INTRODUCTION: UNIFLEX CABLES LIMITED appointed interns to study the receivables position of their company. I was asked to analyze the data of the past six months starting from October’08 to March’09. I had to analyze the debtors’ payment pattern for that period and find out the reasons why there was a delay in receiving payments from the debtors’. OBJECTIVE OF THE STUDY: • Compare Actual Date of Receipt from customers with the Payment Due Date. • Find out the number of days delay
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Every company‚ no matter the size deals with inventory issues. How these issues are dealt with can determine the outcome of the company. If not done in a rectifiable fashion‚ the company could face serious threats up to and including closure. We chose Wal-Mart as our company from our last paper‚ as it proposes an interesting dilemma in that despite the continued growth‚ all is not well with Sam Walton’s creation. This paper will discuss the inventory problems‚ the expected benefits that may or may
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Communication -from Latin "communis"‚ meaning to share) is the activity of conveying information through the exchange of thoughts‚ messages‚ or information‚ as by speech‚ visuals‚ signals‚ writing‚ or behaviour. Communication requires a sender‚ a message‚ and a recipient‚ although the receiver need not be present or aware of the sender’s intent to communicate at the time of communication; thus communication can occur across vast distances in time and space. Communication requires that the
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life today. Inventory management is primarily about specifying the shape and percentage of stocked goods. It is required at different locations within a facility or within many locations of a supply network to precede the regular and planned course of production and stock of materials. The scope of sales and inventory management system concerns the fine lines between replenishment lead time‚ carrying costs of inventory‚ asset management‚ inventory forecasting‚ inventory valuation‚ inventory visibility
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A PROJECT REPORT ON A STUDY ON RECEIVABLE MANAGEMENT SYSTEM OF ONLINE ADVERTISING BUSINESS OF TIMES INTERNET LIMITED A report submitted towards the partial fulfillment of the requirement of the two years full time Post-graduate Diploma in Management Submitted By: MINAKSHI GUPTA POST GRADUATE DIPLOMA IN MANAGEMENT Roll No: 2K81A56 PGDM GENERAL (2008-2010) Asia Pacific Institute of Management 3 & 4 Institutional Area‚ Jasola‚ Sarita Vihar‚ New
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Prior to the cash receipts reaching the accounts receivable clerk‚ the auditor should make a list of all cash receipts without the clerk’s knowledge. After the clerk posted cash receipts to the journal‚ the auditor should compare the details of the cash receipt listings he made to the detail of daily deposit tickets made by the clerk. 2. Trace a sample of customers’ accounts from journal to ledgers. 3. Investigate debit entries in the general ledger cash account other than from the cash receipt journal
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Setting 1.1 Introduction Point-of-Sale Inventory System is one of the essential components of a successful business. It is a modern replacement for the cash register in retail applications. It can help to record securely all the sales and customer’s orders‚ track products which are poor on business’ sales and of course manage inventory. This particular system can improve the way‚ the small and mid-sized businesses do their inventory and sale transactions. It will aid some of the common
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VINTAGE REALTY GROUP November 3‚ 2001 Subject: A One Bedroom Apartment Unit at the Bay Garden Neighborhood Dear Mr. The 1311 apartment unit offers a breathtaking view on the Bay and the city skyline. It has been fully renovated‚ also with careful details that enhance its natural beauty. You can call this apartment unit beautiful. You might consider it convenient‚ or even call it relaxing. But most importantly‚ we believe this is the place you can call home. The
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Representatives Dear Senator Harris: I am writing to you in regards to the increasingly problematic issues surrounding gun control and active shooting in Southern California. As a college student at Cal State Fullerton University‚ there have been several controversial proposals about whether guns should be allowed in various college/high school campuses in California. These controversial proposals include the following: faculty members and students in California school campuses are required to conceal firearms
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CHAPTER 7: NOTES RECEIVABLE * Notes receivable are claims supported by formal promises to pay usually in the form of notes. * A negotiable promissory note is an unconditional promise in writing made by one person to another‚ signed by the maker‚ engaging to pay on demand or fixed determinable future time a sum certain in money to order or to bearer. * Maker is the one who writes the promissory note promising to pay another person‚ known as the payee‚ a definite sum of money. * Notes
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