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 items in the final accounts of a club: (3) Debit credit
Premium Balance sheet Asset Stock
it will be recorded in the purchase journal‚ once it has been certified as a valid invoice. After the journal entries‚ the next step is to post the journal entries into account. Ledger Account also known as “T” Account and Account. Ledger accounts categorize these changes or debits and credits into specific accounts‚ so management can have useful information for budgeting and
Premium General ledger Balance sheet Generally Accepted Accounting Principles
NVQ Information Advice and Guidance ASSESSOR QUESTIONS UNIT 13 – Enable Advice and Guidance Clients to Access Referral Opportunities |Question |Reference |Answer |Evidence Available | |Element 13.1 – Identify options for referral
Premium Agency The Opportunity
P5. Social Implications Change Customer perspective When changing the customer perspective involves with e-commerce sites‚ the media would warn the customers about e-commerce websites and online shopping‚ which is big issue. This is done by exploring scary stories about damagers with the e-commerce site‚ also stories about people who experience bad service with online shopping. Then showing the customer that they could becoming a next victim of their PC being harm and also there information in
Premium Electronic commerce Online shopping Internet
Unit 54.. Duty Of Care 1.1 Within my work role I have a duty of care to ensure that‚ myself and the students are taking reasonable care in and around the setting to enable them to avoid injury to one another and / or making any damage to the work setting which could conclude in an injury. As well as this I have a duty of care to watch over the students for example during individual work‚ and making sure they are all treating each other as equals‚ that they are listening to each other and are all
Premium Tour de Georgia Complaint Tort
Reeves and Duchac‚ 2006)‚ Cengage‚ Singapore. 3. Warren‚ C.S.‚ Reeves‚ J.M & Fess‚ P.E. (2002). Accounting (20e)‚ South-Western Thompson Learning‚ USA. 4. CheZuriana‚ Akilah‚ Noriah‚ Noor Azizi‚ MohdAzlan‚ (2001)‚ PerakaunanPerniagaan‚ Penerbit UUM‚ Sintok. 5. Engku Ismail Engku Ali (2001)‚ Perakaunan Perniagaan‚ Kuala Lumpur. Pearson-Prentice Hall. 2. Dyson‚ J.R.‚ (2010)‚ Accounting for Non-Accounting Students‚ Eight Edition‚ Financial Times‚ London. 3. Leong‚ A.F.C.‚ and Wong‚ S.V. (2010) Business
Premium Financial statements Management accounting Balance sheet
Level 2 Book-keeping and Accounts Teachers’ Toolkit (Sample) January 2010 For further information contact us: Tel. +44 (0) 8707 202909 Email. enquiries@ediplc.com www.lcci.org.uk INTRODUCTION Welcome to the Teachers’ Toolkit for Level 2 Book-keeping and Accounts. This Teachers’ Toolkit is a set of inter-related materials‚ developed by experienced teachers and the Chief Examiner‚ to support the teaching and learning of the qualification content. The main resource in the toolkit
Premium Income statement Material Expense
INTRODUCTION ABOUT COMPANY TAKEN (i.e. AMRUTANJAN HEALTH CARE LIMITED: Particulars AMRUTANJAN HEALTH CARE Year of establishment 1936 Revenue for the current year 26.1749(USD in millions) Market Capitalization 1686.607351( RS. in millions) Industry Pharmaceuticals Total Income 1393.532573(Million rupees on year ending march 2013) Net Profit 121.196237 INTRDUCTION: There are two types of prospective financial statements. 1. Projected financial statement 2. Forecasted financial statement
Premium Balance sheet Revenue
m.Module 3 CAPITAL BUDGETING Meaning of Capital Budgeting :- Capital Budgeting is the process of making Decisions regarding long term investments in Fixed Assets which are not meant for sale. It is long range planning to employ the available capital for the purpose of maximizing the long term profitability of the concern. Definition of Capital Budgeting:- Prof I.M.PANDEY Defines Capital Budgeting as the firms decision to invest its current funds most efficiently in long term activities
Premium Net present value
Transactions Show Journal entries to record the following transactions. Post them into appropriate Ledger Accounts and then extract a Trial Balance on 31st December‚ 2012: 2012 Jan 1st: Commenced business with cash Rs 1‚00‚000. Jan 10th: Bought office equipment worth Rs 40‚000. Jan 25th: Purchased goods worth Rs 25‚000; less 10% trade dis. on credit from Rahul. Feb 4th: Purchased office stationary worth Rs 500. Feb 9th: Paid premium for fire insurance Rs 5‚000 Feb 20th: Sold goods on
Premium Electric charge Electricity Bookkeeping