Thursday, January 30, 2020

Basic Accounting Assignment Essay Example for Free

Basic Accounting Assignment Essay Generally Accepted   Principles, Balance sheet, Accounts receivable, Income statement, Debt, Liability, Double-entry bookkeeping system, Accounts payable 1- Explain the collecting, recording, classifying, summarizing, analyzing and reporting process of accounting. Collecting:- Data obtained from various sources with the help of appropriate measures is called collection of data. Recording:- Arranging the data into its chronological form is called recording of data. Classifying:- Division of data according to nature of events is called classification of data. Ledger is used for classifying transactions Posting is the process of transferring transactions from journal to ledger. Summarizing:- This involves presenting the classified data in a manner which is understandable and useful to the management and other interested parties. Follow statements are prepared:- Income statement Balance Sheet Cash flow statement Analyzing:- The comparison of data in a business is called analyzing of data. For example, analyzing of present data with past data, or actual data with projected data. Reporting:- Forwarding the results to financial users like chairman, directors, managers etc. is called reporting of data. Discuss in detail the nature of accounts i. e. assets, expenses, liabilities, revenues and capital by giving examples. Assets:- The resources of a business are called assets. They are of two types:- Fixed Assets: Land, Building, Equipment, Vehicle etc. Current Assets: Cash, cash at bank, A/c receivable, debtors, prepaid expenses. Expenses:- The amount spent in a business with a view to gain profit in the future is called expense. Examples are rent expen ses, salaries expenses, advertisement expenses etc. Liabilities:- The financial responsibilities of the business for which it is liable are called liabilities. They are divided into two types:- Fixed Liabilities (Bank Loan, Bonds Payable, Mortgage Payable. ) Current Liabilities (Notes Payable, Unearned Income, Creditors. ) Capital:- The amount of money invested by the owner in the business is called capital. Revenue:- The incomes and the profits earned in the business through selling are called revenues. For example, Sales, Service revenue, Interest, commission earned. Drawings:- The amount of money taken away by the proprietor for personal benefits is called Drawings. 3- Describe the accounting rule of debit and credit for accounts like assets, expenses, liabilities, revenues and capital. Assets Increase in Asset is debit. Decrease in Asset is credit. Liabilities Increase in liabilities is credit. Decrease in liabilities is debit. Revenues Increase in revenues is credit. Decrease in revenues is debit. Expenses Increase in expense is debit. Decrease in expense is credit. Capital Increase in capital is credit. Decrease in capital is debit. Select any twenty categories from the above and identify a transaction that will have the required effect on the business. 1- Purchased Goods on credit 25,000. 2- Gave services for cash 5,000. 3- Brought cash in business 65,000. 4- Adjusting entry of out standing salaries 9000. 5- Wages wrongly debited to Sales 400. 6- Salaries wrongly debited to Drawings 600. 7- Paid to accounts payable in cash 1500. 8- Good s returned by customer worth 650. 9- Withdrew cash for personal use 550

Wednesday, January 22, 2020

The Mogul Tale and the Little Theater in Haymarket Essay -- Mogul Tale

The Mogul Tale and the Little Theater in Haymarket The Little Theater in Haymarket was one of the more prominent venues in London during the latter half of the 18th century. Built and opened in 1720, the â€Å"Little† Theater, so it was called to distinguish it from the larger King’s opera house located nearby, was originally designated as a playhouse for French performers.2 Its proprietor John Potter obtained permission for its construction from the Lord Chamberlain Thomas Pelham with the help of the influential Duke of Montagu.1 True to its name the Little Theater’s original measurements were 48 feet wide and 136 feet long. It was reported to be at least three stories, with a basement, a gallery and several small shops in the front of the building.1 The seating arrangement, like most theaters during this time, consisted of long benches with no backs.2 Because of this the Little Theater could seat anywhere from 600 to almost 1500 patrons.1 Performance during the hot summer months required that their be a ventilation system to allow fresh air into the theater.2 Unlike other theaters in London, the Little Theater was not adorned with elaborately painted ceilings or walls.2 The Little Theater would undergo many changes during its hundred years as an entertainment venue, including three remodeling projects between 1739 and 1760 and an almost complete rebuilding in 1767.1 To better understand the success of the Little Theater, an overview of the summer theatrical seasons that began in the Restoration period is necessary. Before the Interregnum period in England, theaters in London operated nearly year round, and did not specify the â€Å"summer season† as a separate part of the theatrical year.1 When Charles II reinstate... ... lost some of its popularity due to some tensions between the members of the company that had affected performance.1 Colman decided to separate himself altogether from the Haymarket Company, and in 1820 the Little Theater was abandoned for the company’s new location at what is now the present day Theatre Royal, Haymarket. The last performance held at the Little Theater was on October 14, 1820.1    Notes 1. Burling, William J. Summer Theatre in London, 1661-1820, and the Rise of the Haymarket Theater. (New Jersey: Associated University Press, 2000), 21-215.    2. Hogan, Charles Beecher. The London Stage, 1776-1800: A Critical Introduction. (Illinois: Southern Illinois University Press, 1968), xliii, xlvii.    3. Stephen, Leslie and Sidney Lee, eds. The Dictionary of National Biography. (London: Oxford University Press, 1921), 424.

