LITTILE THINS

SUMMARY LITTLE THING
THIS POEM IS WRITTEN BY JULIA A CORNEY . SHE IS KNOWN AS THE POETESS OF
MODERN area. SHE SAYS THAT WE SHOULD NOT TAKE LITTLE THING WORTHLESS AND USELESS DUE TO THEIR LITTLENESS . WE SHOULD ALSO HAVE MIND THAT ALL THE BIG BODIES ARE MADE UP OF LITTLE THINGS . SEAMLESSLY LITTLE DROPS OF WATER MAKE MIGHTY SEAS . LITTLE PARTICLES OF SAND MAKE BEAUTIFUL VAST ELAND . SEAMLESSLY OUR LITTLE MISTAKE MISTAKE AND WRONG DOINGS TAKE US AWAY FROM THE WRITE PATH OF THE VALLEY OF SINS . LITTLE MOMENTS ARE CHANG UNTO THE EN DALES PERIOD OF THE TIME .

truth the best

truth the best
this poem is written by elizabeth turner. who is well tnown poet for her short poem , moral lesson , and beautifull moral lessons.
this is one of his best poem . the poet says that the value of truth can not be denied . some time we get into difficult situation
and no way to seek out safely . butt the simple truth always always have good defence . the poet relate a brief story a little
girl . he broke a beautifull china basen while he playing in their
drawing room . she feard that might her mother be punished .
she want to slip and keep quite . no body saw her . but suddenly he keep in mind that she would not denieded any body . she go to her mother and tell the story stairtly . heer mother were very pleased with her . she kissed snd love her .

DAFFODILS

DAFFODILS
THIS POEM IS WRITTEN BY WILLIAM WORDSWORTH A ROMANTIC POET . HE IS KNOWN AS THE POET OF NATURE AND ITS BEAUTY . BECAUSE OF HIS LOVE FOR IT . THIS IS ONE OF HIS BEST POEM . HE DESCRIBE THE EXPERIENCE ENJOYEMENT AT THE SIGHT IF BEAUTIFULL DAFFODILS . ONCE HE WAS ACROSS THE PUNCH OF DOFFODILS GROWING AT THE BANK OF RIVER . THE FLOWERS WERE MOVING AND DANCING IN BREEZ . THE SIGHT DELIGHT HIM AND HE SAWW AT THE FLOWER FOR A LONG TIME . IN THE RESULT ONCE HE SAT ALONG AT THE SAD MODE . THE SAME SIGHT COMES IN HIS IMAGINATHIN . AND FILLED HIS HEART WIYH PLEASURE .THIS EXPERIENCE BECOME A SOURCE OF PLEASURE IN HIS LIFE.

Courtesy

courtesy
courtesy means soft and gentel behaviour towards other people. A man who shows courtesy is called courteous man.
he is always poliet and pleasant to others.he respects and is respacted by all.
A courteous man takes first step in greeting his fellowmen.
he respected is elder and loves his youngest.he prays for the good of all the people.he shows regards on the basis of humanity.he loves human beings and wishes happy and peacfull atmosphere.he nevers tries to cheat others.
A courteous man has good manners.he is helpful to others.
he payes his taxes fully and promptly if he is a rich man.he
loves is country.he makes to gump over the queue.he helps
the dicabled and the poor.in fact,a socity of courteous people is no less than a paradise.

World information

The word Geo-Graphy is take the language From ENGLISH.
THE china is a famous for Fish.
gloster is famous transport of Canada
India,s Animal quantity 2008 are 214.877 of cow 900 of Hourse 12530 of goat
barazil 159,000 COW 6400 of Hourse 12600 of GOAT
Usa 98,500 of COw 8855 of hourse 1400 of goat
Pakistan 18000 of Cow 300 of hourse 48574 of goat
canada 12981 of cow 508 of hourse 29 of goat is number of animals in country.
Pakistan the biggest numbers of people live in city The city is karachi.
The 2786 million baral is one year grow of petrol.
The Defination of baral is one baral is equal to 35 galan.one galan is equal to 4.55 litter.
The average hight of nanga parbat is 8126 metter.
The mountain or hill way between pakistan and china is called koh karakaram.
k2 average hight is 8611 metter.
The world largest artificle jungle is in Pakistan thats name is CHANGA MANGA Which is on 12 Thousend Aker speard.
The world largest water system is in pakistan Thats Total lenght is 40 thousend meil.
pakistan have total 29 river.5 are in pakistan 4 are in sindh 8 are in nwfp 12 are in balochistan.
The 1 bale wight is 375 pound.
The world top 1 country papulation is China and Smallest country name that have lowest papulation is called vity kenstiy.
pakistan ka rakba 796096 maraba kilo mitter hai.
The world highest road is in Pakistan which name is Rasham which is on hight of Sea is 10,200
fit.

