Accounting Equation Essay

The accounting equation is a formula that represents the relationship between the assets, liabilities, and owner’s equity of a small business. Businesses use this to basically show what it owns what it owes and what its investors are investing. In order to understand these concepts it is important to have some knowledge of what is meant by each of the three basic components mentioned. â€Å"Assets refer to the worth of goods or products in the possession of the owner. Liabilities represent the amount of cash or resources that were borrowed in order to acquire the assets. Net worth is the financial worth of the individual, less any outstanding debts to outside entities. †(M. Tatum 2013). These things are important because this is what makes a business of any size thrive. Business need to know these things so that it may make decisions about its future to determine whether or not it has the potential to be successful and prosper in the future or if they should take an alternate route to better their business practice. The balance Sheet plays a role in the accounting equation by giving a brief picture of the company’s financial state at a point in time. The balance sheet will represent the accounting equation for a company Assets = Liabilities + Owners’ Equity stated more simply, the dollar total of the assets equals the dollar total of the liabilities plus the dollar total of the owners’ equity. The balance sheet presents a company’s resources, what they have what they owe and what is invested in them. For example, say a company has an increase of $1,000 to its assets since the owner decided to invest more money into his business. This increase to assets represents an equal increase to the amount of money the company owes to the owner (equity). Thus, the accounting equation will not remain in balance unless $1,000 is added to the company’s equity as well (QuickMBA, 2007). It is important to realize, though, that a transaction can affect only one side of the accounting equation. For instance, if a company chooses to purchase office supplies for $400 using cash, this will not affect the business’s liabilities or equity. Instead, it only represents the exchange of one asset for another (cash is decreased by $400, while office supplies increase by $400). Finally, a transaction can cause more than two affects on the accounting equation. For example, say a retailer decides to buy a shipment of a new product for $1,000. This causes an automatic increase of $1,000 to inventory (an asset). However, instead of paying for this shipment with only cash, the company decides to pay $500 up front and purchase the rest on credit. As a result, cash is only decreased by $500 and liabilities are increased by $500, thus causing three changes to the accounting equation (Money Instructor, 2005).

