credit basis. The of fice equipment was received but no payment was made yet. No entry was made at all on this purchase. | | | | | (e) The owner withdrew $2,000 for his family use. We will write a custom essay sample on Accounting specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Accounting specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Accounting specifically for you FOR ONLY $16.38 $13.9/page Hire Writer It was recorded as DR. Entertainment expense CR. Cash. | | | | | Sem 1, 2007 Question 3 Indicate the immediate effect of the following errors on each of the accounting elements described in the heading below. The business provides consultancy services to clients. Using the following code: O=overstated U=understated NE=no effect (Before answering, copy the table below) Error| NetProfit| TotalAssets| TotalLiaD2 ACC 100 D2 ACC 100 bilities| Owner’sequity| Example: Received $500 cash for consultancy services rendered to a client, but recorded the transaction as $50. U| U| NE| U| (i)Did not record the utilities used. The amount has not yet been paid. | | | | | (ii)Bought and paid $200 for office supplies. The office supplies were kept in the cupboard. No entry has been made. | | | | | (iii)Provided consultancy service to a client for $4,000 on credit basis. No entry was made. No money was received. | | | | | (iv)Depreciation expense of motor vehicle was recorded twice. | | | | | (v )Provided consultancy service to a client for $800 on account. It was correctly recorded. When the $800 was received, it was recorded as DR Cash and CR Revenue. | | | | | Sem 3, 2006 Question 2 Indicate the immediate effect of the following errors on each of the accounting elements described in the column heading below, using the following code: O = overstated U = understated NE = no effect Copy the table below before answering. Error| NetProfit| TotalAssets| TotalLiability| Owner’sequity| Example : Received $200 cash for services rendered to a customer, but recorded the transaction as $20| U| U| NE| U| (a) Billed for electricity used inD2 ACC 100 D2 ACC 100 the month. Not paid and not recorded. | | | | | (b) Bought a computer for office use, terms n/30. It was recorded debit office expense and credit cash| | | | | (c) Provided service to a client and received cash. It was recorded twice| | | | | (d) Forgot to charge the depreciation of building| | | | | (e) Paid wages expense for the month. It was recorded; debit office supplies expense and credit cash. | | | | | Sem 2, 2006 Question 3 (20 marks) Indicate the immediate effect of the following errors on each of the accounting elements described in the column heading below, using the following code: O= overstated U=understated NE=no effect Copy the table below before answering. Error| Net Profit| Total Assets| Total Liability| Owner’s Equity| Example: Received $200 cash for services rendered to a customer, but recorded the transaction as $20. | U| U| NE| U| (a) Did not record purchase of inventory on credit basis, n/60. | | | | | (b) Did not charge depreciation expenD2 ACC 100 D2 ACC 100 se of office equipment. | | | | | (c) Did not record withdrawal of $500 by owner for his family use. | | | | | (d) Paid wages expense once but recorded twice. | | | | | (e) Paid to Radio Station for advertisement to be aired next month, but the payment was not recorded. | | | | Sem 3, 2007 Question 2 Pasig is a trading business. An extract of the ledger balances as at 31 August 2007 is shown below. Pasig uses the periodic inventory system. | $| Cash at D2 ACC 100 D2 ACC 100 bank (DR)Office equipmentMotor vehicleInventoryAccounts payableAccounts receivableCapital| 55,00015,00023,00012,00090,00080,000 95,000370,000| In September 2007, the following events took place: S ept 03| Pasig issued a cheque $2,000 to its supplier for purchases made in August 2007. | Sept 05| Bought inventory for $10,000 on the following terms 10/15, n/60. Sept 10| Pasig received a cheque of $7,000 from its customer for sales made in August 2007. | Sept 14| Pasig issued a cheque to fully settle the purchase made on September 05, 2007. | Sept 17| Sold inventory for $28,000 on the term 2/10, n/45. | Sept 20| The owner of Pasig issued a business cheque of $4,000 for his son to go for a private holiday. | Sept 25| Pasig purchase a computer, $3,000 by cheque, for office use. | Sept 29| Paid $9,000 to its employees for work done in September 2007. | (Ignore Goods Services Tax) REQUIRED: a)Show ALL the ledger accounts (T-account) and post the September transactions. (NO JOURNAL ENTRY IS REQUIRED) (b)Prepare a Trial Balance as at 30 September 2007. Sem 2, 2007 Question 2 Luzon started its business operation in 1824 as a trading enterprise. An extract of its ledger balances as at 3 0 April 2007 is show below. Luzon has been using the period inventory system since inception. All payments and receipts are through its bank account. Ledger balances as at 30 April 2007 Ledger accounts| $| Cash at bank (DR)CapitalBank loanAccounts payableSalary payableOffice equipmenD2 ACC 100 D2 ACC 100 Motor vehiclesAccounts receivableInventory| 80,000149,00050,00044,0003,00018,00064,00059,000 25,000 492,000| In May 2007, the following events took place: May 2| Luzon paid $3,000 to its employee for the salary it owed in April 2007. | May 4| Luzon sold some inventory for $11,000 and received payment immediately. | May 7| It bought $40,000 inventory on the following terms 5/10, n/60. | May 10| The owner of Luzon issued a cheque of $20,000 (from Luzon’s account) for his son to buy a motor vehicle. His son is studing in a French University. | May 14| Luzon sold some inventory for $17,000 on the following terms 3/5, n/30. May 16| Luzon fully settled the amount owed for the purch ase made on May 7. | May 23| Luzon paid $16,000 to its supplier for the purchase incurred in April 2007. No discount was granted. | May 29| Luzon bought a brand new photostat machine for $4,000, it was paid by cheque. | May 31| Luzon paid $6,000 to its workers for work done in May 2007. Luzon also paid $2,000 for the utilities consumed in May 2007. | (Ignore Goods Services Tax) REQUIRED: (a)Show ALL the ledger accounts (T-account) and post the May 2007 transactions. (NO JOURNAL ENTRY IS REQUIRED) (b)Prepare a Trial Balance as at 31 May 2007. Sem 1, 2007 Question 2 SiemReap is a trading business. It buys and sells a standard-sized refrigerator. An extract of the ledger balances as at 31 January 2007 is shown below. The business uses the periodic inventory system. Cash at bank (DR)Office equipmentCapitalAccounts receivableAccounts payableMotor vehiclesTotal| $80,00030,000115,00070,00085,000 20,000 400,000| In February 2007, the following events took place:- February 02| SiemReap received a cheque of $13,000 from its customer for the sales made in January 2007. | February 05| Bought a dozen refrigerator for $50,000 on the following terms 2/10, n/60. February 07| SiemReap paid $35,0D2 ACC 100 D2 ACC 100 00 by cheque for purchases made in January 2007. | February 09| SiemReap sold a few refrigerator for $100,000 on the following terms 3/10, n/45. | February 11| The owner of SiemReap issued a cheque of $8,000 to himself for personal use. | February 14| SiemReap fully settled the purchase made on February 05, 2007| February 18| SiemReap received a cheque of $97,000 from its customer for sales made on February 09, 2007. | February 26| SiemReap paid $6,000 by cheque to a television broadcasting company for advertisement to be aired on 15 March 2007. February 28| SiemReap paid $7,000 to its employee for February 2007 salary. | (Ignore Goods Services Tax) REQUIRED: (a)Show ALL the ledger accounts (T-account) and post the February 2007 transactions. NO JOURNAL ENTRY IS REQUIRED (b)Prepare a trial balance as at 28 February 2007. Sem 3, 2006 Question 3 Karon is a trading business. It buys goods in bulk and retails them in small quantity. The following is an extract of Karon’s ledger balances as at 30 September 2006. Karon uses the periodic inventory system. Karon : Ledger balances as at 30 September 2006. | | Accounts receivables| $50 000| Accounts payables| 70 000| Motor vehicles| 60 000| Accumulated depreciation of motor vehicles| 20 000| Wages and salaries payable| 8 000| Cash at bank (DR)| 35 000| Capital| 72 000| Inventory| 25 000| | $340 000| In October 2006, the following events took place. 