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(a) Calculate the company’s reserves (profit and loss balance) on 01/01/2011. (b) Calculate the profit/loss from the shop for the year ended 31/12/2011.(c) Prepare a Profit and Loss Account of New Era Gym and Health Centre Ltd for the year ended 31/12/20
(2012)
(a) (i) Prepare an Abridged Profit & Loss account to ascertain the operating profit for the year ending 31/12/2011. (ii) Prepare the Cash Flow statement for Danton plc for the year ending 31/12/2011, including Reconciliation Statements.(b) (i) Explain
(a) Prepare a cash budget for six months July to December 2012. (b) Prepare a budgeted profit and loss account for the six months ended 31/12/2012. (c) What factors should be taken into account by Din Ltd in arriving at the expected sales of €3,600,000
(a) Manufacturing, Trading and Profit and Loss Account for the year ended 31/12/2012. (b) Balance Sheet as at 31/12/2012.
(2013)
(a) The Vehicles Account. (b) The Provision for Depreciation Account. (c) The Vehicles Disposal Account. (d) (i) Why does a company charge depreciation in calculating profit? (ii) Why would a company choose one method of depreciation over another?
