So‚ when an invoice comes in from a supplier of raw materials‚ 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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Term paper on ESOP Submitted by Hitesh.K.R (1pi11mba59) Finance Cohart 1 What is an ESOP? ESOP stands for Employee Stock Ownership Plan and is an employee benefit plan which makes the employees owners of stock in that company. An ESOP is required by law to invest primarily in the stock of the sponsoring employer. An ESOP is a qualified defined contribution plan and is similar to profit sharing plans. The employer can use it as a conduit for borrowing money from a bank or other
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Chapter 15--The Job Search‚ Rsums‚ and Cover Letters 1. Well-informed job candidates know that the first step in the employment process is A. researching salary‚ benefits‚ and job stability in a chosen field. B. developing an effective résumé to be sent to prospective employers. C. locating a specific job opening at a desirable company. D. assessing their interests and qualifications. 2. Job seekers should ask themselves questions such as Do I want to work for someone else or be my own boss
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theoretically discussing with Sally how she’s been feeling and conducting a clinical interview‚ my partners and I have come to the conclusion that Sally is exhibiting the symptoms of Body Dysmorphic Disorder (BDD) and Social Anxiety Disorder. Since her teenage years‚ Sally has been picking at her skin daily. The concern Sally has about her minor skin anomaly is one of the main symptoms of BDD. Impairment in her social and occupational areas of functioning are additional symptoms that she strongly shows. The
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ACKNOWLEDGEMENT I am Yogeswaary d/o Marathandavan from Saito College‚ studying Diploma in Business Information Technology. This report is regarding Business Information System subject‚ for this assignment I need to do survey by choose one department in an organization and carry out an investigation on the usage of information system in that department. I choose “ASIAPRIMA RESOURCES” organization for my assignment. In the organization I choose Marketing department for my research because I need
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LECTURE 1 PARTNERSHIP ACCOUNTS 1.1 LECTURE OUTLINE 1.1 The provision of the Partnership Act 1.1.1 Formation/ membership limits 1.1.2 Rights of partners 1.1.3 Obligations of partners 1.1.4 Dissolutions of partnerships Business/ Firm 1.1.5 Privileges of partners 1.2 Realignments 1.2.1 Treatment of goodwill in partnership Admission of new partners 1.2.2 Admission of new partners Retirement of partners 1.2.3 Retirement of partners 1.3 Dissolution of partnerships 1.3.1 Piece-meal Dissolutions
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Saving the Whales When I think about the ocean‚ I think about all the animals that live in it‚ including the whales. Whale hunting has been going on for decades. These huge ships go out into the sea and capture whales; they claim they are capturing them for research. What kind of research exactly? I do not know. One article I read on the issue said that the whales used for the research end up being a meal more times than not. In other words‚ they capture the whales‚ do their “research” and then
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Why should we save energy in schools? Saving energy leads to reduce carbon emissions‚lower costs and conserves the supplies we have.They are also working in support with high schools to support energy efficiency."We believe energy efficiency is the cheapest and cleanest form of "new" energy the world has." - energy efficiency unit of Chevron.Even though energy suppliers want your business‚ they are looking for more of an investment instead of wasting energy when it isn’t necessary. They believe
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How to Value Bonds 1. What is the present value of a 10-year‚ pure discount bond paying $1‚000 at maturity if the appropriate interest rate is: a. 5 percent? b. 10 percent? c. 15 percent? 2. Microhard has issued a bond with the following characteristics: Principal: $1‚000 Time to maturity: 20 years Coupon rate: 8 percent‚ compounded semiannually Semiannual payments Calculate the price of this bond if the stated annual
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Buy-Back of Shares 1. Companies Act‚ 1956: Section 77A of the Companies Act lays down the conditions governing buy-back of shares by a company. Section 77A stipulates that a buy-back can be done only out of free reserves or securities premium account or proceeds of fresh issue of shares or specified securities subject to certain terms and conditions. The conditions to be complied with by the Company for buy-back are: • • Articles of Association (AoA) of the Company provides for buyback of its own shares
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