Chapter-V Accounts Receivable Management • Introduction • Goals of Receivable Management • Credit Management • Optimum Credit Policy • Credit of Account Receivable 155 Introduction Accounts receivable represent the amount due form customers (book debts) or debtors as a result of selling goods on credit. “The term debtors is defined as ‘debt’ owned to the firm by customers arising from sale of goods or services in the ordinary course of business.” The three characteristics of
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profile into account when evaluating their conduct? (I agree) A student’s conduct cannot be just reflected by his behaviour and performance at school. In other words‚ students should behave well both inside and outside the school‚ no matter where they are and when they do. Some students may pretend to behave well at school in order to gain the admiration of their teachers and fellow schoolmates. However‚ they may do something inappropriate on their leisure time‚ for example when they share things
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The information required to answer questions 1–2 is contained within this Resource Booklet. Do not hand this Resource Booklet in at the end of the examination. It is not needed by the Examiner. INFORMATION FOR CANDIDATES • This document consists of 4 pages. Any blank pages are indicated. © OCR 2009 [H/500/7722] SP (NF) T77015/2 OCR is an exempt Charity Turn over 2 1* Paula Redwood‚ a sole trader‚ prepared the following Trial Balance from her accounts on 30 April 2009
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S5 Manufacturing Account/LWL Manufacturing Accounts ( A. ) Function of a Manufacturing Acccount For those businesses which deal with manufacturing products. It is common in today’s business to act both as manufacturer ( ) and retailer ( ). e.g Crocodile‚ Bossini‚ G2000‚ U2. What is the advantage as being a manufacturer as well as a retailer? Division of Costs The purpose of a Manufacturing Account is to ascertain Cost of Production ( ). B. Cost of Production = Prime Cost + Factory
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Survey of Various types of Bank Accounts‚ rate of interest offered Mr. Pinto (name changed on request) of Axis Bank Limited of Nerul Branch was very co-operative when I visited their branch and introduced myself as a 10th Std. student of Ryan International School‚ Nerul and inform my purpose of visit of carrying out a survey on various types of bank accounts available and commonly used in India. He offered me a place to sit and called for water and request to give him some time to complete his
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REFLECTIVE ACCOUNTS The word reflective or reflection is derived from the word reflect. The Oxford dictionary meaning of reflect is “to think carefully and deeply about something”. The word “reflective” is an adjective used to describe the kind of report or writing you are required to submit for your Diploma. Therefore a reflective account can be understood as a real or true story of how you have carried out an activity at work or an action you took in the past and why you took the action.
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How to Maintain Proper Oral Hygiene April 14‚ 2013 Keeping up with dental hygiene is important to maintain a healthy mouth. In order to keep your teeth healthy and clean‚ you must follow a specific routine at least once a day. Brushing and flossing every day can prevent gum disease‚ tooth decay‚ and remove any bacteria left on your teeth after eating. Although it seems like such an easy task‚ there are many different variables. Proper brushing takes at least two minutes and should be done
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Introduction to Control Accounts • Trade receivables are reported as a current asset and trade payables are reported as current liability in the balance sheet at the end of an accounting period. • It is important‚ therefore‚ that a business taken steps to ensure the accuracy of these figures. • One such step is the preparation of Control account to confirm that the total of the sales ledger balances and the total of the purchases ledger balances are accurate What is Control Account? • A control
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Proper or Improper Methods? OR Witches or Victims? From the early 14th century to the 17th century there was an intense witch craze occurring in central Europe. The craze was fueled by the people’s lack of knowledge. They didn’t know how to account for illnesses‚ unsuccessful harvests‚ or a variety of other misfortunes so they placed the blame on the devil or his servants‚ witches. There were many methods‚ however unreasonable‚ that church authorities used for finding‚ convicting‚ and getting confessions
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prepare a development plan. CYPCore32-1.1 Explain the factors that need to be taken into account when assessing development. When carrying out an assessment‚ there are a number of important factors that have to be taken into consideration. Before recording any information‚ permission should be obtained from the parents/carers of the child and possibly even the child. This permission is normally obtained when the Policies and Permissions are signed as part of the contract of care. The information
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