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Question - Peter Smart used to wash cars in the back yard of his home. He set up a car cleaning business and rented premises, hired 2 staff and moved personal equipment to his business premises where a small office was available. He kept very basic records and after 3 months provided you with the following balances at 1 April 2022:
Account balances at 1 April 2022 R
Bank balance 23 000
Equipment 41 000
Consumables on hand 5 200
Creditors 3 700
Capital ?
Show workings to calculate the Capital at 1 April 2022.
Calculate the number of shares outstanding at the time of the cash dividend and the amount of cash required to fund the cash dividend
What is the Price Earnings Multiple of the company?
When a business asks a customer to sign a note receivable for an extension of time on the customer's account receivable?
Wonderful had the following profits after tax: P2,400,000 in 2020 and P2,000,000 in 2019. What is the earnings per share in year 2019
Super Sales Company is the exclusive distributor for a revolutionary bookbag. What is the break-even point in units and in sales dollars
at the beginning of the 2014 school year britney logan decided to prepare a cash budget for the months of september
Journalize the entry to record the factory labor costs. If an amount box does not require an entry, leave it blank
Materials are the forms used in the application process, and these costs are incurred at the beginning of the process. Prepare cost reconciliation schedule
Record all necessary entries on the books of Gale (the consignor) for the goods sent, sales, cost of sales, and cash remittance
The unit sales price is $80, unit variable cost is $40, and the fixed costs per month are $5,000. What the margin of safety in terms of sales revenue
On January 1, 2017, Alpha Corporation had 50,000 shares, Use this information to determine the book value per share as of end of the FY 2017
Longhorn Corporation provides low-cost food delivery services to senior citizens. Prepare the Income Statement for Longhorn Corporation
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