Business, 30.03.2021 21:50 khandon4970
Once the company has been established, good internal control measures will be
important to the successful operation of the business.
Briefly explain the internal control measures that will need to be put in place to
ensure effective control over the following areas:
Fixed assets
Stock
Debtors
Cash including control of petty cash and cash float.
Creditors
Answers: 2
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Mae jong corp. issues $1,000,000 of 10% bonds payable which may be converted into 10,000 shares of $2 par value ordinary shares. the market rate of interest on similar bonds is 12%. interest is payable annually on december 31, and the bonds were issued for total proceeds of $1,000,000. in accounting for these bonds, mae jong corp. will: (a) first assign a value to the equity component, then determine the liability component. (b) assign no value to the equity component since the conversion privilege is not separable from the bond.(c) first assign a value to the liability component based on the face amount of the bond.(d) use the “with-and-without” method to value the compound instrument.
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Your own record of all your transactions. a. check register b. account statement
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The demand curve determines equilibrium price in a market. is a graphical representation of the relationship between price and quantity demanded. depicts the relationship between production costs and output. is a graphical representation of the relationship between price and quantity supplied.
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Once the company has been established, good internal control measures will be
important to the succ...
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