Profit for the period-notes to the accounts, Financial Accounting

Assignment Help:

Profit for the period

The profit for the period has been arrived at after charging the following expenses:

 

£

£

Depreciation

 

x

Amortization (impairment of good will )

 

x

Directors emoluments:

 

 

     Salaries

x

 

     Fees

x

 

     Re-imbursment of expenses

x

 

     Pension

x

 

     Compensation for loss of office

x

x

Other employee benefits

 

 

     Salaries and wages

x

 

     Pension costs

x

 

     NHIF

x

x

Auditors remuneration

 

x

Loss on disposal of PPE

 

x

Restructuring /Re-organization costs

 

x


Related Discussions:- Profit for the period-notes to the accounts

Calculate breakeven in sales units and in sales value, Calculate breakeven ...

Calculate breakeven in sales units and in sales value: Tycoon makes and sells 600 toy cars per month.  Each toy car is sold for RM40 each.  Tycoon is currently producing at 50

Calculate total annual interest, Q. Chrissy currently has a credit card tha...

Q. Chrissy currently has a credit card that charges 15 percent interest. She usually carries a balance of about $500. Chrissy has received an offer for a new credit card with a tea

Capital budgeting, A project has a one-year life. It has an outlay of Rupee...

A project has a one-year life. It has an outlay of Rupee 1,500 million. At the end of Year 1, the net inflow is likely to be Rupee 2,200 million. The pretax cost of debt is 11%, th

Example of capital recovery factor, Suppose you get a cash bonus of Rs.1, 0...

Suppose you get a cash bonus of Rs.1, 00,000 that you deposit in a bank that pays 10 % annual interest. How much can you withdraw yearly for a period of 10 years? Solution :

Discounted cash flow and terminal growth rate, Answer the following questi...

Answer the following questions relating to Discounted Cash Flow (DCF) projections and valuations. (a)    Michael Hudson asks a rhetorical question (tongue in cheek): "What's not

Continuous compounding, In Section we had established an association among ...

In Section we had established an association among the effective and nominal rate of interest where compounding arise n times a year that is as given: r = (1 +  k/m ) m - 1

Retained earnings, Q. Retained earnings is increased by each of the followi...

Q. Retained earnings is increased by each of the following except a. some disposals of treasury stock. b. net income. c. prior period adjustments. d. All of these increase retained

Revenue and expense accounts, Are revenue and expense accounts permanent ac...

Are revenue and expense accounts permanent accounts and should not be closed at the end of the accounting period?

Admission of a new partner, Admission of a new partner When a new partn...

Admission of a new partner When a new partner joins the firm/partnership, the new partner will enjoy the benefits arising as a result of goodwill created by the old existing pa

Ethics and Social Responsibility, Select a publicly traded company for whic...

Select a publicly traded company for which an Accounting and Auditing Enforcement Release (AAER) was published on the U.S. Securities and Exchange Commission (SEC) website at http

Write Your Message!

Captcha
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