English Business documents (III)

Practice 18 - How to Start a Business.

Go to this website 

http://www.wikihow.com/Start-a-Business-(for-Kids)

read it and, later,  answer the next open questions:
(these questions don't have right or wrong answers)
Reading the text can help you to have good ideas for a business

1) Do a brainstorm for yourself. What do you love ? What passion do you have ?

2) Be logical.  What will your business be ? Can you earn money with it ? How ?

3) Get creative. Name, logo... Do you have any slogan ?

4) Gather people. Do you need anybody to help you ? Who ?

5) Advertising. What does it mean ?

6) Time to get down to business. What does it mean ?

7) Enjoy! How much money do you have earned to have a healthy finances?

8) Translate: "to get down", "bring up to date", "no pun intended".

9) Tell an entrepreneur you admire. What business did he or she set up ?

10) Explain how you would like to earn your living

Practice 19 - Which American city offers the best protection from zombies.

http://www.economist.com/blogs/graphicdetail/2016/10/daily-chart-20

1) Write the top five cities which are readiness for a zombie invasion.

2) What does defence mean ?

3)  What does containment mean ?

4) What does cure research mean ?

5) How long is Boston from New York ?

6) Do you like films or series about zombies ? What is your favouite one ?

7) What is the american state where Denver is ?

8) "Take solace", what does it mean ?

9) Point three cities on the map with Spanish name.

10) What is the top city in food suply ?

Practice 20 - Gender inequality goes right to the top.

 

http://www.economist.com/blogs/graphicdetail/2016/11/daily-chart

1-In what country of the World has a woman ruled for more years ?

2 - What is the name of the woman who could have been the first president of the United States of America?

3 - What is the husband's name for that woman?

4 - Who is the current president of Nicaragua?

5 - Who was the last queen of Spain not consort ? Paste a picture of her.

6 - What percentage do women account of heads of state ?  

7 - Write the name of the heads of state of next countries:
- France
- Greece
- Denmark
- Brazil
- Perú
- Canada

8 - Write the name of the monarchs of next countries:
- Australia
- Bhutan

Practice 21 - A Trial Balance.

Make the following points using the vocabulary you have below:

a)     Point out for each account whether it is a liability or an asset

b)    Substitute the accounts in Catalan for those in English language in that Trial Balance.

c)     Make the balance sheet and calculate the Owner’s equity of the company

ACCOUNT	FIGURE	ASSETS or LIABILITIES
Capital
Edificis i construccions	100 000
Equips de procés d’informació	1 700
Elements de transport	25 000
Deutes a ll/t amb entitats de crèdit	7 000
Proveïdors	8 700
Clients,	34 000
Existències de mercaderies	12 000
Bancs compte corrent	87 000
Mobiliari	12 000

  

-       Owner’s equity, -       Computer equipment, -       Furniture, -       Cash Bank, -       Petty cash, -       Inventory, -       Customers’ accounts receivable, -       Suppliers payable, -       Long term bank debts, -       Buildings, -       Motor vehicle  

Practice 23 - Your C.V.

Already have your resume in English?Come on and do it now!Take any model at your fingertips, 

like what you have in the FOL book, and write it.Any question, you know, ask the teacher. 

Practice 24 - Balance sheet

Do it in English language.

Practice 25 - Business Documents.

1 - Write five documents concerned sales and purchases with their definition, or explanation or commitment.
2 - Write five documents concerned collections and payments with their definition, or explanation or commitment. 

Practice 26 - Business words translation

Translate next words in Catalan or Spanish language.

