And they’re ready for you to use in your PowerPoint presentations the moment you need them. Depreciation to be charged @10% p.a. Intuitively, GDP calculates how income and output flow in an economy. Supports equipment: 20% on $30,000 for one year + 20% on $20,000 for 3 months.= [(0.2 × $30,000) + {(0.2 × $20,000) × 3/12}]= $6,000 + $1,000= $7,000, Furniture: 10% on $5,000 for one year.= 0.1 × $5,000= $500. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. IN WHICH TYPE OF A/C EXCESS INCOME OVER EXPENDITURE .

There was more choice at auction than I expected and easier to bid than I thought it would be. Circular Flow of Income - The circular flow model is one of the first and most important models you will learn in Macro Economics. That's all free as well! Or use it to upload your own PowerPoint slides so you can share them with your teachers, class, students, bosses, employees, customers, potential investors or the world. Prevailing income is cash or an equivalent that results from earnings or, The distinction between income and expenses is simple. Household Expenditure and Income Survey 2006 - 2007 PPT. $$. less :- total expenditure 24100 PPT – Income and Expenditure PowerPoint presentation | free to view - id: 149b4a-YTYyZ, The Adobe Flash plugin is needed to view this content. \text{Receipts of the baker from the retailer} & 0.92 \\ Find a case where Apple have benefited financially from having patents ~ Samsung Revenue expenditure refers to costs which are incurred on a day-to-day or regular basis. Gross Domestic Product (GDP) has two different approaches: the income approach and the expenditure (or output) approach. A Budget: is a financial plan that shows expected income and expenditure over a certain time period. Do you have PowerPoint slides to share? You can change your ad preferences anytime. If you continue browsing the site, you agree to the use of cookies on this website. You can change your ad preferences anytime. Gross national income Yi: GrossdomesticproductYp: Currentaccountbalance: - Make online income tax payment. 3 : National Income Determination (II). Looks like you’ve clipped this slide to already. ✤✤✤ https://w.url.cn/s/Ayy1McS, Mike Cruickshank Profit Maximiser★★★ https://bit.ly/2UD1pAx, No public clipboards found for this slide. Gross Domestic Product (GDP) measures total, GDP also measures total expenditure on the, the market value of all final goods services, GDP measures all goods using the same units, These components add up to GDP (denoted Y).
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Thanks for the confidence to buy this way. $$. Now customize the name of a clipboard to store your clips. We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. Aggregate all of the revenue items on the balance and insert the result into the revenue line item within the earnings report. Option A, the rent paid by retailers, must be included as value added to the goods sold by the retailer. I have always found it hard to meet the requirements of being a student. Subtract the value of products oversubscribed from the revenue figure to gain the profit margin. \hline Suppose that an artist draws a painting, for which he uses $200 of painting materials. GDP gap = potential real GDP. It's FREE! It is prepared by accountants appointed by the entity’s management and is audited by an independent auditor. - 7 Capital Expenditure and Revenue Expenditure Reference: Chapter 20 (p.221) 21 (p. 258) A Reasons to distinguish ... - ... etc - social contributions and benefits - other current transfers USE OF INCOME ACCOUNT There two version of the use of income accounts: ... Debt Sustainability in Low-Income Countries, - Debt Sustainability in Low-Income Countries World Bank Economic Policy and Debt Department May 2006.

Like any other account, income and expenditure account consists of two sides – a debit side to enter expenditures and and a credit side to enter revenues or incomes of non-trading concerns. If you continue browsing the site, you agree to the use of cookies on this website.

Fiscal Policy. However, income and expenditure account must be debited with annual depreciation on furniture. Enter this quantity below the pre-tax financial gain variety, and also record it in the accounting records with a journal entry.
\text{Value added by the retailer} & 0.08 \\ Print trial balance. It's called ⇒ www.WritePaper.info ⇐ They helped me for writing my quality research paper. Have a look at the income and expenditure statement templates provided and choose the one that suits your purpose. This A-level revision presentation will lead you through it step by step and begin to introduce the concept of aggregate demand. on furniture and @ 20% p.a. http://myincometaxrefund.in/online-income-tax-payment/. If you wish to opt out, please close your SlideShare account. Besides the income and expenditure of the households and business firms, government purchases or expenditures and taxation also come into play. 1.15.5.G1Evan’s Income and Income and Expense Statement for: Time Period: Evan March AmountExpense Statement Earned Income Income Wages or salary before deductions 1600.00 Total Income $1,600.00 Expenses Deductions Often Taken from Paychecks Customize Evan’s Federal Income Tax Social Security (FICA) Secondly, goods and services included in the calculation should only be those whose value can be determined by selling them in the market. If you continue browsing the site, you agree to the use of cookies on this website. Keynesian Theory of Income Determination : two-sector model using AE=AS Approach This courseware is designed for revision purposes after finishing the above topic. thanks for this example. All Rights ReservedCFA Institute does not endorse, promote or warrant the accuracy or quality of AnalystPrep. Income and Expenditure - Free download as Powerpoint Presentation (.ppt), PDF File (.pdf), Text File (.txt) or view presentation slides online. See our Privacy Policy and User Agreement for details.

The artist then exposes the painting on his website and it gets sold for $500. Let’s look at the income and expenditure methods in detail. \hline

Your net profit is mostly your revenue, or all the money returning into your, Profit and loss account gives detailed knowledge about, net profit, net loss and indirect expenses of the business which assists to match the current profitability position with the profitability position of the early period. Chapter 3 Income and Expenditure Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Income & expenditure ppt 1. Transfer payments include Social Security, Medicare, unemployment insurance, welfare programs, and subsidies. \text{Value added by the farmer} & 0.21 \\ The surplus or deficit from the income and expenditure account is transferred to the.

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