BAD DEBT

Scenario: You work for Jules Ltd and a customer’s invoice of £440 has been outstanding for over 1 year and management have decided to write this off as bad debt and the company is not VAT registered.  Double entry posting: DR: Bad Debt account                    £440 CR: SLCA/ Debtors accounts        £440 Reason: In writing off … Read More

PERSONALITY DEVELOPMENT

The best way to build a healthy personality involves understanding yourself and your feelings.  Self-Disclosure:                                   This is achieved through the simple exercise of self-disclosure. For you to truly understand yourself, or to stop being troubled by things that may … Read More

ARE YOU GOING FOR GOLD???

It has been a great level of achievement for team GB in the Rio Olympic games. What a wonderful performance by all the athletes and what an improvement in the London games. As a nation, there has been a lot of investment into the Olympics; massive research and developments and financial commitments. Have these investments … Read More

GO FOR GOLD

What a brilliant job done by all the GB athletes in Rio Olympics games. It is definitely a job well done from so many individuals. I can only just imagine the amount of hard work each of the athletes put into their training programs and for all of such hard work to result in a … Read More