-Legislation SN ee = ‘Legal Practice Ac 28 J PASAY A ‘ ® To protect the inberesus of olvenbS a : by attorney Ree ~~ < vv (Seperate Truse Bank, Recount ee cy —s WA te ® Computeory Client’ to bes clepontiel Uameuaicly a eee s \ Anvecement of eurplus, brah. mangy ‘eae olwenb nroney can toe, inuescec!~ Sy na as (nkexesb- bean qocounk UE noe Ummecluabely nesblec| BE > Interees Earned on truce baniaing acocun’ \ and on inuesements mace, NEAR ee a rE To be paucl aver 60 the Baton Fidelity RunclTieress Earned on tnbesemiend ct i c eruse money @ Legal Dracvice ices a3 St eho cent 5X b he oe Funcl - ; Cheeping ¢ oF > proper Rooounkang aoa Uae Ay Aten oe @ Recoms is Should refkleck ooo ee Money ones: and tntereso PreCucu Ie in be brueb unugesment ,d oc: : ancl unsoWwenb e26ak7s ? Any other releuanb deballs ar Trust | Money = Taenbiey wED ——— 7 énbrown 2% “Vovep cud) obo 6S Ure PUD furd ofeer gear Ley @ The ouner sity retains mre. bo daum®Money reflecs d tn the brace Dan, accounts People |In seceemns co Vackice wes, Unust 5 ES C CCUG oS eS mor ® Clients whose, u & tn the Gusb « (he oO Tnveeer eNOS) ®Fundle which have been GLeseredbad Ctiscreascry Of the practiceEquabton: F NN, ( Recounting Eng 4 2 @ Businece oe led aaa unlb From Lys auners For eee Purposee 6 ¢ Resers J / @whaba bueineee OuNS © Reso.urce conbrolLed by an ies Currenb. Assets pear aseebS * ® Lifespan less ehan | eLase more: than.a year |.o yeour | » eGenerae econom iC “B Cash or easy | convertable uno | é | cash @Nove For resale, | |fiiccivies > ‘ A 2 AAG e@uwhab a business OWS @ Present oblugabion aveUng From pas _ELONES : L | Curren f Non- curren’: : 9 (2 Royale wuchin | @ Payable. over a One a yeour U Year penodl Saree Fo 5 ¢ Cunnenaal anes sf — @CaptbocL)-> Money paw ww the business _ @Tncon Pwhab the business is earning ~ Y 9 Expences-® Money used fer the business SrawningS-* Money aren Cub oF he business The Bccounking Sysbena F Racounteand che ledlger- _) @ when thea wens are conlertecl theo gocounte the column is .clWolee! tnto Gua sides one side (increases +) the obherm decreases (-)© Each account has a Lee sid2 anda rughe Side ard an accounb name and an aecoci & Number ts alloted to each accouno @ The Ledger is acollection oF acccunes un Which all the eransaceiens oF an eNterPNee are recordech : @ ‘. 4 & Tete edo ‘Bppi Bice il (Debit Side) (chectie Side) Basic Recountang Equation Pscebs = pr ourer Fait tables @ Assets have balonceson the, dette Sicle < (the Left Side Whereas cunnens EX .s and Wabuitiée have balances on creat Side (Mghe Se) OF an eaccuné ® Balance of an agocunb increases on the SAMS Sid& and decreases on the OPFOSLEE. Side @Ascebs increces on the debs sicle anal Clecredee on the creclib Sie Whereas QUUNENS Qi anc] Wabuunes increase cry credit side a the nghe hanol Side eefisispeaen cic of acco nbs ato ; tasie 4 greure Ne @ Recounts are CLOBEIFIed into tio hoBICe * groups bakance eheeb accounts ancl =~ Nomina accounts a . efssets. @LLolbULbIeS i Balance sheee Owners Equiey CCU a *Capubaub cle a @Income pNominal accounts “ _@ Expenses 2 Balance Gheeb Accounts -P ALL acccunes appediney ty the statement. oF FinancuaLh eee 2 NavitoLt Accounts PAW accounts eoecmniG inthe contemeno GP PRRY Or LOSS 8 Oa £ Resets ei = Lele arte on Ee KOBIO AccOUINIRG EQuaLGIonN ~ @Debub Balances on the, @Inorease with entertés on aac ete @ Lecce WWE entenes on the areclb side,_ Non-Cunten’ Asses @ Land and Buuclungs ® Fumaue @ Equinmenb @ Venidles @ Machine @ Law worry Sine sare, ay @ Debtors Cclents , e0 Cash Go on hancl @ Cash in the bank e@fccruec! come oe Prepare Expenses Ladies @Righo Side of