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Problem 1: These balances and totals are from Bantu Ltd for the year ended 30 June 2020. Real accounts section 30-Jun-19 30-Jun-20 Inland Revenue: Income Tax 12,000.00 15,000.00 Shareholders for dividends 15,000.00 20,000.00 Nominal accounts section 30-Jun-20 Income tax expense 38,000.00 Under-provision for taxation in the previous year 3,200.00 Dividends Interim 18,000.00 Final 20,000.00 You are required to: 1. Calculate the amount of dividends and taxation paid.
A assuming 5-year depreciation. Her accountant reviews the analysis and changes the depreciation method to 3-year depreciation. This change will
Sales Returns and Allowances $22,000; and Sales Discounts $13,500. Prepare the sales section of the income statement
What are the limitations of this sampling method, and in what specific ways could the sampling method have affected the findings
Prepare a schedule computing the net cash flow from operating activities that would be shown on a statement of cash flows using the indirect method
Discuss what could have been done differently during the design phase. Why were most of the problems encountered? How might a detailed feasibility study have helped?
Determine the cost assigned to ending inventory and to cost of goods sold using LIFO. (Round cost per unit to 2 decimal places.)
Assuming the company does not prepare reversing entries, what is the journal entry to record the repayment of the note on March 1
Prepare Consolidation Worksheet Entry E at December 31, 2016 - Prepare Consolidation Worksheet Entry TA at December 31, 2016 (In order to receive credit, you must show your calculations):
Longlast INc. produces car batteries
Create a cover letter and resume for yourself for a job you would like to have. Please do not include personal information.
Warwick's Co., a women's clothing store, purchased $75,000 of merchandise from a supplier on account, Journalize Warwick entries to record the purchase
Consider the purchase of a new PC to be used by you at your work (or by you at a job that you would like to have). Describe in detail three alternatives for this new PC that represent the low, middle, and high points of a continuum of potential so..
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