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Overview of the Acquisition and Expenditure Cycle
 
01:37
Please like our Facebook page at https://www.facebook.com/rutgersweb To watch the entire video, go to https://www.youtube.com/watch?v=LRdalZHAto0 Course Summary: Introduction to the principles and concepts of the audit as an attestation service offered by the accounting profession. Primary emphasis is placed on Generally Accepted Auditing Standards, the role of the CPA/auditor in evidence collection, analytical review procedures and reporting, the CPA/auditor's ethical and legal responsibilities, the role of the Securities and Exchange Commission as well as other constituencies. Audit testing, including statistical sampling, internal control issues, and audit programs are discussed. -- Description: The acquisition & expenditure cycle involves processing purchase orders, receiving goods and services, recognizing the liability, and processing and recording cash disbursements. Inherent risks involve unrecorded liabilities (errors resulting from ineffective controls related to recording receipts of goods or services, fraudulent financial reporting resulting from recognizing expenses and liabilities in the proper period), noncancellable purchase agreements (necessary to recognize losses due to permanent declines in market value) and capitalizing expenses. Documents and records involved in the acquisition & expenditures cycle include purchase requisitions, purchase orders, receiving reports, vendor's invoice, checks, accounts payable master file, and CD master file. Audit evidence in management reports and data files include open purchase orders, unmatched receiving reports, unmatched vendor invoices, accounts (voucher) payable trial balances, purchase journals, and fixed asset reports. The functions of the purchasing process includes requisitioning (initiation and approval of requests for goods and services by authorized individuals consistent with management criteria), purchasing (approval of purchase orders and proper execution as to price, quantity, quality, and vendor), receiving (receipt of properly authorized goods and services), invoice processing (processing of vendor invoices for goods and services received; also processing of adjustments for allowances, discounts, and returns), disbursements (processing of payment to vendors), accounts payable (recording of all vendor invoices, cash disbursements, and adjustments in individual vendor accounts), general ledger (proper accumulation, classification, and summarization of purchases, cash disbursements, and payables in the general ledger). The internal controls audit approach involves understanding internal controls (study the client's flowcharts, review internal control questionnaires, perform walk-through tests), assess planned control risk (authorization of purchases, segregation of duties, timely recording and independent review of transactions, authorization of payments), and determining the extent of testing of internal controls (identify the key internal controls and weaknesses and assesses control risk, perform tests of controls to obtain evidence that controls are operating effectively. Segregation of duties: The purchasing function should be segregated from the requisitioning and receiving functions (if one individual is responsible for the requisition, purchasing, and receiving functions, fictitious purchases can be made. This can result in the theft of goods and possibly payment for unauthorized purchases. The invoice-processing function should be segregated from the accounts payable function (if one individual is responsible for the invoice-processing and accounts payable function, purchase transactions can be processed at the wrong price of terms or a cash disbursement can be processed for goods not received; this can result in overpayment of goods or the theft of cash), the disbursement function should be segregated from the accounts payable function (if one individual is responsible for the disbursement function and also has access to the accounts payable records, unauthorized checks supported by fictitious documents can be issued and unauthorized transactions can be recorded; this can result in theft of the entity's cash), and the accounts payable function should be segregated from the general ledger function (if one individual is responsible for the accounts payable records and also for the general ledger that individual can conceal any defalcation that would normally be detected by reconciling subsidiary records with the general ledger control account. To receive additional updates regarding our library please subscribe to our mailing list using the following link: http://rbx.business.rutgers.edu/subscribe.html
Auditing: Acquisition & Expenditure Cycle: Lecture 13 - Professor Helen Brown Liburd (Spring 2014)
 
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Principles of Auditing: Professor Liburd Lecture 13 Acquisition & Expenditure Cycle 4/16/14 Please visit our website at http://raw.rutgers.edu TIME STAMPS 0:39 Overview of the Acquisition and Expenditure Cycle 1:37 Inherent Risks 8:45 Documents and Records in the Cycle 11:42 Audit Evidence in Management Reports and Data Files 14:17 Major Functions of the Purchasing Process 18:46 Internal Controls Audit Approach 19:39 Key Functions & Duties 21:00 Control Procedures 22:46 Assertions about Classes of Transactions & Events 23:38 Assertions about Account Balances at the period end and substantive procedures 28:28 The Completeness Assertion 32:44 Purchase Cutoffs 33:02 SKIP UNTIL 51:02 51:03 Disclosure Items for the Purchasing Process 51:31 Other Accounts in the Cycle 51:42 Accrued Liabilities 52:24 Auditing Accrued Liabilities & Prepaid Expenses 53:14 Auditing Accounts Payable & Accrued Expenses 54:02 Income Taxes Payable 55:07 Auditing Property, Plant, & Equipment 56:03 Fraud Red Flags The acquisition & expenditure cycle involves processing purchase orders, receiving goods and services, recognizing the liability, and processing and recording cash disbursements. Inherent risks involve unrecorded liabilities (errors resulting from ineffective controls related to recording receipts of goods or services, fraudulent financial reporting resulting from recognizing expenses and liabilities in the proper period), noncancellable purchase agreements (necessary to recognize losses due to permanent declines in market value) and capitalizing expenses. Documents and records involved in the acquisition & expenditures cycle include purchase requisitions, purchase orders, receiving reports, vendor's invoice, checks, accounts payable master file, and CD master file. Audit evidence in management reports and data files include open purchase orders, unmatched receiving reports, unmatched vendor invoices, accounts (voucher) payable trial balances, purchase journals, and fixed asset reports. The functions of the purchasing process includes requisitioning (initiation and approval of requests for goods and services by authorized individuals consistent with management criteria), purchasing (approval of purchase orders and proper execution as to price, quantity, quality, and vendor), receiving (receipt of properly authorized goods and services), invoice processing (processing of vendor invoices for goods and services received; also processing of adjustments for allowances, discounts, and returns), disbursements (processing of payment to vendors), accounts payable (recording of all vendor invoices, cash disbursements, and adjustments in individual vendor accounts), general ledger (proper accumulation, classification, and summarization of purchases, cash disbursements, and payables in the general ledger). The internal controls audit approach involves understanding internal controls (study the client's flowcharts, review internal control questionnaires, perform walk-through tests), assess planned control risk (authorization of purchases, segregation of duties, timely recording and independent review of transactions, authorization of payments), and determining the extent of testing of internal controls (identify the key internal controls and weaknesses and assesses control risk, perform tests of controls to obtain evidence that controls are operating effectively. Segregation of duties: The purchasing function should be segregated from the requisitioning and receiving functions (if one individual is responsible for the requisition, purchasing, and receiving functions, fictitious purchases can be made. This can result in the theft of goods and possibly payment for unauthorized purchases. The invoice-processing function should be segregated from the accounts payable function (if one individual is responsible for the invoice-processing and accounts payable function, purchase transactions can be processed at the wrong price of terms or a cash disbursement can be processed for goods not received; this can result in overpayment of goods or the theft of cash), the disbursement function should be segregated from the accounts payable function (if one individual is responsible for the disbursement function and also has access to the accounts payable records, unauthorized checks supported by fictitious documents can be issued and unauthorized transactions can be recorded; this can result in theft of the entity's cash), and the accounts payable function should be segregated from the general ledger function (if one individual is responsible for the accounts payable records and also for the general ledger that individual can conceal any defalcation that would normally be detected by reconciling subsidiary records with the general ledger control account. To receive additional updates regarding our library please subscribe to our mailing list using the following link: http://rbx.business.rutgers.edu/subscribe.html
Views: 15114 Rutgers Accounting Web
Property Plant and Equipment (capitalizing acquisition costs)
 
06:25
This video discusses the various costs that are capitalized (made an asset) when a firm initially acquires property, plant, and equipment. Examples are provide to demonstrate how the initial value of land, buildings, and equipment are calculated by including not just the purchase price but all costs necessary to prepare the asset for use. Edspira is your source for business and financial education. To view the entire video library for free, visit http://www.Edspira.com To like us on Facebook, visit https://www.facebook.com/Edspira Edspira is the creation of Michael McLaughlin, who went from teenage homelessness to a PhD. The goal of Michael's life is to increase access to education so all people can achieve their dreams. To learn more about Michael's story, visit http://www.MichaelMcLaughlin.com To follow Michael on Facebook, visit https://facebook.com/Prof.Michael.McLaughlin To follow Michael on Twitter, visit https://twitter.com/Prof_McLaughlin This video was funded by a Civic Engagement Fund grant from the Gephardt Institute for Civic and Community Engagement at Washington University in St. Louis.
Views: 19590 Edspira
Expenditure on Purchase of Asset -11th  Chapter 9 - Journal(book of original entry)
 
