Fran Mackenzie | Management Accounting | Unit 7 | | Zahra Ali | 10/30/2014 |
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Assessor's comments | Qualification | BTEC Level 3 Extended Diploma in Business | Assessor name | Fran Mackenzie | Unit number and title | Unit 7 Management Accounting ( J/502/5419) | Learner name | Zahra Ali | Assignment title | Tasks 1, 2 and 3 Regional Business Support Agency. Costs and Break Even | | Grading criteria | Achieved? | Comments | P1 | | | P2 | | | M1 | | | D1 | | | | General comments | | Action plan | | Assessor signature | Fran MacKenzie | Date | |
Issue date: 6th October 2014
Final hand in date SUBMISSION 1: 3rd November 2014
Student Name: Zahra Ali
Learner’s Declaration:
I
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It also allows the business to keep a track of money going in and out of the business. There are two main categories that all the elements fall into:
Revenue expenditure –
This is the total amount of money spent by the business on regular operations that they are entitled to pay for that they need to run their business, this can be paid monthly or on other agreed set period of times, for example; rates, heating, lightning, water, rent, wages, maintenance, products, insurance and much more. All the revenue expenditures are continuous they need to be paid on time in order to sustain the operation of the business well and the business performance as any convenience can slow the business down. All operational costs will be counted as revenue expenditures whether it’s a variable cost, fixed cost, semi- variable or a semi-fixed cost, in order to maintain a business that runs smoothly and efficiently.
Capital expenditure –
This is the process of preserving fixed assets and the money which is spent by a company or an organisation in order to obtain it and manage this process. These fixed assets can be; vehicles, land, equipment/gears and buildings. This is also on the balance sheet documentation if businesses use this it will help them manage their business better. The capital expenditure is there to improve and purchase what the business needs in order to improve the product/service. For example if ‘’ Pizza
A capital expenditure is an amount spent to acquire or improve a long-term asset such as equipment or buildings. Usually the cost is recorded in an account classified as Property, Plant and Equipment. The cost (except for the cost of land) will then be charged to depreciation expense over the useful life of the asset.
cognizant of the fact that the choices he makes can affect the price a buyer pays
This assignment reviews basic accounting entries for a series of transactions, emphasizes the integration of journals to the financial statements, and introduces students to these journal entries in SAP ERP
Unit 38 Business and the Economic EnvironmentLearner name Assessor nameSameeha Hussain/Antonio ZarroDate unit issuedUnit DeadlineDate unit submitted by student27/01/1419/04/14 Criteria referenceTo achieve the criteria the evidence must show that the learner is able toAsst Task no. Assessor initial date when metPASS CRITERIAP1 Explain the effects of changes in the economic environment on a selected business P2 Identify how government policies impact on a selected business P3 Identify the impact of government spending on a selected businessP4 Explain how both fiscal and monetary policy decisions have affected a selected businessP5 Describe the impact of international factors on a selected business M1 Analyse the implications of
3. What was the balance of Walmart’s allowance for doubtful accounts (ADA) as of January 31, 2012?
Homework These problems are not in My Accounting Lab. They can be found in the Textbook Material beginning on page 379. Complete homework using Excel or PDF Working papers (below). Check your work against the homework solutions (below). Turn in your printed homework in class. Practice Problems: Quick Check #1-10 Assigned Problems: E7-13, 19, 20, P7-26A, P7-28A (14 points) Extra Credit: P7-29A (2 points)
Capital Expenditure are expenses that a company has to do to produce profit for a period of time. Capital Expenditure shows important expenses of cash, designed to show the return. So its play important role in Budget, so company keeps in record how much profit on investment can generate.
NOTE: This is your title page for the research paper in APA style. YOUR RUNNING HEAD IN ALL CAPS (a shortened version of your title no more than 50 characters). Be sure to type the words, Running head: and then place your shortened version of your title in all caps. Subheadings in the paper will derive from your brainstorming/prewriting research questions that are formed into phrases. Subheadings (for level one) are centered and bold. Always capitalize the important words in all subheadings including the title of the paper. You will more than likely have 5 to 7 subheadings. The entire paper must be double-spaced using
This shows the income of the sales revenue which is being made by the business. Also it analyses how well a business uses its assets and liabilities
Providers A and B are experiencing an accounting breakeven point at the same level of revenue and cost (revenue equal accounting cost) but different volumes.
Using your accounting and business knowledge, please discuss the following phrase in 3-4 double spaced pages (excluding the cover and reference pages).
The two junior accountants should provide accurate and sufficient accounting information to illustrate a clear financial overview of the company. If before attending the meeting, the two accountants realised that they should include the change in entity as well as other relevant reports yet they failed to do that, they themselves should identify the threats which prevented them from doing their job properly, including time limitation, low efficiency and lack of moral development.
Due to the increasing pressure to optimize business performance have convinced many companies to search for new ways such as outsourcing of financial and accounting organization. Bronzeagle worldwide services are solely made to transform companies to high-performance entrepreneurs that manage process and cut cost while allowing you to focus on the core competencies of your business. It will not only meet the potential of your customer but also it will allow you take immediate steps on emergency bases.
The financial income statement shows everything of pay and expenses of their business advantage. It is in like way called an advantage and adversity decree. The wage clarification mirrors a period. For example, a wage enunciation for the quarter completing off with March, on the 31st displays pay and expenses for the months January, February, and March. If the pay clarification is for the timetable year completing off with December, on the 31st, it would cover every one of their information from January initially to December 31st.
American Journal of Scientific Research ISSN 1450-223X Issue 4 (2009), pp36-44 © EuroJournals Publishing, Inc. 2009 http://www.eurojournals.com/ajsr.htm