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‚ any expected gain in the future relating to the current year must be credited to the profit and loss account of the current year. N
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There are differences between microeconomics and macroeconomics‚ although‚ at times‚ it may be hard to separate the functions of the two. Microeconomics and macroeconomics are the two major categories within the field of economics. Microeconomics is the branch of economy‚ especially such topics as markets‚ prices‚ industries‚ demand‚ and supply. Microeconomic concentrates on the difficulties of the markets for services and goods‚ and how the price affects the growth of the markets (Microeconomics
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Psychological differences between men and women By M.Farouk Radwan‚ MSc. Recent researches‚ psychology and biology have pointed out many differences between men and women that can help us understand them both in a better way. Sometimes the main reason communication problems happen between men and women is that they don’t quite understand the differences between themselves well. Had men and women understood their psychological and biological differences they would have understood each other better
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The Difference Between Lobbying and Bribery Abstract The purpose of this paper is to try and identify the difference between lobbying and bribery. The Difference Between Lobbying and Bribery Lobbying is the practice of private advocacy with the goal of influencing a governing body by promoting a point of view that is conducive to an individual ’s or organization ’s goals. Bribery is a crime implying a sum or gift given alters the behavior of a person in ways not consistent with
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Cultural differences: The lifestyle and cultural difference as in the nature of the work ethics they have been following differs. Complicating Factors Product Line: Companies with large and diverse product lines have a particularly difficult job in managing the marketing/manufacturing
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Executive Summary In this report‚ I have discussed about the two major textile organizations that are AL-karam and Gul Ahmed textile mills. I have conducted a ratio analysis from the information gathered from their financial statements. In my study‚ I found out that AL-Karam is doing comparatively well from Gul Ahmed textiles as various ratios proved to be positive in terms of AL-Karam textiles. Accounting Policies Through accounting strategies and the methods of computation used in the preparation
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considerable differences between the work done by a solicitor and a barrister‚ and between the training systems for the two professions. A barrister and a solicitor underwent different training and have different areas of expertise. Barristers are self-employed. In England‚ a barrister is not allowed to form a partnership. Therefore‚ the barrister need not worry about the financial performance of the firm which in turn stops him from acting dishonourably in order to increase profit. The duty towards
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DIFFERENCES BETWEEN THE TWO GENDERS Men and women differ in many ways. The basic knowledge known by all people is that gender differences differ only in physical appearances and culture. For example men are usually taller than women or as some cultures differ a women has to be as good as men to survive in this world. But the correct way of putting a differentiation between these two genders are the differences not only physically but in aptitude‚ skill and behavior. The fact goes on about how women
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There are a lot of clear cut differences between Democrats and Republicans. These happen to be the main 2 parties Represented in the presidential election And no other 3rd party has ever been elected. Some major states Democrats are associated with are Massachusetts ‚ and California . For republican representatives ‚ the major states are ‚ Oklahoma ‚ Kansas‚ and Texas . The common symbol that represents each party is ‚ the donkey for the democrats‚ and the elephant for the republicans. The color
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a speedy recovery and optimal health. This paper will discuss the similarities and differences between the LVN and RN by comparing and contrasting their scope of practice‚ and their ethical and legal responsibilities. Similarities and Differences in the Scope of Practice With regards to work obligations‚ the LVN and RN have comparative duties when it comes to patient care however‚ there are some major differences as well. Both professions involve advocating for their patient‚ adhering to HIPPA regulations
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