Blogs on Assignments, Essays and Dissertations

Blog Articles on Different Assignment Topics

Financial records of Caribbean Traders Assignment Answers

QUESTION 1: ASSET DISPOSAL (20 MARKS) The information provided was extracted from the financial records of Caribbean Traders. Their financial year ends on the 28 February 2022. INFORMATION A. INCOMPLETE FIXED ASSET NOTE   Equipment Cost 900 000 Accumulated depreciation (370 000) Carrying value       Movements   Additions   120 000 Disposals   Depreciation   Carrying value   Cost   930 000 Accumulated […]

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Esprit Limited as a financial consultant Assignment Answers

Question One (20 Marks) You recently accepted an assignment with Esprit Limited as a financial consultant. One of your first assignment is the analysis of two proposed capital investment projects. Details of initial investments, after-tax cash flows and average annual profits are represented below: DESCRIPTION YEAR AFTER TAX CASH FLOWS     PROJECT A PROJECT B     R R         Initial […]

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Taxation TAXN7321 Assignment Help

Question 1 (Marks: 25) HQ Connect (Pty) Ltd (referred to hereunder as HQC), is a resident company that sells various technological products, including smartphones and tablets. The company is a small business corporation as defined in the Income Tax Act and its financial year ends on the last day of March. You are provided with an extract of the statement of profit or loss and […]

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Accounting 1 Assignment Answers Regent Business School

XYZ Traders: DATA-SET PROVIDED FOR THE YEAR ENDED 31 DECEMBER 2022 Account Debit Credit Bank charges 1 300   Cleaning 1 500   Computer equipment 12 500   Cost of sales 32 000   Credit losses 420   Depreciation 2 300   Fuel and oil 56 000   Garden maintenance 1 300   Goods sold   125 000 Interest on loan 2 600   Interest […]

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512 Fundamentals of Accounting Richfield Assignment Answers

Question 1 The following information relates to Stimulus Traders: Balance at 31 December 2012 R Trading inventories on 01 January 2012 15 000 Trading inventories on 31 December 2012 12 000 Inventory of stationary on 31 December 2012 1 500 Sales 166 000 Purchase 90 000 Sales Returns 3 000 Purchases Returns 5 500 Freight on purchases 3 000 Freight on sales 10 000 Import […]

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Questions on Explicit Implicit Cost, Game Theory, and Stagflation

QUESTION 1 a. In a business, provide two examples of explicit cost and two examples of implicit cost. Explain how these costs affect accounting and economic profit. 2 Marks b. With relevant assumptions, use a numerical example to explain the significance of diminishing marginal returns to a firm. 3 Marks QUESTION 2  Do you agree with the following comment, “Firms are to continue production despite […]

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Accounting 512 Assignment Answers South Africa

QUESTION ONE (30 MARKS) The following information was taken from the books of Nhlakanipho & Shaun: Balances in the general ledger of Nhlakanipho & Shaun at the financial year end – 31 March 2019 Account Debit (R) Credit (R) Capital: Nhlakanipho (1 April 2016)   95 000.00 Capital: Shaun (1 April 2016)   80 000.00 Current: Nhlakanipho (1 April 2016) 19 000.00   Current: Shaun […]

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Bryan formed ECO Sdn Bhd on 1 January 2018 – Malaysia

Following is the independent situation of the taxpayers in Malaysia in 2021: Bryan formed ECO Sdn Bhd on 1 January 2018 with paid up Ordinary Share Capital of RM2,230,000. The company recorded a statutory income of RM617,800 and rental income of RM45,260. Belina and five other shareholders commenced a business named Graphics Sdn Bhd since 2019. In year 2021, the company has a gross income […]

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Income Statement under Marginal Costing and Absorption Costing

The following data has been extracted from the operating records of HPPT Solution Sdn Bhd for the last two quarters of the year to 31 December 2020: Quarter 3 Production units 7,000 Sales units 5,500 RM Selling price per unit 100 Variable manufacturing cost per unit: Direct material cost 20 Direct labor cost 15 Variable overheads 10 Fixed production overheads are budgeted at RM120,000 for […]

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