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1. From your review of note 3.7, how does the company determine whether a sale has occurred?
2. Using the consolidated income statement and consolidated statement of financial position identify TWO items that may result in adjusting entries for deferrals.
3. Using the consolidated income statement, identify TWO items that may result in adjusting entries for accruals.
4. Is Zetar Plc using a multiple-step or a single-step income statement format? Explain how you made your determination.
5. What is the approximate tax rate of Zetar Plc's "Tax on profit from continuing activities?"
6. Using the notes to Zetar Plc's financial statements, explain what each of the following are:
a) Adjusted results
b) One-off items
A company is considering investing some independent proposals, The proposals with their expected net present values and standard deviations are given in the following table.
The following information for the six months ended 31 December 2009 relates to the business of Mr N Morris: a) Opening cash (including bank) balance Rs 1,200 b) Productio
DIVIDENDS The dividends that appear in the consolidated statement of change in equity are for the holding company only. This is because the dividends of the subsidiary belong to
Content of accounts Periodical accounts should normally consist of: 1. Balance sheet of the whole trust; 2. Capital account; 3. Income account
Q. Determine the indicated market price per share? Your company's share is quoted in the market at Rs.20 Presently. The company pays a dividend of Rs.1 per share and the invest
Static Balancing : This balancing is complete in the plane of unbalance. Dynamic Balancing : In this case two balance planes are needed because forces along couples are to
Mr. Inherits 30000. Decides to open a salon jj salon. On 1/4/2016 commits 10000 to the business Opens an a/c in the bank What will be the money under capital in his books on 1/4/10
Q. A prior period adjustment that corrects income of a prior period requires that an entry be made to a. an income statement account. b. a current year revenue or expense account.
wrote check to purchase law books for 2500 what 2 accounts
methods of preparation of trial balance
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