CHAPTER 2 DOUBLE ENTRY SYSTEM AND BALANCING OFF THE LEDGER OBJECTIVES. At the end of the chapter reader is expected to understand - what a double entry system is - peculiarity of double entry system in accounting. - how a transaction can be posted in order to adhere with double entry system. - what make up a ledger - how ledger can be balanced up. INTRODUTION To make a relevant disclosure of transaction in accounting sense‚ it is necessary to open up all the items affected by a transaction
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n cash STATEMENT OF CASH FLOW - Section -7 Why statements of cash flow? They are required by the IFRS SMEs and they show the cash generating potential of a firm. A profitable firm may lack cash. Cash flow statements show the difference between cash and profit. Objective of Section 7: To explain the historical changes in cash and cash equivalents of an enterprise under the following activities; operating‚ investing and financing activities and changes in cash and cash equivalents.
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period and the evolution of the Indian two wheeler industry from scooters to 2 stroke and 4 stroke bikes with a strong emphasis on BAL while reviewing its strategies. Along with the analysis‚ this paper suggests the possibility of BAL moving into developing markets in order to increase sales and establish a global footprint. The report also includes SWOT & PESTLE analysis of BAL which will help it to formulate an effective marketing strategy for the next five years. In addition to SWOT and PESTLE analysis
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secure a position where my Education background‚ experience ‚ skills and potential can be utilized and development to fullest. Education Background Secondary: Milaor National High School San Jose Milaor Cam. Sur 2012-2013 Elementary Bal-flor Elementary school Flordilize Milaor Cam. Sur 2008-2009 References: Brgy. Captain. Dennis Glen Sta. Rosa Balagbag Milaor Cam. Sur Mr. Ramon Bolivar Pricipal Milaor National High School RESUME Marinel C. Dialino Zone 3‚ Balagbag
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Costs assigned to the building of a house should appear on the income statement when Answer a. the purchase order to manufacture the house is received. b. the house is sold. c. cash is collected for the sale of the house. d. the house is completed. The basic document for keeping track of costs in a job order costing system is a Answer a. labor time card. b. job order cost card. c. process cost report. d. materials requisition form. The following information is available at the
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Case study 1: Bajaj Auto Ltd. Your task : Analyze the position of Bajaj in the current market set-up‚ evaluating its strengths‚ weaknesses‚ threats and opportunities available. Bajaj Auto Ltd. (BAL) is one of the oldest and the largest manufacturer of automobiles in India and has been the market leader in scooters. In 1990s‚ the near monopolistic market structure‚ perhaps‚ lulled the company into being complacent and they gave way to the competitors like Hero Honda and TVS. Hero Honda and TVS
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Charles Brack 26 June 2010 ACC-101 Written Assignment I 1.2) Boeing Company is the largest manufacturer of commercial aircraft in the United States and is a major employer in Seattle‚ Washington. Explain why each of the following individuals or organizations would be interested in financial information about the company. a. California Public Employees Retirement System. One of the world’s largest pension funds. They would be interested in Boeing’s financials to see how much the
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[pic] Chapter outline: 1. Origin of the report 2. Aim of the report 3. Objectives of the study 4. Scope of the study 5. Methodology of the study 6. Limitation of the study 1. Origin of the report: Internship is a part of the BBA program of the department of Business Administration of Leading University. Here‚ one report is necessary to justify our work in internship. The report was assigned by the department. The topic of the report is “a study on customer services in Bank Alfalah
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Cited: Anyon‚ Y. (2009). Social Theories of Learning Disabilities: Understanding Racial Disproportionality in Special Education. Journal of Human Behavior in the Social Environment‚ 44-57. Artiles‚ A. J.‚ & Bal‚ A. (2008). The Next Generation of Disproportionality Research Toward a Comparative Model in the Study of Equity in Ability Differences. The Journal of Special Education‚ 4-14. Beratan‚ G. D. (2008). The song remains the same: Transposition and the
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BOOK KEEPING • Book keeping is all about business transaction. • Accounting not just includes book keeping but interpreting the records of business transaction. • Booking and Accounting allows a person to know whether there is profit made in a business transaction or losses made. • All transaction is kept in ledger. • In ledger‚ there are a lot of accounts. • For all the accounts‚ there is title. Etc. Cash Account‚ Mr. Tan’s Account or ABC Account. • If
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