Profit Determination Prepared by John Hoggett and Clare Innes Measurement of Profit • Cash basis • Cash income received - Cash expenses paid – Revenues recorded when received – Expenses recorded when paid • Accrual basis • Profit = Income (incl. Revenues) - Expenses – Revenue is recognised when the anticipated inflow of economic benefit can be reliably measured – Expenses when the consumption of benefits can be reliably measured 2 Adjusting Entries • The need for adjusting entries-
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Introduction Glastonbury festival Of Contemporary Performing Art is one of the most known music festivals in the world. The festival it self takes part in worthy farm which is a dairy farm during the year; is in the region of Somerset which is situated in southwest England. The festival from 1981 has been organised by the local farmer and site owner Michael Eavis (Martin‚ 2009). Micheal Eavis is also the owner of Glastonbury Festival LTD the company that is in charge of the organization and the
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Great China A Comparative Study of the CCTV Spring Festival Galas‚ 1984-86 and 2004-06 Xiaoyan Xu Thesis submitted to the faculty of the Virginia Polytechnic Institute and State University in partial fulfillment of the requirements for the degree of Master of Arts In Political Science Dr. Timothy W. Luke‚ Chair Dr. Scott G. Nelson Dr. Yannis Stivachtis June 7‚ 2007 Blacksburg‚ VA Keywords: China‚ TV‚ CCTV‚ Spring Festival‚ ideology‚ nationalism‚ media‚ symbolic politics
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There are three things that are certain to occur in Oklahoma during the spring. One being bad weather‚ the second is the Oklahoma City Memorial Marathon and the third being the start of festival and fair season. Oklahoma City has festivals to celebrate the arts‚ music‚ and foods that are unique to Oklahoma. The City of Guthrie devotes a whole weekend to the Land Run of 1889 with “89er Days Celebration” and in Bartlesville you will be transported back to Indian Territory of the 1820s during the
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descent throughout the globe will be celebrating the traditional Mid-Autumn Festival‚ also known as the Mooncake Festival. It is the third major celebration on the Chinese lunisolar calendar which incorporates elements of both a lunar calendar and solar calendar‚ which is not uncommon among Asian cultures. This year‚ the Mid-Autumn Festival took place on the 29th of September. As it has always been in Malaysia‚ the festival was celebrated with merriment and involved the incorporation of lanterns‚ mooncakes
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Music festival is periodically recurrent‚ social occasion in which‚ through a multiplicity of forms and a series of coordinated events‚ people participate directly or indirectly and to various degrees‚ all members of a whole community‚ united by ethnic‚ linguistic‚ religious‚ historical bonds‚ and sharing a worldview. There are some recurring characteristics of festivals : festivals are bound to a specific location and limited timespan‚ are organized with a specific goal in mind‚ and are offering
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For Profit Vs. Not For Profit organizations: I would like to start with the more interesting type of organizations to discuss and that is not for profit organization (NPO). The first advantage to NPO is simply tax exemption (IRS‚ 2012)‚ once an organization meets certain criteria and is approved as a NPO‚ it doesn’t pay tax on its income. It is very important to understand here that the money saved from not paying tax is reinvested in such organization to either continue providing the type of services
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Moon Festival In United States there are some holidays that are celebrated together with family‚ like Thanksgiving‚ Christmas and Independence Day. In China‚ we also have family reunion days and the Moon Festival is one of them. The Moon Festival is also known as Mid-Autumn Festival or the Zhongqiu Festival. Of course‚ this festival has equivalents in other countries‚ such as Japan‚ Malaysia‚ Singapore‚ the Philippines and South Korea. If you are not familiar with the Chinese Moon Festival then
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For-Profit Education For-Profit education has been present for many years however has recently become a popular commodity. The for-profit educational world has been gaining popularity for a number of reasons. These include such aspects as access‚ student population‚ financial cost‚ etc. This paper will explore For-Profit education‚ a brief history‚ the students these institutions aim to serve‚ the intended focus of For-Profits and quality‚ the impact on higher education‚ and the roles of student
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director Hallie Flanagan establishing the Federal Theater Project (FTP). With high expectations for the FTP to help the arts‚ it failed. With there being constant conflict between the commercial theater advocates and independent non-profit theater supports about funding‚ theaters began to slowly rise. “Hard hit by both the Depression and the rise of the cinema‚ the commercial theater had been trying unsuccessfully to gain government backing for a financially devastated Broadway as early as 1933‚
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