implications for change in capital contributions; Describe the need for revaluation of assets and reassessment of liabilities; Carry out the treatment for reserves/accumulated profits or losses among the partners; Develop the skill of preparing the balance sheet of the reconstituted firm. l l l l l Change in the profit sharing ratio of the existing partners : For example‚ Ram‚ Mohan and Sohan are partners in the firm sharing profits in the ratio of 3:2:1. With effect from April 1‚
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Financial Crisis of 2008 Before the financial crisis of 2008‚ houses had always been rising in value so why would this all of a sudden change? Investors had found a great way to make money in the mortgage market and it was not just benefiting them‚ it was benefiting everyone. Exploring the lack of regulation in the market and also human behavior‚ I am going to break down what caused the financial crisis of 2008. The two videos‚ “Crisis of Credit‚” and “Mind Over Money‚” are my main sources of
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AEREN FOUNDATION’S Maharashtra Govt. Reg. No.: F-11724 AN ISO 9001 : 2000 CERTIFIED INTERNATIONAL B-SCHOOL SUBJECT: ACCOUNTING Total Marks: 80 N.B. : 1) All questions are compulsory Q1) ABC Ltd. Produces room coolers. The company is considering whether it should continue to manufacture air circulating fans itself or purchase them from outside. Its annual requirement is 25000 units. An outsider vendor is prepared to supply fans for Rs 285 each. In addition‚ ABC Ltd will have to
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Candidate Name: Andy Reed OCR No: Location: College Assessment method key: PD =professional discussion‚ EPA = examination of project or assignment‚ EP = examination of product‚ QC = questioning of candidate‚ O =observation of candidate‚ EWA = examination of written answers to questions‚ RPL = recognition of prior learning‚ EPS = examination of personal statement‚ ECH = examination of case history‚ EWT = examination of witness testimony. Evidence Record Links to units/ Assessment
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GA-2 February 25‚ 2012 Dear Audit Staff: This memo will give us an idea of what what special business knowledge we will need to have in regards to the basic type of business and products Apollo Shoes manages. It will also provide the necessary staffing we will need to have for this audit. Apollo Shoes provides high tech electronics for todays modern athlete. They’re committed to pushing the envelope and expanding they’re products to the global and galactic marketplace. With this
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ACKNOWLEDGEMENT I am Yogeswaary d/o Marathandavan from Saito College‚ studying Diploma in Business Information Technology. This report is regarding Business Information System subject‚ for this assignment I need to do survey by choose one department in an organization and carry out an investigation on the usage of information system in that department. I choose “ASIAPRIMA RESOURCES” organization for my assignment. In the organization I choose Marketing department for my research because I need
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McKinsey Working Papers on Risk‚ Number 39 Commodity trading at a strategic crossroad Jan Ascher Paul Laszlo Guillaume Quiviger December 2012 © Copyright 2012 McKinsey & Company 2 Contents Commodity trading at a strategic crossroad Introduction and executive summary1 Changes in global commodity trading: Three trends 2 Imperatives for commodity traders 6 Conclusion8 McKinsey Working Papers on Risk presents McKinsey’s best current thinking on risk and risk
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The cause of the tsunami in Sumatra on 26 December 2004 which affected the entire Indian Ocean was a very violent earthquake of magnitude 9.3 on the Richter scale. It was the biggest earthquake ever recorded after the one in Chile on 22 May 1960‚ with a magnitude of 9.5. It originated at 00:58:53 GMT (7:58:53 AM local time)‚ on a fault in a subduction area between the Indo-Australian plate and the Burma plate (which forms part of the larger Eurasian plate (see fig. 1)‚ with the hypocenter at a depth
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The Modern Olympics were shaped in different ways that include many social‚ economic‚ and political factors. These factors over time changed the games from what they were in 1892 to what they were in 2002. Based on the documents the games have been changing not only the games themselves but also the countries that participate and human rights however these can be positive changes or negative changes. The Social factors changing the games include those of Sybil Newall and Hassiba Boulemerka who
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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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