Revenue and Capital Expenditure Revenue and Capital expenditure are slightly different. Revenue expenditure is money that is spent on items that are only going to be used once‚ such as printer paper‚ stock‚ repairs‚ petrol etc. These items would go under expenses in the profit and loss account and would be included as part of revenue in balance sheet. Capital Expenditure is money spent by a business on items that are going to be used more than one time‚ for example machinery‚ buildings and
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Exercise 4-2 Books of Alvin‚ Managing Partner Feb. 12 Joint Venture 10‚000 Cash 10‚000 14 Joint Venture 2‚000 Larry 2‚000 15 Cash 9‚000 Larry 7‚500 Joint Venture 16‚500 20 Cash 3‚000 Joint Venture 3‚000 20 Joint Venture 7‚500 Income from Joint Venture 4‚287.50 Larry 3‚212.50 10% commission on net purchases
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Marginal revenue‚ marginal cost‚ total cost and profit-maximizing are some of the concepts that are analyzed when making business production decisions. Marginal revenue is the total revenue that is changed when one more unit of output is produced. The total revenue is determined by multiplying the unit price by what quantity the company can sell. The total revenue increases when the first unit is purchased and equals the marginal revenue. When the second unit is produced‚ the total revenue will
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The history of Land Administration dates back to the olden days of kings and Kingdoms. The Land Revenue was the major source of revenue for the kings. The present system of preparing and maintaining land records originated from the Moghul period and it reached its scientific form during the British rule. During the British times the Revenue Department was the pivot of Administration. The Board of Revenue that wielded extraordinary powers administered it. The Collector was the virtual monarch at the
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Home ALLOCATION OF REVENUE (FEDERATION ACCOUNT‚ ETC.) ACT ARRANGEMENT OF SECTIONS SECTION 1. Distribution of the Federation Accounts‚ etc. 1 Formula for distribution between the Federal and State Governments. 1 Formula for distribution between Local Government Councils. 1 Proportion of revenue to be paid by each State to Joint Local Government Account. 1 Allocations under special Funds. 1 Establishment of Federation Account Allocation Committee and functions. 1 Establishment of Joint
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Expenditures and Revenues Matrix August 5‚ 2013 AJS 522 Importance of Informed financial decisions There are three different levels of the government who assesses the budgets on a federal‚ local‚ and state budget. The government’s finance team goes over the budget and decides how to distribute the funds. It is very important when distributing money from the tax payers funds. The tax payers money has to be used correctly or when reelection comes around the tax payers may not reelect
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Facebook Most of Facebook’s revenue comes from advertising. These advertisements are displayed in the sidebar of most pages of the site and they’re typically targeted to certain users. Some of the ads displayed are sponsored by major brand advertisers and some come from Facebook’s capabilities to target its users. Facebook is able to customize the ads based on the user’s metropolitan area‚ age‚ gender‚ school network‚ job‚ and even relationship status. Facebook also makes money through Facebook
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wonder how is that they come. Well the answer is that many immigrants pay coyotes to come to the U.S. They come in train‚ by boat‚ cars‚ semi-trucks‚ cross the desert‚ swim the rivers‚ and rent a green card/U.S. passport. “For undocumented immigrants entering the U.S. in South Texas‚ the multiday trek is the most perilous leg of a journey that starts with a payment (often $5‚000 to $10‚000‚ according to authorities) to coyotes in their home countries‚ who stash their clients at squalid border safe
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ACCT 30101 Carlos Briones Revenue Recognition Case Amanda Eng Alipasha Ziaee 1. Revenue Recognition for MultipleElement Arrangements The Case of Velocity Cellular a) According the ASC 60525255 there are two criteria that must be met in order to be considered a separate deliverable and a separate unit of accounting:
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181= 0.3311 = -33.1% no growth d. 2008-2007/2007= 8‚334-6‚141/6‚141= 2‚193/6‚141= 0.3571 = 35.71% growth Based only on your answers to question #1‚ do you think the company achieved its sales goal of +10% annual revenue growth in 2009? Determine the target revenue figure‚ and explain why you do or do not feel that the company hit its target. Yes‚ in 2009 the company tripled their goal of 10% annual growth. Pass years they where under 10% annual growth. In 2009 the company achieved
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