How abundant million euros contained by a billion?
Answers: 1,000
No concern whether it's in the order of Euros or beans. 1 billion ability a thousand of millions.
Accounting problem...please comfort me out!?
1. Invested $10.000 lolly2. Purchased equipment for $5000 lolly
3. Paid $400 for rent
4. rewarded $500 lolly for supplies
5. Incurred $250 of adv. costs on rationalization
6. received $5100 within bread from customers for repair service
7. Withdrew $1000 change for personal use
8. compensated bit time hand salary $2000
9. remunerated utility bills $140
10. provided repair service on rationalization to customers $750
11. collected change of $120 for services billed surrounded by transaction (10)
a) wht is the closing moments assets??! how to total??
b) wht is the lattice income? how to add??
i dont know how calculate~~please helpppp me
Answers: a) wht is the finish property?
Ending wealth :
Initial investment 10,000
Withdrew for personal use (1,000)
Net income 3,060 (see below)
Ending funds : $12,060
b) wht is the lattice income?
Net income:
Revenues
repair service $5100
repair service $750
Less -
Expenses
rent $400
adv. costs $250
subdivision time member of staff salary $2000
utility bills $140
Net income : $3,060
DebitCredit
Cash10,000.00
Equity10,000.00
Equip5,000.00
Cash5,000.00
Cash400.00
Rent Expense400.00
Supplies-asset500.00
Cash500.00
Acct Payable250.00
Advertising250.00
Cash5100
Sales5,100.00
Equity1000
Cash1,000.00
Salary Expense2000
Cash2,000.00
Utility Expense140
Cash140.00
A/R750
Repair Income750.00
Cash120
A/R120.00
Cash6,180.00Debit
AR630.00Debit
Equip5,000.00Debit
Supply500.00Debit
AP250Credit
Equity9000Credit
Profit3060Credit
Income
Repair750Credit
Sales5100Credit
Expenses
Salaries2,000.00Debit
Rent400.00Debit
Utility140.00Debit
Advertising250.00Debit
Profit is 3060 and equity is 12060
first prepare brass book showing vent symmetry and receipts datewise on the reception side (Debit) and payments on right side (Credit). afterwards post transactions surrounded by dosh book to ledger accounts (giving respectively type of expense or income a different name). total adjectives ledger accounts. profit and loss information can be constructed by book expense items on the not here and income on the right. the difference will be any profit or loss.
possessions process adjectives assets (including debtors) minus liability. cease funds is arrived at by accumulation to the initial property the profit or deduct loss therefrom. lattice income is the difference between income and expenses.
surrounded by accrue accounting system, you enjoy to rob watchfulness that lone the income and expenses pertaining to the year are considered and those pertaining to subsequent year or excluded.
Don't consider too much. Most of the information in attendance are to verbs you.
Capital is equipment or #2 or $5000
Net Income is # 10 or $750
Now, I am not 100% sure on network income. I believe # 6 ($5100) and #11 ($120) are considered dosh flow. If you provided the services even earlier collecting the lolly, you can considered them as income. The uncollected portion is below collectible.
finish funds
assets = liability + means
assets = assets - liability
I am self chased for a debt my company incurred - what!?
My company refusedto wages a small invoice due to a breach of contract. I represented the company as an hand to set up tje operate - thats usual perceptibly.Now, I am man instinctively chased by the being, they should be chasing the company!
IM IN THE UK - UK LAW
Any comments?
Answers: A company within the UK have something call 'Limited Liability' - this is greatly defining.
It method that the officer of the company, its directors, workers etc, can not own civil endeavour taken against them if it results from the companies comings and goings.
The ethnic group chasing you for the money are vastly silly indeed.
First, write to them and right to be heard you are not libel for the debt, and instruct them to contact your company directly. Tell your employer around this and I support you distribute the memorandum Recorded Delivery.
If they still chase you, save the junk mail but ignor it.
If and when you seize a court summons, put a gluey black rank through adjectives the page and surrounded by the 'defence' bit write;
'I am not libel for this claim. I am an member of staff of ....xyz...Ltd... and the claim must be directed to them directly. I hae notify the claimant detailed of this certainty and I own evidence they enjoy received my memo.
Please strike my heading from the account without beating about the bush.'
This will resolve the issue and create the company chasing you look similar to prats to the Court Service and it will cost them more money to re-file the covering as they will own to start adjectives over again!
Any non-criminal accomplishment done by an member of staff on behalf of a company is the responsibility of the company. The debt is purely the company's responsibility. Write to the creditor setting out why it is not your debt, save a copy, convey it by record assignment so you enjoy proof they enjoy received the notification.
If they still chase you for the money threaten to rob them to court for bullying, if they lift legally recognized proceedings you own a shield and lead to to counterclaim. You might finish up financially surrounded by front.
I lug it your company know what have happen. Make sure they own details within writing too.
Talk to your company advocate.
You're not liable, it's lately that they hold your baptize and they surmise they can pursue this.
Just hold on to copies of adjectives the post and demands and exceed the original to your endorsed department for processing. If here is a breach of contract, next your lawful squad will be dealing near that.
Emphasise to your managing director that you are concerned give or take a few legally recognized repercussions especially about black results on your credit history.
When this is adjectives over, you will own to contact Experian and Equifax to hold any black blotch due to this undertaking removed from your credit history.
Good Luck!
Is budgeted & applied overhead indistinguishable article?
If not, whats the difference?Thanks
Answers: Budgeted overhead includes fixed and inconsistent costs that are expected to be incurred contained by the production of a product. The fixed portion consists of costs that will be incurred regardless of the volume of production. The unpredictable portion is expected to alter according to the volume of production. The overhead budget is used to establish overhead rates that will be applied as production take place. So you can say-so that the unpredictable overhead budget is equal as the applied overhead. the amount applied to products can be compared near the actual cost of the product to determine how much the actual cost vary from the budget.
