interpreting the contents of the British airways accounts I will also be writing a statement about the business and its progress‚ and describe what profit and loss accounts are. PROFIT AND LOSS ACCOUNT By law business are required to provide annual financial statements‚ which will appear in their company report‚ there are two main types of financial statements‚ one is balance sheet and the other is a profit and loss account. A profit and loss account is a record which can be updated regularly and
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from customers Rs. 3‚00‚000 31.1.2011 Paid interest on loan Rs. 5‚000 31.1.2011 Paid instalment of loan Rs. 25‚000 31.1.2011 Interest allowed by bank Rs. 8‚000 Analysis of transaction –with accounts involved-nature of account-affects and debit/credit Solution: Date Accounts Involved Nature of Account Affects Debit/credit 18.1.2011 Cash a/c Sanjay a/c Real Personal Cash is coming in Sanjay is the giver Debit Credit 19.1.2011 Ramu’s a/c Bank a/c Personal Personal Ramu is the receiver
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Anti +arrack movement Anti +arrack movement means movement against alcoholism. An anti- arrack movement was created in a remote village in Dubagunta‚ in Andhra Pradesh in 1972. It began as a spontaneous movement of women against alcoholism and agitated to force the closure of the arrack (liquor) shop in the village in Nellore district and adopted by the other districts of Andhra Pradesh. There was no organized leadership to start with in the anti-arrack movement. Most of the groundwork
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Definition: A current account deficit is when a country’s government‚ businesses and individuals import more goods‚ services and capital than they export. That’s because the current account measures trade‚ as well as international income‚ direct transfers of capital‚ and investment income made on assets‚ according to the Bureau of Economic Analysis. When those within the country rely on foreigners for the capital to invest and spend‚ that creates a current account deficit. Depending on why the
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pounds sterling (L). a. What is an account receivable? What other names does this asset go by? b. How do accounts receivable differ from notes receivable? c. What is a contra account? What two contra accounts are associated with Pearson’s trade receivables (see Note 22)? What types of activities are captured in each of these contra accounts? Describe factors that managers might consider when deciding how to estimate the balance in each of these contra accounts. d. Two commonly used approaches for
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An account manager is a person in a business who is responsible for the management of the sales and relationship with particular customers. They are allocated particular customer accounts‚ especially the key accounts which provide the most business. The Account manager varies depending on the nature of the business. The account manager builds client relationship by acting as the interface between the customer service teams and sales teams within a company. By maintaining the company’s existing relationship
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• This document consists of 4 pages. Any blank pages are indicated. © OCR 2009 [H/500/7722] SP (NF) T77015/2 OCR is an exempt Charity Turn over 2 1* Paula Redwood‚ a sole trader‚ prepared the following Trial Balance from her accounts on 30 April 2009. Rent General expenses Insurance Salaries Electricity Capital Motor expenses Bad debts Drawings Debtors Creditors Bank Stock 10% Loan Loan interest Carriage outwards Commission received Purchases Sales Purchases
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Anti-Jewish Laws; Crumbling Rights Ky’Asia Williams Buchtel Community Learning Center Word Count- 842 Anti-Jewish Laws; Crumbling Rights ~The years of 1933 to 1939 were filled with darkness and despair. Hatred and prejudice against Jews‚ and many other groups‚ has bothered our world for a very long time. As a great example‚ during times of the Holocaust. The Holocaust was a overwhelming tragedy that happened in the early 1940s after many years before being filled with preparation. This event
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“ANTI-RH BILL AKO! THAT’S WHY I SAY LIFE IS SIMPLER THEN” Surely‚ the proposed law spreads around nice words such as responsibility‚ healthcare‚ freedom‚ choice‚ development‚ rights‚ equality‚ couples‚ etc. Yet‚ it is nothing but an attempt to remove God from our government and society. When I told a friend that lines‚ he answered: “grabe naman kasi kayo‚ masyado kayong overreacting‚ masyado nyong ginagawang literal ang mga sciptures. sa sobrang pagkaliteral‚ yung mga sentiments na rinerelease nila
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“FREE” Education Two years of FREE community college! In theory‚ this sounds like a really good idea‚ and would give numerous people‚ who would otherwise not have the option to continue his education‚ the opportunity to get a good start on his college degree. President Obama has proposed a two year‚ free community college plan. in his speech given at Pellissippi State College in Knoxville‚ Tennessee‚ President Obama stated‚ a college education should be “as free and universal as high school is
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