2006| | Oct 02| Karon issued a cD2 ACC 100 D2 ACC 100 heque $8000 to pay the salary for September 2006| | | Oct 06| Sold some inventory for $60 000 on the following terms 5/10, n/60| | | Oct 09| Karon collected a $10 000 cheque from its customer for sales made in the previous month. | | | Oct 12| Karon bought some inventory for $100 000 on the following terms 3/5, n/60| | | Oct 14| Karon issued a cheque to fully settle for the purchase made on October 12| | | Oct 15| Karon received a cheque from its customer for the sales made on October 06| | | Oct 19| Karon bought a new computer for business use. It paid by cheque $5000| | | Oct 23| The owner withdrew $6,000 for family use| | | Oct 31| Paid its workers $4,000 for the work done in October 2006| (IGNORE GOODS SERVICES TAX) REQUIRED: (a)Show ALL the ledger accounts (T-account) and post the October transactions (No journal entry is required) (b)Prepare a trial balance as at 31 October 2006. Sem 2, 2006 Question 2 (30 marks) Ubud started its business operation on 1 May 2006. It uses the periodic inventory system. An extract of its Ledger balances as at 31 May 2006 is as follows: Ubud: Ledger balances as at 31 May 2006| Cash at bank (DR)| $ 78,000| Capital| 90,000| Rental expense| 5,000| Sales| 70,000| Accounts receivable| 40,000| Accounts payable| 35,000| Purchases| 60,000| Wages and salaries expense| 2,000| Utilities expense| 3,000| Office equipment| 7,000| | 390,000| In June 2006, the following events took place. All payments and receipts were through the cash at bank account. June 2| Ubud sold some inventory for $12,000 cash. | June 5| Ubud issued a cheque of $9,000 to its supplier for purchases made in May 2006D2 ACC 100 D2 ACC 100 .| June 7| Bought some inventory for $60,000 on the following terms 5/10, n/60. | June 9| Issued a cheque of $38,000 for purchase of a motor vehicle for business use. | June 9| Paid $3,000 for the motor vehicle insurance policy, coverage from June 9, 2006 to June 9, 2007. | June 16| Ubud issued a cheque to fully settle purchase made on June 7, 2006. | June 19| Sold some inventory for $100,000 on the following terms 2/10, n/60. | June 28| Ubud received a cheque from a customer for sales made on June 19. June 30| Paid its workers $2,000 for the work done in June 2006. | REQUIRED: (a)Show all the ledger accounts (T-account) brought down from May 2006 and then post the June 2006 transactions. (No journal entry is required) (b)Prepare a trial balance of Ubud as at 30 June 2006. Sem 1, 2006 Question 2 PWC is a trading business. The merchandise business has been in operation for a numb er of months. The following balances were extracted from the Accounting Records of the business as at 31 May 2005. | $| | Cash at bank | 27,000| (DR)| Premises rent expense| 6,000| | Office equipment| 5,000| | Motor vehicles| 26,000| | Purchases| 42,000| | Accounts payable| 20,000| | Sales| 86,000| | Accounts receivable| 24,000| | Prepaid insurance| 3,000| | Salary expense| 6,000| | Telephone and electricity expense| 4,000| | Capital| 37,000| | | 286,000| | The business continued its operation in June 2005. The following events took place in June 2005. (The business has chosen to apply the Periodic Inventory System and will continue to use it in the future. ) All payments and receipts were through its bank account. June 02| PWC paid $8,000 by cheque for the purchases made in May 2005. June 03| PWC received $12,000 from its customers for sales made in May 2005. | June 08| Sold inventory, $18,000, on the following terms 5/10, n/30| June 12| Bought $1,000 worth of pencils, pens, paper etc for office use. It was paid by cheque. D2 ACC 100 D2 ACC 100 | June 16| Bought inventory, $16,000, on the following terms 3/15, n/30| June 18| PWC issued a $8,000 cheque for the purchase made in May 2005. Th e supplier gave PWC $1,000 discount for early settlement of account. | | | June 20| The owner of PWC bought a computer, $2,000, for his son’s personal use. He issued a cheque of $1,000 using PWC’s bank account. His wife paid $1,000 from her personal savings account. | | | June 29| PWC paid $2,000 for Telephone and Electricity used in June 2005. | | | June 29| PWC paid $3,000 to its workers for the work done in June 2005. | (Ignore Goods and Services Tax) REQUIRED: (a) Show all the Accounting Entries in the Ledger Accounts (T-accounts) and post the above transactions (NO JOURNAL ENTRY IS REQUIRED) (b) Extract a Trial Balance of the business as at 30 June 2005 after the posting of the above transactions in (a). Sem 3,2007 Question 1 Kaloonkan is a trading business. Its financial year end is 31 October each year. An extract of Kaloonkan’s ledger accounts is shown below. Trial balance as at 31 October 2007 | DR $’000| CR $’000| Advertising expenseMachineriesAccounts receivablesLand, at costBuilding, at costCash at bankDiscount allowedDrawingsRepair expenseDiscount receivedCapitalBank Loan, due on 1. 