accounting treatment for capitalizing the accumulated...

Golden Gate Associates, CPA 99 Biscuit Lane, Suite 800 San Francisco, CA 94108 May 14, 2014 Grace Lau, Chairman ABC-VC 536 Mission Street, Suite 500 San Francisco, CA 94105 Dear Ms. Lau, Thank you for CAA for accounting treatment in regards to your venture capital stake in WesternGraphics (Western). In our introductory meeting, you requested this firm to research on the accounting treatment for capitalizing the accumulated MediaBlitz marketing consultancy charges ncurred and the staff salaries. I am able to confirm that the marketing consultancy charges and the staff salaries can be capitalized and amortized over more than one tax year. In reaching this conclusion, I referred to relevant authority from codifications†¦show more content†¦Codification paragraph 720-15-55-3: The following costs that might be incurred in conjunction with start-up activities are subject to the provisions of this Subtopic a. Travel costs, employee salary-related costs, and consulting costs related to feasibility studies, accounting, legal, tax, and governmental affairs. Codification paragraph 720-15-45-1: Because amortization expense of capitalized software costs relates to a software product that is marketed to others, the expense shall be charged to cost of sales or a similar expense category. Codification paragraph 720-15-45-2: In an entitys balance sheet, capitalized software costs having a life of more than one year or one operating cycle shall be presented as another asset because the costs are an amortizable intangible asset. Analysis Based on the provided facts of your venture stake in Western, it is clear that charges incurred through a consultancy contract with MediaBlitz is a part of the product development under the implementation guidance paragraph. In addition, the staff salary is also a part of the implementation guidance paragraph as well. Recommendation Due to the shortness of time to turn this research project around, I suggest that we see the more detailed invoices from MediaBlitz along with the billable hours of the staff salaries allocated to working on the marketing development of a catchy slogan. Please call me at (415) 297-8060 , if you have anyShow MoreRelatedCase Study for Management Accounting36912 Words   |  148 PagesCASES FROM MANAGEMENT ACCOUNTING PRACTICES Table of Contents Case 1: Case 2: Bal Seal Engineering Robin Cooper Bill’s Custom Planters William Stammerjohan Deborah Seifert Dublin Shirt Company Peter Clarke in assoc. with in assoc. with Paul Juras Wayne Bremser ECN.W William Lawler Endesa Gary M. Cunningham Scott Ericksen Francisco J. Lopez Lubian Antonio Pareja Kincaid Manufacturing Jon Yarusso Ram Ramanan Osram.NA John Shank Lawrence Carr William Lawler Pleasant Run Children’s Home Brooke E. SmithRead MoreCase Study for Management Accounting36918 Words   |  148 PagesCASES FROM MANAGEMENT ACCOUNTING PRACTICES Table of Contents Case 1: Case 2: Bal Seal Engineering Robin Cooper Bill’s Custom Planters William Stammerjohan Deborah Seifert Dublin Shirt Company Peter Clarke in assoc. with in assoc. with Paul Juras Wayne Bremser ECN.W William Lawler Endesa Gary M. Cunningham Scott Ericksen Francisco J. Lopez Lubian Antonio Pareja Kincaid Manufacturing Jon Yarusso Ram Ramanan Osram.NA John Shank Lawrence Carr William Lawler Pleasant Run Children’s Home Brooke E. SmithRead MoreProfessional Misconduct58343 Words   |  234 Pagespublic as an accountant, or (iii) Renders professional service or assistance in Matters of accountant interest etc., or, (iv) Renders such other services which as per opinion of the council, to be rendered by C.A. in practice. 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The Lottery By Shirley Jackson - 1774 Words

