Why are accounts important To begin by why accounts are important‚ a person should first know what accounts actually mean. Accounts are financial records of an organization that register all financial transactions‚ and must be kept at its principal office or place of business. The purpose of these records is to enable anyone to appraise the organization’s current financial position with reasonable accuracy. Firms present their annual accounts in two main parts: the balance sheet‚ and the income
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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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latest of a long series of information technologies‚ which includes printing‚ mail‚ radio‚ television and the telephone. It is the application of computers and telecommunications equipment to store‚ retrieve‚ transmit and manipulate data‚ often in the context of a business or other enterprise. The term is commonly used as a synonym for computers and computer networks‚ but it also encompasses other information distribution technologies such as television and telephones. Information technology refers
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Name: Adil chahib Saving Time Time management determines by the difference between successful and unsuccessful people. Successful people are able to balance the goals they wish to achieve and duties. And this success comes from their ability to their time optimally in light of their objectives. There are two types in our lives: Type I: A difficult time organizing‚ or managing how much time we spend in our basic needs such as eating‚ comfort‚ family relations and social mission. It
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liability of the shareholders. However‚ under certain circumstances the corporate entity may be disregarded. This is also known as piercing the corporate veil and is the most frequent method for holding the shareholders liable for the acts of a corporation. Corporate officers‚ directors and controlling shareholders have a general fiduciary duty of loyalty and care which should govern all their corporate conduct. Unless they breach that duty by gross negligence or acts in bad faith‚ they usually will
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LECTURE STOCK VALUATION 1. Common stock valuation A share of common stock is more difficult to value in practice than a bond‚ for at least three reasons. First‚ with common stock‚ not even the promised cash flows are known in a advance. Second‚ the life of the investment is essentially forever‚ since common stock has no maturity. Third‚ there is no way to easily observe the rate of return that the market requires. Nonetheless‚ as we will see‚ there are cases in which we can come up with
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The narrator begins by saying she has "done it again." But what is “it.” Why does she do this “every ten years?” She considers herself a walking miracle with bright skin‚ her right foot a "paperweight‚" and her face as fine as a "Jew Linen". She asks some unknown enemy to peel the napkin from her face‚ and asks whether he is terrified by fer facial features. She assures him that her "sour breath" will vanish in a day. She believes that her flesh will be restored to her face after having been sacrificed
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MGT 506 Week 7 Assignment October 9‚ 2014 From NASDAQ‚ my chosen stock is AAPL‚ which is the symbol for Apple Inc. “ Apple Inc. is an American multinational corporation headquartered in Cupertino‚ California‚ Apple designs‚ develops‚ and sells consumer electronics‚ software‚ online services‚ and personal computers. “(Apple.com) Apple’s most successful items have been the Mac computer‚ the iPod‚ and iPhone Apple was founded on April 1‚ 1976 by Steve Jobs‚ Steve Wozniak‚ and
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structure: Riders can select a oneday card for €1‚ a weekly card for €5 or an annual card for €29. First half-hour is free. Additional half-hours are priced at €1‚ €2 and €4. techNoLogy: Smartcard operatiNg compaNy: JC Decaux By far the largest bike-share program to-date‚ paris plans to have installed over 10‚000 bikes by July‚ 2007‚ and 20‚000 by 2008. Mayor Bertrand Delanoe launched the Velib’ network as part of his wide-reaching program to green Paris and reduce vehicular traffic in the central city
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The Microsoft Corporation and Apple Computers‚ Inc.: Annual Report Comparison Both The Microsoft Corporation and Apple Computers‚ Inc. have become names with which the public is familiar. Both companies have many divisions‚ and both must manage extensive assets and liabilities. Since both companies report large amounts of income‚ the matter of accounting checks and balances becomes more complicated than many smaller companies‚ but equally as important. Financial reports and the audits of these
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