theaocounting. equcaeien © Créclib Balances on.the Ledge » © Trcrease on the credit Side © Decrease on_the dekit sicler Non-quument, o term (cans, © Horegage Loans@ focrued Expenses < a eS a Fanica. bi Aeooune X @ Right hand ene OF accounting eCuabicry ®Creclub baWLance tn the Leclgrer> se @ Inoreaces with enbenes of Ere creciie side w eee ne 7 & Reet in a decrease tn owners equi @ Hae a debib baLance tn bhe-Leciger ® Troreases wuth entenes obre cleloLb Sicley @ TF Ene awwnerr mares a drawing le Is _ Ghown as an uncrease un alrawi ngs Toceme ‘ S @ Trorease thab result in an Uncre ase Un OWNERS EQULKY A \ ® Credib side of the Leager~ ~ @ Increases wuth entengs on thearsdllo Side, @ Cecreases (wlth enteneson the diet o- edecae eased @ Ken’ INooMNe @ Collecbion KES earmec! @Dividerecl UNICOME - @ Diecaunb Reaeed b @ Profle on eale ofaseeoS ‘ @Bad Deburs recovered @0e0reAEe LN OUNENS EQuUY @¥\as a delbtb total un the Leger 7 O Troreases, Wwiubh enteres ondebls Side @ Decreases WUbh envenes on cedupsd’ © Colanes Iwages @Seabioner usecl: 5a @Repavrs @ Fuel used @ water ard Electricuy @ Telephore, ) @fdversemencs ‘ 1a > @ Reno expense @Licerees @ Property Tax @ Insurance “ @Banks Charges Olnterso Expersce rs @ Shei opereeS @ Pdvocate fees @ Bod habusA ae 9 nn OOO “Element Ceckement of Profs or loss ‘ore. an oncenia of. Financicwy Performance, ROA A AR FS SSE SSS B Le ts a report compiled to determine’ the neb profib.or loss for te DUsINESS €or a certoun jpencel WExpenses for. a pencol are eulbbraceca| From bhe tncome oF thabepaaifio pencol WTP income is greaber~ onan the expenses then the business makes a profi@ X10 the expenses are more Enain. Gh Uncome the ousines® UNCLES a LASS ’ Income - Expenees = Neb Prot | Lass - e @Previcusly Balance Sneeb @Peports on he Rnanccal poscsuan OF a ; business @ Based on che elements of theaccounbney equaton Pwr Equty = Assets ~ Liable ss _@ns a Neb aes asa percentage, ESN RAL AA "et ‘Nep profin bekore tomar + Tnberwsb x 100 lo Fees Bf LE Weeahos a 29.000 — |200)+ JOO x 100 S08 COO = 50% OOO _ O.QA21x100 = co a : : = Profucabuuury oF ee enberprie f eS aan 1co Toua average aceeoea - Btecar average assebs ~Loceebs oR current ec taseees of previous yeour #2.“20.007 9000 __ £262 coo +227 €00)=2 J 4 39.000 __ x oo. 249000. 1 O.ISQG1L x (OO Js. ° SS fe , Retuum on ONES. YUL - ——~ x1O® Neb profi before baxcubin + inéeesé Average Shourehclclers equky e DNverage sharehelolers E = Ursharehecore Se ctr SHE 9 ; }+(Shareholclers eqwiny oF Che, Beene yeards 2 ce nee a CE ee tar Ee a x_100 10176 400 +142. 300) 2 39 090 | 1Sq GOOy i fA 0.24436 - 4 € 24.4 CONG NOOR OS Se \ \ ProfusalouLuey oF the ous) dle dnvesisment ae 1200 _ x 100 ag00. 4 - 0.126 x00 ~ 6S > ee oo a Seen per Shares Ask A VA So Neb profs afven GaxabicoN — leo. Number of oraLunicuryy ShCues a 21) GOO x LOO ISO 000 as O44 x[OO job gs—— NN “Dividend per grare 3 tA i ae Number~ oF shares iséeel 18.000 x joo ISO 000 a 0.6\2 x10 a aS nT i + Growth Rablo of Ree incor ees £08 000-499 COG x 22 : 499 000 0.0180 x10 TINTS(16 — @ 26.200 | 116 400 0.437 sgge. 1k . hanes ae Current asses Current WalulLbies 124 400 26 COO 4.794 ATG t Tica: .“Debtors Colbection listed ae IOCe ss. Fees equmecl a MAverage dehobs = | Debsors oF auurent year - elbeors | OF Previous Yyecur~ = 2d 1(31 eco +63400)-2\~266S x JOO S00 000 q 18 000 x 36S x1CO =O coo a $4719 X >» ~~~ oe . 7 Interesb Couer~ 3 A Ae @ Neb profus tTnteres x |O@ Tnuest patd 20.000+ 9000 _ , Joo aoco 4 29 009 x loo q G0 Fe eyNN SS ee ~~“ Vide) cover oF ordincury Shares, (bedere casero extras —“— Nee prob ater ox Ino Oraunay Diviclencls q 21600 _ x I~. _ \8000 d