Periodic Inventory System Perpetual Inventory System Purchases xxx Accounts Payable Purchase of merchandise on account Merchandise Inventory Accounts Payable Purchase of merchandise on account xxx Accounts Payable Merchandise Inventory Return of merchandise xxx Accounts Receivable Cost of Sales Sales Merchandise Inventory Sale of merchandise on account xxx xx Sales Returns and Allowances Merchandise Inventory Accounts Receivable Cost of Sales Return of merchandise xxx xx xxx xxx Merchandise
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Financial Statements convey the following information to different parties: 1. Financial Condition / Position (status of assets‚ liabilities and owner’s equities) 2. Financial Performance / Results of Operations (net income or net loss) 3. Financing and Investing Activities International Accounting Standards (IAS) - The accounting setting body that makes the Generally Accepted Accounting Principles (GAAP). 1. Going Concern Concept - Business is to continue its operations indefinitely. 2. Entity Concept
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CHAPTER 1 About Participatory Notes ¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬____________________________________________________ Introduction to Participatory Notes: Participatory notes (PNs / P-Notes) are instruments used by investors or hedge funds that are not registered with the SEBI (Securities & Exchange Board of India) to invest in Indian securities. Indian based brokerages buy Indian-based securities and then issue participatory notes to foreign investors. Any dividends or capital gains collected
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COMMUNICATION What is Communication? Communication is derived from a Latin word Communis meaning common or shared. It belongs to a group of words that include; - Communion - Communism - Community Until you have shared information with another person‚ you have not communicated it. Communication is about sharing of information. Communication occurs when we share information and it is understood by the other person(s) the way you have understood it. Communication therefore is: 1) The process
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Department of Lifelong Learning: Study Skills Series Note taking skills - from lectures and readings Introduction When you are at university‚ the sheer amount of information that is delivered to you can be daunting and confusing. You may even think that you have to copy down everything you hear or read. When you are at a face-to -face lecture it is sometimes difficult to tell what is important and what is not. Distance learning students might feel the need to copy out fact after fact from
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story will be filled with fantastic and fictional events and characters‚ but sometimes in this oh so real world of ours things happen just as they would in the fantasy realm of comic books and the line between fiction and reality is blurred. Death Note is a Japanese comic book that in recent months‚ has received huge attention due to a bizarre twist of events involving the comic’s author and chief illustrator. The series revolves around a young man named Light who acquires a notebook with supernatural
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“A Troubled Note” It was another warm day in Fort Leavenworth‚ Kansas where others and I are in class learning Math‚ Science or English. My day was different from the three or four hundred students at Patton Junior High‚ very different. In English class‚ I sat two tables from Ms. Pam. It was group project day and I was paired with Quintin Barnes and Megan Vanderham. “Ugh‚ Ms. Pam I do not like him‚” yells Megan from across the room. She gives both Quintin and Ms. Pam the “eye.” “Oh well‚ you
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New York: Pearson‚ 2013‚ 10th Edition by Frederic S. Mishkin. (You cannot hope to do well in the course without this text.) Read each chapter multiple times. Each time you read the material‚ you come away with a more solid foundation. Your class notes cannot substitute for the studying the text. [REQUIRED] There are several options for buying a book: a. Custom text: the publisher has provided a custom version that contains only the chapters we will cover this semester and that can be purchased
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outlet bolts. The water outlet pipe then lifts off the top of the pump. Remove the crank pulley‚ timing covers‚ ancillary belt tensioner‚ cam belt tensioner & tensioner wheel & Cam belt. Remove the 6 bolts holding the water pump onto the block - note where they came from as 4 are different. Remove the water pump. You should now have the horrible oil filled hydrofan unit out the car! (impeller is missing from this one) Unplug & peel back wiring from water temp sensors‚ alternator regulator
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Alexander Schwartz Dr. Kerr 10 April 2013 A Comparison of Light Yagami and L from the Series Death Note Death Note is an anime/manga (Japanese cartoon/comic book) series about a college student‚ Light Yagami‚ and his quest to rid the world of evil. The adventure begins when he finds what is called the Death Note. The Death Note is a book that can kill a person if that person’s name is written into it. With Light’s twisted sense of justice‚ he attempts to transcribe the name of every criminal
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