Principle of Accounts Notes Topic: Introduction to Principles of Accounts What is accounting? Accounting is the process of identifying‚ recording‚ summarizing and communicating financial information to interested parties so that inform judgments and decisions can be made. The Purpose of Accounting: 1) It provides reports on the financial position of an organization and the profitability of its operations. 2) It helps management to make effective and efficient decisions in
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Trump or Paul Ryan say they want to replace the ACA with "Health Savings Accounts" (HSAs)‚ they are also saying they want to replace Obamacare or Medicare or Medicaid with YOU paying for your healthcare. That means YOU pay for chemotherapy... YOU pay for all surgeries and hospitalization... YOU pay for all your family’s doctor visits‚ urgent care‚ ER visits‚ and prescription drugs out-of-our-pocket. A Health Savings Account is just a tax-free way for you to save up money to pay for your own medical
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Q i) Expalin in detail five basic accounts along with their types and examples Five basic Acounts 1. Assets 2. Liabilities 3. Capital/Owner Equity 4. Revenue/Income 5. Expenses Assets Assets are the resources owened by a business and are expected to give benefit for future operation Example: If you buy a land and it will give benefit in the future operation then it is your asset . if the land which you buy And in future you have to sell only then this is not your asset. If you built
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Student Name: Professor Name: Class Name: Date: A Brief Analysis of “The First Account of Creation” The myth “The First Account of Creation” describes the story presented in the Biblical book of Genesis‚ in which God creates the world (sky‚ water‚ land) and everything in the world‚ including plants‚ animals‚ and people. The myth is focused on several key ideas‚ primarily that God is the creator of everything and is responsible for dictating what his creation can do in order to survive (multiply;
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pricing policies. They will use the financial accounts and ratio analysis‚ budgets are also an important source to management to identity possible future problems. Employees are people hired by the company. They are interested in profitability and the company’s future prospects that will effect their job security and future salary negotiations. They will use the cash flow statement that as a guide to future prospects‚ also trading‚ profit and loss account and profitability ratios can be used by them
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Reflective account on communication This assignment is a reflective account on communicating with a patient who cannot communicate verbally. To remain confidential I will call the patient‚ Patient A. I’m going to discuss the importance of non-verbal communication within a healthcare setting. Patient A was a 63 year old lady suffering from MND which resulted in her losing her speech. This was my first shift back from having a few days off and I returned to work on a night shift. Patient A was
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have also learned a lot about it since its initial discovery. Ebola originated in the African rainforest regions surrounding Zaire‚ where the first cases were discovered. Other known cases of Ebola infections have occurred in Gabon‚ Sudan‚ the Ivory Coast‚ Uganda‚ and the Republic of the Congo. Although we know the general area from which the viruses came‚ we don ’t know exactly where or what it came from. However‚ scientists believe it is "normally maintained in an animal host that is
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thank my teachers and my family members. I would like to thank most of all‚ God‚ whom I could not have finished this project without. Aims and Objectives The Aims and Objectives of this project include the following: To prepare all of the accounts and statements for the business “Pastry Delights” To provide the business with carefully thought out and reliable suggestions in order to make the business thrive To show the business how well or how badly they do for the two periods Description
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Explore your blind spot Discover how the mind hides its tracks by Tom Stafford Smashwords Edition (version 1.36‚ 24 January 2012) Copyright 2011 Tom Stafford This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 Unported License. Thank you for downloading this free eBook. You are welcome to share it with your friends. This book may be reproduced‚ copied and distributed for non-commercial purposes. You can even modify it‚ as long as the modified version is
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business transaction. The profit and loss account is fundamentally a summary of the trading transactions of a business and shows whether it has made a profit or loss during a particular period of account. Indeed‚ by deducting the total expenditure from total income the profit or loss of a business can be calculated. Along with the balance sheet‚ it is one of the key financial statements that make up a company ’s statutory accounts. Basically‚ this type of account shows the following information for
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