UWIN CON05 s26

Course : Conversation (1603CON05)
online.uwin.ac.id
Bachelor in Economics (S.E): Manajemen
UWIN eLearning Program
Session Topic: Payments

Course: Conversation
By Diki Saputra, S.S, M.Pd
Content
Part 1
Credit
Part 2
Assets
Part 3
Liability
Part 4
Balance Sheet
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-1603CON05-
S.3
Part1: Credit
Payments: Introduction
What do You Know ?

Ship/
Dispatch
..........?..........
Billing/
Invoicing
..........?..........
Order
..........?..........
Watch the video &

Take note
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S.5
Payments: Events & Credit
Reorder these events

1. Messco dispatched the goods to
Superinc.
Superinc
2. Ordered goods from messco.
3. Eventually settled the invoice.
4. Did not pay the invoice on time.
5. Two weeks later,
Superinc had still not received an
invoice,
making them think Messcos
invoicing was not very efficient.
7. When the goods arived,

Superinc noticed there was no
invoice &
asked Messco to issue one.
8. Messcos accounts department,
raised an invoice &
sent it to Superinc.
Credit
6. Someone in accounts at Messco,

chased the invoice by phoning
the accounts department at
Superinc.
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S.6
Payments: Exercise 1
Watch the video &

Take note
Find the Terms Out

1....?
2....?
3....?
4....?
5...?
A period of time before they have to pay.

A reduction in amount they have to pay
Pay at first before they receive the goods
Rules on when & how customers should pay.
The timing of payments coming into & going out of a business
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S.7
Payments: Accounts, Debit & Credit
Find the
Terms Out
Watch the video &

Take note
My names Saleem & I own a clothing

company.
Our (1) most important customers
are department stores.
Getting paid on time is very

important &
we have an employee whose job
is to chase (2) people who owe us
money.
Of course, we pay (3) suppliers &
other people we owe money to as
late as possible,
except problem the (4) tax
authorities, who we pay right on
time!
Luckily, I havent had much of a
problem with (5) people who dont
pay at all,
so we havent have to (6) decide
not to chase them any more.
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S.8
Part2: Assets
Payments: Asset
Asset
Watch the video &

Take note
..
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S.10
Payments: Get to Know
Fixed
1.
2.
3.
4.
Equipment,
Machinery,
Land,
Buildings
Intangible
Current
Assets
Cash/money, inventory,
investments can be turned
into money
Brands, goodwill,
knowledge, patents
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S.11
Payments: Discussion
Which is the statement not as an asset ?

State your reasons of your chosen statement.
A showroom owned by company that sells vans.
A showroom rented by a company that sells cars.
The client list of a successful training company, all

of which are successful business.
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S.12
Payments: Get to Know
D E P
R E
C
V
A M O
R T
A T
I O N
Z A T
I O N
S
I
Both the Depreciation & Amortization are,

meant to reduce the value of the asset year by year.
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S.13
Payments: Exercise 2
Classify these words as,

Verb or
Noun
Verb
Watch the video &

Take note
1.
2.
3.
4.
5.
6.
7.
8.
Depreciation
Amortization
Depreciate
Amortize
Charge
Write Down
Write Off
Book Value
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Noun
S.14
Part3: Liability
Payments: Liability
Watch the video &

Take note
.................?................
...................................
................
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S.16
Payments: Liability (Cont.) & Listening
Current
Liabilities
Short Term
Long-term
Liabilities
Long Term
Listening
No
Order Form
1 Date
2 Contact
3 Model No.
4 Quantity
5 Delivery
No
Debts to be
paid within a
year
Debts to be
paid more than
a year
-1603CON05-
Order Form
Date
Contact
Model No.
Quantity
Delivery
S.17
Part4: Balance Sheet
Payments: Balance Sheet
Get to Know
Balance
Sheet
A statement
or a picture of,
companys assets & liabilities at
the end of a particular period.
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S.19
Balance Sheet: Example
The resultant balance sheet displays as shown:

