Saturday, March 21, 2020

What to Do If a College Class Is Full

What to Do If a College Class Is Full The class you need to take to make progress toward your degree has already filled up. You have to get in, but what can you do if theres no room when you register? While this situation is incredibly frustrating (and all too common), there are a few steps you can take to either get into the class or find an alternate solution. 6 Steps to Take Next When a College Class Is Full Get on the waitlist as soon as possible. You can often do this at registration and the sooner you get on the list, the higher your ranking will be.Talk to the professor. Do you need the class for graduation? Are there other circumstances that might help you plead your case? Talk to the professors during their office hours to see if theres anything that can be done.Talk to the registrar. If you desperately need to get into a class for graduation or financial reasons, talk to the registrars office. They might be able to make an exception if the professor also approves letting you into the class.Explore other options and alternatives. Sign up for at least one other class that you can take in place of your desired class, just in case you cant get in. The last thing you need is to be blocked out from all of the good classes because you thought youd get into your wait-listed one.Have a backup plan ready to go if you cant get in. Can you take the same course online? With another professor? At another campus nearby? Over the summer? Being creative about your options can help you find a solution in case your original plan doesnt work out. Most Importantly, Dont Panic It may seem like the end of the world, but rest assured that its not. When you discover that one of your most essential course requirements is full, sit down and take a deep breath. Review your options. Read through the advice given above one more time because you may have missed an important detail that can help.  Get out your notebook and make a to-do list. Writing down the steps you need to take, the exact people you need to talk to, and your points for why  you  should be in that class will help clear your head.Go out and pursue it. Take the action needed to put your plan in place and work each of these steps simultaneously. If one approach backfires, you will already have the others in progress or know what you need to do to start the next one.Be professional. Whoever you speak (or plead) with to try and get in that class, do so in an adult manner. Its very easy to be overly emotional when youre frustrated, but thats not the best approach to sweet talking professors and registrars. Whining will not get you anywhere, pleading your case with facts and a professional demeanor will.

Wednesday, March 4, 2020

Definition and Examples of Words in English

Definition and Examples of Words in English A word is a  speech sound or a combination of sounds, or its representation in writing, that symbolizes and communicates a meaning and may consist of a single morpheme or a combination of morphemes. The branch of linguistics that studies word structures is called morphology. The branch of linguistics that studies word meanings is called lexical semantics. Etymology ​From Old English, word Examples and Observations [A word is the] smallest unit of grammar that can stand alone as a complete utterance, separated by spaces in written language and potentially by pauses in speech.-David Crystal, The Cambridge Encyclopedia of the English Language. Cambridge University Press, 2003A grammar . . . is divided into two major components, syntax and morphology. This division follows from the special status of the word as a basic linguistic unit, with syntax dealing with the combination of words to make sentences, and morphology with the form of words themselves. -R. Huddleston and G. Pullum, The Cambridge Grammar of the English Language. Cambridge University Press, 2002We want words to do more than they can. We try to do with them what comes to very much like trying to mend a watch with a pickaxe or to paint a miniature with a mop; we expect them to help us to grip and dissect that which in ultimate essence is as ungrippable as shadow. Nevertheless there they are; we have got to live with them, and the wise course is to treat them as we do our neighbours, and make the best and not the worst of them.-Samuel Butler, The Note-Books of Samuel Butler, 1912 Big WordsA Czech study . . . looked at how using big words (a classic strategy for impressing others) affects perceived intelligence. Counter-intuitvely, grandiose vocabulary diminished participants impressions of authors cerebral capacity. Put another way: simpler writing seems smarter.-Julie Beck, How to Look Smart. The Atlantic, September 2014The Power of WordsIt is obvious that the fundamental means which man possesses of extending his orders of abstractions indefinitely is conditioned, and consists in general in symbolism and, in particular, in speech. Words, considered as symbols for humans, provide us with endlessly flexible conditional semantic stimuli, which are just as real and effective for man as any other powerful stimulus.Virginia Woolf on WordsIt is words that are to blame. They are the wildest, freest, most irresponsible, most un-teachable of all things. Of course, you can catch them and sort them and place them in alphabetical order in dictionaries. But words do not live in dictionaries; they live in the mind. If you want proof of this, consider how often in moments of emotion when we most need words we find none. Yet there is the dictionary; there at our disposal are some half-a-million words all in alphabetical order. But can we use them? No, because words do not live in dictionaries, they live in the mind. Look once more at the dictionary. There beyond a doubt lie plays more splendid than Antony and Cleopatra; poems lovelier than the Ode to a Nightingale; novels beside which Pride and Prejudice or David Copperfield are the crude bunglings of amateurs. It is only a question of finding the right words and putting them in the right order. But we cannot do it because they do not live in dictionaries; they live in the mind. And how do they live in the mind? Variously and strangely, much as human beings live, ranging hither and thither, falling in love, and mating together.-Virginia Woolf, Craftsmanship. The Death of the Moth and Other Essays, 194 2 Word WordWord Word [1983: coined by US writer Paul Dickson]. A non-technical, tongue-in-cheek term for a word repeated in contrastive statements and questions: Are you talking about an American Indian or an Indian Indian?; It happens in Irish English as well as English English.-Tom McArthur, The Oxford Companion to the English Language. Oxford University Press, 1992

