Accounting at Maccloud Winery - 851 Words

GSM 5301 Accounting for Decision Making ACCOUNTING AT MACCLOUD WINERY Syed Mohd Muhsin Sy Mohamad Mohd Khalis Mohd Asrar Norhelena Mansor Mohd Hezreey Onn Keywords to be used: A=Asset L=Liability OE=Owners’ Equity R=Revenue E=Expenses SOCI=Statement of Comprehensive Income SOFP=Statement of Financial Position PPE= Property, Plant Equipment NBV = Net Book Value Should the leased building be accounted for as an asset? No, leased building should be accounted for as an expenses (cost of sales) Why? Because: i) The lease contract signed was not mention on purchase bargain ii) Mike might not assume ownership of the building iii) The lease would be considered an operating lease (business expense) – expenses would be accrued†¦show more content†¦Ã¯Æ'Ëœ To provide allowance for losses on Pierce Disease ïÆ'Ëœ The allowance is in SOFP under liability A = Allowance for losses – expenses ïÆ'Ëœ To be used in the future to cover for future costsShow MoreRelatedMaccloud Winery Case Study Essay854 Words   |  4 PagesMacCloud Winery Case Study Due 11/17/13 1. Should the leased building be accounted for as an asset? No, the lease should be considered an operating lease. The building is the asset. The expense should be accrued on the building. The length of the lease should be less than 75% of the life of the asset leased. The lease is a ten year lease and the building has a 30-year economic life. Therefore this is an operating lease. The rental payments should be expensed as they are paid and offset

