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ACC701 Financial Accounting

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Answer: Introducation: Sunshine Limited is a very huge departmental store and was conducting their business through the store. The accounting policy of charging depreciation was the straight line method of depreciation from the starting , that is since the company was formed they were using straight line depreciation. For the year ended 2015 it was noticed by the manager that the profits of the company will rise and rise in 2016 and 2017. Wit...

Read More arrow Tags: Australia Hornsby Computer Science Web Technologies University of New South Wales Information Technology 

TACC203 Financial Accounting And Reporting

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Answer: 1. The international investors and the Australian stakeholders plan to envision comparable and flexible reporting of tax regarding the tax position of the firms. Such advice would help the firms to communicate their tax-related information that is flexible with the changing international disclosure procedures and the requirements of ASIC in relation to non-GAAP. Thus, ETR needs to be disclosed based on corporate tax to enable comparison ...

Read More arrow Tags: Australia Dandenong Computer Science Web Technologies University of New South Wales Information Technology 

ACC701 Accounting Financial

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Answer      1.Events leading to Liquidation of One Tel Company  OneTel company came into existence only in 1995 but by the year 2001 the company was the 4th biggest in Australia telecom sector with an estimated 2,000,000 customers. The company was listed in ASX to years later in 1997 and was immediately valued at $200 million with an initial capital investment of $5 million in 1995. The company built the 3GSM network in 19...

Read More arrow Tags: Australia Mount Lewis Management Web Technologies University of New South Wales 

ACCTING 2501 Financial Accounting

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Answer: IAS 10 “Events after the reporting period” means the events that has occurred after the end of reporting period but the adjustments or note to accounts, to be given in the financial statements.  There are two types of events i.e. Adjusting events and non-adjusting events. Adjusting events are those events which are to be adjusted, if some events occurred after the date of financial statements which give proof of the cond...

Read More arrow Tags: Australia Cabramatta Management Web Technologies University of New South Wales Masters in Business Administration 

BUACC2606 Financial Accounting

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Answer: Introduction It is quite astonishing and upsetting to find out that there is little conversation or debate of the total asset figure in the secretarial text (Weil, Schipper & Francis, 2013). In order to prove the above statement, this study explains the fact that total assets is one of the vital perception of accounting where one would suppose to find a good deal of clarification as well as understanding at the same time. In this ...

Read More arrow Tags: Australia City Of Sydney Management Web Technologies University of Sydney Masters in Business Administration 

ACC701 Financial Accounting

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Answer: There are certain rules and regulations that has been set up so that the companies can prepare the financial statement having a true and fair view. These rules have been set up by different authorities all over the world in order to maintain consistency and certainty. Apart from the general rules and regulation there are various accounting standards that have to be complied with. It was observed in the past years that many entities tri...

Read More arrow Tags: Australia Bellevue Hill Management Web Technologies University of New South Wales Masters in Business Administration 

PACC6004 Financial Accounting

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Answer: Date of transaction Particulars  Debit 31-Jan Equity share capital     49,300.00   Bank     42,500.00   costs of reissue          300.00   Shares forfeited       6,500.00 08-Feb Retained earnings...

Read More arrow Tags: Australia Mount Lewis Accounting Web Technologies University of New South Wales 

TT284 Web Technologies

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Answer: Introduction This report is about development of the website where various development aspects are considered which includes the standard-compliance are the set of laws that are introduced by the world wide web consortium and mainly help in the web development process in order to ensure there is moderation in the websites coding process.The report also covers the website usability which is the abilities of the web applications to supp...

Read More arrow Tags: United Kingdom London 49 Web Technologies The Open University 

FAII4025-Discussion On The Types Of Business Entities

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Answer: Introduction This report contains detailed information about the type of business entities available along with the merits and demerits of each type. It also explains the various sources of funds available to a business owner. The main focus is on the long term and medium term sources of finance and explained with the examples. The last part of the report explains and differentiates the terms financial and management accounting, follo...

Read More arrow Tags: Australia Eltham Management Web Technologies University of New South Wales Engineering 

ACC201 Financial Analysis For Cost Differentiation And Allocation

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Answers: Part 2 Analysis of Expense In case of Wesfarmers the expenses are classified based on nature like depreciation, impairment, rent expenses, wages etc. In this there is no allocation of the expenses to specific functions like selling, administration etc. It is a simple method of cost allocation and makes it easy to present the same in the income statement of the company (Abbott & Kantor, 2017). It is mostly employed by small bu...

Read More arrow Tags: Australia Sydney Management Web Technologies University of New South Wales 

BAO2202-Historical Cost Measurement Method

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Answer: Historical costing measurement method is the conventional method of measuring the values of various components of financial statements such as income statement and balance sheet. Under this method, transactions and items are recorded at the prices at which such transactions are entered into at their original costs (Taplin,Yuan & Brown, 2014). The assets and liabilities are measured, for the purpose of their incorporation in th...

Read More arrow Tags: Australia Melbourne Management Web Technologies University of Melbourne 

BAO2202 Historical Cost Measurement Method For Balance Sheet

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Answer: Historical costing measurement method is the conventional method of measuring the values of various components of financial statements such as income statement and balance sheet. Under this method, transactions and items are recorded at the prices at which such transactions are entered into at their original costs (Taplin,Yuan & Brown, 2014). The assets and liabilities are measured, for the purpose of their incorporation in th...

Read More arrow Tags: Australia Melbourne Management Web Technologies University of Melbourne 

ACCT7102- Financial Accounting For Canadian Pharmaceutical Firm

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Answer: Introduction  The company Biovail Corporation is a Canadian Pharmaceutical Firm, which is publicly listed, and it has been operating since many years. Its expertise is to apply advanced drug delivery technologies and the improve the effectiveness of the medicines. It is involved in development and manufacturing of the various pharmaceutical products. It has commercialised the product in Canada as well as internationally through s...

Read More arrow Tags: Australia Manly Management Web Technologies University of Sydney 

129 Great Examples Of Community Service Projects

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Question: Discuss About The 129 Great Examples Of Community Service Projects.   Answer: What Is Community Service? Community service is depicted to be the work done by an individual person or a group of individuals that tends to provide benefit to the others. It is mainly done in the area where the individual resides so the only community that could be provided with the services is the individual’s own environment. The c...

Read More arrow Tags: Jamaica Kingston Accounting Web Technologies University of Kingston Management 

Inspection Improve Quality Of Internal Control Audit

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Question: Discuss about the Inspection Improve Quality Of Internal Control Audit.   Answer: Introduction We know that accounting has several aspects and faces. Different countries and accountants follows different accounting assumptions, ways, procedures and processes which are almost impossible to summarise and bring to one common ground. It falls within the ambit of several inconsistent prototypes. Some classify it as social science...

Read More arrow Tags: Australia Southbank Management Web Technologies University of New South Wales 
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