Business, 15.07.2021 14:00 esta54

4X. Granites purchased by engineering firm. The following Trial Balance was extracted from the books of Martins Enterprises as at 31st December 1999. A Land and building 60,000 Motor vehicles 5,000 Bank 10, 811 Cash in hand 412 Sundry debtors 30,412 Purchases 65, 912 Heating and lighting 1,980 Office expenses 4,017 Carriage outwards 3, 913 Stationery 317 Wages and salaries 30, 084 Telephone 457 Discounts allowed 3,000 Insurance 112 Rates 250 Stock 32,000 capital 110,000 sundry creditors 8,315 discounts received 715 Bank interest received 25 sales 129,622 additional information:
stock at 31st December 1999 was #39,000
bad debt of #812 has been written off
accrued account: audit fees #250 and legal expenses #25.
prepayments; insurance #27 and rates #95.
Make a provision of 5% for doubtful debts on debtors.
depreciation has to be write off: land and building at 2% per annum
motor vehicle at 20% per annum.
you are required to prepare:
trading, profit and loss account for the year ended 31st December 1999.
balance sheet at the date.

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 05:00

One question from a survey was "how many credit cards do you currently have? " the results of the survey are provided. complete parts (a) through (g) below. click the icon to view the survey results. (a) determine the mean number of credit cards based on the raw data. the mean is 3.113.11 credit cards. (type an integer or a decimal. do not round.) (b) determine the standard deviation number of credit cards based on the raw data. the standard deviation is 1.9111.911 credit cards. (round to three decimal places as needed.) (c) determine a probability distribution for the random variable, x, the number of credit cards issued to an individual. x (# of cards) p(x) x (# of cards) p(x) 1 0.280.28 6 nothing 2 nothing 7 nothing 3 nothing 8 nothing 4 nothing 9 nothing 5 nothing 10 nothing (type integers or decimals. do not round.)

Answers: 2

Answer

Business, 22.06.2019 06:00

Use this image to answer the following question. when the economy is operating at point b, the us congress is most likely to follow

Answers: 3

Answer

Business, 22.06.2019 12:10

The cost of the beginning work in process inventory was comprised of $3,000 of direct materials, $10,000 of direct labor, and $10,000 of factory overhead. costs incurred during the period were comprised of $15,000 of direct materials costs, and $100,000 of conversion costs. the equivalent units of production (eup) for the period were 9,000 for direct materials and 6,000 for conversion. the costs per eup were:

Answers: 3

Answer

Business, 22.06.2019 19:00

The east asiatic company (eac), a danish company with subsidiaries throughout asia, has been funding its bangkok subsidiary primarily with u.s. dollar debt because of the cost and availability of dollar capital as opposed to thai baht-denominated (b) debt. the treasurer of eac-thailand is considering a 1-year bank loan for $247,000.the current spot rate is b32.03 /$, and the dollar-based interest is 6.78% for the 1-year period. 1-year loans are 12.04% in baht.a. assuming expected inflation rates of 4.3 % and 1.24% in thailand and the united states, respectively, for the coming year, according to purchase power parity, what would the effective cost of funds be in thai baht terms? b. if eac's foreign exchange advisers believe strongly that the thai government wants to push the value of the baht down against the dollar by5% over the coming year (to promote its export competitiveness in dollar markets), what might the effective cost of funds end up being in baht terms? c. if eac could borrow thai baht at 13% per annum, would this be cheaper than either part (a) or part (b) above?

Answers: 2

Answer

You know the right answer?

4X. Granites purchased by engineering firm. The following Trial Balance was extracted from the books...

Questions