Example of bad debts recovered: The balance for Debtor A; RM 1‚500 as at 1/1/2011. On 15/3/2011‚ Debtor A could not be traced and was written off as bad debts. On 20/10/2011‚ Debtor A repaid his debt by cheque for RM 1‚500. Accounting period ends on 31/12/2011. |Date | | |JOURNAL |Debit (RM) |Credit (RM) | |15/3/2011 |DR | |Bad debts expense
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from various taxes and fees and the expenses are what the U.S. government pays out for national defense‚ highways‚ social welfare programs‚ and various other programs. In an election year‚ the average citizen is apt to hear a great deal of talk about income‚ taxes‚ spending‚ and more importantly budget deficits and the national debt. Given all of the talk‚ one may come to think that budget deficits and the national debt are one in the same. While the two do go hand-in-hand‚ it is important to understand
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The Darkness Out There The Darkness Out There is about two teenagers doing a good deed for a pensioner – and discovering a dark secret that changes their view of life forever. Plot: Part 1 The story begins with Sandra walking through a field towards Mrs Rutter’s cottage. Pat organises a group called The Good Neighbours Club which arranges for local teenagers to help people in need. Sandra is visiting Mrs Rutter. Sandra keeps out in the sunshine and away from the dark woods called Packer’s End
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PEACE OUT “Peace”‚ or “Peace Man”‚ accompanied by V-fingers out or “Peace Out” with two closed fist pumps to your chest were slang used in the 1970ʻs that meant‚ chill or relax or good-bye‚ respectively. Although our nation has experienced wars that date back from the 18th century with the American Revolution‚ 19th century with the Civil War‚ 20th century with World War 1 and 2‚ to today with the War on Terror‚ it is only natural that the nation has taken comfort in a term like “Peace”‚ defined
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put into debt‚ they are being required to take out loans‚ and most of the money that students pay towards their college tuition does not benefit them directly. The cost of higher education is a main reason that young people are in debt because by the time they graduate‚ they owe thousands of dollars
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striving for passing grades‚ there many reasons why students fall short of acquiring the almighty degree. These students may temporarily or permanently negatively affect their earning potential and quality of life by dropping out of college. One of the most common reasons for dropping out of college is not being able to make ends meet. College is extremely expensive‚ with tuition ranging between $3‚500 and $34‚000 a semester. Students have the option to apply for federal aid to help finance college‚ however
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The debt ratio is defined as the ratio of total long-term and short-term debt to total assets‚ stated as a decimal or percentage. It can be understood as the part of a company’s assets that are financed by debt. The debt ratio started out low but has since 2015 increase to 0.90. A high debt ratio implies a low proportionate equity base. Debt to Equity Ratio The debt to equity ratio is a financial‚ liquidity ratio that compares a company’s total debt to total equity. The debt to equity ratio shows
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Summary of “Farming it out” by Maria Amuchastegui Maria Amuchastegui’s article “Farming it out‚” explains and argues how Canada‚ along with the Seasonal Agricultural Workers Program (SAW)‚ allows guest-workers from Mexico to work and receive the benefits Canadian citizens appreciate until health issues arise. Ms. Amuchastegui reviews the pros and cons for the migrant workers in Canada. Through the Seasonal Agricultural Workers Program (SAW)‚ they are offered job opportunities and some medical
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Pig-out BBQ‚ Inc. Our Pork is Smokin’! [pic] Corporate Offices 24 Hickory Smoke Drive East Bumble‚ Alabama 30699 TO: THE LAW FIRM FM: Ronald T. Dumpp‚ Chief Executive SUBJ: Legal Advice Dear Lawyer‚ After a few recent events surrounding our purchase and use of "Evershine Flooring" by FloorCo‚ Inc.‚ I felt it best that I write to you and ask for your formal legal opinion about this matter. I’ll try and give you all the facts as best I can in this letter because
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Out of the Crisis – W. Edwards Deming The “Red Bead Experiment” was an interactive teaching tool that W. Edwards Deming made use of in his four-day seminars. In the experiment‚ a corporation is formed from workers‚ quality control personnel‚ a data recorder‚ and a foreman. The corporation’s product is white beads‚ which are produced by dipping a paddle into a supply of beads. The paddle has 50 holes in it‚ and each hole will hold one bead. Unfortunately‚ there are not only white beads in the bead
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