Transactions Show Journal entries to record the following transactions. Post them into appropriate Ledger Accounts and then extract a Trial Balance on 31st December‚ 2012: 2012 Jan 1st: Commenced business with cash Rs 1‚00‚000. Jan 10th: Bought office equipment worth Rs 40‚000. Jan 25th: Purchased goods worth Rs 25‚000; less 10% trade dis. on credit from Rahul. Feb 4th: Purchased office stationary worth Rs 500. Feb 9th: Paid premium for fire insurance Rs 5‚000 Feb 20th: Sold goods on
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| | | | |[pic]|monitoring policies | | CORRECT | | | | | | | Points Received: 4 of 4 Comments: 2. Question: Procedures designed to protect cash from theft and misuse from the time it is received until it can be deposited in a bank are called ________. Your Answer: | |[pic]|accounting controls | | | | |
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one that provides customers with quality products and services. Developing effective skills in dealing with specific challenges in order to compete effectively and to achieve a set goal is the aim of every successful organisation all over the world today. An online dictionary (businessdictionary.com) describes an “organisation as a social unit of people‚ systematically structured and managed to meet a need or to pursue collective goals on a continuing basis. All organisations have a management structure
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Individual Assignment Introduction to Financial Accounting (ACC106) Mega Lawa Trading is a sole proprietorship business owned by Milah Mela. Transactions below are the business activities for the month of December 2013. Date Transaction Effects of Transaction Principles of Double Entry 1 Started a business with a cash at bank for RM 15‚000 and cash in hand for RM 10‚000 3 Purchased machinery on credit from Happy Machine Supplies amounted to RM 90‚000 4 Bought inventories
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Thomas Spoleti Assignment #2 Reflection I Am Recently‚ we have seen turmoil in every corner of the world‚ in every way imaginable. From the outbreak of civil unrest throughout the Middle East‚ to floods and earthquakes decimating Taiwan and Southern China‚ we can witness all these events as access to information is made available like never before in the history of man. All our advancements into areas such as medicine‚ agriculture‚ industry‚ still leave us asking what is still wrong with the
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What is Interest Subvention? The latest hot news maker after demonetisation seems to be the interest subvention. Simply stated‚ interest subvention is a subsidy provided on interest rates. This particular write up is about interest subvention on housing loan rates. Affordable Housing- Explained in relation to Interest Subvention: Affordable housing has a skewed definition. Depending on which tier the city falls into or based on rural and urban areas‚ the range of any affordable housing property
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What is the most important thing that can motivate employees With the rapid development of economic globalization‚ efficiency and quality determine the future of a firm. The fundamental factor‚ which determines the fortune of a firm‚ is employee‚ because if employees perform well and work efficiently‚ productivity will be considerably improved and large quantities of profits will be made. The increasing number of managers has realized the fact that employees are playing vital roles in development
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When the plane landed‚ it was met by DEA and Customs and Border Protection agents and police. No unsmoked weed was found during the search; however‚ there was smoke inside the cabin‚ according the report. Officers questioned the singer alone because "in past examinations‚ Bieber had become argumentative and abusive when together with his security team." That sounds familiar. [Related: Bieber’s Epic Bad Day Capped By Assault Charges] When Justin was detained upon entering Australia under
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analysis 2013 | Strengths | Weaknesses | 1. Brand loyalty 2. Brand reputation 3. Easy to use software 4. Strong distribution channels 5. Robust financial performance 6. Acquisition of Skype | 1. Poor acquisitions and investments 2. Dependence on hardware manufacturers 3. Criticism over security flaws 4. Mature PC markets 5. Slow to innovate | Opportunities | Threats | 1. Cloud based services 2. Mobile advertising 3. Mobile device industry 4. Growth through
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Institute of Accountants) WHAT FACTORS DRIVE CHANGE IN MANAGEMENT ACCOUNTING IN MALAYSIAN ORGANISATIONS? Suzana Sulaiman Aliza Ramli Accounting Research Institute & Faculty of Accountancy Universiti Teknologi MARA‚ Malaysia Falconer Mitchell University of Edinburgh‚ UK Abstract Without knowledge of how the management accounting (MA) discipline changes‚ its development cannot be properly understood. Prior research indicates that MA has been changing and that many factors are implicated in its change
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