96 Balance Sheet 2004 2003 Edwards‚ Inc. has prepared the following comparative balance sheets Cash $198‚000 $102‚000 for 2003 and 2004: Receivables $106‚000 $78‚000 2004 2003 Inventory $100‚000 $120‚000 Prepaid expenses $12‚000 $18‚000 Cash $ 198‚000 $102‚000 Plant assets $840‚000 $700‚000 Receivables 106‚000 78‚000 Accumulated depreciation $(300‚000) $(250‚000) Inventory 100‚000 120‚000 Patent $102‚000 $116‚000 Prepaid expenses 12‚000 18‚000
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Final Accounts Meaning Preparation of final account is the last stage of the accounting cycle. The basic objective of every concern maintaining the book of accounts is to find out the profit or loss in their business at the end of the year. Every businessman wishes to ascertain the financial position of his business firm as a whole during the particular period. In order to achieve the objectives for the firm‚ it is essential to prepare final accounts which include Manufacturing and Trading‚ Profit
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TRADING STOCKS Stock trading has become one of the most popular and efficient ways to make money since it is easy to access and it could bring a lot of money back to investors. With some extra money‚ anyone can purchase stocks from a company or corporation and make profit. A stock is basically a type of security that signifies ownership in a corporation and represents a claim on part of the corporation’s assets and earnings. There are two main types of stock: common and preferred. Common stock
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different currencies. Our team was given this money in attempt to grow the funds through trading various currencies that we believe were appreciating and depreciating. Our main source to perform this was articles from Bloomberg. We were looking for current information that could help us make the most optimal trade. We struggled at first understanding the data that was the main contributor to our -274.99 loss. However‚ our last two trades equated to 287.35. The overall return was -.55%‚ but with the
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Contents 1.0 Mind Mapping 2 2.0 Case Study 3 2.1 Case 1 3 2.1.1 Solution 5 2.2 Case 2 6 2.2.1 Solution 9 3.0 Reference 10 1.0 Mind Mapping 2.0 Case Study 2.1 Case 1 TRANSFORMER REPLACEMENT AT MOUNTAIN STATES ELECTRIC SERVICE Mountain States Electric Service is an electrical utility company serving several states in the Rocky Mountains region. It is considering replacing some of its equipment at a generating substation and is attempting to decide whether it should replace
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Why are accounts important To begin by why accounts are important‚ a person should first know what accounts actually mean. Accounts are financial records of an organization that register all financial transactions‚ and must be kept at its principal office or place of business. The purpose of these records is to enable anyone to appraise the organization’s current financial position with reasonable accuracy. Firms present their annual accounts in two main parts: the balance sheet‚ and the income
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TOPIC- CUSTOMER PREFERENSE TOWORDS ONLINE SHARE TRADING WITH SPECIAL REFERENSE TO ANAND RATHI SECURITIES IN BHILAI DURG REGION INTRODUCTION ONLINE TRADING Today is world of technology. So‚ the person who adopt it‚ get the success. So‚ online trading means trading through electronic means. Online trading is the trading in which the investors who are familiar with the use of computer and Internet they directly trade in stock market. They trade any time at any place when the stock market is open. The
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period (i.e. if they are trading internationally). They are dead. In these circumstances‚ a business might decide to give up expecting payment and to write the debt off as a lost cause. Businesses normally make provisions for such cases. Provisions are those amounts which are set aside out of the profits for a specific purpose e.g. provisions for bad debts‚ doubtful debts or depreciation‚ etc. These provisions are made in view of some expected events. Any expected loss in the future relating to
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Commodities Futures Trading in India Indian markets have recently thrown open a new avenue for retail investors and traders to participate: commodity derivatives. For those who want to diversify their portfolios beyond shares‚ bonds and real estate‚ commodities is the best option. What is commodity trading? It’s an age-old phenomenon. Modern markets came up in the late 18th century‚ when farming began to be modernised. Though the trade’s mechanisms have changed‚ the basics are still the same
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Jessica Martinez Professor Wright Freshman Writing Comp 1 December 5‚ 2013 How to Interpret Dreams You wake up from fighting zombies or playing football in the Super Bowl for your favorite team. Although you’re sad it’s over‚ you wonder what these dreams mean. Most people have wondered this question‚ and few have summed up these dreams to be random and meaningless. Although‚ Dr. G. William Domhoff‚ the author of “The Scientific Study of Dreams” and one of the leading dream researchers in
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