business are called ___. 7 When someone other than the owner has supplied some of the resources the amount owing for these are . 8 ASSETS = CAPITAL + LIABILITIES This is the Equation. ACCOUNTING ASSETS BOOK-KEEPING CAPITAL CREDIT CREDITOR DEBT DEBTOR LIABILITIES TRANSACTION Exercises 1.1 You are to complete the gaps in the following table: Assets Liabilities Capital £ £ £ (a) 12‚500 1‚800 ? (b) 28‚000 4‚900 ? (c) 16‚800
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------------------------------------------------- Principles of Accounts S.B.A. Student Name: School: Centre Number: Candidate Number: Year: Teacher: Form: 5A Table of Contents Accounting Cycle 1 Table of Contents 2 Aims 3 Acknowledgements 4 Introduction 5 1} Transactions 6 2} Source Documents 9 Journals: 3} Purchases & Sales Journal 13 4} Return Inwards & Return Outwards Journal 15 5} The Journal 17 6} Cash Book 19 Ledgers:
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CERTIFICATE This is to certify that the Financial Report based on the Annual Reports of COLGATE PALMOLIVE (INDIA) LTD. is submitted by Ms. Ankita. M. Dalwani to N.R. Institute of Business Administration‚ affiliated to Gujarat University‚ in the partial fulfillment of the requirements for the completion of “Practical Studies” in the area of Financial Management at the Second Year of the B.B.A. Program for the year 2009-2010. ___________________ _________________ ____________________
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Term paper (SML401) On Financial Statement Analysis Of India Tobacco Company (I.T.C) Supervisor Prof.: Dr. Shveta Singh Department Of Management Studies Indian Institute of Technology‚ Delhi Submitted By: Anil Kumar (2010me10649) Mandeep Singh (2010ME10690) Vijender Godara (2010me10739) What Is ITC Ltd.? ITC was incorporated on August 24‚ 1910 under the name Imperial Tobacco Company of India Limited. As the Company’s ownership progressively Indianised‚ the name of the Company
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Classification of Taxes Classification of taxes 1. As to subject matter or object A. personal‚ poll or capitation- tax of a fixed amount on individuals residing within a specified territory‚ without regard to their property‚ occupation or business. Ex. Community tax (basic) B. property- imposed on property‚ real or personal‚ in proportion to its value‚ or in accordance with some reasonable method or apportionment. Ex. Real estate Tax C. Excise- imposed upon the performance of an act‚ the
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affairs will be appointed. If a person is a debtor he is expected to repay his debt and failure to do so comes with harsh penalties. If a person is found guilty of not repaying a debt‚ the punishment varies in severity and escalates as time goes by without satisfying the creditor. At first a person is given a grace period‚ thirty days to repay his debt at the end of thirty days if the debt is not satisfied the debtor is handed over to the creditor where the debtor may be put in stocks or fetters for up
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1. What are the primary characteristics of a Chapter 7 bankruptcy? The primary characteristics of a Chapter 7 bankruptcy are permanent discharge of unsecured debts‚ which means that as long as there are no properties attached to the debts‚ all debts will be wiped out. Automatic stay orders a protection from the court that will stop all creditors from contacting you. They are prohibited from all harassing threats‚ lawsuits‚ phone calls‚ judgments‚ repossessions‚ and garnishments. Keep exempt
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Financial Review objective: This analysis will financially compare Santos Limited’s financial performance for the year ending 31st December 2013 with the previous year’s results‚ by way of ratio analysis. It will also benchmark the latest result with that of Woodside Petroleum for the same period using the same ratio analysis of the 2013 financial statements of each company. A copy of these ratio analysis are attached to this report as appendix 1‚ which contains a through time comparison for the
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OBLICON: EXTINGUISHMENT OF OBLIGATIONs Payment or Performance 1. Montecillo vs. Reynes FACTS: Respondents Ignacia Reynes and Spouses Abucay filed on June 20‚ 1984 a complaint for Declaration of Nullity and Quieting of Title against petitioner Rido Montecillo. Reynes asserted that she is the owner of a lot situated in Mabolo‚ Cebu City containing an area of 448 square meters. In 1981‚ Reynes sold 185 square meters of the Mabolo Lot to the Abucay Spouses who built a residential house on the lot they
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A SUMMER TRAINING PROJECT REPORT ON WORKING CAPITAL MANAGEMENT AT JUMPS AUTO INDUSTIES LTD. Submitted in the partial fulfillment for the degree of MASTER OF FINANCIAL MANAGEMENT {2011-2013} FACULTY OF COMMERCE B.H.U. Under Supervision Of Submitted By: Mr. P. C. PANT NIKHIL KUMAR GUPTA Accounts& Finance manager MFM (final) Jumps auto industries
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