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TASK 9.5 PPT

TASK 20.1
Preparation of the accounts
inputs - any resources used to create goods and services
invoices - an itemized commercial document that records the products or services delivered to the customer, the total amount due, and the preferred payment method
data - The collective information related to a company and its operations
accumulates - when the quantity of something is added to or increases over time.
cash account - a type of brokerage account in which the investor must pay the full amount for securities purchased
sales account - contains the record of all sales transactions
income statement - shows a company's revenues, expenses and profitability over a period of time
balance sheet -  summarizes a company's assets, liabilities and shareholders' equity at a specific point in time 
cash flow statement - provides data regarding all cash inflows that a company receives from its ongoing operations and external investment sources
annual report - a comprehensive report detailing a company's activities throughout the preceding year
potential shareholders -  those individuals who will receive shares of the Buyer's “restricted” common stock as set forth in Schedule 2.2.
Profit and Loss Account
profit -  the money you have left after paying for business expenses
loss account - a memorandum account for each Limited Partner to be recorded in the books and records of the Partnership with respect to a Performance Period.
revenue - the total amount of money brought in by a company's operations, measured over a set amount of time. 
TASK 20.4
1. I have been paining this room for six days now. It's a never-ending
job. 2. How long have you known Mike? 3. I have had this watch for twenty years. It's as accurate as it was the day I bought it. 4. I have never been to Sweden. 5. How long have you been living in this house? 6. Hi, John. Sorry I'm late. I hope you haven’t been waiting long. 
7. So, Michael, what have you been doing since I last saw you? Anything
interesting? 8. It is being raining all day today. 9. This strategy seems to be good. Sales of our products have increased for some time. 10.The manager has visited our branch office three times so far this year.
TASK 20.5 PPT
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