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REQUIRED
1. PREPARE THE ACCOUNTING POLICY NOTE FOR INCLUSION IN THE FINANCIAL STATEMENTS OF LOTUS LIMITED AS 30 JUNE 2016. YOU WILL NEED TO RESEARCH THE ACCOUNTING POLICY DISCLOSURE REQUIREMENTS OF APPLICABLE ACCOUNTING STANDARDS AND THE CORPORATIONS ACT 2001. AS AN EXAMPLE AASB 101 AND AASB 119 ARE RELEVANT.
2. PREPARE THE NECESSARY NOTES OR GENERAL JOURNAL ENTRIES TO COMPLY WITH THE APPLICABLE ACCOUNTING STANDARDS.
3. CRITICALLY ANALYSE THE RELATIONSHIP BETWEEN THE CORPORATE CITIZENSHIP REPORT AND FINANCIAL STATEMENTS. IS LOTUS LIMITED REQUIRED TO PREPARE THE REPORT? SOME COMPANIES HAVE REPORTS TITLED: ENVIRONMENTAL AND SOCIAL RESPONSIBILITY.
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Should the Corporation make or buy the bindings and show calculations to support answer.
capati corporation is working on its direct labor budget for the next two months. each unit of output requires 0.41
1 identify which of the following statements is true. a. a partnership can be an s corporation shareholder. b. a
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Answer the following questions using examples and applications from the readings. Justify your answers using economic concepts and ideas as they apply. Each response should be between 100-200 words.
note for this textbook edition the rate 0.6 was used for the futa tax rate for employers. the following unemployment
Ron served as a resident advisor in a dormitory and, therefore, the university waived the $2,500 charge for the room he occupied. What is Ron's adjusted gross income for 2010?
Ted, who went into business recently, keeps records on a work sheet similar to that illustrated in the text. At the start of the new year, his work sheet shows these balances
Refer to the consolidated statements of earnings on shown below of the Campbell Soup Company annual report in the appendix.
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What is the probability that you will make a Type I error given that the null hypothesis is true? The probability of type I error is actually alpha given that the null hypothesis is true so it is 0.01.
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