Annonated Bibliography Composition Ii

Lindsay Shipman Annotated Bibliography Composition 122S Richards, Sara. â€Å"The building blocks of a healthy diet. † Practice Nurse 38. 3 (2009): 12-17. Academic Search fComplete. EBSCO. Web. 14 Aug. 2011. This article explains which foods to eat and which foods we should ‘stay away’ from or eat in moderation. This article reminds that the human body is complex and it’s important to eat a healthy diet. The author goes into great detail about the complexity of food and the effects they have on the human body. It builds a foundation of knowledge for achieving and maintaining a balanced-healthy diet.It gives great detail about macronutrients and the effects they have on your body. The clear descriptions of carbohydrates, proteins, fats and water give a the reader a great understanding of what is good for the body and what is bad for the body. The authors’ purpose is to prepare a nutrition guideline for a healthy diet. Although it is written more for n urses’ or dieticians it is a good guideline that everyone can follow to create a healthy diet for themselves. It was written in 2009 so it is still an excellent guide to follow today. This main author of this article is a practicing nurse with RGN credentials.She uses many well-known and reliable health organizations as sources for this article. This article gives us the answer to which foods and how much should we eat for a healthy balanced diet. Although it goes into a little more detail than the average person may need to decide which foods are best for you, it gives you a clear guideline for choosing the right foods. For instance, I plan to incorporate more whole grains, vegetables and fruit into my diet and reduce the foods with animal fats, processed foods and refined foods. â€Å"Keeping portions in proportion. (Cover story). † Harvard Women's Health Watch 15. (2007): 1-3. Academic Search Complete. EBSCO. Web. 15 Aug. 2011. This article gives very precise sugges tions for changing the amount of food one consumes. It has a nice chart detailing exactly how big a serving should for every food group in the food pyramid. The chart uses everyday items for comparison so everyone can envision the correct size. The authors suggest training your eye for serving sizes so when you are eating out portions do not get out of control. Another suggestion is while eating out divide the portion in half when it is served and take half of it home to eat at another meal.The article brings to our attention that portion sizes have increase 100% over the years. For example: fountain drinks used to be 7 ounces but now can be up to 42 ounces. Eating filling foods such as whole foods that will keep you feeling full longer will cut down on snacking between meals. The purpose of this article is to remind the human race how much a serving of food really is and just because a huge plate of food is set in front of you, you do not have to eat it all in one sitting. It clear ly places the blame for overeating on the individual.The article was really written for the general audience even though the title suggests it is written about women’s health. The authors included sources from the American Health Association and the USDA. It was written by affiliates of Harvard Medical School which is an accredited institute whom I believe thoroughly check out articles they publish. Harvard was established in 1636 and since then they have been educating our medical professionals. The article included survey results from a variety of Universities concluding that people ate more based on the amount they were served.Other resources used for this article include the United States Dept. of Agriculture and Centers for Disease Control, both are highly respected agencies. I will use this information in my research paper by knowing the correct serving size for foods, especially my favorites that are high in calories. It will help to know what a serving size looks like and applying a few of the other suggestions for portion control. I like the following ideas: Using smaller dishes while eating at home; fix your plate then sit down and do not go back for seconds. The First Line of Defense: Portion Control. † Running & FitNews 28. 2 (2010): 6-8. Academic Search Complete. EBSCO. Web. 15 Aug. 2011. This article reminds us that more does not mean better when it comes to mealtime. We all know to lose weight we have to consume fewer calories and move more. According to this article it is harder today than it was twenty years ago because portions of food offered to us are much larger than they were then. Being able to visualize a recommended serving size is your first line of defense in controlling your calorie intake.There is a chart included in this article which relates serving sizes to everyday objects. The author reminds us that caloric intake is not one size fits all. An active man may require 2200 calories a day and an active woman may only require 1800 calories per day. The purpose of this article is to help the average person realize and visualize a recommended serving size set forth by the USDA Center for Nutrition Policy and Promotion. The article brings out a few common mistakes people make when sitting down to a meal and gives us a clear idea of what a well-proportioned meal should look like.It tells us that making small changes in the amount we eat can lead to significant weight loss over time. The article is written by staff members of Running and FitNews. The Running and FitNews editorial board is made up of many medical professionals. There are mainly M. D. ’s on board but also a scattering of PH. D’s. Knowing so many medical professionals comprise the board for this publication makes it reliable in my opinion. The information in this article will help me visualize and strive toward correct portion size in the future.It will help to know that your size, age and how active you are determines your caloric intake per day. I had no idea a recommended serving size of pasta is one half cup or as the chart displays, half of a baseball. This is good to know since the average person tends to steadily gain weight as we age. Young, Lisa. The Portion Teller: Smartsize Your Way to Permanent Weight Loss. Random House, 2005. Barnes and Noble Online. 13 Aug 2011. http://my. barnesandnoble. com/ebooks/ebookslibrary. html This book starts out telling us that our national weight problem can be attributed to how much we eat not what we eat.The serving sizes have grown by leaps and bounds since the 1960’s. The author conducted her own research providing many charts throughout the book stating many portion shockers and comparisons of sizes Chart: portion shockers; stadium size went from 82k 1920 remodeled to 49k top selling women sz 8 to 14 in 20 yrs, queen sz bed 6 in lg than in 1970. Bus seats are 18 in up an inch fr 1997. Europe serv sz smaller than us. By reviewing the charts clearly americans r being served twice as much as before . 5 c of spag = 32 strands 302 strand = 2lbs Given more we eat more 000-2600 calores a day Sedentary women and young child shld eat less Active men and teen boys more Many experiments by experts performed. U cant tell amt of calories by looking at dish Down with diets they don’t wk, the do not address the larger sizes of food portions or lack of understanding what a recommended portion is. Author teaches us to understand food groups. To make Healthy choices from each food group and to estimate portions. Charts consistently reinforce the expanding sizes of everything from drinks to desserts. Cheesecake 14 oz @ 1560 cals.Solo cups were 7 oz in 1950, now they sell 46 oz. Author was a mgr weight loss ctr then nutrition counselor for weight loss programs. This book teaches us standard serv sz, how many serv to eat per day fr each grp She teaches us how to learn to eat correctly not to diet by cutting out our favorites. She gives us an eating plan. Helps us to understand food labels and calorie and nutrient content. 6th ed. Of dietary guideline e for americans emphasizes c and oz. 2005. Usda differs fr fda serv sz, differ criteria. Fda pasta sz= 2 cups uncooked which = 1c cooked, usda . 5 c cooked pasta. Pg 33

Cultural shock essays

Cultural shock essays The day was finally here. It was November 11, 1990, the day that our family was to go to  ¡Land Of Liberty. ¡Ã‚ ¯ I heard so many different things about this country called United States of America and I was warned that it would be nothing you ¡Ã‚ ¯ve expected. The plane ride did not seem as long as it was; partly because I was lost in my own thoughts with hopes and anxiety. I thought about what I will become in this massive country I was headed and how soon I will adapt to this new culture and people. Every bits of hope I had faded as we drove to our new house after the plane landed. All I saw was open space and emptiness; something I did not expect or was prepared for. I lived in urban part of Korea all my 9 years of life and I was never aware that there could be any place as empty as I was now. I was a bit relieved when we reached our 2 floors, 6 rooms house in Northbrook. It was like a castle to me. My father told me that this house cost as much as the little 1 bathroom, 3 rooms apartment we had in Korea. As I was getting used to the castle we have just bought, the emptiness filled my heart again. I looked outside and saw houses across the street. For a week, I thought those houses were stores. Living in Korea, everywhere you look out, there are myriad number of stores everywhere. I could not get used to this suburban life that nobody ever warned me about. My next cultural shock came when I attended my uncle ¡Ã‚ ¯s Thanksgiving dinner. For the first time, I encountered what seemed like a gigantic chicken: turkey. There were many other foods besides the turkey, but overall, I was overwhelmed by the abundance of food at such low price. I began to understand why there are so many cases of obesity in America. I couldn ¡Ã‚ ¯t escape the abundance of food either. I gained so much weight as I got used to American food. I got so chubby to a point where my relatives did not recognize me when they came to visit us f...

What are the main causes of social exclusion Essays

What are the main causes of social exclusion Essays What are the main causes of social exclusion Paper What are the main causes of social exclusion Paper Essay Topic: Sociology Social exclusion occurs where individuals become excluded from mainstream society, thus placing them at a disadvantage in terms of life chances. Contrary to the common view that social exclusion is confined only to council estates, individuals from teenage mothers to older adults of various socio-economic levels and family types can easily become excluded from society. This essay shall explain the common occurrences of social exclusion within council estates and their causes. I shall then proceed to discuss the strategies used by various housing organisations to combat the problem. According to the government the Office of the Deputy Prime Minister, Social exclusion is a shorthand term for what can happen when people or areas suffer from a combination of linked problems such as unemployment, poor skills, low incomes, poor housing, high crime environments, bad health and family breakdown1. To be excluded from society is not a situation exclusive to residents of council estates suffering from disrepair; individuals become excluded from society when various factors2 prevent or limit their ability and opportunity to participate in the mainstream of society. The following are commonly reported examples of social exclusion. One of the most common examples of social exclusion occurs in council estates, where the residents are generally not content with their living conditions but feel it is the best they can gain. They typically spend most of their time in the home or around the estate, rarely venturing out of the surrounding area. The majority of their life surrounds socialising with family and friends. This estate life is therefore important to them because it occupies such a large part of their lives and provides the large majority of their social contacts. Such a resident will have relatively low levels of aspiration and motivation, which is commonly the result of feeling stuck in low-level employment3 or having to rely on social security and other benefits for a relatively long duration. This is known as the benefits trap. They are also poorly qualified4 and skilled, sometimes with low levels of literacy. The type of people who live in this situation do not perceive the high rates of joblessness or increasing disrepair on their estate as significant problems and take it all in their stride. As a result, they accept: o The level of crime, caused mainly by drugs misuse and the anti-social behaviour of other residents. o Their actual and expected levels of relatively low personal achievement and educational attainment. o Qualities in their environment that wouldnt normally be accepted within mainstream society, such as prolonged disrepair and noise pollution for instance. o High levels of pressure from peers to conform to their activities and standards. The main cause of this common example of social exclusion was the major shift from the manufacturing industries to service industries, mainly over the last two decades. This shift was propelled mainly by the fall of the Keynesian economics and the rise in free market economics. The Thatcherism approach adopted by the conservative government of that time also increased the competitiveness of the services sector, thus improving the sector for the public and making the sector more efficient and profitable. This made many redundant from society as a large proportion of people that were skilled in the manufacturing sector made unemployed and left in a generally unsuccessful search for employment. This is because they are not skilled or experienced in the service industry. This was further worsened by the use of ineffective5 and inflexible housing policies; the under funding of public services, which in turn led to the deterioration and withdrawal of public services from housing estates. As a direct result, those that could move out of the area6, did move out of the area, resulting in the residualisation of the social renting sector as council housing becomes a service for those who can not afford to buy (Forrest and Murie, 1990)7. The housing estates have become poorer places with more unemployed residents, less adequate services and a poorer physical and social environment. When those with the opportunity leave the area, it becomes much more difficult to reverse the process of residualisation through renewal and regeneration of the estate. On the other hand, various factors such as inertia, the feeling of little worth and not being able to aspire to achieve more, lack of security, poor educational facilities for children, poor job prospects and a worsening environment, are all valid reasons to move away. Having grown up in the area, however, many feel tied and are reluctant to leave, despite the fact that the quality of the area has deteriorated. It is easy for single parent families to become excluded from society, when there is little or no support available within reach. This is another common example of social exclusion. Most of the young people in such a situation who had been jobless since leaving school had also experienced a troubled upbringing and an unstable family background; many came from broken homes and had been brought up by various different adults, the partners of one of the birth parents, for example. This causes disruption in the childs life on various levels including education. Many studies into this area display a relationship between poor childhoods leading into a poor adulthood, causing repeating generational life cycles. This leads onto the next common example of social exclusion There has been an increasing governmental interest of the government in the anti-social behaviour of teenagers growing into anti-social young adults. More positive attitudes to work and life can be found amongst young people whose parents were working or had worked for most of their lives but on a low wage. There is increasing awareness of the social exclusion of pensioners, especially those found on council estates. They are scared to leave their home, and so choose not to unless absolutely necessary. There is no adequate support for them and there are recently reported high levels of poverty8 amongst pensioners, as those with supplementary incomes rely solely on governmental assistance. About one million pensioners have no income other than the state retirement pension and benefits. Their vulnerability is underlined by figures showing that they spend about half as much on food as those with private incomes. Those with supportive children rely on them to perform basic task such as essential shopping and they are usually the main source of their social contact. Without this, they become prisoners in their own home, paranoid and reclusive, increasing their risk of mental and physical health problems. Other types of individuals that can become excluded from society are ethnic minorities being both a minority in the country neighbourhood, ex-offenders and the homeless and their difficulties with