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Q1. Korea Manufacturing purchased a boiler on 1 July 2018 and ends its accounts on 31 December every year. Below is the details of the purchased;
RM
Cost of asset
160k
Deposit paid
16k
Sum financed
144k
Terms of repayment
4.6K for 36 months
Calculate the Capital Allowance for Korea Manufacturing for YA 2019.
Q2. A person who intended to commence a business incurred a GE for acquiring machinery on 10 June 2020. The business starts on 1 October 2020. When is the capital expenditure is deemed to have been incurred?
Q3. Apex Ltd. sold its plant with a residual value of $10k for $18k. The total amount of CA claimed was $15K. how much is the balancing charge?
analyze the situation and recommend a course of action. what should installation division managers do? what should
A sample of 65 weekly reports showed a sample mean of 19.5 customer contacts per week. Find a 90% confidence interval for the population mean and interpret
Craig Roberts purchased one-half of Ennis Leighton's interest in the Vale and Leighton partnership for $34,000. Provide the journal entry to admit Roberts
in this will focus more on the accounting and management of receivables because it is a more difficult topic. accounts
Prepare a flexible manufacturing budget for the relevant range value using 20,200 unit increments
How are these costs expected to change over the next five years? How is the concept of tax expenditures helpful to tax policy analysts
Amiable's common stock Friendly does not own, What amount should Friendly record as investment income for the year ended December 31, 2019?
Faulk Company has a joint process, which produces three products, X, Y, and Z. What will be the effect on profits of processing each product further
harvey alexander an all-league professional football player has just declared free agency. two teams the san francisco
Prepare closing journal entries for Koehn Company for the year ended December 31 - Factory overhead, debit and credit balances $199,200
Based on the Inputs below, prepare a Capital Budget Analysis for this Base Case using the Net Present Value, Internal Rate of Return, Profitability Index and Payback in year's methods, determining whether the project is feasible.
the standard factory overhead rate is 7.50 per machine hour 6.20 for variable factory overhad and 1.30 for fixed
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