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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young children learn through mathematics. The five area I will cover are number‚ algebra‚ geometry measurement and statistics. Children will learn maths over time‚ it’s not a sudden development they will understand and use. With time and a base to build they will soon learn and be confident learners in school (Perkins‚ 2003). When we teachers speak to infants‚ we may use numbers when we speak or sing to them. Such as five little ducks‚ has the numbers 1-5 throughout the song. The children may not
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Fixtures and fittings $000 $000 250 100 350 Current Assets Stock Debtors Cash Current Liabilities Creditors for supplies Accruals Bank 1540 820 3 2363 1210 192 203 1605 758 1108 25 910 Share capital – Ordinary shares Retained profits Loan accounts – Bracket Racket 104 69 173 1108 The company accountant resigned at the beginning of April 2002 and proper records were not kept for the six-month period 1 April to 30 September 2002. The following information is available for that six-month period
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Supporting Notes Section 1 The play me and my group chose to do was ‘Private Lives’ by Noel Coward. The play Private Lives focuses on a divorced couple who discover that they are honeymooning with their new partners in neighbouring rooms at the same hotel. Even though they had a difficult relationship they realise that they still have feelings for each other. We chose this play as we had the right amount of people needed so we each had a character. We also found this play to be quite comedic and
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Transactions Show Journal entries to record the following transactions. Post them into appropriate Ledger Accounts and then extract a Trial Balance on 31st December‚ 2012: 2012 Jan 1st: Commenced business with cash Rs 1‚00‚000. Jan 10th: Bought office equipment worth Rs 40‚000. Jan 25th: Purchased goods worth Rs 25‚000; less 10% trade dis. on credit from Rahul. Feb 4th: Purchased office stationary worth Rs 500. Feb 9th: Paid premium for fire insurance Rs 5‚000 Feb 20th: Sold goods on
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UNIVERSITI UTARA MALAYSIA UUM COLLEGEOF BUSINESS SCHOOL OF ACCOUNTANCY COURSE CODE : BKAL1013 COURSE : BUSINESS ACCOUNTING PRE-REQUISITE : NONE 1.0 COURSE SYNOPSIS This course is designed specifically for students from non-accounting disciplines. It is divided into two sections‚ i.e. financial accounting and management accounting. Students will be exposed to accounting concepts‚ principles and assumptions. They would be able to assess
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As supporting notes The practitioner we were most inspired by was Katie Mitchell. The crucial idea behind Katie Mitchell is that of Stanislavsky‚ naturalistic but with a contemporary twist. We chose to explore an extract from Hedda Gabler by Henrik Ibsen. Being‚ a naturalistic play‚ we thought that by using Katie Mitchell as our practitioner‚ we would be able to put a slight twist onto the dated play‚ and gain more knowledge of the characters. This involved us researching the era of the play‚ the
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Top 7 Reasons Your Kids Should Learn How to Swim Swimming is excellent for both physical and mental health. It is one of the most popular sports in the world. As a parent or guardian‚ you should teach your children how to swim. It is a low-impact exercise that promotes an active lifestyle. The activity provides an effective workout that assists kids to gain numerous development skills. This guide offers top 7 reasons your children should learn how to swim. 1. Improves Team-Building Skills One
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Business Machines Corporation and many others. | Microsoft Corporation is one of the best-known software companies in the world. The company is famous for its Windows and Office software. In addition to software products the company manufactures and develops consumer electronics such as tablets and game system. You can find more information about the company in its official website or Wikipedia’s article. SWOT Microsoft SWOT analysis 2013 | Strengths | Weaknesses | 1. Brand loyalty 2.
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Individual Assignment Introduction to Financial Accounting (ACC106) Mega Lawa Trading is a sole proprietorship business owned by Milah Mela. Transactions below are the business activities for the month of December 2013. Date Transaction Effects of Transaction Principles of Double Entry 1 Started a business with a cash at bank for RM 15‚000 and cash in hand for RM 10‚000 3 Purchased machinery on credit from Happy Machine Supplies amounted to RM 90‚000 4 Bought inventories
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