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"
Premium Bookkeeping Asset Balance sheet
company issue a share having face value of Rs 10 at Rs 8 Give two examples of ‘Capital receipts’. Give two circumstances in which sacrificing ratio may be applied (1) (1) (1). (1) (1) Show how you would deal with the following items in the final accounts of a club: (3) Debit credit Prize fund Prize fund Investments 1‚20‚000 Income from Prize fund Investments Prizes awarded 9000 Q7. 1‚20‚000 12000 A‚B and C are partners sharing profits and losses in the ratio of 1 : 2: 3. They have omitted interest
Premium Balance sheet Asset Stock
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
Premium Balance sheet Generally Accepted Accounting Principles Finance
NURSING STUDENTS’ PERCEPTIONS OF WORKING WITH STAFF NURSES by Sharon Holly Jones A thesis submitted in partial fulfillment of the requirements for the degree of Master of Nursing in Nursing MONTANA STATE UNIVERSITY Bozeman‚ Montana April 2010 ©COPYRIGHT by Sharon Holly Jones 2010 All Rights Reserved ii APPROVAL of a thesis submitted by Sharon Holly Jones This thesis has been read by each member of the thesis committee and has been found to be satisfactory regarding content
Premium Nursing
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
Premium Balance sheet
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
Premium Electric charge Electricity Bookkeeping
1991 - 1999 : Raising the Profile of MAICSA e-mail print With these epochal and momentous events behind it‚ MAICSA entered the decade of the nineties stronger and surer of itself. A series of memorable events marked the chairmanship of Mardzuki Abdullah who served for two years from 1990 to 1991. The year 1991 witnessed the first convocation ceremony for ICSA graduates held on 27 July. It was officiated by Datuk Dr Fong Chan Onn‚ the Deputy Minister of Education. It was a historic and personally
Premium Corporation Governance Corporate governance
An Exploratory Study of Student Nurses ’ Perceptions of Gender Though they may be half a world away‚ nursing schools in India face problems similar to those in the United States when it comes to recruiting men. The results of this research of nursing students in Pondicherry‚ India‚ may surprise you. by S. Sridevy‚ B.S.N.‚ M.S.N.‚ M.A.‚ M.Phil. • RSS • Print • E-mail • Comment • MN 2011 Spring [pic] Though they may be half a world away‚ nursing schools in India face
Premium Gender Nursing
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
Premium Double-entry bookkeeping system Sole proprietorship Bookkeeping
Management and Organisation Semester 2‚ 2007 Summary Reflective Overview Andress Hamenda (u4330344) Word Count: 4‚267 words Summary Reflective Overview (Week 1 to 13) By Andress Hamenda (u4330344) This is the end of our Management and Organisations class in 2007. We have accomplished the business report for the community project. We have evaluated our friends’ performance during the semester. We have also submitted all of our reflective learning journals. Others probably may think that
Premium Dissociative identity disorder