An Archive of Impeccable Accounting Answers : Page - 13

Preparation of Double Entry AccountsPlease answer all questions in Answer Book provided 1. (40 marks) Mary set up a business on 1 July 2021. She paid £20,000 in cash to the business. The following transactions took place in July. Date Description 1.7.21 Paid the landlord for the office £2,400 in cash as rental expense. 2.7.21 Pu...

Course Code   :  ACCT2031

Course Title   :  managerial accounting

Ref style  :  Open

4/5 

Task and Steps for the ProjectThis is a managerial accounting case study that needs to be solved 1) Review the video and/or the scripted PDF's for Windows. 2) Download the Excel data file. (After you download the file, You need to save your assignment by clicking the save button in the upper right hand corner before you exist. If you do not save your assignment, the next time you enter, you may see a different company and set of data.) ...

The Needs of Governmental Financial Reports UsersWhy Are Separate Accounting and Financial Reporting Standards Essential for Governments? Separate accounting and financial reporting standards are essential because the needs of users of financial reports of governments and business enterprises differ. Due to their unique operating environment, governments have a responsibility to be accountable for the use of resources that is significantly di...

Course Code   :  ACCT2210

Course Title   :  financial accounting

Ref style  :  Not Selected

5/5 

Task:1. You must complete the examination in the provided Microsoft Excel template. The tabs have been prepopulated for each question; there is no need to create additional tabs. The name of your Microsoft Excel file should be your first and last names. Examinations in other formats (Word, PDF, picture format) will not be accepted. 2. Upload your completed examination to the “Final Exam File Submission” folder on Moodle. ...

Task 1: Preparation of Financial Statements for Face PlcThe task is explained in the file IML610620 Assesment. Other files are enclosed to show how he calculations and tables look like. We also need to show just an excel draft with tables and calculations. Task 1: (40 marks) Face plc is engaged in the trading of security equipment. The trial balance at 30 June 2021 was as follows:Debit CreditOrdinary share capital (£0.50 per share) 1...

Adjustments for Preparing Financial Statements for Orb1 You  have been asked to help prepare the financial statements  of Orb,a    limited liability  company, for the year ended 31December 2o2O. Orb's trial balance at 31December 2o2O is set out  below. Orb - Trial Balance at 3a December 2020 Some further information has come to tight and you have been asked to review the trial balance in the tight of this ...

Background InformationPlease complete the tax return for Maria and David Mean, as well as write them a letter to them indicating why you included or exculded certain information. Maria and David Mean are married and will file a joint return from 2020. Maria’s Social Security number is 569-48-6932 and her birth date is 1/4/1975. David’s Social Security number is 485-98-2566 and his birth date is 2/7/1973. They live at 5970 Scotch w...

Question 1: Analysis of Free Cash Flow and Financial CommitmentsQuestions should be answered directly and to the point. The marks assigned to a question are generally a good indicator of how much you need to write. Lengthy answers could indicate lack of understanding of the question and an attempt to include more detail than required with the hope that the correct answer is somewhere buried in the essay. Marks may be deducted for such response...

New Equipment and Contribution Format Income Statement1. (a) Morton Company's contribution format income statement for last month is given below:  The industry in which Morton Company operates is quite sensitive to cyclical movements in the economy. Thus, profits vary considerably from year to year according to general economic conditions. The company has a large amount of unused capacity and is studying ways of improving profits. Requ...

Nature of The ActionThe defendants named in this Action engaged in a fraudulent scheme of massive proportions involving over S2 billion of improperly recorded sales. The scheme entailed misleading investors into believing that Bristol-Myers was legitimately meeting or exceeding Wall Street's published estimates for the Company's quarterly and yearly earnings and growth when, in reality, the Company "made its numbers" only because it recogniz...

Course Code   :  COM203

Course Title   :  Consulting and Freelancing

Ref style  :  APA

4/5 

Key Elements of a Pitch ProposalPitch for a new client Due: As per schedule Value: 30% of overall mark Word limit: 1500 words (plus appendices and reference list).  For this assignment, your task is to plan and present a pitch for a real life client in the form of a written proposal. A detailed client brief and information on how to present your proposal will be supplied during the trimester.  Your pitch to the client must include ...

Task 1. (a) Critically evaluate the proposition that “Balanced Score Card helps multinational service sector business organisations that are in distress due to pandemic to return to profit ”.   (b) Critically evaluate the proposition that “When used as performance measurement tools, both (ROI) Return on Investment and (RI) Residual Income promote goal congruence between division and head office and also provide a mutua...

Objectives and Requirements of Segmental InformationTitle:  Segment disclosures are widely regarded as some of the most useful disclosures in financial reports because of the extent to which they disaggregate financial information into meaningful and often revealing groups. Discuss The project report (maximum 2,000 words, excluding the one to two-page summary requested) should address the following: 1.Discuss the objectives of segment...

True or False Questions1. Credit– is a transaction that adds value to an account; it results in the increase of an asset or a decrease in a liability or owners equity True or False (circle) 2. Debit –  is a transaction that removes value from an account; it results in a decrease to an asset or expense account, or increases capital, liability, or revenue account True or False (circle) 3. Debits always appear on the left  A...

AbstractCurrency exposures are big risks for companies that engage in international trades across their borders. A company is exposed to currency risk when revenue earned abroad is converted into the money of the domestic country, and when payables are converted from the domestic currency to the foreign currency. Hedging enables international traders or businesses to manage their exposure to currency risk. When a firm hedges its currency risk ...