Food Safety FAQ Tips and Tricks for a Safe, Clean Kitchen

Food Safety – FAQ Tips and Tricks

Food Safety is very important and knowing about it can help keep you and your family healthy. Here are some answers, tips, and tricks, to frequently asked questions that you may have about food safety.

“What is the safe holding temperature for foods that are already cooked?”

If you have any potentially hazardous foods which are not served immediately after you are done cooking them, then they must be either cooled down to a temperature of less than 40 degrees, or held at 140 degrees or higher.

Food safety is all about keeping the foods you cook at the right temperatures, and not in the danger zone.

“What Happens if I do not hold the food at temperatures under 40 degrees or above 140 degrees?”

Foods that are held at a temperature that’s either under 40 or over 140, it is in what is called the Danger Zone.

This is not a good thing because if the food doesn’t get take care of in less than 2 hours, you run the risk of causing a food borne illness outbreak.

The amount of time spent in the danger zone does not reset if you decide to take it out again and return it to the danger zone.

This is because when it is in the danger zone it is growing bacteria and refrigerating your food doesn’t kill them, it just slows them down.

“What are foods that are considered to be potentially hazardous?”

This would include high protein food items such as poultry, milk, milk products, gravy, fish, shellfish, etc. These will all gladly support the growth of harmful bacteria causing a food borne illness.

“What is the difference between a food borne intoxication and a food borne infection?”

Certain bacteria under certain conditions produce chemicals and toxins in food which when ingested by a person, will cause a food intoxication.

A food borne infection is caused by the ingestion of food containing a bacteria, virus, or parasite that must multiply within the gastrointestinal tract before causing symptoms and problems.

This is why food safety is so important!

“What causes a food borne illness?”

Most of the time, the majority of food borne illnesses can be traced back to one or more of the following:

Food that has been cooked too far in advance to serving.

Food had poor refrigeration.

Food was not held at the correct temperature.

There was a lack of adherence to personal hygiene standards.

The person responsible was careless in the preparation of the product and the application of what was recommended to them.

“What is the best way to thaw frozen foods?”

If you have frozen food you are trying to thaw don’t use methods such as exposure to excessive heat, hot air, or hot water. Instead, thaw the frozen foods in the refrigerator.

This will take a little more time, but you will have a much better final product. For perfect thawing, 36-38 degrees is perfect.

You can even use their original wrappers and packaging to enhance uniform thawing and also reduce moisture loss.

“Is there a problem with pastries?”

Yes, cream puffs, custard filled pies and cakes, eclairs, and all products similar to those must be prepared and cooked under sanitary conditions, covered, cooled quickly, and refrigerated until they are served. They also must remain under refrigeration when serving.

“How should ice be handled when used as part of the meal being served?”

Ice that is intended to be served for human consumption in food or drinks must be made from potable drinking water only.

Ice should definitely be handled carefully like anything else and should be protected from contamination.

“Why are pastries so important to keep refrigerated?”

Pastries filled with dairy products and/or eggs, are highly perishable and provide ideal culture platform for pathogenic organisms to grow on. Only the quantity of food that will be consumed for the day should be prepared.

“What is the best method of freezing cooked foods for serving at a later date?”

Before you start freezing food that you’ve cooked, it’s important to cool it down quickly and as fast as you can so bacteria don’t grow.

Food Safety

A great way to do this is to place the containers of warm food into an ice bath, or another container filled with ice cubes and water. Wedge the containers into the ice and keep stirring the food occasionally.

Stirring ensures that the center of the food cools as well. As the mixture cools, a great way to find out the temperature is to use a thermometer.

This is the best way you know exactly when it gets to the right temperature to be wrapped labeled and placed in a freezer.

It is so pleasant to work with experts. Read more to find out more regarding acim.
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Pre Employment Screening: Applicant Tracking Solutions With This Feature

When hiring new employees, background checks are essential. More specifically, pre-employment background checks are used by many companies before they even consider hiring someone. The screening process for a potential employee will give you the appropriate information you need to see if they are the right fit for you and your company.

