Final Project Introduction and Week 1 Milestone Essay

Final Project Introduction and Week 1 Milestone - Essay Example It can be used to shed light on some educative debates, politics as well as other world issues (Magoun, 2006). In addition, television can also be very important in promotional activities, involving business promotions among others. In the current world, television has become one of the most indispensible tools for education (Zettl, 2007). This is very helpful even to the students. Television always helps in making students get to acquaint themselves with several things. This is because, in the televisions, there are several programmes designed or literary documentaries, as well as literary programs (McCarthy, 2001). These are very important to the students. In this respect, it is of crucial significance to note that television always helps students to acquire more knowledge in the same ways that reading books always contributes. Television is also a source of entertainment. In summary, the complex integration of entertainment, education, business promotions, as well as communication in all aspects is very important. As such, it was very crucial for me to consider television as my media type of

Financial Accouting Theory coursework Essay Example | Topics and Well Written Essays - 1500 words

Financial Accouting Theory coursework - Essay Example permits the accounting treat of investments in joint ventures in either of two methods, namely, the proportionate consolidation method or the equity method. It is matter of great controversy and discussion as which method is most suitable for venturer to recognize its joint venture interest in its financial statements. An effort has been made in this write up to suggest the most suitable method of accounting for the venturer. For applying proportionate consolidation method the consolidated financial statements of jointly controlled entity are used. The consolidated balance sheet of the venturer includes its share of assets that it controls jointly as well its share of liabilities for which it is jointly responsible. Similarly, the profit and loss account of the venturer includes its shares of income and expenses of the jointly controlled entity. First, Share in each asset, liability, income, and expenses of the venturer into the joint venture statements may be shown as separate line item under the asset, liability, income, and expenditure of similar nomenclature in the consolidated financial statements of the venturer, or the second, where the venturer may combine its share in each asset, liability, income, and expenditure into joint venture financial statement with asset, liability, income, and expenditure of similar nomenclature in the consolidated statements of venturer. Under equity method initially the investment into the joint venture is recoded at cost. The venturer will recognize its share of joint venture income as an increase in investment and a corresponding increase in the net income. Share of income or part of investments actually withdrawn or taken from joint venture business is not shown as income by the venturer in its statements. Instead those are reported as reduction in the joint venture investment account. Market values of the investments into the joint venture are not considered. The transactions are recorded at cost only. When an