Monday, February 17, 2020

The Great Gatsby Essay Example | Topics and Well Written Essays - 1000 words - 2

The Great Gatsby - Essay Example Therefore, the story symbolizes the 1920s America with more focus on the collapse of the American dream in an era of extraordinary prosperity and material excess. Fitzgerald depicts the 1920s as a period of decayed social as well as moral values supported by the empty pursuit of pleasure, overarching cynicism in addition to greed. For instance, â€Å"Tom was evidently perturbed†¦Saturday night. He came to Gatsby party†, â€Å"†¦it stands out in my memory from Gatsby’s other parties that summer (Fitzgerald 67). The parties actually resulted in the corruption of the American dream. This is because the uncontrolled desire for pleasure and money exceeded more righteous goals. Jordan in the story admits loving big parties, â€Å"Anyhow he gives large parties†, â€Å"And I like large parties† (Fitzgerald 45). Gatsby never bothered sacrificing his life and reputation in order to secure wealth thereby being in a position to marry Daisy. The ladies while moving close to Gastby’s house assert that he is a bootlegger, â€Å"He’s a bootlegger† (Fitzgerald 53). Moreover, Buchanan’s passion for wealth, pleasure, and money drove her into marrying Tom. For instance, in the book, the author asserts, â€Å"she wanted her life shaped now, immediately – and the decision must be made by force – of love, of money †¦with arrival of Tom† (Fitzgerald 96). After the end of the World War I in 1918, the generation of the youthful Americans who had participated in the war became intensely disenchanted and hopeless. The atrocious carnage they had experienced had eroded the Victorian social morality of the early twentieth century since America appeared stuffy and full of empty hypocrisy. The shaky rise of the stock market in the aftermath of the World War resulted in a sudden and sustained rise in the national wealth coupled with newfound materialism. This is because individuals began to use and consume at exceptional levels. For instance,

