Adjusting Accounting Journals On The End Of An Accounting...

Adjusting debts making ready economic statements accounting principles and concepts are an arrangement of huge traditions which have been formulated to provide an essential shape to financial reporting. Adjusting entries are made to your accounting journals toward the end of an accounting duration. Adjusting entries are made after an ordeal regulate is readied. The motivation at the back of adjusting entries is to change incomes and fees to the accounting time frame wherein they really happen. Following adjusting entries are made in the accounting journals, they may be offered on the general ledger much like some other accounting journals entry. Adjusting Accounts Preparing Financial Statements Accounting Concepts and Principles are an arrangement of wide traditions that have been formulated to give an essential structure to financial reporting. Adjusting entries are made in your accounting journals toward the end of an accounting period. Adjusting entries are made after a trial ad just is readied. The motivation behind adjusting entries is to change incomes and costs to the accounting time frame in which they really happened. Subsequent to adjusting entries are made in the accounting journals, they are presented on the general ledger just like any other accounting journals entry. The Accounting Period The importance of records is frequently related to its timeliness. Useful records must get to decision makers regularly and fast. To offer timely statistics, accountingShow MoreRelatedThe Accounting Cycle1035 Words   |  5 PagesThe Accounting Cycle Presented to Ms. Aisha Meeks Department of Business Management College of Business Administration Alabama State University In Partial Fulfillment of the Requirements for the Course ACT.214.04 By Krystal Hall January 26, 2013 Memo: To: Ms. Aisha Meeks From: Krystal Hall Date: 2/26/2013 Re: The Accounting Cycle Every company has an accounting cycle. An Accounting cycle is the process that begins with analyzing and journalizing transactions and it ends withRead MoreDefine: Generally Accepted Accounting Principles and Accrual Basis1391 Words   |  6 Pages(a) Debit side 2 (b) Credit side 2 How is profit determined under (a) the cash basis of accounting and (b) the accrual basis of accounting? 3 Why are adjusting entries necessary? Surely they cause too much delay in preparing financial statements, and the financial effect of any entries made is immaterial in the long run.’ Respond to this criticism. 4 Compare and contrast the purposes of adjusting entries and closing entries 4 References: 5 Define the terms assets, liabilities, andRead MoreCh 3 Review1375 Words   |  6 PagesChapter 3 (REVIEW-Self study chapter) After studying this chapter, you should be able to: Understand basic accounting terminology. Explain double-entry rules. Explain how transactions affect the accounting equation. Identify the steps in the accounting cycle and the steps in the recording process. Explain the reasons for and prepare adjusting entries. Explain how the type of ownership structure affects the financial statements. Prepare closing entries and consider other matters relatingRead MoreWorking with Financial Statements1378 Words   |  6 PagesWorking with Financial Statements Accounting is the heart and soul of executing a successful business. Accounting is used to provide record for all items that are paid and received for a business over any period of time. Within the purpose of accounting lies the need to provide continuity and sustainability within a business, without it a business will not thrive. The information obtained is kept on record, in order to give insight to upper management on data concerning the daily revenue and expensesRead MoreAcc 201 Final Project Part I Accounting Cycle Report1280 Words   |  6 Pages ACC 201 Final Project Part I Accounting Cycle Report Saheed Alabi Southern New Hampshire University â€Æ' The purpose of accounting cycle report is to keep the best accounting records up to date. It also assist in producing the best possible financial statement that shows the true pictures of the business or organization and help making a good call whether business is profitable or not. Journal Entries: This is the first step in accounting cycle and are used to record all business transactionsRead MoreThe Accounting Cycle1405 Words   |  6 PagesThe accounting cycle is the process by which companies produce their financial statements for a specific period of time. It consists of ten steps, each step depending on the information generated in the previous step. Any business that fails to follow the steps of the accounting cycle, or omits any piece of vital information, risks ending up lost in a wave of inaccurate numbers or accounts that don’t balance correctly. The first step in the accounting cycle is to collect all the documents relatedRead MoreAccounting Essay932 Words   |  4 Pagesabout accounting every new chapter introduces relevant information while consequently building on the data introduced in the previous chapters. This lesson expands further on the accounting cycle by explaining how to adjust and update accounts at the end of the period. Therefore, we learn a new concept which is also referred to as adjusting the books. I am quite convinced that there are numerous people who are familiar with that term, nevertheless, in accounting when we talk about adjusting the booksRead Moreacct closing process1190 Words   |  5 Pagesupcoming accounting period, and 2. These temporary accounts are closed (transferred) to retained earnings to reflect changes that have occurred during that accounting period. (Spiceland p. 79). There are three times during an accounting period when a company should perform a closing process, daily, monthly and yearly. This memo will discuss the month- end closing process, the year-end closing process and the accounting process cycle as a whole. â€Å"The month-end closing process is an accounting procedureRead MoreAccounting Cycle Paper690 Words   |  3 PagesAccounting Cycle Paper Acc 421 Date Accounting Cycle Paper Accounting is a financial information system designed to record, classify, report, and interpret financial data. The accrual concepts states that accounting income is measured by matching the expenses incurred in a given accounting period with the revenues earned in that period. The accounting cycle is 6 steps. The accounting cycle is a logical series of steps that accountants follow to keep necessary accounting recordsRead MoreAcct 212 Week 4 Midterm Exam961 Words   |  4 Pagesaccounts. 2. Assets = Liabilities + Owners Equity Assets = 12,000 + 50,000 Assets = 62,000 Cash and equipment could be used as two examples. (TCO 1) The Accounting Equation is used to develop the organizations financial reports. (1) Describe what assets value would be if Liabilities are $12,000 and Owners’ Equity is $50,000 by showing the Accounting Equation (10 points) and (2) provide an example of two asset accounts that could contain the value. (10 points) (Points : 20) (TCO 1) The financial statements

Durkheim-Sociological Issues Surrounding Suicide - 2023 Words

Emile Durkheim was one of the most influential people to write about suicide and its causes. Suicide had previously been thought to be a moral and psychological problem whereas Durkheim related suicide to sociological problems in modern society. He believed and worked to prove that suicide was not related to individualism but linked to the effects of the external influences of modern society. External social influences upon an individual covered the broad and varied aspects such as culture, religion and family. Durkheim believed that suicide was directly related to the level of social integration and/or regulation of a person in society. He developed groups into which an individual was categorised according to their level of integration†¦show more content†¦These influences all proved to be important variables but there were contradictions. Still, he needed to categorize incidents of suicide into groups. Durkheim proceeded to distinguish suicide into four different groups that related to the individual’s integration into society and in turn the social regulation of society over its members. ‘Consequently, we shall be able to determine the social types of suicide by classifying them not directly by their preliminarily described characteristics, but by the causes which produce them†¦. We will first seek the social conditions responsible for them; then group these conditions in a number of separate classes by their resemblances and differences, and we shall be sure that a specific type of suicide will correspond to each of these classes.’ (Durkheim, 1897) The four suicide groups were identified as Egotistic, Anomic, Altruistic and Fatalistic. Although the four groups are varying in their relevance today due to the many changes in society since Durkheim first named them, they are still strongly recognizable in modern society. Egoistic Suicide relates to the degree of social interaction and the strength of mutual values within a social group. Some of the variablesShow MoreRelatedThe Sociological Imagination and Understanding Personal Troubles as Social Issues1259 Words   |  6 PagesThe Sociological Imagination and understanding personal troubles as social issues: The Sociological Imagination allows us to question â€Å"things† or issues which are common and familiar to us and to find its deeper meaning. With the Sociological Imagination way of thinking, we find reasoning and uncover why many things in society are the way they are. The Sociological Imagination does not attempt to understand the individual and his or her problems alone, but focuses on issues and problems as itRead MoreCanada in a Youth Suicide Crisis Situation Essay1532 Words   |  7 PagesCanada in a Youth Suicide Crisis Situation The idea of youth committing suicide mystifies our societal logic. We do not understand the reasons why youth -normally associated with energy, determination and possibilities- turn to such a final act as a solution. Suicide eventually enters all of our lives, either directly or indirectly. However, the situation becomes more cruel and unfair when a youth commits suicide. We can not help but think of the opportunities and potential lost so swiftlyRead MoreSuicide Theories.758 Words   |  3 Pagesare many different theories surrounding suicide. This essay shall briefly describe Durkheim s Sociological Theory of suicide and Freud s Psychoanalytic Theory. Psychological autopsies shall then be discussed which have contributed to Shneidman s shared characteristics of suicide. Suicide victims and prevention will also be discussed. Durkheim s Sociological Theory of suicide identifies three different types of suicide - egoistic, altruistic and anomic. Egoistic suicide victims feel that they haveRead Morecrime and deviance4817 Words   |  20 Pagesrights and state crimes. Crime control, prevention and punishment, victims, and the role of the criminal justice system and other agencies. The sociological study of suicide and its theoretical and methodological implications. The connections between sociological theory and methods and the study of crime and deviance. Sociological Methods Quantitative and qualitative methods of research; their strengths and limitations; research design. Sources of data, including questionnairesRead MoreSociological and Psychological Theories of Crime Causation1978 Words   |  8 PagesSociological and Psychological Theories of Crime Causation The aim of this essay is to compare, contrast and evaluate two sociological theories of crime causation and two psychological theories of crime causation. Sociological Theories of crime, Labelling and Structural Functionalism/ Strain. Howard Becker is a sociologist that is often credited with the development of the labelling theory. However the origins of this theory can be traced back to sociologists at the beginning of the twentieth centuryRead MoreDurkheim s Theory Of Social Bonds1339 Words   |  6 PagesEmile Durkheim was a French Sociologist and philosopher and is currently known as one of the principal founders of modern sociology. That being said, he has coined and established many sociological theories throughout his time that still are relevant today and have been studied by many sociologists during his time and now currently. One of the more popular theories that has been altered slightly but still used today is Durkheim’s Anomie Theory. The Anomie Theory has been studied by many other famousRead MoreThe Usefulness of the Sociological Imagination  in Relation to Gender, Social Inequality and Suicide1766 Words   |  8 PagesThe Usefulness of â€Å"The Sociological Imagination† in Rela tion to Gender, Social Inequality and Suicide Sociological imagination is the â€Å"quality of mind† (Mills, 1959: p. 4) that enables us to look outside our everyday life and see the entire society as we were an outsider with the benefit of acknowledge of human and social behaviour. It allows us to see how society shapes and influences our life experiences. Is the ability to see the general in the particular and to â€Å"defamiliarise the familiar†Read MoreThe Theory Of Suicide : Modern Society And Youth Suicide2743 Words   |  11 Pages The (Un) Collective Consciousness: Modern Society and Youth Suicide in Canada Jordan Armstrong (250413907) Soc. 2240E Survey of Sociological Theory Dr. Amanda Zavitz-Gocan July 2, 2015 In the modern technological society we live in today, information can be shared instantaneously. These pervasive technological tools can usually be seen positively: by providing much needed information to the public in times of crisis or joyous celebrations of achievements. In contrast, thereRead MoreComparing Marx, Durkhiem, and Webers Perceptions of the Development of Society from Pre-Modern to Modernity1298 Words   |  6 PagesComparing Marx, Durkhiem, and Webers Perceptions of the Development of Society from Pre-Modern to Modernity Sociological perspective has benefited from Marx, Durkhiem and Weber’s theories, regarding human nature and the development of their societies. Each one had their differing characteristics. Marx saw class conflict and Capitalism central to his theory, whereas Durkhiem concentrated onRead MoreThe Effects Of Suicide On Our Society2173 Words   |  9 Pages The Effects of Suicide On Our Society People have been committing suicide since the beginning of time. Suicide is defined as the death of a person, caused by self-directed injurious behavior, with any intent to die as a result of that behavior. A suicide attempt, is a non-fatal, self directed, potentially harmful behavior, with any intent to die as a result.. A suicide attempt may or may not result in personal or physical harm. Suicidal ideation is an individual having ideas and considering

Models of Teaching Free Essays

1. (a) One of my unit plans major strengths is the way in which it utilized many different teaching strategies that are compatible with the different ways in which students learn. Visual learners are able to benefit from in class activities such as identifying vocabulary words on a blueprint and collecting magazine photos of items from the vocabulary list and making a collage. We will write a custom essay sample on Models of Teaching or any similar topic only for you Order Now Students who learn best through physical activity will become more familiar with vocabulary words through activities like purchasing the vocabulary items at a simulated store and participating in role play activities. Students who learn by hearing will also benefit from role play activities and hearing and using the vocabulary in the dialogue that will be used and practiced in class. Another strength of my unit plan is the emphasis it places on combing individual learning activities with group work. Individual activities will allow the student to commit the daily lessons to memory at his or her own pace, and they will also allow an informal opportunity for assessment. Group activities will facilitate the development of the students’ social skill. (b) My plan focuses heavily on the Application level of Bloom’s Taxonomy. Students are required to use the newly acquired vocabulary words to describe items they may need for class. They are also required to use the words to describe items they have at home, and items they would like to have, thus allowing the students to apply the newly learned words to everyday life. The students will also apply the vocabulary in activities such as the simulated store setting and in group activities in which they will engage in dialogue and describe the items they have in class. (c) I would strengthen my plan by creating more interdisciplinary learning experience. Although my plan does somewhat incorporate interdisciplinary learning by including an activity in which students will identify vocabulary items that are needed for other classes (i.e. pencil, eraser, calculator for math), there are other ways in which different academic subject areas may be combined to facilitate learning in Spanish. 2. (a) Assessment will have two primary roles in my instruction. First, it will serve to help in gauging the different ways in which the students learn and their areas of strength and weakness. In this way, assessment will provide feedback regarding how lessons and teaching methods can be tailored to best meet the needs of each student. (b) Second, state standards will serve as a minimum target level of achievement that I would work to assist each student in meeting and exceeding. (c) An example of an assessment that I would use to gain feedback is the oral vocabulary test, which requires the students to listen to, spell, and define the word. Tests which focus on grammar and writing skills will not only be used to gauge the student’s skill levels, but they will also be used to ensure that the students are meeting state requirements in areas such as writing, grammar, and comprehension. 3. I would first look at the areas in which the students struggled as well are areas in which the students may have strengths. I would then determine the ways in which student is best able to learn (i.e. visually, orally, or by participating in activities). After determining the student’s learning style, I would focus on these students more during activities which incorporate the specific style in which the student is best able to learn. Finally, I would pair those students who struggle with stronger students during group activities so that the students who struggled on last year’s assessments may interact with their peers and be helped by them. B. I would like to incorporate a real-life example that focuses on the lesson (i.e. a Spanish-themed television show, video, book, or movie that focuses on the typical day of Spanish youth at home and at school). After presenting the material to the class, the students would report on their observations of a typical day in the life of the Spanish characters, and they would give their opinions on Spanish culture and how it compares to their own culture. This activity would help students improve their listening skills (in the case of a video, television show, or movie) or their reading skills (in the case of a book). The report that the students would be required to complete and present would allow students to develop their writing and presentation skills. How to cite Models of Teaching, Essay examples

Digital Marketing for Business and Management- myassignmenthelp

Question: Discuss about theDigital Marketing for Business and Management Review. Answer: Flipkart is an Indian company which started its business by selling books only and rapidly the business has expanded in every field by delivering all kind of products to the customer. It has occupied a good place in the market. It had offered a platform to sellers to sell their products to wider audience. The Flipkart started with an objective to offer access to books to the one who have internet access. It groomed ranging from books to online movies, games, clothing's, accessories to electronics (Dutta, 2017). The reason behind their success is the motive to provide online shopping experience to customers. It just took two years to make a good place in the market by their services. Currently Flipkart has expanded to warehouses, distribution centres and variety of products. Target audience of this brand includes people of all age group as it has various products available on a single platform. It is one of the leading online companies that covers everything from books, media, automat ic items, sports, electronic, home appliance as well as basic daily needs (Chakraborty, 2017). It has promoted its services to target audience by social media websites, television and radio jingles. Mostly it has targeted the youth population, frequent internet users, discount seekers as well as academic institutes. It has developed an IT infrastructure with its own logistics to