MODULE - 4 Partnership Accounts Notes 20 RETIREMENT AND DEATH OF A PARTNER If you look around‚ you must have noticed people in your relation and in your neighbourhood running business in partnership. You must have seen people quitting partnership firm or a person dies while in partnership. These are the events that take place during the lifetime of a partnership firm. Some issues arise on the happening of these events involving finance. Some assets and liabilities may need revaluation‚ goodwill
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Dairy Entries Dairy Entry 1 – Explain where in the past you travelled to 28/02/24 Dear Diary. My name is Professor Sharon Jung and I am the first person in the WORLD to travel through time. I have been studying Ancient Greece for some time and I have been waiting for this moment for AGES. With all my courage‚ I took a deep breath and stepped into the time machine. 448 BCE As soon as I stepped out of the time machine‚ it was as if I was walking into a whole new world. Loud‚ busy and dirty. The streets
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As a GCU student in the class UNV 103‚ prioritizing is very significant for me because without it I would not be able to complete my assignments on time. I begin my week with reading the assignments and answering the discussion forum questions. Next‚ I usually reply to other peoples posts throughout the week. I will start writing the journal entries and completing the assignments that are due for the week on Tuesdays and Wednesdays. Finally‚ I read my work over before I finally submit my assignments
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“JOURNAL ENTRIES” a. JIL made initial cash investment. Cash XXX JIL‚ Capital XXX b. JIL made an additional investment‚ Equipment. Equipment XXX JIL‚ Capital XXX c. Purchased equipment on account. Equipment XXX Accounts Payable XXX d. Purchased equipment for cash. Equipment XXX Cash XXX e. Purchased supplies on account. Supplies XXX Accounts Payable XXX f. Purchased supplies for cash. Supplies XXX Cash XXX g. Rendered services on account. Accounts receivable XXX Service
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September 13‚ 2013 Journal Entry 1 1. In your journal‚ write the eight areas of the self-assessment and record your scores for each as follows: 60 1. Accepting personal responsibility 68 2. Discovering self-motivation 68 3. Mastering self-management 53 4. Employing interdependence 51 5. Gaining self-awareness 46 6. Adopting lifelong learning 50 7. Developing emotional intelligence 66 8. Believing in myself 2. Write about the areas on the self-assessment in which you had your highest scores
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Journal Entry Question #4: “Everyday Use” What is heritage? This is a question that begins to wander through one’s mind in Alice Walker’s Everyday Use. Although‚ it seems like a pretty generic answer‚ one sees that through this story that there are different meanings to people. Everyday Use is a story that follows a mom and her two daughters Maggie and Dee otherwise known as “Wangero.” It goes through these lives to share with the reader how people can completely abandon their past or ways of
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BANK RECONCILIATION Before entering your adjusting entries‚ complete the bank reconciliation form (page 16) for December 31‚ the statement date‚ and the last workday of the month. Enter the cash balance from the trial balance as the book balance and $49‚559.93 as the bank statement balance. Additional information needed to complete the reconciliation is listed below: 1. A late deposit of $1‚477.00 was not listed on the bank statement. 2. Checks 10064 and 10065 were not returned with the bank statement
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Journal Entry No.2 This unit has been overstressing ‚ too many projects assigned and it’s exam week. I feel burden ‚ but I know I can do this ‚ I’m a strong girl. This unit my performance is not really good‚ I don’t focus too well ‚ maybe because of too much problems ‚but thank God I have my friends who are there to help me . Trigonometry is not easy to be friend with ‚ you have to keep knowing and updating it . For instance‚ Trigonometry helped me to be an independent person ‚ to do my assignments
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Journal entries 1 February 2014 RM RM 1. Dr Ordinary Share Capital (1/4 x 120) 30‚000 Cr Purchase of own shares 30‚000 2. Dr Purchase of own shares 37‚500 Cr Bank (30 x 1.25) 37‚500 3. Dr Retained Earnings 30‚000 Cr Capital Redemption Reserve 30‚000 4. Dr Share Premium 7‚500 Cr Purchase of own share 7‚500 5. Dr Treasury shares (3/4 x 120 x 1.25) 112‚500 Cr Bank 112‚500 1 April 2014 6. Dr 8% Debentures
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Journal Entry #3 The essay on His Race for Race was a very descriptive essay. The essay spoke on the color of Barack Obama which showed the racial barriers he went through today as our president. Obama is very good with speeches and debates he mastered that from his days on the Harvard Debate Team. One point in the 2008 presidential campaign a white lady showed a racial stereotype due to ignorance by saying “she isn’t voting for Obama because he was Arabian.” Obama comes from a very large diverse
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