Monday, February 3, 2020

American revolution Essay Example | Topics and Well Written Essays - 750 words

American revolution - Essay Example rchitect of the Constitution, James Madison, believed a powerful federal government would posses enough power to ensure the freedom of minorities within the country. With the opposition from anti-federalists and noble American leaders, the Committee agreed to create amendments to the constitution, later known as the Bill of Rights. Considering the chain of events and the participation of all the principal Actors including George Washington and Thomas Jefferson in the process, the first ten amendments seemed to be a natural step in the American Revolution. One of the motivating factors behind the American Revolution was to ensure individual freedom and the Bill of Rights was the only way to ensure liberty of the citizens. The ten amendments prioritized the rights of individuals and individual liberties in the United States of America. The Declaration of Independence is one of the most important documents in the American history. The Declaration of Independence was not an instant outco me, but a gradual development of politics throughout the American colonies. The most notable event to mark the beginning, which leads to the declaration, occurred in Philadelphia on 7 June, 1776 when Richard Henry Lee announced the resolution from British Crown and the right of the colonies to be independent in front of the Congress. This announcement was coherent to what happened in the other colonies and it was the result of the strategies and rulings passed by the British Crown to suppress the American Revolution. A draft was prepared with the major efforts of Thomas Jefferson along with other members including Benjamin Franklin, John Adams, Roger Sherman, and Robert R. Livingston. After some deletions and corrections, the declaration of Independence was adopted on 4 July, 1776. The... The Declaration of Independence is one of the most important documents in the American history. The Declaration of Independence was not an instant outcome, but a gradual development of politics throughout the American colonies. The most notable event to mark the beginning, which leads to the declaration, occurred in Philadelphia on 7 June, 1776 when Richard Henry Lee announced the resolution from British Crown and the right of the colonies to be independent in front of the Congress. This announcement was coherent to what happened in the other colonies and it was the result of the strategies and rulings passed by the British Crown to suppress the American Revolution. A draft was prepared with the major efforts of Thomas Jefferson along with other members including Benjamin Franklin, John Adams, Roger Sherman, and Robert R. Livingston. After some deletions and corrections, the declaration of Independence was adopted on 4 July, 1776. The declaration of Independence was the beginning of a great revolution followed the formation of the U.S. Constitution in and the ten amendments up to 1789. The main motivation behind the American Revolution was to set the nation free from the British Ruling and create equality among the citizens of America. Before the formation of the U.S. Constitution and the amendments, there were two primary political problems including independence from the British Rule and the challenge to ensure equality of rights within the nation.

