Accounting Answers

*Mention six branches of Accounting.
*Accounting information are useful to
many users.
Mention five users of Accounting
Information that you know.

*How is Accounting information useful to:
–A prospective buyer?
–A prospective Investor?

exploring business analytics and enterprise system on managerial accounting

tomatoes has a price demand the total revenue of tomato firms will

The accounting period of Meander Enterprises ends on the last day of February each year. On the 28 February 2017, the total of the rent expense account was 41 100. Rent was paid up to 31 March 2017. Note: Rent expense increased by 10% with effect from 1 September 2016. Which will be the correct journal entry to adjust the rent expense account on 28 February 2018?

What are the likely cost implications for a business which expands rapidly? Discuss in 120–150 words

Discuss the way that saving is taxed under an income tax and consuption tax.which is more efficint ? why?which is more equitable ?why?

What are the eight member standards for successful budget negotiating procedures?

What accounting standard is relevant to the presentation of financial statements including budgets?

explain the involvement of operational staff in the consultative processes for advising on cost information when formulating budgets and the implications for expense in the organization

laundry processed 120 kg & is expected to grow to 132 kg. This growth will continue at the same percentage rate for next 7years . Currently hospital , is considering two options, the purchase of machine A or the rental of machine B. given information: Machine A – purchase Annual capacity £180 Material cost per kilogram £2 Labour cost per kilogram £3 Fixed costs per annum £20 Life of machine 3 years Capital cost £60 Depreciation per annum £20 Machine B – rent Annual capacity (kilograms) £170 Material cost per kilogram £1.8 Labour cost per kilogram £3.4 Fixed costs per annum £18 Rental per annum £20 Rental agreement 3 years Depreciation per annum nil 1. The hospital is able to call on an outside laundry if there is either a breakdown. The charge would be £10 per kilogram of washing. 3. Machine A will have no residual value at any time. 4. Present machine can be sold £10 cash 6. discount rate is 15%. (a) evaluate the two options for operating the laundry, using discounted cash flow techniques;