profit and unappropriated profit. what is the accumulated profit and why do accountants and bookkeepers use different names for the same thing? (6 marks) Accumulated profits is profits that are not paid as dividend but is transfered over to the accounts for the next year. Also can be used to reinvest in the core of the business to help pay off debts or to purchase a capital asset. The reasons why accountants and bookkeepers use different names for the same thing is because bookkeepers are the people
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I. Introduction A. Area 51 is a top secret military base that wasn’t even considered to exist until 2013. Some people believe that UFO’s and alien objects are stored here‚ but this information cannot be proven. The content of area 51 today is unknown‚ but we do know what it was created for! I found most of my information on the internet and watching documentaries on this. B. Location 1. Located in the remote Nevada desert near the dry bed of Groom Lake‚ Area 51 may be the most famous military installation
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anyone’s life they must first want him. This desire must be sincere‚ and it requires adherence to God’s requirements on the individual for him to do his work. For God‚ there is clear cut activity that must take place on the side of the person. In Psalm 51‚ the writer is seeking God’s presence. More than that he seeks redemption from his transgressions against God. He understands that he did wrong. There is knowledge on his part for recognizing what he did wrong. He knows what to do to make it right between
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| | | |Questions written by Candidate | |√ | |Unit numbers: HSC 024 | | | | | | | |Questioning the candidates | |
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Fixtures and fittings $000 $000 250 100 350 Current Assets Stock Debtors Cash Current Liabilities Creditors for supplies Accruals Bank 1540 820 3 2363 1210 192 203 1605 758 1108 25 910 Share capital – Ordinary shares Retained profits Loan accounts – Bracket Racket 104 69 173 1108 The company accountant resigned at the beginning of April 2002 and proper records were not kept for the six-month period 1 April to 30 September 2002. The following information is available for that six-month period
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Transactions Show Journal entries to record the following transactions. Post them into appropriate Ledger Accounts and then extract a Trial Balance on 31st December‚ 2012: 2012 Jan 1st: Commenced business with cash Rs 1‚00‚000. Jan 10th: Bought office equipment worth Rs 40‚000. Jan 25th: Purchased goods worth Rs 25‚000; less 10% trade dis. on credit from Rahul. Feb 4th: Purchased office stationary worth Rs 500. Feb 9th: Paid premium for fire insurance Rs 5‚000 Feb 20th: Sold goods on
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UNIVERSITI UTARA MALAYSIA UUM COLLEGEOF BUSINESS SCHOOL OF ACCOUNTANCY COURSE CODE : BKAL1013 COURSE : BUSINESS ACCOUNTING PRE-REQUISITE : NONE 1.0 COURSE SYNOPSIS This course is designed specifically for students from non-accounting disciplines. It is divided into two sections‚ i.e. financial accounting and management accounting. Students will be exposed to accounting concepts‚ principles and assumptions. They would be able to assess
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Writing Assignment #1 1. What does Madison mean when he states‚ “each department should have a will of its own”? When Madison states‚ “each department should have a will of its own” he is referring to the idea that each branch of government must have its own set responsibilities within the government. Therefore the executive‚ legislative‚ and judicial branches of government must maintain separation from each other and must not refer to one another when carrying out responsibilities. They each must
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HSC 024 – Eva Hromadova 1. Definition Physical abuse – hitting‚ cutting‚ kicking‚ strangling‚ biting Sexual abuse – inappropriate touching‚ forcing sexual behaviour upon other person Emotional abuse – verbal abuse‚ constant criticism‚ intimidation‚ name calling Financial abuse – illegal or unauthorised use of person’s money/property‚ trying to control what a person can/cannot buy Institutional abuse – neglect/abuse happening within a setting where a person lives/visits‚ using the power to
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Unit 4222-342 Support positive risk taking for individuals (HSC 3066) Outcome 1 Understand the importance of risk taking in everyday life : 1. explain ways in which risk is an integral part of everyday life For many people risk is an accepted part of everyday life. Every day activities such as catching the bus‚ travelling on holiday‚ playing football‚ setting up home and starting a family all carry some element of risk. Risk plays a part in our health‚ safety‚ security‚ well-being‚ employment
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