I traveled from my bed to immeasurable heights, I could not contain the speed, and it was so fast that I felt the air pressure virtually twitching my face. Though it seemed uncontrollable, I managed to glide over the sea before flying home.
This is a story about my own experience, an out-of-body experience that happened several years ago. Precisely, until now I have not found the exact answer despite endless search. I hope somebody after reading this article would come forward and enlighten me as to what this all about.
I heard and read a lot of this thing called astral body as a component part of a person's body. I have also learned some people in the verge of death, travels but all these stories did not give light to the obscurity of my apprehension about astral body or what they call, psycho-spiritual subtle body.
Was it really my astral body that traveled? Or was it just my mind or causal body? I was not dying nor dreaming as I was still at the stage of transition from wake to sleep neither did I take a drug or anything.
As advised by a friend, the proper way to relax is to focus on our extremities and release the tension and stress from the toes upward. One Sunday afternoon in an effort to get a nap (because I am not used to it), I did what was advised. I focused on my toes and abandoned any thoughts, nearly in a meditative state.
As I opened my arms to unwind my whole consistency, I felt a sudden release of something of myself as though something was unlocked and I felt I was ejected. The feeling was as though I was unlatched from my body.
It's grueling to describe; I couldn't find the right words to account for such an out-of-body experience, to what religious philosophers call astral projection or autoscopy to neurologists. Indeed, it was exceedingly strange, very unusual!
I found myself above, ascending, almost touching the ceiling and cautioned myself, apprehensive that I could be injured on impact. Amazingly, I was able to pass through it perfectly unharmed. I did not even feel the touch of the matter. I asked myself, why? Have I died and now a ghost?
On my way up, bust-size images in individual frames appeared, flashing rapidly, one by one at my left side as if trying to catch up with me. The speed was uncontrollable. The force was tremendous that I felt I was being suctioned into a vacuum.
I was fast-flying in space upwards higher and higher until I reached a certain altitude that no matter how I pushed myself up, I couldn't get any farther.
The desire to discover what lies farther beyond also grew deeper as I was soaring up at that extremely bothering speed. Excitement filled my heart, hoping to reach heaven if there is any and meet Jesus face to face. Regrettably, I was not able to transcend beyond a nimbus- like cloud formation.
Frustrated, I realized I must come back and join my body before it's too late. I faced downward, in a wink of an eye; I found myself descending to where I came from and mind you, with the same velocity and atmospheric pressure as I flew up. I was absolutely not in control.
I saw not the roof but the floor of my room from up there, fearful I might be impaired when I fall; I looked upward and experienced once again the same irrepressible flight. I just wished for the second time the fog would give way and let me in. Guess what happened. I know you know the answer. Once more, I was barred by that peculiar hazy spatial arrangement. Maybe it was not my time yet.
On my way back, I was amazed! I could not feel the intense pressure anymore. I managed to wander a little and gleefully slid towards my right; I saw a terrain and a beautiful body of water. The feeling was wonderful. It was awesome to be in control and fly freely as a bird.
While heading down to the beach I viewed a small vessel at the middle of the sea and white figures of a child and an adult strolling along the seashore. They look as if they are moving monuments or chalk-like living structures in plain white color.
Finally, I decided to come back worried that I might not be able to join my body and be at that state forever, floating and wandering lonely as a cloud. As I approached, I sensed danger of falling hard on the floor but, felt nothing. I didn't even feel the touch of it.
I was weightless as a down pillow and realized I was even lighter than an eider down. After I came to myself, I pondered; wondering whether I was asleep or just dreaming, nonetheless, grateful that I am still alive.
Bewildered? Yes, indeed! Who wouldn't be? I cannot fathom exactly how and why it happened. Everything is clear in my mind I could still picture every detail of my journey beyond. It was such an experience and maybe, a once in a lifetime insight at the threshold of the unknown.
No matter how I tried, the said experience never happened again. How I wish I could fly again and discover what lies farther beyond.
PureComfortLinens.com, the ecommerce outlet of Vicera Enterprises, Inc., a duly registered corporation, offers a wide variety of high quality bedding and accessories for every bedroom in your house. It carries simple and colorful linens, stylish bedspreads, conventional comforters with self corded edge finish, etc., balmy pillows, beautiful pillow cases and other bed accouterments. We have been providing consumers with durability and comfort at reasonable prices.
Saturday, July 10, 2010
Choosing Luxury Bedding Set Involves Nature and Nurture
Children make decisions in their choices in life which determine their personality as they grow older. They are in control of their own development through the choices they made like choosing their friends, jobs, the color of their room, unique beach towels, luxury bed skirts, etc. Studies concluded children in their interaction with the environment would pick experiences and opportunities that befit their genotype or genetic qualities.