Sunday, January 26, 2020

Roles And Responsibilities Of Trade Union Management Essay

Roles And Responsibilities Of Trade Union Management Essay Trade Union is defined in the Employment Relations Act 2008 (Appendix 1) as an association of persons, whether registered or not, having as one of its objects the regulation of employment relations between workers and employers The Trade Union or Labour Union movement is a continuous and voluntary association whose membership comprises of salary earners, employees and union leaders. Those members have bonded together motivated by a simple motto Unity makes strength. Workers will therefore utilise trade unions as their representative voice when dealing with employers or on the board of directions. Independently, the workers do not bear the power to defy the top management. Therefore they grouped and seek to institute their terms and conditions of employments. When they realised that negotiating as an individual, the manager would be more powerful, due to the fact that an individual would not matter as much a group in regard of running an organisation. According to Cunnison, Trade Union is a monopolistic combination of wage earners who stand to the employers in a relation of dependence for the sale of their labour and even for the production, and that the general purpose of the association in view of that dependence is to strengthen their power to bargain with the employers The main role of trade union is to ensure the welfare of its members such as safeguarding the interests of its members, protecting the reliability of its trade, achieving higher wages by securing economic benefits. It also optimises the working conditions at the workplace and guarantees a job security while protecting members against unfair dismissal at workplace. Through its leadership, trade union engages in collective bargaining, whereby labour contracts are negotiated with the employers. Also it acts as a recruiting manager, the Union leaders interfere with the recruitment and selection of the company, its intention is to maximise the number of employees an employer can hire. 2.2 Hierarchy of Trade Unions There is a hierarchy in Unions, we had identified; the confederation, the federations and the trade unions. Regarding the confederation, there are one main which is Mauritius Labour Congress and it is affiliated to the International Confederation of Free Trade Unions (ICFTU).In the category of federation there are; National Trade Union Confederation (NTUC) which is affiliated with the International Trade Union Confederation (ITUC) and the Mauritius Trade Union Congress (MTUC). Finally, the trade unions which are affiliated to the NTUC; The Federation of Civil Service Unions, Federation of Progressive Unions, Federation des Travailleurs Unis, Confederation Mauriciennes des Travailleurs, General Workers Federation and Federation of Free Workers. 2.3 Structure of Trade Union The trade unions structure is divided into several parts, namely: The Annual Delegates Congress It is the authority which governs the federation. The Executive Council It comprises of one representative of each affiliates which is usually the secretary or the president and the Bureau members and two observers per affiliates. Once every two months they conduct meeting regarding applications for affiliates from trade unions and affiliation of the Federation to any local, regional or international organisation promoting the interest of the workers and to discuss disagreements between different affiliates. Meeting can be scheduled on the demand of the President or the Bureau or of the members of the Executive Council too. The Bureau It comprises of the President, the General Secretary and the eight elected members. Among them, one is the 1st Vice president and another is the 2nd vice president, a 3rd as Assistant Treasurer and a fourth one who is the organising secretary. President He represents the Federation and he is the spokesman of the federation. General secretary The General Secretary arranges meetings and draw up the minutes of the meeting. Along with the General Secretary, Deputy General Secretary and the Assistant General make up the Secretariat of Federation. Treasurer He is in charge of the accounts of the federation. Organising Secretary He is in charge of organising events like training sessions, seminars, workshop among others. Public Relation Officer He deals with the media for conferences, coverage, reports and other information that will be published by the media. 2.4 Nature and Scope of Trade Union The existence of an influential and recognised trade union is a pre-requisite to the industrial development pace of the country. With modernization in different sectors and the formation of new one such as the technological one as well as the tourism sector, human resources were required. However, mistreatment of the Mauritian labour force appears. This is where the trade union emerged; they ensured that the human rights of their members are respect as per the laws and the constitution. Trade Unions are currently considered as a sub-system which attends a precise sub-groups interest. When defending a particular sector they consider themselves as an integral part of the organisation in respect to the feasibility, growth and development of the community of which they formed part of. The influence of Trade Unions is of key importance for their members in the following ways: First, they are more effective and efficient when the need of negotiation is required between employers and employees by attempting to create a win-win situation. They facilitate the flow of communication between workers and the management, by providing the guidance and support to both of them. The Union leaders will seek a health and safety in the working environment. In addition, they also act as an educational institution; they provide different types of courses to their members. They also accelerate the pace of economic development for instance; they act as a recruiting and selecting agent for the unemployed workers, managing conflicts in the organisation, inculcating corporate social responsibilities to the members among others. 