“Family Income” Wage- Is the money amount receive daily for rendering service. Received by unskilled semiskilled‚ and skilled workers or blue-collar workers. A salary is the amount of money received monthly by professionals or white-collar workers. IN ADDITION TO WAGES OR SALARIES‚ SOME FAMILIES HAVE OTHER SOURCE OF INCOME THIS INCLUDE THE FOLLOWING: 1. Dividends from investments in bonds & stock. 2. Gifts from relatives & friends. 3. Inheritance. 4. Rentals from apartments
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Balance Sheet and Income Statement Commentary Michael Turner BSA 500 – Business Systems I July 24‚ 2013 Simon Chen Balance Sheet and Income Statement Commentary Balance Sheets and Income Statements is an approach to review the overall financial status of the company. We will be reviewing four companies in different industries’ balance sheet and income statements. With a technique to combine the statements we will be able to evaluate the companies’ income‚ expense and stockholder’s equity in the
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Boiler Manufacturer in China-ZG Boiler ZG Boiler is a China based boiler manufacturer company situated in Henan Province. We manufacture boilers‚ install and service a big range such as Gas Boilers‚ Steam Boilers‚ Fire Tube Boilers‚ Water Tube Boilers‚ Wood Fired Boilers‚ Package Boilers‚ D type boilers in Australia and other countries and areas and across the international market. Fire Tube Boilers Our fire tube boilers are manufactured to last‚ they are available in a variety of different designs
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incomeEMPLOYMENT INCOME Source of Employment Income The basis of taxation on employment income is that income from exercising an employment in Malaysia is regarded as Malaysian derived income. All income attributable to the employment exercised in Malaysia is subject to Malaysian tax irrespective of where the remuneration is paid. Where an employee is required to perform his duties outside Malaysia‚ the entire remuneration is still chargeable to Malaysian tax if the services rendered outside Malaysia
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CODE: LGS 113 MODULE TITLE: THE TRADITIONAL LEADERSHIP SYSTEM AND LOCAL GOVERNANCE LECTURER: MR V CHAKUNDA ASSIGNMENT/QUESTION: Examine the leadership system of Ghana looking at its history‚ appointment‚ contributions to development and democracy. LECTURER’S COMMENT: …………………………………………………………… ……………………………………………………………………………………………………………………………………………………………………………………………………………… TRADITIONAL LEADERSHIP SYSTEM IN GHANA According
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INCOME TAX NOTES Residential Status and Incidence of Tax According to Section 5 of the Income Tax Act the scope of total Income of an assessee depends on his residential status.On the basis of residential status assessee are classified under the following two categories: 1. Resident 2. Non-resident. As per as resident individuals and Hindu Undivided Families are concerned‚ they can be further divided into two categories: 1. Ordinarily Resident 2. Not ordinarily Resident. Residential
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Classificatory smoothing of Income with Extraordinary Items - Summary Within this paper they talk about whether extraordinary items are used to smooth ordinary or operating income over time. The role of extraordinary items was never really looked at become separately and that is what they wanted to look at. They talk about how previously the focus was on net income after extraordinary items but that it is important to look at net income before extraordinary items also
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Legal Issues for Business Organizations – LIT1 Task 1 Legal Issues for Business Organizations – LIT1 Task 1 – Part A The way a business is organized is an important part of the business’s structure. “Different organizations provide different advantages and disadvantages in creation cost and simplicity‚ ongoing maintenance requirements‚ dissolution and continuity‚ fundraising‚ managerial control‚ public ownership‚ tax planning‚ and limited liability.” The nature of the business being conducted
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found in the philosophical and religious traditions it have grown out of. “Traditional medicine is the sum total of the knowledge‚ skills‚ and practices based on the theories‚ beliefs‚ and experiences indigenous to different cultures‚ whether explicable or not‚ used in the maintenance of health as well as in the prevention‚ diagnosis‚ improvement or treatment of physical and mental illness” ( World Health Organization‚ nd). Modern medicine mostly used in today hospital is Western medicine‚ which
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Distribution of Income • The fifth macroeconomical goals to ensure that income distribution is equitable. Equitable means fair‚ but fairness is an elusive concept and it means different things to different people. • A more equitable distribution may help to accelerate growth and promote human and economic development in many ways: • The propensity to consume of the poor is higher than that of the rich so redistribution will increase aggregate demand especially for basic goods and services. • Social
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