Genetics influences proved that relatively parents have little influence on child development, on how children do well in school, how these adjusted individuals turn out, genetic is responsible whether or not they develop delinquent behaviors in their interactions with other people.
Personality does not begin during infanthood as theorized by Sigmund Freud but at conception, that is, fertilization of an ovum by a spermatozoon, to be exact. "It's a radical revision of contemporary theories of child development," says Reiss. He said that he can't even describe what a paradigm shift it is. This is the reaction of a George Washington University psychiatrist, Dr. David Reiss as described in an article in Psychology Today Magazine, after receiving the results of his more than 12 years of study on genetic and personality development.
Researches proved that the genetic composition of a person brings forth peculiar responses from others, which successively shape his personality. It cannot be denied that a baby or a child with a bright and pleasing disposition attracts other people's attention and affection, thus creating self-image and importance.
The genes lay the foundation of personality; the environment provides the color and refraction, the accent and significance thus, the correlation of nature and nurture. Freud's structure of personality centers on the id, ego and superego which are interrelated and based his psychoanalytic treatment on this structure. Sigmund Freud missed the foundation of the id, the genes.
Where there is a conflict between nature and nurture, problems arise. This happens when society does not permit or support the child's expression of his natural propensities or where the environment is unable to provide enough opportunities to develop his inner potentials as when he was born to a poor family or where the child's genetically- determined inclination collides with that of the parents. Such conflicts may result in anti-social behavior, diminished motivation and poor mental attitude.
The philosophy of genetics is consistent with my view about personality development and the will of nature. The world is a great plan, a program where everything has a purpose, an essence. The seas are what they are, to contain other living things to live. Animals survive by instincts and conditioning, no need to be counseled. A building did not exist without a reason. It was planned and erected for a definite purpose.
Man came to existence by essence of choice. We are not totally free to get want we want, to act what we want to do. There is always a choice. We are only free to choose. If we want to fly, we cannot, because we are not programmed to fly.
However, we are free to do something about it. What we willed is subject to the will of nature and chance. Chances are, our wishes and desires will not be realized. We choose our attitudes towards the things around us and give meaning to our life. We try to understand things in life but our understanding is limited.
Learning produces alterations in gene expression. Genes contribute to behavior; in turn behavior feedbacks action on the brain and modify expression of the genes. Genes and environment work in concert, communicating back and forth to create the individual. Nonetheless, it could be possibly true that ultimately nurture becomes nature. I still believe however, that under extreme circumstances human nature prevails.
PureComfortLinens.com, the ecommerce outlet of Vicera Enterprises, Inc., a duly registered corporation, offers a wide variety of high quality bedding and accessories for every bedroom in your house. It carries simple and colorful linens, stylish bedspreads, conventional comforters with self corded edge finish, etc., balmy pillows, beautiful pillow cases and other bed accouterments. We have been providing consumers with durability and comfort at reasonable prices.
Genetics influences proved that relatively parents have little influence on child development, on how children do well in school, how these adjusted individuals turn out, genetic is responsible whether or not they develop delinquent behaviors in their interactions with other people.
Personality does not begin during infanthood as theorized by Sigmund Freud but at conception, that is, fertilization of an ovum by a spermatozoon, to be exact. "It's a radical revision of contemporary theories of child development," says Reiss. He said that he can't even describe what a paradigm shift it is. This is the reaction of a George Washington University psychiatrist, Dr. David Reiss as described in an article in Psychology Today Magazine, after receiving the results of his more than 12 years of study on genetic and personality development.
Researches proved that the genetic composition of a person brings forth peculiar responses from others, which successively shape his personality. It cannot be denied that a baby or a child with a bright and pleasing disposition attracts other people's attention and affection, thus creating self-image and importance.
The genes lay the foundation of personality; the environment provides the color and refraction, the accent and significance thus, the correlation of nature and nurture. Freud's structure of personality centers on the id, ego and superego which are interrelated and based his psychoanalytic treatment on this structure. Sigmund Freud missed the foundation of the id, the genes.
Where there is a conflict between nature and nurture, problems arise. This happens when society does not permit or support the child's expression of his natural propensities or where the environment is unable to provide enough opportunities to develop his inner potentials as when he was born to a poor family or where the child's genetically- determined inclination collides with that of the parents. Such conflicts may result in anti-social behavior, diminished motivation and poor mental attitude.
