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1. What accounting firm performed the audit of Zetar's financial statement?
2. What is the address of the company's corporate headquarters?
3. What is the company's reporting currency?
4. What two segments does the company operate in, and what were the sales for each segment in the year ending April 30, 2011?
5. Identify five differences in the format of the statement of financial position used by Zetar Plc company to a company, such as Tootsie Roll, that follows US GAAP. Tootsie Roll's Financial Statements are posted on Vspace as an attachment to this assignment.
6. Describe in which statement each of the following items is reported, and the position in the statement (e.g., current assets) it is reported in.
7. From your review of note 3.7, how does the company determine the amount of revenue to record at the time of a sale?
Q. Limitations of the five year period of analysis? A number of restrictions to the analysis potentially arise - The approach doesn't take account of future benefits/costs a
Received 10,000 contribution from bill london in exchange for common stock What 2 accounts are used
These are the indirect costs that are related with manufacturing. Absorbed costs involve expenses like insurance, or property taxes for the building in which the production process
1. A fellow student says to you: "The statement of cash flows is the easiest of the basic financial statements to prepare because you know the answer before you start. You compare
PROTECTION AGAINST CLAIMS The trustees may protect themselves against claims after discharge in the following ways: 1. As regards liability for rent and other obligations und
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how to do it in samply form?
Illustration of Head office records In order to provide a check that branch managers and staff deal properly with goods and cash passing through their hands, goods are normally
Q. Define Return on capital employed? Return on capital employed (ROCE) is as well called accounting rate of return. Distinctly IRR ROCE uses average annual accounting profit b
Are revenue and expense accounts permanent accounts and should not be closed at the end of the accounting period?
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