reduce the dependency on third party. Flipkart has been using different digital marketing policy to attract more customers and create the brand awareness among the audience. It is one of the e-commerce sites that focus on ore and more customers (Adam and Ahmed, 2017). Some common digital marketing strategy used by Flipkart is: Goggle Adwords It has used the target keywords to attract more customers and using keywords help in appearing in top search results. Advertisement- As most of the youth spent time on Facebook, twitter and many social media sites thus advertisement on this sites redirect the customers to the website which helps in increasing the traffic (Successstory,2018). Blogs- It is one of way to promote the products among customers. Other than that various social media tools are: LinkedIn- It is a networking tool used for growing the business by referencing to larger audience as it helps by eliminating the gatekeepers and making valuable connections by making advanced search. Twitter- Flipkart uses Twitter to connect with more customers and spying on competitors. It is a way to promote the brand and get brand loyalty from the customers. Facebook- It is a free social networking website which has involved almost entire population it helps in marketing of the product by advertising the deals and promotions (Shukla, Vyas and Shastri, 2018). YouTube- It helps in promotion of brand and attracting more customers by offering those discounts (Shukla, Vyas and Shastri, 2018). Brand has been unsuccessful in the last years and many challengers have beaten them. The reason of failure was it didnt focus on customers behaviours and didnt provide additional bonus and benefits to customers (Vakeel, et. al, 2018). Wherein the challengers were offering better services and have gained market trust by quality of the products. Flipkart stopped inventing new products and didnt work on the customers request and dont adapt to market changes. It kept on selling old goods to suppliers and asked for guarantee that they will sell their products future to customers in the market this was the reason customers lost their interest. Apart from that it didnt offer discounts and marketing support and other facilities to attract more customers. Other brands like Amazon use the policy of recording clients behavior and offered additional bonus to raise the worth in the market. While Flipkart sells the product via website still there are numerous restrictions as they charge bills for showcasing their goods on the website (Pandey, 2017). Therefore it has been crushed by Amazon in the market by using innovated ideas and methodology to gain more traffic. Earlier, people were relaxed using Flipkart as they felt it was simple to handle but ultimately when amazon emerged in the market flipkart suffered a downfall. Comparing Flipkart with amazon, it has crushed Flipkart in the marketplace and is one of the foremost working retail company in todays world. It has gained attention among all customers and the reason for their success is providing better facilities to clients in low price and also reduced the delivery time as compared to flipkart. Amazon has also collided the market of Flipkart in terms of customer contentment (Roy and Charaborti, 2017). According to the research, amazon has redesigned it services by understanding the strategic plan of flipkart. On the other hand comparing amazon with flipkart, it does not bid any terms of suitability to customers like extra profits. Flipkart was compressed by amazon as it was very slow in reacting to market changes (Businessinsider,2018). References Adam, M.A. and Ahmed, F., 2017. Contemporary digital marketing practices in food chains in Pakistan.International Journal of Business and Management Review,5(6), pp.72-119. Businessinsider,2018.These are 10 lesser known facts about Flipkar.Available from https://www.businessinsider.in/Theseare-10-lesser-known-facts-about-Flipkart/articleshow/56663967.cmsAccessed on 06 April 2018. Chakraborty, S., 2017. An Empirical Investigation On The Association Between Consumer Online Impulsive Buying Behavior And Website Quality-A Study With Special Reference To Flipkart Online Store.Imperial Journal of Interdisciplinary Research,3(3). Dutta, S., 2017.Analysis of flipkart and amazon e-commerce business in the Indian context(Doctoral dissertation, Indian Institute of Management Bangalore). Pandey, A., 2017. Flipkart Internet Pvt. Ltd. V. State of Kerala: A new Step in the Spectrum of E-Commerce Taxation. Roy, S.K. and Charaborti, R., 2017. Case Study 5: Amazon. in: Surviving in a Jungle. InServices Marketing Cases in Emerging Markets(pp. 45-59). Springer, Cham. Shukla, P., Vyas, P.H. and Shastri, H., 2018. Investigating the Mechanics of Affiliate Marketing Through Digital Content Marketing: A Key for Driving Traffic and Customer Activity. InDriving Traffic and Customer Activity Through Affiliate Marketing(pp. 113-128). IGI Global. Successstory,2018.Flipkart SuccessStory.Available from https://successstory.com/companies/flipkartAccessed on 06 April 2018. Vakeel, K.A., Sivakumar, K., Jayasimha, K.R. and Dey, S., 2018. Service failures after online flash sales: role of deal proneness, attribution, and emotion.Journal of Service Management.