Chapter 1 & 2 Summary Accounting is a process of identifying‚ measuring‚ and communicating economic information to permit informed judgments and decisions by users of the information. It is a service activity and the language of business. Its main function is to provide qualitative information that is intended to be useful in making economic decisions. The Accounting process is a series of repetitive activities of recording‚ summarizing and reporting economic transactions from the beginning
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DEED OF PARTNERSHIP THIS DEED of Partnership is made at Ahmedabd on 9th day of January 2012 by Ram Kishan Patel and between: Shri Hemant Patel aged about 22 years‚ son of Shri Shyam Patel resident of 2‚ Lal Bagh Ahmedabad (Hereinafter to be called the First Party); Shri Omkar Shah aged about 25 years‚ son of Shri Gopal Shah resident of 5‚ agrawal Nangar‚ Ahmedabad (Hereinafter to be called the Second Party); Shri Kunj Patel aged about 22 years‚ son of Shri Mukesh Patel resident of 3‚
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EAST AFRICAN COMMUNITY PROTOCOL ON THE ESTABLISHMENT OF THE EAST AFRICAN COMMUNITY COMMON MARKET PROTOCOL ON THE ESTABLISHMENT OF THE EAST AFRICAN COMMUNITY COMMON MARKET ARRANGEMENT OF ARTICLES PREAMBLE ARTICLE PART A: ARTICLE 1: TITLE INTERPRETATION Interpretation PART B: ESTABLISHMENT AFRICAN MARKET ARTICLE 2: Establishment of the East African Community Common Market ARTICLE 3: ARTICLE 4: ARTICLE 5: OF THE EAST COMMUNITY
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strap-on dildo) into a vagina or anus. Missionary‚ the most commonly used sex position. Sex positions 2 Penetrating partner on top with front entry The basic sex position is generally called the missionary position. In this position‚ the participants face each other. The receiving partner lies on his/her back with legs apart‚ while the penetrating partner lies on top. This position and the following variations are primarily used for vaginal intercourse‚ although some can also be used
Free Sexual intercourse Human sexuality Oral sex
INDEX |S.NO |CONTENT |PAGE NO. | |1 |Introduction |2-4 | |2 |Overview of Limited Liability Partnership|4-10 | | |Act‚ 2008 |
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(Partner relationship and third party relationship) Partner authority Every partner is considered as an agent of firm. Therefore‚ the law of agency lies. (The act of partner binds the firm) However‚ any act of the partner will bind the firm or other partners if its within the partners authority. Authority 1. Actual what is actually stated in the agreement Implied @usual what is normally the authority of a particular partner @ agent.
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Art. 1767 - By the contract of partnership two or more persons bind themselves to contribute money‚ property‚ or industry to a common fund‚ with the intention of dividing the profits among themselves. - Two or more persons may also form a partnership for the exercise of a profession. Partnership: A partnership is a joint undertaking profit and loss A partnership is the status arising out of a contract entered into by two or more persons whereby they agree to share as common owners
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on a mutually arrived agreement. The revised Bill received the assent of the President of India on 7‚ January 2009. LLP is a body corporate formed and incorporated under the LLP Act‚ which is a distinct legal entity separate from that of its partners. Introducing LLPs‚ as a new business structure would fill the gap between business firms such as sole proprietorship and partnership‚ which are generally unregulated and Limited Liability Companies‚ which are governed by the Companies Act‚ 1956.
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consisting of two or more persons‚ with at least one general partner and one limited partner Limited Liability Partnership (LLP) A partnership where the individual partner’s own liability is generally limited Company A business form which is a legal entity separate and distinct from its shareholders and directors Owned by One person Generally between 2 and 20 partners. A partnership of more than 20 partners must incorporate as a company under the Companies Act‚ Chapter
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Q1 - Internal Controls (lecture 3): 15 Marks. ------------------------------------------------- He said he will ask either a petty cash question or a bank reconciliation one but not both. The question will also probably test us on e-controls or cash control for cash receipts and cash payments. What is internal control? It is the organisational plan and all the related measures that an entity adopts to: * safeguard assets * encourage adherence to company policies * promote operational
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