266 . [CH.6] PARTNERSHIP ACCOUNT (I) PROFIT DISTRIBUT^
METHODS OF VALUATION OF GOODWILL
No accurate formula can be laid down for the measurement of the value of goodwill. The value! goodwill depends upon the nature of a particular business and die circumstances connected with it.
Various methods are advocated for the valuation of goodwill. In many cases the method adoptedpurely arbitrary one and is often .governed by the custom of the particular trade in which the businealengaged. The more usual bases of valuation are as follows: . ]
1. Average profits method I
The average profits of given number of a past years multiplied by an agreed number is consideredbe the value of goodwill. Thus 'three years' purchase of average profits of the last five years is commaspoken of as the basis upon which goodwill is to be valued. The average profits of a given number of years is multiplied by an agreed number of years to arrive at the value of goodwill. This method is palarbitrary and will frequently produce a figure for goodwill out of all proportions to its true value.Suppose the goodwill is to be valued on 3 years purchase of the average profits of the last five years.
The profits earned during the last five years are Rs. 13,000, Rs. 10,000, Rs. 12,000, Rs. 15,000 and!
20,000. The goodwill be valued as follows: 1
Year Profit(Rs.) I
Istyear 13,000 1
2nd year 10,000 J
3rdyear 12,000 1
4th year 15,000 1
5th year . 20,000 1
Total profits 70,000 fl
. • • ' . - •
Average profits: 70,000-5-5 = Rs. 14,000 •
Value of goodwill (being three years purchase of the average net profits for five jdl= 14,000x3 = 42,000. «
2. Superprofits method • . •
Super profits of a business are the profits which can be expected in the future over and above tflnecessary to pay a fair return upon the capital invested in the business, having regard to the risk invohpflthat particular business and a fair remuneration for the services of the partners who work therein. SMprofits is the excess of actual profits over normal profits. The normal profits are calculated by mnllijilJthe average capital employed with the rate of general expectation. The super profits iBnis calculatedmultiplied by an agreed figure to find out the value of goodwill. •
Suppose a firm earned net profits during the last five years as follows: •
Istyear • 2nd year 3rd year 4th year ,5th year __
Rs. 7,000 Rs, 6,500 Rs. 8,000 ^Rs. 7,500,- Rs. 6,000 1

CONSIGMENT ACCOUNT

CONSIGNMENT
JOURNAL ENTRIES TO BE THE BOOKS OF CONSIGNOR:
Consignor maintains a separate consignment account for goods sent to each agent. consignment account is profit or loss.
1. On sending goods to Consignment A/c ...Dr.
Consignee: Goods sent on consignment A/c
, (Being goods sent to agent for sale)
fiotct la e-ase- a consignor lias more t&aa one agent, separate consignment account is prepared J agent Each consignment account is identified with the name of place, for example 'Co to Karachi Ale or 'Consignment to Lahore A/c.
2. For expenses paid Consignment A/c
by consignor: Cash/Bank A/c
(Being expenses paid)
3. On receiving advance Cash/Bank A/c...
from consignee: Consignee A/c
(Being advance received from agent)
—
4. If consignee has accepted Bills Receivable A/c ...
a bill of exchange as an Consignee A/c
advance: (Being acceptance received from agent)

5. With the sale price of Consignee A/c
goods sold by consignee: Consignment A/c
(Being gpods sold by agent)
- ---- '
6. For goods taken over Consignee
by consignee for his Consignment A/c
personal use: (Being goods taken over by agent)
7. For expenses paid Consignment A/c .........
byAgent: Consignee
(Being expenses incurred by agent)
Note- If any of the expenses is borne by me agent personally, such expenses will not be consignment A/c. Consignor will not make anyentry for such expenses. These will be the Profit and Loss account in the books of Consignee.