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Expenditure on Purchase of Asset -11th Chapter 9 - Journal(book of original entry) #11class #Accountancy #Class11 #Accounts #11classAccount #11classAccountancy #Class11Accounts
Views: 51 Commerce Mantras
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07:43
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Views: 643971 Ryan Scribner
Major Functions of the Purchasing Process
 
04:31
Please like our Facebook page at https://www.facebook.com/rutgersweb To watch the entire video, go to https://www.youtube.com/watch?v=LRdalZHAto0 Course Summary: Introduction to the principles and concepts of the audit as an attestation service offered by the accounting profession. Primary emphasis is placed on Generally Accepted Auditing Standards, the role of the CPA/auditor in evidence collection, analytical review procedures and reporting, the CPA/auditor's ethical and legal responsibilities, the role of the Securities and Exchange Commission as well as other constituencies. Audit testing, including statistical sampling, internal control issues, and audit programs are discussed. -- Description: The acquisition & expenditure cycle involves processing purchase orders, receiving goods and services, recognizing the liability, and processing and recording cash disbursements. Inherent risks involve unrecorded liabilities (errors resulting from ineffective controls related to recording receipts of goods or services, fraudulent financial reporting resulting from recognizing expenses and liabilities in the proper period), noncancellable purchase agreements (necessary to recognize losses due to permanent declines in market value) and capitalizing expenses. Documents and records involved in the acquisition & expenditures cycle include purchase requisitions, purchase orders, receiving reports, vendor's invoice, checks, accounts payable master file, and CD master file. Audit evidence in management reports and data files include open purchase orders, unmatched receiving reports, unmatched vendor invoices, accounts (voucher) payable trial balances, purchase journals, and fixed asset reports. The functions of the purchasing process includes requisitioning (initiation and approval of requests for goods and services by authorized individuals consistent with management criteria), purchasing (approval of purchase orders and proper execution as to price, quantity, quality, and vendor), receiving (receipt of properly authorized goods and services), invoice processing (processing of vendor invoices for goods and services received; also processing of adjustments for allowances, discounts, and returns), disbursements (processing of payment to vendors), accounts payable (recording of all vendor invoices, cash disbursements, and adjustments in individual vendor accounts), general ledger (proper accumulation, classification, and summarization of purchases, cash disbursements, and payables in the general ledger). The internal controls audit approach involves understanding internal controls (study the client's flowcharts, review internal control questionnaires, perform walk-through tests), assess planned control risk (authorization of purchases, segregation of duties, timely recording and independent review of transactions, authorization of payments), and determining the extent of testing of internal controls (identify the key internal controls and weaknesses and assesses control risk, perform tests of controls to obtain evidence that controls are operating effectively. Segregation of duties: The purchasing function should be segregated from the requisitioning and receiving functions (if one individual is responsible for the requisition, purchasing, and receiving functions, fictitious purchases can be made. This can result in the theft of goods and possibly payment for unauthorized purchases. The invoice-processing function should be segregated from the accounts payable function (if one individual is responsible for the invoice-processing and accounts payable function, purchase transactions can be processed at the wrong price of terms or a cash disbursement can be processed for goods not received; this can result in overpayment of goods or the theft of cash), the disbursement function should be segregated from the accounts payable function (if one individual is responsible for the disbursement function and also has access to the accounts payable records, unauthorized checks supported by fictitious documents can be issued and unauthorized transactions can be recorded; this can result in theft of the entity's cash), and the accounts payable function should be segregated from the general ledger function (if one individual is responsible for the accounts payable records and also for the general ledger that individual can conceal any defalcation that would normally be detected by reconciling subsidiary records with the general ledger control account. To receive additional updates regarding our library please subscribe to our mailing list using the following link: http://rbx.business.rutgers.edu/subscribe.html
Consumer Spending
 
10:33
This revision tutorial looks at some of the factors that determine the level of consumption in an economy. For more help with your A Level / IB Economics, visit tutor2u Economics http://www.tutor2u.net/economics If you find this topic video helpful, please SUBSCRIBE to our YouTube Channel For more help with Economics: Follow tutor2u Economics on Twitter: https://twitter.com/tutor2uEcon https://twitter.com/tutor2uGeoff - - - - - - - - - MORE ABOUT TUTOR2U ECONOMICS: Visit tutor2u Economics for thousands of free study notes, videos, quizzes and more: https://www.tutor2u.net/economics A Level Economics Revision Flashcards: https://www.tutor2u.net/economics/store/selections/alevel-economics-revision-flashcards A Level Economics Example Top Grade Essays: https://www.tutor2u.net/economics/store/selections/exemplar-essays-for-a-level-economics
Views: 7588 tutor2u
Capital Expenditures vs Operating Expenditures
 
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This video will first explain what capital expenditures and operating expenditures mean, talk about the difference between these two terms and then provide examples of capital expenditures and operating expenditures. CapEx is the short form for capital expenditures and OpEx is the short form for operating expenditures. Capital expenditures are when a company buys assets that add value to the business. Examples would be things like purchasing equipment, buying property and building a factory on it and many more. Operating expenditures is when businesses pay to maintain operations. Examples of operating expenditures would be paying employee wages, paying utility bills and much more. Operating expenditures are day to day expenses wheras capital expenditures are when companies spend money that will lead to future benefit. The capital expenditures number is used in the crucial metric called Free Cash Flow. Click here to watch our video on Free Cash Flow https://www.youtube.com/watch?v=2WlG6QwgHh0 The operating expenditures figure is used in the net income figure. Net Income = Revenue - Expenses and since operating expenditures (otherwise known as operating expenses) is a type of regular expense, it is factored in this calculating and falls under expenses. There are many numbers that contribute to expenses and operating expenses is one of these numbers. Make sure to Like, Comment, Subscribe and Share! Ending beat by Lynval D'tchalis, check him out here: https://soundcloud.com/lynval-sundayswag-dtchalis If you want to know more about us or the progress of our videos, please follow us @MrSoniBros and @MrNikkyG
Views: 59260 Soni Bros
[#3]Depreciation -  Machinery a/c [Purchase of 3 Machinery & sale of 2 Machinery]  :- by kauserwise
 
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Here is the video for Depreciation of Machinery account with purchase of 3 machinery and sale of 2 Machinery, in that how to Prepare Depreciation on machinery account with 3 different date of purchase of machinery and we saw that one machinery for loss on sale and another one for Profit on sale, hope this will help you to get the subject knowledge at the end. if you like this please like, comment, share and subscribe. Thanks and All the best. ▓▓░───CONTRIBUTION ─░▓▓ If you like this video and wish to support this kauserwise channel, please contribute via, * Paytm a/c : 7401428918 * Western Union / MoneyGram [ Name: Kauser, Country: India & Email: [email protected] ] [Every contribution is encouraging US] Thanks & All the Best!!! ──────────────────── To watch more tutorials pls visit: www.youtube.com/c/kauserwise * Financial Accounts * Corporate accounts * Cost and Management accounts * Operations Research Playlists: For Financial accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnojfVAucCUHGmcAay_1ov46 For Cost and Management accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnpgUjlVR-znIRMFVF0A_aaA For Corporate accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnorJc6lonRWP4b39sZgUEhx For Operations Research - https://www.youtube.com/playlist?list=PLabr9RWfBcnoLyXr4Y7MzmHSu3bDjLvhu
Views: 113245 Kauser Wise
Basic difference between Expenses and Expenditure| QUESTION N ANSWER| SUNANDA MUDULI|
 
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Here we discuss about basic diff between expenses and expenditure
Views: 14862 QUESTION N ANSWER
The Psychology of Shopping
 
