What are the major advantages of the use of books of prime entry? There are many major advantages of using prime entry for varying entries. The first advantage is that it helps to keep the records briefly as it is difficult to manage every single transaction in the main ledger as it occurs. Another advantage of using prime entry of accounting makes it easy to follow transactions and avoids the confusion occur if all of the different information was in one place. The separated information saves the
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Internet & Email Threats Definition of a Computer Virus A program that infects a computer by attaching itself to another program‚ and propagating itself when that program is executed. A computer can become infected by files downloaded over a network‚ or by the installation of new software or floppy disks that are infected with viruses as well as email attachments. Some viruses are only pranks‚ and perform harmless actions like displaying a screen with a joke message on it. Others can destroy
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First of all‚ according to Vinod (2008 -2013) books of prime entry are books where transactions are first recorded. These may or may not be part of the double system. These are not accounts; they are simply books that record details of transactions. Books of prime entry are also known as books of original entry / subsidiary book/ daybooks among others. In any organization where company’s buy and sell goods‚ will need to divide the journal into subsidiary books. And they are as follows: Sales
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Adjusting Entries – Examples Let’s work with some examples. We are working with a one year accounting period that ends on 12/31/X2. Let’s use a three step process. Step 1 – Analyze the transaction. Step 2 – Record in the journal. Step 3 – Post to the ledger. Example 1: On 12/31/X2 (before the adjusting process)‚ Supplies‚ an asset‚ has a balance of $2‚500. Employees take a physical account of the supplies on hand. That physical count reveals that $1‚200 of supplies remains. Step 1 ‐‐ The balance
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The article’s aim was to find a way to help African American students form being affected by the “Stereotype threat”. This is a behavior that targets students’ ability to focus academically based on the negative stenotypes that are implemented on their intelligence. When comparing African American Students tend to obtain lower grades in collage than White students. There is a disagreement of where intelligence comes from. There is a side that claims that intelligence comes form the environment and
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many presidents were involved in. Nowadays‚ there are presidents who still decide to risk their lives doing their jobs to try and improve America. There may not have always been an attempt on a president’s lives‚ but there have definitely been many threats‚ which keeps the Secret Service on alert. America always mourns when its leader is wounded. Presidential assassinations first began 1865 and the last one to take place was in 1963. It may seem like a whole lot of time but in these 98
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DOZENS of jobs at travel agents in Preston and Leyland could be under threat after a holiday company announced it was shutting 100 stores. Thomson tour holiday operator TUI Travel is undergoing a two-year restructuring process after a merger of TUI’s travel division and First Choice. The company has not said which of its 1‚100 UK stores will be closed or how many jobs are expected to be lost. advertisementTUI will keep the two travel agent brands‚ Thomson and First Choice‚ separate. There
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Chocolate Industry in India OBJECTIVES * To understand the overall chocolate industry in India. * To know the challenges and opportunities. INTRODUCTION * Indian chocolates industry is growing at a rapidly18-20% per annum. * Cadbury ’s occupy about 72% of the chocolate/confectionery market with Dairy Milk‚ Five Star‚ Perk‚ Gems * The organized sector in chocolates constitutes 40%.Chocolate consumption in India is low‚ per capita consumption in urban India is estimated
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A look at the history of politics & one would see disturbed relations between India and China. A recent report showed that more than four-fifths of respondents viewed China as a security threat. The poll reveals multiple reasons for this mistrust‚ including China’s possession of nuclear weapons‚ competition for resources in third countries‚ China’s efforts to strengthen its relations with other countries in the Indian Ocean region‚ and the China-India border dispute China deals with countries based
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Ural School‚ Nevyansk‚ The Entry into Jerusalem‚ Late 18th- Early 19th Century‚ Oil and gold leaf on panel. In the Ural School’s portrayal of The Entry into Jerusalem on panel‚ we immediately look towards the focal point of the painting. There we see a man wearing red and blue drapery with an Aureole (decorated in gold leaf) around his head; the golden halo‚ the use of red color (symbolizing the presence of god and strength)‚ and blue color (symbolizing good health and human beings) allows us to
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