The Crucible (Abigial Williams) essays

The Crucible (Abigial Williams) articles Arthur Miller's play, The Crucible, is about the oppression of individuals being erroneously blamed for being witches in Salem, Massachusetts, in 1692. Numerous individuals bite the dust in the town after a progression of untruths and malice rehearses. Abigail Williams, in the wake of having had an unsanctioned romance with John Proctor, who is a hitched man, starts this pattern of falsehoods what's more, allegations trying to get her darling back. Her character incorporates both predominance and disdain all through the whole novel, and is appeared The creator shows Abigail's predominance as disarray from the earliest starting point. At the point when the entirety of the discussion about black magic difficulties her uncle, Abigail figures she ought to be the power. Abigail likewise considers herself better than the locals of Barbados. At the point when her uncle talks about her work for the Proctors, she says that they need slaves, not, for example, I. Let them send to Barbados for any of them! She is preferential against these individuals and her comments uncover her self importance. At long last, Abigail's pretentious character is obvious through her announcements to John Delegate about his significant other Elizabeth. She says, Goodness, I marval how such a tough man [can be with] such a debilitated spouse. Abigail clearly appreciates herself. She accepts she is deserving of Proctor's affection, however Elizabeth isn't. Abigail shows a character of predominance by her legitimate, partial, and pretentious comments. Of the significant characters, Abigail is the least intricate. She is unmistakably the antagonist of the play, more so than Parris or Danforth. She lies, controls her companions and the whole town, and in the end sends nineteen honest individuals to their demises. All through the madness, Abigail's inspirations never appear to be more complex than straightforward envy and a craving to have retribution on Elizabeth Proctor. Abigail appears to just be driven by sexual want and a desire for power. Abigail is a vagrant and an unmarried young lady. This could be the reason she ... <!

The darkness beckoned Essay Example

The murkiness enticed Essay He gazed out of the window. The trees tangoed to the delicate tune of the breeze. The branches influenced enticingly such that lone a sexual paunch artist could copy. His eyes were held by the branch, transfixed, entranced. At that point, he shook his head and his eyes kept on wandering over the barren, thick mass his mom called a nursery. An owl hooted out yonder, however he didnt mix. The dour state of mind of the night inundated him, subjugated him. He couldnt break out, he didnt attempt. He was at that point losing the battlewhy attempt to win the war?It was an inquiry he constantly posed himself.Would it have been any unique on the off chance that he had remained on the chemotherapy?He didnt lament falling off the drug however he regreted the agony he was getting his mom through. His poor mother who had experienced so much as of now. That is the reason he had made this decision.He moaned and got some distance from the horrid scene at the window. He couldnt pull out at this point . He had come this far as of now. Backing down was impossible. He had composed a note for his mom, to clarify, and he had left notes for those of his companions who made a difference. Presently, all there was left to do was to hang tight for the morning to come.He lay his head down on the cushion and trusted that rest will encompass him.He rose promptly the following morning. This was itno turning around. He went to a mirror that hung over his end table and painstakingly took a gander at himself.He scarcely perceived the individual gazing back at him.What he saw was a face with red rimmed, empty, depressed eyes, and skin so pale a pale skinned person feline would have shone like a splendid luminescent light remained close to him. This was distinctive in contrast with the one that stood apart on a photograph on the highest point of his cabinet. It demonstrated him and his mother.They were happy.Carefree.But then such changed, and now he was stuck in a spot where he didnt need to be. He went to take a gander at the clock behind him. There was no opportunity to lose. He needed to be gone before his mom got up. He quickly checked out the room, ensuring that everything was set up, and afterward slid out the entryway, quietly closing it behind him.On his way down the foyer, he passed the entryway to this moms room. He needed to head inside and bid farewell yet he didnt. He must be solid. He needed to give up. He shut his eyes and with a murmur, strolled on. The idea of disregarding his mom horrible and filled him with a seething resentment, difficult to portray. Be that as it may, it must be finished. Minuscule pinpricks developed behind his eyelids. He could feel the hot flood of tears getting ready to eject. He quickly ran down the steps, cautious not to make any clamor, and in through the principal entryway that showed up to his left side. He leant back against the cool divider and took a profound breath.There was no time for tears now. He realized that in the ev ent that he began crying, hed most likely never stop and his mom made certain to discover him there. He needed to stay away from that event no matter what. He turned out of the room and ended up in the corridor once more.He saw the entryway before him and hesitantly strolled towards it, as though it were a three-headed snake. He discreetly turned the door handle and let out a heave as daylight spilled through the corridor. He immediately made a stride outside and shut the entryway behind him.This was it. He could never go to that house again.He strolled not far off and along the verge of the sea shore. It was a way he knew well indeed. He had gone along this way ordinarily when he was a young man with his mom and father. The fog was simply clearing from over the outside of the ocean. It gave an encouraging, quieting state of mind that assisted with settling his nerves.He used to adore walking around this way. At the point when he was around five years of age he was energized on the grounds that his mom had revealed to him he was going to see the ocean. He was energized in light of the fact that he had never observed the ocean and he had no clue what's in store. He could recall his sentiments of jubilee and how his mom had snickered joyously when he said he would turn into an angler when he developed up.He recollected that specific day since his dad was with him. It was the last memory of his dad he had.He never observed him again.The war summoned him, overwhelmed himkilled him.He didnt get war. How could individuals celebrate in the demise of others? How could individuals hold on and watch while their friends and family were sent to their demise? In spite of the fact that it had been a long time since the war had finished, he could even now remember everything. The bombings late around evening time. Little youngsters shouting out restlessly in dread and fear. How much his mom cried.From then on, it had been simply him and his mom. They worked in association - whatever one required, the other provided.That was until he discovered he had a mind tumour.He recalled the day he originally saw something wasn't right. He fallen during one of his exercises at school. He was quickly raced to emergency clinic where after a progression of irritating, pointless tests, they arrived at the determination that he had a tumour.Funny thing was, he didnt really recollect how he felt. He couldnt even recall his response to being informed that except if he had an activity, his odds of endurance were a million to one. All he recalled was his mom and how horribly annoyed she was. She took some comfort in the way that the activity could help forever dispose of the tumour.But it never did. It just returned, greater and more remarkable than previously, however this time, there was zero chance of it going away.That was the reason he was doing this. On