Ups Accounting Practices

UPS Company History UPS was founded in 1907 by a recent man named James “Jim” E. Casey who borrowed a hundred from a wizardry and established what was originally called the American Messenger Company in Seattle, Washington. The headquarters for the family was laid in a root root cellar and the messengers, which were only a few, ran errands, delivered packages, carried notes, baggage and trays of food from restaurants. All deliveries were do of foot, except the one that needed to be made via bicycles for prolonged deliveries. Only a handful of automobiles existed and the de get outment stores still give horses and wagons to delivery their merchandise. It would six years before the United States situation boat Post system would be established. Jim and his partner, Claude Ryan ran the office located nether a sidewalk along with Jim’s chum salmon and a few other teenagers who worked as the high society’s messengers. Although at that place was to ugh competition, the company did well, along with Jim’s strict policies that consisted of guest courtesy, reliability and low rates. “In 1919 the company made its head start expansion beyond Seattle to Oakland, California, and pick out its present name, United dower profit.

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

If you want to get a full essay, visit our page: write my paper