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Namberry (Pty) Ltd sold a vehicle on 31 October 2020 for N$120 000. The vehicle was originally purchased on 1 November 2018 at a cost of N$300 000. The accumulated depreciation at 31 October 2020 is N$200 000. The wear and tear allowances that have been claimed on the vehicle up to date of sale are N$150 000. The remaining vehicles have a Carrying Amount of N$240 000 as at year end. These vehicles were all acquired on the same date
Problem 1: Calculate recoupment and capital profit
The business receives an offer of $2,000,000 for it. Should the monetary amount assigned to the land in the business records now be increased
Prepare any outstanding adjusting journal entries for the year ended March 31, 2013 and post them to the trial balance. Prepare all financial statements in good form for the year ended March 31, 2013.
Using Excel. Prepare the journal entry to record the acquisition by Bullseye Company. Submit your solution in same Excel file as for Problem 1.
Your supermarket needs to mark up most grocery items enough to cover an avergae expense total of 20.5% and also enough to generate at least 2% profit . a new brand of canned plums is arriving today which cost you $18.40 per case (24, 13.6 ounce cans ..
Please describe the circumstances of the case study and make the required recommendations. Explain your approaches to the problems, perform relevant calculation
Calculate the March Quarter GST amounts for each item. Identify any private use items and adjustments. Complete the GST calculation worksheet supplied
What are some factors to consider in evaluating a company's ability to make payments on outstanding debt? Please explain the factors rather than just.
Did the common buy back a significant amount of its shares in the current year? You can see this in the Statement of Stockholders' Equity as a reduction in shares.
Doris was 70 ½ on May 20, 2018. Assume that her federal tax rate is 22%. What amount of federal taxes must she pay on her $3,000 withdrawal?
What is the present value of a $775 annuity payment? What is the future value of a $500 annuity payment over eight years if interest rates are 14 percent?
valuation of ending work-in process using process costing.the following information is available for department a for
Does that mean the company did something wrong? Can Allowance for Doubtful Accounts have a debit balance at the end of the year
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