Task 1 Accounting record is defined as the all of the documentations involved in the preparation of financial statements and records which are relevant to financial review and audits which include recording of assets and liabilities‚ ledgers‚ journals‚ and any other supporting documents like invoices. Ledger: Maintaining ledger is a must in all accounting system. Ledger is used for preparing trial balance which checks the arithmetical accuracy of the accounting books. Ledger is the store-house
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TASK 1 (PART A) LIT 1 SOLE PROPRIETORSHIP: The owner and the business are considered one. The owner takes all the risk and receives all the profits. It is easy and inexpensive to start up a sole proprietorship however a sole owner has trouble raising capital which could limit growth. • LIABILITY –If the business fails the owner is financially responsible and my lose everything. • INCOME TAXES – The proprietor and the business are taxed together. • LONGEVITY/CONTINUITY – The business dies
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Task 1: AC1.2 There has been a Red alert at the local General Hospital‚ which has a major accident unit. A numbers of people have been involved in car crashes on the motorway. The Emergency & Accident department has dispatched the Major Accident Team to the scene of the accident. The paramedics’ main role is to bring the nurses and doctors to the accident scene and deliver patients to the A/E department. On the other hand‚ nurses and doctors would stabilise the patients. They will work to together
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The purpose is to be able to forecast revenues and expenses and create a business model that operates effectively to make sure overhead can be paid. ------------------------------------------------- Top of Form Income Statement | | Quarter 1 | Quarter 2 | Quarter 3 | Quarter 4 | Gross Profit | Revenues | 0 | 2‚073‚055 | 6‚888‚870 | 8‚280‚065 | - Rebates | 0 | 63‚375 | 204‚750 | 238‚875 | - Cost of Goods Sold | 0 | 1‚607‚135 | 4‚380‚818 | 5‚254‚248 | = Gross Profit | 0 | 402‚545
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UNIT 3: Introduction to Marketing – (Patricia) Task 1 – This task addresses P1: describe how marketing techniques are used to market products in two organisations. To: Patricia From: Fehime Karamanoglu Subject: Marketing Techniques Date: 23/10/2014 1.0 Introduction This report provides further and thoroughly detailed research into the companies‚ McDonalds and Lewisham Southwark College (LeSoCo). This research has been gathered in order to examine and research the marketing techniques used in
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Task 1; 1.1-Explain the innate drive for children to play; Innate drive for children to play is very important because this is how children develop their skills and the different development stages throughout their life. Children are born with a natural drive for them to play. Play is a Psychological‚ Physiological and a Social need for them to have the impulse to have play. Also it is fundamental to the healthy development and it helps the well-being of individual’s and the different communities
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DNA and RNA Replication Deborah J Brooks Biochemistry (GRT1) Task 1 Western Governors University Objectives DNA Replication at Biochemical Level Role of Ligase Role of mRNA Role of RNA Polymerase Inhibition related to the death cap mushroom Introduction Nucleic acids are required for the storage and expression of genetic information. There are two chemically distinct types of nucleic acids. DNA (deoxyribonucleic acid). The repository of genetic information. RNA (ribonucleic acid)
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A1. a. Horizontal Analysis INCOME STATEMENT Years 6 and 7 REVENUE Net sales for Competition Bikes‚ Inc. increased 33% from year 6 to year 7. This yielded a 31.8% increase in costs of goods sold. Gross profit in year 7 was up by 37.5%. This is done by subtracting the cost of goods sold (3‚294‚000) from net sales (4‚485‚000) and resulting in the 37.5%. Their overall net earnings increased 313.4% in the course of year 6 to year 7. That is roughly three times their previous earnings. This growth
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Chapter 6 Forecasting Case Problem 2: Forecasting Lost Sales 1. The data used for the forecast is the Carlson sales data for the 48 months preceding the storm. Using the trend and seasonal method‚ the seasonal indexes and forecasts of sales assuming the hurricane had not occurred are as follows: Month Seasonal Index Month Forecast ($ million) January 0.957 September 2.16 February 0.819 October 2.54 March 0.907 November 3.06 April 0.929 December 4.60 May 1.011 June 0.937 July 0.936
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RJCT TASK 1 SUPPLY CHAIN Theo Adams April 6th‚ 2013 A. Fourth Quarter Cumulative Balanced Scorecard Balance Sheets for the four quarters A. Income Statement for the four quarters B.1. To evaluate how I utilized both budgets and pro-formas to ensure the adequacy of funds for providing production capacity that was needed to achieve the businesses goals. I want to first start with the definition of both pro-forma and budget; A budget is a basic idea that covers more than a few areas
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