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Question: 1- Business organizations can be classified into different legal forms. List and briefly explain the different forms of business organizations.
2- IAS 16 Property, plant and equipment identifies and describes two different models of accounting for tangible non-current assets. Discuss the importance of these two models
3- The sources of company finances may be various and complicated. Equity capital is the main source of company finances, what are the different types of share capital, explain.
4- For recording assets, the IASB Framework lists a number of different measurement bases which are employed in different degrees and in varying combinations in financial statements. Discuss these bases with examples.
Korean Corporation issued $2 million, 10-year, 6% bonds on January 1, 2015. Prepare the entry to record the sale of these bonds
the bonmatin corporation produces all types of bowling balls. the bowling ball division is currently producing 3750
For the year 2015, McGuire's Auto had Operating Income of $320,000. What would McGuire's Auto's gross profit be for 2015
Identify two or three standards that may have the greatest influence on your Amazon's future financial reporting and explain why they are important.
Calculate the contribution margin per unit. Based on this, should Adams accept the special order? Prepare a contribution margin income statement
On September 11, the customer who had been billed on August 18 complained about being overcharged and was granted a credit of $350.
Huntington Company's annual accounting year ends on December 31. It is December 31, 2011, and all of the 2011 entries except the following adjusting entries have been made:
you are the owner of a small bread factory and are thinking of lowering costs and expanding. your small-business
What are the permanent and temporary differences? What are the deferred tax assets and deferred tax liability
enciso corporation is preparing its cash budget for november. the budgeted beginning cash balance is 31000. budgeted
State the null and alternative hypotheses, both in words and in symbols. Under the conditions described in the scenario, what statistical test would be appropriate? Explain the rationale for your answer
Ace Industries has current assets equal to $3 million. The company's current ratio is 1.5, & its quick ratio is 1.0. What is firm's level of current liabilities
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