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Accounting PowerPoint

Transcript: Accounting is a key part to the success of any sort of business, it includes recording all types of financial transactions involved with the business. These records will be held as the financial information that will keep order and may prove to be vital in terms of the success of a business. Lennon Roper Purpose of Accounts Keeping a record of every single transaction involved in a business may be a vital part to a triumphant business. The record of transactions means that all income to the business, this money going in may come from sales, fixed assets, rent recieved and also commission recieved. Record of Transactions Record of Transactions Failure to keep record of transactions in a business may lead to problems such as not paying bills which can add up over time and prove to be an increasing problem in the future. It may mean that entrepreneurs are not chasing up money or the correct money. Problems with tax may occur because tax payments may be incorrect. Example Example: If a self employed joiner doesn't keep record of their transactions, this might mean that they forget how much money they are owed after each job which may lead to being under paid without knowledge so that the owner of this business isn't getting their full potential of income because of failure to keeping record of finances. Monitor Activity and Control of Accounts Monitor Activity and Control of Accounts Updating records of transactions daily is a very important factor to good organisation of finances. for example, kowing exactly how much is coming in and going out of a business shows clearly any problems that could have occured which means they can be dealt with quickly and effectively. Also keeping record of how much money stands in the bank means that the owner knows if they can afford to pay bills and taxes without problems. Keeping a clear understanding of the finances of a business can mean that solutions will be easier to come to with problems concerned with profit. For example, if the expected income doesn't match the actual income but all the other finances are correct, the owner can adjust prices or wages etc. Capital and Revenue Income Capital and Revenue Income Capital income is the large sum of money used in order to set up the business that comes eitehr from the owner or investors that are giving the ownwer a sort of kick start financially. the sort of things that this money is put towards are things such as the actual bricks and mortar of the company, vehicles and equipment used in the premises such as offices, tables computers. These things are often known as fixed assets. Opening stock is also paid for in some cases by capital income in order to get sales on track quickly. Revenue income is the income from daily activities involved with the business. for example the profit they came from the product or products they sell or even the service they provide to their market daily. this income can come in 3 different ways: sales rent recieved commission Sales is the profit a business makes from daily sales of produtcs or a service. Not all businesses make profit from rent however if a company rents out apart of land to another business, they will recieve rent for the land. The money that businesses make from commission is the percentage of a product they sell as an agent that they can keep. Capital and Revenue Expenditure Capital and Revenue Expenditure Expenditure is ultimately the money spent from a business and there's many different ways in which a business spends their funds. For example, capital expenditure and revenue expenditure. Capital Expenditure is the money that a business pays in order to buy their fixed assets liek the actual building in which the company is set up or the parts inside which are going to last a long time. Revenue Expenditure is the finances that leave the business because of things such as wages for employees and general operating costs like water, gas, reppairs which may be neccessary in the workplace.

Business Accounting

Transcript: Business Accounting Value owed to the business - There can also sometimes be a cost that the business needs to pay to administrate the fund of the pension. If a bank if confident that a business can pay them back, then they are capable of offering them preferential rates and this would help to keep the business's image loyal to the customer. Purchase of Stock Partnership The business may not own the property and due to that they have to pay a regular amount of money for its use of the area. Contents insurance - The money invested by the owners or other investors that is used to set up a business or buy additional equipment. It tends to be used to buy things that will stay within the business for mostly long periods of time. Examples: vehicles, equipment, premises, etc. (fixed assets) Insurance For normal people there is an addition of contribution to their pension and National Insurance tax. Capital Expenditure Premises costs Personal traders usually invest into the business from their personal savings or borrow money from the bank through a secure loan. Items owned by the business and will remain in the business for a certain period of time. This section is covering a whole range of costs which are associated with appealing the customer and convincing them to buy the business' products. Carriage of sales Once the business is more established, then the business could stock on credit. Actions taken to control the amount of money flowing in and out of the business. e.g. expenses going up but sales staying the same Resolution: The owner would look for ways to control or cut the costs. Administrative costs can be items like postage, printing and stationary. In this form of business, all partners are expected to contribute to the capital income, which increases the potential amount of money available. By securing the loan with a personal asset, it convinces the bank that the risk being taken isn't big and if the business fails to meet the payments, the bank can reclaim the asset. A symbol, logo, brand name or colour which represents the business and separates it's goods and services from that of its competitors. Capital Expenditure is used to buy capital items, however these are assets that will stay in the business for long time period. Capital Income This covers the payments for services like gas and electricity and the business receives regular bills, often every three months for the use of the services. The smaller amount of profit made after all other expenses are deducted from the gross profit. Finance costs for a business may include: Public liability insurance - Personal banking is generally free but businesses a charged for each transaction they make. For example, when people rent a flat in a building, they all individually pay a certain amount of money as their rent to the building owner. In case the employee is injured during work, the business is protected from any claims for compensations or any legal costs occurred. The amount of money lent to the business or its owner from the bank. Most business who provide a service will require some sort of stock, which could be raw materials, finished goods to sell on or supplies to provide the service. This allows the business to make a profit and loss account and see whether or not they are in debt to another business or another business owes them money. To ensure that business records are accurate and up to date. Record the money that goes in and out of the business. Keeping up with any debt that must be paid or any money that needs to be redeemed. HMRC payments are made based on financial performance records. Loans Gross profit - Banks might place an offer free banking to businesses for the first year as a part of their marketing technique, but after the first year is over the bank charges can really start to add up to a large sum of money. Land line costs are split into two: line rental cost which is paid quarterly in advance and call charges which are paid quarterly after use. For survival, a business must make enough sales to cover all of the costs. Administrative costs When a business is registered with Companies House and issues shares to its shareholders. To protect what is inside the building in terms of machinery or fixtures and stock from any damage that could be done by events such as fire. For example, Apple has money coming in each time a customer buys a product from them. Training employees makes them work much better. Paying wages instead of a normal salary allows more flexibility for the employer and the employee. Often sales staff is given a commission- based salary, meaning the more they sell, the more they can earn. Bank charges Value owed by the business - The amount of money owed to the business from sales that have not yet been paid for. Not only is providing training costly but it also takes out time while the worker is not carrying out their job. Sole traders do not have to do everything on their own but instead only own the business

PowerPoint Game Templates

Transcript: Example of a Jeopardy Template By: Laken Feeser and Rachel Chapman When creating without a template... http://www.edtechnetwork.com/powerpoint.html https://www.thebalance.com/free-family-feud-powerpoint-templates-1358184 Example of a Deal or No Deal Template PowerPoint Game Templates There are free templates for games such as jeopardy, wheel of fortune, and cash cab that can be downloaded online. However, some templates may cost more money depending on the complexity of the game. Classroom Games that Make Test Review and Memorization Fun! (n.d.). Retrieved February 17, 2017, from http://people.uncw.edu/ertzbergerj/msgames.htm Fisher, S. (n.d.). Customize a PowerPoint Game for Your Class with These Free Templates. Retrieved February 17, 2017, from https://www.thebalance.com/free-powerpoint-games-for-teachers-1358169 1. Users will begin with a lot of slides all with the same basic graphic design. 2. The, decide and create a series of questions that are to be asked during the game. 3. By hyper linking certain answers to different slides, the game jumps from slide to slide while playing the game. 4. This kind of setup is normally seen as a simple quiz show game. Example of a Wheel of Fortune Template https://www.teacherspayteachers.com/Product/Wheel-of-Riches-PowerPoint-Template-Plays-Just-Like-Wheel-of-Fortune-383606 Games can be made in order to make a fun and easy way to learn. Popular game templates include: Family Feud Millionaire Jeopardy and other quiz shows. http://www.free-power-point-templates.com/deal-powerpoint-template/ Quick video on template "Millionaire" PowerPoint Games Some games are easier to make compared to others If users are unsure whether or not downloading certain templates is safe, you can actually make your own game by just simply using PowerPoint. add logo here References Example of a Family Feud Template PowerPoint Games are a great way to introduce new concepts and ideas You can create a fun, competitive atmosphere with the use of different templates You can change and rearrange information to correlate with the topic or idea being discussed. Great with students, workers, family, etc. For example: With games like Jeopardy and Family Feud, players can pick practically any answers. The person who is running the game will have to have all of the answers in order to determine if players are correct or not. However, with a game like Who Wants to be a Millionaire, the players only have a choice between answers, A, B, C, or D. Therefore, when the player decides their answer, the person running the game clicks it, and the game will tell them whether they are right or wrong.

