(Also known as "T" Account and Account) Having passed the double or journal entries‚ the next step is to post these double or journal entries into Ledger accounts. Ledger account or an account is simply the classification of double entries which we have made in General Journal or any other journal. In an account we bring together all similar entries in one place. For example a company has purchased goods on 4th and 7th January‚ we would put both entries in purchases account because of their similar
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more tires for big trucks F Supply of tires will be more G Supply of tires will be less Chapter 4 3. What are the major determinants of price elasticity of demand? A Bottled Water-Elastic B Toothpaste-inelastic C Crest-Elastic D Ketchup-Inelastic E Diamond Bracelet-Elastic F Microsoft Windows-inelastic Problem 4. Danny Dimes Donahue‚ at $1.50 each price is elastic‚ at $1.00 price is inelastic. Chapter 5 4. Use the distinction between the characteristics of private and public goods . A Private‚ good
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Unit 5 Principles of Safeguarding and Protection in Health and Social care. 1. How to recognise signs of abuse: Definition of types of abuse and yours respective signs: 1.1.1 Physical Abuse: According with NCPEA (National Committee for the Prevention of Elder Abuse) Physical Abuse is a physical force or violence that results in bodily injury‚ pain or impairment. It is a non-accident use of physical force resulting in body harm. Eg. Pushing‚ force feeding‚ burning‚ scalding‚ etc. 1.1.2
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c. 2. d. e. labor unions all of the above statement of owner’s equity income statement balance sheet d. e. both b and c all of the above This account does not appear on the income statement: a. b. c. 6. lenders prospective owners customers Expenses can be found in the: a. b. c. 5. balance sheet balance sheet and journals balance sheet and income statement income statement none of the above External users of financial accounting information
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A guide to Consolidated accounts A SIMPLE GUIDE TO CONSOLIDATED ACCOUNTS This is a basic guide prepared by the Technical Advisory service for members and their clients. It is an introduction only and should not be used as a definitive guide‚ since individual circumstances may vary. Specific advice should be obtained‚ where necessary. Requirement to Prepare The Companies Act 2006 gives exemption from the requirement to prepare group accounts to small groups but not medium sized groups
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Outcome 1 Understand working relationships in health and social care. 1. 1 Explain how a working relationship is different from a personal relationship. A working relationship or professional relationship is always work related where as a member of a team you agree to work within set guidelines‚ working towards common goals with a set purpose. A personal relationship is usually family orientated or close friends
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them. (3) Your colleague‚ senior manager of Sales & Marketing‚ is confused with the amount of information available in financial reports. In your course of enlightening him‚ you stressed the importance of Malaysian Accounting Standards (MASB) / Financial Reporting Standards (FRS) & he asked you what purpose these serve. Required: Briefly state the basic purpose of MASB / FRS. (4) Briefly explain the business entity concept & its impact on the recording of transactions. (5) Explain
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Principles of Accounts School-Based Assessment On Blanna’s Fashion Boutique Submitted by : Anna Kay Blake Registration number: 1000290074 Submitted To: The Donald Quarrie High School School code: 100029 Territory: Jamaica This project is submitted in partial fulfillment of the requirements for certification in Principles of Accounts by the Caribbean Examinations Council
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Barbados; To find out the positive and negative impact technology has had on accounting for business in Barbados; To fully understand the extent to which technology can be used in accounting; To satisfy my interests in this topic. INTRODUCTION This internal assessment focuses on the impact of technology on accounting. Accounting is the systematic process of collecting‚ recording‚ classifying‚ analysing and communicating financial information. Traditionally‚ accounts were prepared manually using
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Principles of Accounts A Handbook is prepared mainly for the purpose of helping the grade 8 students who are new to this subject. In this book we have included all the topics to be covered in grade 8. Each topic is serially numbered. At the end of each topic‚ a large number of descriptive‚ multiple choice and gapped questions‚ which are related to that topic‚ are given. Gapped questions are included mainly for improving the students’ knowledge of theory. The multiple choice and descriptive
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