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The study of business organization is study of complexity: as each business is different, each form of business organization is also unique. From a local hot-dog vendor to a trucking company, from a restaurant to a multinational, each business has different legal, moral and ethical concerns, and there is no one size - fits-all" approach to determine how a business should best be organized. Take the first two businesses, the hot - dog vendor and the trucking company, as an example : assume that each business is operated by a single individual.
Question:
Question 1. Explain any 5 advantages and Disadvantages of sole proprietorship and Company form of organization.
Question 2. Mention the differences between company and sole proprietorship in terms of
Question 3. Harees ltd, a Private company purchased a machinery on 1st April 2001 for $ 4,75,000 and spend $ 25000 on its installation. The machinery estimated that it's working life 5 years. Depreciation is provided at 10% per annum on original cost method (Straight line method) Accounts are closed on 31st March each year. Show Machinery account for 3years
Financial Statement Analysis and Preparation
Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?
An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.
Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.
This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited
Prepare general journal entries for Goela Ltd
Prepare the journal entry to record the acquisition of the assets.
Prepare general journal entries to record the transactions, assuming use of the periodic inventory system
Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.
Explain the IASB Conceptual Framework's perspective of users and their decisions.
T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .
Computation of Free Cash Flow
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