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Accounting for Intangible Assets

08 Mar 2012 / 0 Comments

Steve Collings looks at the fundamental principles in accounting for goodwill and intangible assets and also looks at some fundamental differences between current UK GAAP, IFRS and the proposed IFRS for SMEs.As accountants we are all aware that an intangible asset does not have any physical form

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Published On:Friday, 9 December 2011
Posted by Muhammad Atif Saeed

Linear Equations: Solutions Using Graphing with Two Variables

Linear Equations: Solutions Using Graphing with Two Variables

Example 1
Solve this system of equations by graphing.
equation
To solve using graphing, graph both equations on the same set of coordinate axes and see where the graphs cross. The ordered pair at the point of intersection becomes the solution (see Figure 1).
Check the solution.
equation
The solution is x = 3, y = –2.
Figure 1. Two linear equations.
figure
Solving systems of equations by graphing is limited to equations in which the solution lies close to the origin and consists of integers; even then, that solution is an approximation solved by eyeballing. For those reasons, graphing is used least frequently of all the solution methods.
Here are two things to keep in mind:
  • Dependent system. If the two graphs coincide—that is, if they are actually two versions of the same equation—then the system is called a dependent system, and its solution can be expressed as either of the two original equations.
  • Inconsistent system. If the two graphs are parallel—that is, if there is no point of intersection—then the system is called an inconsistent system, and its solution is expressed as an empty set {}, or the null set, ⊘.

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Posted by Muhammad Atif Saeed on 00:52. Filed under . You can follow any responses to this entry through the RSS 2.0. Feel free to leave a response

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I am doing ACMA from Institute of Cost and Management Accountants Pakistan (Islamabad). Computer and Accounting are my favorite subjects contact Information: +923347787272 atifsaeedicmap@gmail.com atifsaeed_icmap@hotmail.com
  1. Accounting for Intangible Assets
  2. Fair Value Measurement of Financial Liabilities
  3. The Concept of Going Concern
  4. The Capital Asset Pricing Model
  5. Bond Valuation
  6. Asset Management Market Efficiency Asset Management Market Efficiency
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