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This Video summaries the psychological factors that influence shopping behaviour. MUSIC CREDITS Song Title - "Arecibo Message" BY - Jesse Spillane ALBUM - Art of Presentation Available under the Creative Commons Attribution Attribution 4.0 International (CC BY 4.0) https://creativecommons.org/licenses/by/4.0/ http://freemusicarchive.org/music/Jesse_Spillane/Art_of_Presentation/Jesse_Spillane_-_Art_of_Presentation_-_10_Arecibo_Message https://creativecommons.org/licenses/by/4.0/legalcode NOTE: This video plays the opening of the song (approx 1 min) on loop. OVERVIEW Have you ever wondered what factors influence your shopping behaviour? Did you know that ϖ our assessment of expected product benefits ϖ rational decision making ϖ emotions ϖ heuristics ϖ Our habits ϖ mental accounting ϖ feelings of trust ϖ our general mood ϖ feelings of attachment towards the sale item ϖ ability to pay ϖ the interaction with sales staff ϖ market forces ϖ social influences ϖ The convenience of the sale process ϖ And random factors can all significantly influence whether people are willing to buy a good or service, and if so how much they are prepared to pay. ASSESSMENT OF EXPECTED PRODUCT BENEFITS: There is usually a direct relationship between our willingness to pay and our assessments of perceived value. The more we are convinced that the purchase will fulfil our needs or provide value, the more we will be willing to pay for the good or service. RATIONAL DECISION MAKING: In order to make a rational assessment of a potential purchase we must be able to articulate the key decision making criteria. The rational decision maker would then assess the milk purchase options against each criteria. Finally the rational decision maker would buy the option that best fulfils the decision criteria…if the purchase options fulfil his minimum requirements.. If a product is superior on some criterion but inferior on others, then the rational decision maker must assess which criteria should be give more importance. EMOTIONAL PURCHASING BEHAVIOUR: Emotional states, when compared to rational decision making, allow us to make quicker decision with much less cognitive effort. Marketers strategically seek to associate products with an emotional advertising experiences that will increase the prospect of a purchase. FEELINGS OF ATTACHMENT: Once you are attached to the product, you'll often consider paying a premium to keep the feeling of ownership. Behaviour economists call this phenomenon the “endowment effect”. HEURISTICS: Heuristics allow for quick decisions that are not mentally draining. Some of the rules of thumb we commonly use include: • Purchase the cheapest • Buy the option rated as having the best main feature • Buy the brand with the most attractive packaging • Buy the brand you know • Buy the same brand as last time. HABIT: If we are happy with a brand we have purchased before, then there is always a risk associated with purchasing a new brand. ABILITY TO PAY: We can only buy what we can afford, and nearly all of us face constraints on money available to make purchases. MENTAL ACCOUNTING: Psychological research has found that people rarely assess their overall budget making purchase decisions. Rather people tend to draw upon separate monthly budgets for different types of expenditure. MARKET FORCES Knowledge of market price sets a benchmark for how much we are willing to pay. SOCIAL FACTORS: Our social instincts commonly affect our purchasing behaviour. We often look at what others are buying, and we often purchase what is popular at the time. A social endorsement from a respected figure can also increase our tendency to buy at a premium. TRUST: Sellers with a reputations for providing a consistent quality product will benefit from higher sales. Many sellers offer a return policy to overcome the barriers of buyers concern about quality. We will also be more likely to buy at a premium if we consider the seller to be an expert. CONVENIENCE: No one likes being made to wait unnecessarily, being forced to travel, or being made to spend additional effort in the shopping process. THE SALES INTERACTION: Research has found that we buy more from salespeople that we like and trust. Sales staff who are skilled in making a customer feel important are nearly always more successful, as many people cannot resist paying more when their ego is being stocked. GENERAL MOOD: It has been found that people who are experience a sad mood over a period of time are more likely to buy more when they are out shopping. RANDOM FACTORS: You may be surprised to find out that random factors can significantly influence our shopping behaviour, by anchoring our willingness to pay.
Views: 10870 BusinessPsychologyHub
Percent Problems on Expenditure, Bonus, Sales & Commission: 15 Sec Solutions
 
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Mr. Mayank explains Percent Problems on Expenditure, Bonus, Sales & Commission.   % Expenditure, Commission, Salary, & Bonus Problems @0:10 Find the % increase in savings required for the man to purchase a cycle in 8 months instead of 12 @0:42 The Price of Rice Increases by 30%. Due to this, a Family use 40 kg less sugar at an Expenditure Increase of 10%. Find Original Consumption @9:00 The Price of Sugar Increases by 20%. Due to this, a Family Purchases 40kg less sugar for Rs. 2000. Find Original Consumption, Current Consumption, Original Price, & Current Price. @11.12 A Reduction of Rs. 2 per kg enables a Man to Purchase 4 kg more Sugar Rs. 16. Find Original Price @14:19 A Family Consuming 25 kg Rice and 9kg wheat per month spends Rs. 350. The Price of Rice is 20% of the Price of the wheat. If the Price of wheat is increased by 20% then, find the % Reduction in Consumption of Rice, to keep Expenditure Constant @17:01 The Cost of an Apple is Twice that of a Banana and the cost of a Banana is 25% less than that of Guava. If the Cost of each Type of Fruit Increases by 10%, then find the Percentage Increase in the Cost of 4 banana, 2 Apples, and 3 Guavas @20:57 A Salesman Allowed 12% Commission on the total Sales Made by him and a Bonus of 3% on the Sales over Rs. 20,000. If the total earning of a Salesman is Rs. 7650. Find the total sales @22:03 A Company allows 5% Commission up to the Sales of Rs. 10000 and a Commission of 4% on the Sales over Rs. 10000. If Man Deposited Rs. 31100 After Deducting his Earning find the total Sales. @26:19 A Man Earns A% Commission on Find Sale of Rs. 1000. On Further Sales, he Earns B% Commission. If in Following 2 Months his Sales were Rs. 3000 and Rs. 4000 and His Commissions were Rs. 900 and Rs. 1300 Respectively, what is the Value of a & B? @30:08 A Man Invests a Part of Rs. 10,000 at 5% and the Remainder at 6%. The 5% Investment Yields Rs 76.50 more than the 6% Investment Annually. Find the Amount Invested at 5%@33:36 Next Class-% and Venn Diagrams @35:57 #Yields #Invests #Earning #Percentage #Cost #Reduction #Purchases #Consumption #Expenditure #Mayank #Examrace   Next Class- % and Venn Diagrams In an examination 20% of the students failed In Math, 15% of the student, failed in English, 25% of the students failed in Hindi. If 5% of the students failed in Math and English, 10% of the students failed English and Hindi, 15% of the students failed in Math and Hindi, and 2% of the students failed in all the three subjects, then find the percentage of students who passed in all three subjects. This video will be useful for students preparing for entrance exams like JEE, SAT, ACT, GATE, GMAT, GRE. Also aspirants preparing for examinations like Bank PO, SSC, NTSE, IAS CSAT will find the concepts in this video helpful. For SSC Postal Course visit - https://www.examrace.com/SSC-CGL/SSC-FlexiPrep-Program/Postal-Courses/Examrace-SSC-CGL-Reasoning-Quantitative-and-English-Series.htm For GMAT Postal Course visit - https://www.examrace.com/GMAT/GMAT-FlexiPrep-Program/Postal-Courses/Examrace-GMAT-Series.htm For complete postal course refer http://www.examrace.com/Study-Material/Aptitude/Aptitude-FlexiPrep-Program/Postal-Courses/Examrace-Aptitude-Series.htm or email [email protected] For lecture handouts google "Percent Change Problems Examrace YouTube Handouts"
Views: 15060 Examrace
Capital & Revenue Expenditure by CA Raj K Agrawal | Accounting
 
01:23:03
StudyAtHome.org is a Online/Offline Platform, that provides CA/ CS/ CMA classes from India's Best Professors at your Home. To Purchase Complete Lectures, mail us at [email protected]
Views: 98263 Study At Home
Microsoft Excel - Creating a Simple Expense Sheet
 
06:24
This video shows how to create a simple expense sheet in Microsoft Excel 2003 or later. Fields include total monthly billing expenses, monthly income and the net value for the billing expenses versus the monthly income. This video also shows how to create a hyperlink to another section in the workbook, such as another specific cell or sheet.
Views: 289634 Alex C
The Multiplier Effect- Macro 3.9B
 
05:35
A new econ video every Tuesday! In this video I explan the two multipliers that you will see in a standard macroeconomics course: The Spending Multiplier and the Money Multiplier. *Note* I didn't mention that the tax multiplier is always negative. give you a few practice questions so be sure to pause the video and try it on your own. Don't freak out about the math. Most courses don't require that you actually understand the math behind geometric series, but you do need to know the equaltions. Thanks for watching. If you want me to keep making more videos, please subscribe. More about the multiplier https://www.youtube.com/watch?v=Xg-0z5RWbAU&index=11&list=PLBC35DEA1D1A98034 Spending and Tax Multiplier Practice https://www.youtube.com/watch?v=kgAgYi0nuM8 The Money Multiplier- How Banks Create Money https://www.youtube.com/watch?v=JG5c8nhR3LE Macroeconomics Videos https://www.youtube.com/watch?v=XnFv3... Microeconomics Videos https://www.youtube.com/watch?v=swnoF... Watch Econmovies https://www.youtube.com/playlist?list... Follow me on Twitter https://twitter.com/acdcleadership
Views: 348189 Jacob Clifford
How to Maintain Daily Expenses in Excel | Expenses Record Maintain in Excel
 
