peasant of his surplus produce (produce over and above the subsistence level) in the form of land revenue which was the main source of state’s income. Early British administrators regarded the land revenue as rent of the soil because they had a notion that the king was the owner of the land. Subsequent studies of Mughal India have shown that it was a tax on the crop and was thus different from the land revenue as conceived by the British. Abul Fazl in his Ain-i Akbari justifies the imposition of taxes
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Revenue Recognition & Theories of Accounting The Joint Project Revenue recognition requirements in US generally accepted accounting principles (GAAP) differ from those in International Financial Reporting Standards (IFRSs); the former consists of broad concepts whereas IFRSs contain fewer standards‚ but applying the two main standards to complex transactions were difficult and needed improvement (Australian Accounting Standards Board‚ 2010). Accordingly‚ the International Accounting Standards
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product reviews that much more POWERFUL. But in order to make money with product reviews‚ they have to be effective. In order for a review to bring in sales‚ it is essential for it to be accurate‚ thoroughly researched‚ properly structured and most importantly‚ FAIR AND BALANCED. This is why all of our reviews are written using a formula that has been proven to bring in results and provide the most accurate information while still enticing your reader to buy the product! All of our reviews are written
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Situational Analysis: Cambridge Sciences Pharmaceuticals (CSP) is a global pharmaceutical company with over $25 billion in global sales. It has extensive experience bringing drugs to market including its most profitable drug‚ Zimistat. Metabical‚ is CSP’s new weight loss drug that is being brought to market by CSP and is targeted to individuals categorized as overweight (BMIs 25-30). Metabical is the culmination of 10 years and $400 million dollars in R&D and is uniquely positioned as the only
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have you ever been to a garage sale? did you find something you loved or couldn’t live with out? or were you just out for a fun day of "treasure" hunting? For what ever reason garage sales are a most interesting way to spend time searching for treasures on a Saturday morning. "others junk is another persons treasure." is the quote my mother told me when i was little. every weekend during the summer she would wake me up bright and early and we would head off on our treasure hunt. I find that quote
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costumers in what transaction needed of the costumer. They need to have an efficiently inventory management system makes it necessary considering that the same time is business in the making. This inventory management system helps you increase revenue because it saves processing time & help to provide better management for checking stocks and stock prices. It can be used to manage daily transactions of a store‚ which includes billing‚ check stocks in/out and a complete accounting module. Aside
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Do Not Follow Suit What do we need for life? It is one of the questions that poets and philosophers frequently ask about. Some people need money; some need fame;some need beauties. The answers to this question abound and there is no universally right one. American historian Arthur Schlesinger Jr. gives an answer‚ he says that “If we are to survive‚ we are to have ideas‚ vision‚ and courage. These things are rarely produced by communities. Everything that matters in our intellectual and moral life
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Inventory Management 2-2 2. Point of Sales 2-2 3. Microsoft Visual Basic 2-3 4. Microsoft Access 2-4 5. Database Normalization 2-4 1. First Normalization 2-5 2. Second Normalization 2-5 3. Third Normalization 2-5 4. Non-IT Theory 2-5 6. Re-order Point 2-5 5. Summary 2-6 3. Point of Sales with Inventory Management System and Barcode Integration
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REVENUE ALLOCATION FORMULA IN NIGERIA INTRODUCTION Prior to the discovery of oil in Nigeria‚ other sectors of the economy thrived. Agriculture‚ for instance‚ was a major source of revenue for the Western Region. The Eastern Region that was less endowed devised other sources of revenue. All this has however changed since the discovery of oil in the country. This has led to the demise of the other productive sectors of the economy. In fact‚ Nigerians are poorer today than they were in the pre-oil boom
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IASB and FASB release revenue recognition exposure draft What is the issue? On June 24th‚ the FASB and IASB issued an exposure draft proposing a new revenue recognition model that could fundamentally alter the way entities across a variety of industries recognise revenue. The proposal is an output of the boards’ joint efforts to develop a converged revenue recognition standard based on the same principles. A key objective is to increase the consistency of revenue recognition for similar contracts
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