Who is the current CEO of the W3C?
Tried looking and I can't find it. The World Wide Web Consortium (W3C) sets Internet Standards.Answers: The World Wide Web Consortium have created the position of CEO and name Steven Bratt to the post impressive January 20, 2006. Steve together the World Wide Web Consortium contained by January 2002, serving first as COO and immediately CEO. He have primary responsibility for worldwide operation and outreach, including overall government of Member relations, the W3C Process, the Team, strategic planning, budget, legitimate matter, external liaison and crucial events.
Help: Business Homework?
I hold a business homework due tomorrow.. I inevitability a small paragraph roughly an investment within a company .. if anyone can backing plese post anything from a business magazine or newpaper or even the web..thank you
Answers: IBM nearly recoup the $1 billion it said it invested within the Linux operating system within 2001, the chief of IBM's four server groups is expected to announce Wednesday.
Big Blue said more than a year ago that it would invest $1 billion contained by Linux--spending money on tasks such as bringing the Unix clone to its full strip of servers, bringing its broad software portfolio to Linux, training its services and consulting personnel, and placing advertisement such as full-page ad within principal on a daily basis reporters.
"We've recoup most of it contained by the first year surrounded by sale of software and systems," Bill Zeitler, person in charge of the server group, said within an interview since his keynote speech Wednesday at the LinuxWorld Conference and Expo. "We contemplate it be money capably spent. Almost adjectives of it, we get hindmost."
What the best free historical currencies exchange rate beside nouns.yahoo?
could chart more than 5 years extent,Answers: www.xe.com
Public companies?
Which company within Canada is a public company?Is Tim Hortons a public company?
Answers: In 1995, Tim Hortons merged beside Wendy’s International, Inc., giving unknown focus and force to the expansion of the Tim Hortons concept surrounded by the United States. Tim Hortons locations can presently be found contained by Michigan, Maine, Connecticut, Ohio, West Virginia, Kentucky, Pennsylvania, Rhode Island, Massachusetts and New York, beside responsible expansion continuing contained by these core market. The Canadian operation is 95% franchise owned and operate, and plans surrounded by the U.S. phone for impossible to tell apart push button strategy to be implement as expansion progresses. Currently, at hand are more than 2,733 stores across Canada, and over 345 locations contained by the United States.
In March 2006, Tim Hortons completed an initial public offering of the company and be fully spun sour as a separate company as of September 29, 2006. Tim Hortons trades on the NYSE and TSX (THI).
ya here adjectives public companies
Describe some of privacy concerns of online shoppers?
Answers: Giving out my credit card number.
A guaranteed payout annuity floor (GPAF) rider contained by a erratic annuity guarantees what?
a) the owner can eventually annuitize a enduring minimum guaranteed income end regardless of how poorly the owner’s investment choices executeb)the owner can take home withdrawal free of surrender charges if the owner requests long-term thoroughness
c)once payouts fire up, no settlement will ever be smaller number than a specified percentage of the first return
d) the owner will receive at smallest a return of principal, surrounded by a lump sum, after a specified waiting time
Answers: Depends. Mostly on the carter and the contract. I buy and sell near annuities adjectives the times, so that's the most accurate answer. Riders can be adjectives, sometimes adjectives, or completely worthless depending on the holder and your situation.
In broad, a guaranteed floor (say 3%) on a unsettled annuity is the minimal tale importance that will be within the contract if you choose to annuitize the contract. That's not the information worth or even surrender efficacy, but the minimum annuitization significance. Basically, the merit that company will use to end your annuitized income on.
Although, some carrier on newer policy (think 2006/2007 introduction) the guaranteed minimum value/floor is in actual fact minimum commentary helpfulness use for sums of a systematic cancel. This is different from an annuitization within that you can choose to stop the income stream and embezzle the current surrender good point and totter away.
Here's the counsel (with disclaimer: natter to a trusted and clued-up insurance agent/financial professional. Yeah, sometimes they're tough to find because they're inmate agents and pushes products from their companies with the sole purpose. You'll requirement to look for independent advisor that works beside adjectives firms.) In common, I can`t stand doing mutable annuity beside those types of riders. Those riders chomp through into your growth and that's what a unsettled annuity is for, else you would be looking at a fixed or fixed index annuity (FIA).
Some FIA carrier, those riders are portion of the policy next to minimal policy cost Why? Because they know the math, they own run their models against historical facts. Guess what... solely one ten-year term 1964-1973 (I believe that be the period) that rider would own come into effect. It's approaching getting duration insurance on a tot. Yes, there's a probability of something going on, but the costs far out weights the (benefits x probability of event).
5k check for mystery shopping commission?
So today I recieved a check within the messages for $4,995. It is for "shoppingjobs.net".Should I dosh it, and dally and see what happen?
Answers: . Do NOT 'cash' it!!
Take it to your investor, NOT only just the 'teller', and ask him what the Restrictions might be on the check.
You might be authorizing some munificent of insurance scam!
If the merchant banker say it's ok, still do NOT 'cash' it. Just deposit it surrounded by your Savings Account, and consent to it sit in that for 30 days.
NO, DO NOT CASH IT!
The website below will make a contribution you information something like this type of scam!
Offical Document Retention?
I am looking for a breakdown of how long we are properly obligated to hold paperwork for business purposes, e.g. personell files, accounting papers etcAnswers: There are different rules for different types of documents.
The best summary is found here
http://www.cipd.co.uk/subjects/hrpract/p...
a minimum of 6 years