Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Accounting for non-current assets
Brisbane Connection purchased an item of equipment for cash $84,700 including 10% GST on 1 July 2019. It is expected that the useful life of the equipment will be 8 years and the residual value will be $5,000. The entity adopts the straight-line depreciation method.
Required:
Problem 1: Prepare the journal entry to record the purchase of the equipment in 2019.
Problem 2: Calculate the depreciation expense of this equipment each year and prepare the journal entry for the year ending 30 June 2020.
Problem 3: Show the reporting of this equipment in the balance sheet on 30 June 2020 and 30 June 2021.
Problem 4: Assume the equipment was sold on 1 January 2021 for $51,000 (ignore GST). Prepare the general journal entries to record the sale of the equipment.
Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.
Accounting problems, Draw a detailed timeline incorporating the dividends, calculate the exact Payback Period b) the discounted Payback Period. the IRR, the NPV, the Profitability Index.
Term Structure of Interest Rates
Write a report on Internal Controls
Prepare the bank reconciliation for company.
Create a cost-benefit analysis to evaluate the project
Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR
Distinguish between liquidity and profitability.
Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.
Simple Interest, Compound interest, discount rate, force of interest, AV, PV
CAPM and Venture Capital
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!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd