Advanced Accounting Essay Example | Topics and Well Written Essays - 750 words

Advanced Accounting - Essay Example unction is to adjust the account balances of each individual company to give an amount that would be used if the entities were one company (Stice and Stice, 2013). Non-controlling interest refers to that part of a subsidiary that the parent company does not own. The non-controlling interest should be considered during consolidation as they form part of the capital for the subsidiary. The non-controlling interest may appear as beginning of period non-controlling interest or end of period non-controlling interest (Wahlen, Baginski, Bradshaw, 2014). To determine the beginning of period non-controlling balance, one uses the percentage of the non-controlling interest to determine their shareholding in the company. That percentage is used to determine the non-controlling interest’s share of ordinary share capital, preference share capital and retained earnings. To arrive at the balance, credit the non-controlling interest account with their share of ordinary share capital and preference share capital. Debit the capital account with the same amount. Then credit the non-controlling interest account with the non-controlling interest’s sha re of retained earnings. Debit the profit and loss account with the same amount. That will give the non-controlling interest balance at the beginning of the period. The determination of the end of period non-controlling interest balance involves more than what the beginning balance requires. It involves making adjustments on various items. The account balance changes courtesy of changes in retained earnings (Wahlen, Baginski, Bradshaw, 2014). The items that would cause the changes include unrealized profits, unrealized profits on sale of property, plant and equipment and revaluation gains. To reflect these changes, debit the non-controlling interest account by the minority interest’s share of the unrealized profits and credit the closing inventory account with the same amount. For unrealized profits on the sale of property, plant

Mahasweta Devi, Breast-Giver Essay Example | Topics and Well Written Essays - 1000 words

Mahasweta Devi, Breast-Giver - Essay Example And, there is a proportion among writers who bring these situations and incidents into a written form, using the realistic or fictionalized version of the real life happenings as the base, particularly the ‘injuring’ or distressing aspects. Mahasweta Devi is one such writer, who has used the culture, events etc prevailing in India, particularly the distressing and disturbing happenings in her home state of West Bengal in her works. So, in this paper I will focus on Mahasweta Devi, her life, her works and what will be the contents of my presumed interaction with her. Mahasweta Devi presently lives in Kolkatta (the new name of Calcutta). Apart from being an accomplished Indian writer, she is also a social worker, involving herself in many worthwhile causes and thus travels to many parts of West Bengal and throughout India. So, I planned to reach Kolkatta by air and from the airport, based on Devi’s current work or location, I will make the trip by road or train. Before boarding my flight, I researched about Devi through internet and books, and got a lot of information about her life and her works. So, onboard the flight to Kolkatta, based on the information, I set my thought process into action and tried to form the questions I will ask Devi, topics for our conversation etc, etc. As, I want the interaction with Devi to be smooth, fruitful, engaging and beneficial, I formed certain questions and topics based on the research. Firstly, I plan to ask Devi about her early days in erstwhile East Bengal and whether the partition of India and Paki stan had any impact on her life. Devi was actually born in Dacca, in what is now Bangladesh. Being a Hindu, she and her family moved into West Bengal in India at the time of partition of India and Pakistan. That is, as British gave freedom to India in 1947, they divided mainland India, into India and Pakistan, with Hindu majority areas staying with India and Muslim majority areas going to