EXAMPLES OF ACCOUNTS FALLING UNDER EACH ACCOUNTING EQUATION ELEMENT: Current Assets Cash - A current asset account which includes currency‚ coins‚ checking accounts‚ and undeposited checks received from customers. The amounts must be unrestricted. (Restricted cash should be recorded in a different account.) Petty Cash Fund - A current asset account that represents an amount of cash for making small disbursements for postage due‚ supplies‚ etc. Notes Receivable - An asset representing the
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examples. (10 Marks) 2. Explain any two types of errors that are disclosed by trial balance with examples and rectification entry. Note - Avoid giving examples given in the self learning material. (10 marks) Nov 2010 3. Let us assume you have been recently appointed as Management Accountant of a small but upcoming firm. Your immediate supervisor has asked you to prepare certain financial ratios from the balance sheet of one of their clients M/s Vinod Enterprise. Liabilities Amount Assets Amount
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Sch 31: Promote communication in health‚ social care or children’s and young people’s settings. 1.2 Explain how communication affects relationships in the work setting. Communication plays a massive part once building a relationship in the work setting. By regularly keeping effective communication between practioners‚ parents/careers and children makes a positive working environment. The relationships are mostly based on the type of communication between one another‚ communication is not just by
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Kaplan University October 2‚ 2014 The Great Charles R. Drew Story PU120- Unit 3 Assignment Often times many people stop and sometimes wonder where did an item come from‚ who made this up‚ and I wish I thought of this first. Well everything we use on day to day bases has been created by someone with a strong drive and creative‚ brilliant mind. To be the first to develop or use a new method is called a pioneer. Doctor Charles Drew an African American man who pioneered many of today’s
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INS 4-Nancy Drew: The Demon of River Heights The title of the book I read is "Nancy Drew: The Demon of River Heights" written by Stefan Petrucha. The main character of the book is Nancy Drew; the girl detective‚ she was the first one to be introduced in the book. Most of the characters of the book were introduced in the beginning of the story‚ but some were presented in the middle. In this story‚ Nancy was starring in her friends Ben and Quentin’s movie to make her acting debut. During this‚ a
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partnership agreement provided as follows: (a) Interest at the rate of 10% per annum is to be allowed on the partners’ Capital Account balances. (b) Interest on drawings was to be calculated at 4% per annum. (c) Top was allowed a salary of RM400 per month. (d) Interest on partner loan was 6% per annum. Trial Balance As At 31 December 2009 RM Capital : Top : Middle Current Account : Top : Middle Drawings – Middle (1 October 2009) Loan from Top Furniture and Fittings (cost RM50‚000) Premises Debtor and
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Drew Magary’s Post-Mortal incorporates many facets of sociology such as culture‚ aging‚ Max Weber’s Conflict theory as well as Symbolic Interactionism. However what stands out most in his novel I hypothesize to be the concept of culture in modern day society. Culture‚ in sociological terms‚ is an identity society undergoes in order to combat problems presented within its entity. The idea of culture in the Post-Mortal is fascinating as society undergoes an enormous change as a response to one item
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December Beach Days in Hawaii A beach in Hawaii on a December day is like day at a lake in mid a August. The beach smells fresh‚ almost like a new ocean breeze air freshener The sand is hot and looks like gold blended in with little white specks‚ it sparkles like the water running offthe swimmers back and feels like walking on coals from buming grill. Not far from the a shore‚ you can see the coral sitting still in the wild and shallow water. Turtles drift in to see all the people. The palm
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improve some of the internal controls over its revenue cycle procedures. Existence or Occurrence From Bradmark’s data files on sales invoices‚ cash receipts and list of customers‚ the ACL software was used to compute and determine the Accounts Receivable balances of customers in the books. January 20‚ 2005 United City 920 4 th Street Bridgewater‚ New Jersey 8807 Dear Sir/Madam‚ In connection with an examination of our financial statements by Ross & Specter Co.‚ Certified Public Accountants
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Climate change is a terrible problem‚ and it absolutely needs to be solved. It deserves to be a huge priority. Bill Gates Resolved: Developed countries have a moral obligation to mitigate the effects of climate change. Before i begin‚ i would like to offer the following definitions; Moral Obligation: for the purpose of this case‚ it means to protect and defend one’s responsibility and to do the right thing whenever one can Mitigate: make less severe‚ serious‚ or painful Contention 1: Protection of the People
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