Case Chapter 7 Cash and Receivables 1. Petty Cash (10 min.) The petty cash fund of $200 for Walsh Company appeared as follows on December 31‚ 2008: Cash $93.60 Petty cash vouchers Freight in $21.40 Postage 40.00 Balloons for a special occasion 18.00 Meals 25.00 Instructions 1. Prepare the journal entries required to establish the petty cash fund. 2. Prepare in general journal form the entry to replenish the fund. 3. On December 31‚ the office manager gives instructions
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Cash Transfers to end poverty – Over-ambitious economic policy or a welcome change to eliminate corruption in the Public Distribution System? A study of the benefits of the Cash Transfer scheme to India’s poorest and its economic viability Shrinidhi Rao 210063 Word Count – 3501 [including footnotes] Introduction – From January 1st‚ 2013‚ hundreds of thousands of India’s poor across 20 districts will benefit from the logical end of signing on to
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at first is the colour‚ blue. Blue is known as the coolest colour. The reason blue is my favorite reason is that of all the colors in the spectrum blue compliments almost all other colors. Blue is the master of backdrops. Interestingly‚ blue is the color of the universe and nature such as sky‚ ocean‚ sleep‚ twilight. Besides that‚ blue is the color of inspiration‚ sincerity‚ modernatization and spirituality. Blue is often the chosen color by conservative people. Blue is the calming color that
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Official Cash Rate The Official Cash Rate (OCR) is the interest rate set by the Reserve Bank of Australia to meet the inflation target specified in the Policy Targets Agreement. The current agreement defines price stability as annual increases in the Consumers Price Index (CPI) of between 2 and 3 per cent on average over the medium term. A media release is issued at 2.30 pm after each Reserve Bank Board meeting‚ with the Board’s decision taking effect the following day. Changes to the official
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m. evening before discussion Be prepared to discuss the case in class (your answers‚ your analysis‚ etc.) 1 Valuation - Use NPV approach How to make investment decisions: 1. Estimate (expected) cash flows in each time period 2. Choose an appropriate discount rate 3. Use discounted cash flow analysis to calculate NPV 4. Make decision that maximizes NPV Fundamental principle: V(A+B)>V(A)+V(B) Value driver:1)Eliminate overhead 3) Leveragen brom dname Pay its=D(P)(P-VC)-FC V(Pinkerton
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introduced. However‚ there have been issues associated with the efficiency and effectiveness of the same. Rampant leakages and corruption have made many of the schemes and programs dysfunctional. Direct Cash Transfer to the poor has been aimed to mitigate these malaises. Need for Direct cash Transfer: Recent studies by the Planning Commission have shown that the Public Distribution System has become so inefficient that 58% of the subsidized grains do not reach the targeted group and almost
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Rhythm and Blues What is Rhythm and Blues? Rhythm and Blues‚ or R and B‚ can be used to describe the stylish urban music that grew out of the urbanization of the blues. It is a form of popular music based on a mixture of blues and black folk music. Its melody is simple‚ but has strong repetitious rhythms. It has been influenced by jazz‚ jump music‚ as well as by black gospel music. R and B got its roots from the blues‚ and took upon some of the blues principles such as‚ the
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INTRODUCTION to E-cash payment system With the onset of the Information Age‚ our nation is becoming increasingly dependent upon network communications. Computer-based technology is significantly impacting our ability to access‚ store‚ and distribute information. Among the most important uses of this technology is electronic commerce: performing financial transactions via electronic information exchanged over telecommunications lines. Most electronic commerce involves the exchange of money for
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Headline: Mad Cow Disease Symptoms Keywords: Mad Cow Disease‚ Symptoms‚ humans‚ cattle Page Description: Mad cow disease is a neurological disorder that affects cattle. It is an infectious disease can also affect other species including humans. Symptoms of this disease are usually psychiatric. This disease is incurable and fatal. Text: { Mad Cow Disease Mad cow disease is a neurological disorder of cattle that can be transmitted to humans. In humans‚ mad cow disease is known as Creutzfeldt-Jakob
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Blue‚ the Supreme Court of Pennsylvania [PA] reversed the decision of the Lehigh County Court of Common Pleas that had entered an order requiring a father to contribute $4‚600 a year towards his son’s college expenses. In addition to the award of support‚ the trial court had mandated that the son apply for financial aid to compensate for the difference in the tuition costs. The Court recognized in Blue that even though it was not a typical issue of
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