WWW.SWAYAM-EDUCATION.COM
BALASORE
ORISSA-756001
Balance Sheet
1-Apr-2005 to 31-Mar-2006
Liabilitiies
as at 31-Mar-2006
Capital Account
Bhabesh Kumar Panda
Biresh Kumar Panda
Harish Chamdra Panda
Manorama Panda
23,47,886.93
12,86,247.55
16,17,783.46
19,96,543.94
Loans (Liability)
ICICI BANK LTD.
6,32,614.69
Current Liabilities
Sundry Creditors
Audit Fee Payable
SBI, Main Branch-Adhoc A/c
SBI, Main Branch-CC A/c
72,48,461.88 28.77%
6,32,614.69 2.51%
1,61,81,793.55 64.23%
1,23,62,425.57
10,000.00
14,70,114.33
23,39,253.65
Assets
Fixed Assets
Building
Computer
Furniture & Fittings
Land
Plant & Machinery
Vehicle
Current Assets
INVESTMENT(C.A.)
Closing Stock
Loans & Advances (Asset)
Sundry Debtors
Plant & Machinery
Vehicle
as at 31-Mar-2006
65,24,993.74 25.90%
1,17,145.85
947.08
4,025.49
2,93,121.50
24,89,147.45
36,20,606.37
1,86,66,668.65 74.10%
1,07,75,278.00
34,31,261.20
34,45,447.06
9,16,745.15
67,411.68
30,525.56
Term Loan
Profit & Loss A/c
Opening Balance
Current Period
Total
11,28,792.27 4.48%
11,28,792.27
2,51,91,662.39 100%
Total
2,51,91,662.39 100%
In this view, each group is expressed as a percentage of the total of the Balance Sheet
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S.20
Payments: Bottom Line
Get to Know
Bottom Line
The final figure of profit or loss.
The final total of an account, balance sheet, or other financial document.
Refers to a company's net earnings,
net income or earnings per share (EPS).
Bottom line also refers to any actions that may
increase/decrease net earnings or a company's overall profit
-1603CON05-
S.21
Bottom Line: Example
This is an
example
Income Statement
Green Leaf Design
Jan 01, 2009 - Mar 11, 2009
Expenses
Other Income
Other Expenses
Net Profit or Loss
-1603CON05-
S.22
Payments: Company
What You
Need to Know
Watch the video &

Take note
If a company
a. Makes more money.
b. Does not make money.
c. A firm reports its performance in a

particular period in its result.
d. One before tax is calculated.
e. Something that is not normally
repeated.
A profit
f. Before charges
g. Afterwards
-1603CON05-
S.23
Payments: Company (Cont.)
Get to Know ?
BrE: profit & loss account
AmE: income statement
In the red/
Red ink
Bleeding red ink
Hemorrhaging red ink
An expression,
to describe a company
making a loss
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S.24
Payments: Listening & Discuss
Listening
Answer the questions below
What
1. company is Young Joe Park
from ?
2. does he order ?
3. is the order number ?
4. How many does he need the
things ?
5. When will the goods be
delivered ?
6. Whats his e-mail address ?
7. Does he deal with the delivery
date ?
Discuss with your friends & choose

1 of the topics below !
Obtain a copy of your companys
balance sheet, or
a copy of the balance sheet of a
company that you are interested in.
What are its main assets &
liabilities ?
Obtain a copy of your companys
annual report, or
the annual report of a company
that you are interested in.
Look at its profit & loss account
(or income statement).
What is the bottom line ?
-1603CON05-
S.25
Course : Conversation (1603CON05)
online.uwin.ac.id
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Course : Conversation (1603CON05)

UWIN eLearning Program

Session Topic: Payments

What do You Know ?

Watch the video &

Payments: Events & Credit

Reorder these events

7. When the goods arived,

6. Someone in accounts at Messco,

Watch the video &

Find the Terms Out

A period of time before they have to pay.

Payments: Accounts, Debit & Credit

Watch the video &

My names Saleem & I own a clothing

Getting paid on time is very

Watch the video &

Payments: Get to Know

Which is the statement not as an asset ?

A showroom rented by a company that sells cars.

The client list of a successful training company, all

Payments: Get to Know

Both the Depreciation & Amortization are,

Classify these words as,

Watch the video &

Watch the video &

Payments: Liability (Cont.) & Listening

Part4: Balance Sheet

Payments: Balance Sheet

Balance Sheet: Example

The resultant balance sheet displays as shown:

Payments: Bottom Line

Bottom Line: Example

Green Leaf Design

Jan 01, 2009 - Mar 11, 2009

Net Profit or Loss

Watch the video &

c. A firm reports its performance in a

Payments: Company (Cont.)

Payments: Listening & Discuss

Discuss with your friends & choose

Course : Conversation (1603CON05)

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