contradicting each other. Your answer should be substantiated with relevant 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
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What is considered normal? Everyone today yearns to be considered normal‚ but what exactly are they striving for? Found in the dictionary‚ the definition of normal is: an adjective; usual; conforming to the usual standard‚ type‚ or custom. But‚ how can anything be considered normal if no two people are exactly the same? Norms form a society. They are the standards by which people live by. Growing up in Rhode Island‚ my experience has been with the American contemporary society. Our society
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SFU The Balance Scorecard Initiative BUS 322 – Written Case Miranda Zhang 7/29/2014 Executive Summary This report provides the analysis of case study given to me. Gail Palmer Ashton Graduate School of Business ranks among the top schools of USA but the dean of the institute feels that the school has deviated from its foundations. This analysis proposes implementation of the balanced scorecard and performance metrics in order to achieve the four strategic goals of the institution.
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Balance of Payment in Nepal | International Business | | Submitted To: Mr. Yogesh Satyal | | Submitted By: | 3/17/2010 | | BALANCE OF PAYMENT A Balance of payments (BOP) sheet is an accounting record of all monetary transactions between a country and the rest of the world. These transactions include payments for the country ’s exports and imports of goods‚ services‚ and financial capital‚ as well as financial transfers. The BOP summarizes international transactions for a specific
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calculated using the following formula: show variables P = amount invested = $70‚000 r = simple interest rate (decimal) = 2.04% = 0.0204 t = time period (years) = 380 365 = 1.04109589... S = accumulated value = unknown S = P(1 + rt) = 70‚000 × (1 + 0.0204 × 1.04109589...) = 70‚000 × 1.02123836... = 71‚486.68493151... = $71‚486.68 Rounded as last step 2 of 3 ID: FMTH.SI.AI.01c.L Ratna invested $7‚000 into a MRMC Bank account for 24 quarters
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Leyte Normal University Tacloban City MOTIVATION In partial fulfillment of the requirement in Soc. Sci 101_General Psychology Presented to: MYRA GRACE M. FLORES Faculty –Social Science Unit Presented by: ANGELO S. PILAPIL BEED 1-5 Schedule:TFri.10:30-12:00 Motivation is the process that initiates‚ guides‚ and maintains goal-oriented behaviors. Motivation is what causes us to act‚ whether it is getting a glass of water to reduce thirst or reading a book to gain knowledge. It involves
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Bad News Credit Cards Some Americans have been under the impression that credit cards are a valuable financial tool because credit cards give them leverage with their credit scores and also can make it possible to purchase and do things they may not otherwise be able to do. Even though this may be true for some this is not always the case. Credit cards are harmful not only to the American people’s finances but also the economy. Credit cards are the number one reason for personal debt and
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Published Accounts Practice Question 1 The following trial balance was extracted from the books of Eavis plc on 31 December 2009: £000 £000 Sales 11‚700 Provision for depreciation: Plant 738 Vehicles 375 Rent receivable 100 Trade payables 738 Debentures 250 Issued share capital: Ordinary £1 shares 3‚125 Preference shares (treated as equity) 625 Share premium 250 Retained earnings
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1. Introduction to Rural Credit In modern world credit has become one of the crucial inputs. The co-operative credit societies were‚ in the past and even now‚ the most important source of credit to the farmers. Since 1969‚ commercial banks are also financing agriculture because of `social control’. There has been tremendous increase in the bank branches in the rural areas‚ Govt. has adopted the policy of `multi-agency approach’ in agricultural credit‚. At present‚ primary agricultural co-operative
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Credit card The credit card act of 2009 is helping young adult and protecting them. The credit card act was sign into law on May 2‚ 2009. Before the credit card act sign into law‚ young adult from 18-21 years of ages are getting attack by the bank industries‚ what the bank do is sending out thousand of offer like low interest rate and get the young adult and student hook on the system and then rise the interest later on. Most of those young adults end up in a big debt. The credit card
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