pounds sterling (L). a. What is an account receivable? What other names does this asset go by? b. How do accounts receivable differ from notes receivable? c. What is a contra account? What two contra accounts are associated with Pearson’s trade receivables (see Note 22)? What types of activities are captured in each of these contra accounts? Describe factors that managers might consider when deciding how to estimate the balance in each of these contra accounts. d. Two commonly used approaches for
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• This document consists of 4 pages. Any blank pages are indicated. © OCR 2009 [H/500/7722] SP (NF) T77015/2 OCR is an exempt Charity Turn over 2 1* Paula Redwood‚ a sole trader‚ prepared the following Trial Balance from her accounts on 30 April 2009. Rent General expenses Insurance Salaries Electricity Capital Motor expenses Bad debts Drawings Debtors Creditors Bank Stock 10% Loan Loan interest Carriage outwards Commission received Purchases Sales Purchases
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Part 1: Summary Saving Private Ryan takes place at the in in 1944‚ during the second World War. It starts off with American soldiers arriving at Omaha‚ France by boat and engaging in an extremely bloody battle. One of the American commanders‚ Captain John H. Miller is then chosen to lead a new special mission: to find and return Private James Ryan back home because he is the last remaining son out of three who had been K.I.A.. Captain Miller assembled seven men to join him on the mission and
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Private foreign Investment Private foreign capital‚ whose presence in Indian industry was long regarded with concern and suspicion‚ is now touted as a panacea for India’s economic problems. This paper compares the relative performance of domestic and foreign-controlled firms in India‚ and evaluates the contribution of foreign investment over the last five decades. We assess the impact of government policy towards foreign capital‚ and outline policy implications for the future. Introduction
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Virtual Private Networks Abstract With the increasing popularity of the Internet‚ new technologies have introduced to provide secure access to the resources from remote clients. Virtual Private Networks are becoming the most universal method for remote access. They enable service provider to take advantage of the power of Internet by providing a private tunnel through the public cloud to realize cost savings and productivity enhancements from remote access applications
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REFLECTIVE ACCOUNTS The word reflective or reflection is derived from the word reflect. The Oxford dictionary meaning of reflect is “to think carefully and deeply about something”. The word “reflective” is an adjective used to describe the kind of report or writing you are required to submit for your Diploma. Therefore a reflective account can be understood as a real or true story of how you have carried out an activity at work or an action you took in the past and why you took the action.
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Task 2 Reflective account of presentation In this essay I will be writing about my own experience in working within a team‚ linking in Belbin’s Theory. This includes the importance of teamwork‚ how different roles can be formed and managing conflict. Followed by a summary of how the group and team working techniques can be improved. The importance of team work includes working efficiently with everyone within the team by making sure individual’s needs are listened to and communication is virtuous
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Capital Account Convertibility. Should India adopt full convertibility? Capital Account Convertibility-or a floating exchange rate-is a feature of a nation ’s financial regime that centers around the ability to conduct transactions of local financial assets into foreign financial assets freely and at market determined exchange rates. It is sometimes referred to as Capital Asset Liberation or CAC. CAC is mostly a guideline to changes of ownership in foreign or domestic financial assets and liabilities
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Introduction to Control Accounts • Trade receivables are reported as a current asset and trade payables are reported as current liability in the balance sheet at the end of an accounting period. • It is important‚ therefore‚ that a business taken steps to ensure the accuracy of these figures. • One such step is the preparation of Control account to confirm that the total of the sales ledger balances and the total of the purchases ledger balances are accurate What is Control Account? • A control
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displays are created and produced. 4. What are the advantages and disadvantages of private warehousing? One disadvantage to private warehousing is that they are characterized by high fixed costs—which necessitates high and steady demand volumes. In addition‚ a high fixed cost alternative becomes less attractive in times of high interest rates because it is more costly to secure the necessary financing. Private warehousing may also reduce an organization’s flexibility with respect to responding
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