Individual Assignment Introduction to Financial Accounting (ACC106) Mega Lawa Trading is a sole proprietorship business owned by Milah Mela. Transactions below are the business activities for the month of December 2013. Date Transaction Effects of Transaction Principles of Double Entry 1 Started a business with a cash at bank for RM 15‚000 and cash in hand for RM 10‚000 3 Purchased machinery on credit from Happy Machine Supplies amounted to RM 90‚000 4 Bought inventories
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capitalism pertains to monopoly‚ this is a situation whereby there is only one producer of a commodity in a region or locality. For example‚ an employer may be the only purchaser in a locality‚ and if this happens‚ he would be in a strong position when negotiating rates to pay the individual members of the
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UNIVERSITI UTARA MALAYSIA UUM COLLEGEOF BUSINESS SCHOOL OF ACCOUNTANCY COURSE CODE : BKAL1013 COURSE : BUSINESS ACCOUNTING PRE-REQUISITE : NONE 1.0 COURSE SYNOPSIS This course is designed specifically for students from non-accounting disciplines. It is divided into two sections‚ i.e. financial accounting and management accounting. Students will be exposed to accounting concepts‚ principles and assumptions. They would be able to assess
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lCompany Profile: Company Name: Creative Insurgence Pte Ltd Company Establishment: founded in year 2005 Company Location: Head Quarters located at 69 Dunlop Street Creative Insurgence‚ are an events and show production company that specializes in conceptualizing‚ planning and executing both corporate as well as lifestyle events. They work with various partners such as credit cards‚ brands and venues to maximize the return-on-investment by our client(s). They are experts in handling B2C
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(the agent) may act on behalf of another party (the principal) and bind that other party by words and/or actions. The etymology of the word agent or agency says much. The words are derived from the Latin verb ago‚ agere (the respective noun agens‚ agentis). The word denotes one who acts‚ a doer‚ force or power that accomplishes things.1 Agency is the exception to the doctrine of privity under the law of contract. 2. LIABILITY OF A PRINCIPAL AGAINST THIRD PARTIES Lord Alverstone CJ in THE QUEEN
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Changing World 1. List the four functions of management Planning Organizing Leading Controlling 2. How is globalization related to each of the four functions of management? For example the Hershey Company is a highly globalized company. When managers are in the planning process they must look at whom they are serving and where. A product that sells out in Mexico may not have the same outcome in the United States. Hershey’s excels in the fact that they view employees as valuable resources
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big movement of Amazon Inc. and it makes other competitors have to go after Amazon Inc. and create the same product. 3 II. Introduction and Background of company. As you know Amazon.com is one of the best online stores in over the world. When you access to the website of Amazon.com‚ you can find all thing that you intend to find and buy. Amazon.com‚ Inc. is
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Goods/Stock purchased or sold being returned is quite a common practice in business. This may be on account of a number of reasons like defects in goods‚ quality not matching the requirement for which the buyer purchased it‚ the buyer not needing the stock‚ etc. This happens both in case of goods purchased as well as goods sold by the organisation. Where the goods sold are being returned we call it "Sales Returns" and where goods purchased are being returned we call it "Purchase Returns"
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bank‚ potential vendors‚ or other interested parties. An account system is also important to process sales‚ purchase orders‚ invoices‚ payroll‚ and other business functions manually. The accounting system must be scalable‚ secure and gather data feed from other business systems to collect up-to-date business finances. The installed REMS came with the following Finance and Accounting Financial Modules: General Ledger Module‚ Accounts Payable Module‚ POS module‚ Bank Reconciliation Module‚
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Introduction Leadership and management are often considered practically overlapping concepts. But are they? Is there a difference between the two concepts or leadership is a facet of management and therefore cannot be separated? Virtually all organizations‚ including large corporations‚ academia‚ Leadership theorists‚ researchers and authors are concerned about the difference and believe it is important. Leadership versus Management Leadership There are many diverse definitions of leadership. Peter
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