Types of Receivables Accounts Receivable: amounts due from customers for sales on credit. Businesses sell to customers on credit in an attempt to increase their sales. Also called Trade Debtors. Bills Receivable: similar to accounts receivable but bills receivable are a legal instrument. Interest is charged on the bill receivable and it usually gives more time to pay than accounts receivable. interest receivable‚ rent receivable Accounts Receivable Recognition of accounts receivable Recorded
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1st Draft Wal-Mart’s Destruction Many large corporations has bribed millions of customers into their enterprises with the mind state of cheap goods. Little do the customers know‚ the quality of the products is terrible. Wal-Mart being the biggest incorporation in the United States has destroyed many local businesses and communities across the nation. Surprisingly thrown in local towns‚ selling low priced items‚ patronizing the eyes of the consumers with low quality products. Founder‚ Sam
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Tutorial 1 (1a) Which one of the following is an example of an internal stakeholder? A A shareholder B Investment analyst / consultant CA manager DA supplier (1b) The original role of the accounting function was which one of the following? AProviding management information BRecording financial information C Maintaining financial control D Managing funds efficiently (1c) The major purpose of the Malaysian Accounting Standards Board (MASB) is to ensure consistency in ___________
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A PROJECT REPORT On Demat Account A project Report submitted In partial fulfillment of the requirements for the award of the degree of MASTER OF BUSINESS ADMINISTRATION (INDUSTRY INTEGRATED) TO [pic] MADURAI KAMARAJ UNIVERSITY‚MADURAI BY PRAVEEN KUMAR Reg No.A8750123 Under the guidance of MS.Srishti Sharma RAI BUSINESS SCHOOL 56/1‚NEAR DEPOT SQUARE‚BHADBHADA ROAD‚BHOPAL (M.P.) PREFACE The successful completion
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REFLECTIVE ACCOUNT. Unit 1- 1.1‚ 1.2-This is a reflective account of the things I have done‚ experience and knowledge I have gained throughout the assessor ’s course mainly during the process of assessment. First‚ I would like to describe the definition of assessment‚ its key concepts‚ stages to show the knowledge and understanding I have gained throughout the course. An assessment is a pre-agreed formal session with the learner. Assessment is judging performance against an agreed standard and
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EXAM SAMPLE EXAM 1. The accounting process does not include: a. b. c. 2. d. e. labor unions all of the above statement of owner’s equity income statement balance sheet d. e. both b and c all of the above This account does not appear on the income statement: a. b. c. 6. lenders prospective owners customers Expenses can be found in the: a. b. c. 5. balance sheet balance sheet and journals balance sheet and income statement income statement
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Creative Destruction of Jobs Czech Author Karel Capek‚ the man who coined the term robot‚ an army of mechanical monsters that succeeded in taking over the world‚ in his 1921 play R.U.R. Today‚ real-life versions are starting to find places in factories and plants‚ which are taking over a number of our industries most monotonous jobs. Unlike the robots of the past‚ which are usually stationary and must be manned by production workers‚ these newer‚ smarter‚ industrial robots can be moved from job
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hide their dirty deeds or to remain oblivious to those who are dubious. Everyone has a mask‚ a cover‚ a veil‚ it is a play that has a powerful theme‚ that the surface only shows so much revealed‚ in the opening scene. Masks provided the path to destruction for Macbeth but they also allowed for other characters to survive by disguising their true feelings toward the tyrant ruler. The first clear example that shows up in the play is that of the Thane of Cawdor. The Thane betrays the King and is charged
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Become Fashionista is the main key word of La Sape. La Sape is a social movement occurs in Congo who devote their income to purchasing fine clothing and accessories‚ assuring they innovate the morale of their neighborhoods by being an example of couture and courtesy to others. Congo is well known as poverty country and interminable with civil conflicts. This is not the way cease La Sape “dream” to express their lavish apparel. The story of La Sape began when French colonization entered to Congo
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National Accounts • Gross Domestic Product (GDP) measures the final value of all goods and services that are produced within a country in a given time period. • There are 4 types of expenditure: 1. 2. 3. 4. Consumption: expenditure by domestic residents Investment: expenditure by firms on plants & equipment Government purchases: expenditure by governments on goods and services Net exports (exports minus imports): net expenditure by foreigners on domestic goods and services 1 GDP
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