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‘Salvation’ by Hughes
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‘Salvation’ by Hughes
In the narrative ‘Salvation,’ Hughes starts crying at the end of the story because he felt guilty for telling a lie. His aunt beloved that he cried because the holy ghost had come to his life and that he had seen Jesus. The narrator says that he had lied in church and he could not bear to tell his aunt of the deception that he had not seen Jesus and that he no longer believed in him since he never came to his aid. Therefore, Hughes felt the guilt and resulted in crying.
Hughes was not ready to be saved and this is evident in the first paragraph “Then just before the revival ended, they held a special meeting for children, “to bring the young lambs to the fold.” My aunt spoke of it for days ahead. That night I was escorted to the front row and placed on the mourners’ bench with all the other young sinners, who had not yet been brought to Jesus.” In this excerpt, Hughes clearly explains that he was forced to surrender his life to Jesus just like it happened to other young kids. He uses a negative language that indicates he wasn’t interested but forced as he says that he was escorted and placed on the mourners’ bench with other young sinners.
Hughes’ aunt described to him that when he was saved, he would see the light that symbolized Jesus and that something was going to happen to him on the inside. Besides, Jesus is going to come into his life and that God will be with him from that moment of being saved. She further continues to say that Hughes could see, hear and feel Jesus in his soul, something to which Hughes took it literally waiting for Jesus to come into his life.
Freedom choice is an important part of a person’s life, and therefore a person should not be forced to make decisions especially for matters that directly affect their lives. In the short story ‘Salvation’ the author is trying to say that an individual cannot be forced into believing or feeling something into which they are not willing to, but they should be allowed to choose for themselves according to what they perceive to be the right reasons. In the story, Hughes is forced by her aunt forces her to get saved but it was against his will. Hughes says that he was escorted into the bench of mourners along with other young sinners and this implies that he was forced into being saved.
Being forced to accept something that is not of your choice does not work as Hughes lied to the church that he had seen Jesus. “I had lied, that I had deceived everybody in the church, and I hadn’t seen Jesus, and now I didn’t believe that there was a Jesus anymore, since he didn’t come to help me” The author is able to achieve his purpose as he uses a story based from his life providing an insight of how forced choices ends. Another thing is that children should not be forced into things merely because adults are involved in it. The decisions by the adults may not always be right, and children should be consulted and provided with the freedom of choosing what they like. Forcing a child to accept certain beliefs is more of coercion and against the rights of children. Besides, it should be known that forcing a person into accepting choices affects their emotions. From the story, Hughes was placed in the same situation, and it is evident that he lost faith in Jesus in that he doesn’t believe in him anymore. The author’s point is to allow people to choose without coercion.
Works Cited
Hughes, Langston. Salvation. Films for the Humanities & Sciences, 2002.
How does this transaction impact the accounting equation
TCO 1) Suppose your company sold $60,000 in merchandise to a customer for cash. How does this transaction impact the accounting equation?
Solution:
Accounting Entry:
Cash Dr.$60,000
Sales Cr.$ 60,000
Accounting equation =Assets = Liabilities
In this accounting equation, cash will increase by $ 60,000 and inventory will be decreased by $ 60,000. These entries will impact on assets side.
(TCO 1) Suppose your company paid $18,000 in cash for its rent. How does this transaction impact the accounting equation?
Solution:
Accounting Entry:
Rent Dr.$18,000
Cash Cr.$ 18000
Accounting equation =Assets = Liabilities
In this accounting equation, cash will decrease by $ 18000 and liabilities also decreased by $ 18000.
(TCO 1) Suppose your company sold $22,000 in merchandise to a customer for cash. How does this transaction impact the accounting equation?
Solution:
Accounting Entry:
Cash Dr.$22,000
Sales Cr.$ 22,000
Accounting equation =Assets = Liabilities
In this accounting equation, cash will increase by $ 60,000 and inventory will be decreased by $ 60,000. These entries will impact on assets side.
(TCO 2) Suppose your company purchased $50,000 in merchandise from a seller for cash. How does this transaction impact the accounting equation?
Solution:
Accounting Entry:
Purchase Dr.$50,000
Cash Cr.$ 50,000
Accounting equation =Assets = Liabilities
In this accounting equation, cash will decrease by $ 50,000 and inventory will be increased by $ 50,000. These entries will impact on assets side.
(TCO 2) Suppose your company paid $10,000 in cash for its advertising. How does this transaction impact the accounting equation?
Solution:
Accounting Entry:
Advertisement Dr.$10,000
Cash Cr.$ 10000
Accounting equation =Assets = Liabilities
In this accounting equation, cash will decrease by $ 10000 and liabilities also decreased by $ 10000.
(TCO 2) Suppose your company sold $25,000 in merchandise to a customer for credit. How does this transaction impact the accounting equation?
Solution:
Accounting Entry:
Accounts Receivable Dr.$25,000
Sales Cr.$ 25,000
Accounting equation =Assets = Liabilities
In this accounting equation, Accounts Receivable will increase by $ 25,000 and inventory will be decreased by $ 25,000. These entries will impact on assets side.
(TCO 3) Opportunity is one of the components of the fraud triangle. How can a company reduce opportunity as a fraud risk? Give an example of how someone could use opportunity to commit fraud and how the company could reduce this risk.
Solution:
A Company can reduce fraud through internal control. Example: Cashier can give cash to an employee without proper authorisation in voucher. This fraud can be reduced through internal control. Internal control can be used in following ways:
It should be such that no individual can override the internal control system.
It should provide segregation of responsibility, so that no misstatements can be committed easily.
Specifying Authority to authorised voucher.
Preparation of periodical reports on timely basis.
(TCO 3) Pressure is one of the components of the fraud triangle. What types of pressures do people face that could lead to fraud? Give an example of how pressure could lead to fraud.
Solution:
Pressure is also leading components of fraud. Performance pressure is a major cause of this. If a company paying wages on piece rate basis, in that case if an employee is not producing up to the standard production, then company will deduct the salary. To avoid this situation, worker will reject material and stop the production.
TCO 3) Rationalization is one of the components of the fraud triangle. What types of rationalization could a person use to justify misconduct? How can a company protect itself from rationalization as a part of fraud?
Solution:
Rationalization is one the components of fraud. If an worker does any mistake due to negligence or lack of system knowledge, then they start justifying the misconduct. Company can protect through internal control in following ways:
Specifying authority to enter into transactions.
Safeguarding of assets.
Recording of transactions in the account correctly.
Fixing responsibility for work done.
(TCO 4) What is horizontal analysis of financial statements? How does horizontal analysis differ from vertical analysis?
Solution: Horizontal analysis looks at amounts on the financial statements over the past years. The same analysis will be done for each item on the balance sheet and for each item on the income statement. This allows you to see how each item has changed in relationship to the changes in other items. Horizontal analysis is also referred to as trend analysis.
The main difference between Horizontal and Vertical financial statement is in vertical financial statement every items converted into percentage whereas in Horizontal financial statement, it will compare with previous year.
(TCO 4) What is vertical analysis of financial statements? How does vertical analysis differ from horizontal analysis?
Solution:
Vertical analysis reports each amount on a HYPERLINK “http://www.accountingcoach.com/blog/what-is-a-financial-statement” o “What is a financial statement?” financial statement as a percentage of another item. For example, the vertical analysis of the HYPERLINK “http://www.accountingcoach.com/blog/balance-sheet” o “What is a balance sheet and why is it prepared?” balance sheet means every amount on the balance sheet is restated to be a percentage of total assets and in Vertical analysis of an income statement results in every income statement amount being presented as a percentage of sales.
The main difference between Horizontal and Vertical financial statement is in vertical financial statement every items converted into percentage whereas in Horizontal financial statement, it will compare with previous year.
(TCO 4) How does vertical analysis of financial statements differ from horizontal analysis? Which method do you think is a better analysis tool?
Solution:
The main difference between Horizontal and Vertical financial statement is in vertical financial statement every items converted into percentage whereas in Horizontal financial statement, it will compare with previous year.
As per my opinion, Horizontal analysis is better than Vertical analysis of financial statements between it provides previous year data for comparison.
TCO 3) Physical control is a key feature in an internal control system. Why is physical control such an important internal control? Example of physical control as an internal control.
Solution:
Physical control is very important for internal control. There are number of tools which are using for review the Internal Control System:
Complete and exhaustive detail of system. Example: For inventory control evaluation, it contains documents prepared, employees discharging various duties, various stages of stock movements etc.
Complete audit checklist is made and verify by senior professional.
(TCO 3) Prenumbered documents are a key feature in an internal control system. Why are prenumbered documents such an important internal control? Example of prenumbered documents as an internal control.
Solution:
Prenumbered documents are very important for internal control. Prenumbered stationery is used in places where numbers of transactions are more. Example: Invoices. In every organisation, Prenumbered bill book is maintained for sale of goods to remove transfer of goods without invoices.
(TCO 3) Separation of duties is a key feature in an internal control system. Why is separation of duties such an important internal control? Example of separation of duties as an internal control.
Solution:
Seperation of duties means one person cannot complete one transaction. This means, establishing procedures in such a way so that single person cannot have complete control over a transaction from starting to end. Example: work of one person to be reviewed by another person.
(TCO 1) Describe the balance sheet. Why is this statement important to the company, creditors, and investors?
