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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
Dividends During the year, the company paid a dividend of Sh.2 per share on the ordinary share s outstanding and Sh.1 on the preference shares outstanding. The company is now pr
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Creation An express trust is "created not by facts and circumstances, but by the express words of the settlor". (Fitzgerald v Stewart) It may be created in the following ways:
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Can you do the attacched quections by Monday?
Q. What is Taxation and capital allowances? The suppositions made regarding taxation should be investigated. The tax rate has-been supposed to be constant when there may be dif
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