Syllabus Business Studies: Recommended Book: Business Studies by Karen Borrington Peter Stimpson Session: 2011 to 2012 Class: 8A 1st Term April-June‚ 2011 | April-2012 | Unit 1 | The purpose of business activity | | Unit 2 | Types of business activity | May-2012 | Unit 3 | Forms of business organization | September-2012 | Unit 4 | Government and economic influence on business | October/November‚ 2012 | 1st Term Exams | | November-2012 | Ch.5 | Other external influences on business
Premium Balance sheet Marketing Double-entry bookkeeping system
A joint-stock company is a business entity which is owned by shareholders. Each shareholder owns the portion of the company in proportion to his or her ownership of the company’s shares (certificates of ownership). [1] This allows for the unequal ownership of a business with some shareholders owning a larger proportion of a company than others. Shareholders are able to transfer their shares to others without any effects to the continued existence of the company. [2] In modern corporate
Premium Corporation Types of companies Public company
association‚ partnership or union that carries on a commercial or industrial enterprise. Generally a company may be a corporation‚ partnership‚ association‚ joint stock company‚ trust‚ fund or organised group of persons‚ whether incorporated or not and (in an official capacity) any receiver‚ trustee in bankruptcy or similar official or liquidating agent for any of the foregoing. More specifically we can state a company as either one of four distinct business organisations‚ Sole Trader‚ Partnership‚ Private
Premium Corporation Types of companies Limited liability partnership
No.1 for CA/CWA & MEC/CEC MASTER MINDS Disclaimer: Questions asked in the examination may have wrong/inadequate information and/or ambiguous language. In that case the answers provided by the institute may differ from these ideal answers. Every effort has been made taken to give best answers. Still if you find some errors please bring them to our notice through e-mail. Mail id: gunturmasterminds@yahoo.com 1 ___________________________________________1 noisseS_1102_enuJ_ TPC CPT – June
Premium Contract Balance sheet Capital expenditure
by Registrar of Companies. Liquidation is Different from Insolvency. The term ‘insolvency’ is applicable to individuals‚ partnership firms‚ Hindu Undivided families whereas‚ the term ‘Liquidation’ is applicable to a joint Stock Company. But it may be mentioned that the insolvency of a company is not a necessary condition for its Liquidation whereas an individual‚ partnership firm‚ Hindu Undivided family is said to be insolvent when liabilities exceed assets or has committed an act of insolvency
Premium Liquidation Bankruptcy
DIFFERENCES BETWEEN WINDING UP AND DISSOLUTION 1. Winding up is the first stage in the process whereby assets are realised‚ liabilities are paid off and the surplus‚ if any‚ distributed among its members -Dissolution is the next stage whereby the existence of the company is withdrawn by the law. 2. Winding up is a set of procedures while dissolution is an act of putting an end to the company 3. Creditors can prove their debts in the winding up but not on the dissolution of the company. MODES OF
Premium Bankruptcy Liquidation Debt
the DBA in the new state. Since every state either has a different income tax or no taxes the sole proprietor needs to be aware of any change in state taxes. Budgeting for taxes can have a major impact on the financial aspect of the business. • Dissolution- Dissolving the business is a simple matter of paying off any outstanding debts and not taking on any new business Sole Proprietorship Disadvantages: • Liability – There is no protection of personal assets. If the company is sued the personal
Premium Corporation Types of business entity
Assignment Content | Chapter 1 | First Question | Chapter 2 | Second Question | Chapter 2.1 | Characteristics of “Partnership” | Chapter 3 | Third Question | Chapter 3.1 | Characteristics of “Business Environment” | Chapter 3.2 | Characteristics of “Porter’s Five Forces” | ADIL ZHAXYLYKOV TP029709 UCFF1207(G2-T2) BM004-4-0 ITB 1. What would be the aims and objectives of the business Luke is planning to implement after graduation? The main aim of the Luke’s business idea is to
Premium Management Corporation Business
existence‚ Wang Lung and O-lan have a marriage that is‚ despite its obvious inequalities‚ paradoxically more companionate‚ based as it is upon a united passion for the land. An image of the two tilling the soil by each others side evokes some sense of partnership. In the course of events we transported form the transcultural terrain of open wheat and rice fields and placed within confining‚ ornate interiors.
Premium China People's Republic of China Han Chinese
Accounting ACC/561 November 11‚ 2011 Small-Business Idea Paper There are five different forms of business organizations that I can consider when planning to start a business. They are 1. Sole proprietorship 2. Partnership 3. C corporation 4. S corporation 5. LLC – Limited Liability Company It is important to understand each organization’s structural make up‚ to make an informed decision about which form of business organization is
Premium Corporate tax Corporation Tax