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Identify each of the following expenditures as chargeable. Land Land Improvements, Buildings, Machinery and Equipment, other account. Cost of paving parking area for employees and customers. Insurance during construction of building. Interest incurred on loan during construction of building. Fee paid for installation of equipment. Special foundation of equipment. Special foundation for new equipment while in transit. Freight charges on new equipment. Cost of repairing vandalism damage to equipment during installation. Sales tax on new equipment. Cost incurred in repairing damage resulting from installation of new equipment. Cost of land fill for building site. Cost of lubricating oil purchased for periodic from oil changes for equipment. Parking lot lighting. Installing a fence around the parking lot. Repainting the trim on a building. Special assessment paid to city for extension of water main to property. Cost of razing and removing the old building on property acquired for a building site. Delinquent real estate taxes assumed by purchaser on property acquired for a building site. Attomey's fee for title search. Architech's fee for building plans and supervision of construction.
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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