The philosophy of genetics is consistent with my view about personality development and the will of nature. The world is a great plan, a program where everything has a purpose, an essence. The seas are what they are, to contain other living things to live. Animals survive by instincts and conditioning, no need to be counseled. A building did not exist without a reason. It was planned and erected for a definite purpose.
Man came to existence by essence of choice. We are not totally free to get want we want, to act what we want to do. There is always a choice. We are only free to choose. If we want to fly, we cannot, because we are not programmed to fly.
However, we are free to do something about it. What we willed is subject to the will of nature and chance. Chances are, our wishes and desires will not be realized. We choose our attitudes towards the things around us and give meaning to our life. We try to understand things in life but our understanding is limited.
Learning produces alterations in gene expression. Genes contribute to behavior; in turn behavior feedbacks action on the brain and modify expression of the genes. Genes and environment work in concert, communicating back and forth to create the individual. Nonetheless, it could be possibly true that ultimately nurture becomes nature. I still believe however, that under extreme circumstances human nature prevails.
PureComfortLinens.com, the ecommerce outlet of Vicera Enterprises, Inc., a duly registered corporation, offers a wide variety of high quality bedding and accessories for every bedroom in your house. It carries simple and colorful linens, stylish bedspreads, conventional comforters with self corded edge finish, etc., balmy pillows, beautiful pillow cases and other bed accouterments. We have been providing consumers with durability and comfort at reasonable prices.
Why is Beach Towel Larger Than Bath Or Pool Towels?
Why are people tripping to the beaches, picnics here and there, football, cricket, volleyball, tennis, etc., people busy spending more time outdoors? Yes! Because it's summertime! It is the warmest season of the year and who would not take advantage of the warmer temperature and longer days? Schools have summer breaks and it is also the time for road resurfacing of chuckholes left behind by winter ice and snow. All these things are hidronic activities, making sweat glands more active, too. Towels never cease to come to the rescue. Of course everybody knows what a towel is! It is an absorbent fabric used for drying or wiping. Towel, be it a bath towel, beach towel or sports towel is a massively useful thing during summer. But why is beach towel larger and longer than bath or pool towel?
A bath towel is used for drying the body after bathing or showering. It is typically rectangular, with a typical size around 30"×60" (75×150 cm). Beach towels are used for swimming purposes to dry the body as well as extra attire while swimming in the beach. It is slightly longer than pool towel, because the pool is definitely smaller than the sea and less public. Is it the reason? Beach towels' chief purpose is likewise to provide a surface to lie on. They are also worn for privacy while changing clothes in a public area, and for wiping sand from the body or objects. Beach towels often have colorful patterns to complement with the surrounding ambience of summer.
Other than drying things, beach towels are used primarily for comfort and hygiene purposes, to sit, lie, and stand on to avoid direct contact with the ground. Where nudity is common, as in saunas, bath towels are used to cover buttocks. Beach towels can be a make shift garment or blanket, or as an extra layer of clothing during cold season, or can be worn around the waist like a skirt or just under the shoulders similarly to a long dress, usually in a warm environment. Definitely, an ordinary bath towel is not sufficient to serve this purpose.
PureComfortLinens.com, the ecommerce outlet of Vicera Enterprises, Inc., a duly registered corporation, offers a wide variety of high quality bedding and accessories for every bedroom in your house. It carries simple and colorful linens, stylish bedspreads, conventional comforters with self corded edge finish, etc., balmy pillows, beautiful pillow cases and other bed accouterments. We have been providing consumers with durability and comfort at reasonable prices.
A bath towel is used for drying the body after bathing or showering. It is typically rectangular, with a typical size around 30"×60" (75×150 cm). Beach towels are used for swimming purposes to dry the body as well as extra attire while swimming in the beach. It is slightly longer than pool towel, because the pool is definitely smaller than the sea and less public. Is it the reason? Beach towels' chief purpose is likewise to provide a surface to lie on. They are also worn for privacy while changing clothes in a public area, and for wiping sand from the body or objects. Beach towels often have colorful patterns to complement with the surrounding ambience of summer.
Other than drying things, beach towels are used primarily for comfort and hygiene purposes, to sit, lie, and stand on to avoid direct contact with the ground. Where nudity is common, as in saunas, bath towels are used to cover buttocks. Beach towels can be a make shift garment or blanket, or as an extra layer of clothing during cold season, or can be worn around the waist like a skirt or just under the shoulders similarly to a long dress, usually in a warm environment. Definitely, an ordinary bath towel is not sufficient to serve this purpose.
PureComfortLinens.com, the ecommerce outlet of Vicera Enterprises, Inc., a duly registered corporation, offers a wide variety of high quality bedding and accessories for every bedroom in your house. It carries simple and colorful linens, stylish bedspreads, conventional comforters with self corded edge finish, etc., balmy pillows, beautiful pillow cases and other bed accouterments. We have been providing consumers with durability and comfort at reasonable prices.
Friday, July 9, 2010
Bed Linens - Things to Consider Before Buying Twin Bedding
There are important things to consider when purchasing bed linens for twin beds. When purchasing twin bedding, it is a good idea to make a list of the precise needs. Shopping is easier and quicker when you know exactly what you want. What are the things to consider in buying twin bedding?
First and foremost know the exact size of the bed. Twin beds come in different sizes. An extra long twin bed is an oversized bed designed for taller teens. It is five inches longer than a standard size twin bed. Regular bedding will not fit in an extra long bed. This size is common in dormitories.
A standard twin bed or single bed is designed for one person. Its size is 39 x 75 inches. It is often found in daybeds and trundle beds. It is popular to kids and getting bedclothes for this size is easy.
It is difficult to find bedding for extra long twin bed. However they are available during back to school sales in summer. It is easier to find bed linens online, particularly sheet sets for extra long twin beds.
If you are not certain as to the exact size of the bed, it is advisable to measure it before proceeding. If you decide to find the products in a department store, be sure to take the measurement with you. In that way, you can compare them against the list of bedding.
After the issue on the size, what kind of bedding do you intend to purchase? A sheet set is recommended if you want to buy bed sheets and pillowcases only. Sheet sets come in neat packages of top and fitted bottom sheets with matching pillowcases.
If there is a need to buy comforters, bedspread, blankets, with other decorative pieces such as European pillows and shams, a bed in a bag set is a good option. Some bedding ensembles include other pieces aside from the regular bed sheets. It is far less expensive to purchase bedding in sets that buying them separately.
The choice of fabric is another matter to consider. Cotton, silk, linen, flannel bedding is readily available. The need has to be satisfied in buying the type of material. If it is intended to be used in winter, flannel can be very insulating. Polyester fiber may not be comfortable to kids. It is necessary to decide ahead of time the kind of fiber you prefer to preclude other fibers thus, saving time and energy.
While other people do not mind thread count as an important thing to consider, others prefer higher thread counts for balminess and durability. Of course the price is higher than low thread count bedding.
The last thing to consider is the pattern and color of the bedding. For simplicity and adeptness to coordinate with other bedclothes, bed sheets must be in solid colors. Patterned bedding may not be appealing to other people.
PureComfortLinens.com, the ecommerce outlet of Vicera Enterprises, Inc., a duly registered corporation, offers a wide variety of high quality bedding and accessories for every bedroom in your house. It carries simple and colorful linens, stylish bedspreads, conventional comforters with self corded edge finish, etc., balmy pillows, beautiful pillow cases and other bed accouterments. We have been providing consumers with durability and comfort at reasonable prices.
First and foremost know the exact size of the bed. Twin beds come in different sizes. An extra long twin bed is an oversized bed designed for taller teens. It is five inches longer than a standard size twin bed. Regular bedding will not fit in an extra long bed. This size is common in dormitories.
A standard twin bed or single bed is designed for one person. Its size is 39 x 75 inches. It is often found in daybeds and trundle beds. It is popular to kids and getting bedclothes for this size is easy.
It is difficult to find bedding for extra long twin bed. However they are available during back to school sales in summer. It is easier to find bed linens online, particularly sheet sets for extra long twin beds.
If you are not certain as to the exact size of the bed, it is advisable to measure it before proceeding. If you decide to find the products in a department store, be sure to take the measurement with you. In that way, you can compare them against the list of bedding.
After the issue on the size, what kind of bedding do you intend to purchase? A sheet set is recommended if you want to buy bed sheets and pillowcases only. Sheet sets come in neat packages of top and fitted bottom sheets with matching pillowcases.
If there is a need to buy comforters, bedspread, blankets, with other decorative pieces such as European pillows and shams, a bed in a bag set is a good option. Some bedding ensembles include other pieces aside from the regular bed sheets. It is far less expensive to purchase bedding in sets that buying them separately.
The choice of fabric is another matter to consider. Cotton, silk, linen, flannel bedding is readily available. The need has to be satisfied in buying the type of material. If it is intended to be used in winter, flannel can be very insulating. Polyester fiber may not be comfortable to kids. It is necessary to decide ahead of time the kind of fiber you prefer to preclude other fibers thus, saving time and energy.
