Goods/Stock purchased or sold being returned is quite a common practice in business. This may be on account of a number of reasons like defects in goods‚ quality not matching the requirement for which the buyer purchased it‚ the buyer not needing the stock‚ etc. This happens both in case of goods purchased as well as goods sold by the organisation. Where the goods sold are being returned we call it "Sales Returns" and where goods purchased are being returned we call it "Purchase Returns"
Premium Bookkeeping Asset Balance sheet
Pi is an ancient and wonderful Number to the World of Mathematics invented with the Geometrical structure Circle. CIRCLE It is felt that the creation of the Circle is not created by the man himself but came through the inspiration of Nature itself. The shape of Sun‚ Full Moon‚ Eyes are some examples for it. Some basic things : There are 3 major parts to remember. Radius : The straight line drawn to the Circumference of the Circle from the Centre
Premium
EXERCISE 16-13 (15–25 minutes) 1/1/14 No entry (total compensation cost is HK$450‚000) 12/31/14 Compensation Expense 225‚000 Share Premium—Share Options (HK$450‚000 X 1/2) 225‚000 12/31/15 Compensation Expense 225‚000 Share Premium—Share Options 225‚000 5/1/16 Cash (9‚000 X HK$20) 180‚000 Share Premium—Share Options 405‚000* Share Capital—Ordinary (9‚000 X HK$5) 45‚000 Share Premium—Ordinary 540‚000 *(HK$450‚000 X 9‚000/10‚000) 1/1/18 Paid-in Capital—Share Options
Premium Generally Accepted Accounting Principles Revenue Balance sheet
PROLOGUE THE train swayed and rocked as it traveled through the Raccoon woods‚ the thunder of its wheels echoed by a thundering twilight sky. Bill Nyberg rifled through the Hardy file‚ his briefcase on the floor at his feet. It had been a long day‚ and the gentle rocking of the train soothed him. It was late‚ after eight‚ but the Ecliptic Express was mostly full‚ as it often was for the dinner hour. It was a company train‚ and since the renovation—Umbrella had gone to great expense to make it classically
Premium
1991 - 1999 : Raising the Profile of MAICSA e-mail print With these epochal and momentous events behind it‚ MAICSA entered the decade of the nineties stronger and surer of itself. A series of memorable events marked the chairmanship of Mardzuki Abdullah who served for two years from 1990 to 1991. The year 1991 witnessed the first convocation ceremony for ICSA graduates held on 27 July. It was officiated by Datuk Dr Fong Chan Onn‚ the Deputy Minister of Education. It was a historic and personally
Premium Corporation Governance Corporate governance
Zero-based budgeting starts from a "zero base" and every function within an organization is analyzed for its needs and costs. Budgets are then built around what is needed for the upcoming period‚ regardless of whether the budget is higher or lower than the previous one. Because of its detail-oriented nature‚ zero-based budgeting may be a rolling process done over several years‚ with only a few functional areas reviewed at a time by managers or group leadership. Zero-based budgeting can lower
Premium Budget Budgets Cost
Finnish holidays are similar to the Western Christian calendar and Protestant traditions. Holidays and traditions are a blend of the thousand-year old Christian presence and vestiges of old Finnish pagan traditions. Notable among these is Juhannus‚ the Finnish Midsummer. A majority of Finns retreat to summer cottages (mökki) on any one of Finland’s numerous lakes. Depending on the region‚ a bonfire at midnight celebrates the summer solstice‚ and in the Åland Islands‚ the Swedish-originated tradition
Premium Finland Bathing Christmas
in the individual accounts in ledgers. 4. Create preliminary trial balance 5. Adjusting entries 6. Create adjusted trial balance of the accounts 7. Combine sums in various accounts 8. Close books for current month Permanent accounts are also known as real accounts. These are accounts that do not close at the end of the accounting year. The permanent accounts are all of the balance sheet accounts (asset accounts‚ liability accounts‚ owner’s equity accounts) except for the owner’s
Premium Balance sheet Income statement Generally Accepted Accounting Principles
“An investigation to explore how the management of zero hours contracts affects the employees of Abercrombie & Fitch – London” TABLE OF CONTENTS 1. Introduction………………….………………………………………........................4 2. Literature Review…………….…………………………………….........................4 3. Purpose Statement……………………….……………………………………........6 4. Objectives...........................................................................................................6 5
Premium Qualitative research Data analysis Research methods
Balance of Payments MEANING : Balance of payment can be defined as systematic record of all economic transactions between the residence of one country and the residence of another country during a given period of time.Economic transactions can broadly be categorized in to four heads which are: 1. VISIBLE ITEMS : visible items include all those tangible goods which can be imported and exported. These are visible as they are made up of some matter or material. this is known as merchandise also.
Premium International economics Balance of payments Bretton Woods system