Ever wondered what perfect society would be like? At some point everyone has dreamt of a society where there is total peace and equality for all peoples alike. When reading â€Å"The Lottery† by Shirley Jackson, she describes what most people would think of as the perfect small town setting. In the town, families and friends get together every year to hold an annual lottery in the town’s square. However; this is not an average lottery and it turns out that this small village has a very dark secret. â€Å"The Ones Who Walk Away from Omelas† by Ursula LE Guin , is more imaginary than anything else. In Omelas there are green hills and beautiful meadows. People throw big parties with all the food and drink you could possibly consume. But this perfect society in the green hills has a dirty secret too. There is a small child about the age of 12 kept in a closet, and that child must bear all the pain for the entire city of Omelas. Without the child the city is no differ ent than any other, and some of its citizens can’t forget about the secret and choose to leave. In these stories both authors discuss the idea of a perfect world and challenge the reader to consider what a utopia really is. After reading these two articles, the authors show you there cannot be a utopia if even a single person is suffering, which is also why there can’t be a perfect society because of human nature. In the story of Omelas there are rolling green hills and large music festivals with phenomenal food and drink atShow MoreRelatedThe Lottery, By Shirley Jackson1195 Words   |  5 PagesOn the surface, Shirley Jackson’s short story, â€Å"The Lottery,† reads as a work of horror. There is a village that holds an annual lottery where the winner is stoned to death so the village and its people could prosper. Some underlying themes include: the idea that faith and tradition are often followed blindly, and those who veer away from tradition are met with punishment, as well as the idea of a herd mentality and bystander apathy. What the author manages to do successfully is that she actuallyRead MoreThe Lottery by Shirley Jackson757 Words   |  4 Pagessucceed but many fail just like the main character Tessie Hutchinson in Shirley Jackson’s short story â€Å"The Lottery†. When someone hears the word â€Å"lottery†, he or she may think that someone will be rewarded with prize. But â€Å"The Lottery† By Shirley Jackson is different than what one thinks. In the story, a lottery is going to be conducted not like Mega Million or Powerball one play here. In the story, the person who wins the lottery is stoned to death instead of being rewarded with the prize. TessieRead MoreThe Lottery By Shirley Jackson931 Words   |  4 PagesIn 1948 Shirley Jackson composed the controversial short story â€Å"The Lottery.† Generally speaking, a title such as â€Å"The Lottery† is usually affiliated with an optimistic outlook. However, Jackson’s approach is quite unorthodox and will surely leave readers contemplating the intent of her content. The story exposes a crude, senseless lottery system in which random villagers are murdered amongst their peers. Essentially, the lottery system counteracts as a form of population control, but negatives easilyRead MoreThe Lottery By Shirley Jackson1504 Words   |  7 Pagesâ€Å"The Lottery† by Shirley Jackson In The Lottery Shirley Jackson fills her story with many literary elements to mask the evil. The story demonstrates how it is in human nature to blindly follow traditions. Even though some people have no idea why they follow these traditions. The title of the story plays a role in how Shirley Jackson used some literary elements to help mask the evils and develop the story. The title â€Å"The Lottery† serves as an allegory. When people think of the lottery majorityRead More`` The Lottery `` By Shirley Jackson894 Words   |  4 Pagesshort story â€Å"The Lottery†, author Shirley Jackson demonstrates Zimbardo’s concepts in three different areas: Authority figures, Tradition and Superstition, and Loyalty. The first concept Jackson portrays in â€Å"The Lottery† is the authority figures. Jackson indicates that the lottery is being held in the town center by one authority figure, Mr. Summers, annually on June 27th. Every June 27th, without fail, townspeople gather in the town square to participate in the annually lottery even though mostRead MoreThe Lottery, By Shirley Jackson1510 Words   |  7 PagesShirley Jackson’s â€Å"The Lottery† illustrates several aspects of the darker side of human nature. The townspeople in Jackson’s â€Å"The Lottery† unquestioningly adhere to a tradition which seems to have lost its relevance in their lives. The ritual that is the lottery shows how easily and willingly people will give up their free will and suspend their consciences to conform to tradition and people in authority. The same mindless complacency and obedience shown by the villagers in Jackson’s story are seenRead MoreThe Lottery By Shirley Jackson8 11 Words   |  4 Pagesâ€Å"The Lottery† was published by Shirley Jackson. The story was true expression of Jackson’s genuine thoughts about human beings and their heinous competence in an annual village event for corn harvest . First, her used to word symbolized main point of the story. Second, Jackson was inspired by few historical events happened in the past and a life incident in her life. Lastly, She was able to accomplish the connection between historical and biographical with the story. Therefore, Shirley Jackson’sRead MoreThe Lottery By Shirley Jackson934 Words   |  4 Pagesâ€Å"The Lottery† by Shirley Jackson signifies the physical connection between the villagers and their unwillingness to give up their tradition. â€Å"The Lottery† is very unpredictable and quite misleading. The black box has no functionality, except every June 27th. Shirley Jackson depicts the black box as an important and traditional tool. Although the villagers in â€Å"The Lottery† are terrified of the goal of the lottery and the black box, they are unwilling to let go of the tradition. Shirley Jackson portraysRead MoreThe Lottery by Shirley Jackson799 Words   |  4 Pagesthe mood and to foreshadow of things to come. The Lottery by Shirley Jackson is a story in which the setting sets up the reader to think of positive outcomes. However, this description of the setting foreshadows exactly the opposite of what is to come. In addition, the theme that we learn of at the end leads us to think of where the sanity of some human beings lies. The story begins with the establishment of the setting. To begin, Shirley Jackson tells the reader what time of day and what time ofRead MoreThe Lottery by Shirley Jackson1764 Words   |  7 Pagesfilled with excitement and eeriness, leaving the reader speechless. The Lottery , a short story written by famous writer Shirley Jackson, created an uproar on June 26, 1948, when it was published in the magazine The New Yorker (Ball). The gothic thriller, set in an unknown time and place, shares the tradition of a small town, a little larger than three hundred people, in which a drawing is held once a year. In this â€Å"Lottery,† each family’s husband draws a slip of paper from a black box. The husband

