TAKE HOME FULL LENGTH TEST – June 2011 ACCOUNTS AND LAW Maximum Marks: 100 Time: 2 Hours SECTION-A Accounts Q1. The ‘going concern concept’ is the underlying basis for (a) Stating fixed assets at their realizable values. (b) Disclosing the market value of securities (c) Disclosing the sales and other operating information in the income statement (d) None of the above. Q2. Rs. 1500 received from sub-tenant for rent and entered correctly in the cash book is posted to the debit of the rent account
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Plastic Bags Should Be Banned Thesis: Today when we go shopping‚ we will see a lot of people carrying their shopping bags made of plastic. Plastic bags are really convenient for all of us to carry things we have bought. In contrast‚ there are many disadvantages of using plastic bags. If you know that plastic bags have negative impacts for our environment‚ I am sure that reducing the use of plastic bags will be happened soon. Con: they are really convenient for all of us to carry
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Gold mining is a serious problem due to air‚ water pollution it produces an it threatens the human health. It is a term used to define the series of processes to extract gold from underground. It is impossible to know the exact date that humans first began to mine gold‚ but some of the oldest known gold artifacts were found in the Varna Necropolis in Bulgaria. The graves of the necropolis were built between 4700 and 4200 BCE‚ indicating that gold mining could be at least 7000 years old (Oancea
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Plastic bags are not biodegradable‚ so they get littered onto a wasteland which causes soil erosion causing damage and harm to the trees. If plastic bags are burnt‚ they emit hazardous gases causing air pollution which causes damage on the ozone layer. The Plastic can be reduced by u not using lots of plastic and use things in yr homes then going to buy a plastic bottle from the shop. Plastic bags are made out of non-biodegradable substance.(not organic)Because they are durable they do not
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AIR BAG MANUFACTURING PROCESS Muhammad Junaid Ali 11-14-11 Group :: 5 Background • An air bag is an inflatable cushion designed to protect automobile occupants from serious injury in the case of a collision • Air bag is designed to supplement the protection offered by seat belts which are needed to hold occupant securely in place especially in side impacts‚ rear impacts‚ and rollovers. • Upon detecting a collision‚ air bags inflate instantly to cushion the exposed occupant with a big gasfilled
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Introduction of the Gold Standard The Gold Standard era started from 1870 to 1914. With the help of historical accidents centering on Britain‚ Britain tied the pound sterling more closely to gold than to silver. In addition‚ Britain’s UK dollar became the supplier of reserve currency. Under the gold standard‚ each country’s government fixed its currency to a specified quantity of gold‚ and promised full convertibility to gold. Each country’s government would sell and or buy gold at mint parity
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consumer experience by inventing the plastic bag to replace the paper bag (Turner & Sutton‚ 2012). His intention was to save the trees that would need to be cut down to create paper bags; however in his quest for environmental preservation‚ he inadvertently created a worse evil. Plastic bags are everywhere; it is almost impossible to make a purchase today without receiving our items in a plastic bag‚ but how many of use save our plastic bags for reuse? Plastic bags are made from natural gas and petroleum
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In the story of Beowulf‚ gold and treasure play a very important role in the last chapter of the story‚ when as an old man‚ Beowulf leaves to go and fight the dragon on which had unleashed its fury on the people in Beowulf’s kingdom because a thief had stolen a flagon (golden goblet) out of the dragon’s load of treasure. |...one dragon began to rage. It guarded a hoard high upon a hill in a very steep barrow of stone and it was seldom traveled by many man. However one man journeyed upon that cave
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“All that glitters is not gold.” Many things may appear very attractive. But‚ when they are examined‚ they often prove to be deceptive. One cannot judge the quality of a thing by seeing its exterior only. Thus is the proverb – “All that glitters is not gold.” A beautiful packaged product launched in the market after massive advertising campaign may attract the consumer. One who cannot afford to buy most of the goods is easily tricked in to buying fake and imitation goods. He may buy that product
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Gold hits all-time high as equities tumble on U.S. downgrade By Lewa Pardomuan | Reuters – 15 hours ago * * tweet1 * Email * Print RELATED CONTENT * Enlarge Photo A Nepalese jewelry store keeper arranges gold jewelry in Kathmandu August 8‚ 2011. … SINGAPORE (Reuters) - Bullion roared to all-time highs for the second consecutive session on Tuesday as stock markets plunged on growing fears of a recession in the United States after last week’s cut in the country’s credit rating
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