Pass diary passages

Assignment Help Finance Basics
Reference no: EM13904521

A, B and C are accomplices sharing benefits and misfortunes in the proportion of 3:2:1 and on the retirement of C, the different resources and liabilities are revalued as under:

Pass diary passages on revaluation of these advantages and liabilities.

Reference no: EM13904521

Questions Cloud

Cultural relativity of ethics and technology : Discuss the Cultural relativity of Ethics and Technology
Giftedness according to various researcher : What is the concept of giftedness according to various researcher?
Discuss on the topic bread slicer machines and form a report : Discuss on the topic bread slicer machines and form a report TOTAL WORDS-895
Cleaning of processing plant overall clarity and integrity : troduction for the company Establishment of organisation Development / growth of the company Milk collection& product range (variety of products) Manufacturing process
Pass diary passages : Pass diary passages on revaluation of these advantages and liabilities.
Alternate resources and liabilities : It was concurred that with the exception of money, alternate resources and liabilities were to be demonstrated at old figures to be determined sheet.
Meet the debenture retirement need : Metro Corporation needs to resign Rs20 million of debentures every toward the end of 6, 7, what's more, a long time from now. How much ought to the firm store in a sinking trust account every year for a long time.
Benefit sharing proportion : That the capital records of the accomplices be re-balanced on the premise of their benefit sharing proportion through their present records.
Revaluation account : Pass the diary sections; set up the Profit and Loss Adjustment Account (Revaluation Account) Partners' Capital Accounts and the Opening Balance Sheet of the new firm.

Reviews

Write a Review

Finance Basics Questions & Answers

  With continuous compounding at 8 percent for 20 years what

with continuous compounding at 8 percent for 20 years what is the approximate future value of a rs. 20000 initial

  Use this information and the sales budget prepared in s22-3

review your results from s22-3. grippers expects cost of goods sold to average 60 of sales revenue and the company

  Explain the fact that their roe is about 12 percent

It is widely known that grocery chains have low profit margins-on average, they earn about 1 percent on sales. How would you explain the fact that their ROE is about 12 percent? Does this seem logical?

  What is the long-run equilibrium level of capital

Assuming no changes in any of the parameters, besides the change in K over time, what is the long-run equilibrium level of capital?

  Why analysts forecasts relevant for business decision making

Discuss whether you believe analysts forecasts are more relevant for business decision making than financial statement information.

  What is the price of a share of hnh stock now

Assume that management makes a surprise announcement that HNH will no longer pay dividends but will use the cash to repurchase stock instead. What is the price of a share of HNH stock now?

  How would you hedge that risk

Assuming that interest rate risk is the only risk of concern, will the hedge described above be effective? Why or why not? Is there any other risk that deserves to be considered? If so, how would you hedge that risk?

  The pear torte sales are always listed in cell f7

Suppose you have listed Le Napoleon's monthly sales of pear tortes in a twelve-sheet workbook. The first worksheet contains January sales, the second worksheet February sales, etc. The pear torte sales are always listed in cell F7.

  Use what formula when reading word problems

Preparing for final exams Part 1 and Part 11 for FIN534  and get worried about using the correct formulas and when to use what formula when reading word problems and all the answers to the questions are tricky.  They ask which one is correct.  Any su..

  What role does asset allocation play in investment planning

What role does asset allocation play in Investment Planning?

  What is the internal rate of return for the two investments

What is the internal rate of return for the two investments? Which investment(s) should the firm make? Is this the same answer you obtained in part a?

  What is the approximate rate of interest

What is the approximate (nominal) rate of interest on the 10.19 percent add-on loan?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd