“FULLER” CAPITAL ACCOUNT CONVERTIBILITY A boon or a bane! Abstract This is the era of competitive economies and India is one of the pioneers. In the recent years‚ India has been consistently moving towards becoming a developed nation with its IT and technical advancement‚ intellectual capital‚ off shoring and outsourcing to boast of. Capital account convertibility is one of the main features of developed economy. India’s inclination towards CAC‚ when the Tarapore committee first suggested
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first in the book of Exodus and second in the book of Deuteronomy. Though these two accounts may for all practical purposes seem identical‚ at a closer examination several differences begin to arise. Separated by several decades in time‚ by audience the accounts were directed to‚ and by what each account attempts to portray these versions begin to differ in meaning entirely. The primary difference between the two accounts of The Ten Commandments is one of time. The events recorded in Exodus and then
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data was taken from the production and account ing records for Casuccio Manufacturing‚ Inc. Unaudited 20X9 Audited 20X8 Audited 20X7 Operating Data Capacity in Units 450‚000 450‚000 450‚000 Production in Units 450‚000 400‚000 300‚000 Inventory in Units 32‚000 28‚000 21‚000 Financial Data ($000) Total Revenues 35‚200 27‚500 21‚200 Total Assets 23‚000 19‚500 15‚700 Accounts Receivable‚ Net 5‚900 4‚300 3‚900 Bad Debt Expense 175 135 105 Accounts Receivable Written Off 165 125 100 Required
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$60‚000 cash on the purchase of equipment costing $80‚000. The remaining amount was recognized as a one year note payable with interest rate of 9%. Jan 4 Purchased office supplies costing $17‚600 on account. Jan 13 Provided services to its customers and received $28‚500 in cash. Jan 13 Paid the accounts payable on the office supplies purchased on January 4. Jan 14 Paid wages to its employees for first two weeks of January‚ aggregating $19‚100. Jan 18 Provided $54‚100 worth of services to its customers
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not strict in observing the habit of saving. If from a young age students who get some pocket money learn to save a certain percentage of it every month‚ it will be helpful to them and to their parents. Kids are allowed to have recurring deposit accounts in
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is account receivable? Credit sales‚ sales on account b. How do accounts receivable differ from notes receivable? Notes Receivable arises when the seller asks for a note to replace an Accounts Receivable when the customer requests additional time to pay a past-due account. A promissory note is a written promise to pay a specific amount of money‚ usually including interest‚ at a future date. c. What is a contra asset? An account which offsets another account. A contra-asset account has
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receivables follow: Step-1. Obtain Aged Schedule of Accounts Receivable The auditor should obtain an aged schedule of accounts receivable as of the confirmation date. He or she should apply the following procedures to this schedule: Determine that totals are correct. Compare all or a selected sample of account balances with the account balances in the accounts receivable subsidiary ledger. Investigate credit balances. Step-2. Select Accounts for Confirmation Auditors have used‚ and some continue
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of the Pinnacle-Financials Excel file. Use the income statement information to prepare a common-size income statement for all three years. Use the information to identify accounts for which you believe there is a concern about material misstatements. Use a format similar to the following: Estimate of $ Amount Account Balance of Potential Misstatement e. Use the three divisional income statements in the Pinnacle-Financials Excel file on the Web site to prepare a common-size income
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and you will gain access to an account. This is how a facebook authentication cookie looks like: Cookie: datr=1276721606-b7f94f977295759399293c5b0767618dc02111ede159a827030fc; How To Steal Facebook Session Cookies And Hijack An Account? You can use variety of methods in order to steal a facebook authentication cookies depending upon the network‚ If you are on a hub based network you would just sniff traffic with any packet sniffer and gain access to victims account. If you are on a Switch based
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Questions 1. Where in the Current Account would the imported telecommunications equipment be listed? Would this correspond to the increase in magnitude and timing of the Financial Account? The imported telecommunications equipment would be listed in the Current Account as an imported of good. The other vendors that sold the equipment would be includee in the net other investment. This would correspond to the increase in net other investment so the Financial Account would have a large negative balance
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