Fixed interest securities-accounts under trustee , Financial Accounting

Assignment Help:

Fixed Interest Securities

No advice in writing is required before an investment in fixed interest securities is made.

Government Securities.
Treasury Bills.
Fixed interest securities guaranteed by the Government.
Fixed interest securities quoted on the Nairobi Stock Exchange issued by a company incorporated which has a paid-up capital of not less than Shs10m and which has paid a dividend in each of the preceding 5 years.
Fixed interest securities issued by Railways or the Industrial Development Bank.
Local Authority loans.
A deposit, whether fixed term or otherwise, with a bank or financial institution, building society or the Kenya Post Office Savings Bank.
Mortgages of freehold property or leasehold property having not less than 40 years unexpired.

Related Discussions:- Fixed interest securities-accounts under trustee

Net present value evaluation of proposed investment, Q. Net present value e...

Q. Net present value evaluation of proposed investment? WORKINGS Fixed costs = 4·50 × 100000 = $450000 per year Annual writing down allowance = 3000000/10 = $300000

Depreciation, what are methods of calculating depreciation?

what are methods of calculating depreciation?

Realisation of assets-liquidation of companies, Realisation of assets 1...

Realisation of assets 1. Divisible property : The ownership of the company's property does not vest in the liquidator (unless the court makes a vesting order: s.240); but

Prepare a revised balance sheet, #questionBroadway Scripts is a service-typ...

#questionBroadway Scripts is a service-type enterprise in the entertainment field, and its manager, Joe Numbers, has only a limited knowledge of accounting. Joe prepared the follo

Final accounts-pension funds, FINAL ACCOUNTS As pension funds are set u...

FINAL ACCOUNTS As pension funds are set up for a specific purpose, and not for trading, we do not prepare the normal trading profit and loss account or the balance sheet. The p

Service revenue earned on account, what type of transaction is a service re...

what type of transaction is a service revenue earned on account? a) asset source, b) asset use, c) asset exchange or d) claims exchange?

Define about sme finance, Q. Define about SME FINANCE? SMEs contribute ...

Q. Define about SME FINANCE? SMEs contribute in a significant way to many economies in the world. Moreover generating income, in often large proportions in relation to GNP acro

Case Study, I have a case study due in one of my classes. There are 3 pages...

I have a case study due in one of my classes. There are 3 pages of information about the company in the case, and there are 12 questions I must complete. Each question is basically

Creation-express trusts-trust laws and accounts, Creation An express tr...

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:

Labour variance, what is labour variance?

what is labour variance?

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages