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Record on a tabular statement the effect each of the above transactions had on the relevant asset and liability and ascertain the total assets and liabilities on 31/12/2012.
(2013)
(a) Show the Club’s Accumulated Fund (Capital) on 1/1/2012. (b) Show the Income and Expenditure Account for the year ending 31/12/2012 (c) (i) Explain with the use of an example what is meant by a Special Purpose Profit & Loss Account. (ii) The club has d
The following figures have been taken from the Final Accounts of Dantzig plc, a manufacturer in food processing sector, for the year ended 31/12/2012.
(a) To prepare the published profit and loss account for the year 31/12/2012 and a balance sheet as at that date in accordance with the Companies Acts and appropriate accounting standards showing the following notes: 1. Accounting policy note for tangible
(a) Trading and Profit and Loss Accounts for the year ended 31/12/2012. (b) Balance Sheet as at 31/12/2012. (c) What additional information would be available to Kelly if he used the ’double entry’ system to record financial transactions?
