Q i) Expalin in detail five basic accounts along with their types and examples Five basic Acounts 1. Assets 2. Liabilities 3. Capital/Owner Equity 4. Revenue/Income 5. Expenses Assets Assets are the resources owened by a business and are expected to give benefit for future operation Example: If you buy a land and it will give benefit in the future operation then it is your asset . if the land which you buy And in future you have to sell only then this is not your asset. If you built
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Student Name: Professor Name: Class Name: Date: A Brief Analysis of “The First Account of Creation” The myth “The First Account of Creation” describes the story presented in the Biblical book of Genesis‚ in which God creates the world (sky‚ water‚ land) and everything in the world‚ including plants‚ animals‚ and people. The myth is focused on several key ideas‚ primarily that God is the creator of everything and is responsible for dictating what his creation can do in order to survive (multiply;
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pricing policies. They will use the financial accounts and ratio analysis‚ budgets are also an important source to management to identity possible future problems. Employees are people hired by the company. They are interested in profitability and the company’s future prospects that will effect their job security and future salary negotiations. They will use the cash flow statement that as a guide to future prospects‚ also trading‚ profit and loss account and profitability ratios can be used by them
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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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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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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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2.) Explore Aristotle’s account of happiness. Do you agree with him‚ that moral activity is secondary? In Book X of Nicomachean Ethics by Aristotle‚ he writes about pleasure and happiness. Aristotle makes the point that happiness and pleasure should not be confused with each other. He argues that pleasure is not good‚ but a good. Pleasure is not a process‚ and not all pleasures are desirable‚ so pleasure is not the supreme Good. However‚ happiness is not a process. It is an activity that
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(Reflective account of presentation) Compasses‚ maps and GPS were all used in combination together so that we could direct and navigate ourselves to our destination. Obviously the compasses were used to let us know what direction we were facing and what bearing we were taking‚ the maps were used so we could position and realise ourselves in relation to our destination in terms of distance‚ where we were and how far until we reached our intended location. What mostly determined what we were
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Hearing is an extraordinary phenomenon. It allows us to experience the joy of music‚ the sounds of nature and is fundamental for communication - yet is often taken for granted. Having personally witnessed the deterioration of my grandfather’s hearing‚ I have been able to appreciate how significantly impaired hearing can impact on one’s quality of life. Tasks and interactions that were once so simple became strenuous without the aid of adequate hearing. As I pondered further on the matter‚ I was
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