the off chance that the tumor wasnt going to leave, at that point he would need to. It wasnt a simple choice to mak e. He needed to consider every other person his choice was going to influence. His mom, his friendshis sweetheart. Just his mom comprehended what he was experiencing. Nobody else. It was presumably his issue. He didnt open up to them, however he couldnt help that. How was he expected to inform the individuals who minded regarding him that it was just only months before he kicked the bucket? His companions realized something wasn't right, however they never asked.He loathed that.His sweetheart had asked commonly, yet he had consistently disregarded it, accusing stress.So whose shortcoming right? His or theirs?He never let them know since they never asked, yet when they did, he lied. Where it counts, he realized it was all his flaw. He accused himself. He was brimming with what uncertainties? Imagine a scenario where he had carried on better when he was more youthful. Imagine a scenario where he had been more pleasant to the neighbors hound. Imagine a scenario where he hadnt underesti mated everything throughout everyday life. Would this happen him on the off chance that he had faith in God?When he was first analyzed, everything he could consider was whether he would be in this position in the event that he had trusted in God. His mom had been a severe Christian until the day his dad had kicked the bucket. From that point forward, her confidence had faltered and she hadnt went to chapel as much as she used to. He could comprehend why.His father had been a decent man for his entire life. He had never set a foot wrong. So for what reason did God take him from his family? Is it accurate to say that he was that barbarous? Did he like to force torment on individuals? He had posed his mom every one of these inquiries and she had answered no, God isn't pitiless. She said that his dad was such a decent, kind, caring individual that God had taken him to sit in the sky with Him.But he persisted.What pretty much every one of those other great, kind, caring individuals on th e planet? Shouldn't something be said about you? Youre great and kind, why didnt God take you? His mom didnt have a response to this. All she said was that passing was a piece of the normal lifestyle and that we didnt have a state in it. However, he was still not satisfied.Who was God? Is it true that he was a man or a brute? For what reason did He remove his dad from him? He didnt comprehend why individuals venerated God. Is it accurate to say that they were neglectful of the dread that happened day by day in this world brimming with abhor and infection? Shouldn't something be said about the shootings, the psychological warfare, the wars? In the event that there was a God, definitely He wouldnt permit these things to occur, would He? What's more, shouldn't something be said about every one of those poor, little kids living on the roads selling themselves for cash? On the off chance that a God existed, He wouldnt have permitted that to occur, nobody in their correct brain would.Howe ver, as he pondered it, possibly a God existed. Perhaps God was the person who gave us life and finished it. Perhaps it is up to us what occurs in the middle of the start and the end. Be that as it may, anyway much he pondered it, he couldnt convince himself it was true.What about his mind tumour?As far as Jacob knew, every single through hello life, he had been a decent kid. He wasnt great, this he knew. In any case, he wasnt terrible either. He had consistently attempted to assist his with mothering and he got great imprints at school.So for what reason did he have a mind tumour?He had been persuaded that on the off chance that you were a decent individual, at that point beneficial things would happen to you.So for what reason was this event to him?His mother had been asking herself a similar inquiry. He could comprehend why God needed to rebuff him for not having faith in Him, however he couldnt comprehend why his mom must be harmed in the process.The place was nearer now. He cou ld smell the salt noticeable all around, drifting in from the ocean. He could see her face when she woke up and acknowledged where he had gone. She would be upsetgrief blasted to put it daintily. In any case, by at that point, it would be past the point of no return. He would be gone.It would be over.He detected a way up ahead that drove directly to the highest point of the precipice. He started to climb it. As he got further and additionally up, he saw a greater amount of the ocean. He could see the waves commandingly slamming upon the stones down beneath him.In and out. In and out.His breathing coordinated the musicality of the waves.In and out. In and out.He shut his eyes and remained there for a moment, enjoying the experience. Here, he was really settled. Away from the crying of his mom. Away from the tick-tock of the clock.He abhorred watching that clock.Tick-tock. Tick-tock. Ticking his life away. Tick-tock.A sharp, ear-parting cry from a seagull above took him back to the re al world. He continued strolling up the lofty way. The highest point of the bluff was approaching at this point. He could feel the delicate breeze of the breeze gently brushing his b

Understanding the Accounting Cycle

Understanding the Accounting Cycle WHAT IS ACCOUNTING?Let us kick things off by talking about what accounting is. Accounting is the systematic process of identifying, measuring, recording, classifying, summarizing, and interpreting financial information, and communicating the results thereof by way of the preparation of financial statements.True to its other identity as the language of business, it provides relevant information on the resources available to a business, how these resources are being used in business operations, and the results of these operations.You may have already heard of several business functions, not realizing that they are actually part of the bigger picture that is accounting. You see, accounting is not just limited to the recording of transactions preparation of financial records, and maintaining or keeping these records. Performing internal audits is also an accounting function. Providing advise on taxation matters is also another. Evaluating the feasibility of potential projects or business ventures also falls under accounting.Beyond the simple acceptance of the statement that accounting is the language of business, what is the importance of accounting?Accounting aids in the decision-making processes of management.It can be said that this is the ultimate reason why accounting is in place. The information measured, recorded, maintained and communicated through accounting are used by the owners or management team of a business in making business decisions.Analysis of the financial reports and records generated through the accounting process will allow management to make important decisions on matters such as operations, investments, marketing, and the like.Budgeting is one area that greatly benefits from accounting, particularly from its recording function. The records and reports generated through accounting will be used as basis or benchmarks for budgeting and forecasting purposes.Accounting is useful in tracking the performance and growth of a business.Through accoun ting, a company is able to generate its income statement, also known as the Statement of Financial Performance, which shows if the company is earning money or losing it. Just by looking at the figures and conducting subsequent financial analyses, management and other stakeholders will have an idea if the business is profitable or not.Likewise, the Balance Sheet, or the Statement of Financial Position, will also indicate the status of the business for growth and continuous operations. Without accounting, there would be no way for the business to have quantified and objective information on the true state that the business is currently in.Interested in a career in accounting? Why are accountants super important? Accounting communicates to management whether the company is using its resources efficiently or not.Imagine a company that does not record its transactions, or keep records and reports of how the business is performing. There is a great chance that the business may be spending more than it should, increasing business inefficiencies.Prevention of fraud is also made possible by the implementation of the accounting process. Accounting entails having an effective and strong internal control in place within the company, which means that it facilitates the early detection and discovery of fraud, and prevent the occurrence of potential fraud.Accounting improves a company’s reputation and credit.If a company has a sound accounting system in place, and its accounting records are well kept and updated, it will make it look more appealing to others. This is already an indication of management’s effectiveness and efficiency, and it will also build trust among external parties, such as creditors, banks, financial institutions and regulatory agencies.Do not forget that businesses that seek financing through loans or outside investments are going to be asked to present their financial reports. If accounting is implemented well, these financial reports will be readi ly available, and help the company acquire the funding it needs.No one is exempt from implementing the accounting process or using the accounting cycle in business. Large multinational companies also employ accountants to do their accounting work for them, which is the same in small businesses.THE ACCOUNTING CYCLEDefining the “accounting cycle” is easy enough, because it is basically described by the definition of accounting. This cycle makes up the whole process, from identification and measurement of accounting events and recording them until the completion of the accounting process.The cycle begins when an accounting event, or a transaction, takes place. It will end when the event has been included in the financial statements or reports of the company, and the cycle begins anew when other accounting events take place.The accounting cycle is not to be confused with the Budget Cycle. There are two major differences between the two.Accounting cycle pertains to historical transac tions, or transactions that have already taken place. Budget cycle is more concerned with forecasting or predicting the future operations and performance of the business, meaning the transactions have not yet been incurred.Accounting cycle is concerned with information that will be used by both internal and external users. This means that management and members of the organization, as well as stakeholders and third parties outside the organization (including the general public) and will find the information relevant. The budget cycle is more focused on information that will be used primarily internally, or by management.Timing of the Accounting CycleBusinesses have their predetermined accounting periods, which could be monthly, quarterly, biannually, or annually, depending on several factors. The most common accounting period, however, is annual, since most regulatory agencies require the submission of financial statements on an annual basis, usually at the end of a fiscal year or a calendar year.The reporting dates usually mark the end of the accounting cycle for most businesses. The transactions take place throughout the year, but the end of the cycle, which is the preparation of the financial reports, takes place at the end of the year.Watch a full lecture on the accounting cycle. Importance of the Accounting CycleWhy is there a lot of emphasis put into the accounting cycle? We have already discussed why accounting, in general, is vital to the operations of a business, but what of the accounting cycle?For uniformity and consistencyWithout the accounting cycle serving as a guide in the accounting process, businesses may have chaos in its hands when it comes to recording its financial transactions. The accounting cycle provides order to the process, ensuring uniformity and consistency all throughout.The business will then follow the same recording and record-keeping guidelines and standards, allowing for comparability when it is time to perform analysis on th e operations of the business. This uniformity will also give a sense of commonality, since it basically means that the business is speaking the same “language” as everyone else.Keep in mind that businesses’ financial statements are viewed and referred to by various parties and entities, aside from management and employees. Other possible parties are investors, banks, financing institutions, competitors, customers, regulatory and other government agencies.Following the accounting cycle will ensure that these parties will also understand what they are seeing once they take a look at your financial statements or financial reports.For check and balanceThrough the accounting cycle, the company will be better able to catch any transaction errors. A very effective tool to catch these errors is the trial balance prepared at the end of the accounting period. And the trial balance is generated using the accounting cycle.For evaluation of company performanceProfitability is a primary con cern for management and other stakeholders of the company. By following the accounting cycle, assessing the performance or results of operations of a business from one accounting period to the next is easier.Comparative assessments of performance from period to period is facilitated by the accounting cycle, since the expense and income accounts are closed at the end of each accounting or reporting period, instead of the amounts being carried over to accumulate in succeeding periods.For complianceInternational and local accounting standards require compliance with the steps involved in the accounting cycle. There are also tax laws and federal regulations that have the same requirement.Government agencies often require public companies to periodically submit their financial reports, duly prepared by following the accounting cycle.For efficiency of business processesNotice how many processes tend to be cumbersome and inefficient when there is no order involved. The steps in the account ing cycle ensure efficiency in carrying out the accounting process.This will prevent accountants and bookkeepers from repeating steps or being redundant in carrying out their tasks, because they are following a sequence. Thus, time management is another advantage to be obtained from implementing the accounting cycle.THE STEPS IN THE ACCOUNTING CYCLE © Shutterstock.com | DusitIf we discuss anything related to business, we could never omit or altogether overlook the inclusion of accounting. Accounting, after all, is said to be the “language of business”.How could that be the case, you ask?Well, that is because accounting aids members of the organization (internal) and even the external parties, understand what exactly is going on with the business. In short, it is a means of communicating information about the business.In this guide, we explore 1) what is accounting, 2) what is the accounting cycle, and 3) the major steps of the accounting cycle.WHAT IS ACCOUNTING?Let us kick things off by talking about what accounting is. Accounting is the systematic process of identifying, measuring, recording, classifying, summarizing, and interpreting financial information, and communicating the results thereof by way of the preparation of financial statements.True to its other identity as the language of business, it provides relevant in formation on the resources available to a business, how these resources are being used in business operations, and the results of these operations.You may have already heard of several business functions, not realizing that they are actually part of the bigger picture that is accounting. You see, accounting is not just limited to the recording of transactions preparation of financial records, and maintaining or keeping these records. Performing internal audits is also an accounting function. Providing advise on taxation matters is also another. Evaluating the feasibility of potential projects or business