The Holocaust During World War II - 1503 Words

The Holocaust was an event that took place from 1933 to 1945 in Germany. During this time, Adolf Hitler was in charge, resulting in the prejudice actions that are well written in history. Facing economic, social, and political oppression, thousands of German Jews wanted to flee, but found few countries wanting to take them in. Eventually, under Hitler’s leadership, some 6 million Jews were murdered during World War II. In this time period the Nazi’s waged a war against the Jews and other races that they considered to be unequal in race and superiority to the German race. The actions that took place during the Holocaust were seen as the â€Å"Final Solution†. The Holocaust was one of the darkest times in history, and can be traced to the rising of Hitler, â€Å"An egomaniac with delusions of grandeur, and power† (Steinberg 240). The Holocaust resulted in the deaths of many Jews and other non- Germans, until they were liberated by America. When Adolf Hitler gained power in Germany in 1933, he knew that only sudden death awaited him if he failed to restore pride Germany. During the Holocaust, people from around the world were shocked at the actions of Hitler and his people. He rose with his anti-Jew campaign and it soon came to pass with the Nuremberg Laws. Although most Americans, preoccupied with the war itself, remained unaware of the terrible situation involving the Jews, the American Jewish community responded with alarm to the news. Americans, along with other Jewish organizations,Show MoreRelatedThe Holocaust During World War II1356 Words   |  6 PagesDuring World War II, the world witnessed unspeakable acts of violence, particularly that of the Holocaust. The Holocaust was a mass genocide primarily of, but not limited to, the Jewish population in Germany, and other countries that were controlled by Germany. From 1941 to 1945, the Jews were targeted and methodically murdered because of Hitler’s views of his Utopian society made up of an Aryan a race. Hitler fought to create this society through creating an anti-Semitic movement, his motivationRead MoreThe Holocaust During World War II927 Words   |  4 Pagesshaped the world into what it is today. With the passing of yet another Veterans Day, people were reminded of the extraordinary sacrifices made by ordinary men and women who were unfortunate enough to have lived during times when their nations were at war. Many ordinary citizens lost their lives as a result of the war, just as soldiers did. While some survivors simply lived out their post war lives, others survived and influenced the world. One person who survived the atrocities of the Holocaust duringRead MoreThe Holocaust During World War II1651 Words   |  7 PagesThe holocaust was the genocide of European Jews and other groups by the Nazis during World War II. It lasted from 1933 to 1945, as a horrible time in history. Approximately 11 million people were killed, and al most 1 million of those killed were innocent children. It is well-known that there were a number of survivors, yet not many people know exactly how these people survived. The most known thing about the holocaust are the concentration camps. A concentration camp is defined by, â€Å"a place whereRead MoreThe Holocaust During World War II1177 Words   |  5 PagesThe Holocaust is well known around the world, and many people do not realize the devastation and the technology that was used in that time. What we knew before was that the Holocaust resulted in the death of six million jews, and was controlled by the Nazi Regime. Adolf Hitler was the dictator of Germany and came up with the Final Solution, a plan to exterminate all the people of Jewish faith or race during World War II. This then brought in the concept of concentration camps. Concentration campsRead MoreThe During World War II And Holocaust897 Words   |  4 PagesThere are many questions as to why the Nazis decided to do what they did to the Jews, gays, and ill during World War II and Holocaust. Nazis after the Holocaust had been interviewed by psychologists, such as Leon Goldensohn and p sychoanalyst Wilhelm Reich, to see and try to better understand the reasons behind Fascism and why these acts were performed. Leon Goldensohn was an American psychiatrist and also one of the prison psychiatrists at Nuremberg that helped perform the interviews on prisonersRead MoreThe Holocaust During World War II1920 Words   |  8 PagesIn his novel, Night, Elie Wiesel recounts the horrific experiences that he faced as a survivor of the Holocaust during World War II. The following passage presents the impossible struggle to maintain a decent quality of life in the face of war: We received no food. We lived on snow; it took the place of bread. The days resembled nights, and the nights left in our souls the dregs of their darkness. The train rolled slowly, often halted for a few hours, and continued. It never stopped snowing. We remainedRead MoreThe Holocaust During World War II901 Words   |  4 Pagesour elders, because they have authority over the world since they have been here the longest. We were raised to comply with the demand of someone who had authority over us. According to Patricia Werhane (1), â€Å"In the early1960’s Stanley Milgram undertook his noteworthy study of human obedience to authority. Puzzled by the question of how otherwise decent people could knowingly contribute to the massive genocide of the Holocaust during World War II, Milgram designed an experiment that sought to causeRead MoreThe Holocaust During World War II1934 Words   |  8 Pagesthe Holocaust during World War II, which not only stimulated religious unrest in E urope, but also the rest of the world. With the German Dictator, Adolf Hitler, and his rise to power in 1933, a period of despair and fear for the Jewish population throughout Europe erupted. As Adolf Hitler commenced his plan to build the perfect German race, he set forth the motion of a mass extinction of the Jewish population, known as The Holocaust. The Holocaust lasted from 1933 to the end of World War II and hadRead MoreThe Holocaust During World War II1720 Words   |  7 PagesIrania De La O Grade 8 The Holocaust Eleven million innocent people died and many did not know what they did or why it was happening to them (Rice 11). The Holocaust happened because of the Germans after World War 2 thought that the reason that their economy was falling down was because of Jewish people. The Holocaust followed the Ladder of Prejudice is a started with speech and moved its way up to â€Å"The Final Solution† also known as extermination. Hitler did not start with killing Jews. He killedRead MoreThe Holocaust And The Nazi Regime During World War II Essay1763 Words   |  8 PagesIntroduction The Second World War is seen by the modern world to be the most famous war that shaped the communities of the world today, but for the Jewish community in Europe at the time this was the war to fight for their own existence. The Holocaust was the systematic extinction of six million Jews by the Nazi regime during World War 2. Of the millions of Jewish people that lost their lives there were many that did resist and did escape the Nazism and Nazi racial policy that was conducted on the

The wisdom and knowledge free essay sample

Though knowledge and wisdom may seem alike, they are really very different. They actually only have two things in common they both involve the mind and both are hard to acquire. Someone who has knowledge would know that a tomato is a fruit, but someone who had wisdom would know not to put them in a fruit salad. Anyone can obtain knowledge about anything, but only some can use that knowledge and apply it in the best way.Knowledge is information of which someone is aware. Knowledge is also used to mean the confident understanding of a subject, potentially with the ability to use it for a specific purposeWisdom is the ability to make correct judgments and decisions. It is an intangible quality gained presumably through experience.Wisdom, the goal for which Govinda seeks, is a manner of living, a capacity, and not an object which one can isolate and capture in thoughts. We will write a custom essay sample on The wisdom and knowledge or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page This is Siddharthas second lesson: while knowledge is communicable, but wisdom is not. No one can tell you where to find wisdom; it simply comes when you are ready to receive it. Siddharthas third lesson is that words are deceptive, which he expresses in the paradoxical phrase that in every truth the opposite is equally trueMany people mistake knowledge for wisdom because they are intimately related, and this is unfortunate because they are quite different in an important way. Knowledge is the accumulation of facts and information. Wisdom is the synthesis of knowledge and experiences into insights that deepen one’s understanding of relationships and the meaning of life. In other words, knowledge is a tool, and wisdom is the craft in which the tool is used. If one understands this difference, he or she will also appreciate why it is vital to properly distinguish between the two. With the Internet, it is now relatively easy for a reasonably diligent person to quickly become knowledgeable in virtually any field of his or her choosing. We are literally awash in a sea of information! But having a hammer and knowing how to use it are two entirely different propositions. A hammer is amoral. Whether it is used for good or ill depends entirely on the wielder. Sadly, history is a lengthy record of the harms wrought by knowledgeable, well-meaning people who lacked wisdom. In contrast to knowledge, wisdom is generally considered to be morally good. Why is this the case? Albert Einstein once said, ‘Wisdom is not a product of schooling but of the lifelong attempt to acquire it.’ Such a process is lengthy and arduous, which teaches the pursuer patience and humility. Seldom is a person unchanged by such a trial. When one finally uncovers a connection or insight that he or she believes to be universally applicable ‘truth,’ it often inspires awe akin to a spiritual experience. ‘Knowledge comes, but wisdom lingers,’ wrote Alfred, Lord Tennyson. Truths stay with a person for the rest of his or her life, coloring all subsequent thoughts and actions. Wisdom requires no law or threat of punishment to ensure compliance. The practitioner typically feels a strong compulsion to obey his or her own beliefs. The wise can still fall prey to indiscretions and questionable moral behavior–being flesh and blood like us all–however, if one tracks such statistics, the odds of such failings are likely to be very small compared to the general populace. Society esteems the wise for their virtuosity and for their rarity. Subject matter experts number in the thousands, but the wise may only number in the tens or hundreds. And history records their names and achievements for posterity’s sake. Knowledgeable people spend most of their time planning out exactly when something should happen and just how long it has to take. And after they have completed the task of planning everything they spend the rest of their time accomplishing everything on their list; the only thought in their minds is that everything at one time or another has to be completed. Wise people are aware of the fact that you can only plan so much and the rest should be done when time allows. They know that it is not only impossible to plan every moment that one is awake, but that this is equally an ineffective way to live ones life. Wise people also know that not everything can be done in the time allotted, and that you must use your time for business as well as pleasure.

Life Without Technology free essay sample

If someone told me that I would have to be technology-free for 24 hours I would probably have asked them for a tranquilizer so I could sleep through the horrid day. From the moment my alarm clock goes off in the morning to the time I set It at night I am using some sort of technology. I couldnt even eat lunch at school without the help of those little machines that take our meal plans. Last week I did my best and tried as hard as I could to be free from technology. Obviously, being at college made It Impossible but it was a good experience nonetheless.After my alarm goes off, Its time to take a shower. The lights arent necessary so I leave them off. I come back from my shower with sopping wet hair and decide to suck It up and leave the blow dryer In the closet. We will write a custom essay sample on Life Without Technology or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Its Monday so I only have one class, which means I have more time to torture myself. On the way to lunch my roommate and I take the stairs: I live on the 7th floor so we know this wont last long. On my way out contemplate whether or not the lock on our mailboxes is too technologically advanced for me to use. I decide that it isnt because I am waiting for a letter from my boyfriend.As we walk to lunch I see the blue emergency post and ask aloud: If I was [pick Honestly, I would have to admit that my day was not all that bad. My wet hair eventually dried itself from running up and down the seven flights of stairs. There is so much that we take for granted it is unbelievable. Even if I wanted to be absolutely free from technology I couldnt. Lights are on everywhere you go and someone always wants you to listen to the message on their cell phone from their boyfriend. There are unavoidable motion sensor lights and unavoidable automatic doors.Car trips, if driving in the car were even allowed, would be extremely boring not to mention dangerous. Without traffic signals there would be a lot of accidents; for some reason I dont think people would pay attention to little men in bright orange vests waving flags. I am convinced that without technology smoking and drug use would Increase and people would be fat. While people would be forced to walk most places I think that they would Just choose to stay closer to home. Sleeping would probably take precedence over most activities, except maybe those associated with reproduction.So basically If you think about It the world would literally be one big, fat, high, drunk family. On Mondays I have geography and my teacher lectures with the help of Powering. Since there Is no way I can copy notes from Just listening I once again must give In to the machine. On the way back from class my roommate and I cut through the Science building to make our trip shorter. It isnt until I am through the second door that things we take for granted. When I get back to the room, seven flights later, automatically the first thing I do is flick on the lights. I then shake my head and turn them off.

Netflix Internet Marketing

Netflix Internet Marketing Introduction The internet is an information superhighway that has virtually transformed traditional practices in all sectors throughout the globe. One area that has adopted and integrated internet capabilities is marketing. Organizations are now able to create awareness of their products or services without facing physical challenges because of the internet. This paper analyzes internet marketing at Netflix. Netflix is one of the world’s leading media and entertainment companies.Advertising We will write a custom essay sample on Netflix Internet Marketing specifically for you for only $16.05 $11/page Learn More The Internet Marketing Possibilities for Netflix Netflix is a global leader in as far as internet television network is concerned. Viewers from all parts of the globe are able to stream video content from Netflix’s website and enjoy their desired movies without facing challenges caused by physical barriers, such as distance or limited DV Ds (Nash, 2004). The company has worked towards securing and maintaining partnerships with significant industry players, including Walt Disney, Paramount, as well as Warner Bros. Such arrangements that enable the company to work in collaboration with television and movie producer provide an opportunity for the firm to have a wider selection of content. In turn, this wide content has enabled Netflix to attract a huge global customer base of 33 million, with the numbers still growing (Overview, n.d.). To further increase its internet marketing performance, Netflix has tackled government policies, such as The Video Privacy Protection Act whose existence denied video tape service providers of disclosing information about the customer without obtaining the latter’s consent (Wade, 2010). This has led to the modernization of the VPPA, thus providing Netflix members with the freedom to share movies that they have streamed with friends through online social platforms like Facebook. Th is new development is significant in enabling Netflix to grow its business and customers as the sharing of content by users on social websites captures an even wider audience. The users assist Netflix in marketing the company to other potential users of the service. With the advent of smartphone technology, Netflix has ventured into the mobile world through a launch of its own application in order to enhance its internet marketing even further. Mobile phone users who are subscribers of the Netflix streaming services can view movies and television episodes by streaming the content through their hand held devices. The Netflix application is available on both Android and iOs mobile platforms and it provides quality service to the users. This helps the company to grow its subscriber base and increase its revenue because smartphones are continuously growing in popularity (Williams, 2012).Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Internet marketing capabilities have influenced Netflix’s decision to open a production company. This new venture works differently from the traditional television shows in the sense that it provides the episodes immediately after release, instead of waiting for fixed intervals of time. This will enable Netflix to release more shows that are originally produced and avail them to the market via its internet TV platform. Conclusion Netflix uses the numerous capabilities of the internet to market its services. Users subscribe for the services and stream media content from Netflix’s website. The global outreach has seen the company create a customer base of close to 33 million, with the numbers still on the rise. Netflix has availed its services for the mobile phone users through the Netflix application that is supported on both Android, as well as iOS platforms. Users can also share video content via social online platfo rms, such as Facebook, thereby allowing the company to reach a wider customer base. References Nash, K. S. (2004). Box-office star: DVD renter Netflix uses customer-tracking software and elbow grease to keep the crowds coming. Baseline, 1(26), 57-57 Overview. (n.d.). Netflix. Retrieved from ir.netflix.com/ Wade, A. E. (2010). A new age of privacy protection: a proposal for an international personal data privacy treaty. The George Washington International Law Review, 42(3), 659-685. Williams, J. L. (2012). Learning HTML5 game programming: A hands-on guide to building online games using Canvas, SVG, and WebGL. Boston, MA: PearsonAdvertising We will write a custom essay sample on Netflix Internet Marketing specifically for you for only $16.05 $11/page Learn More