12:29
How to Maintain Daily Expenses Record in Excel..... Subscribe our YouTube Channel :- https://www.youtube.com/channel/UCWagfeBIjizh9tKQV2tBnmg?sub_confirmation=1 .... Subscribe & Share this video …
Views: 249004 GyanNiti
Excel Tutorial: Income and Expenditure Account Balance sheet in Excel|Monthly Income Expenses  Losse
 
09:45
Excel Tutorial: Income and Expenditure Account Balance sheet in Excel| Monthly Income Expenses & Losses In This Video Tutorial We'll Learn Excel Tutorial: Income and Expenditure Account Balance sheet in Excel| Monthly Income Expenses & Losses Account Sheet and also Income Statement and Balance Sheet. When you watch it than you can make all kind of Income & Expenditure & Losses Report Sheet. Excel Tutorial: Income and Expenditure Account Balance sheet in Excel 2017 Monthly Income Expenses & Losses Account Statement in MS Excel https://www.youtube.com/c/AR%20Multimedia Asith Roy AR Multimedia Maintain Monthly Income Expenses & Losses in Excel Tutorial How to Create Daily/Monthly Expenses/Incomes/Losses Report in Microsoft Excel Tutorial Income & Expenditure Account In Microsoft Excel 2013 Income Statement and Balance Sheet in Excel 2017 Bangla Tutorial youtube Channel :https://www.youtube.com/c/AR%20Multimedia Facebook: https://web.facebook.com/asith.roy.3 Twitter :https://twitter.com/royasith752
Views: 24147 AR Multimedia
How to get in control of your spending
 
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Read more on how to stop impulse spending: http://bit.ly/1CrNnkM ~~~Connect with me~~~ Facebook: https://www.facebook.com/Five4FiveMeals Pinterest: http://www.pinterest.com/Five4FiveMeals/ Web Site: http://www.five4fivemeals.com Mason Jar Tumbler: http://y2u.be/xWmAzK8z148 DIY Bath Bombs: http://y2u.be/8dnqtYPhUNE Panko Crusted Tilapia: http://y2u.be/bBaaNyeW8CU Clean Scratches off a Hardwood Floor: http://y2u.be/1y1bDqmpCe0 Apple Stuffed Roast Chicken: http://y2u.be/ZqV05QCyl9c
Views: 69326 Lydia Senn
GST on Direct & Indirect expenses in tally erp
 
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how terat GST on Direct expenses and indirect expenses in Tally erp 9 release GST on freight , GST on packing & loading charges , GST on Expenses in Tally erp -9 #tallyerp9 #GST #rtsprofessionalstudies Download question paper from facebook page click here -https://www.facebook.com/rtsprofessionalstudies Go to my web site-https://rtsprofessionalstudy.com/ Join my face book page-https://www.facebook.com DISCLAIMER This video is merely a general guide meant for learning purposes only. All the content, reference, instruction or documents or soft files are for educational purposes only and do not constitute a legal advice. We do not accept any liabilities whatsoever for any losses caused directly or indirectly by the use/reliance of any information contained in this video or for any conclusion of the information. Prior to acting upon this video, you're suggested to seek the advice of your financial, legal, tax or professional advisors, tax consultant as to the risks involved may be obtained and necessary due diligence, etc
Views: 257664 RTS professional studies
Fiscal Policy - The Government Spending Multiplier
 
20:07
This video will introduce and explain the effect of an expansionary fiscal policy on aggregate demand, specifically an increase in government spending. When government spending increases, household incomes rise and therefore consumption increases, further adding to the expansionary effect on Aggregate Demand. If we know the marginal propensity to consume among a nation's households, we can calculate the size of the spending multiplier, and thereby determine how much of a stimulus would be needed to increase AD by a particular desired amount. Want to learn more about economics, or just be ready for an upcoming quiz, test or end of year exam? Jason Welker is available for tutoring, IB internal assessment and extended essay support, and other services to support economics students and teachers. Learn more here! http://econclassroom.com/?page_id=5870
Views: 56532 Jason Welker
Income Statement, Cont'd: Cost of Goods Sold, Gross Profit, Expenses
 
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Brought to you by StratPad: Simple Business Plan App. Try it free at http://www.stratpad.com In this video, we continue our look at the income statement and dig into the expenses section. You'll learn about different types of expenses, including cost of goods sold (or COGS), and how to calculate expenses to determine gross profit from sales. http://www.stratpad.com/financial-statements-made-easy-video-course/income-statement-cost-of-goods-sold-gross-margin-expenses/ Video Transcript So you know now that the income statement starts off with sales at the top and then we start subtracting a variety of costs until we end up with net income at the bottom. So now I want to dig into what some of those costs are. So here you actually see a heading called expenses and then underneath, a variety of expenses. But you'll also see here, we have a special line called cost of goods sold and this is a special kind of expense. It relates to sales. When you sell something, let's say a widget, the widget will have a cost. If you sell the widget for $1 but you've paid 25 cents for that widget, then the cost of goods that you've sold will be 25 cents. If you sell 100 widgets at $1 each then you'll have $100 in revenue and 25 cents a widget times 100 of those is equal to $25 worth of cost of goods sold. If you sell time by the hour, for example, if you're a lawyer or a web designer or an accountant, then your cost of goods sold will be equal to the labour cost associated with whoever is charging that hour. So if you're charging $50 per hour for web design and you pay yourself $20 an hour, then your cost of goods sold would be $20 an hour. And let's just see how that subtotals. So let's say that we had $10,000 worth of sales or revenue and our cost of goods sold was $2,500, we would have a little subtotal here. So that single line means we're about to do a mathematical subtotal or a mathematical calculation like a subtraction. And, in this case, even though the $2,500 is shown as positive, we know that we need to subtract $2,500 from $10,000 to get $7,500. And this subtotal has a special name called gross profit. Now the words "gross profits" is often times not shown on the income statement but you'll know what that subtotal is -- gross profit. Then underneath that, you'll see that we have the expenses listed like this in alphabetical order. But we can also show them a different way, like this. Expenses are often shown grouped in three categories: general and administrative, which are all your administration costs like the salary of the boss, administrative staff, accounting people, rent, communications, those types of things; research and development are exactly that — all the costs and overhead associated with the people who are doing your research and product development; sales and marketing, similarly, all the costs and overhead associated with the salaries of the people who do your sales, marketing and your sales- and marketing-related campaigns. Let's just show you what happens when we add some numbers in here. Let's say that general and administrative for the month was $3,000 in costs; research and development was $2,000; and sales and marketing was $1,000. What we would do here is we would total these. A subtotal of $3,000 plus $2,000 plus $1,000 is equal to $6,000. And then we would take the $7,500 of gross profit and we would subtract $6,000 from it. We end up with another special subtotal, so that would be $1,500. That special subtotal has a very complicated name which we will get to in the next video. And you thought this stuff would be boring. :-)
Views: 66664 Alex Glassey
Income and Expenditure A/c & Balance Sheet (with solved problem) by:- kauserwise
 
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▓▓▓▓░░░░───CONTRIBUTION ───░░░▓▓▓▓ If you like this video and wish to support this kauserwise channel, please contribute via, * Paytm a/c : 7401428918 * Paypal a/c : www.paypal.me/kauserwisetutorial [Every contribution is helpful] Thanks & All the Best!!! ─────────────────────────── Income and Expenditure A/c & Balance Sheet (with solved problem) in Financial accounting tutorial ( Receipts and payments, Income and expenditure, Balance sheet, Non - profit organization), Hope this will help you to get the subject knowledge at the end. Thanks and All the best. To watch more tutorials pls visit: www.youtube.com/c/kauserwise * Financial Accounts * Corporate accounts * Cost and Management accounts * Operations Research Playlists: For Financial accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnojfVAucCUHGmcAay_1ov46 For Cost and Management accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnpgUjlVR-znIRMFVF0A_aaA For Corporate accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnorJc6lonRWP4b39sZgUEhx For Operations Research - https://www.youtube.com/playlist?list=PLabr9RWfBcnoLyXr4Y7MzmHSu3bDjLvhu
Views: 623418 Kauser Wise
How to record Cash Expenses or Petty Cash transactions in QuickBooks
 
