REVIEW OF RELATED LITERATURE 2.1 INTRODUCTION The data collection used as references to gain information during the research conducted. This literature reviews discuss about the information gathered by reading journals and websites. It explains several important terms being used in developing a Student Information Management System. While‚ project methodology is methods or technique used to complete this project. This chapter covers the related literature and brief analogy of
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A01 Profit and loss account: A profit and loss account calculates the amount of gross and net profit that a business takes on an annual basis; it also outlines the loss which has occurred through the business‚ through necessary overheads. There are many aspects included within a profit and loss account‚ all of which I am going to briefly explain. It is important to have a profit and loss account within a business to enforce correct usage of the money. The company will be able to see where the business
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these medicines be free or should you have to pay for them? It’s an overgeneralization‚ but witchcraft involves a lot of the use of natural herbs and other natural things to heal. "No Witchcraft for Sale" also deals with different races and social classes. [Summary of the text: "No Witchcraft for Sale" is set in Rhodesia/Zimbabwe. Gideon is a native who works as a cook in the home of the Farquars‚ white farm owners. One day he saves their child‚ Teddy‚ from a snake bite that would have caused blindness
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Sales of a Corvette South University Online February 5‚ 2011 To: Ms Starz‚ Senior Partner From: Date: February 5‚ 2011 Re: Mr. deCapo purchase of 1965 Corvette Stingray Did the “I accept” note scribbled on the napkin mailed to Ms. Daughtery create a binding contract between the two parties over the sale of 1965 Corvette Stingray‚ even though she has not received the acceptance note yet? Yes this is a binding contract between the two parties. While this may be an unconventional acceptance
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Americans do not realize the extreme cost involved in care of these patients. Legalizing the sale of human organs is a more effective practice in comparison to recent alternatives presented to increase the amount of organs donated. Since 1984‚ the buying and selling of human organs has been illegal in the United States. This prohibition on organ markets is very controversial. Deciding whether or not to legalize the sale of organs has been a huge topic plaguing the medical world for a very long time. Determining
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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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Chapter 1 THE PROBLEM AND ITS BACKGROUND Introduction Technology has made it possible for businesses to become the much more successful. Automation represents of the major trends of the 20th century. The belief has grown out of the belief that automated system provide superior reliability‚ improved perrformance and reduced cost for the performance of many functions. The automation has steadily advanced as means have been for automating physical‚ perpetual‚and more recently cognitive task in all
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| LiquidityCurrent Ratio | 1067.3/832.9 = 1.3:1 | 1041.2/758.1 = 1.4:1 | Quick Ratio | (1067.3 – 368.3)/832.9 = 0.84:1 | (1041.2 – 309)/758.1 = 0.97:1 | Inventory Days | (368.3/2445) x 365 = 55 days | (309/2409.6) x 365 = 47 days | Trade Receivable Days | (645.6/3453.7) x 365 = 68 days | (616.6/3406.5) x 365 = 66 days | Trade Payable Days | (544.6/2445) x 365 = 81 days | (550.3/2409.6) x 365 = 83 days | SolvencyGearing | 727/232.4 = 3.13% | 802/133.4 = 6.01% | Interest Cover | 574.8/24
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expense of $150000 in its profit and loss account. (5 marks) 2. The cash book of Ronald Limited showed a favourable bank balance of $98777 at 30 April 2001. An examination of the bank column in the cash book and the bank statement disclosed the following: iii. Dividends amounting to $752 had been credited by the bank but not entered in the cash book. iv. The bank had credited the company’s account with $3725 being the proceeds of a bill receivable. This amount was recorded as a payment
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the Account Management System? Are these sensible goals? Why or why not? The motivation for Carl-Erik Ridderstrale‚ president of Kanthal‚ to develop an Account Management System was to find a process of determining the profitability of individual customer orders. An accurate account measurement system was needed in order to achieve a strategy for increasing growth and profitability without adding a significant amount of sales and administrative resources to handle anticipated increased sales. In
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