The size of the progress of a country can be seen from the successful development of the country. Income per capita, economic growth, unemployment, and population growth rate is partly an indicator to measure the success of development. Grouping the countries into developed and developing countries is generally based on economic and technological sectors.

The characteristics of developed countries
Developed countries are countries whose lives are patterned industry that has the following characteristics.
a. Average income per capita of the population is generally high.
b. Education level of high average population.
c. Life expectancy of the population average height.
d. Population growth rate per year is relatively small.
e. The death rate per year is relatively small population.
f. Life-style market economy.
g. His wide and varied field.
h. Economic activity in most industry sectors, as well as export commodities.
i. The majority of the population lives in cities.
j. Relatively high level of population health.

The characteristics of developing countries
General characteristics of the developing countries are as follows.
a. Average income per capita of the population were generally low.
b. Education levels low average population.
c. Life expectancy lower average population.
d. Population growth rate per year is quite high.
e. The mortality rate is relatively high population per year.
f. Livelihoods of the population is generally patterned agrarian.
g. Narrow the field work.
h. Commodity exports of raw materials, rather than processed ingredients.
i. The majority of the population live in rural areas.
j. Low levels of population health.
k. High unemployment figures.

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meaning of money
Money is a goods that has specific properties and functions to facilitate the exchange.

Terms of money
a. Acceptable to the public.
b. Stable value or fixed
c. Durable and not easily broken.
d. Easy to carry anywhere.
e. Easily be shared without reducing the value.
f. Having a quality time.
g. The amount is limited.

functions of money
Money has the following functions:
a. original function
1. money as a tool for public exchange, it means everything in the form of items or services can be exchanged for money.
2. money as a tool to calculate the unit, meaning that money can be used to determine its size required in the production cost.

b. derivative function
1. Exchange as an indicator of the price, meaning to indicate the unit price of the goods specified by the number of units of currency.
2. money for payment, meaning that money is used to convert the goods or services in buying and selling activities, to pay taxes, fines and others.
3. Exchange as a means to save or store, that means to save some money from the production.
4. Exchange as a driver of economic activities, everyone worked hard to earn money.
5. money as a tool for shaping and transfer of wealth, that means collect or save the form of wealth. Money can also be used as a tool to convert the wealth that can not be moved.
6. money as a tool for forming the creator of employment and capital, meaning money can be exploited to build a company that can, in turn absorb the workforce.
7. money as debt payment default, meaning that money can be used to pay debt, calculated with the standard or measure of money.

Credit comes from the Greek, the word ‘credere’ which means trust. Thus credit is defined as the delivery of performance by one party (lender) to another party (debtor), and the creditor believes that the performance will be returned at the appointed time accompanied by a performance counter.

To measure the level of trust is used indicator called 5C consisting of:
a. Character, namely one’s personality.
b. Capacity, ability to use and restore.
c. Capital, which owned their own capital.
d. Collateral, the collateral provided.
e. Condition of economics, namely the condition of the economy.

Of the five things most dominant is the collateral or guarantee. Credit guarantees can be:
a. Guarantee of fixed goods and chattels.
b. Assurance people.
c. Collateral securities.
d. Assurance profession.

Consolidated profit / loss is presented by the company at the end of the period after the completion of a sum phase of accounting cycle. This report should be presented according to the quality of accounting information so as to provide accurate and reliable information to the user. Consolidated profit / loss is also a healthy indicator of whether or not the condition of the company during a certain period.

Consolidated profit / loss is systematically compiled reports of revenues and expenses during the accounting period. Account balances of revenue and expense account balances are counted to know the profits / losses of companies in the period.

Constituents of the profit / loss
Basic elements contained in the profit / loss consists of income and expenses. These two aspects are to be recorded in the profit / loss at the end of the period.
a. Income (revenue). Revenue represents an asset value which resulted in the increase in capital value. Revenue is divided into the gross revenues and revenues outside the business. Operating revenues are revenues obtained by the company due to the company’s main activity, such as service revenue. Revenue from outside the business is income derived from activities outside the company’s corporate business, such as interest and rental income.
b. Expense. Expenses are the costs incurred by the company to obtain economic returns. This resulted in capital expenditures for the company to be reduced. Expenses are divided into operating expenses and expense out of business. Operating expenses are costs incurred to finance the company’s main activities, such as salaries, electricity and telephone expenses, administrative expenses, and transportation expenses. Expenses outside the business is the cost incurred to finance activities outside the company’s main activities, such as interest expense.

Benefits of the profit / loss
Consolidated profit / loss is presented at the end of the period of companies have the advantage, among others:
a. Assessing the company in generating profits from its business (profitability).
b. Analyzing the use of venture capital during one accounting period.
c. Knowing the company’s future development.
d. Making the statement of profit / loss as a basis for decision making.

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