04:34
Don't miss a tip, Join my Tips & Tricks: https://CandusKampfer.com/tips Candus' Free Mini Course: https://canduskampfer.com/minicourse/ Find out how to Join my QuickBooks Simplified Community: http://quickbookssimplified.com Are you new to QuickBooks or are you struggling to figure out the software? Would you love a course that is step by step vs searching for each answer and trying to figure it all out on your own? I would like to share with you my course called Confidence with QuickBooks. Everyone who has taken the course loves it. For more details visit: http://ConfidenceWithQuickBooks.com If you need help with QuickBooks, set up an appointment here: https://canduskampfer.com/private-sessions-with-candus/ Click here to be notified of upcoming Webinars & Workshops: https://canduskampfer.com/webinar-wai... Learn how to process: 941, 940, DE9, DE9C, W2's, W3, 1099-misc & 1096. Click here to join and for more details: https://canduskampfer.com/quarterly-and-year-end-forms-cou Have a great day! Candus :)
Views: 92539 Candus Kampfer
Expenditure:Capital_Revenue_Deferred Revenue
 
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Capital Expenditure: The expenditure which is incurred to acquire or purchase of any long lived assets; The benefit from which is derived for more than one accounting; That increases the earning capacity of the business. Revenue Expense: The expenditure which is incurred for day to day operations of the business and the benefit from which is derived in the current year only Deferred Revenue Expenditure Revenue expenditure the benefit of which is available for more than one year. Such expenditures are charged against the income over a period of time.
Views: 313 DVRamanaXIMB
TRANSPORT EXPENSES | transportation charges entry in tally for gst from urd and registered dealer
 
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friend in this video i will show you how to pass TRANSPORT EXPENSES/CHARGES ENTRY IN TALLY FOR GST 1-ITC NOT CLAIM FOR TRANSPORTAION EXPENSES 2-RAISE LIABILITY ON URD PURCHASE 3-TRANSPORT EXPENSES ENTRY FROM URD 4-TRANSPORT EXPENSES ENTRY FROM REGISTERED DELAER VISHESH GYAN TALLY ERP9 7.0
Views: 90924 vishesh gyan
Lecture 10: Government Expenditure Part (II)
 
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Textbook: Chapter 12 Topics Government purchase and household income flow: 0:40 The wealth effect of government purchase: 1:41 Government purchase and private investment: 5:11 Government purchase and employment: 13:02
Tiny House Monthly Expenses. Is Living Small Really Cheaper?
 
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In this video, I breakdown my monthly Tiny House expenses and also explain what it costs to travel with and maintain a Tiny Home. SUPPORT this channel and get exclusive rewards by clicking here: https://www.patreon.com/tinyhousegiantjourney READ MORE ABOUT TINY HOUSES & TRAVEL ON JENNA'S BLOG: http://tinyhousegiantjourney.com/ SUBSCRIBE: http://www.youtube.com/tinyhousegj/noodlemx?sub_confirmation=1 --------- FOLLOW JENNA ON SOCIAL MEDIA: Facebook: http://www.facebook.com/tinyhousegiantjourney Instagram: http://www.instagram.com/tinyhousegiantjourney Twitter: http://www.twitter.com/tinyhousegirl --------- MUSIC CREDITS: Peter Kuli | Track: "Love It" Listen: https://soundcloud.com/peterkuli Album: https://fanlink.to/lust BUSINESS INQUIRES & MUSIC SUBMISSIONS: [email protected] --------- Drone footage provided by: Jonathan Benabed of https://www.youtube.com/channel/UC8hLBGU5BnxmdkzuG0V286w
Views: 262631 Tiny House Giant Journey
Goods market:  Calculate the budget balance of government
 
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Show how to calculate the budget balance of government. A budget deficit exists when the government's total expenditure, consisting of purchases of goods and services (G) and transfer payments (R), exceeds its revenue, consisting of taxes (T). Budget deficit = (G + R) is greater than T or T is smaller than (G + R) A budget surplus exists when government's revenue, consisting of taxes (T), exceeds its total expenditure, consisting of purchases of goods and services (G) and transfer payments (R). Budget surplus = (G + R) is smaller than T or T greater than (G + R)
Views: 18255 lostmy1
What Do You Mean By Expenditure?
 
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An amount of time, energy, effort, etc. What does expenditure mean? is the definition of expenditure? These are an act spending money or time and it something on which you spend. Consumption is distinct from consumption expenditure, which the purchase of goods and services for use by households. Buying food, clothing, furniture or an automobile is often referred to as expense expenditure meaning in nepali, what of common nepali dictionary, audio pronunciation, synonyms and definitions english the use goods services by households. Meaning, pronunciation, translations and examples. The act of spending money 6 may 2017 effectively, there is no difference between the two terms when an expenditure automatically triggers incurrence expense; For example, office supplies are typically charged to expense as soon they procured. The expenditure may be for the purchase of an asset, a reduction liability, distribution to owners, or it could expense. It is the government's job to decide what do with definition of expenditure action spending funds u ] act using or energy, time, money effort on this project has been enormouswe're primarily concerned keeping down. What do you mean by expenditure? Youtubedefinition from the economics topic define expenditure at dictionary. These are largely define expenditure. That is used to do something. Energy expenditure of exercise assists in weight reduction. Definition of expenditure payment cash or equivalent for goods services, a charge against available funds in settlement an obligation as evidenced you also might like ravinder kapur. In common usage, an expense or expenditure is outflow of money to another person group pay for item service, a category costs. Something expended, such as time or money 2. Stewart, dr alan & stewart, maryon the vitality diet (1990)can you reduce expenditure in any way? 20 jul 2017. In other words, it's the use of a resource in operations business. For instance, an expenditure to eliminate a liability is not expense, while expenditures for advertising, salaries, etcExpenditure? Definition and meaning. Thesaurus definition expenditure budget shows the revenue and capital disbursements of various ministries departments presents estimates in respect each under 'plan' 'non plan'. I propose that we wait until the budget has been announced before committing ourselves to any expenditure. For a tenant, rent is an expense. An example of an expenditure is the money spent on office equipment that you have purchased definition spending something, or. Gross net expenditure ( the total amount a company spends before after any definition, act of expending something, especially fundsconsumptionin trip budget, you need to add up all your expenditures, such as hotel, car rental and food costs against money have brought spend. What are alternatives to layoffs? When a company is making large losses, laying off employees can be an attractive definition of expenditure for english language learners. An amount of m
Macroeconomics - Chapter 23: Aggregate Expenditure  and Output in the Short Run
 
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Aggregate expenditure, AE, is total spending in the economy: the sum of consumption, planned investment, government purchases, and net exports. The aggregate expenditure model is a macroeconomic model that focuses on the short-run relationship between total spending and real GDP, assuming that the price level is constant. The key idea of the model is that in any particular year, the level of GDP is determined mainly by the level of aggregate expenditure. In 1936, John Maynard Keynes published The General Theory of Employment, Interest, and Money, a book that analyzed the relationship between changes in aggregate expenditure and changes in GDP. For the economy as a whole, macroeconomic equilibrium occurs where aggregate expenditure equals total production, or GDP. Keep your attention focused on the difference between GDP and AE, because the measurement is different only in respect to Actual Investment, in GDP, versus Planned Investment in AE. We focus on Planned Investments in the economy as it relates to the Business Cycle, periods of expansion, and contraction.
Views: 2179 Dr. Bill Schlosser
QuickBooks Online QBO: Fixed Assets, Depreciation, Purchase of Fixed Assets on Loan
 
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Call us right now at (858) 798-5058 for QuickBooks private training or visit us online at http://www.NewQBO.com/ QuickBooks Online QBO: Fixed Assets, Depreciation, Purchase of Fixed Assets on Loan http:/NewQBO.com
Views: 48397 QuickBooksQBO
Accounts tutorials for Ca-Cpt |capital and Revenue Expenditure and Receipts |part 10
 
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#Wahthu E-portal (A digital way of learning ) Topic: - Capital and Revenue Expenditure and Receipts. Durations:- 19:46 Minutes #capital expenditure: - It contributes to revenue earning capacity of a business over more than one accounting period capital expenditure are shown on the assets side of the balance sheet. ex: - purchase of plant overhauling second-hand computer etc. #Revenue Expenditure: It is in incurred to generate revenue for a particular accounting period ex: - purchase of raw materials, payment of salaries etc. #Deferred Revenue Expenditure: - It is the expenditure of revenue nature, for which payment has been made or a liability incurred but which is carried forward on the presumption that it will of benefit over a subsequent period. e.g. deferred advertisement expenditure, Discount on issue of shares and debentures.... Language: relates- English or Hindi #tranding please don't hesitate to contact us if you have any questions:_ WhatsApp:- +91 9968570131 Email Id:- [email protected] follow us on StumbleUpon http://www.stumbleupon.com/stumbler/ssharma5553 follow us on vk.com https://vk.com/id408304087 follow us on Reddit https://www.reddit.com/user/Wahthu/ follow us on Tumblr https://www.tumblr.com/blog/wahthu follow us on LinkedIn on https://www.linkedin.com/in/wahthu-e-portal-622792135/ follow us on Pinterest https://in.pinterest.com/wahthuhelp/ Please like #share and #subscribe for more videos.
Views: 429 WahThu E-Learning
MEANING, NEED AND ITEMS OF INCOME AND EXPENDITURE ACCOUNT | NOT FOR PROFIT ORGANISATION ACCOUNTANCY
 
