PPT 2 -CH4 broad groupings of financial statements elements Assets Liabilities Owners’ equity Revenue Expenses The term debit refers to a journal entry to the left side of a general ledger account The term credit refers to a journal entry to the right side of a general ledger account Accounting System Flow 1. Transactions are recorded in the form of journal entries and adjusting entries 2. Journal entries are posted into the accounts of the general ledger 3. The trial balance
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this horrible realization towards the end of 2017 when Donald Trump concluded the Deferred Action for Childhood Arrivals Act. This system prevented Dreamers from deportation as it provided them with their essentials needed to live in America; however‚ with the ongoing discussion on the next course of action‚ some Dreamers might as well face deportation. The United States of America’s government should continue the Deferred Action for Childhood Arrivals act as it stands today and eventually pass the Development
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On June 15‚ 2012‚ President Barack Obama announced an executive action that changed the lives of thousands of people. The Deferred Action of Arrival Children (DACA) was initiated in the United States. DACA protected undocumented minors from deportation‚ to pursue higher education‚ and authorization to public service careers. Today nearly 800‚000 people have benefitted from the program and has contributed to the society economically‚ socially‚ and politically. However‚ due to the nation’s reputation
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“We are all ordinary. We are all boring. We are all spectacular. We are all shy. We are all bold. We are all heroes. We are all helpless. It just depends on the day” (Brad Meltzer). Hero‚ such a strong word with many definitions. A hero is an everyday‚ selfless‚ and courageous leader. Not someone who fears the unknown‚ but someone who is determined to do what is right. They take risks when no one else will. We are all heroes at some point. A hero is one who is not selfish‚ but one who sacrifices
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1. The general public in the United State will be able to purchase all of the Windows 7 editions in retail stores except Starter‚ Home Basic‚ and Enterprise. 2. The core module that provides all of the Window 7 capability that isn’t language-or edition-specific is called Min Vin. 3. When you copy a file to a library‚ Windows Explore writes the file to the folder designated as the save location. 4. To use federated search‚ you must download or create XML files for specific sites called search connectors
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Tax & Taxation The term ’tax’ has been derived from the French word taxe and etymologically‚ the Latin word taxare is related to the term ’tax’‚ which means ’to charge’. Tax is an obligatory payment in the part of the citizen without the expectation of any direct benefit. Taxation is the obligation of non-penal‚ yet compulsory transfer of resources from the private to the public sector levied on a basis of predetermined criteria and without reference to specific benefit received. It is one of the
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African Journal of Economics Vol. 1 (5)‚ pp. 176-190‚ December‚ 2013. Available online at www.internationalscholarsjournals.org © International Scholars Journals Full Length Research Paper Competition in Ethiopian Banking Industry 1 Zerayehu Sime Eshete‚ 2Kagnew Wolde Tesome‚ 3Teshome Ketama Abebe 1 Research and Development Officer at CBE and now PhD candidate in Economics at University of Nairobi‚ Kenya. 2 Research and Development at CBE and now a PhD candidate in Economics at
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ICWAI Objective Type questions and Answers on Indirect Tax 1. Multiple Choice Questions (1) Excise duty can be levied on those goods which are a) Manufactured in India b) Sold in India a) Removed from the factory b) None of the above (2) Dutiable goods means a) Goods are subject to Central Excise duty b) Goods which are exempted from excise duty c) Non excisable goods d) Goods not at all mentioned in the Central Excise Tariff (3) Place of Removal under Central Excise means
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the AVI-YONAHFINAL.DOC FEBRUARY 26‚ 2002 2/26/02 5:38 PM Book Review Why Tax the Rich? Efficiency‚ Equity‚ and Progressive Taxation Reuven S. Avi-Yonah† Does Atlas Shrug? The Economic Consequences of Taxing the Rich. Edited by Joel B. Slemrod.∗ Cambridge: Harvard University Press‚ 2000. Pp. 524. $57.95. In Greek mythology‚ Atlas was a giant who carried the world on his shoulders. In Ayn Rand’s 1957 novel Atlas Shrugged‚ Atlas represents the “ prime movers” —the talented few who bear
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important component of the financial planning process is tax planning‚ which is the structuring of transactions with the intent reducing tax costs and gaining tax benefits. Strategic tax planning is a common occurrence in the business world because of its ability to help companies maximize their after-tax value. Typically‚ firms use the services of outside specialists‚ also known as tax researchers‚ in tax planning. The role of the tax specialist is to determine the optimal business decisions
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