How the Holocaust Affected Its Jewish Victims essays

How the Holocaust Affected Its Jewish Victims essays There is no question in my mind that the mass killings of the Jews during World War II affected the lives of these people and the people who loved and knew them greatly. I wholeheartedly disagree with the people who claim it never happened, whether they are against the Holocaust theory or are just plain prejudice towards Jews. There were murders by the millions, and the Jewish victims of the Holocaust were affected by it, both directly and indirectly, as were their family members and friends who may have been thousands of miles away. Even today, people in the world are still affected by the extermination of millions of lives in Eastern Europe. In the same respect (if you call it respect), there are still many people, even entire institutions, who seek to discredit the veracity of the Holocaust, going as far to claim that none of the horrific events ever occurred. I will prove that the Holocaust affected many lives, both in living and in death, and that it did indeed happen, through relating factual and opinionated accounts of victims and witnesses, and explaining why what happened to the Jewish population of the Holocaust happened. The Holocaust has been called a Tragic legacy. It has also been called a hoax. Despite what the deniers of the holocaust may think, it did indeed happen. It affected the lives of too many people, millions, if not the billions who knew of it, were related to those who were, in fact, statistics of the Holocaust. Jews, homosexuals, gypsies, and other minorities of Germany and neighboring countries were executed by the millions. I am at first very hesitant about completing a report on the holocaust and those who seek to deny it ever happened. It did happen, it affected millions upon millions of people around our planet, and it continues to be a reigning issue. I felt that, like the author of "Denying the Holocaust: The growing assault on truth and memory", I should not feed into th...

Encounter Point Movie Review Example | Topics and Well Written Essays - 1000 words

Encounter Point - Movie Review Example The movie shows Israel having a strong army, though it itself is most of the times at the receiving end of the Palestinian violence. In one scene Roni Hirschenson, a former soldier, says that Israel has become an army with a state and not state with an army. This is a very strong statement by someone who has lost two of his son’s directly or indirectly in the war. Another reason there seems to be inequality between Israelis and Palestinians is that violence from Israel comes in a very sophisticated manner. There is usage of modern technology and unfortunately many ordinary people are killed in the attacks. The backing of United States as mentioned in the movie also shows Israel to be a stronger side. a- I don’t think that the movie has taken any sides. I think that the movie is very neutral and the purpose of such movies should be to raise a debate over the existing conditions. There may be people who think that this movie takes sides but I think that they feel that only because of the resentment that resides in them regarding the opposite side. The film shows destruction from both the sides. It takes interviews of victims from both Israelis and Palestinians. b- I think a balanced film is a film which shows reality in a non-provocative manner. This means that the reality on ground may be different but the film has to present facts in such a manner that it doesn’t offend either party. Each side believes that they are absolutely right and in this case each side believes that god is on their side. The film cannot comment on the reality or possibility of god taking any particular side in the future. But what a balanced film can do is raise the issue and spark a healthy debate. c- I will definitely recommend the video to other viewers. The movie is very informative but most importantly it clearly shows the destruction caused by violence. People are