Billing for goods sold or services provided to clients. Recording receipts from customers. Verifying and recording invoices from suppliers. Paying suppliers. Processing employees’ pay and the related governmental reports. Monitoring individual accounts receivable. Recording depreciation and other adjusting entries. Objectives of accounting Permanent Record Any business firm needs a permanent record of the transactions that it indulges in. These records could be vital for internal purpose
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The Boston Massacre took place on a Monday evening of March 5‚ 1770 around eight or nine o’clock. Several of the accounts say that snowballs were thrown at the soldiers so it is safe to assume that there was a decent amount of snow on the ground. However‚ based on weather patterns over the last 60 years‚ it is unlikely that snow was actually falling while the massacre took place. The testimony of Daniel Calef decreases the unlikelihood of snowfall that night because he talks of seeing the captain’s
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Principle of Accounts Notes Topic: Introduction to Principles of Accounts What is accounting? Accounting is the process of identifying‚ recording‚ summarizing and communicating financial information to interested parties so that inform judgments and decisions can be made. The Purpose of Accounting: 1) It provides reports on the financial position of an organization and the profitability of its operations. 2) It helps management to make effective and efficient decisions in
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Trump or Paul Ryan say they want to replace the ACA with "Health Savings Accounts" (HSAs)‚ they are also saying they want to replace Obamacare or Medicare or Medicaid with YOU paying for your healthcare. That means YOU pay for chemotherapy... YOU pay for all surgeries and hospitalization... YOU pay for all your family’s doctor visits‚ urgent care‚ ER visits‚ and prescription drugs out-of-our-pocket. A Health Savings Account is just a tax-free way for you to save up money to pay for your own medical
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Q i) Expalin in detail five basic accounts along with their types and examples Five basic Acounts 1. Assets 2. Liabilities 3. Capital/Owner Equity 4. Revenue/Income 5. Expenses Assets Assets are the resources owened by a business and are expected to give benefit for future operation Example: If you buy a land and it will give benefit in the future operation then it is your asset . if the land which you buy And in future you have to sell only then this is not your asset. If you built
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Student Name: Professor Name: Class Name: Date: A Brief Analysis of “The First Account of Creation” The myth “The First Account of Creation” describes the story presented in the Biblical book of Genesis‚ in which God creates the world (sky‚ water‚ land) and everything in the world‚ including plants‚ animals‚ and people. The myth is focused on several key ideas‚ primarily that God is the creator of everything and is responsible for dictating what his creation can do in order to survive (multiply;
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Reflective account on communication This assignment is a reflective account on communicating with a patient who cannot communicate verbally. To remain confidential I will call the patient‚ Patient A. I’m going to discuss the importance of non-verbal communication within a healthcare setting. Patient A was a 63 year old lady suffering from MND which resulted in her losing her speech. This was my first shift back from having a few days off and I returned to work on a night shift. Patient A was
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thank my teachers and my family members. I would like to thank most of all‚ God‚ whom I could not have finished this project without. Aims and Objectives The Aims and Objectives of this project include the following: To prepare all of the accounts and statements for the business “Pastry Delights” To provide the business with carefully thought out and reliable suggestions in order to make the business thrive To show the business how well or how badly they do for the two periods Description
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The first part of this Reflective Account describes what influences and events in my life have helped to develop my Personal Values. My grandparents taught me most of my basic ‘Personal Values’. I learned from an early age how to be polite‚ have good manners and respect my elders as failure to do so would result in getting sent to bed early. In those days I did not have a television in my room so in my eyes this was the ultimate punishment! They were not deeply religious people; my grandmother
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increasing for that 3 years period and a business has a relatively poor rate of return on asset.The current and quick ratio was decreased in 2012 to 5‚02 times and 2‚66 time but the business still be able to pay its debt‚ there is a problem with account receivable because the business still difficult to collect the money from debtor which caused the percentage still increasing and it hard for business to freeing inventory The business is considered good‚ because low amount of debt‚ the increasing
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