There are many bullet points under the pre-employment screening process that a recruiter professional might want to consider. The first is a credit report. Some employers, for one reason or another, decide to hire a candidate based on their credit report – but they can not just obtain one freely. According to the Fair Credit Reporting Act, before an employer obtains a credit report they must get written consent from the candidate. A copy of the credit report must be given to the applicant and they have the right to challenge the report. Bankruptcies, which can also apply to a pre-employment screening can appear on a candidate or employee's credit report. However, discriminating or hiring based on a person who has filed for bankruptcy is prohibited under the Federal Bankruptcy Act.

Education is often a factor when it comes to the hiring process. Even so, there are regulations when it comes to obtaining school records such as transcripts. Along with some state laws, the Family Educational Rights and Private Act are to remain confidential and require permission from the student.

Another facet of the pre-employment screening process are criminal records. A candidate's criminal past can also help inform a recruiting professional's decision. However, there are regulations that vary from state to state when it comes to hiring a candidate based on their criminal history so it would be wise to consult with a law professional so that everything is compliant.

The use of lie detector test in a pre-employment screening process is not allowed under the Employee Polygraph Protection Act. There are some exceptions such as security guard services, alarm system professionals, businesses that utilize armored car services and many who are involved in the pharmaceutical business.

Medical records also play a role in pre-employment screening . Again, an employer can not discriminate against a potential employee based on a persons physical or mental disability. This is prohibited by the Americans with Disabilities Act. However, an employer can ask about a candidate's ability to do the tasks of the job they are applying for. For example, if the applicant is applying for a job that requires heavy lifting, the employer can ask if they do have the ability to perform tasks that require heavy lifting.

There are many ins and outs when it comes to the pre-employment screening process. By knowing what to screen for and how to screen for it, a business can make their hiring process effortless.

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Facts on Aerial Photography

The art of photography has grown greatly. From those old pictures that were black and white and some images were even blurred to what the modern society has, which is defined through clarity and detail, the art of photography has certainly suffered great changes. Actually, so grand have the modifications been that today, people have something called aerial photography to refer to. Although the entire technique seems to be specific for the modern society, it is worth knowing that this people made use of aerial photography in 1858. The first person to have taken photos from impressive heights was balloonist Gaspard-Félix Tournachon. If you want to get an idea of how aerial photos looked like back in the 1850s, then you could look at one of the vintage postcards, because this is how this technique functioned.

Of course today, things have changed greatly and photos taken in this manner, as well videos performed through aerial cinematography. Much has been invested in the development of the right technology and for good reason. It is truly surprising to see all the ways one can make use of aerial filming, as well cinematography. Here are a few examples of domains, which have a constant need for these techniques that will surely convince you of the fact that investing money in this direction is a very profitable plan. Aerial photos are relevant in the making of topographic maps, archeology, movies and commercial, even in the promotion of certain location for touristic purposes. Looking at the environmental concerns, which are increasing in number, it is relevant to mention that indeed aerial filming can be used in different related analysis. So far, anyone can tell that such photographing techniques are needed, making possible for several tasks to be handled appropriately. However, what might seem as a mystery to most is the actual manner in which these photos are taken. In some cases, this is performed by means of a highly equipped, professional camera, handled by an expert, situated in a plane. Still, there are some photos that present locations, which are impossible to enter by means of a plane. This certainly leads to the following question: how were these photos actually taken?

Well, at this point, you have to allow your imagination to fly, because this is what scientists did for a brief moment and came up with the following method. They have managed to develop plenty of platforms that can be used to take surprising pictures. Some are controlled drones. These are actually small devices on which a photo or filming camera is place, its mission being to enter some of the hardest to reach locations and take photos or make videos. Of course out of the many photos such a device can take, the photographer will start editing the pictures, to give them a proper professional appearance and the final result to be the expected one. Thanks to technology, the world has changed greatly and in some areas for the better. When it comes aerial photography and filming, much can be said, but the bottom line is that it can lead to spectacular results.

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Employment Law, Part I

Just how serious is employment law to the small businessperson? Very serious and let me tell you a true story; A horror story, which will make you think about just how serious these issues can be. In San Antonio TX one of our wash trucks was driving down the road and a border Patrol Officer passed them. We run a company which does onsite washing; Http://www.CarwashGuys.com . Down the road they dropped over two trucks and were handcuffing Mexican illegal aliens from those company's work trucks. Our crew drve by on their way to work. They had just left the shop and had on board two workers who worked for Labor Ready Co, for a year and a half previously and were still employed from them from time to time. We had gotten extra workers and filled our service truck with workers who were temporaries to work for us since they needed extra help with the full schedule that day.