rehabilitation, people with language difficulties, medical problems, and mental health. Due to their heavy dependence on their local area, local facilities of all types are needed. The stigma and reputation of areas further affects residents in seeking jobs and in a variety of other contexts (Lee, 1998)9. Typical qualities as described by Professor Paul Spicker of poor estates are10: o Vandalism As a result of the inadequate space for children and teenagers to play, both in or out of their home. o Rubbish It may cost money that the local authority does not have to pay for the removal of large items of rubbish (such as old furniture). o Home maintenance The maintenance of homes and gardens costs money for equipment, which many poor people do not have. o Lack of community facilities Shops and facilities are not economically viable and so are not invested in. o Empty housing Housing is left empty because the area is unattractive. In comparison, a bad house in a good area would still be taken. o Design There is a clear connection between bad design and problems such as vandalism, rubbish and graffiti. The problems with high-rise blocks have been lack of play space, isolation, disposal of rubbish; noise insulation, reliance on lifts which are often dirty, vandalised or broken; inadequate water pressure, and insecurity because of fears of fire, building movement or crime. Housing organisations are in place to aid the implementation of the housing policies and legislation of the government. In further detail, housing organisations are in place to improve housing services and facilities, making them more effective; improving educational and employment opportunities, which invests in the future generation in the area; to manage funding and to improve the level of tenant involvement through participation and consultation. This helps to determine the needs of the community and its area, giving their strategies the increased likelihood of being effective in the particular area. This also enables the decision makers to prioritise more effectively and makes the tenants feel more involved, as they are aware of the activities within their own area. The Joseph Rowntree Foundation11 is one of the most prominent charities in the UK in this sector. It aims to contribute towards policy making and the development and implementation of current policies through their extensive research in the areas of housing, social care and social policy. Another housing organisation contributing towards the improvement of the social housing sector is the Housing Corporation12 who provides funding using public money for housing associations to provide sufficient homes and services for its residents. Through regulation, the Housing Corporation ensures that these homes and supporting services remain sufficient to the needs of their residents for the foreseeable future. Such social housing organisations are taking on a much larger and influential role in the governmental drive for economic regeneration through social regeneration. This means that through past experience of failed and poorly designed strategies, the government now acknowledges that they must improve the public that they serve and their quality of life for the economy to improve. The following is a summary of a good practice case study carried out by the Housing Corporation on the East Thames Housing Group: o The East Thames Housing Group13 is based in Stratford, East London and currently possesses eight thousand units. o They are involved in the Single Regeneration Budget14 and the City Challenge15 and are said to have good links with local authorities. o With the help of funding from the European Union, the ETHG ran two series of a project entitled Youthstart16 throughout the years of 1995 to 1999. Youthstart was aimed at young people who are viewed by the government as being the most vulnerable to social exclusion. o Through Youthstart, the young people who took part in the project were provided with accommodation, training and further enhancement of their employment opportunities. According to a new study by David Page, the governments war against social exclusion and anti-social behaviour is a race against time to prevent already troubled social housing estates from deteriorating further17. The increasing popularity and frequency of use of the term social exclusion reflects the governments appreciation of the importance of this large issue. As mentioned previously, individuals of various socio-economic levels can easily become excluded from society. Social exclusion is not just about being poor and living on a council estate; it is about literally not fitting in with society. This encompasses an individual not being able or having the feeling that they are not able to go about daily duties that the average member of society performs. This includes shopping, travelling and socialising, but to name a few. Housing organisations such as the Housing Corporation are funded by the Single Regeneration Budget and the City Challenge. Housing organisations are also developing their intra-organisational relations by involving themselves in various anti-poverty projects, mainly through the New Deal for communities18 and social exclusion projects through the Social Exclusion Unit. The deterioration of council housing stock has intensified the social divide between home owners and council tenants. Disadvantaged residents and their areas require constant attention and support. The levels of tight to insignificant budgets and mismanagement of staff and funding have left public services in a poor condition. This needs to be improved if they are to contribute towards the betterment of the troubled estates. Whether such council estates will improve or continue to decline will depend on the response of its residents and the efforts of the local government and their housing organisations. More needs to be done to retain the current residents on the currently troubled council estates in order to prevent further residualisation of the social housing sector. Participation in community-based activities is an important mechanism for social inclusion19. Tenant involvement through the constant use of consultation and participation is one of the major solutions to social exclusion on council estates. It is likely that initial efforts will be met with resistance but persistence is necessary if attitudes are to be changed reversed in order to function in the mainstream of society, rather than anti-socially. The government and their housing organisations have lost the trust of those that have become excluded from society and left to take care of themselves. This has inadvertently created an exodus of people with particular group norms that do not fit in with mainstream society and so are considered anti-social. Those that are socially excluded but do not fit into such group norms are greater victims, as they are totally alone and so receive the worst treatment. More consultation and tenant participation in plans for regenerating the area. This will provide a greater sense of commitment for the residents and enable them to take more pride in their neighbourhood.

A Story of a Girl Who Can Make People Smile

A Story of a Girl Who Can Make People Smile Everyone has a story. And its that story, good or bad, that can help change another persons life whether it is minor or drastic. What I hope to accomplish, is to be thought of as reliable, honest, trustworthy, and good natured. There will be many times during my life when I will move on from a job, from school, from a career, moving on to new friends, and in some cases leaving old ones behind. I hope that when those people think of me, and the past and experiences I had with them, that they smile. Starting off with high school, I would like to be remembered as the girl who could make anyone feel better about their self. One of my biggest goals amongst my friends, and people in my life is to brighten their day and make them feel good whether its from a simple compliment, pep talk, or just something funny or inspiring I said to them. I have always been told that I have a gift for making people smile, which feels great to hear. I also want to be remembered for being trustworthy. To me, that is one of the most important values in a friendship, or any relationship with anyone. In high school, I feel that finding a true friend who is trustworthy is very rare. Ive had several friends that have gone behind my back and said things that were unkind, or done things to sabotage the friendship I had with them and that has always been a deal breaker for me. Because of that reason, I have always held the values of honesty and trust dear in my heart, and promised myself that, no matter how hard it was, I would always keep those traits present and, hopefully in turn, be remembered for it. A lot of people want to be remembered for their GPA, intelligence, looks, or their athletics, but those things only go as far as helping yourself. These things also dont help you in the long run, as far as a career and future relationships go. To my future, past, and present coworkers, bosses, teachers, and classmates, I want to be remembered for being reliable. This is very, very important to me as well because as a student, friend, classmate, and coworker, being unreliable can cost you that job or relationship you have with those people in your life. Ive made it a point to always be on time, be trustworthy, honest, diligent, and reliable. Because of this I have grown to have a great relationship with my boss, teachers and other people that I have professional relationships with. My teachers and bosses always tell me how reliable I really am, and for that reason I have even earned the label as a star employee, with the job that I have now. For this, I hope to continue to be remember ed for my good work ethics and reliability. I want my story to be, a story of a girl who could make people smile because of how good natured and sweet she was. I want to be known and remembered for my honesty, and how reliable and trustworthy I am. These are all qualities that some of my truest friends and some of the most good hearted people I know have, and these people inspire me to have these qualities as well. I want to be remembered as a girl who could make people feel good, and in the grand scheme of things I would like to just be remembered as a good person. If people think of me and smile, then I know that I have done a good job.

The use of drones in the United States Essay Example | Topics and Well Written Essays - 750 words

The use of drones in the United States - Essay Example However, there is a lot of debate that have been sparked on the legality, efficacy and morality of this practice, even though, capable drones have versatile uses. In the current times, the Federal Aviation Administration (FAA) was ordered by the Obama’s administration to come up with a plan in order to permit unarmed drones within the United States airspace. Such a decision was as a result of the tremendous demand arising from different stakeholders such as Border Patrol, police, agencies, organizations and businesses in their quest to use them in future. This paper addresses the pros and cons of the legalization of drones for commercial use by companies/organizations in the United States. The pros of the use of drones in the United States by border patrol police, agencies, organizations, and businesses. Drones can be used to save lives. These devices can be used to reduce significantly the frequency and exposure of military personnel during war. Another benefit of drones is the low cost. These devices are affordable when purchasing and the costs incurred in maintaining or fueling them are significantly lower compared to ordinary and regular airplanes. Needless to say, there is low risk involved as a result of military hardware since these devices are comparatively smaller and can, therefore, fly at lower altitudes as opposed to the traditional airplanes. There is the benefit of comparatively longer operational hours without any fatigue. This is because drones do not have human pilots and can, therefore, stay in operation for a long time.

History Essay Example | Topics and Well Written Essays - 250 words - 5

History - Essay Example At the core of the issue was their original demand for representation but not independence. The American leaders knew that the nation is destined for greater things than just being a colony. The economic atmosphere was likewise that of a new beginning; for the country was on the verge of becoming a great economic power herself due to its vast natural resources. The former British colonizers were exploiting American resources for export to its own colonies. The primary domestic concern of the newly-independent Americans was to preserve the nation so it will not fragment into small independent states. There were some frictions with the slave-holding Southern states such as the 3/5 clause which gave these Southerners a big political clout for every slave owned (Amar 17). Hyper-inflation was a big issue (Trask 1). Throughout much of Europe, the people there were overthrowing their own monarchies and tried to give back power to the people. The French Revolution, for example, tried to do t his by toppling their own king because their political structure was based on feudalism. The American framers of the constitution tried to imagine every political possibility that could happen in the distant future by integrating flexibility such as that by way of amendments. It also ensured checks and balances by making the three branches of government co-equal.