expecting payment and to write the debt off as a lost cause. Businesses normally make provisions for such cases. Provisions are those amounts which are set aside out of the profits for a specific purpose e.g. provisions for bad debts‚ doubtful debts or depreciation‚ etc. These provisions are made in view of some expected events. Any expected loss in the future relating to the current accounting period must be charged (i.e. debited) to the profit and loss account of the current period. Similarly
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Session 2 : Principles of Accounting and Financial Reporting - Chapter Two Quiz 1. Which of the following is a difference between financial reporting for internal service and enterprise funds? (Points : 10) Internal service funds are reported in the governmental fund financial statements. Internal service funds are reported in the proprietary fund financial statements. Internal service funds are generally
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Content Questions Why does the narrator want to give the heroine blonde hair instead of black hair? 2) What does the narrator make the heroine take off? Consider the effect both for suspense and to foreshadow. 3) Why are biblical names a problem for the narrator? 4) Who is Linda? Who is Greg? 5) To whom does the narrator “speak”? 6) Why does the narrator say that‚ “Dialogue is about the hardest stuff to write”? 7) Linda sits on the riverbank‚ but Michael must be at the river to fish. Why can’t Michael
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The Minimum Wage: Who does it really affect? A very controversial question that often comes up is whether or not we should increase‚ decrease‚ or eliminate the minimum wage. The Last time we saw a change in the federal minimum wage was July‚ 24 2009. It was set to $7.25 and we haven’t seen a change since. “The average cost-of-living increase over the past decade is about 26 percent. This means that an item purchased ten years ago would have cost about 26 percent less than it costs to purchase that
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Minimum wage is defined as the lowest possible income that an employer can legally pay an employee. This ensures that all people are fairly paid and not defrauded by companies or businesses. Minimum wage is now a staple in 90 percent of countries in the world (Minimum). Even with these minimums‚ a person’s lifestyle is hard to maintain. Sustainability‚ in my opinion‚ is the ability to keep or maintain a certain amount of physical or mental property. In this light of sustainability‚ minimum wage is
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Many have disagreed that the minimum driving age should be raised from 16 to 18. It should stay at 16. There are many advantages to driving at an age younger than 18. Various teenagers are unable to participate in extracurricular activities due to no available way to get to and from the activity‚ teens are able to get jobs and need a way of transportation without depending so much on their parents‚ and numerous high school graduates are younger than 18 or just turned 18. First of all‚ various
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MAXIMUM RIDE: THE FINAL WARNING “They can save themselves‚ but can they save the planet?” BY: JAMES PATTERSON The novel that I’ve read—Maximum ride: The Final Warning‚ by James Patterson is the fourth book in the series of Maximum Ride. The story is very detailed‚ and also very thrilling with an amazing climax. There are several main characters in this story: Iggy‚ Angel‚ Fang‚ Maximum—or Max‚ Nudge‚ Gasman—or as he preferred—Gazzy‚ and finally their dog—Total. Now these aren’t
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Minimum Wage Fireworks were lit once the announcement surfaced the internet that President Obama stated‚ “Tonight‚ let’s declare that in the wealthiest nation on Earth‚ no one who works full-time should have to live in poverty.” (Obama) He was looking to raise minimum wage during his State of the Union address. The average middle class person would be elated that minimum wage was going to rise. The amount of increase would depend on your location. I was one of those people would were excited
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Recommended Action The Administrative Maximum (ADX) facility in Florence‚ Colorado utilizes the separate and silent strategy‚ so that offenders would reflect on their crimes all day‚ which started a debate on if it is healthy for inmates to undergo and whether is it a secure way to control inmates at the facility. Furthermore‚ to address the issue previously stated‚ I would recommend that the ADX change their strategy to the Auburn System‚ but change the prohibitions on the face-to-face contact
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K RIPPEY 23103 TOONE RD ELKMONT Al 35620-4929 Dear Member: A Special Certificate with the following terms has been issued in your name. If this is not your intention or if you have any questiOns‚ please contact Navy Federal’s Certificate Branch as soon as possible. You may do so by calling toJl-freein the U.S.l-888-842_-Ji3:?8._foc~ toll-free numbers when overseas‚ visit navyfederal.orgloverseas/. Use 1-703-255-8837 for collect intemational calls. If you prefer‚ you may write to Navy Federal Credit
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