User Account

All Pages

Make memo to the owners explaining why cannot do

Assignment Help Financial Accounting
Reference no: EM132906804

Stadacona Road and 1339828 Ontario Ltd. are owned by the same ownership group of four people. Stadacona Road is a limited partnership which owns two Tim Horton's franchises and 1339828 Ontario Ltd. owns one Wendy's franchise. The owners have instructed you the bookkeeper, to show some of the sales figures for 1339828 on the Stadacona Road's books and some of the Stadacona expenses on 1339828's books, to improve the financial position of the limited partnership.

Problem a. Explain with examples why the owners would want to do this.

Problem b. a memo to the owners explaining why you cannot do this.

Reference no: EM132906804

Questions Cloud

How much does direct labor cost per hour : How many hours per hr. 260, 700 Units made 7700 Figure the immediate work rate difference and the immediate work proficiency change?
Superficial and embedded sustaining change : While change is inevitable in most organizations, there is a difference between change that is superficial and embedded sustaining change.
How many lbs per lb are standard direct materials : How many lbs per lb are Standard Direct materials? How much per lb does Standard Direct material weigh? How long did Direct labor take?
Success or failure of the change process : We have determined that change is inevitable and subject to a number of variables attributing to the success or failure of the change process.
Make memo to the owners explaining why cannot do : Make memo to the owners explaining why cannot do. Stadacona Road and 1339828 Ontario Ltd. are owned by the same ownership group of four people.
First steps in developing company strategy : Define the terms vision, mission, and values. Why are these three concepts the first steps in developing a company's strategy?
Discuss the purpose of budgetary control in companies : Discuss the purpose of budgetary control in companies like AIMS. AIMS is a company manufacturing and selling a wide range of industrial products
Financial intermediaries presented by securitized assets : What are the risks to the financial intermediaries presented by securitized assets? Discuss whether the purchasing power parity exists.
What are the possible combinations : What are the possible combinations? How many possible combinations of two types of accounts can be affected by adjusting journal entries

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

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

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.

  Financial accounting assignment

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

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

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 frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

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

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd