share of the business and not due to his contribution to the business. Any increase in owner’s equity is called revenue and any reduction in it termed as a loan. In fact‚ it is the direct outcome of Realization Concept (already discussed) and the Accounting Period concept. In a way‚ realization concept has been split up into two parts‚ namely‚ production of economic goods or rendering of economic services‚ and realization of due revenue. Any uncertainty about any of the two elements
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adoptions. Why would a successful‚ independent single man or woman want to give up his or her freedom and assume the responsibilities of raising a child? The trend is mainly due to the fact that the desire to nurture and share life as a family has become to be a strong need that is felt by a large number of people‚ and one that is not exclusively to married people or couples. The purpose of adoption is to provide children a loving and caring parent. Single parents should be allowed to adopt because
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suffering for the whole family. However‚ single people possess parental feelings and a desire to have a child. And‚ if for some reason‚ a single man or a woman cannot have a child naturally‚ he or she should be allowed to adopt children even though in some countries‚ they are forbidden to adopt. First of all‚ for some single people it is impossible to become pregnant or to inseminate because of some physiological or health problems‚ such as sterility‚ chronic illnesses or obesity. Many women
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TOPIC: GOVERNMENT ACCOUNTING REFORMS: THE NIGERIAN NATIONAL QUESTION ABSTRACT Using Nigeria as a focus‚ the research work was on the federal character‚ its deficiencies and its effects in the public service. The research work highlights the history of inequality in Nigeria‚ evolution of the quota system in order to give readers an insight into how educational imbalances religion and ethno cultural diversities has affected the quality of personnel recruited into the public service. The
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Advantages and Disadvantages of Federal System of Government Federalism that also we can say federal system is political concept in which a group of members are bound together by covenant with a governing representative head. It is one that divides the powers of government between the national government and state and local governments. The Constitution of the United States established the federal system‚ also known as federalism. Under federalism‚ each level of government has sovereignty in some areas
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Separation of Powers: States vs. National Government “The powers not delegated to the United States by the Constitution‚ nor prohibited by it to the States‚ are reserved to the States respectively‚ or to the people.” (U.S. Const. amend. 10). Ratified in December of 1791‚ the Tenth Amendment in the Bill of Rights states that the national government does not have the authority to control the state government’s concerns that don’t intervene with the U.S Constitution and vice versa. I believe that the
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Persuasive Speech Self-Evaluation My topic for my Persuasive Speech was on‚ “Why should you adopt a pet?” In class‚ when we were in groups looking over our classmates outlines‚ my topic was on seatbelt safety law. I thought that topic wasn’t strong enough to have an argument with. Somehow‚ in my group we were talking about pets that we have adopted. Then‚ I thought why not a speech on why you should adopt a pet. I myself have adopted a dog and volunteered at the SPCA about a year ago so I thought
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9/20/09 College Business Law Mr. Silberman The legislative branch of the federal government‚ which is the congress‚ consists of two houses. Which are the Senate and the House of Representatives. Congress power’s that is allowed under the Constitution are to levy taxes‚ borrow money‚ regulate interstate commerce‚ impeach and convict
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Accruals and Prepayments of Income Revision 1) You work as an accounts assistant for Snazzy Magazine‚ a subscription only publication in South Wales. You have been given the following information relating to the year to 31st December 2010: Subscriptions paid into the bank account of Snazzy Magazine during 2010 - £4‚800. This figure includes subscriptions of £1‚200 for 2011. You are to provide the T account which clearly shows the amount transferred to the Income Statement and the balance
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The Role of Federal Government The Role of Federal Government Initially‚ a citizen of the United States would be more likely to interact with and be impacted by state or local government than the federal government. Possibly the first major expansion of federal power came during the Civil War‚ when the federal government refused to allow the secession of what came to be known as the Confederate States of America. Not only did the federal government not allow for the secession of states from
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