profit and unappropriated profit. what is the accumulated profit and why do accountants and bookkeepers use different names for the same thing? (6 marks) Accumulated profits is profits that are not paid as dividend but is transfered over to the accounts for the next year. Also can be used to reinvest in the core of the business to help pay off debts or to purchase a capital asset. The reasons why accountants and bookkeepers use different names for the same thing is because bookkeepers are the people
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Fixtures and fittings $000 $000 250 100 350 Current Assets Stock Debtors Cash Current Liabilities Creditors for supplies Accruals Bank 1540 820 3 2363 1210 192 203 1605 758 1108 25 910 Share capital – Ordinary shares Retained profits Loan accounts – Bracket Racket 104 69 173 1108 The company accountant resigned at the beginning of April 2002 and proper records were not kept for the six-month period 1 April to 30 September 2002. The following information is available for that six-month period
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Transactions Show Journal entries to record the following transactions. Post them into appropriate Ledger Accounts and then extract a Trial Balance on 31st December‚ 2012: 2012 Jan 1st: Commenced business with cash Rs 1‚00‚000. Jan 10th: Bought office equipment worth Rs 40‚000. Jan 25th: Purchased goods worth Rs 25‚000; less 10% trade dis. on credit from Rahul. Feb 4th: Purchased office stationary worth Rs 500. Feb 9th: Paid premium for fire insurance Rs 5‚000 Feb 20th: Sold goods on
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UNIVERSITI UTARA MALAYSIA UUM COLLEGEOF BUSINESS SCHOOL OF ACCOUNTANCY COURSE CODE : BKAL1013 COURSE : BUSINESS ACCOUNTING PRE-REQUISITE : NONE 1.0 COURSE SYNOPSIS This course is designed specifically for students from non-accounting disciplines. It is divided into two sections‚ i.e. financial accounting and management accounting. Students will be exposed to accounting concepts‚ principles and assumptions. They would be able to assess
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Money is everybody everyday thing. Money is everywhere‚ at all the time. People wake up in the morning wondering when the next time money is going to be in their pockets. Parents can teach teenagers how to earn money‚ how to manage it and how to save it through both discussion and example. Create a long-range budget for a year or more‚ one for the school term‚ and a short-term budget for each month. Keep paperwork. Keep receipts‚ bills‚ cancelled checks‚ and credit card statements in a jar or
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Individual Assignment Introduction to Financial Accounting (ACC106) Mega Lawa Trading is a sole proprietorship business owned by Milah Mela. Transactions below are the business activities for the month of December 2013. Date Transaction Effects of Transaction Principles of Double Entry 1 Started a business with a cash at bank for RM 15‚000 and cash in hand for RM 10‚000 3 Purchased machinery on credit from Happy Machine Supplies amounted to RM 90‚000 4 Bought inventories
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nutrient Metabolism Dietary Chromium Supplementation with or without Somatotropin Treatment Alters Serum Hormones and Metabolites in Growing Pigs without Affecting Growth Performance1«2 CHRISTINA M. EVOCK-CLOVER‚3 MARILYN M. POLANSKY‚* RICHARD A. ANDERSON* AND NORMAN C. STEELE Nonruminant Animal Nutrition Laboratory and *Vitamin and Mineral Nutrition Laboratory‚ USDA-Agricultural Research Service‚ Beltsuille‚ MD 20705 increase in insulin internalization in rat muscle cells (Evans and Bowman 1992)
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NICOLA O’CALLAGHAN UNIT 8 4.1 4.2. 4.3 5.1 5.2 5.3 6.1 6.2 Induction Moving & Handling Manual Handling Operations Regulations 1992 (MHOR) As amended 2002. This reflects the musculoskeletal that relates to up to half of all work related injuries and ill health. Employers have to comply with the updated regulations these consist of lifting‚ loading‚ pushing pulling‚ carrying or moving Lifting Operations and Lifting Equipment regulations 1998 (LOLER) A specific requirement for lifting and lowering
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Materials Handling Belt‚ chain and screw conveyors and bucket elevators. Vertical and horizontal conveying by a variety of methods. Conveyor selection depends on material and application. Options include fugitive dust containment‚ multiple inlet and discharge points‚ variable speed conveying‚ product weighing and tramp metal separation. Note by MD. ROKUNUZZAMAN Assistant Professor Department of Mechanical Engineering Rajshahi University of Engineering & Technology 1.1 Definition: Materials handling
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[pic] Good planning is central to successful teaching - and effective planning requires a clear set of learning objectives. In order to generate learning objectives‚ you need first to check the syllabus requirements. These may be expressed in a variety of ways. For example‚ they may be given as topic headings‚ or learning outcomes‚ or competence statements. The precise form varies according to the type of qualification. In order to understand the uses and characteristics of learning objectives
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