PowerPoint Game Templates

Transcript: Conservation of fishing cat Introduction of fishing cat Health: Fishing cats are susceptible to carnivore protoparvovirus, a disease known to kill them. This disease significantly damages the kidney, spleen and gastrointestinal tract of the body. The fishing cat is also vulnerable to diseases and medical conditions such as feline hemoplasmas, transitional cell carcinoma and canine distemper virus. Conservation Threats Wild life Shamim khan 2225138043 Bs Zoology 2022-2026 Since 2016, the fishing cat is listed as a vulnerable species on the IUCN Red List, as the global population is thought to have declined by around 30% in the years 2010–2015; the destruction of wetlands and killings by local people are major threats to the fishing cat.[1] The destruction of wetlands includes increased pollution or conversion for agricultural use and human settlements. The conversion of mangrove forests to commercial aquaculture ponds is a major threat in Andhra Pradesh, and in some places fishing cats are killed. Over-exploitation of local fish stocks and retaliatory killing by local people are also significant threats. The fishing cat is included on CITES Appendix II and protected by national legislation over most of its range. Hunting is prohibited in Bangladesh, China, India, Indonesia, Myanmar, Nepal, Pakistan, Sri Lanka, and Thailand. Hunting regulations apply in Laos. In Bhutan, Malaysia, and Vietnam, it is not protected outside protected areas, and no information is known about its legal protections in Cambodia. It is the state animal of the Indian state of West Bengal. Its survival depends on protection of wetlands, prevention of indiscriminate trapping, snaring and poisoning. fishing cat The fishing cat (Prionailurus viverrinus) is a medium-sized wild cat of South and Southeast Asia. It has a deep yellowish-grey fur with black lines and spots. Adults have a head-to-body length of 57 to 78 cm (22 to 31 in), with a 20 to 30 cm (8 to 12 in) long tail. Males are larger than females classification of fishing cat: Scientific classification Domain: Eukaryota Kingdom: Animalia Phylum: Chordata Class: Mammalia Order: Carnivora Suborder: Feliformia Family: Felidae Subfamily: Felinae Genus: Prionailurus Species: P. viverrinus Characteristics: The fishing cat has a deep yellowish-grey fur with black lines and spots. Two stripes are on the cheeks, and two are above the eyes running to the neck with broken lines on the forehead. It has two rows of spots around the throat. The spots on the shoulder are longitudinal, and those on the sides, limbs and tail are roundish Endangered in Pakistan: In captivity: Fishing cat captive breeding programmes have been established by the European Association of Zoos and Aquaria and the American Association of Zoos and Aquariums. All the fishing cats kept in zoos around the world are listed in the International Studbook of the World Association of Zoos and Aquariums.Zoos in Thailand house around 30 individuals; birth rates are not particularly high.They have been placed in captivity as an "insurance population" due to their vulnerable status in the wild Taxonomy Topic: fishing cat Submitted to: Dr Najiya Al-Arifa Behaviour and ecology Phylogeny: Distribution and habitat: The fishing cat lives among dense vegetation near water and is thought to be primarily nocturnal. It is known to be a proficient long-distance and underwater swimmer. Adult males and females without dependent young are solitary. Females have been reported to range over areas of 4 to 6 km2 (1.5 to 2.3 sq mi), while males range over 16 to 22 km2 (6.2 to 8.5 sq mi). It has been observed resting in thick grassy habitats, often near a water body but sometimes far away from them. Adults have been recorded to vocalise "chuckling" sounds The fishing cat is broadly but discontinuously distributed in South and Southeast Asia. It predominantly inhabits densely vegetated wetlands around slow-moving bodies of water like swamps and marshes.These include low-salinity bodies such as oxbow lakes, and high-salinity ones such as tidal creeks and mangrove forests. Along these bodies of water, it conceals itself within the thick cover of forests, scrublands, reed beds, and grasslands. Most records are from lowland areas. Reproduction and development: Wild fishing cats most likely mate during January and February; most kittens in the wild were observed in March and April. However, fishing cats may mate as late as June. In captivity, the gestation period lasts 63–70 days; females give birth to an average of two to three kittens; the litter size can be as small as one to as large as four.

Business Accounting

Transcript: BAD DEBTS are probable in many businesses,so they create a special contra-account to accounts receivable called allowance for bad debts which bring the accounts receivable balance to the amount which is expected to be realized and hence prevents overstatement of ASSETS. An expense called bad debts expense is also booked to stop net income from being overstated. Method In General In General An accounting principle that requires recording expenses and liabilities as soon as possible, but the revenues only when they are realized or assured. Example Example Is an accounting standard which makes sure that assets and income are not overstated and liabilities and fees are not devalued. It obliges recording expenses and liabilities as soon as possible but the revenues only when they are realized or assured. Accounting Concept In Accounting Prudence Concept Consistency Concept The concept of consistency means that accounting methods once adopted must be applied consistently in future. Also same methods and techniques must be used for similar situations. Company A has been using declining balance depreciation method for its IT equipment. According to consistency concept it should continue to use declining balance depreciation method in respect of its IT equipment in the following periods. States that once a pattern is developed in accounting, it must be continued. This makes sense because often accounting is thrown off by high sudden costs. Developing is steady, consistent accounting plan can help to stabilise money flow. Business Accounting Declining balance depreciation method Straight line method Revaluation method In Accounting

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