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"
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potential vendors‚ or other interested parties. An account system is also important to process sales‚ purchase orders‚ invoices‚ payroll‚ and other business functions manually. The accounting system must be scalable‚ secure and gather data feed from other business systems to collect up-to-date business finances. The installed REMS came with the following Finance and Accounting Financial Modules: General Ledger Module‚ Accounts Payable Module‚ POS module‚ Bank Reconciliation Module‚ Asset
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it will be recorded in the purchase journal‚ once it has been certified as a valid invoice. After the journal entries‚ the next step is to post the journal entries into account. Ledger Account also known as “T” Account and Account. Ledger accounts categorize these changes or debits and credits into specific accounts‚ so management can have useful information for budgeting and
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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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practice. You must choose a nursing topic that you feel needs to be addressed in order to improve nursing standards/ practise. You are required to develop recommendations for future professional development for nurses. Sample topics: sharp’s disposal‚ preventing hospital acquired infection‚ new nursing management for diseases / illnesses‚ falls prevention etc. Your essay will need to incorporate your reflection on your clinical experience over the past 2.5 years and is what should guide your topic of choice
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Preventing Racism The definition of racism is a belief that a race is “superior” over all other races. Since the dawn of time‚ racism has been present amongst man. When a group believes that they possess diverse traits others do not‚ they believe that makes them “superior”. The history of man is riddled with examples of races being persecuted because they were “substandard”. Racism must stop in order for society to move forward. Everyone must be treated equally and fairly‚ but how we accomplish
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Preventing Homelessness Sara Lewis HSM/210 November 6‚ 2010 Homelessness is a growing problem in today’s society. Because of the economic crises‚ many people are losing his or her jobs because company’s had to cut back on expenses‚ as well as companies that have closed down completely. Furthermore because of the economic crises many mental institutions are forced to close the doors because of lack of funds. People who once had a safe healthy place to call home are being forced into homelessness
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Preventing Infection INFECTION The invasion or colonization of the body by pathogenic microorganisms The presence of a particular type of microorganism in a part of a body where it is not normally found and may lead to a disease Microorganism A small (micro) living plant or animal that cannot be seen without the aid of a microscope A microbe Contributions TYPES of Microorganism Bacteria Fungi Protozoa Algae Viruses Multicellular Animal Parasites BACTERIA Very small‚ simple‚ unicellular
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Justice Department ’s Look at BCS System Long Overdue Football is a game of force and power‚ and the answer to problems on the field often is "Hit him harder" or “run faster.” Success is based on dominating the offensive and defensive lines and‚ if possible‚ not turning the ball over during the game. The U.S. Justice Department is looking into the BCS system. The DOJ wonders if it violates antitrust laws. It wonders why‚ when every other college sport has a playoff system‚ major college
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adolescent has engaged in criminal activity‚ punishments are frequently ineffective‚ and in some cases only serve to further perpetuate the cycle of crime. Instead of focusing on throwing troubled children away‚ the focus should instead be placed upon preventing such actions in the first place. Tom Erlebach‚ a Star City Council member‚ was interviewed on what he personally thought was the cause of juvenile crime‚ and what can be done about it. According to Mr. Erlebach‚ the biggest cause is simply
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