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This can be in the form of a Memo or a letter and you can use dot points As part of your role you have been asked to develop a policy on debtors and creditors.
You are required to develop a policy for debtors and creditors for Alana Adams and this must include the following:
Problem 1: What procedures must Alana take to ensure (1) creditors are paid by the due date, (2) creditors are paid early when a discount is offered, and (3) creditors are not paid twice
Problem 2: What procedures must be taken to identify debts that are doubtful and those that are bad and must be written off
Problem 3: What procedures should be in place when chasing up debts, e.g. when and how should phone calls be made, letters of demand, legal action
Financial Statement Analysis and Preparation
Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?
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 and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.
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 Ltd
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Prepare general journal entries to record the transactions, assuming use of the periodic inventory system
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 Framework's perspective of users and their decisions.
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
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