services RAXCARD is an e-currency depositing and transferring venture. The company provides anonymous and secure debit cards to its clients and user‚ irrespective of their country and location. Raxcard Debit Card provides has all essential advantages and benefits to its clients in a simple and convenient manner. The user can connect Raxcard with any E-currency account including Bitcoin‚ Perfect Money and Web money Account. A user can deposit funds from the respective currency of its country and use
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Reecting INTRODUCTION Plastic Money is a must need of our busy life. Today it is very easy to carry money without having a lot of cash or gold. Keep Credit or Debit cards and forget the cash money. This is a new idea of present life-style which has made money transition so easy that anybody can carry it with him or her in a pocket. Today plastic money is the best alternative of the cash. It is also safer to traveling with a plastic money card than cash. If it is stolen you may contact to bank
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The Impact of Assets Impairment on Company Accounts Assignment 1 ACCT 20054 – Company Accounting Term 2‚ 2012 Prepared & Submitted by Jobish Mathew S0214315 Tutor: Davood Alizadeh Due date: 24th August 2012 Submitted date: 24th August 2012 Executive Summary The study ‘The Impact of Assets Impairment on Company Accounts’ presents the cotemporary issues facing by major five Australian companies Qantas‚ Ten Networks‚ Billabong‚ Bluescope steel and Harvey Norman. This research
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Semester – 2007/2008) For each of the following questions‚ indicate the single best answer: 1. A basic assumption of accounting that requires activities of an entity be kept separate from the activities of its owner is referred to as the a. stand alone concept. b. monetary unit assumption. c. economic entity assumption. d. corporate form of ownership 2. All of the financial statements are for a period of time except the a. income statement. b. balance sheet c. owner’s equity statement. d
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Things not included in GDP There is a lot to consider when discussing things that are not included in Gross Domestic Product (GDP). “Even real GDP is an imperfect measure of current output and income. Some productive activities are omitted because their value is difficult to determine” (Gwartney et al.‚ p. 143). We know that GDP is only measured in a restricted time frame. Imagine all the goods and services that are redistributed in a year’s time that are not included in GDP.
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over 2 1 The following is the summarised Balance Sheet of Bracket & Racket Ltd‚ a limited company wholly owned by its two shareholders‚ Bracket and Racket. Balance Sheet as at 31 March 2002 $000 Fixed Assets at Net Book Value Buildings 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
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(Also known as "T" Account and Account) Having passed the double or journal entries‚ the next step is to post these double or journal entries into Ledger accounts. Ledger account or an account is simply the classification of double entries which we have made in General Journal or any other journal. In an account we bring together all similar entries in one place. For example a company has purchased goods on 4th and 7th January‚ we would put both entries in purchases account because of their similar
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The Balance of Payments of a country always balances The BOP accounts summarize international transactions for a specific period‚ usually a year‚ and are prepared in a single currency‚ typically the domestic currency for the country concerned. Since the balance of payment is based upon system of double-entry book-keeping‚ the total debits must equal to total credits. This is because two aspects of each transaction recorded are equal in amount but appear on opposite sides
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Consultant of the company‚ you have been instructed by the Managing Director to conduct a review on the company’s performance and to recommend improvements to meet the challenges of the rapid changing business environment. Your mission will cover the following tasks. Task 1 1.1 Select s small business enterprise (a private firm or a published-listed company based in Singapore). You are required to access to the following information and describe the business profile of the selected company‚ based on the
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m.Module 3 CAPITAL BUDGETING Meaning of Capital Budgeting :- Capital Budgeting is the process of making Decisions regarding long term investments in Fixed Assets which are not meant for sale. It is long range planning to employ the available capital for the purpose of maximizing the long term profitability of the concern. Definition of Capital Budgeting:- Prof I.M.PANDEY Defines Capital Budgeting as the firms decision to invest its current funds most efficiently in long term activities
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