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Q : A company purchases 10000 3i war loan at 88 cum interest on....

Accounting Basics :

question a company purchases pound10000 3i war loan at 88 cum interest on 1st april 1958 brokerage and stamp duties

Q : A james whose accounting period ends on 31st march each....

Accounting Basics :

question a james whose accounting period ends on 31st march each year has the following transactions in government

Q : A sand and gravel company are engaged in working a sand pit....

Accounting Basics :

question a sand and gravel company are engaged in working a sand pit on 1st january 1956 it entered into an agreement

Q : Automatics ltd granted a licence to p reynolds to....

Accounting Basics :

question automatics ltd granted a licence to p reynolds to manufacture and sell an automatic device on the following

Q : A company makes a charge to its customers for cases in....

Accounting Basics :

question a company makes a charge to its customers for cases in which its product is delivered if they are returned in

Q : Goods are sold by a firm in crates purchased at 76d each....

Accounting Basics :

question goods are sold by a firm in crates purchased at 76d each customers of the firm are charged 10- and allowed 6-

Q : On 1st january 1959 a firm bought machinery at a cost of....

Accounting Basics :

question on 1st january 1959 a firm bought machinery at a cost of pound2000 and on 1st july 1960 additional machinery

Q : A company was incorporated on 1st january 1960 and on that....

Accounting Basics :

question a company was incorporated on 1st january 1960 and on that date purchased two machines each costing pound1000

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

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 : 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 : Two professional firms agree to amalgamate their practices....

Accounting Basics :

question two professional firms agree to amalgamate their practices the first firm consists of three partners a beta

Q : In 1955 a set up in business as a sole trader on 1st....

Accounting Basics :

question in 1955 a set up in business as a sole trader on 1st january 1956 b joined him as a partner taking one-third

Q : Pc and y are equal partners on 1st july 1962 they agree to....

Accounting Basics :

question pc and y are equal partners on 1st july 1962 they agree to admit zeta as partner zeta is to pay pound2000 as a

Q : Up to 31st march 1959 henry john and kenneth had been....

Accounting Basics :

question up to 31st march 1959 henry john and kenneth had been trading in partnership and sharing profits in the

Q : Scott and king who occupied adjacent shops became partners....

Accounting Basics :

question scott and king who occupied adjacent shops became partners as from 1st january 1962 capital contributed was

Q : A and c are in partnership at exton and wyeton sharing....

Accounting Basics :

question a beta and c are in partnership at exton and wyeton sharing profits in the ratio 442 their balance sheet at

Q : Hale neath and redcar who had been carrying on business in....

Accounting Basics :

question hale neath and redcar who had been carrying on business in partnership sharing profits and losses in the

Q : The partners agreed to dissolve the partnership on 30th....

Accounting Basics :

question hx y and zeta are in partnership and their agreement providesa each partner is to receive a salary of pound500

Q : Read white and blue are in partnership the following is....

Accounting Basics :

question read white and blue are in partnership the following is their balance sheet as at 31st december 1961 on which

Q : Audrey limited invited applications for 200000 of its 1....

Accounting Basics :

question audrey limited invited applications for 200000 of its pound1 ordinary sharesapplications for 250000 shares

Q : On 1st january 1960 cabinet construction ltd offered 100000....

Accounting Basics :

question on 1st january 1960 cabinet construction ltd offered 100000 pound1 ordinary shares to the public at a price of

Q : The rotar company limited was formed to purchase the....

Accounting Basics :

question the rotar company limited was formed to purchase the business of roberts and taring who share profits

Q : Enterprise ltd agreed to purchase as at 30th june 1959 the....

Accounting Basics :

question enterprise ltd agreed to purchase as at 30th june 1959 the business of day and night whose balance sheet at

Q : Nether and wallop were equal partners and their balance....

Accounting Basics :

question nether and wallop were equal partners and their balance sheet at 31st december 1961 was as followson 1st