company’s year end is March 31. Depreciation for 2007-08: ((80000-5000)/5) X 9/12 = 11250 Depreciation for 2008-09: ((80000-5000)/5) = 15000 Depreciation for 2009-10: ((80000-5000)/5) = 15000 Depreciation for 2010-11: ((80000-5000)/5) = 15000 Total Depreciation 46250 Carrying Value on date of sale‚ ie March 31‚ 2011 = 80000-46250 =33750 Loss on sale is 33750 – 17000 = 16750 Journal Entry: Cash Debit 17000 Loss on Sale of Machine Debit 16750 Accumulated Depreciation Debit 46250 Machine
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Total Institutions In the year 1961‚ the author‚ Erving Goffman‚ published a book consisting of text and studies on mental patients and inmates‚ in what he has called "total institutions". There is a large focus on the life of mental patients‚ due to his year long study in an American institution. However‚ the center of my reading was based on the institutions and the lifestyles that are reached when placed in such establishments. When describing these institutions the author referred
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Total rewards are the monetary and non-monetary return provided to employees in exchange for their time‚ talents‚ efforts and results. The phrase “compensation and benefits” has given way to “total rewards”—which encompasses not only compensation and benefits but also personal and professional growth opportunities and a motivating work environment (for example‚ recognition‚ valued job design‚ and work/life balance). Stiffer competition in business has made it difficult for cost-conscious organizations
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immense pressure. Both internally due to an increase in resistance‚ as well externally due to an intensification of international pressure through sanctions and various campaigns. In order to combat this‚ the government introduced a policy of “Total Onslaught - Total Strategy.” This policy introduced a number of reforms in the hope of winning the support of non-white South African’s in an attempt to undermine the ANC and other resistance groups. One of these reforms included the creation of the Tricameral
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The article I chose is titled “How BMW successfully practices sustainable leadership principles”‚ and is nested in many of the concepts covered during the period of this course. The main premise focuses on how the BMW Corporation was able to build and incorporate a resilient leadership model that helped shape how the company most recently survived the economic downturn that started in 2008. The authors have developed a model called “honeybee” leadership that spreads 23 key principles built into
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Tuesday‚ November 10‚ 2009 The Logistics Procurement Coordinator‚ Society for Family Health‚ Awaye House‚ Coker Bus stop‚ Badagry Express way‚ Lagos. Dear Sir‚ SUPPLY OF PETROLEUM PRODUCTS Ascon Oil Company Limited is a dynamic oil marketing company duly licensed by the department of petroleum resources as a bulk storage and petroleum products marketing company. Our bulk oil terminal at Ibafon – Apapa has a capacity of 35‚000 metric tones. Our head office is in Victoria Island
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Chapter 1 INTRODUCTION Situation Analysis Global warming‚ also known as the green house effect is a topic that has received much attention in recent years; yet our climate change is not a recent problem. It has been morphing over many years. What is increasing is the rate of change; it is accelerating due to the growth of the human population. The growth of our population has increased our use of fuel‚ land‚ and manufacturing. All of these are increasing emissions into our atmosphere that increases
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Why and how was a Russian Intelligentsia cultivated in the mid-1800’s and what were their political impacts? BRANGLIDOR Raphaël Gabvin IBS of Provence Candidate Number: 001386-041 Word count: 3900 Topic: Emergence and Impact of the Russian Intelligentsia Category: History Table of Contents Sub-heading | Page Number | Table of Contents | Page 1 | Abstract | Page 2 | Introduction | Page 3 | Definition and background | Page 4 |
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Impact of Political environment on doing business in India As in any part of the world‚ political influence is highly essential to start a business in India. Especially if you are planning to start a multi billion business‚ some sort of political patronage is an absolute necessity. Not only for safeguarding the interest of the company but even to begin the process of getting the required sanctions‚ one requires hold in the high echelons of politics and administrative circles. Indian society is
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The impact of Political‚ Legal and Social factors on a business Describe how political‚ legal and social factors are impacting upon the business activities of the selected organisations and their stakeholders. Political factors: ‘’Political factors are how and to what degree a government intervenes in the economy.’’ (http://en.wikipedia.org/wiki/PEST_analysis) Political factors include: * Environmental regulation and protection * Taxation ( corporate: consumer) * International
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