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Q : Two sisters is a partnership that owns and operates a farm....

Accounting Basics :

question two sisters is a partnership that owns and operates a farm during the current year the partnership raised and

Q : Buyu manufacturing has been contracted to provide sael....

Accounting Basics :

question buyu manufacturing has been contracted to provide sael electronics with printed circuit and motherboards pc

Q : Financial markets are the forums in which buyers and....

Accounting Basics :

question financial markets are the forums in which buyers and sellers of financial assets such as stocks and bonds and

Q : What was the amount of the companys working capital at that....

Accounting Basics :

question the balance sheet of a limited company as on 31st december 1958 was as followsre-printed by courtesy of the

Q : Suppose the incomes of buyers in a market for a particular....

Financial Accounting :

assignmentpart 1 truefalseindicate whether the statement is true or false1if the average cost of transporting a

Q : Some years ago parent ltd acquired 60 of the shares of....

Accounting Basics :

question some years ago parent ltd acquired 60 of the shares of child ltd on 31st december 1962 the balance sheets of

Q : A business friend of yours who does not know much about....

Accounting Basics :

question a business friend of yours who does not know much about accountancy has a holding of 1000 ordinary shares in a

Q : During the year ended 31st december 1959 the company earned....

Accounting Basics :

question the balance sheet of a limited company as on 31st december 1958 was as followsre-printed by courtesy of the

Q : The balance sheets of a ltd and its subsidiaries b ltd and....

Accounting Basics :

question the balance sheets of a ltd and its subsidiaries b ltd and c ltd at 31st december 1961 are summarised as

Q : The company has until recently made trading losses....

Accounting Basics :

question the following is the balance sheet manufacturing co ltdthe company has until recently made trading losses

Q : A and c were three companies engaged in the same trade and....

Accounting Basics :

question a beta and c were three companies engaged in the same trade and all preparing accounts annually to 31st march

Q : Megas ltd has an issued share capital of 50000 ordinary....

Accounting Basics :

question megas ltd has an issued share capital of pound50000 ordinary shares and 10000 7i per cent preference shares of

Q : For some years the adjo trading company ltd has made....

Accounting Basics :

question for some years the adjo trading company ltd has made provision in its books for taxation based on all profits

Q : Interest paid net on 50000 6 debentures for the year....

Accounting Basics :

question give the journal entries for the grossing up of the following paymentsa interest paid net on pound50000 6

Q : On 30th september 1960 the arconia co ltd issued 30000 4....

Accounting Basics :

question on 30th september 1960 the arconia co ltd issued pound30000 4 debentures interest bemg payable on 31st march

Q : Brisk limited has an authorised share capital of 150000 in....

Accounting Basics :

question brisk limited has an authorised share capital of pound150000 in shares of pound1 each of which 100000 shares

Q : The authorised share capital of the excelsior machine co....

Accounting Basics :

question the authorised share capital of the excelsior machine co ltd is pound250000 divided into 60000 5 per cent

Q : On 31st december 1961 a limited company owned machinery....

Accounting Basics :

question on 31st december 1961 a limited company owned machinery which appeared in its balance sheet drawn up as on

Q : It was decided to issue a further 3000 ordinary shares at a....

Accounting Basics :

question the following was the balance sheet of a ltd at 31st march 1962it was decided to issue a further 3000

Q : Karnatic ltd has issued 500000 of debentures at par on the....

Accounting Basics :

question karnatic ltd has issued pound500000 of debentures at par on the condition that it opens up and invests a

Q : A companys debenture redemption account shows a balance of....

Accounting Basics :

question a companys debenture redemption account shows a balance of pound19000 represented by pound20000 nominal

Q : On 1st january 1956 the xy trading company limited issued....

Accounting Basics :

question on 1st january 1956 the xy trading company limited issued debentures to the value of pound50000 repayable in

Q : Having purchased a 10-year lease of his premises for 5000....

Accounting Basics :

question having purchased a 10-year lease of his premises for pound5000 mr a ross asks advice regarding the

Q : On 1st january 1958 the argos co purchased a lease for....

Accounting Basics :

question on 1st january 1958 the argos co purchased a lease for pound10000 the lease was for 20 years it was decided to

Q : Smith and thompson are partners in a manufacturing business....

Accounting Basics :

question smith and thompson are partners in a manufacturing business sharing profits and losses in the following