The border patrol officer was then done with the other companies' trucks and saw we had Hispanic labor in the back and folded over our truck after chasing it down the highway. Turns out Labor Ready had hired the illegals because theyave fake identification to them; I question the Labor Ready procedures. Labor Ready charges us $ 11.95 per hour for workers they pay $ 5.40 per hour. That is fine with us on those super busy days. So it's a deal and saves us from background checks for jobs that are not too serious like rinsing car lots. Well we found out that 4 of the five workers we had gotten from Labor Ready did not have green cards or US Identification of any type, so they cuffed them right on the highway and took them in. Good, we do not hire illegals anyway. But think about it we hired labor from a reputable nationwide company, a franchise called Labor Ready. They take care of all this stuff and charge us up the gazooo for the workers.

We know they are overcharging but for temporary extra labor for one day it is worth it. They told us there are certain questions that can not ask them when hiring, such as are you a US Citizen or where were you born or things like that. I can not believe we have laws in the banking industry called "Know your customer laws" yet in employment we have no "Know your employee laws". We have an unspoken do not ask the employee anything except when you can start and explain the type of work. We have laws in banking so we catch money launderers and those who are working hard to not pay taxes they owe.

So it is okay for the government to enforce those laws through private enterprise, but it is not okay for employers to ask questions to protect homeland security and save themselves from embarrassment. Of course in this case it is not a crime to hire someone who has given you false information, and we can not collect damages from a company who followed the employment laws? So what the hell do we do here? We want to help enforce the law as well, so do all true Americans. But we have so many laws in place that keep us from helping the situation.

Incidentally the workers who were handcuffed called us at 7 am morning two-days later and are ready to work and asked what time to meet. They were picked up at 9 am hand cuffed and stamped and exported that day. They were back in one day ready to work within 2 days. Some border patrol we have, what a complete joke; Protecting America, me ass? Why not implant a homing devise in these illegals and track them by satellite and find out the leaks in the system and plug them; Homeland Security or Homey Land of opportunity. You step up border patrol and catch these people and document on a board the number of deportees, yet they come the day back into the country. This is a true story you can call me for more information.

We have half a notice to go to the border patrol and give them free truck wash every morning and ask them to run the workers records and remove them from the crew. Sometimes the yellow truck will be known for not hiring illegals. A few weeks of that and every one who comes to work for us from Ready Labor will know it. Is this what we have to do to plug the system? Can not the border patrol guys figure it out; Then we will? If you can not enforce our borders then open them. But do not lie to the small businesses of America that somehow we are protected at our borders. We are not. This is a sham. Did not the Jordan Commission spend years putting together a plan only to have it never implemented? Why did we waste or breath? This is pure politics, not reality; Another of Smoot's points in his book "The Business Side of Government." One of the workers asked to work for us again and he wanted to borrow the twenty dollars he spent for the bus ride from Laredo to San Antonio. Even the illegals think this is a joke. We told him he could not work for us anymore. He did not understand why, because other businesses would have I guess that is why he was dumfounded when we told him to get lost. We called the border Patrol and they said they could not pick him up unless we knew for sure he was illegal. We said well you picked him up yesterday is he suddenly legal now? Can you prove it? No, all we can prove is your system does not work and that Labor Ready is doing an injustice to its customers, stocksholders and this country by not enforcing the laws of our land; The same laws, which have provided economic wealth to them over the years. Are they doing this all over the country? Yes.

The manager of Labor Ready said they did not like the laws either, but they needed to make a living and the companies need workers. So does this mean that Labor Ready who has offices all over Texas never disclosed this to their stockholders or customers? Yes it does, which is a gray area at least and a violation of disclosure law at best. The truth here is that no one cares. We make rules to appease the masses who vote for these things and tell the people we are saving them from terrorists. What about terrorists who are dark skinned and speak Spanish? What if a Middle Eastern spoke Spanish and was a terrorist and told the others he snuck over the border with he was from Argentina, they would not know either. And the business owner would hire them through a temp agency, who was making money off the business owner pointing to employment laws and said, well they had fake paperwork not my fault. Maybe it is not the border patrol's fault but shunning responsibility does not save us from the next attack.

