Principles of Accounts A Handbook is prepared mainly for the purpose of helping the grade 8 students who are new to this subject. In this book we have included all the topics to be covered in grade 8. Each topic is serially numbered. At the end of each topic‚ a large number of descriptive‚ multiple choice and gapped questions‚ which are related to that topic‚ are given. Gapped questions are included mainly for improving the students’ knowledge of theory. The multiple choice and descriptive
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Constitutional Law - The term constitution comes from the Latin word constitutio‚ used for regulations and orders. Constitutional law is also referred to as “supreme law or “highest law of the land”. This is because it is the foundation of a state wherein it comprises primary law and fundamental principles which defines the relationship of the three important branches within a state‚ namely‚ the executive‚ the legislature and the judiciary. This law also illustrates the scope and limitations of the
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STUDENT NAME: MARIANNA SOFIANIDOU STUDENT ID NUMBER COURSE: DIPLOMA OF MANAGMENT 201301004 UNIT OF COMPETENCY: WEEK 4 Assessment no:# 4 TITLE OF ASSESSMENT: BSBFIM501A Manage budgets and financial plans DATE DUE: 11/2/15 DATE SUBMITTED 4/5/2015 Review and evaluate financial management processes Submission details This assessment task must be submitted online by the due date specified by your Trainer/Assessor and Assessment Plan for this unit of competency. Any variations to this arrangement
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Manual sales invoices were no pre-numbered Implication Current recommendation Future Recommendation It is time consuming if they want to refer to the specific customers’ details‚ credit term‚ amount due to DESB Request for the debtors that still have outstanding amount to the company to make payment within the specific time‚ 2 months‚ by giving 10% discount for those who made the payment during the first month. Give manual numbering to the Sales invoices Assign
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business. Liabilities: All the amounts payable by a business concern to outsiders are called liabilities. Capital: Capital is the amount invested for starting a business by a person. Debtors: Debtor is the person who owes amounts to the businessman. Creditor: Creditor is the person to whom amounts are owed by the businessman. Debit: The receiving aspect of a transaction is called debit or Dr. Credit: The giving aspect of a
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reforming the IMF quota system: the shift of financial power and the role of BRICS TABLE OF CONTENTS 1. Abstract…………………………………………….................……..3 2. The International Monetary Fund…………………………………...3 3. The quotas system…..……………………………………………....3 4. Reforming the quota system: the role of BRICS……………………4 5. Conclusions……………………………………………...………….6 6. Bibliography…………………………………………...……………7 7. Webography…………………………………………………………7
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4.0 LITERATURE STUDY 4.1 Introduction of Ratio MEANING OF RATIO: A ratio is one figure express in terms of another figure. It is a mathematical yardstick that measures the relationship of two figures‚ which are related to each other and mutually interdependent. Ratio is express by dividing one figure by the other related figure. Thus a ratio is an expression relating one number to another. It is simply the quotient of two numbers. It can be expressed as a fraction or as a decimal or as
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CHAPTER - I INTRODUCTION 1.1. WORKING CAPITAL MANAGEMENT Working capital may be regarded as life blood of a business. Working capital management is a process of planning and controlling the level and mix of the current assets of the firm as well as financing these assets. A study of working capital is of major importance to internal and external analysis because of its close relationship with the day-to-day operation of a business. Even in a well-established business with a long history
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revenues and capital by giving examples. - Assets:- The resources of a business are called assets. They are of two types:- - Fixed Assets: Land‚ Building‚ Equipment‚ Vehicle etc. - Current Assets: Cash‚ cash at bank‚ A/c receivable‚ debtors‚ prepaid expenses. - Expenses:- The amount spent in a business with a view to gain profit in the future is called expense. Examples are rent expenses‚ salaries expenses‚ advertisement expenses etc. - Liabilities:- The financial responsibilities
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Standing Committee of the Tenth National People ’s Congress of the PRC on the twenty-third meeting of 27 August 2006‚ adopted in order to regulate bankruptcy process‚ fairness clearing debts‚ protection the legitimate rights and interests of creditors and debtors‚ safeguard the socialist market economic order‚ so make this law. Implemented on June 1st‚ 2007. To understand the importance of this new law‚ only to see it replaced the old bankruptcy law that the Department on the line. The law at the beginning
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