b) If the trial balance can be ‘in balance’ and still have errors‚ give examples of the type of errors that can occur leaving the trial balance in balance. For example‚ if $523 is the correct amount to be entered for both credit and debit side but entered $532‚ trial balance will show the same amounts for both debit and credit side but contains error. In addition‚ reverse entries can cause trial balance to be in balance but still contains error. For example‚ instead of recording debit
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Martha Graham once said‚ “Nobody cares if you can’t dance well. Just get up and dance. Great dancers are great because of their passion.” In Center Stage‚ a 2000 movie directed by Nicholas Hytner‚ the audience is taken into a journey of ambitious young dancers in hope that they will use Graham’s advice in their own career. The movie begins with an audition for a ballet company in which the judges are basing their decision off of comparison rather than skill and individuality. From that moment on
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Summary Purposes of the Balance Sheet 1. A balance sheet‚ or statement of financial position‚ summarizes the financial position of a company at a particular date by reporting the economic resources (assets)‚ the economic obligations (liabilities)‚ and equity. It reports a company’s resource structure (major classes and amounts of assets) and its financial structure (major classes and amounts of liabilities and equity). It is a detailed explanation of the basic accounting equation: Assets =
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1. A NSF check should appear in which section of the bank reconciliation? (Points : 2) Addition to the balance per books. Deduction from the balance per bank. Addition to the balance per bank. Deduction from the balance per books. | 2. A consequence of separation of duties is that (Points : 2) theft by employees becomes impossible. operations become extremely inefficient because of constant training of employees. more employees will need
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LIFE BALANCE Table of Contents 1. Executive Summary 3 2. Introduction: Work Life Balance 3 3 Theories of Work Life Balance 4 i. Spill over theory 4 ii. Compensation Theory 4 iii. Strategic choice theory 4 iv. Stakeholder theory 5 v. Resource Based View 5 4. Work Life Balance Policies 6 5. Work life balance from an employee’s perspective 9 6. Work life balance from the employer’s perspective 10 7. Conclusion: Is Work life Balance achievable
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Question 1. Comment on the micro and market environments of Pick n Pay and also comment on the macro environments that may affect the company in 2014. Pick n Pay. Micro environment: The micro environment is the smallest of the three environments. This is the environment that is influenced by the market and the macro environments. Pick n Pay can control their beliefs and visions in such a way that customers become used to the way they operate. Some of their values include: honesty‚ integrity
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Discuss the importance of the Balance of Power with reference to the relevant theory in international relations. Introduction The concept of Balance of Power is a tenet of Realism that seeks to explain the formation of alliances in international relations. This is done in the context that Realism as a Theory argues that states as actors in the international system act out of self interest‚ need to survive in a hostile environment and to maximise profit. Balance of Power can be understood best
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classification of Accounts according to accounting equation approach with its meaning and examples. Compare the traditional approach with modern approach of accounting equation approach. Analyze the transaction under traditional approach. a. b. c. d. e. f. g. h. 20.1.2011 Paid salary Rs. 30‚000 20.1.2011 Paid rent by cheque Rs. 8‚000 21.1.2011 Goods withdrawn for personal use Rs. 5‚000 25.1.2011 Paid an advance to suppliers of goods Rs. 1‚00‚000 26.1.2011 Received an advance from customers
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Acid/Base Balance NAME 1. Match each of the definitions in Column A with the appropriate description in Column B. Column A Column B F 1. pH E 2. acid D 3. base A 4. acidosis B 5. alkalosis C 6. carbon dioxide a. condition in which the human body’s pH levels fall below 7.35 b. condition in which the human body’s pH levels rise above 7.45 c. mixes with water in the blood to form carbonic acid d. substance
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Introduction to the Analytical Balance ABSTRACT The objectives of the experiment include illustration of the use of analytical balance‚ studying the precision of weighing made with it and evaluating the common error encountered in weighing. Weight of the vial‚ the cap‚ vial with cap and the vial that was induced with the factors affecting the sensitivity of the balance (e.g. moisture) were determined. As seen‚ there were significant differences on the weights though there were some errors
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