Either we are worried about the next attack or we are not. I want someone to call me from the INS or Border Patrol to discuss this and I want a satisfactory answer or we will take this true story and document it and send it to the media one day before we send it to all the Congressmen and Senators. If we are not worried about terrorists then tell us. If we are, then fix the leaks. Why does it take 10 years to fix problems, when international terrorist groups only wait 3-5 years between acts? Good question worth answering and with all the BS and rhetoric we are seeing opposition from the Hispanic Chambers of Commerce and Hispanic Politicians. With 65% of the population of San Antonio Hispanic who do not want these laws at all, then extend the Mexican Border to include San Antonio TX as a free zone. Why not make it all of Texas and we can then defend the borders of Texas, which can be a free zone with Mexico.

If you are just going to give it lip service and not fix the leaks of illegals then open the borders and forget it. This is pathetic. We know how to enforce the barriers and we give out fines to businesses who do not complain, yet allow free entry by anyone who can walk. I am surprised we have not made ADA mandated border crossings for those in wheel chairs or are asthmatically challenged. Put in 1 foot per 1 inch inclines over the Rio Grande for those in wheel chairs and then nice sidewalks all the way to Washington DC so they can have a baby and run for Congress or become a radical speech writer and proponent of mass demonstrations and guns . You think I am kidding do not you. I am serious all this is so fake and such a ridiculous waste of breath and tax payers money.

End of Employment Law, Part I

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How E-Commerce Can Increase You Revenue

Small and medium-sized businesses (SMEs) 10 years back found it hard & highly costing to work Globally. But nowadays Internet has made things much easier, from Small shops to large enterprises are now doing online business internationally and available 24/7 for anyone in the world.

E-commerce Websites are cost effective and its staff reducing, Where online strategies that can deliver much greater returns on a limited budget with affordable and efficient website solutions.

While it is impossible to know how many people actually see print advertising, online advertisers can track precisely how many see each and every ad and how many website visits it generates, enabling businesses to attract the highest

volume of targeted traffic, at the lowest possible cost. Whatever the visitor action – making a purchase, signing

up for a newsletter, downloading a report, conversions are the key to measuring Return On Investment.

With e-commerce you will get the opportunity to build your All-Time-Open-Shop and offer all services & products online which can be purchased with a click of a mouse.

Professional web site design is critical for success in the modern Internet Business World. Offering an attractive, intuitive interface with a logical and easy to use navigation layout will make the difference between a happy visitor (and potential client) and a frustrated web surfer at your website.

Your website is an integral part of your image, identification and communication strategy. Successful web communication comes from grabbing your visitors’ attention and providing a website that is comfortable to use. your web site should do both-innovative design captures the eye and is followed by a familiar and easy to navigate path.

A well-designed website is a mission-critical investment in

o enhancing brand image

o building consumer confidence

o increasing willingness to buy

From overall Website design and architecture, the simple things like clear contact information and telephone numbers, testimonials and case studies. Customers want to find what they’re looking for.

Setting up all requirements to accept payments online and automating all the processes, its all depends on reliable Web Development & Web Hosting solutions to ensure the best performance of your e-business.

Your E-commerce business can have its own online customer service solutions to meet your customers satisfaction like:

o Complaints Management System

o Live Chat Support System

o Trouble ticket System

o Online Billing System

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Top 3 Secrets For Mom’s Who Own a Home Based Business Yet Would Like to Maintain Their Sanity

Are there days when you feel like you’re home based business is doomed? Or days when you have seriously questioned if being a stay at home mom was the right choice? Mixing mommy hood and home based businesses can be a scary combination.  Many moms who survive will figure out a few tricks of the trade the hard way at the expense of lost business or with frustrated children who lash out.  Please, let me spare you at least some of those lessons. Here’s what I’ve found to keep my home based business moving forward while maintaining a happy household without losing my mind:

