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2013
April 1 Mr. Abdullah started business with cash 100,000April 2 Bought goods for cash 30.500April 3 Opened Bank Account with cash 50,000April 4 Sold goods for cash 40,000April 7 Bought goods for XYZ Ltd on credit 30,000April 10 Sold goods to ABC Ltd on credit 5,000April 15 Purchased machinery and payment made by cheque 16,600April 19 Paid to XYZ Ltd in cash 10,000April 21 Received loan from Anil and deposited the same into bank 8,000April 23 Withdrew from bank for personal use 5,000April 26 Paid to XYZ Ltd by cheque 8,000April 27 Received cash from ABC Ltd 10,000April 30 Purchased stationery by cash 200April 30 Paid wages and salaries 10,000A: Pass Journal entries for the above transactionB: Post them to the appropriate Ledger AccountsC: Prepare Trial balance from the ledger balances
Prepare a proper schedule of consolidated net income and apportionment to non controlling and congtrolling interests for 2010.
space coast city issued the following during the year ended september 30 2010 1 200000 in bonds for the installation of
the raab company is expanding its production facilities to include a new product line a sporty automotive tire rim.
1. Compare and contrast cost accounting and financial accounting 2. Compare and contrast cost accounting and management accounting
On March 1, Year 1, a firm issues $475,000 bonds at par value plus accrued interest. The stated rate on the bonds was 12% and the bonds pay interest semi-annually on June 30 and December 31. Prepare the entries necessary to record
At December 31, 2013, the investments in securities available for sale of Beale Developments were reported at $78 million:
what information does the cash flow statement provide that you cannot see in the other financial statements income
tigor enterprises has sales revenue of 340000 for 20xx. its product sells for 12 and has a 20 percent contribution
What other data points should auditors look out for when sniffing out fraudulent activity?
how can personal net worth can effect not only personal finances but also finances of the business for small business
The cost-accounting system
The interest (settlement) rate applicable to the plan is 10%. On January 1, 2014, the company amends its pension agreement so that service costs of $250,000 are created. Other data related to the pension plan are as follows.
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