Digg it UP - Business

Empowering Women in Developing Countries
As women entrepreneurship plays an important role in the development and growth of developed countries, the importance of promoting women in economic activities is being increasingly realized in all developing countries,

Asset Dr Cr
Liability Cr Dr
Equity Cr Dr
Income Cr Dr
Expense Dr Cr

Examples:

A payment for a $100 telephone bill is made from the bank account. The entry is:

Telephone expense (expense increasing) Dr $100
Bank Account (asset decreas

Get Paid - To Speak, To Sell, To Teach
If you’re approaching the magic time in life, somewhere between 10 and 20 years of working at your chosen expertise, you’re ready to get paid. Not for your labor or the hourly wage you earn no matter how generous it is. You

Many bookkeepers use programs such as MYOB and Quickbooks relatively successfully without understanding the underlying accounting entries they are processing. This causes difficulties when processing important but infrequent transactions such as loans or major asset purchases or when transferring to a larger accounting system such as Great Plains or Navision. One reason this occurs is because MYOB and Quickbooks allow transaction processing without a necessary understanding of double entry bookkeeping. Larger systems are not so forgiving. Manual bookkeeping, which formerly taught the skills of double entry bookkeeping, is now almost unknown, except in high school and TAFE bookkeeping courses.

Double entry bookkeeping is simply a method by which every transaction is recorded by entries to two or more accounts, where the total of the debits (Dr) is equal to the total of the credits (Cr). The concept of what accounts usually attract a Dr and which usually attract a Cr is sometimes confusing. The table below represents all possible situations:

Type Of Account Increasing amount is: Decreasing amount is:

Asset Dr Cr
Liability Cr Dr
Equity Cr Dr
Income Cr Dr
Expense Dr Cr

Examples:

A payment for a $100 telephone bill is made from the bank account. The entry is:

Telephone expense (expense increasing) Dr $100
Bank Account (asset decreasi

Buyer Beware
When purchasing a franchise be sure that you are aware of the hidden pitfalls. The unfortunate stories of these unfortunate Bakers Delight franchisees should be a warning and must read to anyone contemplating purchasing a f

en transferring to a larger accounting system such as Great Plains or Navision. One reason this occurs is because MYOB and Quickbooks allow transaction processing without a necessary understanding of double entry bookkeeping. Larger systems are not so forgiving. Manual bookkeeping, which formerly taught the skills of double entry bookkeeping, is now almost unknown, except in high school and TAFE bookkeeping courses.

Type Of Account Increasing amount is: Decreasing amount is:

Asset Dr Cr
Liability Cr Dr
Equity Cr Dr
Income Cr Dr
Expense Dr Cr

Examples:

A payment for a $100 telephone bill is made from the bank account. The entry is:

Telephone expense (expense increasing) Dr $100
Bank Account (asset decreas

Recruitment: Are You Recruitable? (And Why You Should Care)
In staffing terms, recruitment refers to the process of looking for new staff.A recruitment agency is a company that specializes in recruitment. They employ recruiters to find client companies who are w

which formerly taught the skills of double entry bookkeeping, is now almost unknown, except in high school and TAFE bookkeeping courses.

Type Of Account Increasing amount is: Decreasing amount is:

Asset Dr Cr
Liability Cr Dr
Equity Cr Dr
Income Cr Dr
Expense Dr Cr

Examples:

A payment for a $100 telephone bill is made from the bank account. The entry is:

Telephone expense (expense increasing) Dr $100
Bank Account (asset decreas

A Few Workplace Safety Tips
Safety precautions in the office or factory have never been of greater importance.The simple truth is that, although the workforce may be at risk of injury, and that is obviously the prime concern, employers are als

he debits (Dr) is equal to the total of the credits (Cr). The concept of what accounts usually attract a Dr and which usually attract a Cr is sometimes confusing. The table below represents all possible situations:

Type Of Account Increasing amount is: Decreasing amount is:

Asset Dr Cr
Liability Cr Dr
Equity Cr Dr
Income Cr Dr
Expense Dr Cr

Examples:

A payment for a $100 telephone bill is made from the bank account. The entry is:

Telephone expense (expense increasing) Dr $100
Bank Account (asset decreas

JIT Just in Time Distribution Discussed
Just in Time Distribution was a buzzword to solve all the worlds transportation and distribution problems and lets look at how it is working now? In theory it makes sense to have Just in Time and with Fed Ex and other super

Asset Dr Cr
Liability Cr Dr
Equity Cr Dr
Income Cr Dr
Expense Dr Cr

Examples:

A payment for a $100 telephone bill is made from the bank account. The entry is:

Telephone expense (expense increasing) Dr $100
Bank Account (asset decreasing) Cr $100

A sale of goods for $250 is made to a customer on account. The entry is:

Accounts Receivable (asset increasing) Dr $250
Sales (income increasing) Cr $250

A new computer is purchased on a business credit card for $3000. The entry is:

Fixed Assets – Computer (asset increasing) Dr $3,000
Credit Card (liability increasing) Cr $3,000

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The 16th century was a time of amazing transformation in Europe. The Dark Ages were gone, the Black Plague had run it course and Middle Age fears and superstitions were slowly disappearing. The printing press had been invented and it was completely revamping the way people communicated. Columbus had discovered the America’s and the great age of exploration was in full swing. Medical advances, the Reformation, the creation of the great Italian banking houses and the Dutch trading companies had completely changed the way people thought, worked and worshipped. And yet, there was one area in which there had been virtually no advance since the time of Christ: transportation. Horse or mule, horse drawn carts and boat were the methods of travel utilized to convey people, goods and foodstuffs. Travel was slow. It was uncomfortable. And, it was often very dangerous. Brigands and pirates faced little in the way of organized policing. A bandit pretty much had a field day during the period.

Today's rapidly changing technology, the economy's roller-coaster ride, the constant mergers and acquisitions among companies, up-sizing, downsizing and resizing, and, of course, our country's response to terrorism have forced almost all of us to change, in some cases almost daily.

The ability of negotiation initiates in the serenity of the mind, and in the capacity of knowing the ulterior mystic perception, of the eye of the conscience. The mind is not only one experience. It is also, and mainly, an integral image, a unique global concept. By example, the concept of being ourselves. Our first negotiation is our own identity and the result is, that certainty, confidence, self control and the inner harmony are achieved.

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