Standard Board. (2000). Financial accounting standards no. 140. Retrieved from http://www.fasb.org/cs/BlobServer?blobkey=id&blobwhere=1175820919404&blobheader=application%2Fpdf&blobcol=urldata&blobtable=MungoBlobs Lehman Brothers Holding Inc. v. Debtors.‚ 9 N.E. (Bankr. N.Y. 2010)
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(a) DEL CREDERE : A del credere agent is a mercantile agent who in addition to his work of bringing a contract between his principal and third parties also undertakes to be liable to the principal for the default of the third party to perform the contract. In other words‚ he also guarantees to his principal the performance of the contract by the third party. He gets extra commission for this extra risk taken by him. Such commission is called ‘Del credere’ commission. Thus the Del credere agent
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Cement Industry in India: Analysis of Financial Statements | | By:Group 7 | | | | Ankit Bansal | PGP28316 | Niraj Kumar | PGP28311 | Aditya Julka | PGP28331 | Chiranjib Saha | PGP28394 | Upasana Rustagi | PGP28301 | Rosemir Dodre | PGP27178 | | Revenue trends Insights from Industry sales data 1. Modest Growth – Cement being a pro-cyclical industry suffered a slowdown in sales growth from year 2008 onwards due to the global economic recession. The effect was
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LOYOLA COLLEGE (AUTONOMOUS)‚ CHENNAI – 600 034 B.Com. DEGREE EXAMINATION – COMMERCE SIXTH SEMESTER – APRIL 2013 CO 6606 - ADVANCED CORPORATE ACCOUNTING Date: 30/04/2013 Time: 1:00 - 4:00 Dept. No. Max. : 100 Marks SECTION A Answer all the questions (10*2=20marks) 1) What is Purchase Consideration as per AS 14? 2) What is Rebate on bills discounted? How is it dealt in a Bank’s Final statements? 3) List the methods for the calculation of Purchase Consideration 4) Raman Ltd agrees
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EXECUTIVE SUMMARY 1 EXECUTIVE SUMMARY The title of the project is ‘A study on working capital management in Integral coach Factory‚ Chennai ’. Working capital management ensures that a company has sufficient cash flow in order to meet its short term obligations and operating expenses. Any company whatever the business it carries can ensure profitability only through working capital management. Through the management of the working capital at Integral coach Factory‚ Chennai‚ it assures the
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working capital requirement on fund as well as non-fund basis. For non-fund basis the company uses the letter of credit and bank guarantee. The company’s debtor turnover ratio is 15-20 days which is considered good while the company’s creditor turnover ratio is also 15-30 days which is also good but the company should match both the creditor and debtor ratio so that the liquidity problem does not arise while making payment to the creditors. The company depends on bank finance and internal sources for
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(Supervisor) • July 1999 –June 2000 Jaybea Transactions Port Harcourt • Dec 1996-Nov 1997 International Risk Insurers Lagos ABRIV NIG LTD Responsibilities/duties • Summarized all credit purchases‚ credit sales staff debtors and bank loans. • All inventory/goods in transit. • Analysis of petty cash expenses‚ other cash payments (cash purchases). • Bank deposits/identifying non sales deposits. • Drawing up a bank control Account. • Attends to all queries that affect
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INTAKE Due Date: 30 JULY 2015 Senior Lecturer/Head of Discipline – Accounting JAMES LIOW Email: james.liow@berjaya.edu.my Tel: +603-26877000 Page 1 of 4 ASSIGNMENT 2 QUESTION 1 At 1 March 2013 Jaya Ltd had a debit balance of $23‚450 on its Debtors Ledger Control Account and a credit balance of $17‚450 on its Creditors Ledger Control Account. Both balances had been reconciled with the individual accounts. During March 2013 the following transactions took place:$ Credit sales 19‚670 Credit purchases
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1 What adult learning theories did Linda use in her course design? Answer: This program would not only promote a ‘financial advisor’ image for the collectors‚ but also change the culture surrounding the debt collection process. Linda trusted that Jason Kelly would give her the required mandate‚ freedom and support necessary to ensure the success of the new training program‚ so she set out quickly to begin to make the necessary changes. Linda knew the trainees would have different learning styles
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Grover "the good" Cleveland)‚ graft and dishonest means for achieving wealth were not uncommon within both parties‚ leading to the Panic of 1873 (506). Such a depression shed light upon the unscrupulous practices of many political figures‚ as well as debtors and other prominent businesspeople. This led to yet another national agreement - civil service reforms. Under the Presidency of Republican Chester Arthur‚ the Pendleton Act was passed in 1883. Considered the "Magna Carta of civil-service reform‚"
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