ventures also falls under accounting.Beyond the simple acceptance of the statement that accounting is the language of business, what is the importance of accounting?Accounting aids in the decision-making processes of management.It can be said that this is the ultimate reason why accounting is in place. The information measured, recorded, maintained and communicated through accountin g are used by the owners or management team of a business in making business decisions.Analysis of the financial reports and records generated through the accounting process will allow management to make important decisions on matters such as operations, investments, marketing, and the like.Budgeting is one area that greatly benefits from accounting, particularly from its recording function. The records and reports generated through accounting will be used as basis or benchmarks for budgeting and forecasting purposes.Accounting is useful in tracking the performance and growth of a business.Through accounting, a company is able to generate its income statement, also known as the Statement of Financial Performance, which shows if the company is earning money or losing it. Just by looking at the figures and conducting subsequent financial analyses, management and other stakeholders will have an idea if the business is profitable or not.Likewise, the Balance Sheet, or the Statement of F inancial Position, will also indicate the status of the business for growth and continuous operations. Without accounting, there would be no way for the business to have quantified and objective information on the true state that the business is currently in.Interested in a career in accounting? Why are accountants super important? Accounting communicates to management whether the company is using its resources efficiently or not.Imagine a company that does not record its transactions, or keep records and reports of how the business is performing. There is a great chance that the business may be spending more than it should, increasing business inefficiencies.Prevention of fraud is also made possible by the implementation of the accounting process. Accounting entails having an effective and strong internal control in place within the company, which means that it facilitates the early detection and discovery of fraud, and prevent the occurrence of potential fraud.Accounting improves a company’s reputation and credit.If a company has a sound accounting system in place, and its accounting records are well kept and updated, it will make it look more appealing to others. This is already an indication of management’s effectiveness and efficiency, and it will also build trust among external parties, such as creditors, banks, financial institutions and regulatory agencies.Do not forget that businesses that seek financing through loans or outside investments are going to be asked to present their financial reports. If accounting is implemented well, these financial reports will be readily available, and help the company acquire the funding it needs.No one is exempt from implementing the accounting process or using the accounting cycle in business. Large multinational companies also employ accountants to do their accounting work for them, which is the same in small businesses.THE ACCOUNTING CYCLEDefining the “accounting cycle” is easy enough, because it is basic ally described by the definition of accounting. This cycle makes up the whole process, from identification and measurement of accounting events and recording them until the completion of the accounting process.The cycle begins when an accounting event, or a transaction, takes place. It will end when the event has been included in the financial statements or reports of the company, and the cycle begins anew when other accounting events take place.The accounting cycle is not to be confused with the Budget Cycle. There are two major differences between the two.Accounting cycle pertains to historical transactions, or transactions that have already taken place. Budget cycle is more concerned with forecasting or predicting the future operations and performance of the business, meaning the transactions have not yet been incurred.Accounting cycle is concerned with information that will be used by both internal and external users. This means that management and members of the organization, a s well as stakeholders and third parties outside the organization (including the general public) and will find the information relevant. The budget cycle is more focused on information that will be used primarily internally, or by management.Timing of the Accounting CycleBusinesses have their predetermined accounting periods, which could be monthly, quarterly, biannually, or annually, depending on several factors. The most common accounting period, however, is annual, since most regulatory agencies require the submission of financial statements on an annual basis, usually at the end of a fiscal year or a calendar year.The reporting dates usually mark the end of the accounting cycle for most businesses. The transactions take place throughout the year, but the end of the cycle, which is the preparation of the financial reports, takes place at the end of the year.Watch a full lecture on the accounting cycle. Importance of the Accounting CycleWhy is there a lot of emphasis put into the accounting cycle? We have already discussed why accounting, in general, is vital to the operations of a business, but what of the accounting cycle?For uniformity and consistencyWithout the accounting cycle serving as a guide in the accounting process, businesses may have chaos in its hands when it comes to recording its financial transactions. The accounting cycle provides order to the process, ensuring uniformity and consistency all throughout.The business will then follow the same recording and record-keeping guidelines and standards, allowing for comparability when it is time to perform analysis on the operations of the business. This uniformity will also give a sense of commonality, since it basically means that the business is speaking the same “language” as everyone else.Keep in mind that businesses’ financial statements are viewed and referred to by various parties and entities, aside from management and employees. Other possible parties are investors, banks, financing institutions, competitors, customers, regulatory and other government agencies.Following the accounting cycle will ensure that these parties will also understand what they are seeing once they take a look at your financial statements or financial reports.For check and balanceThrough the accounting cycle, the company will be better able to catch any transaction errors. A very effective tool to catch these errors is the trial balance prepared at the end of the accounting period. And the trial balance is generated using the accounting cycle.For evaluation of company performanceProfitability is a primary concern for management and other stakeholders of the company. By following the accounting cycle, assessing the performance or results of operations of a business from one accounting period to the next is easier.Comparative assessments of performance from period to period is facilitated by the accounting cycle, since the expense and income accounts are closed at the end of each accountin g or reporting period, instead of the amounts being carried over to accumulate in succeeding periods.For complianceInternational and local accounting standards require compliance with the steps involved in the accounting cycle. There are also tax laws and federal regulations that have the same requirement.Government agencies often require public companies to periodically submit their financial reports, duly prepared by following the accounting cycle.For efficiency of business processesNotice how many processes tend to be cumbersome and inefficient when there is no order involved. The steps in the accounting cycle ensure efficiency in carrying out the accounting process.This will prevent accountants and bookkeepers from repeating steps or being redundant in carrying out their