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MEANING OF INCOME AND EXPENDITURE ACCOUNT, NEED OF INCOME AND EXPENDITURE ACCOUNT AND ITEMS OF INCOME AND EXPENDITURE ACCOUNT | NON PROFIT ORGANISATION (NPO) | NOT FOR PROFIT ORGANISATION | ACCOUNTANCY VIDEO | GEI #incomeandexpenditureaccount #notforprofitorganisation #NIOS If you like this video and wish to support this EDUCATION channel, please contribute via, * Paytm a/c : 9051378712 * Paypal a/c : www.paypal.me/RaghunathJaiswal [Every contribution is helpful] Thanks & All the Best!!! #incomeandexpenditureaccountinhindi #incomeandexpenditureaccountclass12 #incomeandexpenditureaccountclass11 #incomeandexpenditureaccountwithadjustment #incomeandexpenditureaccountb.com #notforprofitorganisationclass12 #notforprofitorganisationipcc #notforprofitorganisationclass12solutions #notforprofitorganisationclass12inhindi #notforprofitorganisationaccounting #nonprofitorganisation Please SUBSCRIBE for more videos. https://www.youtube.com/channel/UCFzUEzxnRDsbWIA5rnappwQ?sub_confirmation=1 Watch our other videos: ACCOUNTANCY VIDEO CLASSES - https://www.youtube.com/playlist?list=PLnkZZQxcaXmqkGl4Sq5ikimHcd1upPnz- JOURNAL ENTRIES WITH SOLVED SUMS - https://www.youtube.com/playlist?list=PLnkZZQxcaXmoX97h18700DTr635TOfAH_ Subsidiary Book Solved Sums (Purchase & Purchase return a/c, Sales & Sales return a/c) - https://www.youtube.com/playlist?list=PLnkZZQxcaXmpkj3Qc3_XMDXjw3uA1hfOm SINGLE COLUMN CASH BOOK | DOUBLE COLUMN CASH BOOK | PETTY CASH BOOK - https://www.youtube.com/playlist?list=PLnkZZQxcaXmraj6-ig9RPEkezwbPQESAk BANK RECONCILIATION STATEMENT - https://www.youtube.com/playlist?list=PLnkZZQxcaXmrOgBYIwl579u2--u6NXCoA Company Accounts | Issue of Shares| Reissue of Shares | Forfeiture of Shares - https://www.youtube.com/playlist?list=PLnkZZQxcaXmqZpUdDN6Q_ZuHpu-pMVvv_ Issue of Shares | Company Accounts - https://www.youtube.com/playlist?list=PLnkZZQxcaXmpg925v5A3xUP-J0CB7RSag Company Forfeiture of Shares | Company Accounts - https://www.youtube.com/playlist?list=PLnkZZQxcaXmpfBthIr59PAyYK_s6KbPR9 Company Reissue of Shares | Company Accounts - https://www.youtube.com/playlist?list=PLnkZZQxcaXmrDmqr9KVd3G9BjEPAYbDwy Issue of Debentures | Company Accounts - https://www.youtube.com/playlist?list=PLnkZZQxcaXmr_2z9_h4IOgYWPY6Th4ZSu Partnership Account | Admission of a Partner | Retirement and Death of a Partner | Dissolution of a Partnership Firm - https://www.youtube.com/playlist?list=PLnkZZQxcaXmrXUZ-Cy7eQim78y8Q6Lffi Admission of a Partner With 51 Solved Sums - https://www.youtube.com/playlist?list=PLnkZZQxcaXmrVPQXLgqrsaDYwIuSMva1T RETIREMENT OF A PARTNER AND DEATH OF A PARTNER WITH SOLVED SUMS - https://www.youtube.com/playlist?list=PLnkZZQxcaXmo183IkGRzlEwCNJIjH70PZ DEPRECIATION ACCOUNTING - https://www.youtube.com/playlist?list=PLnkZZQxcaXmoFsSqz-UcjKSq2GrHXrMAM Follow us - https://www.facebook.com/raghunathjaiswal Do watch our other channels too- GyankakshTv - https://www.youtube.com/channel/UCetNwLf7pJVvjGE1rTrCCiA The YouTubers - https://www.youtube.com/channel/UCASrdJkuDp0wPcTheG4YW8Q Born Hungry - https://www.youtube.com/channel/UCc6H0LA6vLzD-uIWsmiaFXw Artistree World - https://www.youtube.com/channel/UCD1_UOPlJ_RzrcwaOJJB3pw Music - www.bensound.com Buy Breakup it's not an end... (A Romance Fiction Book) Click here - http://www.infibeam.com/Books/breakup-its-not-end-raghunath-jaiswal/9789383562367.html
Making the House a Home: The Stimulative Effect of Home Purchases on Consumption and Investment
 
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2017 Rena Sivitanidou Annual Research Symposium Session 5 Presenter: Brian Melzer, Kellog School of Business, Federal Reserve Bank of Chicago Discussant: Barney Hartman, UCLA We introduce and quantify a new channel through which the housing market affects household spending: the home purchase channel. Using an event-study design with data from the Consumer Expenditure Survey, we show that households spend on average $3,700 more in the months before and the first year following a home purchase. This spending is concentrated in the home- related durables and home improvements sectors, which are complementary to the purchase of the house. Expenditures on nondurables and durables unrelated to the home remain unchanged or decrease modestly. We estimate that the home purchase channel played a substantial role in the Great Recession, accounting for one-third of the decline in home-related durables spending and a fifth of the decline in home maintenance and investment spending from 2005 to 2010, together totaling $14.3 billion annually. The 2017 Rena Sivitanidou Annual Research Symposium features a panel of leading scholars in real estate economics drawn from academic institutions. The Lusk Center welcomes scholars from the University of Wisconsin, University of Illinois, New York University, Northwestern University, University of Toronto, UCLA, and the University of Southern California. These academics share their recent findings and opinions on real estate finance and the role of banks and securitization markets; how people form their beliefs about housing market and the impact of those beliefs on housing markets. Hosted by the USC Lusk Center for Real Estate
Views: 47 USC Price
How to Play: Purchase and Pay, The Expenditure Cycle Way
 
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A Short Guide to Help you understand the Expenditure Cycle Made by Student of Ateneo de Davao University in partial fulfillment of their project in Accounting Information System(AIS)
Views: 180 Dexter Val Alonday
Revenue Expenditure as Capital Expenditure
 
02:46
Revenue Expenditure as Capital Expenditure Legal Expenses: Legal expenses incurred in connection with purchase of fixed assets (like registration charges of land, building, motor car etc). Repairs: Second hand plant is purchased and immediate repairs are made to bring it in working order. Such repair become capital expenditure and is added to the plant as part of its cost. Wages: Wages Paid to workers to erect and install / construct new machinery or any other fixed asset is capital expenditure and should be treated as the part of cost of the asset. Transport Expenses: Expenses Incurred for transporting any fixed asset is added to the cost of acquisition of the fixed asset. Interest on capital: During construction work, Interest paid on money borrowed for the capital project may be added to the cost of project, in some specific cases. Raw Material and stores: Materials Consumed for making of a fixed asset, is treated as a part of the cost of the asset. Development Expenses: Initial phase development expenses (e.g. development of land and tea plants, projects of long gestation period etc.) may be treated as ‘Capital Expenses’.
Views: 48 Sikshayati
MPC and multiplier | Macroeconomics | Khan Academy
 
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Introduction to the marginal propensity to consume and the multiplier Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/macroeconomics/income-and-expenditure-topic/MPC-tutorial/v/mathy-version-of-mpc-and-multiplier-optional?utm_source=YT&utm_medium=Desc&utm_campaign=macroeconomics Missed the previous lesson? https://www.khanacademy.org/economics-finance-domain/macroeconomics/monetary-system-topic/interest-price-of-money-tutorial/v/money-supply-and-demand-impacting-interest-rates?utm_source=YT&utm_medium=Desc&utm_campaign=macroeconomics Macroeconomics on Khan Academy: Topics covered in a traditional college level introductory macroeconomics course About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content. For free. For everyone. Forever. #YouCanLearnAnything Subscribe to Khan Academy's Macroeconomics channel: https://www.youtube.com/channel/UCBytY7pnP0GAHB3C8vDeXvg Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy
Views: 311031 Khan Academy
GST EXPENSES ENTRIES UNDER RCM METHOD IN TALLY
 
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This video covers the topic GST Expenses Accounting Entries for Indirect Expenses Direct Expenses, Purchase Goods, Such as GTA Expenses, Stationery Expenses, Transportation Charges, Rent for Building, expenses in gst with tally erp 9. Learn How to pass all expenses entries in tally and how to get input credit under RCM Method of GST, How to Pay Tax to Government. Lern GST Accounting Entries for Reverse Charge on Expenses Paid to Unregistered Dealer in
Views: 912078 TALLY ONLINE CLASS
PAC probes army expenditure
 
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http://www.ntvuganda.co.ug The parliamentary oversight Public Accounts Committee wants the government to account for the 1.7 billion trillion shillings purchase of fighter jets and other military hardware.
Views: 682 NTVUganda
Basic Accounting Terms (Video-16) What is  Deferred Revenue Expenditure?
 