Solution:
A Balance Sheet is a statement which set out the assets and liabilities of a firm or an institution as at a certain date. It is a statement which reports the property owned by the enterprise and the claims of the creditors and owners against these properties.
This statement is useful for the Company, creditors and investors. Its advantages are as follows:
It is a useful device which shows the financial position of a business in a systematic and standard form.
Balance sheet shows solvency position of the Company.
It may serve as the basis for determining purchase consideration of the business.
(TCO 1) Describe the income statement. Why is this statement important to the company, creditors, and investors?
Solution:
Income statement shows how much profit earned by the Company for a given period of time. Generally, this period starts from 1st January to 31st December.
This statement is useful for the Company, creditors and investors. Its advantages are as follows:
Investors of the business are interested in knowing the income statement, earning capacity and growth prospects of the business.
Creditors are also interested in knowing about the solvency of the business. Creditors are likely to be interested in an enterprise over a shorter period than lenders unless they are dependent on the enterprise as a major lender.
(TCO 1) Describe the statement of cash flows. Why is this statement important to the company, creditors, and investors?
Solution:
A cash flow statement is a statement which discloses the changes in cash position between the two periods.
This statement is useful for the Company, creditors and investors. Its advantages are as follows:
This helps to provide information about the liquidity and solvency information of an enterprise.
It helps in understanding and analysis of what are the sources and application of the cash for a company.
It is also useful in examining the relationship between profitability and net cash flow.
It helps in determining how efficiently the cash is being managed by the management of the business.
How does the Internet Influence Society Nowadays
How does the Internet Influence Society Nowadays
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Institution:
How does the Internet Influence Society Nowadays
Introduction
The internet entails a global system of computer networks linked together. This computer network utilizes the standard Internet Protocol Suite, for serving all the networks around the world. This computer network has lead to connection between millions of government, private, business, public, and academic networks from a local stature to a global standard. Because of this type of interconnectedness, the internet influences society in various ways. The ways that the internet influences society are through education, entertainment, and communication (Associates, 2001).
This paper explicates the influences of the internet to the current society. In addition, it observes the current trends in relation to the internet.
Discussion
Firstly, the internet influences the society as it provides, and has improved the means of communication. The internet has been very instrumental on cutting down the cost of communication because most people nowadays rely on emails and social networks. The social networks such as “Facebook” influence how people communicate nowadays. Some internet functions, such as, streaming makes it easier for people to communicate using both visual and verbal communication (Greiffenstern, 2010). It can be argued that the world has become a global village because of the internet, considering how easy it is for people in two different continents to communicate.
Secondly, the internet influences the society in the entertainment sector. Currently, the internet serves several entertainment functions because of its large storage capacity. For instance, people can get any form of entertainment from the internet just by searching on sites such as “YouTube” and “MySpace”. Many artists have also improvised and come up with their own sites because they understand the internet as a vital promotional tool. This proves the point that with the internet, it is not necessary for people to walk several miles searching for entertainment, since they can enjoy their favorite program or music right at home (Associates, 2001).
Lastly, the internet influences the society through education. Currently, there is a lot of education associated with the internet. Many University and College students use the internet for a quick search of information. This has significantly reduced the cumbersome nature of going to the library, and searching for one book for long hours. The internet has online books, encyclopedias, and dictionaries. For instance, a lot of information can be found using “Wikipedia”. There are also online articles, web pages, and electronic sources found 0n the internet that is very crucial for dissemination of information (Turow, 2008). In addition, the internet has promoted exchange programs between schools using online programs, which is crucial for education. Research asserts that currently it is not compulsory for a person to attend lecturers physically in order to sit for exams. This is because of the long distance learning programs facilitated by the internet (Greiffenstern, 2010).
In conclusion, the internet comprises of millions of computers interconnected using the standard internet protocol. In addition, it utilizes the (TCP/IP) for serving al networks across the world. Internet has provided interconnectedness between private sector, public, government networks, and businesses. Because of this, it has transformed the world to become a global village through communication, education, and entertainment. Through communication, the internet has fastened communication in the society. This is because it facilitates a quick relay of information in terms of news. Through education, the internet has several online libraries. In addition, it has online articles, encyclopedias, and dictionaries, which reduce the bulk of searching information. Lastly, the internet provides entertainment to all in society. There are various entertainment functions associated with the internet such music, movies, and magazines.
References
Associates, O. &. (2001). Internet and society. London: Harvard University Press.
Greiffenstern, S. (2010). The Influence of Computers, the Internet and Computer-Mediated
Communication on Everyday English. London: Logos Verlag Berlin GmbH Publishers.
Turow, J. (2008). Media Today:An Introduction to Mass Communication. New York: Taylor &
Francis Publishers.
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