tasks, because they are following a sequence. Thus, time management is another advantage to be obtained from implementing the accounting cycle.THE STEPS IN THE ACCOUNTING CYCLEDepending on the nature of the busi ness and the operations and transactions involved, there may be several steps that will be followed by a company in its accounting cycle.However, we will take a general approach and discuss the ten steps involved in this methodical process.Step #1 Identification and analysis of business transactions and eventsThe beginning of the accounting cycle (and the accounting process as a whole) is the identification and analysis of business transactions and economic events. Take note that businesses deal with numerous transactions and events, but not all of them will be included in the accounting cycle.The quantifiable transactions must be distinctly identified from the non-quantifiable transactions. Quantifiable transactions are those that can be expressed in monetary terms, using the currencies used by the business.Between the sale of products and services and the signing of an agreement with a distributor company, the former is clearly the quantifiable transaction, since it involves the e xchange of goods and services for cash or other forms of payment. The mere signing of the agreement is not quantifiable and will therefore be excluded from the accounting cycle.If, however, the signing involved the company spending a specific amount of money on incidental expenses such as meals and transportation in the conduct of the event, then it will be included in quantifiable transactions.Identification and analysis of these transactions begin from source documents, such as invoices, official receipts and other financial documents. These source documents will serve as the basis for the next step, which is recording in journals.Analysis of the identified transactions involves:Determination of the accounts affected; andDetermination of the amounts to be recorded;Step #2 Recording of transactions and events in the Accounting JournalsThe transactions or events that have been identified will now be recorded in the accounting journals.The Journal, or the “General Journal”, is al so referred to as the “book of original entry”, since this is where the transaction will first be recorded.Transactions are recorded in the journal, or journalized, in chronological order, as they happen.Transactions are recorded using the “double-entry bookkeeping system”, where two accounts are recorded: one account is debited while the other is credited.Businesses with frequently occurring similar transactions also make use of special journals to simplify the recording process. Examples of these special journals are Sales Journal, Purchase Journal, Cash Receipts Journal and Cash Disbursements Journal. Transactions that do not fall under these special journals are recorded in the General Journal. Step #3 Posting of the transactions and events to the LedgerThe transactions that have been journalized are then posted to the General Ledger, or the “book of final entry”. The ledger is where all accounts are shown, including the movements in the account or the changes that o ccurred because of past transactions. It also shows the current balances of the accounts.Journalized transactions are posted in their respective account ledgers, showing increases, decreases, and the current ending balances. Businesses with many transactions may also make use of Subsidiary Ledgers, which are basically breakdowns of the General Ledger.Step #4 Preparation of the Unadjusted Trial BalanceThe ending balances of the accounts in the ledger are extracted and placed in one financial report, which is the unadjusted trials balance.The unadjusted trial balance has two columns â€" Debit and Credit â€" that reflect the ending balances of the accounts in the ledger.The unadjusted trial balance is an excellent tool to test the accuracy of the recording and posting process, since the Debit and Credit sides must be equal or balanced. The total Debit should be equal to the total Credit amount.Errors must be corrected through the appropriate correcting entries to make the Debit and Cre dit balanced.Step #5 Preparation of Adjusting EntriesBusinesses make use of the accrual method of accounting, which upholds the matching principle, where the expenses are matched with the corresponding or related revenue or receipts.The accrual method also maintains that expenses must be recorded when they are incurred rather than when they are paid, and revenue must be recognized when they are earned, regardless of when they are received in cash.To adhere to the accrual basis of accounting, adjusting entries must be prepared.Step #6 Preparation of the Adjusted Trial BalanceEffecting the correcting and adjusting entries, you will now be able to prepare the Adjusted Trial Balance.This will further allow the evaluation of accuracy, to see whether the debits will still equal the credits after the adjustments have been incorporated.Step #7 Preparation of the Financial StatementsWe now come to the end-products or final outputs of the accounting process and the accounting cycle: the finan cial statements. There are five financial statements that are prepared, and will make up the financial reports of the company.Statement of Financial Position (Balance Sheet). There are three main components: Assets, Liabilities and Equity. The accounting equation must be adhered to in this statement, where the Assets will be equal to the combined Liabilities and Equity of the company.Statement of Performance (Income Statement). In other cases, they prepare the Statement of Comprehensive Income, which also includes income earned by the business from sources other than its main operations.Statement of Changes in Equity. This will include details of the Equity section in the Balance Sheet.Statement of Cash Flows. This will show the movement or flow of cash into and out of the company. Cash receipts and disbursements will be presented and classified appropriately, depending on whether they are for Operating activities, Investing activities, or Financing activities. The ending Cash balan ce must be equal to the Cash balance presented in the Asset section of the Balance Sheet.Notes to Financial Statements. This will contain notes and important disclosures regarding the items presented in the other four financial statements.The figures that will be presented in these financial statements will be lifted or extracted from the Adjusted Trial Balance.Step #8 Preparation of Closing EntriesThere is a need to “close” the nominal or temporary accounts to the appropriate capital accounts, in preparation for the next accounting period or cycle. Closing entries are required because the business will once again start on a clean slate.Nominal or temporary accounts are the accounts normally seen in the income statement, such as the income and expense accounts. Real accounts or permanent accounts â€" those that appear on the balance sheet â€" are not subject to closing entries.Step #9 Preparation of the Post-Closing Trial BalanceAfter effecting the closing entries, the Post-Clos ing Trial Balance will then be prepared. The purpose of this is to once again test accuracy and ensure that the debits and credits are still equal.Since all the nominal or temporary accounts have already been closed, this trial balance will contain only the real or permanent accounts. It basically resembles the Balance Sheet, although it is presented in two columns, Debit and Credit.Step #10 Preparation of Reversing EntriesTo maintain consistency of the accounting process and ensure a smooth transition into the next accounting cycle, there is a need to reverse the adjusting entries that were previously prepared to comply with the accrual method of accounting. These entries are called the reversing entries.This is actually an optional step, since the business may opt to prepare reversing entries at the beginning of the next accounting period, making it the first step in the succeeding accounting cycle.

Sigmund Freuds and Carl Rogers Differing Concepts of...

