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B. NON-CURRENT ASSETS
Part 1
On 1 March 2012, Kobe Ltd purchased a new delivery van. Costs associated with the transaction were as follows (ignore GST):
Invoice price $28,000
Special...
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Does anyone know how to record the transaction 5, 6,7, and 8??
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1. 1/3/12 Van 30 700
Cash at Bank 30 700
(Purchased of van for cash)
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Will u willing to help me with this please??
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Huh? What do you mean see judy's response
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on 1 march 2012, Kobe Ltd pucharsed a new delivery van. Costs associated with the transaction were as follows
Invoice price $28 000
Special vehicle extras 1400
On-road costs 800
registration...
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on 1 march 2012, Kobe Ltd pucharsed a new delivery van. Costs associated with the transaction were as follows
Invoice price $28 000
Special vehicle extras 1400
On-road costs 800...
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If you don't do accounting, no need to reply your stupid answers to me thankss
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June 1 hayes invested $160 000 cash and $42000 of store equipment into the business. (INcluding GST)The store equipment is to be depreciated evenly over 7 years
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All the details of transactions between the firm and individual suppliers are found in the:
A) Sales journal
B) Accounts receivable subsidiary ledger
C) Accounts payable control account
...
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The perpetual system of recording those transations
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The business trades under the name of the footy Emporium and uses a perpetual inventory system to account for its inventory. The business was registered for GST. All credit sales are made on the...
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When using ICT should a business be a first mover or a fast follower?
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Lol yea its so stupid I don't even know what's ICT stands for
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How can ICT be used to achieve competitive advantage?
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3. Suppose that the Australian Government decides to increase the amount of the excise tax, such that the equilibrium price of a litre of ethanol increased by 25%
a) assume the total population aged...
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Thanks so much for your help!
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The case mentions 2 different price elasticities: one for the adult population as a whole, and the other for a subset of the population: young adults between the ages of 15 and 24 years old. Plese...
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A number of strategies have been put in place to reduce alcohol-realted harm by reducing the average consumption of beer, wine and spirits across the population. These have included a legal...
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I can't get the adjusted trial balance to be balanced.. I think this was due to the mortgage only recorded on credit $1000...
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Interest Payable
Salaries Payable
Rates Payable
Unearned Fees
Depreciation Expense – Building
Depreciation Expense – Equipment
Rates Expense
The following information has not yet been...
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Disadvantages for employees/organisation going through comcare
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1. Performed services for $2000 that was recorded previously as unearned revenue
2. recorded revenue of $162 350 in cash and $12450 on credit
3. purchased insurance policy for $4200 to cover...
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Thankss... could u please check to see if I have done these correct
Rates owing at 30 June, $2120
DR Rates expense 2120
CR Rates payable 2120
Prepaid insurance of $1240 has expired
DR...
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Thanks sooo much... could u please help me with another jounral entry...
An advance fee payment of $400 for minor surgery to be performed in July 2013 was credited to Fees earned.
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Thankss but do u know what happens to the $1000
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The mortgage contract provides for a monthly payment of $1000 plus accrued interest. The June payment was not made. Interst of $280 is accrued on the mortgage.
Someone please help with the...
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