2.5 Objectives of trade unions. The main body of a trade union usually consists of individual workers, sometimes professionals and past workers. Their primary aim is to ensure that the employment conditions of employees are respected and that fair working conditions are offered. However, trade unions also engage in issues like: Negotiation Representation Information and advice Member services Negotiation One of the main targets of trade unions is to negotiate with employers about the matters affecting their members and other employees at work. If a union is formally recognised by an employer, it can negotiate with the employer over terms and conditions. These negotiations are commonly known as collective bargaining. Any trade union works to protect and advance the interests of its members. One of the ways it achieves this is by collectively bargaining with employers about the pay and conditions under which its members work. The negotiation process normally deals with matters such as working rules and regulations, complaint procedures, hiring principle, dismissing or promoting employees, workplace safety and policies etc. Some trade unions even have the power to negotiate rates of pay, bonuses for target achievement, employment conditions and job descriptions on behalf of the employees. For collective bargaining to be effective, unions and employers need to agree on how the arrangement is to operate. The objective of that collective bargaining or negotiation process is to settle with a mutual agreement also known as collective agreement between the management and the trade union. Representing Body Employees and other workers have the right to be accompanied at a disciplinary or grievance hearing. They can either choose a co-worker or a union representative. Often, the union representative, will be a workplace representative who is also a co-worker and will support the employee on the board meeting. Information and Advice If someone forms part of a union he/she can also ask them for advice. Unions are experts at solving problems at work. Trade unions provide staff with information, advice and guidance about any work related problems. Member Service Trade unions provide its members with a variety of services such as training, insurance, financial assistance and legal advices, sickness benefits, education facilities in some cases, guarantee of satisfactory work conditions in areas such as health and safety as well as equal opportunities. Voice in decision affecting Workers Trade unions act as a spokesperson for the staff. When matters concerning an individual employee or a group of workers arise, the trade unions job is to voice out the problem in order to negotiate for a solution. In case no agreement is settled or respected, the trade union members may enforce strikes or resistance to lockouts. They can also intervene in order to resist schemes of the management which reduce employment, e.g. restructuring and automation 2.6 Types of Trade Union Craft or Occupation Union. This type of union was the earliest type developed, it comprised of employees of a particular craft or skill regardless of place of work. The advantage of craft unionism is the sense of solidarity, as there is a feeling of common interest between the members. In addition, as this union bears skilled workers, they have a good economic position for collective bargaining. On the other side, more and more new mechanical devices were being developed, the need for large numbers of skilled workers decreased. One- Shop Union or House Union The one-shop union organizes all workers in the same establishment or factory. This type of union has the advantage of being relatively easy to organize because all workers share a common goal in securing a good collective agreement for their particular factory. However, as it is small, it has little bargaining power and it is easily dominated by management. Common Employer Union. 2.7 Characteristic of Trade Union Trade unions have shown remarkable progress since their inception in Mauritius and as the union is an essential and dynamic aspect of the society it bears special characteristics such as: Trade Union come together for common goals and interest The members have some materials of collective interest such as improving working conditions, better wages, benefits, job security among others. The trade unions have the right to contest a managerial decision, if they considered that their members are at risk with the outcome. Trade Union is an association of workers and salary earners: Unions are essentially a cooperative labour marketing association whose aim is to safeguard human rights on one or more labour market. In addition, they also bear a hand in the progress of the society, cultural interest and political views of its members. Trade