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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m.Module 3 CAPITAL BUDGETING Meaning of Capital Budgeting :- Capital Budgeting is the process of making Decisions regarding long term investments in Fixed Assets which are not meant for sale. It is long range planning to employ the available capital for the purpose of maximizing the long term profitability of the concern. Definition of Capital Budgeting:- Prof I.M.PANDEY Defines Capital Budgeting as the firms decision to invest its current funds most efficiently in long term activities
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TASK SHC 23 1.1 Explain what is meant by Diversity-Everyone is individual and different‚ valuing differences. Equality- Opportunities to develop and learn while their physical and emotional safety and well being are being protected. Children are given access to same opportunities Inclusion- is a process of identifying and breaking down barriers to participation and belonging. Discrimination- when people are judged about their culture‚ gender‚race‚lifestyle‚age.
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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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Learner’s Plans / Records | | Professional Discussion | | | Recognition of Prior Learning | | Reflection on own practice | | | Other (please state) | | Expert witness evidence | | | | | | | | | | | Recording of Evidence | Unit | AssessmentCriteria | The duty of care is a requirement that a person act toward children in their care with watchfulness and attention. To have a duty of care in child care means to keep children and young people safe and to protect them from sexual
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During the time of my career working as an LPN‚ I decided to work on a Sub-Acute unit in a nursing home. The unit consisted of 30 beds and each nurse assigned 15 patients. One night during the evening shift‚ I noticed the other nurse administering medications in the hallway to a patient in a wheelchair. I approached the nurse and questioned if it is appropriate to dispense medications in the hallway related to the policy of the company. I further elaborated on during orientation‚ the preceptor
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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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Created on 31/07/2012 18:14:00 PRESENTED BY MONICA BELALCAZAR COMMUNICATION IN CHILDREN’S INTRODUCTION TO & YOUNG PEOPLE’S SETTINGS SHC21 1.1 IDENTIFY THE DIFFERENT REASONS WHY PEOPLE COMMUNICATE In order to contribute to positive relationships‚ you will need to demonstrate and model effective communications skills in your dealing with others. This means that you should consider both how you approach other people and how you respond to them. We are more likely to
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Unit 34 Principles for implementing duty of care | Criteria Ref |Outcome 1 | | |Understand how duty of care contributes to safe practice | |1 |Explain what it means to have a duty of care in own work role |
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