Installment Sales The DJ Company accounts for sales of merchandise on the installment basis. At the end of each year it recognizes gross profit on these sales‚ considering collections during the year to be composed of cost and gross profit elements. The balances of the control accounts for installment contract receivable at the beginning and at the end of 2009 were: 1/01/2009 12/31/2009 Installment Accounts Receivable: 2007………………………… P 24‚020 P - 2008………………………… 344‚460 67
Premium Generally Accepted Accounting Principles Revenue 2009
CONTENTS 1. BACKGROUND: 1 2. CONTRACT: 1 2.1 VALID CONTRACT: 2 2.2 VOID CONTRACT: 2 2.3 VOIDABLE CONTRACT: 2 3. SALES CONTRACT: 3 3.1 SUBJECT MATTER (MAL): 3 3.2 CLASSIFICATION OF MAL: 4 3.3 CONDITIONS OF VALIDITY OF SALE: 4 3.4 PROHIBITED SALES: 7 3.5 KINDS OF SALE TRANSACTIONS: 10 3.5.1 BAY AL MUQAYADAH: 11 3.5.2 BAY AL MUTLAQ: 11 3.5.3 BAY AL SARF: 12 3.5.4 SALAM CONTRACT: 13 3.5.5 ISTISNA 16 3.5.6 MURABAHAH 19 3.5.7 BAY’AL-MUAJJAL 22 4
Premium Contract Muhammad Money
economy. Trump backed his stance by nominating Fast food executive Andrew Puzder as his first pick for Secretary of Labor. Andrew Puzder shares Trump’s views on minimum wage by criticizing $15 minimum wage increase‚ arguing that increased wage would lead to job loss and increased prices for consumers. Locally Connecticut governor Dannel Molloy has increasing minimum wage from $8.70 in 2014 to $10.10 in 2017 making Connecticut the first
Premium Minimum wage Employment Wage
Better Than The Book Over time‚ it has become more and more desirable for movie makers to create movies from globally popular novels. JRR Tolkien’s The Hobbit is no exception. In 2012‚ the world had the opportunity to watch the story of Bilbo Baggins unfold on the big screen with the release of The Hobbit: An Unexpected Journey. In 2013‚ the story continued with the release of The Hobbit: The Desolation Of Smaug. Since the release of these two additions to the Lord Of The Rings‚ there have been skepticism
Premium The Lord of the Rings The Hobbit Bilbo Baggins
Is faster economic growth always a good thing? Argue the case for and against faster growth and then come to your conclusion. Economics growth has been studied in differences camps. economics‚ environmentalist and sociologist have been debating years about the causes and effects of this one‚ it is a fact that economic growth is link with life quality and the first one can affect the second one in positive and negative ways‚ this essay will expose a number of advantages and disadvantages of
Premium Economic growth Economics Unemployment
player on that team might be having their worst game ever that doesn’t matter because they have 11 other teammates that could step up and play a great game. That the beauty in playing on a team you have other people to rely on‚ not just yourself. Golf is a game where you can only depend on yourself to either win or lose‚ you can’t hide behind teammates. The pros of playing an individual sport is that you do not have to rely on anyone but yourself. Also no outside source can keep you from preforming
Premium Basketball Game Difference
factors might contribute to a low or high growth rates in a country? There are three categories of factors that contribute to a low or high growth rates. These categories are the demand factor‚ the efficiency factor‚ and supply factors. Government spending or exports can lead to a higher to aggregate demand and higher economic growth. “Economic growth requires increases in total spending to realize the output gain made available by increased production capacity” (McConnell‚ 2012‚ p. 513). One
Premium Economic growth Economics Gross domestic product
numerical equations including numerator and denominator‚ not just a final number. Present your work in a comparative format using a table as illustrated: 1) Gross profit for 2008 PepsiCo Coca-Cola and Gross profit rate for 2008. 2) Percent change in operating income from 2007 to 2008. 3) Accounts receivable turnover for 2008. 4) Days sales in receivable for 2008. 5) Inventory turnover for 2008. 6) Days inventory on hand for 2008. 7) Increase (decrease) in cash and cash equivalents from 2007
Premium Generally Accepted Accounting Principles Balance sheet Asset
and the one afterward. Most young people‚ however‚ do not know what it is like to have a child‚ I was not truly prepared for the world I entered after childbirth. The moment I realized that life as I imagined it as a working mom meant concretely almost never see my baby put me down. So‚ after having been "bottle-fed" as a girl from the 19’s to the recommendation "think of you‚ a baby will be for later‚ you have the right to do like men and you" flourish first in your job "‚ until the maxim of recent
Premium Childbirth Pregnancy Mother
there would be a big impact to the US. There is a movement called “Fight for $15” where people do friendly protests fighting for $15 dollars a hour. They have had many protests spanning from New York to California outside of fast food places. Little do the protesters know is that raising the minimum wage will cause mass loss of Jobs‚ Increased Taxes and Inflation. Minimum wage should not be raised because it will cause problems in the US. Minimum wage should not be raised because it
Premium Minimum wage Employment