As at 31 December 2008 Taka Assets: Non current assets : Property‚ plant and equipment‚ net Intangible assets Investment in shares of X-Net Ltd. Long-term receivables and deposits Current assets: Inventories Deferred cost of connection revenue Accounts receivable‚ net Advances‚ deposits and prepayments Cash and cash equivalents Total assets Equity and Liabilities: Shareholders’ equity: Share capital Share premium Capital reserve Deposit from shareholders General reserve Retained earnings 79
Premium Generally Accepted Accounting Principles Balance sheet Income statement
current liabilities net assets – current liabilities 2 When preparing a sole trader’s annual accounts‚ no adjustments were made for closing amounts prepaid. What is the effect of these omissions? A B C D net profit overstated net profit understated current assets overstated creditors understated creditors understated owner’s capital overstated current assets understated owner’s capital understated 3 Which item is revenue expenditure? A B C D cost of painting new office premises during construction
Premium Generally Accepted Accounting Principles Balance sheet
DEMAT Account DEMAT Account Meaning: In India’s banking terminology‚ the term DEMAT Account refers to a deposit made at an Indian financial institution that can be used for investing in shares of stocks and other financial assets. Securities are held electronically in a DEMAT Account‚ thereby eliminating the need for physical paper certificates. Definition Demat account is a safe and convenient means of holding securities just like a bank account is for funds. Today‚ practically 99.9% settlement
Premium Stock Stock market Stock exchange
CYP 3.1 Understand child and young people’s development Task 1 – CYP 3.1 1.2 Write down your understanding of the following in the table. Term Meaning 1. Aspects of child development There are 5 key aspects of child development:- Physical – gross and fine motor skills. Intellectual – learning the skills of understanding‚ memory and concentration. Language - learning to communicate with friends‚ family and all others. Emotional - the development of a child’s
Premium Developmental psychology Psychology Childhood
High quality early education sits alongside health as an important determinant of childrenâ€TMs life chances. All 3 and 4 year olds are entitled to 15 hours of free early education per week over 38 weeks in the year. The idea behind this initiative is that disadvantaged children will have the same or similar opportunities to learn as those considered advantaged. The Early Years Foundation Stage (EYFS) is mainly based on the idea of learning through play‚ although there are certain literacy and numeracy
Premium School types Education in England Primary education
1.1 Explain the importance of multi-agency working and integrated working: Before multi-agency working came into place‚ parents of children with additional needs or families needing some extra help and support were essentially on their own and had to see lots of different professionals in order to get to a point where help was being given. Children were also quite likely to fall through the net and in the UK we have seen many cases of child abuse and neglect‚ which have ended in the worse possible
Premium Child Childhood Sociology
this topic. INTRODUCTION This internal assessment focuses on the impact of technology on accounting. Accounting is the systematic process of collecting‚ recording‚ classifying‚ analysing and communicating financial information. Traditionally‚ accounts were prepared manually using ledgers‚ cashbooks etc. However in recent years‚ technology has played an increasingly important role in accounting and has changed the accounting systems. This has brought with it solutions to previous problems associated
Premium Accounting software Computer Financial statements
Chairs N More Table of Contents Acknowledgements………………………………………………………………………………………………………………………..3 Aim of Study…………………………………………………………………………………………………………………………………...4 Introduction…………………………………………………………………………………………………………………………………….5 Chapter 1…………………………………………………………………………………………………………………………………………6 Transactions-Sept……………………………………………………………………………………………………………………………7 Cash Book………………………………………………………………………………………………………………………………………..8
Premium 1970 1986 1969
Question 1 a) Identify three accounts on the balance sheet of Sun Hung Kai that represent tangible assets? Fixed assets‚ Investment properties‚ Properties for sale. b) What are the differences among these accounts? Fixed assets: Known as a non-current asset or as property‚ plant‚ and equipment‚ is a term used in accounting for assets and property which cannot easily be converted into cash. This can be compared with current assets such as cash or bank accounts‚ which are described as liquid
Premium Depreciation Generally Accepted Accounting Principles Asset
Get a Checking Account You can’t get a loan without first having a checking. You need a checking account because lenders verify your income via your checking account. Don’t worry‚ though--there is a way to get a loan even if you have bad credit‚ but you have to start by getting a checking account. Did you abuse and then lose your previous checking account? Writing bad checks or repeatedly overdrawing your bank account can get you blacklisted on a system called "ChexSystems‚ which is the database
Premium Debt Credit Credit rating