NATIONAL UNIVERSITY OF RWANDA FACULTY OF ECONOMICS AND MANAGEMENT DEPARTMENT OF MANAGEMENT OPTION OF ACCOUNTING SCIENCES INTERNSHIP REPORT CURRIED OUT IN AGASEKE BANK LIMITED KABUGA BRANCH FROM 30th July to 31st August 2012 Presented by Eric MUGABO UG 10100772 SUPERVISOR: Mrs. UMWIZA Marie Josée HUYE on 24th November 2012 DECLARATION I‚
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Introduction For each error‚ describe to a recently hired bookkeeper how it would be shown on a cash reconciliation. Given the following errors: ∑ The bank recorded a deposit of $200 as $2‚000. ∑ The company’s bookkeeper mistakenly recorded a deposit of $530 as $350. ∑ The company’s bookkeeper mistakenly recorded a payment of $250 received from a customer as $25 on the bank deposit slip. The bank caught the error and made the deposit for the correct amount. ∑ The bank
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ACCA members age level analysis As the world’s largest and fastest growing‚ international professional accounting body‚ one feature of ACCA‚ which is different compare to other accounting bodies‚ is ACCA focuses on young people accounting education and its members age are younger. As the ACCA account 2009-2010 presents‚ in the last 5 years‚ number of members and students were increasing‚ and the number of student and affiliates is much more than number of members. Table 1 show in appendix. ACCA
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In the competent world of management‚ every player is thriving to achieve a degree of competence essential for its survival. Over the years‚ the concept of management has been constantly evolving with time‚ as generations change and the world in a loop to an endless discovery. Peter F. Drucker‚ business philosopher and “Father of Modern Management”‚ published a compilation that was celebrated all over the world for its helpful insights on the very essence of management. The Essential Drucker was
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Reading Responses Week 2 ACC400 August 12‚ 2014 Reading Responses Week 2 What are the essential features of the allowance method of accounting for bad debts? There are three essential features of the allowance method of accounting for bad debt. First‚ companies estimate uncollectible accounts receivables and match them against revenues in the same accounting period in which the revenues are recorded. Second‚ companies record estimated uncollectibles as an increase (a debit) to bad debts expense
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Exam 2 study Guide CH 6 Front Office Communications? (guest comm. (trans. File/log book (rapid response software (info. Directory (reader (board (group bk file (mail/packaging file (telecom services Transaction File/Log Book used for? Chronological journal ( list of usual events‚ guest complaints‚ request‚ & other request Shift recap( FD calls back to make sure they got what they want Unusual events( Guest complaints/requests( Information Directory contain? (Restaurant locations
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Goods/Stock purchased or sold being returned is quite a common practice in business. This may be on account of a number of reasons like defects in goods‚ quality not matching the requirement for which the buyer purchased it‚ the buyer not needing the stock‚ etc. This happens both in case of goods purchased as well as goods sold by the organisation. Where the goods sold are being returned we call it "Sales Returns" and where goods purchased are being returned we call it "Purchase Returns"
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Date & Time : 29/09/14 4:41 PM Page : 1 of 2 User : ADMIN MEDISURE LABORATORIES PAKISTAN (PVT) LTD A-115‚ S.I.T.E. Super‚ Highway Karachi‚ Pakistan. LEDGER - FROM 01/01/14 TO 29/09/14 A/C. CODE : A/C. NAME : ADDRESS : 10205262 AYUBI AFGANISTAN VOUCH VOUCHER DATE NO. ACCOUNT NAME / DESCRIPTION CHQ / BILL NO. PRODUCT DETAIL / DESCRIPTION DEBIT BALANCE 3‚000‚000.00 OPENING BAL. AS ON : 01/01/2014 CREDIT (3‚000‚000.00) 16/08/14 SALES. SV/140805
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Bukidnon State University Malaybalay City College of Business‚ Accountancy‚ Hospitality and Public Governance NARATIVE REPORT (June 3-7‚ 2013) On-the-Job Training for students is essential since it counterpart a lot to their work-actualization in the future. The training harness the potentials and learning in school with regards to the chosen field of the student. Above all‚ experience earned at the end is immeasurable. My first day as an OJT student at Allied Banking Corporation was very
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NATURE AND SCOPE OF ACCOUNTING TERMINOLOGIES As an introduction to the course in accounting‚ it may be useful to define the following terms : - Accounts : These are the financial records in the organization. Every business transaction‚ or accounting entity‚ may be represented in an account by itself‚ e.g. wages‚ telephone expense‚ motor vehicle‚ Cash at bank‚ Investment - Book-keeping : This is the recording of the financial transactions of a business
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