MGMT 1A Lecture Notes - Lecture 4: List Of Five-Number Lottery Games, Arkansas Highway 9, Berkshire Hathaway
Document Summary
Mgmt 1a lecture 4 notes - general financial statements. Warren buffet"s company (berkshire hathaway) takes a 2-pronged approach: Buys shares in other companies (ex. coca cola) General journal for ace race (cr pp. 41-42) continued from last lecture 3. 5. advertising for - ace race will pay for it. 3. pay rent for the first month of. 6. instructional fees - ace race will bill the. 9. gas and oil - - will pay later. 10. pay the advertising bill of . received in. 12. owner draws out from the company. Depreciation - systematic & rational allocation of the cost of the asset to the years of its. Of the building"s cost for every year of its useful life period of benefits th1: expense . Contra-asset (has a normal credit balance: always attached to another account.
