| 6‚000 | 1.5% | 2013 | 500‚000 | 1‚000 | 1.5% | i) Journalise the transaction for year 2011‚2012 and 2013 a) Bad Debt b) Allowance for doubtful debts ii) Prepare Comprehensive Income Statement (extract) and Statement of Financial Position (extract) for the 3 years. Question 2 A business‚ which started trading on 1st January 2011‚ adjusted its provision for bad debts at the end of each year on a percentage basis‚ but each year the percentage rate is adjusted in accordance
Premium Debt Accounts receivable Revenue
[pic] UNIVERSITY OF BEDFORDSHIRE BEDFORDSHIRE BUSINESS SCHOOL FINANCIAL ANALYSIS(Full-Time) Unit Code: AAF001-6 Name: THI THU HUYEN NGUYEN Student Names and Numbers: 1124697 Report Title: MANAGEMENT ACCOUNTING To: Rob Carman Date: 18/01/201 This report present about the method and techniques that we will use to support for company to make a right decisions in increasing profit. In this case‚ we introduce about VTH –Telecommunication
Premium Management accounting Management Cost accounting
DEDICATED TO MAKING A DIFFERENCE DRIVING SUCCESS Marketing and sustainable development What is sustainable development? The term sustainable development means different things to different people. But‚ in essence‚ it is concerned with meeting the needs of people today without compromising the ability of future generations to meet their own needs. Sustainable development therefore involves: A broad view of social‚ environmental and economic outcomes; A long-term perspective‚ concerned
Premium Sustainable development Marketing Sustainability
Evolution of Financial Accounting Introduction Accountancy is the art of communicating financial information of a business entity to its stakeholders. It is the branch of mathematical science that assists in discovering the causes of success and failure in a business. The American Institute of Certified Public Accountants (AICPA) defines accountancy as "The art of recording‚ classifying‚ and summarizing in a significant manner and in terms of money‚ transactions and events which are‚ in
Premium Double-entry bookkeeping system Balance sheet
& noncurrent assets and matches the information with the current & noncurrent liabilities in order to determine what & when cash and other resources are scheduled to be paid as well as what’s coming due for the company. This type of financial statement would be beneficial to Arynetta in that it would help streamline the accounts for her company and assist her with staying current with what she owes as well as allow her to keep track of what is owed to the company. This balance sheet will
Premium Generally Accepted Accounting Principles Income statement Balance sheet
very important for the constitution of the capital structure are a. Legal requirement b. Purpose of finance c. Period of finance d. Requirement of investors 9. It is that portion of an investments total risk that results from change in the financial integrity of the investment a. Bull- bear market risk b. Default risk c. International risk d. Liquidity risk 10. _____________ measure the systematic risk of a security that cannot be avoided through diversification a. Beta b. Gamma c
Premium Case study Stock Finance
standards (IFRS). 8. These standards will help companies to reduce accounting costs‚ make it easier to acquire foreign companies‚ and facilitate comparisons between foreign companies. 9. Know the primary objective of financial reporting 10. What makes information relevant? 11. Financial information should be understandable to whom 12. Balance Sheet – lists assets‚ liabilities and owners’ equity 13. Income Statement – revenues minus expenses equal net income 14. Net Income = Revenues - Expenses
Premium Balance sheet Generally Accepted Accounting Principles
Financial Modeling Discipline – Guiding Principles A good financial analyst has the discipline of adhering to a list of guiding principles to help ensure that the development of the financial model achieves the desired results. By following these simple steps‚ a financial analyst should be able to build a financial model that is simple‚ accurate and most importantly consistent‚ to help build confidence in a financial decision making process. Financial Modeling Discipline can be acquired in all
Premium Model Financial services Spreadsheet
$1.25 - $45)/$45 = 0.1167 or 11.67%. c. Do the answers to parts (a) and (b) depend on whether you sell the stock after one year or continue to hold it? The answer does not depend on whether you sell the stock or hold it. P6-2: A financial adviser claims that a particular stock earned a total return of 10% last year. During the year the stock price rose from $30 to $32.50. What dividend did the stock pay? 0.10 = ($32.50 + D - $30)/$30 which means D = $0.50 Chapter 7 P7-1:
Premium Stock Rate of return Arithmetic mean
Michael White Financial Analysis task 1 Summary Report Horizontal Analysis - The financial statements of Competition Bikes indicates a reverse in sales between fiscal years 6 and 7 where revenues increased to 37.5% and then a decreased 16.3% between fiscal years 7 and 8. This apparent trend is an indication that the company is moving in the wrong direction as sales have decreased. Not only is sales decreasing because of the current economic situation‚ but customers who also sponsor professional
Premium Balance sheet Generally Accepted Accounting Principles Economics