Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question - John owns a convenience shop called City Conv. The following events occurred for John during 2019- 2020 financial year.
(i) John incurred legal expenses as he was sued for false advertising.
(ii) John purchased new fridge to the shop - $800. In addition, his builder added more space to the shop front. This cost him $22,000.
(iii) John ordered 1000 new T-shirts with printed City Conv's logos for marketing purposes. These costs him $1,500.
(iv) John received a City of Sydney fine for putting his sales item for display outside his shop without a permit. He required to apply for a permit to use the footpath.
Required - With reference to relevant legislation and case law advise John on the assessability and/or deductibility of above events.
give four examples of overhead expenses which may be common infactory overheads as well as in administrative overheads
Explain the components of internal control; evaluate internal controls. Identify the missing internal control characteristic in each situation
Go to the IRS's Bars and Restaurants ATG and review the 101 ways to steal from a restaurant. The IRS advises agents to focus on what three items?
explain carefully the meaning of the terms convenience yield and cost of carry. what is the relationship between
The plan has a $2,000 deductible, but his employer contributed $1,500 to Rex' s HAS. Rex withdrew only $800 from the HAS, and the account earned $50 interest during the year.
How are period costs reported in the financial statements?
Prepare journal entries for the following credit card sales transactions (the company uses the perpetual inventory system).
chae corporation uses the weighted-average method in its process costing system. this month the beginning inventory in
the following information is available pertaining to bonita division who uses a plant-wide overhead rate on machine
Materials used in product $109,000 Advertising expense $55,000. Compute the following: Cost of goods manufactured
Discuss the statement: "Since I have high credit card limits, I have lots of money." Are credit cards money? Why or why not?
What do you know about Enterprise resource planning (ERP) software, write a detail note on the ERP suppliers and their products?
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd