National Network of Education Accountancy XII Sample Paper I Time 3 hrs www.indiaeducation.net M.M-80 Q1. Q2. Q3. Q4. Q5. Q6. Part A Why should a new partner contribute towards Goodwill on his admission? List any two contents of a partner ship deed? Can a company issue a share having face value of Rs 10 at Rs 8 Give two examples of ‘Capital receipts’. Give two circumstances in which sacrificing ratio may be applied (1) (1) (1). (1) (1) Show how you would deal with the following
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1.0 Introduction Ryan C. Fuhrmann explains that an investing activity usually refers to cash spent on investments in capital assets such as plant and equipment‚ which is collectively referred to as capital expenditure‚ or capex Its mean that investing activities refer to Assets are resources controlled by company for the purposed of generating profit. The assets can classified into two (2) types- current and noncurrent: (1) Current asset (short term) is resources or claims to resources (balance
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Assess effectiveness and side effects of pain medication adjusting within doctor’s orders as needed for optimum effectiveness. Administer 1/2 dose of narcotic pain medication at least one hour prior to therapy. (Half dose indicated to prior assessment of increased drowsiness and per pt. request.) RATIONALE 1
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www.hollard.co.za Annual Financial Statements for the year ended 30 June 2011 Contents Corporate Governance Report Group Audit Committee Report 2 6 LIFE Group salient features Directors’ responsibility statement and approval of annual financial statements Statement of actuarial values of assets and liabilities Notes to the statement of actuarial values of assets and liabilities Embedded value statement Independent Auditors’ Report Directors’ Report Statements of financial position Income
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ACTG2011 MIDTERM Exam-AID Review Package Tutor: Balpreet Singh (bsingh13@schulich.yorku.ca) York SOS 1 Preface This document was created by the York University chapter of Students Offering Support (York SOS) to accompany our ACTG2011 Exam-AID session. It is intended for students enrolled in any sections of 2012/2013 INTRODUCTION TO FINANCIAL ACCOUNTING II-ACTG2011 course who are looking for an additional resource to assist their studies in preparation for the exam. References
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When a bargain purchase arises‚ an acquirer must reassess whether it has correctly identified and measured all of the components of the business combination. If it truly is a bargain purchase the goodwill is reduced to zero and any gain remaining is recognized in the income statement. Under Canadian GAAP‚ the timeframe for adjustments to the purchase equation subsequent to the acquisition date is consistent with the 12month window provided in IFRS
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PD PD F- XC h a n g e Vi e w F- XC h a n g e Vi e w er er ! O W N y bu to k lic C m C lic k to bu y N .c O W w .d o c u -tr a c k ! w o .d o c u -tr a c k .c Executive Summary: This report aims to analyze the financial position of TESCO PLC from the point of view an investor who seeks to evaluate the prospects of buying shares of a company in food and retailing sector. The potential
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ACC/422 final exams http://www.finalexamguideline.com/main.sc 1) Which of the following is NOT considered cash for financial reporting purposes? 2) What is the preferable presentation of accounts receivable from officers‚ employees‚ or affiliated companies on a balance sheet? 3) Which of the following is considered cash? 4) If a company employs the gross method of recording accounts receivable from customers‚ then sales discounts taken should be reported
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$19‚628 to Zubin Insurance Co. for a 3-year insurance contract. Both companies have fiscal years ending December 31. For Crowe Co. journalize the entry on July 1 and the adjusting entry on December 31. 3. Dresser Company ’s weekly payroll‚ paid on Fridays‚ totals $6‚600. Employees work a 5-day week. Prepare Dresser ’s adjusting entry on Wednesday‚ December 31‚ and the journal entry to record the $6‚600 cash payment on Friday‚ January 2. 4. Side Kicks has year-end account balances of Sales $890
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| Abstract This document is concerned with the relationship between the financial crisis and fair value accounting. Its purpose is to make an understanding of the strengths and limitations of fair value accounting. The report also gives some examples of fair value accounting measures used in several Australian companies. In this report‚ City Weat Water LTD and JB HI-FI LTD are used to explain that. Introduction With the modern transportation and communication technology development‚ in the industrial
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