While other people do not mind thread count as an important thing to consider, others prefer higher thread counts for balminess and durability. Of course the price is higher than low thread count bedding.
The last thing to consider is the pattern and color of the bedding. For simplicity and adeptness to coordinate with other bedclothes, bed sheets must be in solid colors. Patterned bedding may not be appealing to other people.
PureComfortLinens.com, the ecommerce outlet of Vicera Enterprises, Inc., a duly registered corporation, offers a wide variety of high quality bedding and accessories for every bedroom in your house. It carries simple and colorful linens, stylish bedspreads, conventional comforters with self corded edge finish, etc., balmy pillows, beautiful pillow cases and other bed accouterments. We have been providing consumers with durability and comfort at reasonable prices.
In Bank Reconciliation, What are Reconciling Items?
If you are maintaining a checking account with a bank, I guess you are familiar with bank reconciliation. You always receive a bank statement with attachments, didn't you? All checks you issued and paid by the bank are attached with stamped canceled. You will also find attached thereto, debit and credit memos that have affected your account balance. What do you call these items? Did you notice that as always, your cash balance per your record does not agree or balance with that shown in the statement?
At the end of every month, comparing the cash records of the depositor with the bank statement received from the bank will bring forth the following reconciling items:
1. Book reconciling items:
a) Credit memos
b) Debit memos
c) Errors
2. Bank reconciling items:
a) Deposits in transit
b) Outstanding checks
c) Errors
What are credit memos? Credit memos have the effect of increasing the bank balance. They are items credited by the bank to the account of the depositor but not yet recorded by the depositor as cash receipts.
A typical example of a credit memo is a note collected by the bank in favor of the depositor and credited to the account of the depositor. Other good examples are matured time deposits transferred by the bank to the current account of the depositor and proceeds of bank loan credited to the depositor's account.
What about debit memos? Debit memos have the effect of decreasing the bank balance. They refer to items paid by bank which are charged or debited by the bank to the account of the depositor but not yet recorded by the depositor as cash disbursements. Typical examples are, as follows:
a. NSF or no sufficient fund checks - checks deposited but returned by the bank for insufficiency of funds.
b. Technically defective checks - checks deposited but returned for having no signature or countersignature, erasures not countersigned, mutilated checks, or the amount in figures conflicts with the amount in words.
c. Bank services charges - charges for interest, collection, checkbook and penalty.
d. Reduction for loan- decrease in current account balance of the depositor deducted by the bank in payment for loan owed to the bank which has already matured.
The preceding are the reconciling items in the book balance of the depositor. These are items that require adjusting entries on the book of the depositor to bring the cash in bank balance to its correct amount for balance sheet purposes.
To proceed with the bank reconciling items, deposit in transit are collections already recorded by the depositor as cash receipts but not yet reflected on the bank statement.
Examples of deposit in transit are collections already forwarded to the bank for deposit but too late to appear in the bank statement; and undeposited collections or those cash on hand awaiting delivery to the bank for deposit.
Outstanding checks are checks already recorded by the depositor as cash disbursements but not yet reflected on the bank statement. They include checks drawn and already released to payees but not yet presented for payment to the bank.
Errors will have to be analyzed for proper treatment. These are reconciling items of the party who committed them.
PureComfortLinens.com, the ecommerce outlet of Vicera Enterprises, Inc., a duly registered corporation, offers a wide variety of high quality bedding and accessories for every bedroom in your house. It carries simple and colorful linens, stylish bedspreads, conventional comforters with self corded edge finish, etc., balmy pillows, beautiful pillow cases and other bed accouterments. We have been providing consumers with durability and comfort at reasonable prices.
At the end of every month, comparing the cash records of the depositor with the bank statement received from the bank will bring forth the following reconciling items:
1. Book reconciling items:
a) Credit memos
b) Debit memos
c) Errors
2. Bank reconciling items:
a) Deposits in transit
b) Outstanding checks
c) Errors
What are credit memos? Credit memos have the effect of increasing the bank balance. They are items credited by the bank to the account of the depositor but not yet recorded by the depositor as cash receipts.
A typical example of a credit memo is a note collected by the bank in favor of the depositor and credited to the account of the depositor. Other good examples are matured time deposits transferred by the bank to the current account of the depositor and proceeds of bank loan credited to the depositor's account.
