Profit Determination Prepared by John Hoggett and Clare Innes Measurement of Profit • Cash basis • Cash income received - Cash expenses paid – Revenues recorded when received – Expenses recorded when paid • Accrual basis • Profit = Income (incl. Revenues) - Expenses – Revenue is recognised when the anticipated inflow of economic benefit can be reliably measured – Expenses when the consumption of benefits can be reliably measured 2 Adjusting Entries • The need for adjusting entries-
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Solubility and Stoichiometry I. Introduction The first purpose of this experiment is to apply solubility rules to choose two of eight given reactants to do a precipitation reaction. The second purpose is to use stoichiometry to calculate how much of a reactant will be used in a precipitation reaction‚ assuming that the amount of product is given‚ and to figure out the actual yield vs. the theoretical yield and to calculate the percent yield. The other purpose of this experiment is to practice the
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Free will Vs Determination Do you make your own choices or your destiny has been decided for you by circumstances behind your control? For thousands of years‚ this question has puzzled philosophers‚ scientist and anyone who thinks about how they choose to act and live. Part of the complexity of the matter is related to the metaphysical nature of the subject which has a close affinity with the concept of GOD. Some people think that "Everything" that happens in nature and life
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Experiment #7: Acids‚ Bases and Salts Mabag‚ Viannery D.‚ Mangune‚ Paolo D. Chem 14.1‚ MAB1‚ Ms. Angelyn del Rosario March 8‚ 2010 I. Abstract The experiment allowed students to explore different electrolytes and classify them into acids‚ bases and salts by using different indicators or by measuring the pH levels of each. The experiment also helped students classify different substances through their conductivity properties. The preparation of a 1 M stock solution from NaOH pellets diluted to a
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DETERMINATION OF THE HEAT OF SOLUTION BY THE VANT HOFF ISOCHORE METHOD Jan Vincent Arafiles‚ Merry Joy Arzaga‚ Anne Louise Ayson‚ Lovely Jenny Buenaflor Group 2 3A-Biochemistry chem401 laboratory ABSTRACT Thermodynamic values can be determined using the Vant Hoff isochore method. This method entails the use of equilibrium systems to determine the change in enthalpy of the solution‚ which can b related to the change in internal energy of the solution. The van ’t Hoff isochore relates
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Salt and the effect it has on water. Do you like salt? Do you put it on your food to make it taste better? Salt doesn’t just make food taste better; it can change the freezing and boiling point of water. I bet you didn’t know that! There’s a reason for that‚ but I’ll explain that a little later. First‚ let’s find out if salt can actually change the freezing and boiling point of water. To do so‚ we need to do an experiment. Now‚ if you’re going to do an experiment‚ you’re going to need a hypothesis
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Mahatma Gandhi proposed a non-violent march protesting the British Salt Tax‚ continuing Gandhi’s pleas for civil disobedience. The Salt Tax essentially made it illegal to sell or produce salt‚ allowing a complete British monopoly. Since salt is necessary in everyone’s daily diet‚ everyone in India was affected. The Salt Tax made it illegal for workers to freely collect their own salt from the coasts of India‚ making them buy salt they couldn’t really afford. Return to "India under British
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Saline Salt Company Analysis The Saline Salt Company production process was simple. Their process involved extracting salt from six tanks of 900‚000 cubic feet of seawater which could only be held on a large plot of land. As land becomes more valuable and rarer‚ expansion of the existing method becomes very difficult. Saline Salt Company could not compete with other companies that were producing larger amounts of salt in shorter amounts of time. Saline Salt Company did not expand as the needs
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lived a salt merchant. He had a monkey for his assistance. Every morning‚ he would load a sack of salt on the donkey and go to the nearby town to sell it. On the way‚ they had to walk across a pond. One day‚ while crossing the pond‚ the donkey thought‚”Ooh! This load is so heavy that I become exhausted very soon. I wish I could get some of this load taken off my back.” Just then the donkey tripped and fell into the water. Fortunately‚ the donkey was not hurt. But the sack of salt on the donkey’s
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composed of just one of these substances". Bile is a greenish-brown liquid produced in the liver then stored in the gallbladder which is use to digest fat. Bile contains water‚ cholesterol‚ fat‚ bile salts‚ proteins and a waste product call bilirubin. If the bile has too much cholesterol ‚ bile salt‚ or bilirubin‚ they hardens into stones. There are two types of Gallstones. The first and more common type is known as the Cholesterol Stone‚ which accounts for 80 percent of all cases of Gallstones
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