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Economics, Accounting & Business: Post your doubts here!

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how should i prepare for accounts p1
and im not thorough with limited companies so can someone explain it to me or give me a link to a site which explain me the chapter ?

u need to go through rights issue , bonus share , how to calculate share capital , dividends , share premium
 
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CAN SOMEONE PLZZZ SOLEV AND GIVE REASONS???
 

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.An economy is faced by the exhaustion of an important natural resource at a time
when it is introducing improved technology.
Explain how these events will affect the economy’s production possibility curve. [8]
the main thing would be that the natural resources or inputs would really matter a lot as compared to the improved technology....as improvement in technology would nt implement untill there are enough resouces in the economy.......so is it so????
 
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what are the implications from changing from job to batch production on workforce training?? What are the points. it is worth 8 marks
 
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CAN SOMEONE PLZZZ SOLEV AND GIVE REASONS???

in HIJ.jpg, i think the answer is C, as the company made an interim dividend of $15000 + $50000 the final dividend giving $65000 in the P and L a/c, and the final dividend of 50000, will only go to the balance sheet at the current liability section...


in HIK.jpg, i think the answer for question 12 is A as i think that land is the only thing that does not need depreciation....
and for question 13, a negative goodwill would appear in the debit side of the capital a/c, which means that the answer may be D

hope my answers are right :/
 
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in HIJ.jpg, i think the answer is C, as the company made an interim dividend of $15000 + $50000 the final dividend giving $65000 in the P and L a/c, and the final dividend of 50000, will only go to the balance sheet at the current liability section...


in HIK.jpg, i think the answer for question 12 is A as i think that land is the only thing that does not need depreciation....
and for question 13, a negative goodwill would appear in the debit side of the capital a/c, which means that the answer may be D

hope my answers are right :/

hey bro for 13th the answer is A....all others are absolutely correct....help me in the 13th one now:)
 
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hey i didnt get how to calculate the share capital account...help plzz...m getting 520000 which is nt an option?
 

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the answer is A coz issued share capital is 100000*.50=50000 and a futher issue of shares of 50000*.50=25000
so 50000+25000=75000
dat 1.20-.50=.70 is for share premium
oh ty....i messed up share capital n share premium n dat is y i wsnt gtin d ans...thnx a ton n ya fr d essays too :)
 
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Another doubt......9706/01/m/j/05....ques numb 4 and 15 plsss.....y is d answer A in qt 4and r v suppose to deduct d bad debts cuz it is gvn it had been??? in qt 16 ms shws dey hv tkn d saleable value bt y?
 
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