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Problem 1: Sun limited purchased a machine on 1st july 2019. it is charging depreciation on said Machine at the rate of 20% on diminishing balance method and closes its book on 31st march every year. on 1st april 2021 it sold the Machine for rupees 100000 and suffered a loss of rupees 36000 on the Machine. how much total amount of depreciation has been charged by the company on said machine
Assuming that all shareholders exercise their rights in full, what will the balance of the share capital account be once the rights issue is complete
Prepare, side by side, the correct journal entry for the identical transaction: i. once for a nonprofit entity ii. once for a for-profit company.
Prepare the journal entries that the state would make in fiscal 2013 to record the awards in an appropriate governmental fund
?54,000 in acquiring another patent that clearly extended the existing patent's life to 12/31/15. What amount of amortization expense would Chair record in 20x4
Prepare a cash budget for the months of July through September 2012. Show supporting schedules for the calculation of receivables and payables
She believes the effect will be lost profits of $9,000 in each of the next 5 years. What is the net present value of accepting the special order
In 2015, Apricot Corporation had taxable income of $120,000. What is Apricot Corporation's 2015 income tax liability before any tax credits
The Activity A is 100% complete. However, Activity B is only 75% complete. Calculate the cumulative Actual Cost for task A & B
luke company is preparing its manufacturing overhead budget for 2012. relevant data consist of the following. units to
Which of the statements relating to audit procedures for the conduct of substantive procedures is most correct? Recalculation is effective substantive procedure
Problem - Jansen Company reports the following for its ski department for the year 2015. Prepare a department income statement for 2015
westfield corporation makes two different boat anchors-atraditional fishing anchor and a high-end yacht anchor-usingthe
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