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on february 22 kountry repair service extended an offer of 200000 for land that had been priced for sale at 250000 on
the following is the summary of the receipts and issues of material in a factory during december 2007 prepare store
auditors have the responsibility to be familiar with the particular statements on auditing standards sas issued by the
describe the act of posting a transaction from the general journal to the ledger what difficulties could arise if no
question 1a rty plc is a uk retail company with retail outlets in the south-east and north-west of england in total the
a chief concern about the push for global accounting standards is the possibility that the developed economies
keeper issued a 22000 note payable for purchase of furniture sold at carrying value furniture that cost 27000 with
parentco sells street vending carts and has been in business for 10 years the subsidiary subco has been in the business
hyperion landscaping ltd currently keeps its accounting records in a manual system but now intends to move to a
are you familiar with accounting software you may have used such software at work but many of you are likely to be
simon runs a small one man and a van haulage business he has asked you to help him prepare a set of accounts for the
jerome plc bought a large plot of freehold land for pound3600000 on which jerome intends to build a storage depot the
it is conceivable that uk accounting and reporting for non-current assets could be changed to a system based on one of
many plc financial reports now include information on ratios or these can be found on such systems as extel or
no further questions are provided in respect of this chapter as we feel students will benefit more from open discussion
1 identify the reasons for differences in financial accounting practices within europe2 do all european countries adopt
gamma plc has issued share capital of pound1000000 nominal value of ordinary shares is pound2 and accumulated profits
the following is an extract from the statement of financial position of comp plc as at 313x6nbsppoundmordinary shares
the directors of britton plc wish to raise additional capital they currently have in issue one million pound1 ordinary
answer the following questions for both sole traders and companiesa is there any statutory regulation governing themb
from the following balances relating to the accounts of a small football club as at 31 march 20x8 draw up the income
currant commenced business on 110x2 purchasing fixtures and fittings for pound25000 and a van for pound16000 the
the following non-current assets are bought by c brewer for use in her business on 11x0nbspcostestimated useful
as at the year end 3112x5 the following debts out of a total debtors figure ofpound54500 are found to be bada
in the trial balance given at question 9 the following issues were discoveredan item of sale had been correctly entered