1. 2011Accounts payablesService RevenuePrepaid insuranceUtilities expenseOffice suppliesInteresD2 ACC 100 D2 ACC 100 t expenseBuilding maintenance expenseSundry operatng expenseSalaries and wages expensesOffice equipmentManagement consultancy expense| 271,160340226300401430132011124257515140520 10| 107444361001,800| Other data included: i) The prepaid insurance is valid for a twenty-month period, starting from 01 November 2006. (ii) Supplies worth $20,000 have been used during the year (iii) The utilities consumed in October 2007 was $11,000. No payment has been made and no entry has been made. (iv) Out of the service revnue, $100,000 is yet to be earned REQUIRED: (a)Prepare a detailed Income Statement of Kaloonkan for the year ended 31 October 2007. (b)Prepare a Statement of Owner’s equity for the year ended 31 October 2007. (c)Prepare a Balance Sheet as at 31 October 2007. Sem 2, 2007 Question 1 Clarke Angeles is a sole proprietorship business. Its financial year end is 30 June each year. Below is a trial balance of Clarke Angeles as at 30 June 2007. All in thousand. | DR $’000| CR $’000| Advertisement expenseWages and salaries expenseMotor vehicle expensePrepaid insuranceSundry operating expensesDiscount allowedDelivery chargesAccounts receivableCash at bankDrawingsMotor vehicles, at costLandBuildingInterest expenseAccomodation expenseOffice EquipmentElectricity and Telephone expensesPremises rental revenueDiscount receivedAccounts payableConsultationD2 ACC 100 D2 ACC 100 FeesCapitalCommision RevenueNotes payable, due 29 June 2007| 168018242019138018208010040062341849| 38257076840033 50| (Ignore Goods Services Tax) Other data given: (i) The owner withdrew $4,000 cash on 28 June 2007. No entry has been made. (ii) Clarke Angeles advertised its products over the local radio station on 27 June 2007. It costs the business $5,000. It has not yet paid and no entry has been made at all for this advertisement. (iii) The prepaid insurance is valid from 01 July 2006 to 30 June 2007. (iv) Rental of $4,000 is yet to be received REQUIRED: (a)Prepare a detailed Income Statement of Clarke Angeles for the year ended 30 June 2007, and (b)A statement of Owner’s Equity for the year and a detailed Balance Sheet as at 30 June 2007. Sem 1, 2007 Question 1 Angkor is a trading business. It prepares its financial statements once a year. Its financial year end is 31 January. An extract of its ledger accounts is shown below. Trial balance as at 31 January 2007| | DR $’000| CR $’000| Management fee expense| 72| | Prepaid advertisement| 20| | Wages and salaries expense| 222| | Accomodation charges| 22| | Drawings| 20| | Discount allowD2 ACC 100 D2 ACC 100 ed| 33| | Cash at bank| 40| | Land, at cost| 200| | Building, at cost| 300| | Accounts receivable| 380| | Vehicle| 1,030| | Prepaid insurance| 24| | Utilities expense| 60| | Secretarial fee expense| 50| | Interest expense| 30| | Motor vehicle, at cost| 260| | Beginning inventory, 01 February 2006| 240| | Sundry expense| 18| | Service Fee| | 1,650| Accounts payable| | 170| Loan| | 300| Capital, 1. 2. 2006| | 873| Discount received| _____| 28| Other data given: i) The prepaid insurance was valid for the period 1 February 2006 to 31 January 2007. (ii) The utilities used in January 2007 were $5,000. No entry has been made. (iii) The prepaid advertisement is for 4 days, between 30 January 2007 to 2 February 2007. It was paid for advertising its products in the local newspaper. (iv) 10% of service fee is yet to be earned REQUIRED: (a)Prepare a detailed Income Statement (Profit and Loss) for the year ended 31 Ja nuary 2007. (b)Prepare a Statement of Owner’s Equity for the year ended 31 January 2007. (c)Prepare a Balance Sheet Statement as at 31 January 2007.