On September 1‚ the balance of the Accounts Receivable control account in the general ledger of Montgomery Company was $10‚960. The customers’ subsidiary ledger contained account balances as follows: Hurley $1‚440‚ Andino $2‚640‚ Fowler $2‚060 and Sogard $4‚820. At the end of September‚ the various journals contained the following information. Sales journal: Sales to Sogard $800‚ to Hurley $1‚260‚ to Giambi $1‚330‚ and to Fowler $1‚600. Cash receipts journal: Cash received from Fowler $1‚310‚ from
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Structured criteria to select and categorize key accounts Profitability potential from selected customers Business opportunities that derive from an external and internal analysis of the client Key account management What this session covers The definition of a key account Different types of key customer relationship The key customer portfolio Definition of a key account Definition A key account is a customer that is of strategic importance to the supplier (McDonald and Woodburn
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PAKISTAN CURRENT ACCOUNT TO GDP Pakistan recorded a Current Account deficit of 2 percent of the country’s Gross Domestic Product in the fiscal year 2011-12. Current Account to GDP in Pakistan is reported by the State Bank of Pakistan. Pakistan Current Account to GDP averaged -2.32 Percent from 1980 until 2012‚ reaching an all time high of 4.90 Percent in June of 2003 and a record low of -8.50 Percent in June of 2008. The Current account balance as a percent of GDP provides an indication on the level
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Create a free web hosting account: Create a free account on any free web hosting site. Here is the example to make a free account at Free Webhosting . 1. Select free domain hosting and write your site’s name and free sub domain name as you like. 2. Fill up your account information and CREATE the account. 3. After your account created successfully‚ your account information‚ FTP details‚ Database Creation Details and other feature will be displayed. Read carefully all the details or save the
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CHAPTER ONE THE PROBLEM AND ITS APPROCH 1.1 INTRODUCTION Effective management of accounts receivable present important opportunities for companies. The primary objective of accounts receivable management is to collect money due and to assist in meeting cash requirement. An effective accounts receivable function can assist in achieving the desired cash flow out come through the timely collection of out standing debts. All companies have an objective of continually improving customer service
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CPA‚ P.C.‚ is dated January 31‚ 2012: [pic] .:. During February‚ Mitchell or his business completed the following transactions: Feb 4 Collected $4‚000 cash from a client on account. 8 Performed tax services for a client on account‚ $4‚600. 13 Paid business debt on account‚ $2‚400. 18 Purchased office supplies on account‚ $900. 20 Paid cash dividends of $2‚200. 21 Mitchell paid for a deck for his private residence using personal funds‚ $8‚000. 22 Received $2‚300 cash for consulting work just
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The Only Language Widely Used Language plays a significant role in defining who we are. It is a method of communication in a structured and conventional way. “Language reinforces feelings of social superiority or inferiority; it creates insiders and outsiders” (p. 242) states Robert MacNeil (2012) in his article “English Belongs to Everybody”. Robert MacNeil‚ a writer of many great historical articles‚ was once‚ a journalist and news anchor. In his article‚ “English Belongs to Everybody”‚ MacNeil
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$60‚000 cash on the purchase of equipment costing $80‚000. The remaining amount was recognized as a one year note payable with interest rate of 9%. Jan 4 Purchased office supplies costing $17‚600 on account. Jan 13 Provided services to its customers and received $28‚500 in cash. Jan 13 Paid the accounts payable on the office supplies purchased on January 4. Jan 14 Paid wages to its employees for first two weeks of January‚ aggregating $19‚100. Jan 18 Provided $54‚100 worth of services to its customers
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slight increase in accounts receivable reflecting the timing of seasonal sales at the end of 2011 as compared with 2010. Although its primary credit risk concentrates on two clients‚ McLane and Wal-Mart‚ its accounts receivable turnover is increasing. It means Hershey’s collection ability is good. Accounts Receivable—Trade In the normal course of business‚ we extend credit to customers that satisfy pre-defined credit criteria based upon the results of our recurring financial account reviews and our
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Scotiabank account. To: Kennedy House (INSERT NAME OF YOUR EMPLOYER) Please accept these instructions to automatically deposit my paycheque into my bank account as outlined below: Employee information Telephone No. EMPLOYEE NAME 905-718-4218 cell 905-425-4218 home Brent Wilson Address 148 Queen St. City Postal Code Whitby K9V 1H1 EMPLOYEE NUMBER (IF APPLICABLE) DEPARTMENT (IF APPLICABLE) Employee Bank Account Information Institution THE BANK OF NOVA SCOTIA Number Customer Account Number
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