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Question - Ashish purchased a motorbike on hire purchase system on 1.4.1996. Total cash price of motorbike was 63,920 payable Rs.15,920 and three installments of Rs.16,000 each year plus interest at 5% payable at the end of the year. Depreciation is to be charged at 10% p.a. on straight line method. Prepare the necessary ledger accounts in the books of Mr Ashish.
Calculate the depreciation expense for each of the first three years under the straight-line method and the double-diminishing-balance method
A public reforestation project is being considered. Assuming 10% cost of capital, calculate the CONVENTIONAL B-C ratio of the project.
PJB Partnership, Prepare the journal entries to record the liquidation of the partnership assuming that the Land is sold for $85,000 in cash
Prepare a list of uncertainties that the CEO faces if she buys the hotel. Prepare a list of uncertainties the CEO faces if she replaces the heart monitors. Which scenario appears to have a greater degree of uncertainty? Why?
If you followed the Global Reporting Initiative recommendations, state 3 types of social issues you would cover in the report and why?
Write who are the shareholders in the selected company. After Analyzingwrite whether the company is moving in the right direction or not.
Prepare a flowchart which demonstrates how accrual accounting and cash flows are linked for a merchandise sale. Analyze the impact on the financial statements of each.
What was the impact of the near failure of Bear Stearns and the failure of Lehman Brothers on Money Markets? What actions did the Federal Reserve
On January 6, Year 1, Lu Corporation purchased a tract of land. Which are the capitalized costs of the land and the new building, respectively?
The firm's tax rate is 35% and the discount rate is 14%. If each outcome is equally likely, what is the expected NPV
How much should you be willing to pay for the stock if you feel that the 7 percent growth rate can be maintained indefinitely and you require a 16 percent?
calculation of additional fund requirement using afn equation.carter corporations sales are expected to increase from 5
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