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What is the dividend yield on Stock A that sells at \$20/share , when Company A pays a quarterly dividend of $0.15 per share? dividend yield = [?] %
get your answer as a percent rounded to the nearest tenth
Discuss and analyze the following transactions for X Ltd, using the concept of accounting equation (Assets, Liabilities and Equities). 1. Purchased Furniture for Rs675000 2. Capital Introduced by the business Owner by depositing 12 Lakhs in the bank account 3. Goods purchased on credit from Aman Enterprises for Rs105000 4. Goods sold on credit for Rs 400000. The cost of the goods sold was Rs 300000 5. Purchased goods from Sneha Enterprises for Rs 600000 and made the payment from the business’s bank account
Love Doddle is a gifting enterprise of Ms. Dorati. The enterprise generates inflows by arranging gift hampers for the customer's loved ones. The inflows arises from the sale of gift hampers Rs 505000 and from bank interest, dividend receipt Rs4200. Ms. Dorati is confused on how to record these inflows. She would like to understand from you about the concepts Revenue from operation and other income, so that she can record the information so as to prepare the profit and loss statement of the enterprise. Define, share examples, and elaborate on your understanding towards the terms Revenue from Operation and Other Income.
1. Discuss and analyze the following transactions for X Ltd, using the concept of accounting equation (Assets, Liabilities and Equities). 1. Purchased Furniture for Rs675000 2. Capital Introduced by the business Owner by depositing 12 Lakhs in the bank account 3. Goods purchased on credit from Aman Enterprises for Rs105000
Explain different accounts maintained under balance of payments with its components. Also, explain why a stronger rupee could enlarge the India’s balance of trade deficit and why a weaker rupee could affect the India balance of trade deficit.
Deferred Outflow of Resources = Asset. So you normally debit this right?
Deferred Inflow of Resources = Liability. So you normally credit this right?
What does it mean when you Credit Deferred Outflow of Resources?
What does it mean when you Debit Deferred Inflow of Resources?
What type of account is Other Financing Sources? Do you normally debit or credit it?
What type of account is Other Financing Uses? Do you normally debit or credit it?
Debit Cash
Credit Other Financing Sources
- What does this journal entry mean?
Debit Expenditure
Credit Voucher Payable
- What does this journal entry mean?
Debit Cash
Credit Deferred Inflow of Resources
- What does this journal entry mean?
Debit Cash
Credit Tax Anticipating Note
- What does this journal entry mean?
Debit Estimated Revenue Control
Debit Budgetary Control
Credit Appropriations Control
- What does this journal entry mean?
Debit Estimated Revenue Control
Credit Appropriations Control
Credit Budgetary Control
- What does this journal entry mean?
Debit Encumbrance
Credit Budgetary Control
- What does this journal entry mean?
Debit Budgetary Control
Credit Encumbrance
- What does this journal entry mean?
Debit Appropriations
Debit Budgetary Control
Credit Estimated Revenues
- What does this journal entry mean?
What account is an Encumbrance?
What account is Budgetary Control?
What account is Appropriations?
What account is an Estimated Revenue Control?
Willow Traders is a nursery in Diepkloof. It is owned by Violet who is studying part‐time at
Rosebank College. Willow Traders uses the perpetual inventory system to record inventory
transactions. Mark‐up is 20% on cost on all good sold.
VAT can be ignored on all transactions.
The following transactions took place in the month of August 2020:
NO DATE TRANSACTION
2.1 1 Owner contributed a delivery vehicle valued at R200 000
2.2 4 Purchased goods for cash R10 000 and received a trade discount of
5%
2.3 6 Sold 10 Pecan Trees at R50 each for cash to Lilly Rogers
2.4 15 Paid R300 cash for an advert in the local newspaper
2.5 20 Violet took a rose tree as a birthday present for her sister. Rose trees
are sold at R75 each
Shown below in random order is a list of balance sheet items for Red River Farms at Sent 30, 2001:
$33,570
Land ........ Barns and Sheds .......... Notes Payable Accounts Receivable Citrus Trees ......... Accounts Payable ..... Property Taxes Payable ....
$550,000
78,300 530,000 22,365 76,650 77,095 9,135
Fences and Gates Irrigation System Cash Livestock . Farm Machinery .... Hollis Roberts, Capital Wages Payable
20,125
16,710 .. 120780
42,970
1,820