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Please call @ 9999997086 To Buy Full Course Lectures CA/ CS/ CMA/ B.Com in Pen drive / Download link mode. The best video on Deferred Revenue Expenditure
Views: 38219 SUDHIR SACHDEVA
Private client compass | UK residents’ allowances
 
01:47
The two largest expenses of a buy to let business are capital expenditure and the interest deduction. At RSM we can advise you on the most tax efficient arrangements to help you finance and structure the purchase of a property and help you evaluate your existing portfolio. Find more information here: http://bit.ly/2TjFkmq Subscribe to our channel: http://bit.ly/2HxsbV4   Follow us on social:   Linkedin - http://bit.ly/2JqgkKg Twitter - http://bit.ly/1qILii3 Instagram - http://bit.ly/2W60CWm
Views: 124 RSM UK
How to Interface Expenditure to Projects in Oracle Project Costing
 
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Course Name = R12i Oracle Costing Fundamentals Course Link = http://aclnz.com/guruPrograms/23-comingup/54-pjc/view/758?task=view Instructor = Kabeer Khan, ex-Oracle, New Zealand Website = http://www.aclnz.com Learning Objectives =================== By the end of this course you will be able to learn following topics: --Overview of the Oracle Enterprise Project Management Solution --Introduction to Oracle Project Costing --Overview of Costs --Overview of Expenditures --Defining Projects for Costing --Defining Project Budget --Integration with Oracle Time & Labor --Integration with Oracle Internet Expenses --Integration with Account Payables for Expense Reports --Entering Expenditures and integration with iProcurement and Purchasing --Integration with Account Payables for Expenditures --Integration with Oracle Inventory for Material Issues --Labor Cross Charge and Intercompany Invoicing in Oracle Projects --Process Costs and Generate Accounting Accounting --Generate Project Accounting, Revenue and Customer Invoice Keywords Oracle Projects Fundamentals Oracle Project Costing Fundamentals Oracle Project Billing Fundamentals Oracle Project Resource Management Fundamentals Oracle Project Management Fundamentals Oracle Project Portfolio Analysis Fundamentals Oracle Project Manufacturing Fundamentals Oracle Project Contracts Fundamentals Oracle Projects Training Oracle Project Costing Training Oracle Project Billing Training Oracle Project Resource Management Training Oracle Project Management Training Oracle Project Portfolio Analysis Training Oracle Project Manufacturing Training Oracle Project Contracts Training
Views: 5836 aclnz
How to Calculate Monthly Spending Analysis | New To Budgeting Tips
 
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This spend analysis video shows how to do spend analysis in less than 10 minutes. When you are new to budgeting it is really hard to come up with how much you need to allocate for each category. I highly recommend looking at your bank statements for 3-4 months and doing a spending analysis. In this video I walk you through step by step of how to do a spending analysis and show you my real numbers. Some questions that I commonly get are: -How do I know how much to allocate for each category? -How much should I be spending for groceries? -How do I know if I am overspending? -What am I really spending? -Did I really spend that much money this month eating out? How to make Homemade Almond Milk: https://www.youtube.com/watch?v=cATSTZz0BMw How To Only Spend $100 On Groceries A Month: https://www.youtube.com/playlist?list=PLpgLsNKlKGi5hU_EPegFZeSMAOIStStR1 Meal Prep videos: https://www.youtube.com/playlist?list=PLpgLsNKlKGi5fDcUyMeJGgHqCdIBRYpZN Grocery Hauls: https://www.youtube.com/playlist?list=PLpgLsNKlKGi7WeVvByPT1sCba1rxxHFRT Monthly Budget Report Cards: https://www.youtube.com/playlist?list=PLpgLsNKlKGi4ZkHEg4KPwE7TedpH3qgbH Financial videos: https://www.youtube.com/playlist?list=PLpgLsNKlKGi7pERvawWpeRZ-0_GRyRE_1 I'M DEBT FREE!: https://www.youtube.com/watch?v=zdJaGlfQqIs How To Find Workout Clothes On A Budget COLLAB!: https://www.youtube.com/watch?v=AX8upqZgszg My Favorite Weight Watcher Foods on a Budget with Smart Points!: https://www.youtube.com/watch?v=oFjZAMchpGE Snail Mail: Kelly - Freedom In A Budget PO Box 123 Deerfield Beach, FL 33443 Products and services I love and recommend: Capitol One 360: https://r.capitalone360.com/jivLDNVfSk Ibotta: https://ibotta.com/r/suwetiv Amazon Prime 30-Day Free Trial: https://www.amazon.com/tryprimefree?ref_=assoc_tag_ph_1427739975520&_encoding=UTF8&camp=1789&creative=9325&linkCode=pf4&tag=freedominabud-20&linkId=7366717a11f31b6e8fb10318914845eb Amazon Kindle Unlimited 30-Day Free Trial: https://www.amazon.com/gp/kindle/ku/sign-up?ie=UTF8&*Version*=1&*entries*=0&ref_=assoc_tag_ph_1454291293420&_encoding=UTF8&camp=1789&creative=9325&linkCode=pf4&tag=freedominabud-20&linkId=208cae98536cde3b862e8f930e15d8e3 SavvyCents Wallet: http://amzn.to/2dImsdt Email: [email protected] Facebook: facebook.com/freedominabudget Instagram: @freedominabudget Twitter: @FreedomInABdgt Pinterest: @FreedomInABdgt I feel so blessed to share with you all here on YouTube. This video may contain links to affiliate programs. If you click on the link and make a purchase I will receive a small percentage of that sale at NO extra charge to you. However, you are under no obligation to buy anything I ever mention in a video. Sometimes I am lucky enough to have products sent to me for review. If I partner with a company I will always disclose it here. All opinions and reviews that I share are and always will be my own I will only share products that I myself would buy. Thank you for watching! Freedom In A Budget
Views: 7101 Freedom In A Budget
Highlights: The Stimulative Effect of Home Purchases on Consumption and Investment
 
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Highlights from Brian Melzer's presentation at the 2017 Rena Sivitanidou Annual Research Symposium. Watch the full version here: https://youtu.be/lF2BEBhjHZY Session 5 Presenter: Brian Melzer, Kellog School of Business, Federal Reserve Bank of Chicago Discussant: Barney Hartman, UCLA We introduce and quantify a new channel through which the housing market affects household spending: the home purchase channel. Using an event-study design with data from the Consumer Expenditure Survey, we show that households spend on average $3,700 more in the months before and the first year following a home purchase. This spending is concentrated in the home- related durables and home improvements sectors, which are complementary to the purchase of the house. Expenditures on nondurables and durables unrelated to the home remain unchanged or decrease modestly. We estimate that the home purchase channel played a substantial role in the Great Recession, accounting for one-third of the decline in home-related durables spending and a fifth of the decline in home maintenance and investment spending from 2005 to 2010, together totaling $14.3 billion annually. The 2017 Rena Sivitanidou Annual Research Symposium features a panel of leading scholars in real estate economics drawn from academic institutions. The Lusk Center welcomes scholars from the University of Wisconsin, University of Illinois, New York University, Northwestern University, University of Toronto, UCLA, and the University of Southern California. These academics share their recent findings and opinions on real estate finance and the role of banks and securitization markets; how people form their beliefs about housing market and the impact of those beliefs on housing markets. Hosted by the USC Lusk Center for Real Estate
Views: 14 USC Price
A Story About Spending Wisely | Kids & Money | Channel NewsAsia Connect
 
