Historical Cost Concept What is historical cost? Historical cost is a term used instead of the term cost. Cost and historical cost usually mean the original cost at the time of a transaction. The term historical cost helps to distinguish an asset’s original cost from its replacement cost‚ current cost‚ or inflation-adjusted cost. For example‚ land purchased in 1992 at cost of $80‚000 and still owned by the buyer will be reported on the buyer’s balance sheet at its cost or historical cost of $80
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STATEMENT OF ACCOUNT Name Address : : SOA No SOA Date Due Date : : : SOAPeriod : 5957188 01/06/2013 18/05/2013-30/06/2013 10/06/2013 Previous Due Payments Received Adjustments Current Charges Amount Due 1‚660.00 Invoice Charges InvoiceNo Period AccountNo : 1‚660.00 426144 Description 0.00 User Name: Package 3‚660.00 Rate Unit Quantity Amount 3‚660.00 (Dr) ServiceType Tax Total 6317995 18/05/2013 -18/05/201 3 01/06/2013 -30/06/201 3
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Sample Question Paper Code-254 ELEMENTS OF BOOK KEEPING & ACCOUNTANCY Class-IX Summative Assessment-II March 2011 Examination Design of Question paper Time Allowed : 3 Hrs 01. Weightage to form of Questions Type of questions 1. 2. 3. 4. MCQs Short Answer Questions Long Answer Questions(i) Long Answer Questions(ii) Total No. of Questions 16 8 4 4 32 Marks for each Question 1 3 4 6 Total Marks 16 24 16 24 80 Maximum Marks : 80 Duration of the examination will be 3 - 3 ½ hours. Evaluation will
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Klein: Amending our Traditional Account of Knowledge In his paper‚ “Is Justified True Belief Knowledge‚” Gettier refutes the traditional Justified True Belief account of knowledge by providing counterexamples that show that while the conditions provided by the JTB account are necessary‚ they fall short of being sufficient for knowledge. Klein’s paper‚ “A Proposed Definition of Propositional Knowledge‚” suggests a fourth condition with which to amend the JTB account so that it provides both necessary
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銀行月結單的銀行存款餘額 2 $ 194‚780 100‚000 294‚780 124‚780 170‚000 1.5 1.5 1 Question1. Peter Chan is a sole proprietor engaged in the trading of electronic products. A bank statement which showed a credit balance of $170‚000 at 30 September 2009 was received. The bank balance shown on the bank statement failed to agree with the balance shown on the cash book. Upon investigation‚ the following were discovered: (i) Interest of $8‚500 had been debited by the bank but had not been recorded
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Outcome 1: Reflective Account No.1 Outcomes 1a‚ b‚ n‚ o‚ p‚ r and u In this reflective account I will be using the Gibbs Reflective Cycle (Gibbs 1988). As stated by the NMC "You must respect people’s right to confidentiality." (NMC 2010) So all names will be changed throughout this reflective account. On my recent placement in Hairmyres hospital I had been asked by a nurse if I wanted to do the medicine round with them to get an idea of what it was like‚ I had agreed to this and found it interesting
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you are doing (eg domiciliary‚ residential care‚ hospital settings) and the individuals you are working with. Values underpinning the whole of the Unit The values underpinning this unit have been derived from the key purpose statement1‚ the statement of expectations from carers and people receiving services‚ relevant service standards and codes of practice for health and social care in the four UK countries. They can be found in the principles of care unit HSC24. To achieve this Unit you must
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ledger…………………………………………………………………………………………………………………………….12 General Ledger………………………………………………………………………………………………………………………………13-16 Trial Balance………………………………………………………………………………………………………………………………………17 FIFO Statement………………………………………………………………………………………………………………………………...18 Income Statement……………………………………………………………………………………………………………………………..19 Balance Sheet…………………………………………………………………………………………………………………………………….20 General Journal…………………………………………………………………………………………………………………………………
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REFLECTIVE ACCOUNT. Unit 1- 1.1‚ 1.2-This is a reflective account of the things I have done‚ experience and knowledge I have gained throughout the assessor ’s course mainly during the process of assessment. First‚ I would like to describe the definition of assessment‚ its key concepts‚ stages to show the knowledge and understanding I have gained throughout the course. An assessment is a pre-agreed formal session with the learner. Assessment is judging performance against an agreed standard and
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nershipCHAPTER 2 RECONSTITUTION OF A PARTNERSHIP FIRM Partnership is an agreement between the members of a firm for sharing the profits of the business carried on by all or any of them acting for all. Any change in this relationship amounts to reconstitution of the partnership firm. A change in the partnership agreement brings to an end the existing agreement and a new agreement comes into being. This new agreement changes the relationship among the members of the partnership firm. Hence‚ whenever
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