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What take place in a rights issue of shares?
1. Any premium on issue is added to a capital reserve.
2. Any type of premium on the issue is added to a revenue reserve.
3. Any premium on the issue is written off to the income statement.
4. The nominal value of the issue is written off to the income statement.
The main function of accounting is to accumulate accounting data so as to calculate the profit and loss made through the business firm throughout and also to KNOW the financial pos
We have a demonstration instrument that was paid for years ago. How do we get it back on our books as an asset?
3. Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0
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describe why a high stock turnover is considered to be a good thing
These are amounts owed to the company through debtors. This is the purpose why we also utilize the term sundry debtors to indicate the amounts owed to the firm. This signifies amou
SQB Corporation reports sales of $10,000,000 for Year 2, with a gross profit margin of 40%. 20% of SQB's sales are on credit. Year 1 Year 2
Transfere from U.S GAAP to IFRS case study project
Question 1: Businesses have become increasingly aware of the environmental implications of their operations, products and services. (a) Describe why businesses should be con
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