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 Prize fund Prize fund Investments 1‚20‚000 Income from Prize fund Investments Prizes awarded 9000 Q7. 1‚20‚000 12000 A‚B and C are partners sharing profits and losses in the ratio of 1 : 2: 3. They have omitted interest
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will heal. Lacerations on the face‚ feet‚ and tail will often bleed more profusely than lacerations in other areas‚ especially if the animal is agitated and shaking it’s head. Any laceration has the potential to become infected‚ so even a non-emergency laceration should be seen the next day to see whether antibiotics are required. Return to Top Fight Wounds. Separate the animals and allow them to calm down so you can evaluate the extent of the injury. Stop any bleeding by applying firm direct
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profit and unappropriated profit. what is the accumulated profit and why do accountants and bookkeepers use different names for the same thing? (6 marks) Accumulated profits is profits that are not paid as dividend but is transfered over to the accounts for the next year. Also can be used to reinvest in the core of the business to help pay off debts or to purchase a capital asset. The reasons why accountants and bookkeepers use different names for the same thing is because bookkeepers are the people
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idea of Emergency Contraception is not a new to society‚ however it is still igniting many debates just as it did when it was first introduced to the United States. Emergency contraception continues to be a highly emotional and controversial issue‚ both for advocates who believe EC will lower the number of unintended pregnancies and abortions‚ and for opponents who believe that using EC amounts to an abortion. The controversy fueling this debate centers around one of the ways that emergency contraception
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Fixtures and fittings $000 $000 250 100 350 Current Assets Stock Debtors Cash Current Liabilities Creditors for supplies Accruals Bank 1540 820 3 2363 1210 192 203 1605 758 1108 25 910 Share capital – Ordinary shares Retained profits Loan accounts – Bracket Racket 104 69 173 1108 The company accountant resigned at the beginning of April 2002 and proper records were not kept for the six-month period 1 April to 30 September 2002. The following information is available for that six-month period
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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
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Picking an Emergency Locksmith Emergency locksmiths resemble the paramedics for home security - you trust you never need to utilize them‚ however when you do‚ you are monstrously appreciative of their talented demonstrable skill and brisk reaction times. They go in vans as opposed to ambulances‚ and as opposed to giving restorative help they give quick Locksmithing arrangements. Whether it’s for lost keys‚ a broken lock or securing a property in the outcome of a break-in‚ emergency locksmiths accept
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Individual Assignment Introduction to Financial Accounting (ACC106) Mega Lawa Trading is a sole proprietorship business owned by Milah Mela. Transactions below are the business activities for the month of December 2013. Date Transaction Effects of Transaction Principles of Double Entry 1 Started a business with a cash at bank for RM 15‚000 and cash in hand for RM 10‚000 3 Purchased machinery on credit from Happy Machine Supplies amounted to RM 90‚000 4 Bought inventories
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Emergency Situation EDA 540 May 31‚ 2009 Abstract At (Blank) Elementary School it is common practice to perform various emergency plans during the school year. The author of this paper will explain and provide examples that prepare the faculty‚ staff and student body for certain issues that can arise during a regular school day. It is imperative that everybody be trained in their responsibilities and appropriate procedures and behaviors during these drills. In todays society‚ one cannot be too
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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
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