Benefits of online Homework Help

Today is the age of globalization and  time is moving  fast with that there is big change in educational environment . In earlier days, students are wasted their time in library now time has been changed study approach has become more diverse. Today the practical knowledge is more important then theoretical knowledge .Now  new online tutoring technology has been developed

If you facing problem  in your homework you cannot go  for further  study or otherwise if you go for further study you may not understand the things.So that you need homework help .

Online homework help website provide you the best homework help in your particular subject .It can  enhance your career by providing all possible assistance your homework help. Because they have experienced and specialized expert in their particular subject

Benefits for online homework help and online tutoring:

It will save your time

you get expert help

Step by step solution of your problem

Instant reply for  your problem

Meeting the deadlines

unique accurate

error-free and update homework

If you have problem or facing the trouble in subject of Accounts, Finance or statics or financial accounting ,you can give your assignment to  the www.smartstudyhelp.com  .It the best homework help website for Accounts, Finance and Business study. The  experts working at smartstudyhelp are highly qualified and proficient in their subjects that can offer you the high-quality assignment help. Here are the subject for which you can ask for the online homework assignment help.

• Accounts
• Finance
• Corporate Finance
• Managerial Accounting
• Financial Accounting
• Economics
• Statistics

You can mail your problem to [email protected]

no one can stop you from grabbing maximum marks in examinations.

 

 

Views : 568

Cash flows  statement is part of a company’s set of financial statements, and is disclose the user about sources and uses of cash by a business. It presents information about cash generated from operations and the effects of various changes in the balance sheet on a company’s cash position.

There are two method of Cash Flow

(1) Direct Method of Cash Flow Statement

(2) Indirect Method of Cash Flow Statement

In any of this method ,Cash flow divided in main three part

1 Cash flow from Operating activity

2 Cash flow from Investing activity

3 Cash flow from Financing activity

Let us understand both the method in brief as follow

(1) Direct Method of Cash Flow Statement:The main benefit of this method is that,it reveals operating cash receipts and payments.This mehod ,presents the specific cash flows associated with items that affect cash flow. Items that typically do so include:

• Cash collected from customers
• Interest and dividends received
• Cash paid to employees
• Cash paid to suppliers
• Interest paid
• Income taxes paid

Format of Direct Method of Cash Flow Statement

ABC Company
Statement of Cash Flows
For the Years Ending December 31, 20xx
	20xx
Cash Flows from Operating Activities
Collections	xxx
Payments to Suppliers	xxx
Payments to Employees	xxx
Insurance Payments	xxx
Interest Payments	xxx
Other Source/(Uses) of Cash	xxx
Net Cash from Operating Activities	xxx
Cash Flows from Investing Activities
Increase in Marketable Securities	xxx
Sale of Fixed Assets	xxx
Purchase of New Equipment	xxx
Other	xxx
Net Cash Used for Investing Activities	xxx
Cash Flows from Financing Activities
Payment of Mortgage Principal	xxx
Transfer From/(To) Parent	xxx
Other	xxx
Net Cash from Financing Activities	xxx
NET INCREASE/(DECREASE) IN CASH	xxx
CASH, BEGINNING OF YEAR	Value
CASH, END OF YEAR	#VALUE!

(2) Indirect Method of Cash Flow Statement: This marhod is very popular, because the information  is relatively easily assembled from the accounts that a business normally maintains in its chart of accounts .In this method  the presentation begins with net income or loss, with subsequent additions to or deductions from that amount for non-cash revenue and expense items, resulting in net income provided by operating activities.

Format of Direct Method of Cash Flow Statement

ABC Company
Statement of Cash Flows
For the Years Ending December 31, 20xx
	2xxx
Cash Flows from Operating Activities
Net Income	xxx
Add Expenses Not Requiring Cash:
Depreciation	xxx
Amortization of Goodwill	xxx
Other	xxx
Other Adjustments:
Add Reduction in Accounts Receivable	xxx
Add Increase in Wages Payable	xxx
Add Increase in Accounts Payable	xxx
Subtract Decrease in Accounts Payable	xxx
Subtract Increase in Inventory	xxx
Subtract Increase in Prepaid Expenses	xxx
Other	xxx
Net Cash from Operating Activities	xxx
Cash Flows from Investing Activities
Increase in Marketable Securities	xxx
Sale of Fixed Assets	xxx
Purchase of New Equipment	xxx
Other	xxx
Net Cash Used for Investing Activities	xxx
Cash Flows from Financing Activities
Payment of Mortgage Principal	xxx
Transfer From/(To) Parent	xxx
Other	xxx
Net Cash from Financing Activities	xxx
NET INCREASE/(DECREASE) IN CASH	xxx
CASH, BEGINNING OF YEAR	Value
CASH, END OF YEAR	#VALUE!

Views : 885

 

Key to success-12 Quotes of chanakya

Chanakya was an Indian teacher, economist and philosopher  .He was jurist and royal adviser . He was very intelligent person, that  quotes he made before thousand of year ago , they still applicable today perfectly. Let us check out few of them

• “A person should not be too honest. Straight trees are cut first and honest people are hooked first. “

 

• “Once you start a working on something, don’t be afraid of failure and don’t abandon it. People who work sincerely are the happiest.”

 

• “Education is the best friend. An educated person is respected everywhere. Education beats the beauty and the youth.”

 

• “Books are as useful to a stupid person as a mirror is useful to a blind person.”

 

• “Never make friends with people who are above or below you in status. Such friendships will never give you any happiness.”

 

• “As soon as the fear approaches near, attack and destroy it.”

 

• “God is not present in idols. Your feelings are your god. The soul is your temple.”

 

• “Before you start some work, always ask yourself three questions – Why am I doing it, What the results might be and Will I be successful. Only when you think deeply and find satisfactory answers to these questions, go ahead.”

 

• “A man is great by deeds, not by birth.”

 

• “The world’s biggest power is the youth and beauty of a woman.”

 

• “The biggest Guru-mantra is” Never share your secrets with anybody. It will destroy you.”

 

• ” Even if a snake is not poisonous, it should pretend to be venomous”.

 

We are coming with many more quotes.

Views : 1509

Be  Successful

For getting success you need to raise your standards and avoid being a useless slob. The best way to get success is to force yourself to become conscious of your standards, and then to redefine them. There are many useless slob in this world so don’t be one of them. To become successful you need to raise your slandered

Check out following ways to get shiny side of your life

1 Raise your slandered

You need to write down your current standards. Always think about it and make best try to achieve it once you achieve those slandered .Make a slightly higher standard and feel these process continued

2 Increase your confidence by taking action.

Successful people are more confident   because success is just as dependent on confidence as it is on competence. Do not feel rejected if you do not have desired result instead of it you need to keep trying and do hard work and have confidence. Ultimately you will get success

3 Increase your skill

Always try to lean new and innovative things. Always get updated. A research shows that successful people excel in both cognitive ability and social skills

4 Come out of your Comfort Zone

Remember one thing that real magic is done out of your comfortzone.Those people can’t go outside because they are scared it’s not safe ,its not rewarding etc.But continually doing uncomfortable work  is a critical component of sucess.We know that It’s hard to change your ways or live life differently but I have already said that real magic is done out of your comfort zone

5 Make challenges as opportunity

Understand that failure is not dead end but always keep hoping and trying. Remember that there is always one door open when rest of door are closed. Always try to come out with  creative solutions in your problem

 

 

 

 

Views : 759

 Cost sheet Format

What is cost sheet: Cost Sheet is A statement which provides breakup of costs for a particular accounting period or for particular product.

First of we will look at the classification of Cost: Manufacturing

Basically cost of product  can classify in to  three elements

a) Materials b) Labor c) Expenses

Other way of classification of the cost

(1)    Product costs = costs of manufacturing our products; or

(2)   Period costs =costs other than product costs that are charged to, debited

(1)  The classification of Product costs

Direct costs

Indirect Costs

(2) The classification of Period Costs:

Administration Costs

Finance Costs

Basic format of cost sheet is as follow 

                                                                   COST SHEET – FORMAT

Particulars	Amount	Amount
Opening Stock of Raw Material Add: Purchase of Raw materials Add: Purchase Expenses Less: Closing stock of Raw Materials           Raw Materials Consumed Direct Wages (Labor) Direct Charges	*** *** *** *** *** *** ***
Prime cost (1)		***
Add :- Factory Over Heads: Factory Rent Factory Power Indirect Material Indirect Wages                                                  Supervisor Salary Drawing Office Salary Factory Insurance Factory Asset Depreciation	*** *** *** *** *** *** *** ***
Works cost Incurred		***
Add: Opening Stock of WIP Less: Closing Stock of WIP	*** ***
Works cost (2)		***
Add:- Administration Over Heads:- Office Rent Asset Depreciation General Charges Audit Fees Bank Charges Counting house Salary Other Office Expenses	*** *** *** *** *** *** ***
Cost of Production (3)		***
Add: Opening stock of Finished Goods Less: Closing stock of Finished Goods	*** ***
Cost of Goods Sold		***
Add:- Selling and Distribution OH:- Sales man Commission Sales man salary Traveling Expenses Advertisement Delivery man expenses Sales Tax Bad Debts	*** *** *** *** *** *** ***
Cost of Sales (5)		***
Profit (balancing figure)		***
Sales		***

 

 

 

 

Views : 1119