SUCCESS SECRET#1:  Schedule Your Business Time.   Make your family time family time and your business time business time.  I used to try to just hop on the phone and/or computer throughout the day when I got a free minute, but soon I’d find myself in the middle of toddler meltdown with a client on the phone or my page of marketing strategies being used as snowflakes (you know torn to bits).  My daughter needed my attention and when it was split between her and my business it made things frustrating for the both of us.  Now I keep my business time and my daughter time separate.  I work on my business during her nap, or during a movie and after she goes to bed. I switch my phone off and focus on her when it’s her time.  This means when I do get to work I have to be efficient and focused so I automate what I can and let the internet and my computer do a lot of the work for me. Then I give my business the attention it needs and only I can provide without all the frustration. Likewise, my daughter gets the attention she needs and the meltdowns are much fewer and farther in between. 

SUCCESS SECRET #2:  Call for Back Up.  Maybe your children don’t nap anymore or maybe you just need more time to work on your business than a 1-2 hour nap will provide. It’s time to call in for backup. Family, friends or a babysitter coming over even just once or twice a week can make a big difference on what you can accomplish.  I’d recommend if possible even locking yourself in your office/bedroom/or going to another location where you can be uninterrupted.  Even if the baby just doesn’t want to go down for her nap,  your babysitter of choice will figure something out or worst case scenario, phone you.  You’ll find yourself better able to focus on your business without distractions and on your children when you know you’re going to have a few a hours to handle all those pressing business concerns. 

SUCCESS SECRET #3:  Get some Rest.  This one was difficult for me.  I have a hard time sleeping when I know I have something left undone, even if it’s just an idea I need to go write down.  But what I’ve found is when I don’t get enough sleep. I am not a happy mommy and when I am not a happy mommy I have less patience for my children, which we all know is probably the most important job requirement when dealing with children, especially toddlers.  Give yourself a bedtime and stick to it.  Almost everything will wait and you’ll be fresher and better able to handle it in the morning.  If you’re like me and you just can’t sleep, try making a list for the next day.   For some strange reason that makes me feel that whatever the task was, it has at least been accounted for and therefore it will not be left undone or forgotten.  My mom always told me, “a good mom, is a happy mom.”  It’s much harder to be happy when you’re suffering from sleep deprivation. At the very least, get yourself to bed early a couple nights a week.

So there you go. Pretty simple. Just always keep in mind you own a home based business FOR your children not inspite of them and remember some days it’s worth it to just throw in the towel and take a break. Or maybe rather throw that towel in a bag, get the sunscreen and take the little ones to the pool. That’s the beauty of home based business ownership. You are the boss and when you see the need for a mini-vacation, you go get it girl!

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The ClickBank E-Commerce Solution

ClickBank.com can offer you multiple solutions for

your e-commerce business. Here are some of the

advantages of using ClickBank.

1. Accept Credit Cards Without a Merchant Account

If your product is downloadable (such as electronic

books or software), ClickBank may be an excellent

solution for you. For a $49.95 initial fee, you can

process credit cards and on-line cheques for $1.00

per transaction plus 7.5% of sales.

2. Start Your Own Affiliate Program

With ClickBank, you have your own built-in affiliate

program. You decide what commission (from 1% to 75%)

you would like to pay your affiliates.

To learn more about ClickBank.com, visit

http://www.yenommarketinginc.com/buy/clickbank.html

3. Receive Free Advertising

You receive additional exposure through free listing

on the ClickBank website and through the search

facilities of other websites, such as CBMall.com.

To learn more about CBMall.com, visit

http://www.yenommarketinginc.com/buy/cbmall.html

4. Obtain Referral Commissions

Even without applying for ClickBank credit card

processing, you can earn referral commissions on

thousands of ClickBank Marketplace products.

To learn more about ClickBank Marketplace, visit

http://www.yenommarketinginc.com/buy/clickbank-marketplace.html

5. Eliminate Sales Tax Problems

Are you registered for Value Added Tax (VAT) for

online transactions for European Union (EU)

countries since July 1, 2003?

Are you collecting the appropriate state or

provincial sales taxes?

If you are a Canadian, are you aware of your

obligation to collect Goods and Services Tax (G.S.T.)

and Harmonized Sales Tax (H.S.T.) on Internet

transactions?

Again, ClickBank may be your solution. ClickBank

is registered for EU purposes and adds the

appropriate VAT to each transaction.

As well, to deal with ClickBank, you must agree to

sell your product to them. ClickBank then resells

your product to their customers. Thus, ClickBank

becomes the retailer responsible for collecting

sales taxes — not you. Obviously, ClickBank will

not be subject to sales taxes in most jurisdictions.

Since ClickBank is located in the United States and

can only sell or use the products it sells from

there, it would appear that Canadian G.S.T. and

H.S.T. would not be applicable to them.

Of course, this is not legal advice. To determine

your liability for sales and similar taxes, consult

your lawyer and accountant.

To read more about sales taxes on Internet

transactions, visit

[http://www.yenommarketinginc.com/e-commerce-tax.html]

Considering its many advantages, ClickBank may well

be your e-commerce solution!

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Build Family Connection Through This Family Craft Project

When's the last time you sat down as a family and got your fingers sticky together ?!

If your family goes to a regular religious service, you already have a lot of ceremony and ritual built into your life. These practices not only connect your kids to a greater power, they make them feel more connected to you. As you sit in physical portfolio focused on a common uniting experience, your energies and body rhythms line up and match.

Have a Deliberate Plan for Connection

Families without the external structure of coming together have to be more purposeful about creating these experiences that will nourish your children's sense of being woven into a part of the larger whole that is your family.

Of course, playing a game or cooking a meal together as a family are wonderful ways to bond, but some children need something more concrete or visual. That's why I love the idea of ​​putting some time away as a family to do a project that represents the family.

Here's an idea you might try: Family Placemats

Purpose: To create a visual depiction of family memories and values; To have each family member contribute equally; To foster a positive view of both individual members and of the family as a whole.

Procedure:

1. Print out or draw multiple pictures of each family member (pets included!).

2. Create multiple sentence stems and have each family member fill them out:

Ex: What I love about our family is _________________________.

We are the kind of family that __________________________.

My favorite family memory is when ___________________.

Our family is special because we ________________________.

3. Brainstorm other symbols or images that represent your family. Perhaps you will print out pictures or maps of where your family comes from or what you love to do together.

4. Use marks to write the positive qualities of the family members in large print. Are there people in your family who are thoughtful? Funny? Disciplined? Creative? Hard working? Good problem solvers? Write those things down. Do not attach names to them. In this case, we are de-emphasizing the practices of the individual and instead displaying what are the strengths this family team has together.

5. One you have a rich pile of materials, give each family member a placemat size piece of construction paper. Have each person take one item from the pile and glue it onto the placemat. Now hand each table mat clockwise to the next person. Again, each person will choose something from the pile to glue to the placemat. Once done, rotate again. Continue this process until each placem is full and / or the pile of materials has been used up.

6. Once the glue has thoroughly washed, cover the placemats with clear contact paper or take them to your local copy shop and have them laminated.

Benefit:

Not only will this project allow for you to focus on what makes you unique as a family, but it will be an oasis of time when you are creating goodwill amongst you. Even more importantly, by working in the round-robin style, no one person feels ownership over the design of any one placem. Each mat will reflect the developmental stages of your children and will be a mixture of more or less sophisticated efforts depending on their ages and personalities. (No perfection allowed here!) Because you have all had a hand in creating each one, when it comes to using them, family members will be delicated to get whichever one they happen to get.

Think this idea is too corny to do with your older kids? Think again! Make some excuse if you need to. Perhaps one of your children is entering high school-or even moving away to go to college or get a job. Tell your kids you want to mark this passage and have a way to daily remember the best part of being a family, even as kids grow up and outward. Teens may not admit to enjoying such a family project, but they will secretly treasure it and carry with them that warm fuzzy feeling of family love and connection.

One last rule! Ban electronics from the table while doing this project. The point is to come together as a family – not to each be checking Snapchat or Facebook. Your kids might grumble, but in the end they will be glad they have done it.

Happy Gluing!

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Distinction Between Provisions And Reserves

Reserves

1. It is created by debiting the profit and loss appropriation account.

2. It is created to meet an unknown liability, or to strengthen the financial position of the company or for equalization of dividends etc.

