VERIFIED ACCOUNT OBJ: 1-10: ACACBBCDBA 11-20: DDDCACDAAD 21-30: DBDBBCDCBC 31-40: BADCAACDCB 41-50: AACAACDDDB @geekplanet.tk ESSAY: (1a) Authorized Capital is the total amount stated in the memoradum of associating and approved by the registrar of companies which can issue out (1b) Dividend is a share of profits of a company paid to a share holder asretunrs on his investment in the company (1c) Goodwill is an asses, but it can not be seen or touched, hence itis referred to as intangible asset. it can also be defined as the excess of the purchase consideration over the total value of assets less laibilities. It is not a tangible asset and cannot be realized until the business is to be sold (1d) Prime Cost is a business expenses for the materials and labour it uses in production. Its a way of measuring the total cost of the production inputs neededto create a given out. it is used to detemine how much a company will change for its finished product (1e) Cash book: This is the book for recording detailed particulars of allmoney received and paid. all cash transactions and transactions with chequemust pass through the cash book. It is a subsidiary book and really part of pricinpal book called ledger. The cash and bank account are taken out of the ladger and combined intoa single book called cash book. (2a) Partnership can be define as the relationship which subsists between persons carrying on a business in common with a view of profit. It can beform by two to twenty persons (2b) Active partners Dormant partners Normal partners Sleeping partners - Active partners- this is the partner who takes active part in the formation and management of the business - Dormant partners: The dormant partner does not partake in the day today running of the business but he only contribute - Normal partners: the partner only contributes his name to the formation of the business and nothing more - Sleeping partners: Thisare more of a dormant partners they does not partake in the business runing (4 ) Revenue statement for koko local govt for the year ended 31st dec 2004 Tabulate head|particulars|amount Under head:2113,3401,201230,3101,3007,2012,2013,2001 Under particular:vat allocation,fines,licence,interest on investment,state statutory allocation,environment sanit,motor lease rental,rent from stores,investment,revenue Under amount:520,000.60,000.200,000.250,000.6,000,000.155,000.250,000.550,000.1,750,000.1,500,000 Total:11,235,000 Expenditure statement for koko local govt for the year ended 31st dec 2004 Tabulate head|particulars|amount Under head,4000 Under particulars:salaries,motor fuelling,borehole maintenance Under amount:5,000,000.840,000.65,000 Total:5,905,000 (5a) Income and expenditure a/c for the year ended 31st dec 1989 Tabulate expenditure|income Under expenditure: Rent:2160 In 170 Printing:135 Secretary exp:330 Postage:1630 Depreciation:50 Equipment:28 Surplus of income over expenditure:17 Total:4520 Under income:1480 Fees:1700 Donations:1340 Total:4520 (5b) Balance sheet as at dec 31st 2001 Tabulate dr and cr side Under dr side: Accumulated fund:1500 Add surplus of income:17 Total:1517 Liabilities-rent owing:540 Printing owing:15 Subscription in adv:200 Total:2272 Under cr side Fixed asset: Land and building:950 Eqipment:532 Current assets Cash:570 Insurance:20 Secretary exp:80 Subscription:120 Total:2272 (6a) Adjusted cash book of osaro for the month of march 2009 Tabulate cr side and dr side Under dr side: Bal c/d 3800 Total 3800 Under cr side: Bal b/f 2540 Bank charges 490 Standing order 770 Total 3800 Bal b/d 3800 (6b) Bank reconciation statement Bank as per adjusted cash book 3800 Add uncredited cheque 1060 Total 4860 Less unpresented cheque630 Balance as per bank statement 4230 @geekplanet.tk Literature Already Loaded @Site
Posted on: Thu, 06 Jun 2013 12:42:57 +0000
Trending Topics
Recently Viewed Topics
© 2015