Accounting for partnerships Accounting for partnerships – Discuss the advantages and disadvantages of partnerships. Identify and discuss the Financial Accounting Standards (FAS) that govern accounting for partnerships including both creation‚ operation‚ and liquidation. What are the tax consequences of partnerships. The legal definition of a partnership is pretty simple. It is an association of two or more persons who have not incorporated; and carry on a business for profit as co-owners
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Part two‚ Statement of the Problem‚ provides specific questions that the researcher sought to answer. It also indicates the purpose of the experiment and specifically‚ it states both descriptive and inferential questions and hypothesis. Part three‚ Significance of the Study‚ gives the people an idea on how relevant the study is to other researchers. It also states the importance of the study‚ the beneficiaries and the benefits to be derived from the results of the study. Part four‚ Scope and Delimitation
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Some advantages to living in the country include these points: Clean Air‚ no neighbors‚ open spaces‚ quiet‚ birds‚ deer and other critters. You have to love nature to live in the country. No crime‚ and people are usually friendly. Some disadvantages to living in the country include these points: No shopping mall or large supermarket. Power outages occur more often and usually out in the country everything runs on electric‚ like a well pump so you can flush the toilet‚ so no power and therefore
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c) THE ADVANTAGES AND DISADVANTAGES Online shopping has become a popular shopping method ever since the internet has declared a takeover. There are many individuals that are looking for other amazing alternatives shopping and online shipping is just the fix for that. There are many advantages of online shopping; this is the reason why online stores are a booming business today. If there are advantages‚ most likely there will be disadvantages. Despite the success of purchasing through online shopping
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Advantages and Disadvantages of Government Systems Around the world‚ each country has their own way of running things and their own government system. In this essay I will discuss the advantages and disadvantages of 3 government systems; unitary‚ confederate‚ and federal. Although some government systems might have similarities with the others‚ they are all very different and have different problems. A unitary state is sovereign and governed as a single unit where the central government is supreme
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ages Advantages and disadvantages of solar power Advantages- * The energy from the sun is 100% free * Infinite energy * Solar energy is a renewable resource * Eco friendly * Less to no pollution compared to now * Does not emit any green house gasses * Cost effective in long run * Not a lot of maintenance * Most solar panel systems have long life span (30 to 40 years) * And carry full warranty of 20 to 30 years * And if you don’t like bulky solar panels
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increase in spending is meant to add a flow of money into the economy to stimulate growth. By borrowing money‚ governments feel that the positive returns outweigh the negative returns and seek to reverse the effects of a recession. Advantages to deficit spending are the long term effects of the money spent appropriately. Individuals with the same access to borrowing large sums of money would be faced with spending
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Advantage and Disadvantage of Increasing Mobile Phone Use Mobile phone is a good technology which is lacking from our lives. As the manager of Institute of Occupational Safety and Health‚ I will discuss about the advantage and disadvantage of using mobile phone. In recent years‚ the world has witnessed a booming number of mobile phones. They are dramatically changing the way people contact to each other. It is apparent that mobile phone has had a profound influenced on personal live. However‚ not
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Advantages and Disadvantages of Technology in Education Ilena_jia Modern science and techonology are getting increasingly popular in education today‚ ranging from personal computers to intellectual science labs. On my part‚ they are undoubtedly beneficial to students rather than detrimental. It’s undeniable that the Internet brought human beings to a whole new world‚ where people can exchange information freely and rapidly‚ so why don’t we draw upon it as a way to guide the students through
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communication? Just flip open your cell phone‚ type in a quick “meet me @ 2 plz” and press send. Text messaging is an easy and discrete way of communicating with others‚ but it has its disadvantages and advantages. It is not a surprise why texting can cause so man problems physically and mentally. There are several advantages for texting rather than having a voice communication. One main argument of why texting is better is that it gives a lot of discretion. Text messaging allows you to communicate with
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