Emerging Markets Information Service (EMIS) Launches Two Of The Most Advanced And Sophisticated Business Information …

Lots of folks have been talking about lately. Heres the latest scoop.

at in January 2014

16 December 2013 | 9:05 am GEG will exhibit new products and services for business aviation clients at NBAA. (PRWeb December 16, 2013) Read the full story at http://www.prweb.com/releases/2013/12/prweb11423998.htm http://www.prweb.com/releases/2013/12/prweb11423998.htm

Information Service (EMIS) Launches Two of the Most Advanced and Sophisticated

16 December 2013 | 6:00 am ISI , the leading provider of hard-to-get on , today announces the launch of two revolutionary information products, the new EMIS and EMISPRO. http://finance.yahoo.com/news/emerging-markets-information-emis-launches-060000673.html

SIKA HAS AGREED TO ACQUIRE A LEADING MANUFACTURER OF CEMENTITIOUS POWDER PRODUCTS IN SINGAPORE AND MALAYSIA

16 December 2013 | 5:02 am Sika has agreed to acquire LCS Optiroc Pte Ltd. in Singapore and LCS Optiroc SDN. BHD in Malaysia, a leading manufacturer of cementitious powder products. The business generated annual sales of CHF 24 … http://uk.finance.yahoo.com/news/sika-agreed-acquire-leading-manufacturer-050201038.html

Company Applies to Trademark Logo for Migrant-Free Products …

15 December 2013 | 3:02 pm The swan was selected as the symbol for migrant labor-free products because it represents purity and loyalty, he said. IKB would send an inspection team to businesses wanting to use the logo to check for evidence of migrant  http://www.themoscowtimes.com/business/article/company-applies-to-trademark-logo-for-migrant-free-products/491586.html

Demand Horizon: A Revolutionary Approach to Creating Great …

15 December 2013 | 2:34 pm It's a framework for making sense of the new rules in product creation, offering both strategic understanding and practical actions for adapting to the new rules of business. Demand Horizon shines a light on the techniques and  http://www.briansolis.com/2013/12/demand-horizon-a-revolutionary-approach-to-creating-great-products/

Video Resources to Build Your UnFranchise Business: Products …

13 December 2013 | 3:55 pm Use these new product videos from 2013 to build your UnFranchise Business in the new year. http://blog.marketamerica.com/blog/video-resources-to-build-your-unfranchise-business-products

NEW How To Make An Fortune in The Information Products Business by Shawn Casey

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Business Communication : Process and Product (Book Only) by Mary Ellen Guffey…

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Business Communication : Process and Product (Book Only) by Dana Loewy and…

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  1. Reply

    Help With Accounting! Please!!? Assume it is Monday, May 1, the first business day of the month, and you have just been hired as the accountant for Colo Company, which operates with monthly accounting periods. All of the company’s accounting work is completed through the end of April and its ledgers show April 30 balances. During your first month on the job, the company experiences the following transactions and events (terms for all its credit sales are 2/10, n/30 unless stated differently):

    May 1 Issued Check No. 3410 to S&P Management Co. in payment of the May rent, $3,710. (Use two lines to record the transaction. Charge 80% of the rent to Rent Expense-Selling Space and the balance to Rent Expense-Office Space.)

    2 Sold merchandise on credit to Hensel Company, Invoice No. 8785, for $6,100 (cost is $4,100).

    2 Issued a $175 credit memorandum to Knox Co., for defective (worthless) merchandise sold on April 28 and returned for credit. The total selling price (gross) was $4,725.

    3 Received a $798 credit memorandum from Peyton Products for the return of merchandise purchased on April 29.

    4 Purchased the following on credit from Gear Supply Co.: merchandise, $37,072; store supplies, $574; and office supplies, $83. Invoice dated May 4, terms n/10 EOM.

    5 Received payment from Knox Co., for the balance from the April 28 sale less the May 2 return and the discount.

    8 Issued Check No. 3411 to Peyton Products to pay for the $7,098 of merchandise purchased on April 29 less the May 3 return and a 2% discount.

    9 Sold store supplies to the merchant next door at their cost of $350 cash.

    10 Purchased $4,074 of office equipment on credit from Gear Supply Co., invoice dated May 10, terms n/10 EOM.

    11 Received payment from Hensel Company for the May 2 sale less the discount.

    11 Purchased $8,800 of merchandise from Garcia, Inc., invoice dated May 10, terms 2/10, n/30.

    12 Received an $854 credit memorandum from Gear Supply Co. for the return of defective office equipment received on May 10.

    15 Issued Check No. 3412, payable to Payroll, in payment of sales salaries, $5,320, and office salaries, $3,150. Cashed the check and paid the employees.

    15 Cash sales for the first half of the month are $59,220 (cost is $38,200). (Cash sales are recorded daily but are recorded only twice here to reduce repetitive entries.)

