PRACTICAL ACCOUNTING 1 1. On January 1‚ 2012‚ Revenue Company sold specialized computers costing P760‚000 to Income‚ Inc. for P990‚000. Revenue Company’s trainers present numerous training sessions for Income’s employee during the installation period. Income made a 50% down payment‚ with the balance due upon completion of installation. How much revenue should Revenue Company recognize on its books on January 1‚ 2012? a. P990‚000 b. P760‚000 c. P495‚000 d. P-0- 2. SAMpple Company is an
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25‚000 I think that I deserve $25‚000 because all my life I have worked for most of my belongings. I was brought up where if I bought my own things I would respect what I have much more. I would contribute a lot of the money to a charity such as St. Jude because my sister has seizures and by seeing how money for treatments and all can be troubling some time‚ money is a great need in the time of need! My sister has gone through more than most people have at her age. With seeing her struggle and see
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Many researches have been conducted continuously during the last decades to investigate the work-life balance changes within various countries. The most significant issue raised from the imbalance is long working hours. The more people work‚ the less time they have to spend on other activities‚ such as personal care or leisure. The amount and quality of leisure time is important for people’s overall well-being‚ and can bring additional physical and mental health benefits.There is no doubt that long-hour
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THE BALANCE SCORECARD: TESCO STORES INTRODUCTION The Balanced Scorecard (BSC) is a performance measurement tool that originated in the business worlds. Performance measurement is a way to track performance over time to assess if goals are being met. Organizations measure their performance to monitor how they’re doing in achieving their overall mission and goals. The BSC was originally developed as a performance measurement system in 1992 by Dr. Robert Kaplan and Dr. David Norton at the Harvard
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FINANCIAL STATEMENT ANALYSIS ACC-504 Instructor: Dr. Kumail Rizvi 1 21/5/2013 Kumail Rizvi‚ PhD‚ CFA‚ FRM INCOME STATEMENT Grouping of the expenses 21/5/2013 Grouping by Nature Grouping by Function Kumail Rizvi‚ PhD‚ CFA‚ FRM Formatting Multi-step format (GP Subtotal) Single-Step format (No GP subtotal) 2 REVENUE 21/5/2013 Profit = Income – Expenses “Income is increases in economic benefits during the accounting period in the form of inflows
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Why Do People Enjoy Getting Scared? Everyone knows what it is like to feel fear inside them. We feel a pounding heartbeat‚ faster breathing‚ and butterflies in our stomach. In reality there are two types of fear. One is real fear‚ the fear we are not so comfortable with‚ like being diagnosed with a deadly disease‚ losing a loved one‚ or getting in a deadly accident. The other fear is a fear that a certain number of us get an enjoyment out of it‚ like watching a horror movie‚ riding a roller
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000 Sept 8 1‚690 Sept. 5 942 Sept. 30 6‚007 Sept 20 980 Sept. 10 430 23‚007 Sept. 18 3‚600 Sept. 19 3‚000 Accounts Payable Sept. 30 1‚800 Sept 18 3‚600 Sept. 2 17‚280 Sept. 30 85 Sept. 30 13‚680 Sept. 30 Bal 12‚133 Service Revenue Accounts Receivable Sept 30 9‚620 Sept. 8 1‚690 Sept. 14 5‚820 Sept
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Employment Relations Essay Work-life balance 1. April 2009 Table of contents Table of contents p. 1 Introduction p. 2 Definitions p. 2 Work-life Balance p. 3-4 Conclusion p. 5 References p. 6 Topic: Work-life balance has become an important social issue. Critically analyze the contributions of business‚ unions and government towards promoting work-life balance. Introduction: To balance work and leisure is an important issue
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Balance of Payments: Meaning and Components The Balance of payments of a country is a systematic record of all economic transactions taking place between the country and other countries over a given period of time. It includes both exports and import of goods as well as services. Many confuse Balance of Payments (BoP) with Balance of Trade (BoT).However‚ BoT only takes into account the transactions arising from imports and export of goods. Transactions recorded in BoP account can be classified
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A Critique on 20‚000 Leagues The journey of a ship’s crew taken hostage by an eccentric submarine captain‚ in a time when the cast-iron monster baffled the educated mind. "20‚000 Leagues Under the Sea" is a classic that combines the inventive mind of the author‚ Jules Verne‚ and modern technology to create a psuedo realistic world that paved the way for the steam punk genre. It entrances the human’s unquenching desire for discovery at every turn. Although having a superb storyline‚ I find that at
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