By S. Hall and N. Skene Smith (Auth.)
Read Online or Download Accounting Principles and Practice PDF
Similar nonprofit organizations & charities books
Handbook of Practical Program Evaluation
Compliment for the 3rd variation of the instruction manual of sensible software Evaluation''Mix 3 of the main very popular evaluators with a workforce of proficient members, and also you turn out with a very sensible and invaluable instruction manual that belongs at the reference shelf of each evaluator in addition to software and coverage officers.
The Networked Nonprofit: Connecting with Social Media to Drive Change
The Networked Nonprofit Connecting with Social Media to force ChangeThis groundbreaking e-book exhibits nonprofits a brand new means of working in our more and more hooked up global: a networked method enabled through social applied sciences, the place connections are leveraged to extend influence in powerful ways in which force switch for the betterment of our society and planet.
Hopkins' Nonprofit Law Dictionary
A concentrated, worthy advisor to nonprofit felony terminology and definitions The Bruce R. Hopkins Nonprofit legislation Dictionary is a radical specialist reference for the terminology and definitions surrounding the legislations of tax-exempt corporations. writer Bruce R. Hopkins, the country's top professional in nonprofit legislation, attracts upon forty five years of perform to carry a real dictionary reference for lawyers focusing on nonprofit legislation and tax legislation.
Historical Dictionary of Inter-American Organizations
The old Dictionary of Inter-American agencies covers the altering global of inter-American and overseas firms that experience performed a tremendous function in bilateral and multilateral efforts to unravel quite a lot of difficulties that experience faced the countries of the Western Hemisphere. The Latin American area is obviously extra built-in domestically and the world over than in past a long time and is healthier ready to confront a huge diversity of problems—trade, improvement, illicit medicines, terrorism and guerrilla job, wellbeing and fitness, atmosphere, democratization, exchange, human rights, intervention, electoral counsel, peacekeeping and clash resolutions, migration, border conflicts, corruption, and effort independence—that governments and non-governmental organisations face within the twenty first century.
- Beyond the Bottom Line: How to do More With Less in Nonprofit and Public Organizations
- Ethical Fundraising: A Guide for Nonprofit Boards and Fundraisers (AFP Fund Development Series) (The AFP Wiley Fund Development Series)
- Building Strong Nonprofits: New Strategies for Growth and Sustainability
- A Dictionary of Nonprofit Terms and Concepts
- The Tax Law of Associations
Extra resources for Accounting Principles and Practice
Example text
The Loss is debited to Capital Account after appearing on the credit side of the Profit & Loss Account. The Balance Sheet By transferring the balances of the Nominal Accounts to the Trading and Profit & Loss Account we derive a figure of Net Profit. The Trading and Profit & Loss Account gives us, in summary form, the history of the trading for the period con cerned. This leads naturally to a consideration of the next financial statement. The Balance Sheet is the statement of the position of the business at the end of the trading period.
Plant & Machinery 1962 93,074 Balance at 1st Jan. , 1962 6,600 Less Depreciation 1,320 5,280 Stock: Liabilities: Finished Goods 8,190 Sundry Creditors 16,216 Work in Progress 5,420 Raw Materials 1,980 15,590 18,400 Sundry Debtors Less Provision for Bad Debts 920 17,480 Cash at Bank 7,130 Cash in Hand 71 7,201 £121,241 "£121,241 52 ACCOUNTING PRINCIPLES AND PRACTICE Sometimes the Manufacturing Account is credited (and the Trading Account debited), not with the Factory Cost of Goods Produced, but with an assumed market value of the production.
9 Jan. 1 To Balance b/f Dec. 31 Dec. 31 P. & L. A / c Gain on Sale 62 By Cash—Sale Depreciation Balance c/d £4,840 1963 Jan. 1 To Balance b/d Cr. £ 220 462 4,158 £4,840 4,158 Manufacturing Accounts A Trading Account of a manufacturing concern as given above is still unsatisfactory. It does not compare the Sales with the Cost of Goods Sold. For this comparison considerably more information must be forthcoming. In particular, the Stock figures must be analysed into three parts: (a) Raw Materials, (b) Partly Finished Goods or Work in Progress and (c) Finished Goods.