There are Chinese said‚’ As you sow‚ so shall you reap.’ For me‚ in these 5 years besides academic I sow leadership. And now‚ I reap a lot. Because I am interested in financial management‚ I am studying in economics and BAFS. Therefore‚ this makes me grapping all the chance that can help me in improving the ability of studying management in the future. I got nutrient in house. I was a house committee for 2 years. I lead my house members for 2 years. In sports day I am the leader to lead them
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Activity 3 Consider your workplace as a learning environment and reflect upon three areas for improvement. The term reflection refers to reviewing experience from practice so that it may be described‚ analysed‚ evaluated and consequently used to inform and change future practice.” According to Somerville and Keeling (2004) nursing is a profession where reflection is important whereby it helps to identify strengths and weaknesses. Jarvis (1992) mentioned that reflective practice can also be known
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question Question text The effect on the accounting equation of the business buying a computer worth $900‚ paying $450 cash and owing $450 to be paid in 30 days’ time is: Select one: a. decrease the asset computers‚ increase the asset cash‚ decrease the liability accounts payable. b. increase the asset computers‚ increase the asset cash‚ decrease the liability accounts payable. c. increase the asset computers‚ decrease the asset cash‚ increase the liability accounts payable. d. increase the asset
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At my senior secondary level‚ I was surrounded by lots of art related competition or activities. Personally‚ I love drawing and designing. I have studied art and participated in lots of art competition in order to broaden my horizon. I am glad that I have got the champion in a competition organized by the Hong Kong Civic Education Foundation Ltd and an outstanding grade in drawing competitions organized by the Hong Kong Heart Foundation Limited. These awards really built up my confidence. In my opinion
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C A S E S T U DY: AU D I Advantages With Measurements: Compuware Ensures Superior Performance of Audi Car Configurator CUSTOMER BUSINESS CHALLENGE INDUSTRY Automotive CHALLENGE Audi wanted to maintain superior performance for its end users‚ while undergoing a major upgrade to its Audi Car Configurator in Spain. SOLUTION Synthetic Monitoring — Web and Mobile R E S U LT S • Detailed overview of load times based on different Internet connections • Regular
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commenced with following assets and liabilities: Cash - $10000 Bank - $30000 Motor Van - $6000 Stationery - $8000 Furniture - $6000 September 1 – opening stock amounted to $283 September 2 – paid rent by cash $140 September 4 – bought motor van by cheque $550 from L.Woods September 6 – bought stationery paying by cheque $60 September 8 – sold eight textbook for cash $240 September 10 – the proprietor took cash for himself $74 September 12 – sold goods‚ thirty notebooks on credit to L.Smith $200
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stated that when a Trial Balance balances‚ it means the accounts are free of errors. I disagree with the statement. There may still be errors even if the trial balance is balances. There are six types of errors. The first type of error is the “error of omission” and the word omission mean left out. Its mean that a transaction is not recorded in the books of original entry‚ which mean both the debit and credit effects of the transaction are not shown in the Trial Balance. For example‚ a transaction
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AN EVALUATION OF ACCOUNTS RECEIVABLE MANAGEMENT BY MANUFACTURING FIRMS IN NAKURU MUNICIPALITY [pic] RESEARCH PROJECT SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENT FOR THE AWARD OF THE DEGREE IN BACHELOR OF COMMERCE (ACCOUNTING OPTION) SCHOOL OF BUSINESS KABARAK UNIVERSITY APRIL 2008 DECLARATION This research project is our original work and has not been presented for the award of any diploma or degree in any other university or college or any other institution of higher learning. Signature______________________________
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Q i) Expalin in detail five basic accounts along with their types and examples Five basic Acounts 1. Assets 2. Liabilities 3. Capital/Owner Equity 4. Revenue/Income 5. Expenses Assets Assets are the resources owened by a business and are expected to give benefit for future operation Example: If you buy a land and it will give benefit in the future operation then it is your asset . if the land which you buy And in future you have to sell only then this is not your asset. If you built
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1. Chiller Company has credit sales of $5.60 million for year 2010. Chiller estimates that 1.32% of the credit sales will not be collected. Historically‚ 4% of outstanding accounts receivable is uncollectible. On December 31‚ 2010‚ the company’s Allowance for Doubtful Accounts has an unadjusted credit balance of $3561. Chiller prepares a schedule of its December 31‚ 2010‚ accounts receivable by age. Based on past experience‚ it estimates the percent of receivables in each age category that will become
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