Missouri applied for state hood in 1817. The petit Essay Example For Students

Missouri applied for state hood in 1817. The petit Essay ion did not call for the emancipation of slaves nor did it call for the halt of further introduction of slaves into Missouri. There were already 2,000-3,00 slaves in Missouri at the time. It was brought to Congress two years later in 1819 where sectional fears arose. Northerners resented the fact that the presidency was controlled by the south and that the south had added weight in the House and in the Electoral College due to the three-fifths clause. But the north soon built up a decisive majority in the House. The south feared that this would cause friction between the necessary balance of powers of the sections. In February 1819, James Tallmadge of New York proposed an amendment to the State-hood Bill that would ban the further introduction of slaves into Missouri and require steps to be taken to gradually eliminate slavery totally. The House approved Tallmadges amendment but the Senate voted it down, thus the issue remained unresolved until December of 1819 when the new Congress convened. The Federalist leader Rufus King of New York who stated that Congress could require restrictions on slavery within the states led the debate in the Senate. Southern Senators saw this a denying Missouri of its basic freedoms (property) and was an attack on equality among states and that Northerners were trying to upset the balance of powers. In an attempt to resolve the situation, Senate voted in February 1820 to couple the admission of Missouri as a slave state with that of Maine as a free state. This would keep the ratio of slave to free states equal in the Union. Further amendments passed prohibiting slavery north of the 36-30 parallel and allowing south of the parallel. This amendment was rejected in the House until Henry Clay from Kentucky broke the proposal into three separate bills that eventually won House approval. However the measure of Missouri framing a constitution and becoming a slave state passed 90-87 with northern opposition. It was concluded that a major s ectional crisis had been avoided but had ominous overtones.

Wheat Winter Wheat free essay sample

WHEAT Wheat from which flour is made, is the most essential grain used in bread making because it is the only cereal that contains the proper combination of glutenin and gliadin. When two proteins glutenin and gliadin, are mixed with water will formed a gluten. Gluten is both plastic and elastic. It can stretch and expand without easily breaking. Wheat special properties allow bakers to produce an astonishing array of product, from pastry to cakes and cookies. Not only wheat is used for baking to make cakes or cookies but it is also use for fermentation to make beers and other alcoholic beverages. Primary Types of Wheat Flour Hard wheats are genetically contain more protein and fewer starch granules. It is used for bread and pasta. Soft wheats have a high starch yield on milling and low protein. It is used in pastry and breakfast cereals. Two Growing Season for Wheat Winter wheat is genetically higher in minerals and planted in the fall. We will write a custom essay sample on Wheat Winter Wheat or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page They grow for a very short period of time, become dominant during winter, resume growing in the spring, and harvested in early summer. Spring wheats are planted in areas with severe winters and usually contains more gluten than winter wheat of the same variety. Components of wheat kernel What is wheat kernel? Wheat kernel sometimes called the wheat berry, is the seed from which the wheat plant grows. Each tiny seed contains three distinct parts that are separated during the milling process to produce flour. The kernel of wheat is a storehouse of nutrients essential to the human diet. Bran is the hard outer covering of the kernel. It is represent in whole wheat flour as tiny brown flakes, but it is removed in the milling of white flour. Germ is the part of the kernel that becomes the new wheat plant if the kernel is sprouted. It has a high fat content which can quickly become rancid. Endosperm is the starchy part of the kernel that remains when the bran and germ are removed. It is the portion of the wheat kernel that is milled into white flour.