bank‚ potential vendors‚ or other interested parties. An account system is also important to process sales‚ purchase orders‚ invoices‚ payroll‚ and other business functions manually. The accounting system must be scalable‚ secure and gather data feed from other business systems to collect up-to-date business finances. The installed REMS came with the following Finance and Accounting Financial Modules: General Ledger Module‚ Accounts Payable Module‚ POS module‚ Bank Reconciliation Module‚
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it will be recorded in the purchase journal‚ once it has been certified as a valid invoice. After the journal entries‚ the next step is to post the journal entries into account. Ledger Account also known as “T” Account and Account. Ledger accounts categorize these changes or debits and credits into specific accounts‚ so management can have useful information for budgeting and
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Sem. Gerald Paul Grijaldo July 9‚ 2012 Oriental Philosophy 1 Mr. Ramon Rafael Dolor “Leading by Virtues” “A ruler who governs his state by virtue is like the north polar star‚ which remains in its place while all the other stars revolve around it.” - Confucius‚ The Analects 2:1 The Confucius saying that is quoted above is very meaningful and it is very helpful to every government leaders especially in our country. Confucius was referring to the leaders
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Pressure‚ ignorance‚ or reward can have a various affects on a person’s choices about virtuous acts but when it causes his or her moral actions to be compromised‚ then only certain situations can pressure or ignorance be an excuse. Courage is a virtue that can be determined by choices that a person can make. A person that only does an act because he sees some personal gain from the act such as saving a child from a fire may not have committed a virtuous act because of the motive behind it such
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m.Module 3 CAPITAL BUDGETING Meaning of Capital Budgeting :- Capital Budgeting is the process of making Decisions regarding long term investments in Fixed Assets which are not meant for sale. It is long range planning to employ the available capital for the purpose of maximizing the long term profitability of the concern. Definition of Capital Budgeting:- Prof I.M.PANDEY Defines Capital Budgeting as the firms decision to invest its current funds most efficiently in long term activities
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As Aristotle stated‚ “What then is choice‚ or what sort of thing is it‚ since it is none of the things mentioned? It is obviously something willing‚ but not everything that is willing is something chosen” (Ethics‚ III‚ 1112a‚ 10). Leadership is something willing‚ but also something chosen. By making the choice to lead you are an embodiment of virtue. This thought does not start and end with Aristotle‚ but also with a more modern writer‚ C.S. Lewis. In his essay “The Way‚” the second essay in
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Goods/Stock purchased or sold being returned is quite a common practice in business. This may be on account of a number of reasons like defects in goods‚ quality not matching the requirement for which the buyer purchased it‚ the buyer not needing the stock‚ etc. This happens both in case of goods purchased as well as goods sold by the organisation. Where the goods sold are being returned we call it "Sales Returns" and where goods purchased are being returned we call it "Purchase Returns"
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Individual Assignment Introduction to Financial Accounting (ACC106) Mega Lawa Trading is a sole proprietorship business owned by Milah Mela. Transactions below are the business activities for the month of December 2013. Date Transaction Effects of Transaction Principles of Double Entry 1 Started a business with a cash at bank for RM 15‚000 and cash in hand for RM 10‚000 3 Purchased machinery on credit from Happy Machine Supplies amounted to RM 90‚000 4 Bought inventories
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Virtue Ethics: Character-Based Virtues Aristotle and Plato Virtue ethics is grounded in “character traits”. We all have by nature the potential to be moral persons‚ but we need to practice the virtues‚ to cultivate them. Ex. a medical doctor should cultivate virtues such as: compassion‚ discernment‚ trustworthiness‚ integrity‚ benevolence and non-malevolence Kinds of virtues: 1) intellectual (wisdom‚ understanding etc) 2) moral (temperance‚ patience‚ courage etc) An individual
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an inquiry into the original of our ideas of beauty and virtue natural law and enlightenment classics Knud Haakonssen General Editor Francis Hutcheson uuuuuuuuuuuuuuuuuuuu i i i i i i i i natural law and i i enlightenment classics i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i Francis Hutcheson i i i i i i i i Edited and with an Introduction by i i i i Wolfgang Leidhold i i i i The Collected Works and Correspondence i i of Francis Hutcheson i i i i i i i i i i i i
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