CHAPTER 2 DOUBLE ENTRY SYSTEM AND BALANCING OFF THE LEDGER OBJECTIVES. At the end of the chapter reader is expected to understand - what a double entry system is - peculiarity of double entry system in accounting. - how a transaction can be posted in order to adhere with double entry system. - what make up a ledger - how ledger can be balanced up. INTRODUTION To make a relevant disclosure of transaction in accounting sense‚ it is necessary to open up all the items affected by a transaction
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Cunningham1 (1986) identified five strategies used by firms for entry into new foreign markets: i) Technical innovation strategy - perceived and demonstrable superior products ii) Product adaptation strategy - modifications to existing products iii) Availability and security strategy - overcome transport risks by countering perceived risks iv) Low price strategy - penetration price and‚ v) Total adaptation and conformity strategy - foreign producer gives a straight copy. In marketing products
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International Marketing Plan Report (Pizza Hut) (Target Market-Nigeria) Submitted to: Dr. Jawahitha Sarabdeen Subject: Marketing in a Global Economy (TBS982) Due date: 5th December 2013 Prepared by: Nithin Suresh 4465702 Noel Philip 4471350 Mohammed
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CURRENT STATE OF EDUCATION IN NIGERIA INTRODUCTION/BACKGROUND: Education can be referred to as an act or process of developing and cultivating‚ whether physically‚ mentally or mortally‚ ones mental activities or senses; the expansion‚ strengthening and discipline of ones mind‚ faculty etc; the forming and regulation of principles and character in order to prepare and fit for any calling or business by systematic instruction. The result of these is determine by the knowledge/’skill acquired‚ the
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Journal entry 1 I saw that there was another riot today in the streets it consisted of the upper classes. They were mad because me and a few others because we go to the same school. One of them spotted me when I was looking at them when I was walking down the street. I turned and ran as fast as I could dodging into the alley by Teds grocery. Now that I think of it I should have ran the other way when I first saw them. Soon after the boy saw me he yelled out to let the rest of the group know. I
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Adjusting Entries Yvenie Desire ACCT205-1203A-11 June 9‚ 2012 Adjusting Entries Welcome to the company and as an accounting clerk for the department you will be working a lot with the accounting department and with me. I will be mentoring you on certain aspect of accounting and what needs to be done. First we’ll get started with why adjusting entries are necessary. “Adjusting entries ensures that the correct amount of revenues and expenses are recorded in a specified time period.” (Editorial
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Market Entry Strategy Limited Brands‚ parent company to Bath and Body‚ currently employs an integrated marketing plan for its distribution of the Bath and Body product line (L Brand International Strategy 2014‚ Para 1). This strategy could be combined with the prospect of a joint venture for a successful expansion into the United Kingdom market. Integrated marketing channels can be challenging to manage but they are the most effective way to connect marketing and customer service‚ providing
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Ironic Mode in Ezekiel’s Poetry by Prof. Dr. Ram Sharma The article is jointly written with Dr. Anshus Bhardwaj In an earlier time the writers had great crave for using satire and considered it as the greatest literary tool but as they came under the influence of western culture‚ they felt the need of doing something extra that would be helpful to make them extra-ordinary by making the distance between the writer and his craft. In this reference irony becomes a significant device and confers
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or will be received. The result is entries to Cash or Accounts Receivable. You must also make entries to remove the Asset from the books and to remove any Accumulated Depreciation on the books for that Asset. The result is that the sum of the debits will not equal the credits in this transaction. The account that will be used to balance the debits and credits is called Gain on Disposition of Fixed Assets. The following example will help explain these entries. Consider a machine is originally
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For Chemical Corporation‚ horizontal entry into the Vietnam market through a non-equity strategic alliance with independent distributers is our recommended course of action. We would enter into business cooperation contracts with interested distributers with the intent of creating a mutually beneficial relationship between distributers and the company. By pursuing this course of action‚ overall risk to the corporation is minimized in many ways‚ while at the same time providing a gateway to a new
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