Click on the following links to access online resources for the textbook including powerpoints, quizes, terms, glossary, review sheets and other resources. I’m going into AFM-FM next year, but have never taken an economics/business/ accounting related course in high school. Thus, I wanted to. BAT4M Grade 12 Accounting Teacher: Mr. P. Mathia Period 2. Course Overview · Getting to Know You · Chapter Power Points · CHAPTER LESSONS.

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Grade 12 Accounting Home

Upon arrival, students are placed in the appropriate English Language classes based on their specific needs and areas of English competency. Chapter 12 Textbook Solutions. The accumulated amortization is affected as follows: Liability for Restoration Texfbook The benefit should extend beyond one year; therefore, the amount would be capitalized as part of the cost of the delivery van Cost to pave the company parking lot Land Improvements Cost of painting the corporate Repairs and Bat4k Expense logo on the sides of the company Operating Expense: The cash equivalent price is equal to the fair market value of the asset given bzt4m.

If a student withdraws from a course within five school days after the midway point of the first term, the withdrawal will not be recorded.

Under the straight-line method, amortization is the same each year. If that value is not clearly determinable, the fair market value of the asset received is used instead.


The school may also offer Ministry-approved locally developed courses. Reporting the asset and related accumulated amortization on the balance sheet informs the reader of the financial statements that the asset is still being used by the company.

The result is baf4m on the student transcript. It is an estimate.


A credit is granted in recognition of the successful completion of a course that has been scheduled for a minimum of hours of classroom instruction. If the damage was covered by insurance, a receivable from the insurance company account would be debited.


It is sometimes difficult to assign the textbook to specific projects, and there are uncertainties in identifying the extent and timing of future benefits.

The units-of-activity method is unpredictable. Business Studies, revised In order to meet their local needs, boards are responsible for selecting textbooks from The Trillium List and approving them for use in their schools with the assurance that these textbooks have been subjected to a rigorous evaluation in accordance with the criteria textbool in the policy document Guidelines for Approval of Textbooks.

Accumulated Amortization —Delivery Equipment Amortization is based on the information available at the time. Students are evaluated textboom their knowledge, thinking, communication and application skills.

When students submit work to their teachers for evaluation, they imply that the work is the result of only their own efforts and is not in any way the result of the efforts of others. Alcohol and illegal drugs are addictive and present bzt4m health hazard.

All Ontario courses taken by the student at the Grade 11 and 12 level, whether successfully completed or not, will be recorded on the transcript.

Chapter 4 Solutions – BAT4M Grade 12 AccountingTeacher: Mr. P. MathiaPeriod 2

With this right comes the responsibility to be law-abiding citizens and to be accountable for actions which put the safety of others or oneself at risk. Consequently, net income is constant under the straight-line method, varies according to production under the units-of-activity method, and increases over time with the declining-balance method.

Revised annual amortization expense Types of Courses — College preparation courses are designed to equip students with the knowledge and skills they need to meet the entrance requirements for most college programs or for admission to specific apprenticeship or other training programs. The possession, use or threatened use of any object to injure another person endangers the safety of oneself and others.


Goodwill is not amortized. Remaining useful life 5 — The school principal has the discretion to allow a student to enroll in the OSSLC before he or she has had a second opportunity to take the OSSLT, if the principal determines that it is in the best educational interests of the student.

Courses in Grades 10, 11, and 12 may have prerequisites for enrolment. If the loss was considered to be significant, it would be recorded separately as a loss due to damages, rather than as repair expense. For capital assets, the cost principle means that cost consists of all expenditures necessary to acquire the asset and textvook it ready for its intended use.

There is no cash involved in the entry to record amortization Dr. Credits are granted to students by the School principal, on behalf of the Minister of Education. The computer lab when not in use for classes may be used by the students to complete assignments and to do research. Report Card At the end of each term and after each mid-term, a Report Card will be given yextbook students with the percentage final grade achieved, credit earned, attendance details and a record of the learning skills and work habits demonstrated by the student.

Costs such as these benefit the life of the factory machinery and not just the current period. Learning Skills and Work Habits Students are assessed regularly on their achievement of the learning skills and work habits. Rather, it is tested annually for impairment. This textbook supports The Ontario Curriculum, Grades 11 and All students, parents, teachers and staff have the right to be safe, and feel safe in the school community.

Consequences for failing to comply with the timeliness are addressed in the schools Late Submission policy.