The balance sheet consists of assets and liabilities of any firm. The assets are called as the uses of the firm and the liabilities are called as the sources of the firm. Sources of the firm: (Debts or liabilities): The debts or liabilities are the claims of the outsiders against the assets of the firm. The liabilities refer to the amount payable by the firm to the claimholders; i.e. the amount owed by the firm to other parties. For an obligation to be recognized as a liability‚ it must meet three
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Out of all types of conflict‚ those that exist between a person and himself can prove to be the toughest to overcome. This is because one can only rely on himself to solve the problem. In “The Life You Save May Be Your Own” by Flannery O’Connor‚ the major conflicts resides within Mr. Shiftlet. This man vs. self conflict involves the struggle in which Mr. Shiftlet tries to overcome his evil ways‚ but continues to fail in the shadows of his own selfishness. He attempts to undertake good deeds to help
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and historical material. His dependence on earlier sources was a natural consequence of the speed at which playwrights of his era wrote; in addition‚ plays based on already popular stories appear to have been seen as more likely to draw large crowds. There were also aesthetic reasons: Renaissance aesthetic theory took seriously the dictum that tragic plots should be grounded in history. This stricture did not apply to comedy‚ and those of Shakespeare’s plays for which no clear source has been established
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THE CLASSICAL ECONOMIST VIEW OF SUPPLY CREATES ITS OWN DEMAND IN THE NIGERIAN ECONOMY. The classical economists accepted Say’s Law of Markets‚ the doctrine of the French economist Jean Baptiste Say. Say’s law holds that the danger of general unemployment or “glut” in a competitive economy is negligible because supply tends to create its own matching demand up to the limit of human labour and the natural resources available for production. Each enlargement of output adds to
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3.1 Trial balance 3.1.1 The source and structure of trial balance A trial balance is a list with two columns‚ which are debit and credit. It is important to every company that they need to check the errors that maybe made during enter the transactions into general accounts. If the principles of the double entry have been correctly applied to the recording of transactions in ledger accounts‚ the total of debit balances will equal to the total of credit balances. So the total of the debit column should
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Strand Street in Douglas is the biggest social street on the Isle of Man. Even though this street can seem insignificant in comparison to City Road in Cardiff and is very different‚ they both have very similar features from a social science point of view. Strand Street is long‚ with a diverse range of shops‚ cafes and bars‚ and services such as a post office‚ banks‚ opticians and others. Strand Street is pedestrianised‚ but it is situated only one street up from the main promenade traffic‚ and
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Coming of Age In Danielle Evans book‚ Before You Suffocate Your Own Fool Self ‚ three African-american girls find their true identity within their faults and experiences struggling with modern day issues such as sexism‚ racism‚ and differences of age amongst the characters. It is expected as young girls to follow society’s rules that is in the environment to which they live and belong to. Each girl attempts to be and do things that are not of their own natural state of character. All not entirely
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important for everyone to find a balance point between work and life. It has also analyzed the ways and solutions to find the balance point. It can be mainly divided into five dimensions according to DuBrin.A’s book HUMAN RELATIONS‚ CAREER AND PERSONAL SUCCESS: working pressure‚ target of your work‚ life management‚ time-management and time-wasting. They are all detailed ways to manage your work as well as your life‚ (including your entertainments and study) aiming to improve your efficiency not only at work
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Can you say what your strategy is? - David J. Collis and Michael G. Rukstad The authors emphasize on the importance of having a short (35 words max) company strategy‚ and communicating it to the employees. This is important to direct the companies operations in a coherent manner. The company and its employees need to know where the road is going. A strategy is not about your values of your mission‚ but simply about what your competitive game will be: what are you doing differently to your competitors
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and any other means necessary to achieve teamwork. Dr. Clayton Christiansen describes how it molds children as well as in a corporation. In my parents’ house‚ this was their choice when my siblings and I were out of line. It would usually start with a series of threats. When threats were not taken seriously‚ it would be followed by immediate punishment. Dr. Christiansen in his HBR article‚ “How Will You Measure Your Life?” explains that these tools shaped a culture with some significant traits. The
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