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(a) Prepare a Trading and Profit and Loss Account for the year ended 31/12/2014. (b) Prepare a Balance Sheet as at 31/12/2014.
(2015)
(a) The Machinery Account.(b) The Provision for Depreciation Account.(c) The Machinery Disposal Account.(d) (i) Explain why a company charges depreciation in calculating profit. (ii) List the factors which should be considered when determining the deprec
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 31/12/2014.
(a) Prepare a Statement of Capital for the farm on 01/01/2014.(b) Prepare an Enterprise Analysis Account for ‘Cattle and Milk’ and ‘Sheep’ for the year ended 31/12/2014. (c) Prepare a General Profit & Loss Account for the year ended 31/12/2014. (d) Prepar
The following figures have been taken from the Final Accounts of GJ plc, a manufacturer in the food processing sector, for the year ended 31/12/2014.