What about debit memos? Debit memos have the effect of decreasing the bank balance. They refer to items paid by bank which are charged or debited by the bank to the account of the depositor but not yet recorded by the depositor as cash disbursements. Typical examples are, as follows:
a. NSF or no sufficient fund checks - checks deposited but returned by the bank for insufficiency of funds.
b. Technically defective checks - checks deposited but returned for having no signature or countersignature, erasures not countersigned, mutilated checks, or the amount in figures conflicts with the amount in words.
c. Bank services charges - charges for interest, collection, checkbook and penalty.
d. Reduction for loan- decrease in current account balance of the depositor deducted by the bank in payment for loan owed to the bank which has already matured.
The preceding are the reconciling items in the book balance of the depositor. These are items that require adjusting entries on the book of the depositor to bring the cash in bank balance to its correct amount for balance sheet purposes.
To proceed with the bank reconciling items, deposit in transit are collections already recorded by the depositor as cash receipts but not yet reflected on the bank statement.
Examples of deposit in transit are collections already forwarded to the bank for deposit but too late to appear in the bank statement; and undeposited collections or those cash on hand awaiting delivery to the bank for deposit.
Outstanding checks are checks already recorded by the depositor as cash disbursements but not yet reflected on the bank statement. They include checks drawn and already released to payees but not yet presented for payment to the bank.
Errors will have to be analyzed for proper treatment. These are reconciling items of the party who committed them.
PureComfortLinens.com, the ecommerce outlet of Vicera Enterprises, Inc., a duly registered corporation, offers a wide variety of high quality bedding and accessories for every bedroom in your house. It carries simple and colorful linens, stylish bedspreads, conventional comforters with self corded edge finish, etc., balmy pillows, beautiful pillow cases and other bed accouterments. We have been providing consumers with durability and comfort at reasonable prices.
What is Bank Reconciliation?
Why is it necessary to prepare bank reconciliation? Bank reconciliation is necessary only for a demand deposit or checking account. It is very seldom that we find our cash balance per book equals or balances with the balance per bank statement. I guess you are familiar with what a bank statement is.
A bank statement is a monthly report of the bank to the depositor showing the cash balance per bank at the beginning, the deposits entered, the checks paid, other charges and credits and the daily cash balance during the month. Actually, it is an exact copy of the depositor's ledger in the bank's records.
To answer the question, let us illustrate some fundamental transactions affecting the depositor and the bank.
Assume that Quilts & Shams Corporation (depositor) collected $10,000 from a customer in settlement of an account. The collection is deposited at Manhattan Bank. On the books of the corporation, the entry to record the collection and deposit is:
Debit Cash or Cash in bank.. 10,000; Credit Accounts receivable.. 10,000
On the books of the bank, the entry is:
Debit Cash.. 10,000; Credit Demand deposit.. 10,000
(The same is posted to the subsidiary ledger of Quilts & Shams Corporation).
When the bank credits the account of the depositor, it recognizes liability to the depositor. The law acknowledges a debtor-creditor relationship between the bank and the depositor. The bank is the debtor and the depositor being the creditor. Hence, when the account of the depositor is increased the same is credited.
Let us assume further, Quilts & Shams Corporation issued a check for $3,000 in payment of accounts payable. On the books of the company, the entry is:
Debit Accounts payable.. 3,000; Credit Cash in bank.. 3,000
The entry on the books of the bank is:
Debit Demand deposit.. 3,000; Credit Cash.. 3,000
When the company issued check, the payee will present the same to the bank for payment. The depositor is actually ordering the bank to pay the payee or holder of the check out of its deposit in the bank. This is the reason the bank debits the account of the depositor thereby reducing its liability to the depositor. Thus, when the depositor's account is decreased, the same is debited.
When the balances are extracted, the cash in bank account on the depositor's book has a balance of $7,000 and Quilts & Shams on the book of the bank has also a balance of $7,000.
The two accounts have equal balances because they are reciprocal accounts. This means that when one account is debited, the other account is credited. The reason for this is that the two accounts cover or reflect the same items or transactions. Thus, if no errors are committed in recording, and the same information has been recorded by both accounts, the two must have equal or the same balances.
Most often, there are items on the depositor's book which do not appear on the bank records as of the same date. For example, checks issued by the depositor are not yet presented for payment to the bank or deposits may have been made after the bank statement has sent out to the depositor.
Frequently, there are items on the bank records which do not appear on the depositor's book. For example, the bank may have charged the depositor's account with services charges which the depositor may not know about until a statement is received from the bank. Notes endorsed to the bank for collection may have been collected by the bank and credited to the depositor's account but notice of collection has not yet received from the bank.
In view of the foregoing, it becomes necessary to reconcile the balances. A bank reconciliation statement is prepared that brings into agreement the cash balance per book and cash balance per bank. It is usually prepared monthly because the bank provides the depositor a bank statement at the end of every month.
