Why are accounts important To begin by why accounts are important‚ a person should first know what accounts actually mean. Accounts are financial records of an organization that register all financial transactions‚ and must be kept at its principal office or place of business. The purpose of these records is to enable anyone to appraise the organization’s current financial position with reasonable accuracy. Firms present their annual accounts in two main parts: the balance sheet‚ and the income
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issue a share having face value of Rs 10 at Rs 8 Give two examples of ‘Capital receipts’. Give two circumstances in which sacrificing ratio may be applied (1) (1) (1). (1) (1) Show how you would deal with the following items in the final accounts of a club: (3) Debit credit Prize fund Prize fund Investments 1‚20‚000 Income from Prize fund Investments Prizes awarded 9000 Q7. 1‚20‚000 12000 A‚B and C are partners sharing profits and losses in the ratio of 1 : 2: 3. They have omitted interest
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My aim for this annotation is to show my understanding of Record keeping. I will show an understanding of the duties of the registered nurse in relation to record keeping‚ show awareness of the professional and legal implications and understand the role of the student nurse in relation to record keeping. Record keeping is an important part of nursing and midwifery practice and is used as a vital tool in giving effective care. It is not an optional tool as it may put the patient at risk for example
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The Club (1978)‚ written by David Williamson‚ is a satirical play that follows the fortunes and misfortunes of a football club over the course of the season. David Williamson cleverly integrates the realistic portrayal of characters and dialogue into the play in order to effectively provide the reader with an insight into the power and politics of sport and the commoditisation of players. The main themes in The Club that David Williamson communicates across to the reader are power and the concept
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Keeping the faith “Keeping the faith” is a romantic comedy that encounters and challenges love‚ friendship and faith. At the beginning‚ a drunken Catholic priest tells his story to a bartender. Brian Ginn‚ Jake Schram and Anna Riley have known each other since they were kids. Anna met Jake and Brian in a middle school and they became friends. Since then‚ they were really close. They spent a lot of time together playing sports and riding around the city. Years later‚ Anna’s father got a new job
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THE PROBLEM OF FINANCIAL RECORD-KEEPING IN SMALL BUSINESSES According to Dictionary.com‚ record-keeping is the maintenance of a history of one’s activities by entering data in ledgers or journals and putting documents in files. “Taking time to organize a good system can be tedious and time consuming‚ but it only takes one visit by a tax auditor or a turndown for a loan by a bank to convince any business owner that an organized system would be useful.” (http://www.smallbusinessnotes.com/operating/finmgmt/recordkeeping
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KEEPING FIT A person who is fit is one who can perform ordinary physical task with ease. He or she feels an sense of well being within. The likelihood of a fit person getting ill is less than one who is unfit. This is because a fit person’s body has more resistance to illness‚ and if illness does strike‚ the rate of recovery is usually faster. It is important for us to keep fit so that we are not burdened by weakness and disease. A visit to any hospital will convince anyone how terrible
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Sample Question Paper Code-254 ELEMENTS OF BOOK KEEPING & ACCOUNTANCY Class-IX Summative Assessment-II March 2011 Examination Design of Question paper Time Allowed : 3 Hrs 01. Weightage to form of Questions Type of questions 1. 2. 3. 4. MCQs Short Answer Questions Long Answer Questions(i) Long Answer Questions(ii) Total No. of Questions 16 8 4 4 32 Marks for each Question 1 3 4 6 Total Marks 16 24 16 24 80 Maximum Marks : 80 Duration of the examination will be 3 - 3 ½ hours. Evaluation will
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BOOK KEEPING • Book keeping is all about business transaction. • Accounting not just includes book keeping but interpreting the records of business transaction. • Booking and Accounting allows a person to know whether there is profit made in a business transaction or losses made. • All transaction is kept in ledger. • In ledger‚ there are a lot of accounts. • For all the accounts‚ there is title. Etc. Cash Account‚ Mr. Tan’s Account or ABC Account. • If
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Leander Picton Course Pttls Good record keeping The importance of accurate record keeping assists in establishing a reliable source of data for each client. The initial collation of client data such as diagnostic results and initial assessments provide the supportive information required for the preliminary development of an individuals learning programme. Initial and referral assessments provide an insight into a client’s previous learning experience‚ prior achievement‚ expectations and
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