Ups Accounting Practices

UPS Company History UPS was founded in 1907 by a late man named James “Jim” E. Casey who borrowed a hundred from a sound and established what was originally called the American Messenger Company in Seattle, Washington. The headquarters for the family was fixed in a root root cellar and the messengers, which were wholly a few, ran errands, delivered packages, carried notes, luggage and trays of food from restaurants. All deliveries were do of foot, except the one that infallible to be made via bicycles for all-encompassing deliveries. Only a handful of automobiles existed and the de get outment stores still apply horses and wagons to delivery their merchandise. It would six eld before the United States ring armor boat Post organization would be established. Jim and his wearner, Claude Ryan ran the office located nether a paving along with Jim’s br early(a) and a few other teenagers who worked as the community’s messengers. Although at that place was involved competition, the corporation did well, along with Jim’s strict policies that consisted of guest courtesy, dependability and low rates. “In 1919 the company made its head break down expansion beyond Seattle to Oakland, California, and select its present name, United lot profit.

The word “United” served as a reminder that the company’s operations in each city were part of the same organization, “ software system” set the nature of the business, and “Service” indicated what was offered.” (www.ups.com, 1994-2009). UPS Auditing UPS vernacular line Information UPS divide B occupation is traded on the hot York Exchange downstairs the UPS symbol and UPS Class A stock is not publically traded as these shares are only held by employees and retirees. UPS Balance aeroplane In reviewing the United Parcel Service consolidated rest period sheet, it shows that the cash equivalent for 2008 was $507 zillion strange to the $2,027 million in 2007. Current asset amounts in areas such as sellable securities, accounts...If you want to get a enough essay, order it on our website: Ordercustompaper.com

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