profit and unappropriated profit. what is the accumulated profit and why do accountants and bookkeepers use different names for the same thing? (6 marks) Accumulated profits is profits that are not paid as dividend but is transfered over to the accounts for the next year. Also can be used to reinvest in the core of the business to help pay off debts or to purchase a capital asset. The reasons why accountants and bookkeepers use different names for the same thing is because bookkeepers are the people
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Transactions Show Journal entries to record the following transactions. Post them into appropriate Ledger Accounts and then extract a Trial Balance on 31st December‚ 2012: 2012 Jan 1st: Commenced business with cash Rs 1‚00‚000. Jan 10th: Bought office equipment worth Rs 40‚000. Jan 25th: Purchased goods worth Rs 25‚000; less 10% trade dis. on credit from Rahul. Feb 4th: Purchased office stationary worth Rs 500. Feb 9th: Paid premium for fire insurance Rs 5‚000 Feb 20th: Sold goods on
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Often much is made of the so-called parallels between the Genesis account of creation and various Ancient Near Eastern texts. This is an attempt to consider a few things concerning the Enuma Elish and the Genesis account of creation. When on high the heaven had not been named‚ Firm ground below had not been called by name‚ Naught but primordial Apsu‚ their begetter‚ (And) Mummu-Tiamat‚ she who bore them all‚ Their waters commingling as a single body;1 “In the beginning God created the heaven
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Inclusive education is a sign of our times. It is a way a stating that everyone counts‚ nobody is less important than another‚ everyone needs to be exposed to the same education process‚ and everyone should be treated with the same amount of dignity. In many circles‚ it is restricted to issues of disability or special need‚ but its broadest interpretation includes a much wider range of issues that should‚ or at least could be considered in the classroom setting. According to Lebeer (2006)‚ Inclusive
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Fixtures and fittings $000 $000 250 100 350 Current Assets Stock Debtors Cash Current Liabilities Creditors for supplies Accruals Bank 1540 820 3 2363 1210 192 203 1605 758 1108 25 910 Share capital – Ordinary shares Retained profits Loan accounts – Bracket Racket 104 69 173 1108 The company accountant resigned at the beginning of April 2002 and proper records were not kept for the six-month period 1 April to 30 September 2002. The following information is available for that six-month period
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m.Module 3 CAPITAL BUDGETING Meaning of Capital Budgeting :- Capital Budgeting is the process of making Decisions regarding long term investments in Fixed Assets which are not meant for sale. It is long range planning to employ the available capital for the purpose of maximizing the long term profitability of the concern. Definition of Capital Budgeting:- Prof I.M.PANDEY Defines Capital Budgeting as the firms decision to invest its current funds most efficiently in long term activities
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What is inclusive education and how will this shape your teaching practice? 3142/7278EBL – Assignment 1 1 Introduction An inclusive education upholds the ideals of an equitable society where access to and successful participation in education are considered to be the right of every person in that society. This paper will argue that whilst some steps have been taken to ensure equity in education for all‚ there is still a long way to go before Australia can provide a truly inclusive educational
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Unit 009 Understanding inclusive learning and teaching in lifelong learning I currently teach yoga to adults at the level of beginners‚ I have been teaching yoga classes for the past eighteen months. I have another year of study to undertake on the British Wheel of Yoga Diploma. My typical class sizes ideally should be between seven and fifteen students. Unfortunately I did not have enough students for my adult education course to run last term. My ideal yoga class would be ninety minutes in
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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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purpose of this essay is to discuss the limitations of inclusive growth in Zambia‚ and it will begin by defining the concepts of inclusive growth and economic growth. The essay will also take into account measures of inclusive growth and go on to evaluate the current state in Zambia by identifying the factors that promote the productivity of growth and the limits of inclusive growth and a conclusion will finally be drawn. The concept of inclusive growth has been defined by differently by different
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