drawing a salary of Rs. 6000 p.m. Four ward boys‚ each drawing a salary of Rs 2000 p.m. Two full time doctors‚ each drawing a salary of Rs 80000 p.m. Assuming that the hospital ran to full capacity for 150 days and 50 days with 10 patient beds. The following are the other expenses incurred during the year: | Rs. | Rent of premises | 80000 | Repairs and maintenance | 20000 | Laundry charges | 35000 | Junior docs and other services | 100000 | General administration charges | 50000
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covering both stand-by duties and normal duties‚ gives rise to assessable income.1 Nonetheless‚ her normal travel expenses from home to the place of employment or business are not deductible under Section 8-1 as such costs are not qualified to satisfy the positive limb of the general deductions provisions‚ that is‚ they are not sufficiently related to the production of assessable income.2 Rather‚ the normal travelling expenses are incurred because of a private choice to live somewhere far away from
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ANALYSIS ACC-504 Instructor: Dr. Kumail Rizvi 1 21/5/2013 Kumail Rizvi‚ PhD‚ CFA‚ FRM INCOME STATEMENT Grouping of the expenses 21/5/2013 Grouping by Nature Grouping by Function Kumail Rizvi‚ PhD‚ CFA‚ FRM Formatting Multi-step format (GP Subtotal) Single-Step format (No GP subtotal) 2 REVENUE 21/5/2013 Profit = Income – Expenses “Income is increases in economic benefits during the accounting period in the form of inflows or enhancements
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Chapter 1 Prices‚ Discount Factors‚ and Arbitrage STARTING WITH COUPON BONDS • Three aspects: In May 2010 the U.S. Treasury sold a bond with – a coupon rate of 2 % and – a maturity date of May 31‚ 2015 – a payment frequency of two a year‚ six months apart s of May 31‚ 2015” • This bond is called “ Coupon rate 9/5/2013 Coupon frequency‚ “s” is for “semi‐annual” L. Wu maturity 2 Cash Flow of the Bond • The unit for bond purchasing is $1‚000. • Suppose that an investor purchases $1m face
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Solved Ans. Accounts CA IPCC Nov. 2010 1 Attention C.A. Pcc & Ipcc Students Ipcc_Nov.10 Solved Ans. Acc. Ipcc_Nov.10 Keep Watching our website* for further solution. *www.jainclassesonline.com (No.1 Institute of Jharkhand) C.A. CPT‚ PCC‚ IPCC & FINAL Solved Ans Prepared by : C.A Arvind Kumar Jain and Team Members (Disclaimer : Questions asked in the exam may have wrong/inadequate information and/or ambiguous language. In that case the answers provided by institute may differ from
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SPORTS SHEETS I. Basketball University of Sto. Tomas vs. Far Eastern University UAAP Season 76 Men’s Basketball Smart Araneta Coliseum Yesterday Double-overtime UST- 79 FEU- 78 Key Players: UST: Karim Abdul‚ 24 points‚ Aljon Mariano 21 points and 11 boards‚ Kevin Ferrer‚ 15 points‚ 13 rebounds‚ four assists‚ 2 steals. Team captain jeric teng was not able to play due to pulled hamstring. FEU: Terrence Romeo‚ 19 points‚ 7 of 23 shooting. RR Garcia‚ 16 points. Tigers record improves
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2 Topic Effect of changes in AGI on medical expense deduction Definition of a medical expense Cosmetic surgery as a medical expense Nursing home expenses Medical expense qualifications Timing of medical insurance reimbursement Self-employed versus employee medical insurance Medical and casualty loss reimbursement Health savings account (HSA) Free medical care; medical expenses and divorce Apportionment of real estate tax Mortgage interest expense Home equity loan Deduction of interest on home
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Summarize Take Home Income His annually income includes $65000 from self-employed business and $20000 from part-time job totally worth $85000. After contributing to superannuation‚ the taxable income is $80000; there is no Medicare levy since they have private health insurance. So the total tax is $17550‚ his take home income is $62450. Her take home pay is $601*52 equals $31252 per year‚ which is after tax amount. So their total take home income is $93702 per year ($7808.5 monthly) Expense Their total
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Eric Tuiloma Prof. Elder English 102 24 April 2012 Income for College Football Athletes College football athletes have been selling their jerseys‚ selling signature footballs‚ and committing crimes in order to be able to feed and support themselves financially to survive in the real world. Student athletes don’t have enough time on their hands to work during the season or during off season workouts. It’s considered a year round sport due to the fact that in offseason‚ college football players
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Product Identification Costing Sheet I have a dish of grilled lamb chops with tomatoes and olives‚ honey lime carrots‚ and roasted red potatoes with garlic and rosemary. After costing out every item in the recipe I got a subtotal of $104.56. Once I introduced a Q-factor of 3% into the costing‚ I came up with a subtotal with Q-factor of $107.70. My yield of the dishes is 10 plates‚ so taking the subtotal with a Q-factor and dividing it by 10‚ makes it $10.77 per dish‚ then add in a dollar for extra
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