business transaction. The profit and loss account is fundamentally a summary of the trading transactions of a business and shows whether it has made a profit or loss during a particular period of account. Indeed‚ by deducting the total expenditure from total income the profit or loss of a business can be calculated. Along with the balance sheet‚ it is one of the key financial statements that make up a company ’s statutory accounts. Basically‚ this type of account shows the following information for
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The first part of this Reflective Account describes what influences and events in my life have helped to develop my Personal Values. My grandparents taught me most of my basic ‘Personal Values’. I learned from an early age how to be polite‚ have good manners and respect my elders as failure to do so would result in getting sent to bed early. In those days I did not have a television in my room so in my eyes this was the ultimate punishment! They were not deeply religious people; my grandmother
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increasing for that 3 years period and a business has a relatively poor rate of return on asset.The current and quick ratio was decreased in 2012 to 5‚02 times and 2‚66 time but the business still be able to pay its debt‚ there is a problem with account receivable because the business still difficult to collect the money from debtor which caused the percentage still increasing and it hard for business to freeing inventory The business is considered good‚ because low amount of debt‚ the increasing
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Module Code: ED4009 Student Number: 1436603 Module Name: perspectives of childhood development Day of Class/Tutor Name Tuesday‚ Richard and Karen Date Due: 7/11/14 Date Submitted: 6/11/14 Assessment Word Count: 1500 Actual Word Count: 1692 Please reflect on your experience in carrying out this assignment/completing this module and let us know in the statements below: 1. In the process of doing this I learned to listen and appreciate other people’s situations and lifestyles. I also learnt
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Constructing an Account of an Argument In the article "Against School" (2003)‚ John Taylor Gatto debates that mandatory school is not educating our children but instead the schools are teaching them how to be manageable. He supports his claim by giving us personal accounts of what he has seen‚ examples of people who have been successful in life whom were not subject to the school system‚ and he also gives us text from other authors who support his views. Gatto’s purpose is to inform his readers
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CHAPTER.4 STUDIES MYTHOLOGY OF AIS FIELD STUDY OF BAHRAIN BANKING SECTOR Study sample: Dear sir/madam I appreciate your cooperation and support of my research by answering questionnaire. I will use the information for the research purposes only‚ and all information will be confidential. This research evaluates the reliability of Accounting Information Systems in Bahrain banking sector by using system trust (Sys Trust). Trust Services (including WebTrust® and SysTrust®) are defined
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AIMS OF THE PROJECT The aims of this S.B.A project are: 1) It gives Full Corporation and decision making among students so they can be involved in the actual operation of a small business. 2) It gives students great experience in recording‚ analyzing‚ interpreting and communication accounting information. Page 2 LIST OF TRANSACTIONS 1ST TRANSACTION: 2013 September 1 – The business commenced with following assets and liabilities: Cash - $10000 Bank - $30000 Motor Van - $6000
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Reflective Account At the start of December the teacher asked me to design a display which embodied the spirit of the Nativity Story. The display was to be situated on the board above the pegs where the children hang their coats. It was to be put here so that it can be instantly noticed by parents/carers‚ the children and all visitors to the classroom. I drew up a display in rough to show to the teacher to give her an idea of how the display would look. She approved and I began to start it
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its trade credit. The efficient and effective credit management does help to expand sales and can prove to be an effective tool of marketing. It helps to retain old customers and win new customers. Well administrated credit means profitable credit accounts. The objectives of receivable management is to promote sales and profits until that point is reached where the 158 return on investment is further funding of receivables is less than the cost of funds raised to finance that additional credit.
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duties that an accounting clerk is responsible for performing depend largely upon the specific role that the clerk is assigned within a business organization. Some accounting clerks are expected to take on specific duties in payroll‚ auditing and accounts receivable/payable departments‚ while others are responsible for general bookkeeping tasks. Those duties include: Operate computers programmed with accounting
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