A balance sheet is a financial statement that reports the assets‚ which are resources owned by a business‚ liabilities‚ and stockholders’ equity at a specific date. Examples of assets would be computers‚ delivery trucks‚ furniture‚ and buildings. A balance sheet has two categories: Assets‚ liabilities‚ and stockholders’ equity. Liabilities are the debts and obligations of a business. Liabilities represent c claims of creditors on the assets of business. Examples of liabilities would be notes
Premium Generally Accepted Accounting Principles Income statement Balance sheet
BSBMGT515A: Manage Operational Plan Timothy Coy 13/07/2012 Section 1 Assessment activity 1 In your own words‚ describe the purpose of the operational plan and its relationship to the strategic plan. The purpose of the operational plan is to focus on shorter term objectives usually within 1 up to 3 years. For plans of 2 to 3 years‚ a more detailed breakdown of shorter timeframes should be included within the body of the document. An operational plan provides detailed information on planning
Premium Balanced scorecard Strategy map Strategic management
In his essay‚ Ideology and Ideological State Apparatuses‚ Louis Althusser demonstrates that in order to exist‚ a social formation is required to essentially‚ continuously and perpetually reproduce the productive forces (labour-power)‚ the conditions of production and the relations of production. The reproduction of productive forces is ensured by the wage system which pays a minimum amount to the workers so that they appear to work day after day‚ thereby limiting their vertical mobility. The reproduction
Premium Marxism Louis Althusser Ideology
| Company: World Balance International‚ Inc. I. Company Profile A. History In October 14‚ 2008‚ World Balance International was introduced to the market‚ which aims to distribute and market top and excellent quality footwear and apparel worldwide under its brand. B. Company’s Product and Services World balance features a variety of footwear to provide Filipino men and women with more options
Premium Footwear Sales Customer
Balance of Payments MEANING : Balance of payment can be defined as systematic record of all economic transactions between the residence of one country and the residence of another country during a given period of time.Economic transactions can broadly be categorized in to four heads which are: 1. VISIBLE ITEMS : visible items include all those tangible goods which can be imported and exported. These are visible as they are made up of some matter or material. this is known as merchandise also.
Premium International economics Balance of payments Bretton Woods system
Balanced Scorecard Analysis of Hyundai and Honda Two of the major players in the global automobile industry are Honda and Hyundai (also known as Hyundai Motor Group). These business organizations have global scope of operations‚ and they have maintained considerable growth and expansion in recent years despite the slowdown of the Western economies. The positions of Honda and Hyundai emphasized the capabilities of these firms to maintain a positive and profitable strategic outlook‚ especially in
Premium Automotive industry Automobile Japan
R.S Prep-why is the bible so important to Christians: B question The Bible is important for Christians because it is the word of God and in the New Testament God speaks to us directly through the life of his son (see Hebrew 1:1‚2). The bible is also very important to Christians because it reinforces the existence of Jesus and provides proof of his existence through the letters from Peter when he stated that “we were eyewitnesses of his majesty” (see 2 Pet 1:16 -18). The Bible is an eyewitness
Premium Christianity Jesus New Testament
Rent Expense | 6‚200 | Electricity Bill – paid on May 30‚ 2011 | 8‚500 | Land | 15‚000 | Depreciation Expense | 31‚750 | | | Required Prepare a fully classified vertical format Balance Sheet for Nguyen Bich Fitness Club as at June 30‚ 2011 EXERCISE 2. The following are account balances of Brickwork as | | | | at 31 December 2010: | | | | | | | | | | | | | | Account | Amount ($) | | | | | | Plant & machinery | 25‚000 | | | | | |
Premium Accounts receivable Generally Accepted Accounting Principles
- Brandscore Card - Introduction The brandscore card is an essential element used to evaluate the overall equity of a brand. The scorecard is an effective way to asses the unmet needs of the brands customers‚ it enables the brand to stay relevant and effective in the marketplace in a methodological manner. The scorecard should be able to fill any gaps that have developed within the brand’s approach to management and its strategic direction‚ as well as developing and maintaining a functional management
Premium Brand Brand management IKEA
What is a Trial Balance? State its objectives and characteristics. Give some reasons for disagreement of the Trial Balance. A ’Trial Balance’ is a list of all the General ledger accounts (both revenue and capital) contained in the ledger of a business. This list will contain the name of the nominal ledger account and the value of that nominal ledger account. The value of the nominal ledger will hold either a debit balance value or a credit balance value. The debit balance values will be listed
Premium Double-entry bookkeeping system Bookkeeping General ledger