Tuesday, January 14, 2020

Pygmalion: the Play and Higgins Essay

Pygmalion is a primarily Shavian reworking of Ovid’s Metamorphoses with undertones of Cinderella. Romance and satire dominate both the play’s plot as well as style. Shaw takes a strong central situation–the transformation of a common flower girl into a lady–and surrounds it with superficial trimmings. There is technical innovation in the plot structure since Shaw, under the influence of Ibsen, replaces the stock Victorian formula of exposition, situation and unraveling with exposition, situation and discussion. The plot thus has three distinct stages of development. In the first stage Professor Henry Higgins, who is an expert in phonetics, transforms a common flower girl into an artificial replica of a lady by teaching her how to speak correctly. Prior to this Eliza’s life has been miserable. As a poor flower girl she coaxes money out of prospective customers and is thrilled when she suddenly receives a handful of coins that Higgins throws into her basket. She lacks the capacity to express her feelings articulately and an indiscriminate sound of vowels â€Å"Ah – ah – ow – ow – oo† serves to connote a multitude of emotions ranging from pain, wonder, and fear to delight. However she is not entirely depraved and is at least self-reliant enough to earn her own livelihood by selling flowers. In Act Two Eliza arrives at Higgins’ laboratory at Wimpole Street and haughtily demands that Higgins teach her to speak correctly so that she can become a lady in a flower shop. This desire for financial security and social respectability constitutes a step forward in her larger quest for self- realization. For Higgins Eliza is simply a phonetic experiment, a view that dehumanizes her and results in the creation of an artificial automaton-like replica of a lady. In the second stage of the play the audience encounters an Eliza who has become an artificial duchess. She is no longer a flower girl but is not quite a lady. During Mrs. Higgins’ at-home she proceeds to deliver Lisson Grove gossip with an upper class accent. She is nothing more than a live doll and there is an element of crudity in her parrot-like conversation. The mask of gentility that she wears only partially hides her low class background. Shaw demonstrates here that having fine clothes and the right accent are not enough to make a lady. The fact that the Eynsford-Hills fail to see through her facade implies that they too do not possess true gentility. By the time that Eliza returns after her triumphant society appearance at the Ambassador’s ball, she no longer exhibits this element of crudity. She has benefited from Higgins’s lessons in achieving social poise and has acquired the ability to articulate her thoughts and feelings. She has begun to think for herself and is capable of manipulating any situation to her advantage. The play enters into the third phase of development in Act Four. Eliza now encounters the great moment of truth and reality of her situation. Her education has created in her an intense dissatisfaction with the old way of life and she is not exactly pleased about the avenues open to her as a lady. She realizes that her social acquisitions do not enable her to fulfill her aspirations or even earn a living. She becomes aware of the wide disparity between her desires and the inadequacy of the means for fulfilling them. She repudiates Higgins’ suggestion that she could marry a wealthy husband and wryly comments that earlier â€Å"I sold flowers, I didn’t sell myself† while now that she has been made a lady she isn’t fit to sell anything. She has thrown away her mask and reveals a newfound maturity. She throws Higgins’ slippers at him and thereby breaks free from a life of subjugation and dependence. Critics feel that at this point the play enters into a period of calm and the main impetus of the action dissipates. Eliza’s society appearance has been a tremendous success and after the climatic encounter between Higgins and Eliza in Act Four the dramatic tension disappears. Eliza runs away to Mrs. Higgins and the only issue left is the resolution of her relationship with Higgins. The readers have to agree that the main impetus of the action has disappeared since all the preceding acts had been gearing up for the crucial moment of Eliza’s test. Now Alfred Doolittle’s strategic second appearance performs a resuscitating act for the play in its dying stage. Doolittle’s transformation from a dustman to a gentleman also provides an ironic comment on Eliza’s metamorphosis. After this brief spirit of energy the action returns to the issue at hand – the relationship between Eliza and Higgins. Eliza has developed into a self-sufficient woman and has become a perfect match for Higgins. She has garnered the requisite strength of character and maturity of thought to face life courageously. Gentility has become an integral aspect of her personality. No longer afraid of Higgins, she treats him as an equal. She negates his role in her transformation and insists that it was the Colonel’s generosity and courteous behavior, which truly made her a lady. She rejects Higgins’ proposal that he, she and Pickering live together like old bachelor friends and astounds him by announcing that she will marry Freddy instead and support him by offering herself as an assistant to Nepommuck. Higgins, although hurt at Eliza’s suggestion of assisting the detestable Nepommuck, is nevertheless happy that Eliza is no longer a whining helpless creature but a tower of strength and a woman at last. The play concludes on an uncertain note and the readers do not know whether she might indeed marry Higgins. This reflects Shaw’s inherent distaste for finality. In the majority of his plays the issues and conflicts they deal with are never quite resolved and the audience is left wondering about what will happen after the curtain falls. However Shaw realizing the importance of an ending does provide a resolution in the epilogue. The dramalies neither in the conflict, nor in the discussion or the exposition. The conflict itself arises over the issue of the resolution of the problem. Unless there is a resolution, there is no drama, for the action remains incomplete. Action always has to be completed either comically or tragically. Hence in the epilogue, Shaw resolves the issue by making Eliza marry Freddy Hill. It was typical of Shaw to have provided such an anti-romantic conclusion to the play. Many commentators accuse Shaw of deliberately twisting the natural end of Pygmalion merely to make the play unromantic. But critics would do well to remember that the actual point of ending is not the issue of Eliza’s marriage but her achievement of liberty. While throughout the play Higgins boasts of having transformed a common flower girl into a duchess, after Eliza’s climactic assertion of independence from his domination he remarks, â€Å"I said I’d make a woman of you; and I have. † In this perspective the original ambiguous ending seems preferable to the neat resolution given in the epilogue.

Monday, January 6, 2020

Edgar Allan Poe1 Essay - 2429 Words

Edgar Allan Poe1 In every story conceived from the mind of Edgar Allan Poe, a scent of his essence had been molded into each to leave the reader with a better understanding of Poe’s life. Poe displayed his greatest life’s achievements and his worst disappointments in a series of stories created throughout his whole life. It is the goal of this research paper to reveal symbolic facts about his life and define these hidden maxims in a way that is easy to understand and beneficial to the reader. Edgar Allan Poe was born on January 19th, 1809 in Boston, Massachusetts (â€Å"Poe, Edgar Allan,† Encyclopedia Britannica 540). Poe’s parents were David Poe, an actor based in Baltimore and Elizabeth Arnold Poe, an actress born in England, also†¦show more content†¦When he arrived at the party, he learned that it was Elmira’s engagement party, striking a dramatic blow to Poe’s heart (540). After John Allan and Poe had their quarrels over Poeà ¢â‚¬â„¢s gambling addiction, he joined the army under the alias of â€Å"Edgar Allan Perry† (â€Å"Poe, Edgar Allan,† Encyclopedia Britannica 540). In 1829, Poe was honorably discharged, but not before attaining the rank of Sergeant Major (540). A year later, John Allan scheduled an appointment for Poe with the West Point U.S. Military Academy (540). Poe had not been in the academy for a year when he was dismissed from West Point. It was after his military career when Poe starting to become a successful writer of poetry and short stories. In 1831, Poems included three of his greatest works: â€Å"To Helen,† â€Å"The City in the Sea,† and â€Å"Israfel† (â€Å"Poe, Edgar Allan,† World Book Encyclopedia 591). When his poems failed to reach recognition, Poe began to write short stories such as â€Å"MS. Found in a Bottle† in 1833 (591). It was around this time when he married his fourteen-year old cousin, Virginia Clemm, who was a very influential character in Poe’s later works (591). In 1840, Poe published a collection of his first twenty-five stories called Tales of the Grotesque and Arabesque (â€Å"Poe, Edgar Allan,† World Book Encyclopedia 591). Even when this collection failed to sale or gain recognition,Show MoreRelatedThe Cask Of Amontillado By Edgar Allan Poe993 Words   |  4 PagesEdgar Allan Poe was born in Boston, Massachusetts, then moved to Richmond, Virginia at the age of three after his parents died. He was raised as a foster child by John and Frances Allan. Growing up he did very well in primary school, and attended one year at the University of Virginia until he was no longer able to pay for it (Poets.org). Poe is one of the most well-known writers in American history and authored many famous poems and short stories. One of Poe’s most famous short stories is The CaskRead MoreThe Tell Tale Heart And The Black Cat By Edgar Allan Poe788 Words   |  4 Pages In the short stories â€Å"The Tell-Tale Heart† and â€Å"The Black Cat†, the author, Edgar Allan Poe uses imagery and character detail to create a frightening mood. â€Å"The Tell-Tale Heart† features an insane and easily irritable Nameless Narrator who plots the murder of his dear friend, simply because the look of his eye bothers him. After successfully taking the life of his friend, the Nameless Narrator proceeds to hide the body in floor of the dead man’s home, and then confess to killing him, resulting