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ACC100 Introduction To Accounting

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Answers: George St. Hair Dressing Income statement For the year ended 31 December 2016 Particulars Amount ($) Revenues 99000.00 Total Revenues (A) 99000.00 Expenses 54000.00 Total Expenses (B) 54000.00 Net Profit (A-B) 45000.00   Balance Sheet As at 31 December 2016 Particulars Amount ($) ...

Read More arrow Tags: Australia Woodcroft Management managerial research methods University of New South Wales Masters in Business Administration 

MAA717 Introduction To Accounting

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Answer: Introduction International Financial Reporting Standards are set of Accounting Standards developed and issued by International Accounting Standard Board. These standards are the guidelines for the preparation and presentation of Financial Statements by companies. They were written in 1973 for the first time and were discontinued by IASB thereafter. It began its operation again back in 2001 and since then are been accepted by many inte...

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ACC100 Accounting 1

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Answer:

General Ledger:

Trial Balance:

 

Statement of Change in Equity:

 

Income Statement:

 

Balance Sheet:

 

Bibliography:

Hoyle, J.B., Schaefer, T. and Doupnik, T., 2015. Advanced accounting. McGraw Hill

Krivogorsky, V., 2015. ACCTG 501 Advanced Financial Accounting.

Read More arrow Tags: Australia Rhodes Accounting managerial research methods University of New South Wales 

Introduction To Accounting

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Question: Let us assume a Company has Fixed Costs associated with its factory of $1 million the Factory can produce (and sell) half a million widgets a year, and the Costs associated with producing each widget is $1 and the price is $4.How many widgets are required to be produced for a $1 million Profit?   Answer: Computation of Target Profit     Particulars Amount ($) Fixed co...

Read More arrow Tags: Australia Bexley Management managerial research methods University of New South Wales Masters in Business Administration 

Accounting: Corporate Finance

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Question: Discuss about the Accounting for Corporate Finance.   Answer: Introduction Financial statement helps to determines the key facts and figure of the company financial statement. Balance sheet, cash flow statement and income statement are the three primary financial statements which company prepare and publish at the end of each accounting year. The financial statement is also known as the company annual report. The finan...

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Basic Sccounting Principles

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Question: Discuss about the Basic Sccounting Principles.     Answer: The four principles of financial accounting  are as follow : 1.Relevance: The accounting principle states that to be relevant the financial statements must be prepared timely. The characteristics of relevant financial statements are that they must be understandable, timely, useful and needed for making decisions. 2.Comparability: One of the main purpo...

Read More arrow Tags: Australia Fairfield Accounting managerial research methods University of New South Wales (UNSW) 

Introduction To Accounting: Accounting And Business Economics

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Question: Discuss about the Introduction to Accounting for Accounting and Business Economics .   Answer: Introduction: The trial balance, comprehensive income statement and the balance sheet of Jackson and sons have been prepared in the first part. The second part of the report comprised of the analysis of the performance of the two selected companies that is a Tesco and Sainsbury. The analysis has been done using the profitability ra...

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Introduction To Accounting: Cheapest Prices

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Question: Describe and analyse the role of accounting information in a business context.Analyse a set of financial statements including balance sheet, profit and loss accounts and cash flow statements.Demonstrate the relationship between accounting data and financial planning and resource allocation decisions.    Answer: 1.a: In the Books of Weather & Sons Adjustment Trial Balance :- As on 30th June,...

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Income Statement: Ratios Important To Investors

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Question: Describe and analyse the role of accounting information in a business context.Analyse a set of financial statements including balance sheet, profit and loss accounts and cash flow statements.Demonstrate the relationship between accounting data and financial planning and resource allocation decisions.    Answer: 1 a. Trial balance is an accounting report which contains the balance of all the general ledger accounts of an ...

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Financial Performance Of British Airway: Liquidity And Profitability

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Question: Describe about the Financial Performance of British Airway for Liquidity and Profitability.   Answer: Introduction This report focuses on the subject area of accounting. The primary component of the report is ratio analysis. The report discusses  the financial ratios that are derived from the financial statements provided in the annual reports of the two companies, British Airways and Easy Jet. In the report mainly thre...

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Accounting And Finance For Managers

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Questions: 1. Explain the different forms of business units(sole proprietorship, partnership, limited company) available, highlighting the benefits and limitations of each.2. Explain financial accounting and management accounting, highlighting the differences between the two strands of accounting.3. Assuming that you have not been given any information about the inheritance of the brothers. Explain the sources of finance available to a business ...

Read More arrow Tags: United Kingdom London Management Managerial Research Methods University of London Masters in Business Administration 8350 

The Importance Of Financial Ratio Analysis To An Investor

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Question: Discuss about The Importance of Financial Ratio Analysis to an Investor.   Answer: Introduction Ratios are the basis in which all businesses in the world can be evaluated. The story provided by the financial ratios is derived from the financial statements which are of three general types; the income statement, cash flow statement, and the balance sheet. This provides information that helps in determining the weaknesses, ...

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An Experiential Introduction: Auditing.Journal Of Accounting

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Question: Analyse the financial performance of the two companies based on your calculations, identifying and discussing the purposes of calculating those ratios and the weaknesses of ratios analysis.?   Answer: Introduction In modern business times, there exists an intense competition among the business firms. It is important for the organizations to perform a competitive analysis to sustain in the competitive environment. Financial sta...

Read More arrow Tags: United Kingdom London Economics Managerial Research Methods University of London Economics-UCSD3789 

Labour Productivity Of Unincorporated Sole Proprietorships And Partnerships

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Question: You are a semi senior member of staff at the Accounting firm “Turpin, Barker and Armstrong based in Sutton. You have been appointed to deal with a pair of new prospective clients who have inherited quite a substantial sum of money from their grandfather’s will.These two are brothers want to set up a business but have no knowledge as to what type of business they want to get into let alone the form of business entity avail...

Read More arrow Tags: United Kingdom London Management Managerial Research Methods University of London Masters in Business Administration PGN12Z 

Encyclopedia Of Business And Finance

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Question: Describe about the Encyclopedia of business and finance?     Answer: Introduction: Management accounting generally refers to the process in which the management and account reports have been made that intends to correspond to the precise financial and arithmetical data that is required by the managers for taking immediate decisions. On the other hand financial accounting refers to the manner in which the yearly reports ...

Read More arrow Tags: United Kingdom Slough Management Managerial Research Methods 92.24.36.140 PM106 : Introduction to Accounting Programme 
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