UNIT 5: ACCOUNTING FOR DEBENTURES LEARNING OBJECTIVES I) II) III) IV) V) VI) VII) IX) X) Understand the meaning and features of debentures. Differentiate between shares and debentures. Understand different classes of debentures Journal entries regarding issue of debentures for cash and for consideration other than cash. Accounting treatment of debentures issued as collateral security Accounting treatment of issue and redemption of debentures at par‚ discount and at premium. Understand the methods
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DeNorris Lee Economics 220 Unit 3 Individual Project March 1‚ 2011 PROBLEM: A firm currently uses 50‚000 workers to produce 200‚000 units of output per day. The daily wage per worker is $80‚ and the price of the firm’s output is $25. The cost of other variable inputs is $400‚000 per day. Although you do not know the firm’s fixed cost‚ you know that it is high enough that the firm’s total costs exceed its total revenue. Assume that total fixed cost equals $1‚000‚000. Calculate the values
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eventually what they are doing is totally at the expense of the Company’s integrity. (5 marks) The GAAP being violated are • Economic Entity Concept – no separation of personal business event to that of the firm’s. The property is a personal asset of Grace Luo‚ it should not be recorded in the company’s book. (3 marks) • Accrual Concept (or Matching principles) – which states that expenses once incurred must be recorded in the book disregard if payment been made or not. All expenses incurred
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policies in the UK and abroad‚ using data and information from The Bank of England‚ the European Central Bank‚ the Institute for Fiscal Studies‚ the Budget‚ the easyJet corporate report and other various economic sources. The Main Objectives of Government macroeconomic policy are; sustainable economic growth‚ stable low inflation‚ low level of unemployment‚ and a good position on the balance of payments. It is that final policy that the coalition Government has declared most important. With the
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Dominant Firm Model * Cournot – nash Model * Bertrand Model * Kinked Demand Curve * Game Theory * Price and Non – Price Competition * Price Leadership * Worldwide examples of Oligopoly * Australia * Canada * United Kingdom * United States * Others * Examples of Oligopoly in Pakistan * Details Analysis of Automobile industry of Pakistan * Conclusion * References EXECUTIVE SUMMARY Oligopoly is a market form‚ in which few sellers dominate
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Roll Number (SEN) Student Name INSTRUCTIONS a) Students are required to submit all three assignment sets ASSIGNMENT DETAILS MARKS Assignment A Five Subjective Questions 10 Assignment B Three Subjective Questions + Case Study 10 Assignment C 40 Objective Questions 10 b) Total weightage given to these assignments is 30%. OR 30 Marks c) All assignments are to be completed as typed in word/pdf. c) All questions are required to be attempted. d) All the
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Exercise 18.9 Doubtful Debts – Ageing Method Over 2 Years GAMES GALORE LTD Required: A. Prepare and balance the Allowance for Doubtful Debts account and the Bad Debts Expense account for years ending 30 June 2013 and 30 June 2014. B. Prepare the necessary general journal entries to bring the allowance for doubtful debts to the appropriate amount at 30 June 2013 and 30 June 2014. A. Allowance for Doubtful Debts 2013 30/6 2012 Accounts Receivable $33 120 1/7 Balance $16 200 2013 Balance 25
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Explain the Economic Order Quantity (EOQ) from first principles. EOQ‚ or Economic Order Quantity‚ was developed by F. W. Harris in1913‚ even if R. H. Wilson is recognized for his early deeply analysis of the model. Harris’s original paper was disseminated; it actually was ignored for many years before its rediscovery in 1988. During this period‚ a lot misunderstanding developed over the origin of the EOQ model. The model is defined as the optimal quantity of orders that minimizes total variable
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Economics Report Project Description: In this project‚ you will edit and format a newsletter and a research paper for Memphis Primary Materials on the topic of environmental economics. To accomplish this‚ you will insert footnotes‚ create citations and a bibliography‚ format a multiple-column newsletter‚ use special character and paragraph formatting‚ and create mailing labels using Mail Merge. Instructions: For the purpose of grading the project you are required to perform the following
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ECONOMIC GROWTH AND DEVELOPMENT Introduction Economies grow and develop‚ they expand and advance‚ and they progress and prosper. There are phases when they decline too‚ and there are economies that experience continuous decay. If one considers long stretches of human history‚ one knows that economies (civilizations) disappeared altogether. We will not take into account such long stretches of time. We shall not consider too distant a past either. We will leave them to historians‚ may be‚ economic
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