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calculation of profitloss on sale of asset under slmabc ltd purchased a second-hand machine for rs 150000 and spent rs
on jan 1 2006 machineries were purchased by sun limited for rs 400000 on july 1 2007 additions were made to the extent
the budget manager of x ltd is preparing a budget for the accounting year starting from 1 april 2009as a part of the
flexible budget marginal costfollowing are the budgeted expenses for production of an electronic component of tv 10000
the ledger of hixson company at the end of the current year shows accounts receivable 120000 sales 840000 and sales
discuss the differences between accrual-basis financial statements and cash-basis financial statements determine which
bera company pays 289900 for equipment expected to last four years and have a 30000 salvage value prepare journal
raj bros sells two products a and b which are manufactured in one plant during the year 2009 it plans to sell the
calculate the book value of a two year old machine that cost 200000 has an estimated residual value of 40000 and has an
the expenses for the budgeted production of 5000 units in a factory are furnished as followsrs per
draw up a cash budget for the months january to march 2010 from the following informationcash and bank balance on 1
the following particulars are taken from the books of a factory working at 60 of its capacityvariable
you are required to construct a selling-overhead budget from the following detailsestablishment expenses of the sales
from the following particulars prepare a cash budget for the period october to december 2009 indicating the extent of
pettit company reports net income of 90000in 2014 however ending inventory was understated 7000 what is the correct net
cy citys municipal solid waste landfill enterprise fund was established when a new landfill was opened january 3 2005
assume that banc one receives a primary deposit of 1 million the bank must keep reserves of 20 percent against its
this exercise will illustrate the preparation of adjusting entries from an unadjusted trial balance and additional
this exercise will test your understanding of the debit and credit rulesa list of accounts appears
speed world cycles sells high-performance motorcycles and motocross racers one of the speed worlds most popular models
single-step income statementmcgrath co on june 30 2008 reported a retained earnings balance of 1475000 before closing
lori and timothy combined their savings to open the tires lecher bakery lori invested 10000 in cash whereas timothy put
the holman hotel corporation is authorized to issue 1 million shares of 5 par value common stock in its first year 2008
special ordermission electronics manufactures and sells basic dvd players for sale under various generic store brand
marias food service provides meals that nonprofit organizations distribute to handicapped andelderly people here is her