3. A reserve is created only when there is profit in the business.

4. It can be distributed among shareholders as dividend.

5. The reserve is created without taking into consideration the actual amount required except in the case of redemption of debentures when a definite sum is set aside.

6. Creation of reserve depends upon the financial policy of the business and discretion of its management.

7. It is usually shown on the liability side of the balance sheet as it is not a specific reserve.

Provisions

1. It is created by debiting the profit and loss account.

2. It is created to meet a known liability or a specific contingency, e.g.. provision for bad and doubtful debts, or provision for depreciation etc.

3. A provision is created irrespective of whether there is profit or loss in the business.

4. It is not available for distribution as dividend among shareholders.

5. A provision is made for a definite amount and, therefore, a definite sum is set aside every year to meet the known contingency.

6. Making of a provision is a must to meet known liability or contingency.

7. The provision is generally shown on the assets side of the balance sheet.

Distinction between general reserve and specific reserve

General reserve

1. It is created for a specific purpose.

2. It is utilized for that specific purpose, for which it was created.

3. Whether profit or no profits, it must be created.

4. It is necessary to create in order to ascertain profit.

5. It is shown on the debit side of profit and loss account.

6. Net profits are reduced because of it.

Specific Reserve

1. It is created not for any specific purpose but for meeting future contingencies.

2. It can be utilized for meeting any future loss.

3. It is created only when there are sufficient profit.

4. They are created only when there are profits i.e. they depend upon profits.

5. It is shown on the debit side of profit and loss appropriation account.

6. Only distributable profits are reduced because of it.

Reserve Fund

Profit set aside and used in the business is a reserve. But profit set aside and invested outside the business is a reserve fund. Thus, the use of the term ‘fund’ indicates

investment of reserve outside the business.

Sinking Fund

A sinking fund is a fund built up by annual contributions. The contributions are invested outside the business in readily realizable securities. Interest received on investments is reinvested in the same securities.

A sinking fund may be (i) for replacement of fixed assets or (ii) for the redemption of debentures or repayment of loan. A sinking fund for the replacement of a fixed asset is a provision. But a sinking fund for redemption of debentures or repayment of loan is an appropriation of profits. A sinking fund represents amount invested outside the business.

Distinction between reserve fund and sinking fund

Reserve fund

1. Investments are not for definite period.

2. It is created always out of divisible profits.

3. Interest received on investments representing reserve fund may not be re-invested.

Sinking fund

1. Investments are for a definite period.

2. It is not always out of divisible profit e.g. sinking fund for replacement of asset is provision for depreciation, it must be created even if there are no profits.

3. In case of sinking fund, interest is always re-invested.

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Giving Your House Garden a New Look

Have you thought of cleaning the house or giving the garden a new look, these are activities which can possibly generate a lot of waste as you will have to dump a lot of damaged materials. If it’s a new look you want your house to have then it obvious that lots of things will be dumped. You can be sure the old things like the tables, doors and other unused things will have to go out.

This really makes it a difficult job especially if you have a lot to throw away. How do you get these things out of the house? Do you get a skip to do the cleaning or you take the pain to take them yourself.

Getting a skip to do this work comes with a lot of merits, but most importantly they have enough space to cater for any amount of waste. So you do not have to carry them on your own on several trips. Once the skip is hired to do this job, you save time and energy and, it really cool when it really a large waste.

It really do not matter the lager amount of waste you will want to dispose, you will surely find a skip that will be able to carry it for you. All that must be done is to get out the waste into them at the set time then a track will come for it.

But if your thinking skip has no negative side then read this, it is some times very expensive to hire. Particularly if you are not able to host it on, your own compound or garden. Again because it is very often put on your grass or in your garden you will find it hard working in the garden area if you planned to.

For people who are not operating commercially. It free and that is what is great about using the local tip. And you do not really have to go germ skip when your waste is not much. In that case you can do, it yourself to save some capital.

But it becomes a problem when you do not leave closer to this facility and also if you have a considerably huge waste to clear. In this condition you have to go on several trips and that is certainly time- consuming.

But at the end it really depends on the individual and the load of waste he or she has to dump. If you have a much smaller waste, then you can do the clearing yourself but if it is that much then hiring the skip will not be a bad option.

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