Why are accounts important To begin by why accounts are important‚ a person should first know what accounts actually mean. Accounts are financial records of an organization that register all financial transactions‚ and must be kept at its principal office or place of business. The purpose of these records is to enable anyone to appraise the organization’s current financial position with reasonable accuracy. Firms present their annual accounts in two main parts: the balance sheet‚ and the income
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goods on credit from Mr. Badrul RM 5‚000 and Mr. Jalil RM 3‚000 14 Sold goods to Namikah amounting RM 7‚000 by cheque 15 Sold goods to Mizah of RM 10‚000 on credit and Mizah only paid RM 5‚000 by cash in hand 15 Business paid RM 600 of advertising expenses using cash 15 Insurance expenses amounted to RM 1‚600 paid by the business using cheque and paid staff salaries amounted to RM 3‚000 by cash 16 Purchase of stock is made by cheque RM 5‚000 before receiving trade
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Zero Conditional: (General truths – things which always happen). (When/If). If I have time (present)‚ I will go to the cinema (future). If you heat water (present)‚ its boils (present). If you heat ice‚ it melts. Wood doesn’t burn If there is no air. Inversion: This country has NOT witnessed such a serious financial crisis BEFORE. (Never before). NEVER BEFORE HASN’T THIS COUNTRY WITNESSED SUCH A SERIOUS… IT’S RARE THAT a politician admits publicly that he had make a mistake. (Seldom).
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principles and values and explaining how they relate to the mission and strategies of the organization. Ultimately‚ high-performing cultures have what some have described as a culture of discipline-where everyone is responsible to the values of the company‚ to its expectations‚ and to the purpose its serves. 3. Describe the different generations that make up what some people are now referring to as “generational diversity” and identify their unique characteristics. What are the implications of generational
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behind choosing Coke Zero Coca cola We recognise that Coca Cola is the market leader of the soft drink industry‚ currently holding a 26.7% share of the market [Snapdata International Ltd (2006) UK Soft Drinks 2006] The company has a reputable brand image‚ which has been upheld continuously through various marketing strategies‚ mainly a straight extension approach of continuous reinforcement of the same message to create global brand awareness [Hollesen‚ S. (2001)] Coke Zero 2006 saw the launch
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Why should a new partner contribute towards Goodwill on his admission? List any two contents of a partner ship deed? Can a company issue a share having face value of Rs 10 at Rs 8 Give two examples of ‘Capital receipts’. Give two circumstances in which sacrificing ratio may be applied (1) (1) (1). (1) (1) Show how you would deal with the following items in the final accounts of a club: (3) Debit credit Prize fund Prize fund Investments 1‚20‚000 Income from Prize fund Investments Prizes awarded
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following is the summarised Balance Sheet of Bracket & Racket Ltd‚ a limited company wholly owned by its two shareholders‚ Bracket and Racket. Balance Sheet as at 31 March 2002 $000 Fixed Assets at Net Book Value Buildings Fixtures and fittings $000 $000 250 100 350 Current Assets Stock Debtors Cash Current Liabilities Creditors for supplies Accruals Bank 1540 820 3 2363 1210 192 203 1605 758 1108 25 910 Share capital – Ordinary shares Retained profits Loan accounts – Bracket Racket 104 69
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INSTITUTIONALISING THE STRATEGIC ROLE OF CORPORATE COMMUNICATION/PUBLIC RELATIONS THROUGH ITS CONTRIBUTION TO ENTERPRISE STRATEGY AND ENTERPRISE GOVERNANCE Paper submitted to the 10th Annual EUPRERA Conference‚ to be held in Milan from 16-18 October 2008 by Benita Steyn Cape Peninsula University of Technology SOUTH AFRICA b.steyn@lantic.net and Lynne Niemann Cape Peninsula University of Technology SOUTH AFRICA lynne@boomtown.co.za Key words: Enterprise strategy‚ corporate governance
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Unit 14 (14.3) Explain how to promote children’s health and well being in early year’s work setting 3.1 Children learn and develop best when they are healthy‚ safe and secure‚ when their individual needs are met and when they have positive relationships with the adults caring for them. We promote health and well being in our setting by providing children with activities indoor and outdoor. We provide a bright and light environment full of different activities set out in two different areas of the
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Similarities: Acquired by a business to gain profit or chances of investment Both current and non-current assets are recorded on the balance sheet Differences Current assets are intended for consumption of sale realised during a year Current assets is used for trading or transactions Current assest have direct results of the profit gained in the business such as bank balance Non-current assets are used for a longer duration (12 months) Non-current assets used for productive investment purposes
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