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Subscribe to Channel NewsAsia Connect: http://cna.asia/cnaconnect It's important to teach children smart spending habits early on in their lives. "The Hen Who Wanted To Be Pink" is a story for 6 to 10-year-olds to help them understand the value of wise spending. About The Series: When it comes to teaching children about money, the earlier the better, according to financial experts. Children also learn best through stories and examples. This series of illustrated stories help young kids understand simple money concepts, like earning, saving, spending, borrowing and scams.
Views: 105456 CNA Insider
SPRING SPREE — spending patterns in spain during easter 2011
 
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SPRING SPREE — spending patterns in spain during easter 2011 by MIT Senseable City Lab with BBVA Using a network orientated approach, the Senseable City Lab alongside BBVA has embarked on an examination of expenditure patterns and urban dynamics at large, using an unprecedented dataset of financial transactions. The first in a series of studies, Financial footprints: Transactions in Real Time illustrates the purchasing patterns across Spain during Easter 2011. Using data gathered by the BBVA banking network of over 4 million transactions, this visualization shows how 1.4 million individuals and 374,220 businesses spent €232 Million in the week of Easter. Examining the spatio-temporal character of transactions categorized by the type of sale (e.g. food, fashion, restaurants), it is possible to see distinctive patterns emerging such as the spikes in the purchase of food in the days proceeding the Easter holiday. As Easter 2012 approaches will these spending patterns be replicated? If so, can we use this predictability to improve urban services and better serve city dwellers? As this partnership continues, research will delve into the underlying drivers of consumer behavior, risk analysis of individuals and businesses, and how we can better understand the city environment based upon the digital footprints left behind by its inhabitants. MIT SENSEable City Lab Team Carlo Ratti, Director; Assaf Biderman, Assoc. Director; Riccardo Campari; Pedro Cruz; Stanislav Sobolevsky; Pablo Villegas; Prudence Robinson; Otto Ng BBVA Team Elena Alfaro; Javier López; Marcelo Soria
Views: 12748 MIT Senseable City Lab
CAPITAL AND REVENUE EXPENDITURE & RECEIPTS ACCOUNTANCY CPT,BBA,CS,BCOM,ICWA YEAR SOLVE ,COMPLETE
 
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CAPITAL AND REVENUE EXPENDITURE & RECEIPTS ACCOUNTANCY CPT,BBA,CS,BCOM,ICWA YEAR SOLVE ,COMPLETE SOLUTION AND NOTES VISIT OUR WEBSITE https://www.souravsirclasses.com/ FOR COMPLETE LECTURES / STUDY MATERIALS /NOTES /GUIDENCE / PAST YEAR SOLVED +SAMPLE PAPAERS /TRICKS /MCQ / SHORT CUT/ VIDEO LECTURES /LIVE + ONLINE CLASSES GIVE US A CALL / WHATSAPP AT 9836793076 Also find us at…. BLOGSPOT http://souravdas3366.blogspot.com/ SLIDES ON COURSES https://www.slideshare.net/Souravdas31 TWITTER https://twitter.com/souravdas3366 FACEBOOK https://www.facebook.com/Sourav-Sirs LINKED IN https://www.linkedin.com/in/sourav-da GOOGLE PLUS https://plus.google.com/+souravdassou CA CPT Exam Pattern 2017 CA CPT Question paper will be divided into four parts i.e. Part 1 - Fundamentals of Accounting and Mercantile Laws, Part 2 - Mercantile Laws, Part 3 - General Economics and Part 4 - Quantitative Aptitude. The test for two parts will be taken in the first session and test for other two will be taken in the second session. Thus, there will be two question papers which have to be attempted by the candidates in two sessions on the same day. The question paper carries 200 objective type questions for a total of 200 marks For every wrong answer, 0.25 marks will be deducted from the maximum obtained. The Institute of Chartered Accountants of India (ICAI) is the national professional accounting body of India. It was established on 1 July 1949 as a statutory body under the Chartered Accountants Act, 1949 enacted by the Parliament (acting as the provisional Parliament of India) to regulate the profession of Chartered Accountancy in India. ICAI is the second largest professional Accounting & Finance body in the world in terms of membership, after American Institute of Certified Public Accountants. ICAI is the only licensing cum regulating body of the financial audit and accountancy profession in India. It recommends the accounting standards to be followed by companies in India to National Advisory Committee on Accounting Standards (NACAS). and sets the accounting standards to be followed by other types of organisations. CAPITAL AND REVENUE EXPENDITURES & RECEIPTS The distinction of transactions between Capital and Revenue is done to place them in Profit & Loss A/c or Balance Sheet. Revenue Expenditure relates to the operations of the business of an accounting period or to the revenue earned during the period or the items of expenditure, the benefit of which do not extend beyond that period. They are debited to Profit & Loss A/c. Capital Expenditure is incurred to contribute to the earning capacity of a business over a period of more than one accounting period. Capital Expenditure is shown in the Balance Sheet as an Asset and is transferred to the Profit & Loss A/c on the basis of the benefit utilized in a particular year. Deferred Revenue Expenditure is an expenditure which is by nature a revenue expenditure from which benefits are expected in more than one accounting period. For example heavy advertising campaign from which benefit is expected in more than one accounting period is deferred revenue expenditure. This expenditure is written off over a period of 2-3 years. Revenue Receipts are those receipts which are obtained in the normal course of business like from sale of goods, interest and commission etc. They are credited to Profit & Loss A/c. Capital Receipts are those receipts which are not of revenue in nature like receipts on account of sale of machinery or loans and contributions by owners. The above principles are used to determine whether an expense or receipt is of revenue or capital nature irrespective of the nature of the organisation. 1. Purchase of computers for office use: It is a capital expenditure because the benefit from computers is to be derived for more than one year. 2. Benefits and expenses of a show: Both expenses incurred and income from hosting a show are of revenue nature. This is so because hosting shows is a part of the activities of the organisations. 3. Annual white washing & painting expenses to building: This is again a revenue expendidture because this expenses is incurred every year to keep the building in good condition and this does not increases the earning capacity of the building in any way. 4. Donations for construction of building: This is a capital receipt because this money cannot be used to meet day to day expenses of the organisation. This money can be used only to construct a building (Asset). 5. Annual maintenance grant received from Government: This is a revenue receipt because this grant is being received from Government to run day to day activities of the organisation.
Views: 1439 SOURAV SIR'S CLASSES
किन खर्चो पर देना होगा GST? | Expenses on which ITC not allowed | Expenses exempted from GST |
 
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For becoming our member, mail us [email protected] Know which expenses are exempt from GST Applicabilty, expenses on which GST is applicable but no input tax credit on those expenses, and also know the rates of general expenses done throughout the day under GST. किन खर्चो पर देना होगा GST? Treatments of the expenses made to unregistered person in gst Know implication of GST rates on Advertisments, Bank Charges, Works Contract services, Vehicle maintenance, Loading and Unloading Expenses, Mobile expenses, Rent paid, Printing and Stationary, Sales Promotion expenses, Property Tax etc. ----------------------------------------------------------------------------------------------------- Like, Share, Comment, Subscribe, and don’t forget to press the bell icon to get instant notification on our videos. Also watch our videos on: GST VIDEO SERIES: https://www.youtube.com/playlist?list=PL9SBNN0u_c-1veCL0kt_MuWwKpfFlGFx- INCOME TAX VIDEO SERIES: https://www.youtube.com/playlist?list=PL9SBNN0u_c-3k_viJdE0BCqSn3TqwwLRQ OTHER INFORMATIVE VIDEO: https://www.youtube.com/playlist?list=PL9SBNN0u_c-3veuQrnVK_AWFuqU34hOD4 MATOLIA ASSOCIATES TAX CONSULTANTS Connect with us on: Facebook: https://www.facebook.com/matolia.associates/ Instragram : https://www.instagram.com/matolia.associates/ Twitter : https://twitter.com/matoliatax Prahlad Rai Sharma Facebook: https://www.facebook.com/prahladraisharma63 ------------------------------------------------------------------------------------------------------------------------------------ DISCLAIMER This video is merely a general guide meant for learning purposes only. All the instructions, references, content or documents are for educational purposes only and do not constitute a legal advice. We do not accept any liabilities whatsoever for any losses caused directly or indirectly by the use/reliance of any information contained in this video or for any conclusion of the information. Prior to acting upon this video, you're suggested to seek the advice of your financial, legal, tax or professional advisors as to the risks involved may be obtained and necessary due diligence, etc may be done at your end. ------------------------------------------------------------------------------------------------------------------------------------ #gst #goodsandservivestax #tax #incometax expenses under gst gst rate on expenses Expenses on which ITC not allowed expenses in gst gate rates on general expenses exempted expenses in gst expenses under rcm expenses made to unregistered person gst on rent paid gst on advertisement gst on loading unloading
Views: 136826 MATOLIA ASSOCIATES