The Income Statement This indicates financial performance over a period of time. It is usually done at the end of a financial year (30th June)‚ but an income statement can be made up at other times‚ e.g.‚ if a business wishes to apply for a loan‚ the bank may ask for a more recent income statement. The other names for this kind of statement are Revenue Statement and Profit and Loss Statement. Income Statement for Ima Mess‚ year ended 30.6.12 |
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by the concept of conservatism ? Why is it also called the concept of prudence? Why is it not applied as strongly today as it used to be in the Past ? (b) What is a Balance Sheet ? How does a Funds Flow Statement differ from a Balance Sheet ? Enumerate the items which are usually shown in a Balance Sheet and a Funds Flow Statement. 2 . (a) Discuss the importance of ratio analysis for inter-firm and intra-firm comparisons including circumstances responsible for its limitations .If any (b) Why
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Al-Awfar Savings and Investment Account-i? Al-Awfar is a unique savings and investment account based on the Mudharabah‚ a contract of profit-sharing. 2. What is the meaning of Al-Awfar? Al-Awfar means “prosperous investment”. 3. What is the difference between Al-Awfar Savings Account and Investment Account-i and the normal Bank Islam Savings Account-i and General Investment Account-i (GIA)? Al-Awfar Savings and Investment Account-i is a rewarding account that offers a host of additional
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Any changes to medication are noted on the mars sheet & a note left in communication book for the attention of all staff. If all is ok then the pack is signed & dated that it has been checked & who it has been collected by. Learning outcome 5.2 - demonstrate how to store medication safely All medication is stored away in a cupboard or drawer that has been specifically allocated for that purpose. These areas are cool to prevent any medication from being stored at a too higher temperature. When
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Drexler ACC220 July 29‚ 2012 Accounting Documents A balance sheet is used by accounting departments to show a company their financial position at the end of a specified date. It is often called a snapshot of a company’s financial position at a given moment. It gives the reader of the document a clear picture of all transactions that have been posted by that company as of a specific date. When accountants prepare a balance sheet they list the company’s assets at the time. Assets are things the
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1. Alleg‚ Inc. Balance Sheet December 31‚ 2012 Assets Current Assets Cash And Cash Equivalents 14‚000 Marketable securities 17‚000 Accounts Receivables‚ Net 26‚000 Inventory 33‚000 90‚000 Total Long Term Assets Land and Buildings 57‚000 Machinery and equipment 120‚000 Accumulated Depreciation 61‚000 Goodwill 13‚000 Intangible Assets 9‚000 Other Assets 45‚000 183‚000 Total Assets 273‚000
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data for the public record. Each publicly traded company must file an annual report‚ and also a report known as a 10-K. Although these have similarities‚ they also have key differences. Purpose * An annual report is used to represent the state of the company to shareholders‚ and give them an insight into the company’s activities in the past year. It’s unofficial‚ and its purpose is mainly to communicate‚ so it serves something of a public relations function. A Form 10-K report is an official
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Class/Tutor Name Tuesday‚ Richard and Karen Date Due: 7/11/14 Date Submitted: 6/11/14 Assessment Word Count: 1500 Actual Word Count: 1692 Please reflect on your experience in carrying out this assignment/completing this module and let us know in the statements below: 1. In the process of doing this I learned to listen and appreciate other people’s situations and lifestyles. I also learnt to work with people in groups in and out of campus which is a big achievement for me. Also the effect of social‚
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“A Comprehensive Study on Sale Strategy adopted by Sharekhan Ltd for Sale of DEMAT Account” Project Report Submitted in partial fulfillment of the requirement For the award of The Post Graduate Diploma in Management (A TWO YEAR FULL TIME PROGRAM IN MANAGEMENT) Submitted by Paulraj. T PGDM student Roll No 12068 ST. JOSEPH’S COLLEGE OF BUSINESS ADMINSTRATION 18‚ Residency Road‚ Bangalore 560 025 CERTIFICATE This is to certify that the project report entitled “A Comprehensive
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bearing the risk of collecting payment from that customer in the future. True False 2. At the time of a credit sale‚ a company would record an increase in assets and an increase in revenues. True False 3. A sale on account is recorded as a debit to revenue and a credit to accounts receivable. True False 4. Accounts receivable represent the amount of cash owed to the company by its customers from the sale of products or services on account. True False 5. Trade discounts represent
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