PureComfortLinens.com, the ecommerce outlet of Vicera Enterprises, Inc., a duly registered corporation, offers a wide variety of high quality bedding and accessories for every bedroom in your house. It carries simple and colorful linens, stylish bedspreads, conventional comforters with self corded edge finish, etc., balmy pillows, beautiful pillow cases and other bed accouterments. We have been providing consumers with durability and comfort at reasonable prices.
A bank statement is a monthly report of the bank to the depositor showing the cash balance per bank at the beginning, the deposits entered, the checks paid, other charges and credits and the daily cash balance during the month. Actually, it is an exact copy of the depositor's ledger in the bank's records.
To answer the question, let us illustrate some fundamental transactions affecting the depositor and the bank.
Assume that Quilts & Shams Corporation (depositor) collected $10,000 from a customer in settlement of an account. The collection is deposited at Manhattan Bank. On the books of the corporation, the entry to record the collection and deposit is:
Debit Cash or Cash in bank.. 10,000; Credit Accounts receivable.. 10,000
On the books of the bank, the entry is:
Debit Cash.. 10,000; Credit Demand deposit.. 10,000
(The same is posted to the subsidiary ledger of Quilts & Shams Corporation).
When the bank credits the account of the depositor, it recognizes liability to the depositor. The law acknowledges a debtor-creditor relationship between the bank and the depositor. The bank is the debtor and the depositor being the creditor. Hence, when the account of the depositor is increased the same is credited.
Let us assume further, Quilts & Shams Corporation issued a check for $3,000 in payment of accounts payable. On the books of the company, the entry is:
Debit Accounts payable.. 3,000; Credit Cash in bank.. 3,000
The entry on the books of the bank is:
Debit Demand deposit.. 3,000; Credit Cash.. 3,000
When the company issued check, the payee will present the same to the bank for payment. The depositor is actually ordering the bank to pay the payee or holder of the check out of its deposit in the bank. This is the reason the bank debits the account of the depositor thereby reducing its liability to the depositor. Thus, when the depositor's account is decreased, the same is debited.
When the balances are extracted, the cash in bank account on the depositor's book has a balance of $7,000 and Quilts & Shams on the book of the bank has also a balance of $7,000.
The two accounts have equal balances because they are reciprocal accounts. This means that when one account is debited, the other account is credited. The reason for this is that the two accounts cover or reflect the same items or transactions. Thus, if no errors are committed in recording, and the same information has been recorded by both accounts, the two must have equal or the same balances.
Most often, there are items on the depositor's book which do not appear on the bank records as of the same date. For example, checks issued by the depositor are not yet presented for payment to the bank or deposits may have been made after the bank statement has sent out to the depositor.
Frequently, there are items on the bank records which do not appear on the depositor's book. For example, the bank may have charged the depositor's account with services charges which the depositor may not know about until a statement is received from the bank. Notes endorsed to the bank for collection may have been collected by the bank and credited to the depositor's account but notice of collection has not yet received from the bank.
In view of the foregoing, it becomes necessary to reconcile the balances. A bank reconciliation statement is prepared that brings into agreement the cash balance per book and cash balance per bank. It is usually prepared monthly because the bank provides the depositor a bank statement at the end of every month.
PureComfortLinens.com, the ecommerce outlet of Vicera Enterprises, Inc., a duly registered corporation, offers a wide variety of high quality bedding and accessories for every bedroom in your house. It carries simple and colorful linens, stylish bedspreads, conventional comforters with self corded edge finish, etc., balmy pillows, beautiful pillow cases and other bed accouterments. We have been providing consumers with durability and comfort at reasonable prices.
Bamboo Beach Towels are Eco-Friendly- Go Green at the Beach!
After swimming and mollycoddling in sea water, there is nothing more entrancing than wrapping you with a luxury bamboo beach towel. By purchasing a bamboo beach towel in a way create a change in the world because organic fibers are eco-friendly and with the least environmental impact. Bamboo towels are awesome, so soft and lighter not only on us but also the earth.
The term organic describes agricultural products manufactured without using synthetic fertilizers and pesticides. Organic farming considers the whole eco system, helps plant growth and rebuffs pests through natural techniques. It also advocates and protects wildlife environment.
To protect the natural habitats, the new trend of sustainability is eco fashion. The purpose of which is to create a system which can be supported by protecting the environment from destruction and pollution through social responsibility. Sustainable fashion is part of this great design where products are created taking into consideration the impact on society and the environment throughout its life span.
