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Concept: The common stock holders are entitled to receive share in profits ( in the form of dividend) only after all obligations ( interest, pref dividend etc ) have been paid.

Therefore amount...

hi arvind...
this is neeraj

YOU DID MISTAKE HERE

ii) calc amrotization for 2008
- 175,000-80000=95,000-11,000= 84,000

IT SHOULD BE

Is this a question or fact

Since directors promise not trace the money its an extraordinary income to business
Pass the following entry:

Directors... dr $1000
To Profit and Loss a/c $1000

Think Logically

(a) and (c) are actual cash or cash equivalents therefore included in financial statement

(b) is not actual cash but can be realized in cash i.e. cash equivalents required to be...

I think as a professional student myself " as you mentioned in your question that you are new to the field" you should hire a CPA.

The reasons for hiring him / her are as follows:

1 He / She...

I am starting to answer your question from backwards

WHO: Generally Discounted Notes are issued by the Govt.

WHY: Assume a Govt decided to take a big infrstructure project which is financed by...

$50000 * (1+.12) raise to power 5 = $ 55000

(1.12) raise to power 5 = $55000 / $ 50000
(1.12) raise to power 5 = 1.1

Now find the future value table and see 12% rate at 5 year if the value is...

Take a practical view:

Delivery charges are charged for delivering goods from vendors to factory OR from factory to vendors.

In the first case, these shall be added with the MATERIALS COST and...

First of all, can you please explain why you are passing entry

cost of goods sold dr.1650
inventory cr.1650

I think we need not to pass entries for costing part, as these are automatically...

The purpose of Income Statement is to report the results of Operating Activity as also to show the various other Sources of Income generation, whereas the purpose of CFS is to show the FLOW of cash...

I would like to answer your question in the following example

Particulars... Unit 1... Unit 2... Unit 3... Total
Sales... 500... 200... 100... 800
(-) Variable... 300... 100... 50... 450
...

The simple answer is
The ABC costing is widely used where the semi-variable costs are traceable.
Therefore where the proportion of Fixed cost is more than variable cost, it is not desirable to...

The Variabel overhead efficiency is directly relatable to Direct Labour Hours

Therefore a direct relationship exists between
Direct Labour Hours &
Variable Overhead Hours.

Varibale overhead...

The question was one of the conceptual and finest of all asked from ABC costing.
Sol
Now assume two situations. SITUATION 1 where the proportion of variable cost
is higher than the fixed cost.
...

The question doesn't ask you about YIELD TO MATURITY (YTM). The YTM has nothing to do with this question. The question is theory based question...

A large number of debt and equity instruments are available in market. So you need
Help in defining characteristics and cost for each instrument. That is not easy to define
As every instrument has...

I am not able to correctly figure out your problem. Please try to explain where you are facing problems.
What is " A-1 Photography accounting practice set ". Is this the title of your project. I...

The question has asked you to understand the concept of AUTHOIZED, ISSUED AND SUBSCRIBED SHARES ( OUTSTANDING SHARES )
Authorized Shares = which the company is authorized to Issue
Issued Shares =...

I Don't Think You Need Any More Answers.

I think you have found the answer " preety in pink " is right

Can u please send one copy to me on my mail... I love short stories

Email:
[email protected]

[email protected]

first writer - Writing Resource & Author Website
Write and Publish Your Book

These sites may help you a bit
Rather why don't u visit your area and find some publisher...
And to know the...

No Formulae Is Available To Know " How Much Is Equal To Cash In Hand "
But By Following General Practice Of Accounting And Auditing We Have Two Methods To Know The Amount Of Cash In Hand

1 To...

Since you have carried out the test... and it may be helpful to you. You can tally your answer in either of following situation:

Situation1 : if u had started with bank balance... the answer comes...

Pree Is Correct " If The Business Is Still Continuing"
But If Business Is To Be Ceased With These Losses We Have To Make Use Of
Dissolution Concept...
I Wish This Is Not Yours Case... :-)

Let us take a look at the word "PETTY" which means very small or somewhat which can
Be ignored. For example in stores we do evidence cases of "PETTY THEFTS" but we do not take these seriously and...

masud is perfectly correct in wake of financial accounting
but in case of costing it means
direct labour
+ direct expenses
+ direct materials
+ indirect labour
+ indirect materials
+...

I think both the answers are wrong
Cost of production is different than cost of manufacture
Cost of manufacture is deemed to cover all expenses which are incurred up to the stage of converstion...

first of all I am not able to understand why you are writing Debit entries below and credit entries above... THE CORRECT FORMAT IS TO PUT DEBIT ENTRIES AT ABOVE AND CREDIT ENTRIES AT BELOW...

1...

$300,000 divided by $10= 30,000 units
$300,000 divided by $7= 42,857.14 sales revenue

YOU GAVE THE WRONG ANSWER

THE FORMULAE TO FIND OUT BREAK EVEN POINT IS
FIXED COST
CONTRIBUTION...

WHO IS THIS required help on topics like this...
Please don't quote these as accounting help...
By the way the answer quoted above is perfect and need no other amendment except EBAINES should...

First of all quote the financial year that you opted or used in your country
In terms of dates like

01/01/year1 to 31/12/year2

Or is it

01/04/year to 31/03/year

Because it will...

LOL its very easy
Use your one hand to represent BANK BOOK and other to represent FINANCIL BOOK...
Now make this test... put both hands at level position... and ask question from yourself
1...

Sorry I don't have exact knowledge of canadian law...
But following the principles of natural justice that is " not following the principles of civil court" I think you should try to find these...

What you need ONLY OPINIONS
k
My opinion is "You should Change your Boyfriend with one who's interested in protected sex rather than givin you HEADACHES and Stomach crams"
Lol
:-(

The simple but toughest answer
1 Try to busy yourself with any sort of work
2 Try to figure out cause of problem and discuss with your fiancé
3 Don't yell over net or friends about your issues...

Your answer can be reached at Rs100

You can get answer for $1