following are the balances of the Sun Co.ltd the Moon Co.ltd. prepared on 31st December 1986. On the 1st of January 1986‚ the Sun Co. Ltd took over Moon Co.ltd‚ when the latter had a credit balance of Rs. 35‚000 in its profit and loss account. 35 Liabilities Sun co. Equity share capital Rs. 10 each 3‚00‚000 General reserve 1‚50‚000 Moon co. Assets Sun co. Moon co. Sundry assets 2‚00‚000 1‚00‚000 2‚20‚000 Investments (shares in Moon Ltd) 3‚60‚000 1‚00‚000 80‚000
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1.Executive Summary Safe Kids Child Care is a start-up organization that provides day care services . This mid-sized child care facility serves children from three months to six years of age. Our services are safe and secure‚ providing the parents with an excellent place where their children can be taken care of. Safe Kids Child Care is a business that has become necessary in today’s fast-paced world. There are an increasing amount of families who have become dependent on two incomes‚ which has
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Blue CLASS‚ Group 4 | J Sainsbury plc | Financial reporting and analysis assignment | | | | Group members: Daryush Arabnia Petra Buckley Luca Buonocore Sudarshan Mohanasundaram Jingsi Yang Chapter1 Short description of the activities performed J Sainsbury plc is a leading food retailer in the United Kingdom. J Sainsbury plc was founded in 1869 and today operates a total of 934 stores comprising 557 supermarkets and 377 convenience stores. It jointly owns Sainsbury’s Bank
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1. What guidance does the Codification provide on the classification of current liabilities? (reference & brief explanation) - Reference: FASB ASC 210-10-45-5 through 45-12 Explanation: Current liabilities are obligations due within a year. On the balance sheet the listing of current liabilities start with obligations that arise from the operating cycle such as payables incurred in the acquisition of materials and supplies‚ collections received in advance of the delivery of goods or performance
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company’s collection period is 30 days? 45 days? 5. Suppose you constructed a pro forma balance sheet and a cash budget for a company for the same time period and the external financing required from the pro forma forecast exceeded the cash deficit estimated on the cash budget. How would you interpret this result? 6. Table 3.5 presents a computer spreadsheet for estimating R& E Sup-plies’ external financing required for 2009. The text mentions that with modifications to the equations for equity and
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serve as the general ledger for UST Company. UST Company Chart of Accounts Asset accounts Cash Accounts receivable Merchandise inventory Prepaid expenses Land Fixed assets Accumulated depreciation Liability accounts Accounts payable Customer prepayments Other current liabilities Long-term liabilities Temporary accounts Dividends Sales Cost of goods sold Selling and administrative expenses Rent expense Insurance expense Depreciation expense Interest expense Gains Losses Shareholder equity accounts
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Contents Of Assignment Problems Problems For Chapter 2 Assignment Problem Two - 1 (Held-For-Trading and Available-For-Sale) Assignment Problem Two - 2 (Fair Value And Equity Methods) . . . . Assignment Problem Two - 3 (Cost And Equity Methods) . . . . . . Assignment Problem Two - 4 (Classification Of Equity Securities) . . . 1 1 1 2 3 Assignment Problem Six - 3 (Consolidated Cash Flow Statement - Profits) . . . . Assignment Problem Six - 4 (Completed Consolidated Statements With Questions)
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EXECUTIVE SUMMARY I’ll Be Denim is an organic denim clothing line headquartered in Los Angeles that currently focuses exclusively on locally producing a slim fit‚ straight fit‚ and regular fit line of jeans for men and women. Founded by Elena Horowitz‚ a retail industry veteran with experiences at JCrew‚ the Gap‚ and Levi’s‚ and James Foster‚ a serial entrepreneur‚ the duo is out to bring socially conscious fashion to the masses. Currently selling online and through partnerships with a handful
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Accounts payable Notes payable‚ bank Accrued taxes(a) Long-term debt‚ current portion Current liabilities Long-term debt Shareholders’ equity Total liabilities and shareholders’ equity $200 2‚905 586 $3‚691 1‚176 $4‚867 $282 752 88 50 $1‚172 400 3‚295 $4‚867 (a)The company was required to make estimated tax payments on the 15th of April‚ June‚ September‚ and December. In 1993 it elected to base its estimated tax payments on the previous year’s tax. The balance of $88‚000 was due on March 15‚ 1994
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Professional Liability There have been many changes in how healthcare is delivered today as opposed to how it was delivered decades ago when our parents were young. Many years ago there was a close relationship between a doctor‚ patient‚ and pharmacist. There was a considerable amount of trust given to the healthcare professional. They took the time and patience to make sure that their patient received the highest quality of care. Today‚ the healthcare industry is not as personable
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