COURSE 2 - The Balance Sheet The balance sheet (also called statement of financial position) reports the financial position of the business at a point in time. It does so by listing the categories and amounts of assets‚ liabilities and equity on a specific date‚ in a format that proves the fundamental accounting equation. ASSETS = EQUITY + LIABILITIES or ASSETS – LIABILITIES = EQUITY Formats of presentation Regardless of
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1. Q:Collect Balance Sheet of five different companies. Try to analyse it in your own words. Analysis can be in terms of change in profit‚ asset‚ liabilities. Etc ZYNGA [pic] The First comapny we’ll be looking at is Zynga. Let’s jump right into it. Across the board‚ the Total Current Assets is less than the previous year‚ more more than other earlier years. This could indicate that the company may have liquidized some of their assests within the year. Total Assests is greater than the
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world‚ how did the region grow out of such a small town. The Islamism started to spread after the death of Prophet Mohammad in the year of 632. The muslim community called “Ummah”‚ came into existence during the period of Prophet Mohammad. In the first few centuries after the Islam community has started‚ fast growth of Islamic world was achieved under Rashidun and Umayyad Caliph. The ‘Ummah‚ community activities have spread Islam all over the world starting from Mecca‚ extending till Indonesia where
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During the spread of Buddhism in china‚ three popular views were that the spreading of Buddhism should be stopped‚ society benefited from it‚ and it was the way of salvation (afterlife). One of the responses to the spread of Buddhism was that it should be stopped. Many officials believed that Buddhism was harmful to china because Buddhism was discordant with the already established Chinese traditions‚ culture‚ and aristocracy. The leading scholar and official at the Tang imperial court‚ Han Yu‚
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In the books of a Company Cost Sheet for the period ended…….. Units Produced….. Name of the product unit sold…. Particulars Total cost Rs. Unit Cost Rs. Opening stock raw materials Add Purchases of Raw Materials Add: Expenses on Purchases of Raw Materials (octroi & duty) Less: Closing stock of raw materials Less: Sale of scrap or defectives of raw materials = Cost of materials consumed Add: Productive Labour Add: Outstanding wages Add: Direct Expenses( architect’s
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The balance sheet‚ income statement and cash flow statement are closely related. Basically‚ a balance sheet describes a company’s assets‚ liabilities and stockholder’s equity in a specific period of time. An income statement mainly shows the net profits or loss of a company. The purpose of the income statement is to show stockholders and investors whether the company earned or lost money. A cash flow statement explains cash inflows and outflows. Each financial statement reveals a part of a company’s
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balance sheet‚ like a photo‚ provides a financial picture of a company on a given day and time. It categorizes all of a company’s resources as assets‚ all of its debts as liabilities‚ and all of the owner’s investments as equity. A company uses its assets‚ such as accounts receivable‚ inventory‚ and equipment‚ for manufacturing or purchasing products for sale or to provide a service. A company’s assets are financed by its liabilities (debt) and the owner’s equity (net worth). On a balance sheet‚ the
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APPROVAL SHEET The Research proposal entitled “Effects of Electronic Gadgets on Youth” is prepared and submitted by Jodelyn P. Nayre in partial fulfilment of the requirements for economics subject has been examined and is hereby recommended for oral examination‚ acceptance‚ and approval. ARLYN D. DORADO Adviser PANEL OF EXAMINERS APPROVED by the committee on research and oral examination with a grade of ________. ARLYN D. DORADO Accepted in partial fulfilment of the requirements for
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Unit 008; Causes and spread of infections. Outcome 1. Understand the cause of infection: 1) Identify the differences between bacteria‚ viruses‚ fungi and parasites. Bacteria – bacteria are extremely small singular organisms which are found almost everywhere. Viruses – it is a coated genetic material that invades cells and uses the cells apparatus for reproduction. Fungi – it is a multi-celled living organism. Parasites – they are types of living plants and animals that derive benefit
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Attendance Number: ------------ Section: ------------------------ Scientific Research Skills HSS 110 First semester 2012/2013 Working Sheet Course Activities & Assignments 1) Select the topic that you are interested in (in a form of variable) ‚ start from general idea or area‚ attach your reading in your portfolio: --------------------------------------------
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