unions have been implemented so as each sector of the working class bear a specific union. Mauritius therefore bears different Union association such as: Agricultural Research Extension Unit (AREU) Mauritius Labour Congress (MLC) Mauritius Trade Union Congress (MTUC) National Trade Union Confederation (NTUC) Trade Unions are basically voluntary organizations: Members of any trade union are voluntary in nature. They are completely free to become a member of a Trade Union or not; none is constrained to subscribe to a Trade Union. If any individual is forced to join a Union, the very essence of trade of trade unionism is defeated. Unions are egalitarian bodies: The Unions are self-governed; this is the reason why they can effectively act in our society. The union leaders are voted by the members and perform as per the Trade Union Act. The Trade Union is a continuous association Union is not a daily affair. In order to work effectively for their adherents they ask a long term membership Constant evolution in the characteristic of Trade Union With this dynamic era, the union continually update their techniques and amend their work. With new complications in the workplace, the unions need to find infinite approaches so as to serve the union members. Rapport with the Management: The unions have the responsibility to improve the employers and employees relationship. They go through the process of negotiation and collective bargaining with the direction of the members organisation concerning their problems. In so doing, the employer and employee relationship is enriched and enhance the quality and welfare of the employees. 2.8 Functions of Trade Unions Broadly speaking, trade unions perform two types of functions: Militant Function Amongst the various activities performed by trade unions is the betterment of the position of their members in relation to their employment. The aim of such activities is to ensure that all the clauses of the hiring and psychological contract are respected. When the union fails to accomplish these aims through collective bargaining and negotiation, in extreme conditions they adopt drastic measures in the form of go-slow, strike, boycott, work sabotage etc. to make the management react and reconsider their requests. Hence, these functions of the trade unions are known as militant or fighting functions. Fraternal Function Another actions performed by trade unions are to provide help to its members in needy times, and improving their efficiency. Trade unions try to nurture a spirit of cooperation, mutual aid and promote friendly relationships and sharing of knowledge and culture among their colleagues. In some cases, they also arrange for legal assistance. Besides, these, they undertake many welfare measures for their members, e.g., school for the education of children, library, reading-rooms, in-door and out-door games, and other recreational facilities. These activities, which may be called fraternal functions, obviously depend on the availability of funds, which the unions raise by subscription from members and donations from outsiders, and also on their competent and enlightened leadership. Another broad classification of the functions of unions may be as follows: Intra-mural activities: These deals with whatever happens on the site of work and has direct impact on employees e.g. wages, strikesà ¢Ã¢â€š ¬Ã‚ ¦ Extra-mural activities: These activities help the employees to maintain and improve their efficiency or productivity e.g., methods intended to foster a spirit of cooperation, promote friendly relationsà ¢Ã¢â€š ¬Ã‚ ¦ Political activities: Modern trade unions also take up political activities to achieve their objectives. Such activities may be related to the formation of a political party or those reflecting an attempt to seek influence on public policy relating to matters connected with the interests of working class Other Functions Trade unions have a number of functions, one more important than the other depending on the situations; however the five main general principles developed have been: The service function The representative function The regulatory function The government function The public administration function The service function This involves the delivery of services and assistance to the union members. The representative function This implies that the trade union will act like a delegate for the members at the workplace. The regulatory function This enables trade unions to actively participate in rule-making over the workplace. This can be done either: directly multi-employer collective bargaining e.g. through the Joint Industrial Council Or indirectly through regulatory legislation The government and public administration function Trade unions engage with the government to assure that they can accomplish their respective function within the law. Trade unions also play an important role in: improving bottom-up communication in order to increase commitment of employees in meeting the organizations objectives negotiating improvements to pay and working conditions to retain the people encouraging companies to invest in training and development for better performance and personal as well as professional development of employees acting as a positive change agent thus gaining employees support for the smooth running of the organization Protecting the interests of employees by taking active participation in the management. safeguarding organizational stability, growth, and leadership

