Complete an application form

Assignment Help Accounting Basics
Reference no: EM131099164

TRANSACTION ASSIGNMENT

PART 1

Register a Proprietary Limited CO. You should refer to Section 117 of the Corp. Act, complete an APPLICATION FORM and prepare all relevant consents NB section 117(2).You must also create a share register NB sections 167, 168 and 169.

PREPARE a CONSTITUTION - refer to sections 134 and 135.Your company's INTERNAL MANAGEMENT is to be governed by a COMBINATION of replaceable rules and a constitution.

THE CONSTITUTION MUST ONLY MAKE PROVISION FOR A CLASS OF REDEEMABLE PREFERENCE SHARES- NB sections 254A (2) and (3) of the Corp Act.

PART 2

RESEARCH then EXPLAIN the REASON and JUSTIFICATION for the following sections of the Corp Act: - SECTION 124; SECTION 129(1) and SECTION 588M (3). Your analysis of each section is worth 5% .WORD LIMIT -approx. 200 words per section.

NB DO NOT copy the section into your answer.

NB DO NOT copy and paste the constitution from any source

Reference no: EM131099164

Questions Cloud

What were the major factions in the mexican revolution : What were the major factions in the Mexican Revolution? Discuss their various programs' similarities and differences. How did their rivalry shape Mexico's new nationalistic state?
In what native american groups did potlatches occur : In what Native American groups did potlatches occur most frequently in the early 1800s? The difference between the value of the workers' contributions to production and the wages that they are paid is called.
Free cash flow valuation : Nabor Industries is considering going public but is unsure of a fair offering price for the company. Before hiring an investment banker to assist in making the public offering, managers at Nabor have decided to make their own estimate of the firm'..
Description of a personal learning episode : A description of a personal learning episode that will be the focus of your reflection of learning. An explanation of your insights into yourself as a learner
Complete an application form : EXPLAIN the REASON and JUSTIFICATION for the following sections of the Corp Act: - SECTION 124; SECTION 129(1) and SECTION 588M (3). Your analysis of each section is worth 5% .WORD LIMIT -approx. 200 words per section.
The value of inherited attribute : Show that in a translation scheme based on Fig. 5.36. the value of inherited attribute B.ps is always immediately below the right side, whenever we reduce a right side to B.
Common stock value-all growth models : You are evaluating the potential purchase of a small business currently generating $42,500 of after-tax cash flow (D0 = $42,500). On the basis of a review of similar-risk investment opportunities, you must earn an 18% rate of return on the proposed..
Compute the npv and irr : Compute the NPV and IRR for the above two projects, assuming a 13% required rate of return. Discuss the ranking conflict. What decision should be made regarding these two projects?
Keep inherited and synthesized attributes : Suppose we have an L-attributed definition whose underlying grammar is either LL( 1), or one for which we can resolve ambiguities and construct a predictive parser.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How do calculate the net loss

How do you calculate the net loss?

  Prepare a payable amortization table for 18 months

In payment the company issued an instalment note payable for this amount, plus interest at 12%p.a. this note was playable in 18 monthly installments starting on 1st July 2014 - Prepare a 12% note payable amortization table for 18 months?

  Fasb codification-comprehensive income

Describe how the authoritative literature addresses comprehensive income. Describe three classifications within net income and give an example of each. Describe three classificiations within other comprehensive income and give an example of each.

  Using the single plantwide factory overhead rate with an

1 pinacle corp. budgeted 300000 of overhead cost for 2012. actual overhead costs for the year were 290000. pinacles

  Following items should be classified as long term

Which of the following items should be classified as long term operational assets?

  Determine the amount of impairment loss

Repeat requirement 1 assuming that the estimated undiscounted sum of future cash flows is $12,000,000 instead of $15,000,000.

  At the end of the current fiscal year an analysis of the

at the end of the current fiscal year an analysis of the payroll records of bev company showed accrued salaries of

  Sales price variance for the two products

What is the sales price variance for the two products?

  Compute the cost of goods sold

Inventory Costing and Periodic and Perpetual inventory Systems Redster Company is a manufacturing firm. Presented below is information concerning one of its products, called Ander. Using an Excel spreadsheet, compute the cost of goods sold under the ..

  At the end of 2013 morley co has accounts receivable of

at the end of 2013 morley co. has accounts receivable of 700000 and an allowance for doubtful accounts of 25000. on

  Prepare a table with the following column headings

In January 2013, ProTech Co. pays $1,550,000 for a tract of land with two buildings.

  Charter corporation which began business in 2013

charter corporation which began business in 2013 appropriately uses the installment sales method of accounting for its

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd