right balance in their lives. Confucius felt that if equilibrium could be restored to the individual‚ then order could be restored to the family‚ to other relationships‚ to the state‚ to the world‚ and to the universe. He described the superior man as being one who could maintain centrality and universality. According to Confucius‚ “When a man pursues the Way and yet remains away from man‚ his course cannot be considered the Way.” I believe this means that if one attempts to pursue balance to better
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ACCOUNTING 9. NOT FOR PROFIT MAKING ORGANIZATIONS 9.1 Introduction These are organizations that are set up to promote or to cater for the welfare of the members involved and not to make a profit. These include clubs‚ (e.g. professional clubs‚ academic clubs‚ sports clubs)‚ welfare associations and any other societies (charitable institutions). Because these organizations are set up with no intention of trading the financial statements prepared are different from the ones of trading organizations.
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In the books of a Company Cost Sheet for the period ended…….. Units Produced….. Name of the product unit sold…. Particulars Total cost Rs. Unit Cost Rs. Opening stock raw materials Add Purchases of Raw Materials Add: Expenses on Purchases of Raw Materials (octroi & duty) Less: Closing stock of raw materials Less: Sale of scrap or defectives of raw materials = Cost of materials consumed Add: Productive Labour Add: Outstanding wages Add: Direct Expenses( architect’s
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BALANCE OF PAYMENT (BOP) Introduction: Balance of payments (BOP) is a record of economic transitions between the residents of one country and the rest of the world during one year. The balance of payment like all balance sheets must balance. The items‚ which lead to‚ an inflow of foreign earnings are placed on the credit side of the balance sheet‚ whereas the items‚ which give‚ rise to an outflow of foreign currency are placed on the debit side. Definition: “Balance of payment is a systematic
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S5 Manufacturing Account/LWL Manufacturing Accounts ( A. ) Function of a Manufacturing Acccount For those businesses which deal with manufacturing products. It is common in today’s business to act both as manufacturer ( ) and retailer ( ). e.g Crocodile‚ Bossini‚ G2000‚ U2. What is the advantage as being a manufacturer as well as a retailer? Division of Costs The purpose of a Manufacturing Account is to ascertain Cost of Production ( ). B. Cost of Production = Prime Cost + Factory
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The Chart of Accounts The increases and decreases in accounting element as affected by a business transaction are recorded in a device called account name‚ account title or account. Each accounting element is composed of several accounts which describe the related economic transactions and events. To maintain uniform account name‚ the business must have a listing of all the accounts it uses to record economic transactions. This listing of all accounts is called “Chart of Accounts.” The Chart of
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A REPORT ON A STUDY ON INVESTOR’S PERCEPTION TOWARDS ONLINE TRADING BY ANKEM LAKSHMI PRADEEP RELIGARE SECURITIES LTD MATS School of Business & IT BANGALORE 2006-2008 1 ACKNOWLEDGEMENT: The satisfaction that is generated by the successful completion of a task would remain unfulfilled without mentioning people who have encouraged and guided at every step toward the completion of the task. I express my sincere thanks to Prof. NVH Krishnan and Prof. Udayachandra‚ Deans of MATS School
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take charge of the financial sector comprising commercial banks‚ financial institutions and non-banking finance companies (RBI‚ AboutusDisplay). ING Vysya Bank ING Vysya Bank Ltd is a premier bank in the Indian private sector and member of the global financial giant ING. By the estimates of December 2010‚ ING ’s total assets exceeded 1247 billion euros‚ with an underlying net profit of 3893 million euros‚ employed around 105000 people‚ serve over 85 million customers‚ across 40 countries. Its mission
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FOREIGN TRADING SYSTEMDATE:SRSINTRODUCTION This project emphasizes about the Foreign Trade System which is an interface between the Accountholder and the market. In the initial phase details about the various currencies and the profit and loss of currency hold is collected PROBLEM STATEMENT: The practice of currency trading is also commonly referred to as foreign exchange‚ Forex or FX for short.All currency has a value relative to other currencies on the planet. Currency trading system uses
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Analysis of online trading and Dematerialization INDUSTRIAL TRAINING REPORT An Organizational Study of Standard Chartered Wealth Managers & Study of the Investment pattern of individuals with special focus on online trading and Demat account This Industrial Training Report is being submitted in partial fulfillment of the requirements For the award of the Degree of MASTER OF BUSINESS ADMINISTRATION of BANGALORE UNIVERSITY The training has been undertaken by GURURAJ B H Reg. No. 08VWCM6023
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