Saturday, January 18, 2020

XI accountancy CBSE Board

Do you hink the Accountant has correctly recorded the interest on the loan? Give reason for your reply. 7. Write down the main features of Partnership. 8. When does the need for valuation of internally generated goodwill arise? Y IT tne amount 0T super pront Is negatlve, wnat does It Inalca e 10. Prithvi is admitted to the partnership and the goodwill he was to bring in is Rs. 50, 000. But, he is not in a position to bring in the goodwill. The accountant has recorded an entry in the books of account debiting ‘Goodwill Account' and crediting ‘Sacrificing Partner's Capital Account'.Do you think, he has recorded the entry correctly? Give reasons for your reply. 11. X and Y are partners sharing profits in the ratio of 3:2. Z Joins for 1/6 th share in the running business on 1st April 2011. Z was given guarantee of Rs. 48,000 per annum but unfortunately Z died on 1 st July 2011. Profit during the current year to be accrued on the same scale as in the previous year. Profit earn ed during the year was Rs. Calculate the amount of deficiency borne by X and Y. 3 Marks 12. Write down the provisions applicable in the absence of Partnership Agreement. 3 Marks 13. X, Y and Z are partners sharing profit equally.X drew regularly Rs. ,000 at the beginning of every month for six months ended 30th September 2011. Y drew regularly Rs. 4,000 at the end of every month for six months ended 30th September 2011. Z drew regularly Rs. 4,000 at the middle of every month for six months ended 30 th September 2011. Calculate the interest on drawings for X, Y and Z at 5%p. a. 3 Marks 14. Write down three differences between drawings against profit and drawings against capital. 3 Marks 15. The average profit of the firm is Rs. The total tangible assets in the firm are Rs. 14, 00,000 and outside liabilities are Rs.In the same type of usiness, the normal rate of return is 10% of the capital employed. Calculate the value of goodwill by Capitalisation of Super Profit Method. 4 Marks 16. A and B are partners in a firm. Their respective capital contributions are Rs. 3, 00,000 and Rs. and their profit sharing ratio is 3:2. Immediately after the allocation of Rs. 80, 000 as profit for the year ended 31st march 2011, it was discovered that in arriving at the profit of 2010-11 the following two items were ignored: i. Outstanding expenses of Rs. 7,000 and i'. Accrued interest on investment of Rs. 5,000. Pass the adjustment Journal entry. Marks 17. Write down the differences between fixed and fluctuating capital Accounts. 4 18. Mark and Pat are partners in a business. Their capitals at the end of the year were Rs 4BUUU ana Rs 36,000 respectlvely. During tne year enaea 31st Marcn, 2 Marks drawings and Pat's drawings were Rs. 8,000 and Page 1 of 3 Rs. 12, 000 respectively. Profits before charging interest on capital during the year were Rs. 32, 000. Calculate the interest on capital at 5% for the year ended 31 st March 2011. 4 Marks 19. A and B shared profits and losses in the ratio of 3:2. With effect from 1st April 2011 they agreed to share profits equally.The goodwill of the firm was valued at Rs. 30,000. Make the necessary Journal entry for the treatment of goodwill. What is a ‘Gaining Ratio? (3+1)marks 20. A, B and C were partners sharing profits in the ratio of 5:3:2. Their Balance sheet as at 1 st April 2012 was as follows: Balance Sheet of A, C at 1st April, 2012 Liabilities Creditors Employees Provident funds Fund Capitals: c 70,000 50,000 Amount Assets 20,000 cash 26,000 Debtors Stock Furniture Building 2, 20,000 266,000 16,000 80,000 34,000 C retires on the above date and it was agreed that: C's share of Goodwill was Rs. ,OOO; % provision for doubtful debts was to be made on debtors; Sundry creditors were valued Rs. 4, 000 more than the book value. Pass necessary journal entries for the above transactions on C's retirement. 21 . Ram, Shyam and Gita were partners sharing profits in the ratio of 5:3:2. On 31 st March 2012 their Balance Sheet showed the following: Capitals: Ram 1 50,000 Shyam 125,000 Gita 75000 Workmen's Compensation reserve Capital Leasehold Patents Machinery 350,000 stock 30,000 cash at sank 30,000 40,000 Gita died on August 2012. It was agreed that: l.Goodwill of the firm is to be valued at Rs. 1,75,OOO II. Machinery be valued at Rs. 1, 40,000; Patents at Rs. 40, 000; Leasehold at Rs. l, 50,000 on this date. Ill. For the purpose of calculating Gita's share in the profits of 2012-2013, the profits should be taken to have accrued on the same scale as in 2011- 2012 which were Rs. 75,OOO Prepare Gita's Capital Account and Revaluation Account. 6 marks 22. X and Y are in partnership sharing profits and losses in the ratio of 3:2. The capitals of X and Y remaining after the adjustments are Rs. 80, 000 and Rs. 0, 000 respectively. They admit Z as a partner on his contribution of Rs. 35,000 as capital for 15th share of profits to be acquired equally from both X and Y. The capital accounts of old partners are to be adjusted on the basis of proportion of Z's capital to his share in the business. Calculate the amount of actual cash to be paid off or brought in by the old partners for the purpose. 6 marks 23. John and David were partners in a firm supplying school uniform. They share profits in the ratio of 4:3. Their capital as on 1st April 2012 were and Rs. 50,000 respectively.On this date John suggested David to start supplying low cost school uniforms also to the students who belong to low income group and have been dmitted to the private schools of the city as per the provision of Rights to Education Act 2009. David agreed and requested to admit his friend Sita, a visually handicapped unemployed person into the firm; however Sita will not contribute any capital. John agrees to it. They were in need of more capital. John therefore persuaded a rich friend of his, All, who Joined them to be a partner. Ali contributed Rs. 7, 00,000 in cash. Delivery van of Rs. 2,75,OOO and furniture o f Rs. 25,000 as his capital.

Thursday, January 9, 2020

Fraud, Deceptions, and Downright Lies About Cause and Effect Essay Exposed

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