Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question - The balances in the accounts of XYZ at 30 June 2012 and 30 June 2013
2013 ($000)
2012 ($000)
Sales (all on credit)
250
350
Cost of Goods Sold
130
110
Doubtful Debt Expense
25
30
Interest Expense
20
Salaries
Depreciation
10
15
Cash
144
139
Inventory
180
160
Debtors
270
Provision for Doubtful Debts
35
Land
150
Plant
100
90
Provision for depreciation
Bank overdraft
19
Accounts Payable
200
190
Accrued Salaries
22
18
Long-term loan
70
Share Capital
120
Opening retained earnings
307
187
Other Information -
Share Capital is increased by the bonus issue of 20 000 shares for $1.00 each out of retained earnings. Plant is acquired during the period at a cost of $30 000, while plant with carrying value of $nil (cost of $20 000; accumulated depreciation of $20 000) is scrapped.
Required - Prepare a statement of cash flow for XYZ Ltd for the year ending 30 June 2013.
Scalability has several dimensions. What are they? What do they mean for ERP installation? Distinguish between the two-tier and three-tier client server model. Describe when each would be used?
Calculate cash payments for inventory purchases using the direct method
natsam corporation has 250 million of excess cash. the firm has no debt and 500 million shares outstanding with a
Determine the total fixed cost per unit of production, assuming that Bender produces 4,000, 4,500, or 5,000 units.
on july 31 2014 mexico company paid 3065200 to acquire all of the common stock of conchita incorporated which became a
Compute depreciation expense on the machine for the year ending December 31, 2010, and the year ending December 31, 2011, using the Straight-line method
1. What are the issues on each property sale, and what are the most effective research key words looking for the relevant primary tax law authorities (you may need to read your findings and repeat the process to find out relevant tax laws and e..
Discuss the difference between performing the capital budgeting analysis from the parent firm's perspective as opposed to the project perspective.
What are the requirements for a fund to be classified as a major fund in the fund financial statements?
on january 1 a company issued and sold a 400000 7 10-year bong payable and recieved proceeds of 396000. interest is
When comparing various divisions within a company, describe what problems can arise from evaluating divisions that have different accounting methods, as described in Chapter 11 of your text. Cite three examples of accounting methods that could ca..
The organization is planning to implement a company-wide policy with respect to bereavement leave that provides the same benefits to all employees, regardless of their province/territory of employment or their length of employment. Prepare a memo ..
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd