Chapter 5 Case -- Stem Corporation (A)* On December 31‚ 2006‚ before the yearly financial statements were prepared‚ the controller of the Stem Corporation reviewed certain transactions that affected accounts receivable and the allowance for doubtful accounts. The controller first examined the December 31‚ 2005‚ balance sheet (Exhibit 1). A subsequent review of the year’s transactions applicable to accounts receivable revealed the items listed below: 1. Sales on account during 2006 amounted to $9
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Further Deductions‚ Capital Allowances Add: Non 10(1)(a) income 3. Statutory Income • Less: Trade Loss‚ Approved Donation 4. Assessable Income • Less: Group Relief‚ Carried-back Items‚ NCTR 5. Chargeable Income 6. Tax @ 18% • Less: DTR 7. Net Tax Payable/Refundable 1. Loss arising from 10(1)(a) income may be deducted against income from other sources and carry forward/back for set off against income from other YA. 2. Entitled to claim Capital Allowance in respect of capital expenditure
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employees to strive for higher levels of productivity” Two types of compensaton • Direct compensaton : is the financial remuneraton received by the employee‚ in the form of cash. This may in general include elements like Basic‚ DA‚ overtme‚ shift allowance‚ commissions‚ incentves‚ bonus‚ profit sharing etc. • Indirect pay : supplements direct pay ‚ consists of PF‚ pension‚ canteen services‚ mediclaim‚ paid holidays ‚ sick leave and other benefits. Remuneraton & Rewards Non-Financial Financial DIRECT
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of the influence of money‚ expect that allowance relied to chores can be a productive way not only to incite children to do the chores but also to teach them the value of money and hard work. However‚ the negative influences that money can bring make parents doubt to this method. Although some people claim that children should be paid for doing chores‚ it is my contention that paying them leads to slippery slope effects. Proponents of allowance relied to chores argue that this method
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foreign subsidiaries. Be cost effective by reducing unnecessary expenses. Should be easily understood and easy to administer. Components of Compensation: components of international compensation comprises the base salary‚ incentives‚ benefits‚ allowances‚ foreign service inducement/ hardship
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Taxation (Malaysia) Monday 1 December 2008 Time allowed Reading and planning: Writing: 15 minutes 3 hours ALL FIVE questions are compulsory and MUST be attempted. Tax rates and allowances are on pages 2–3. Do NOT open this paper until instructed by the supervisor. During reading and planning time only the question paper may be annotated. You must NOT write in your answer booklet until instructed by the supervisor. This question paper must not be removed from the examination
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CHAPTER-1 COMPANY PROFILE 1. INTRODUCTION 1.1 AB0UT ADITYA BIRLA GROUP 1.2 GROUP COMPANIES 1.3 MANAGEMENT STRUCTURE 1.4 ABOUT HINDALCO 1.5 ORGANISATION AND CULTURE 1.6 ACHIEVEMENTS 1.7 HINDALCO HR VISION‚ MISSION & OBJECTIVES “We look upon the aluminum business as a core business that has enormous growth potential in revenues and earnings.” Our vision to be a premium metals major‚ global in size and reach……. The acquisition of Novel is a step in this
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MOTOR TEMPERATURE RATINGS A frequently misunderstood subject related to electric motors is insulation class and temperature ratings. This paper tries to describe‚ in basic terms‚ the temperature relationships that are meaningful in standard AC induction motors. Some of the same information can be applied to DC motors but DC motors are more specialized and some of the ratings are slightly different. Perhaps the best way to start is to define the commonly used terms. MOTOR SURFACE TEMPERATURES
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PROJECT REPORT ON “WAGE AND SALARY ADMINISTRATION IN AN ORGANISATION” IN PARTIAL FULFILLMENT OF THE DEGREE OF BACHLOR OF BUSINESS ADMINISTRATION SESSION (2012-2013) TECHNOCARE SOLLUTION SUBMITTED TO SUBMITTED BY TRIPATI INSTITUTE OF PROFFESSIONAL STUDIES ACKNOWLEDGEMENT Summer Training is an important part of BBA and I would like to express
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Question 19. Dr Accounts Receivable Cr Dr Allowance for Uncollectibles Cr Jan 1. 82‚900 c. 4‚400 c. 4‚400 Jan 1. 8‚700 a. 240‚000 d. 231‚200 b. 4‚800 Dec 31. 87‚300 Dec 31. 9‚100 Dr Bad Debt Expense . Dr Sales Cr b. 4‚800 . a. 240‚000 Dec 31. 4‚800 Dec 31. 240‚000 Dr Cash Cr d.
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