In this paper the author will compare and contrast current and noncurrent assets. The author will also explain what the order of liquidity is and how the order of liquidity applies to the balance sheet. Assets are ordinarily subdivided into current assets and noncurrent assets. Current Assets is a balance sheet item which equals the sum of cash and cash equivalents‚ accounts receivable‚ inventory‚ marketable securities‚ prepaid expenses‚ and other assets that could be converted to cash in less
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Life Without Parole for Juveniles: Pros and Cons No doubt about it there is a lot of skepticism and grey area in terms of the death penalty and especially that of juvenile delinquents. As Americans we show little to no remorse when it comes to the death penalty. If we lift the death penalty for juveniles‚ what are we going to do with the juveniles that were convicted at a young age and are still incarcerated for the actions they committed? Outlawing life without parole would not be easy and will
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Concept. 9) Cartage paid on purchase of a new machine is debited to a) Cartage a/c b) P& L a/c c) Machine a/c d) Trading a/c 10) Rs.15000/-Custom duty paid on import of a machinery for modernization of a factory production during the current year & Rs.5000/- paid as import duty on purchase of raw material.What is the amt. Of capital expenditure? a) Rs.15000/b) Rs.5000/c) NIL d) Rs.20000/- 11) Amt.received from subletting a part of the office building is a revenue receipt‚What is
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Gabrielle Di Bernardo 7th grade Science 17/1/2015 Harry Potter Reveals Secrets of the Brain People sometimes describe reading as watching a movie in your head. Scientists have long wondered what creates such vivid images‚ and/or experiences out of simply reading a string of letters. A recent study evaluated all levels of reading‚ from word length and order‚ to plot‚ character‚ and even emotion. Its results reveal some of the ways our brains turn these words into such images. Computer Scientists
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EU ended sanctions against Myanmar Foreign ministers from the 27 nations in the European Union agreed in Luxembourg to lift trade and economic sanctions against Myanmar in recognition of the country’s ongoing democratic reforms‚ but arms embargo would stay in place. Earlier hundreds of people were targeted by a travel ban and asset freeze‚ while on the economic front the EU had barred investments and banned imports of the country’s lucrative timber‚ metals and gems. Whereas In April last
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ROLE OF RELIGION IN SOCIETY:- Religion is the inner side of the civilization H.D.Majar Religion is the opium of people Karl Marx Religion does not consist in mere words…caste is non-sense. Those who love God love everybody. Guru Nanak Man can’t live by bread alone Bibical Man‚ is a social animal‚ is also a religious or spiritual being. Religion is major concern of man. Man has not only social‚ economic and biological needs but also spiritual needs fed by religion
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Current Assets vs. Non Current Assets Current assets are listed on the balance sheets in accounting. The total of all the cash that you have in your business or account is your current assets on your balance sheet. These assets include the following: cash‚ accounts receivables‚‚ inventory‚ marketable securities‚ prepaid expenses‚ and anything else that you can think of that could be convert to cash in less than a year. When a company goes bankrupt the assets of a company are important because
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United States of America. Single sex education is quickl y taking over as the new ‘norm’ in education. Howe ver‚ separating males and females leads to gender stereotypes and inequality between women and men. Even though some students perform better in single -sex academic settings‚ the vast majority would be served in a mixed gender school. In June 1972‚ President Richard Nixon passed Title IX‚ which prohibits sex discrimination in educati onal programs that receive federal funding. Many
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Scenario Solution LANCELOT PALMER HSM/220 JANUARY 26‚ 2015 SHANA NICHOLSON Scenario Solution To create opportunity for all through education‚ training and personal development. It can be difficult for a high school graduate to find employment because of their lack of experience and training‚ this is magnetized when the student becomes a dropout. A large percentage of high school dropouts are doomed to a life of failure‚ because they are not equip with the basic tools to gain gainful or any other
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per gallon to produce. Based on an analysis of current inventory levels and outstanding orders for the next month‚ Photo Chemicals’ management has specified that at least 30 gallons of product 1 and at least 20 gallons of product 2 must be produced during the next 2 weeks. Management has also stated that an existing inventory of highly perishable raw material required in the production of both fluids must be used within the next 2 weeks. The current
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