1. Income
2. Passive income
3. Expenses
4. Cash flow
5. Assets
6. Savings
7. Stocks
8. Real Estate
9. Liabilities
10. Mortgage
11. Loans
12. Retail Debt
13. Rate race
14. Buyout
15. Taxes

Practice 27 - Match the words

Income	1. Accions a la borsa	1	Stocks
Expenses	2. Actius	2	Assets
Cash flow	3. Béns immobles	3
Assets
Savings	4. Caritat	4	Charity
Stocks
Real Estate	5. Cobraments menys pagaments mensuals	5
Liabilities
Mortgage	6. Crèdit comercial (de les botigues)	6
Loans	7. Despeses	7
Retail Debt	8. Dividends	8
Rate race	9. Estalvis	9
Buyout	10. Gran oportunitat	10
	11.Hipoteca	11
Doodad	12.Impostos	12
Big deal	13.Ingressos	13
Small deal
Taxes	19.Lucre (benefici)	19
Dividend	20.Oportunitat petita	20
Paycheck	Pagaments nets (cobraments – pagaments)	21
Downsize	Passius	22
Charity	Pista ràpida	23
Return On Investment	Préstecs	24
Profit	Rendibilitat de la inversió	25

Practice 28 - Profit and loss account.

From the following trial balance, prepare only a profit and loss account for the year ended 31 March 2020 .

Trial balance as at 31 March 2020:

	Dr ($)	Cr ($)
Tax payable		90,000
Net sales		930,000
Net purchases	320,000
Stock	30,000
Salaries & wages	180,000
Rent & rates	140,000
Water & electricity	21,000
Trade creditors		119,600
Trade debtors	321,000
Insurance	51,000
Cash in hand	20,000
Cash at bank	134,000
Plant & machinery	420,000
Furniture & fittings	97,600
Capital		700,000
Drawings	15,000
Fixed deposits with bank	300,000
Bank loan		170,000
Provision for depreciation – plant & machinery		30,000
Provision for depreciation – furniture & fittings		10,000
	2,049,600	2,049,600

Practice 29 - Balance sheet.

From the following trial balance, prepare a for the year ended 31 March 2018 only a balance sheet.

Trial balance as at 31 March 2018:

	Dr ($)	Cr ($)
Tax payable		90,000
Net sales		930,000
Net purchases	320,000
Stock	30,000
Salaries & wages	180,000
Rent & rates	140,000
Water & electricity	21,000
Trade creditors		119,600
Trade debtors	321,000
Insurance	51,000
Cash in hand	20,000
Cash at bank	134,000
Plant & machinery	420,000
Furniture & fittings	97,600
Capital		700,000
Drawings	15,000
Fixed deposits with bank	300,000
Bank loan		170,000
Provision for depreciation – plant & machinery		30,000
Provision for depreciation – furniture & fittings		10,000
	2,049,600	2,049,600

Practice 30 - English accounting entries.

Make the following accounting entries using the accounts you have below.

1) The company sells merchandise on credit € 4,000

2) It purchases merchandise on credit € 1,100

3) It pays to suppliers of the previous settlement.

4) It obtains from the suppliers a discount for volume purchases of € 200

5) It pays customers € 200 for the return of defective goods, previously sold.

477. Output VAT

700. Merchandise sold

430. Trade receivables

400. Suppliers

472. Input VAT

600. Merchandise purchased

572. Banks and financial institutions, demand current accounts

609. Volume discounts
708. Returns of merchandise sold

Practice 31 - Catalonia.

https://www.theguardian.com/world/2017/oct/02/catalonia-important-spain-economy-greater-role-size
After reading the article posted, answer the following questions:
1 - How many inhabitants does Catalonia have ?
2- What is its percentage in relation to the Spanish population ?
3 - State the meaning of the acronym of GDP and explain what it is.
4 - What is the figure of the GDP per person in Catalonia ?
5 - What is the percentage of Catalan GDP in relation to the Spanish total ?
6 - After reading the last paragraph carefully, do you think an independent Catalonia of Spain would be more properous ? Why ? 
7 - Go to Internet and find out what ir 
a) The richest spanish province
b) The poorest one
c) Wich one has more inhabitants
d) Finally, what is the least dense in inhabitants ? 

Practice 32 - It is over !

English Business Documents subject is over.

Tell what you have learned with a paragraph of five sentences.

Best regards.