    15 Post to the customer and creditor accounts. Also post individual items that are not included in column totals at the end of the month to the general ledger accounts. (Such items are posted daily but are posted only twice each month because they are few in number.)

    16 Sold merchandise on credit to Hensel Company, Invoice No. 8786, for $3,990 (cost is $1,890).

    17 Purchased $13,650 of merchandise from Fink Corp., invoice dated May 14, terms 2/10, n/60.

    19 Issued Check No. 3413 to Garcia, Inc., in payment of its May 10 invoice less the discount.

    22 Sold merchandise to Lee Services, Invoice No. 8787, for $6,850 (cost is $4,990), terms 2/10, n/60.

    23 Issued Check No. 3414 to Fink Corp. in payment of its May 14 invoice less the discount.

    24 Purchased the following on credit from Gear Supply Co.: merchandise, $8,120; store supplies, $630; and office supplies, $280. Invoice dated May 24, terms n/10 EOM

    25 Purchased $3,080 of merchandise from Peyton Products, invoice dated May 23, terms 2/10, n/30.

    26 Sold merchandise on credit to Crane Corp., Invoice No. 8788, for $14,210 (cost is $8,230).

    26 Issued Check No. 3415 to Perennial Power in payment of the May electric bill, $1,283.

    29 The owner of Colo Company, Jenny Colo, used Check No. 3416 to withdraw $7,000 cash from the business for personal use.

    30 Received payment from Lee Services for the May 22 sale less the discount.

    30 Issued Check No. 3417, payable to Payroll, in payment of sales salaries, $5,320, and office salaries, $3,150. Cashed the check and paid the employees.

    31 Cash sales for the last half of the month are $66,052 (cost is $42,500).

    31 Post to the customer and creditor accounts. Also post individual items that are not included in column totals at the end of the month to the general ledger accounts. Foot and crossfoot the journals and make the month-end postings.

    Following accounting adjustments are also available:

    a. Expired insurance, $553
    b. Ending store supplies inventory, $2,632
    c. Ending office supplies inventory, $504
    d. Depreciation of store equipment, $567
    e. Depreciation of office equipment, $329
    Assume that Colo Co. uses the perpetual inventory system. Following opening balances are available for
    the month of May, 2013
    Cash $50247
    Accounts Receivable 4725
    Merchandise Inventory 220080
    Office Supplies 430
    Store Supplies 2447
    Prepaid Insurance 3318
    Office Equipment 22470
    Accumulated Depreciation–Office Equipment 9898
    Store Equipment 38920
    Accumulated Depreciation-Store Equipment 17556
    Accounts Payable 7098
    Jenny Colo Capital 308085

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  2. Reply

    Good Option For A Double Major With Accounting? I want to do a bachelor of commerce degree with accounting & another subject as double majors. But I can’t decide which subject to select as my preferred university ( Deakin University) offers about 17 options to select a major.So I can’t decide which one is best for me. After studying about them for weeks,I short listed these subjects:

    -Accounting
    -Accounting information systems
    -Human Resource Management
    -International Business
    -International Management
    -International Trade & Economic Policy
    -Management
    -Marketing

    I want to do Accounting as one major because although I don’t like sitting on a chair for hours, it offers me better entry level jobs with a good salary & also I was good in accounting when I was in school & I enjoyed that.
    (I did Accounting, Economics, ICT at school).

    I like marketing a lot (I’m creative), but most people say that Accounting & Marketing do not go together cause they are completely the opposite of each other. They say that Accounting is for left brainers while Marketing is for the right. But it seems as I’m both.

    Anyway, what do you think I should do? Maybe I can do Marketing for post-graduate education. I like to do a globalized job, I like traveling as well as working with multinational companies.

    Please help me.

    Thank You !
    I like to know your opinions about doing Marketing

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    1. Reply

      G’day,

      I am assuming that you haven’t started to study at Deakin yet.

      If you are starting from the first year (fresh high-school grads with no credit transfer), then you do not have to decide now. In your first year at the Bachelor of Commerce, you are going to study the core units, which are 8 subjects from all different majors (and you MUST pass all of them). After the first year, you then decide which major(s) to choose. So no hurry. Even if you think you have chosen one in the first year, you can still change your mind. That’s how flexible the Bachelor of Commerce is.

      Having said that… in marketing major you are going to study everything abt launching new product (identifying the type of customers), market research (designing questionnaire, going out to conduct research), learn abt service marketing (eg. how to promote a hairdresser business). So it is not only sale-sale-sale, but also a bit of psychology as you are trying to understand the customer, not the product. Just have a thought, no need to decide now 🙂

      If you like to go around the world, international business may probably be the one for you…

      Hope that helps. Good luck 🙂

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