partnership agreement provided as follows: (a) Interest at the rate of 10% per annum is to be allowed on the partners’ Capital Account balances. (b) Interest on drawings was to be calculated at 4% per annum. (c) Top was allowed a salary of RM400 per month. (d) Interest on partner loan was 6% per annum. Trial Balance As At 31 December 2009 RM Capital : Top : Middle Current Account : Top : Middle Drawings – Middle (1 October 2009) Loan from Top Furniture and Fittings (cost RM50‚000) Premises Debtor and
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Emotional Bank Accounts We all do things that are counter-productive to our relationships. We all like to have people be nice to us. The concept of an emotional bank account is powerful‚ yet not quite as simple as keeping a ledger of debits and credits. One of the problems is the perception of worth. What is a “deposit” worth. We may think it is quite valuable. The affected person may consider it so routine it is not even remembered. The trick in making deposits is to know what value the
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organisation’s policies‚ procedures and priorities 1. Identify one organisational policy that is relevant to the work of a team (10 marks) [pic] [pic] [pic] [pic] 2. Look at the following three targets. Which of these targets is an example of effective target setting? (10 marks) a. Reduce workplace accidents b. Increase customer satisfaction c. Achieve 90% ‘satisfactory’ or higher ratings by customers [pic] 3. Look at these three pairs of objectives
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Q. How Will You treat ‘ packing expenses on sales’ in final accounts? Ans. It is an indirect expense‚ therefore‚ it should be shown in the Profit & Loss Account. Adjustments at a Glance Sl No. Adjustments Adjustment Entries Treatment in Final Accounts 1. Closing Stock Closing Stock A/c Dr. To Trading A/c a. Credit side of Trading A/c. b. Show on the assets side of B/S 2. Outstanding or unpaid expenses Expenses A/c Dr. To Outstanding exp. a. Add to the
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Second‚ check the inventory account. After we sort and count the inventory‚ we want to make sure that whether our accounts are correct. And then we have to options‚ first the account has some mistake‚ and then fix the account. Second‚ the account has no mistake; we can do the next step. Third‚ check the sale account‚ after we make sure that the inventory’s account is correct. We should check the sale account. Affirm the entire bill was in that account. Whether some people take the goods
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Theory of Accounts 1. The fundamental qualitative characteristic of faithful representation has the components of a. Predictive value and confirmatory value b. Comparability‚ consistency‚ and confirmatory value c. Understandability‚ predictive value‚ and reliability d. Completeness‚ neutrality‚ and freedom from error 2. The amount reported as “Cash” on a company’s balance sheet normally should exclude a. Postdated checks that are payable to the company b. Cash in a payroll account c. Undelivered
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summarizes the article‚ describes how the strategies in the article can be used in the classroom as well as a personal reflection. Mathematics is often viewed as a non-cultural subject. However‚ there are many ways that a mathematics teacher can make mathematics more inclusive and inviting for all students. The article‚ “Multicultural Mathematics: A More Inclusive Mathematics” is an article that describes methods and strategies to assist teachers in making Math more inclusive to appeal to all students
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Abstract The system will properly accommodate the needs of the students and the parents in taking the statement of accounts. It will provide an accurate‚ fast and smart statement of accounts to students that are up-dated for the school administrator and the students. It will also provide students to view their own statement of accounts. Student Account System has different features that would be a perfect aid for the students‚ school administrators‚ cashiers and parents as well. These are; processing
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The speech therapist work with children who have problems with understanding‚ communicating and expressing themselves.The therapist will take into account any reasons for children difficulties and will help the children to overcome them. The educational psychologist assess any developmental or learning needs of the child ‚ and work closely with the parents and teacher in order to help the child to cope
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HOSPITAL BILLING SYSTEM [pic] TASKS 1. Create Patient and Patient Account tables. Please bear in mind that you will be additionally tested for deciding on sensible data types and field sizes. (Assuming that all other tables are already created). 2. (a) Create a sequence for Patient’s ID which should start from 1000‚ should increase in steps of 1‚ and should not exceed the value 99999. (b) Insert a sensible record in Patient’s table by using the sequence created in (a) within
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