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 - Accounting Concepts
Part A - The owner of Max-Mix allocates the entire cost of a new delivery vehicle, which had a cost of $30,000 to motor vehicle expenses in the year the delivery vehicle was bought. With reference to accounting concepts, discuss whether you agree with this accounting treatment.
Part B - Explain the difference between Cash accounting and Accrual accounting. You also need to explain, based on the Conceptual Framework, which is the correct way to record transactions (cash or accrual accounting) and why this is the case.
Part C - Dawid, the owner of a coffee shop, has paid for a holiday for himself and his family. He paid for the holiday from the business bank account and recorded this as a travelling expense in the business' accounting records.
For the transaction above you need to explain:
a) Which Accounting concept/s has/have been violated and b) Indicate what the correct accounting treatment of this transaction will be.
Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.
Accounting problems, Draw a detailed timeline incorporating the dividends, calculate the exact Payback Period b) the discounted Payback Period. the IRR, the NPV, the Profitability Index.
Term Structure of Interest Rates
Write a report on Internal Controls
Prepare the bank reconciliation for company.
Create a cost-benefit analysis to evaluate the project
Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR
Distinguish between liquidity and profitability.
Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.
Simple Interest, Compound interest, discount rate, force of interest, AV, PV
CAPM and Venture Capital
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