This essay is to describe Sigmund Freud’s and Carl Rogers’ differing concepts of human psychology concerning determinism. Freud is known to be a determinist. This means that he believes that humans don’t have free will, that there are forces beyond the individuals control which control their actions and underlying reasons behind behaviours. (http://plato.stanford.edu/entries/determinism-causal/). Rogers is known as a non-determinist. This is the belief that humans have free will, that they control their own behaviours, desires and are not bound by laws (http://www.oxforddictionaries.com/definition/english/free-will?q=free+will). However a new idea which mostly stems from the cognitive approach has been created called â€Å"Soft – Determinism.† This is the idea that people have a degree of free will. That our behaviours and desires are mostly determined however we can choose specific ways to act in particular situations. Freud created the Psychodynamic Approach to explain behaviour. Within it, he describes that there are 3 components of the human mind: The conscious, Pre-conscious and Unconscious. The conscious is the part of the mind which is in our awareness; it contains behaviours and desires which we are aware of. The pre-conscious is the part of the mind between the conscious and unconscious, it contains items such as memories and desires which we are not currently thinking about but can easily bring to conscious awareness. Lastly is the unconscious. This part of the mind isShow MoreRelatedEssay Personality Theories3167 Words   |  13 PagesJung Adler Rogers Maslow Humanistic strengths and weakness Psychodynamic strengths and weakness Some similarities of both Web Resources Freud Biography Biography Sigmund Freud was born May 6, 1856, in a small town -- Freiberg -- in Moravia. His father was a wool merchant with a keen mind and a good sense of humor. His mother was a lively woman, her husbands second wife and 20 years younger. She was 21 years old when she gave birth to her first son, her darling, Sigmund. Sigmund had two olderRead MoreThe Psychological Theories Of The Human Personality2210 Words   |  9 PagesThe human Personality is an individual’s distinctive behaviour, thoughts and emotions which work in tandem to create a unique personality. This essay will analyse the operation of personality by examining the three main psychological theories of; Carl Rogers, Sigmund Freud and Hans Eysenck. These theories were initiated to gain an understanding of the ‘mind’ and how particular personality traits come about. Each of these theories are distinguished by three theoretical approaches, which are: Nomothetic;Read MoreA Description of Analytic Psychology Essa y4799 Words   |  20 Pagesdescribe Analytic Psychology www.jungclub-london.org C. G. Jung Analytical Psychology Club London. Who looks outside, dreams, who looks inside, awakens, The term psychoanalyst is currently used to cover all those facts and theories presented in the works of Freud, Jung, and Adler. However it is often recommended that it should be applied only to the theory and practice of Freud and his disciples, and that the theory and practice of Jung should be designated Analytical Psychology, and that theRead MoreNature Vs Nurture : Nature Versus Nurture2536 Words   |  11 Pageschildhood and adolescence, most humans continue to develop and mature through out the entire lifespan, and will at times find themselves with evolving, and at times inconsistent or unclear,motivations. People also will find themselves dealing with identity crisis,which can have positive or negative impacts upon the personality of the individual, which could be a temporary condition, or result in long term changes to the overall personality. Introduction Positive psychology is the basis of this paper’sRead MorePsychology Workbook Essay22836 Words   |  92 PagesI. INTRODUCTION Objective I.1 Define psychology: the science of behavior and mental processes. |Margin Learning Question(s) (if applicable) |Page(s) | |None | | Key Terms Psychology: the science of behavior and mental processes. Exercises 1. Put a check markRead MorePsychosocial Factors as Determinants of Students’ Achievement in Senior Secondary School Mathematics12067 Words   |  49 Pagesmathematics. The variables that were addressed include test anxiety, locus of control, self concept, motivation, study habit and peer influence. The population for the study included all Senior Secondary School 2 (SSS 2) students in Ogun State. Two hundred (200) SS 2 students were randomly selected from four administrative zones in Ogun State. Seven instruments namely: Test Anxiety Questionnaire (TAQ), Self Concept Questionnaire (SCQ), Motivation for Achievement Questionnaire (MAQ), Peer Influence Questionnaire

Discuss The Night Circus by Erin Morgenstern

he Night Circus by Erin Morgenstern is a debut novel that transports readers into a fantastical world in another time. Use these book club discussion questions on The Night Circus to lead your reading group into the intricacies of Morgensterns novel. Spoiler Warning: These book club discussion questions reveal important details about The Night Circus by Erin Morgenstern. Finish the book before reading on. The Night Circus is not written in a linear timeline. Did you find the structure of the book disorienting? Do you think it was effective in mirroring the nature of the circus or did it just annoy you?Between the chapters that tell the story of The Night Circus are descriptions of the circus itself, written as if you are visiting it right now. What do these chapters add to the story?What was your favorite part of the circus? Which character would you most want to meet? Which tent would you most want to visit? Which food sounded most appealing?Why are Frederick Thiessen and the reverse important to the story? Why do you think some people were so entranced by the circus that they devoted themselves to following it around?Did you feel sorry for those who were being used in the game -- Isobel, the Burgess sisters, even Celia and Marco? Why do you think some people, like Mr. Barris, dont mind being trapped by the circus while it drives others, like Tara Burgess, mad?Why do you think Baile y was willing to give his life to the circus?Discuss themes of good and evil and free will verses being bound.What did you think of Marco and Celias relationship? Why did they fall in love?Why does the man in the gray suit feel so passionate about stories? What sort of commentary do you think the chapter Stories is the novel? On life?Rate The Night Circus 1 to 5.

Prince Sports Free Essays

Prince Market Analysis As the sport continues to experience growth due to the younger interest, Prince has created its own death warrant because it fails to see how it can create a positive and lasting strong hold in a market that has seen a recent upswing. One of the things that sticks out the most to me was the amount of time it took for Prince to realize its superior position in the niche market of tennis and other racket designated sports, I can’t grasp the idea that Prince was not already a major contender in the market. As the sports world is going through a makeover with sport phenoms seeking commercial backing, Prince has assured itself through social networking and sponsorship of young talented athletes is a way to snare young and upcoming players, pro or not. We will write a custom essay sample on Prince Sports or any similar topic only for you Order Now But, this very same issue can be seen as a down fall as well, to either the competitor or Prince. If Prince misses one or two up and coming players, no harm; but potentially missing out on millions in sales would devastate a younger company, a younger company must be spot on in their choices. Every match, win or lose, the player is getting recognition from the media, never a down side to branding unless the athlete does not become the star once thought possible; get them while they are young and you will create a devoted consumer (fan). In my opinion, Prince failed to protect itself when they entered into the arena of hosting minor events. I feel this is their biggest mistake. By doing so the competition should be able to see that doing the very same thing and co-branding with accessorizing services and or products can create a dent in the growth Prince would have seen from their own venues. Reason being, Prince is only one company while there are millions of up and coming stars that are looking for the backing of a corporate sponsor that stands behind its product’s with stellar customer service and an unwavering and resilient front in research that pushes the game to the next level. This is the only saving factor that Prince can rely on to push back the low end producers of equipment and apparel. But, a company with the ability to create and research new methods of manufacturing, innovative and out of the box designing (product and advertising), would create not only a sizeable but growing market saturation by merely addressing the latter. A new and upcoming player is a walking billboard, that when touched with social media and any airtime, frenzy can ensue for the product line and or services sponsoring the young athlete. A young and new exciting player that has a bankable and commercial attitude can spawn millions in sales for the company that sponsored them prior to athletic stardom. This is where Prince failed to cover their†¦well let’s just say door! As a new and upcoming player seeks to lay waste to the competition and seek to better their own bottom line through securing ad time for a bevy of products that may or may not have anything to do with tennis. The competition has done two things by always being at the beckoning call of the up and coming billboard, I mean star. The most important thing, the branding of their product, each and every time a camera shot is taken at a competition, or an interview on ESPN after a match, the competition has assured itself a front row seat into the pockets of player’s novice and professional. Second, by assuring co-branding and sponsorship, a two prong social media attack can be placed on the efforts to grow market share and sustainability created by a dual marketing campaign lodged against Prince by the competitor and fellow co-sponsor of the athlete. Co-sponsorship and branding however also limits the exposure a company could have in backing a new and upcoming athlete. By splitting the cost needed to sponsor an athlete I would only assume the money could be positioned to assist in other areas of concern such as research or ad time. This is where Prince failed to see itself, which I see as a flaw in their approach to assure continued growth, even if a new competitor copied their same exact plan. The competitor would fail because Prince would have all or some of the major accessorizing companies already on board. Again, this would also assist with in-house needs for cash that could be pooled for other pressing issues. But even with this idea in place, Prince would have to reshape their departments to assist those that would need the authority to make decisions on the spot with good information without the input of groups that may slow the process. A new competitor would already have thought of because it would need to be nimble and quick to decide (with good information) when creating co-marketing agreements and scouting new talent. Any competitor can see that the grass root approach to introducing, researching, collaborating, and a well-executed marketing plan can easily remove Prince as a Juggernaut in the tennis arena. Prince left the back door open in another arena as well. Social media is not a proprietary component and can cease to exist overnight if the public is no longer interested in it. This is where I think Prince left the door open and could be the second reason they fail to maintain growth. Having access to the needs and wants of a customer is the winning factor that all companies seek to gorge themselves on. A competitor would merely need to address the customer in a variety of ways. With the growth of the smartphone being the comparison of a personal computer and seen as a personal device like a toothbrush. A competitor merely needs to create a social platform that allows the consumer to be a part of the company through beta testing, questionnaires, sweepstakes, and other client building venues that assures growth for all involved because of the co-sponsoring and branding approach to introduce services and products; trending at its finest without the need to specialize. A competitor merely would have to create a smartphone application and its own social media web based portal that can be reached via a plug-in to the most widely used social media networks. Novice to professional players would be a great form of information needed to create or improve a better product with little to no amount spent in collating ideas needed to assure sustainability and new growth as they carve into the juggernauts once strong hold on a growing sport. I do see however an avenue that could assure Prince an edge with the current dilemma which it faces; but it also comes with a problem. The problem; the window of opportunity is based upon accepting an outside infusion of creativity by creating a major annual event. Doing so would create more than what they currently have because of the vendors and or bigger companies that would want to be invited or pay for a chance to main stream their idea and or company at the annual event. I would assume that a bigger opportunity would be created as the media and social media networks for the rights to air the event. It is my personal belief that Prince has become a sloth, slow and predictable. Its advantageous growth was due to an influx of new consumers, Price’s timing and position made it the lead in a once slow and dwindling sport. Prince’s obvious and monolithic stance does not provide it the nimble agility that an aggressive and blood thirsty competitor has when trying to grasp a growing market share that can dwindle away just as fast as it came. How to cite Prince Sports, Papers

Marketing Business Marketing and Communication

Question: You are required to create the following financial assessment for Portland Fit. Price Build Budget/pro forma RO1/payback Client Lifetime Value Create a new Financial avenues for the organization and a Work Based Structure "WBS". Answer: Financial Assessment of Portland Fit Portland Fit conducts training programs for runners as well as walkers of all abilities. It mainly aims for completing events like Portland Marathon. Price Build Portland Fit renders corporate fitness services in comparison with other high-end fitness centres for the same. Pricing Monthly Annually $100 $150 From the above table, it is easy to understand that Portland Fit charges $100 for the registration purpose in the fitness centre. For lifetime membership of Portland Fit, they charges $150 from the runners on annual basis. Price Build Unit Sales Year 1 Year 2 Year 3 Standard Monthly Membership Fees 23540 54800 65760 Premium Monthly Membership Fees 34540 24560 65870 Registration Fees 23650 45370 25470 Other Revenues 34250 65730 23260 Total Unit Sales 115980 190460 180360 Unit Prices Standard Monthly Membership Fees $2,340 $32,160 $54,600 Premium Monthly Membership Fees $65,760 $87,960 $97,650 Registration Fees $1,230 $3,460 $2,360 Other Revenues $54,600 $32,400 $56,570 $123,930 $155,980 $211,180 Sales Standard Monthly Membership Fees $3,426 $5,460 $2,315 Premium Monthly Membership Fees $3,567 $2,165 $5,674 Registration Fees 34250 65730 23260 Other Revenues 34540 24560 65870 Total Sales $75,783 $97,915 $97,119 Direct Cost of Sales Standard Monthly Membership Fees 34250 65730 23260 Premium Monthly Membership Fees $1,230 $3,460 $2,360 Registration Fees $2,340 $32,160 $54,600 Other Revenues 34250 65730 23260 Direct Cost of Sales $72,070 $167,080 $103,480 Prices are greatly influenced by the quality of equipment as well as services for the same (Winer Dhar, 2011). They enrol general wellness programs for the runners in addition to fitness facilities in an overall manner. Pricing build strategy of Portland Fit depends entirely upon the perception of the runners in an overall manner. Budget Marketing Expense Budget Year 1 Year 2 Year 3 Advertising $34,500 $23,560 $54,600 Sales Promotions $23,650 $65,790 $76,540 Marketing Training $12,430 $23,650 $35,630 Quality Assurance $34,650 $65,780 $21,540 Referral Program $23,650 $65,790 $76,540 Corporate Promotion $34,500 $23,560 $54,600 Public Relations $34,650 $65,780 $21,540 Website and Facebook $12,430 $23,650 $35,630 Total Sales and Marketing Expenses $210,460 $357,560 $376,620 Key Marketing Metrics Key Marketing Metrics Year 1 Year 2 Year 3 Revenue $3,426,500 $6,543,290 $8,754,000 Leads 23430 43500 45000 Leads converted 15% 12% 20% Referrals 91 45 89 PR Mentions 34 36 67 Testimonials 21 56 98 Annual Customer Attrition 15% 22% 32% Return on Investment Portland Fit evaluates efficiency of an investment for comparing various investments. Return on Investment is the measuring factors for relative investment costs in an overall manner. Return on Investment: =Gain from investment- cost of investment/ cost of investment = $235- $125/ $125 = $110/ $125 = 0.88 Payback Period Payback period of Portland fit ensures the length of time for recovering the cost of an investment. Determinant ensures undertaking position for longer payback period and desirable for the various investment positions for the same. Payback Period = Cost of Project/ Annual Cash Inflows = $100000/ $25000 = 4 years Client Lifetime Value Client Lifetime value is one of the important metrics adopted by Portland Fit. It mainly helps in: Understanding the generated return on investment on customer acquisition It mainly focuses on the marketing channels for optimization of lifetime value for the gross profits. It mainly tries for maximizing customer lifetime value for cost in customer acquisition in an overall manner. Ensuring retention marketing strategy It aims for marketing campaign and instant revenue for the targeted runners of Portland Fit. Creation of effective messaging, nurturing as well as targeting It mainly helps in segmentation for customer base in improvement in the personalized messaging system. Improvement in the behavioural triggers It mainly discovers the behavioural triggers for best runners in the Portland Fit. Improving output from the customer support area It mainly focuses on giving special attention for the valuable customers of Portland Fit. Work Based Structure Work-Based Project Start Date End Date Budget Implemmented By Department Advertising 21st January 2016 31st March 2016 $2,300 Photographer Marketing Photo Sessions 22nd January 2016 15th April 2016 $4,500 Ad firm Marketing Create new print ads 12th February 21st May 2016 $320 Ad firm Marketing create new radio sports 21st January 2016 15th April 2016 $230 Ad firm Marketing create new vide ads 22nd January 2016 31st March 2016 $210 Ad firm Marketing Launch and campaign 21st January 2016 21st May 2016 $520 Ad firm Marketing Total Advertising Budget $8,080 PR Create press release focus on new initiative 21st january 2016 31st March 2016 $230 PR Agent Marketing Send press release 12th February 15th April 2016 $540 PR Agent Marketing Follow up calls on press release 21st january 2016 31st March 2016 $540 PR Agent Marketing Total PR Budget $1,310 Direct Marketing 21st January 2016 31st March 2016 $4,340 Marketing Assistant Marketing Create email blast about new referral program 22nd January 2016 15th April 2016 $5,480 Marketing Assistant Marketing Send email blast 12th February 21st May 2016 $2,380 Marketing Assistant Marketing Create corporate offering mailing and target list 21st January 2016 15th April 2016 $3,260 Marketing Assistant Marketing Send corporate offering mailing 22nd January 2016 31st March 2016 $2,370 Marketing Assistant Marketing Total Direct Marketing Budget $17,830 Web Development 12th February 21st May 2016 $54,600 Web Firm Marketing Revise Website 21st January 2016 15th April 2016 $34,700 Web Firm Marketing Create new Facebook application 22nd January 2016 31st March 2016 $23,760 Web Firm Marketing Launch Facebook application 21st January 2016 21st May 2016 $54,300 Web Firm Marketing Total web development budget $167,360 Marketing Loyalty and Referral Programs Create new referral forms 21st January 2016 21st May 2016 $32,500 Marketing Assistant Marketing Staff training on loyalty and referral programs 22nd January 2016 15th April 2016 $34,650 Operation Manager Marketing launch New programs 12th February 31st March 2016 $21,300 Marketing Director Marketing Total Loyalty and Referral Programs $88,450 Totals $283,030 Figure: Work Based Structure of Portland Fit (Source: Blythe, 2012) Work-based structure helps Portland Fit for defining the projects in an accurate manner. It defines the hierarchical structure for smooth functioning of Portland Fit. It mainly ensures monitoring of the project as well as allocation of related resources for the same. This particular company aims at estimating the cost evaluation and risk allocation strategy in the most appropriate way. It mainly checks specified deliverables for the stakeholders of the business organization. It mainly supports execution as well as monitoring process for the runners. Project Name Weekly Timeline Week 1 - 2 Week 3 - 4 Week 4 - 7 Week 8 - 10 Week 9 - 10 Notes: Briefing of the project Product research and development Market research Promotion and advertisement Monitoring and measurement Feedback of the customers Month 1 Month 2 Month 3 Month 4 Month 5 Totals: 13 14 22 21 14 Cumulative Total: From the above analysis, it is easy to collect the reliable information on Portland Fit. It mainly assigns price build strategies for improving in the generation of revenue for future business activities. Capital budgeting techniques will help in understanding the cost estimation for innovative projects selection in an overall manner. Reference List Blythe, J. (2012).Marketing. London: SAGE Publications. Kotabe, M., Helsen, K. (2011).Global marketing management. Hoboken, N.J.: Wiley. Sheehan, B. (2011).Marketing management. Lausanne, Switzerland: AVA Pub. Winer, R., Dhar, R. (2011).Marketing management. Boston: Prentice Hall.