Using organic materials, bamboo towels are made from materials that are grown in organic soils free from synthetic products such as commercially manufactured fertilizers and pesticides. There are organic rules regulated by the government of countries that regulate organic products.
Bamboo is a renewable source and regenerative, a tropical grass and with extensive root system that sends out three to four shoots per year. It is one of the world's most fecund and fastest-growing plants, and can grow up to 60 feet or more.
For centuries bamboo has been used in traditional hand-made paper for centuries in Asia. Today, bamboo pulp is a good source of producing yarn and fabric. It has a tensile strength to that of steel.
Bamboo cellulose is used to make rayon, which explains the fact that bamboo towels are not hard as the term suggests. Rayon is regenerated cellulose that requires intensive processing which naturally underlines bamboo eco-friendliness. Rayon is the oldest manufactured fiber developed since l880 as a cheaper substitute for silk.
Bamboo is an inexhaustible natural resource for it grows so quickly and can be harvested every three years. It is therefore more eco-friendlier than cotton. Like cotton, bamboo towels are also naturally antibacterial, and antifungal, but dry faster than cotton.
Bamboo towels are more absorbent and softer after washing than other kinds of towels however expensive. They are machine washable and remain soft on its own; there is no need for a fabric softener.
Bamboo is used because it is soft, softer than the softest cotton and comfortable. It has also a natural sheen and feels like cashmere, keeping the skin cooler in hot temperatures and warmer during cold temperatures. It is hygienic and protective having natural UV properties, odor resistant and anti-static.
Be a part of the eco-system and assist the environment and society. Organic products come in different practicable and aesthetically pleasing innovations.
PureComfortLinens.com, the ecommerce outlet of Vicera Enterprises, Inc., a duly registered corporation, offers a wide variety of high quality bedding and accessories for every bedroom in your house. It carries simple and colorful linens, stylish bedspreads, conventional comforters with self corded edge finish, etc., balmy pillows, beautiful pillow cases and other bed accouterments. We have been providing consumers with durability and comfort at reasonable prices.
The term organic describes agricultural products manufactured without using synthetic fertilizers and pesticides. Organic farming considers the whole eco system, helps plant growth and rebuffs pests through natural techniques. It also advocates and protects wildlife environment.
To protect the natural habitats, the new trend of sustainability is eco fashion. The purpose of which is to create a system which can be supported by protecting the environment from destruction and pollution through social responsibility. Sustainable fashion is part of this great design where products are created taking into consideration the impact on society and the environment throughout its life span.
Using organic materials, bamboo towels are made from materials that are grown in organic soils free from synthetic products such as commercially manufactured fertilizers and pesticides. There are organic rules regulated by the government of countries that regulate organic products.
Bamboo is a renewable source and regenerative, a tropical grass and with extensive root system that sends out three to four shoots per year. It is one of the world's most fecund and fastest-growing plants, and can grow up to 60 feet or more.
For centuries bamboo has been used in traditional hand-made paper for centuries in Asia. Today, bamboo pulp is a good source of producing yarn and fabric. It has a tensile strength to that of steel.
Bamboo cellulose is used to make rayon, which explains the fact that bamboo towels are not hard as the term suggests. Rayon is regenerated cellulose that requires intensive processing which naturally underlines bamboo eco-friendliness. Rayon is the oldest manufactured fiber developed since l880 as a cheaper substitute for silk.
Bamboo is an inexhaustible natural resource for it grows so quickly and can be harvested every three years. It is therefore more eco-friendlier than cotton. Like cotton, bamboo towels are also naturally antibacterial, and antifungal, but dry faster than cotton.
Bamboo towels are more absorbent and softer after washing than other kinds of towels however expensive. They are machine washable and remain soft on its own; there is no need for a fabric softener.
Bamboo is used because it is soft, softer than the softest cotton and comfortable. It has also a natural sheen and feels like cashmere, keeping the skin cooler in hot temperatures and warmer during cold temperatures. It is hygienic and protective having natural UV properties, odor resistant and anti-static.
Be a part of the eco-system and assist the environment and society. Organic products come in different practicable and aesthetically pleasing innovations.
PureComfortLinens.com, the ecommerce outlet of Vicera Enterprises, Inc., a duly registered corporation, offers a wide variety of high quality bedding and accessories for every bedroom in your house. It carries simple and colorful linens, stylish bedspreads, conventional comforters with self corded edge finish, etc., balmy pillows, beautiful pillow cases and other bed accouterments. We have been providing consumers with durability and comfort at reasonable prices.
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