A trade discount is a reduction of the list price of products from a seller to a buyer as an incentive for future business. The trade discount is given as a percentage to deduct from the list price which is the normal selling price. In order for a buyer to …

Everything in a business has its own account which falls under one of 5 types of accounts or 3 classes of accounts. The 5 types of accounts are assets, liabilities, income, capital and expenses, also known as ALICE accounts. Each account shows details of an item from the date it …

Group work, a staple in modern educational settings, mirrors the collaborative nature of workplaces, creative endeavours, and even family life. It offers students invaluable opportunities to collaborate, communicate effectively, delegate tasks, and synthesise individual contributions into a cohesive final product. However, the benefits of group work are often accompanied by …

Expenses are the goods, services and charges that a business incurs as it functions. It has a debit balance in the ledger accounts when it increases and a credit balance when it decreases. The cost of expenses in relation to earned income determines whether the business makes a profit or …

Whether a class consists of nine-year-olds, teenagers or adults, focus exercises are very helpful. People are unfocussed for many different reasons. They may have a mental, physical or behavioural delay, problems at home or a poor diet. Some may be stressed, have Attention Deficit Disorder, a short attention span or lack …