Accounting Answers

what factors are likely to reduce the holdings of inventory in relation to sales in the future? What factors will tend to increase the ratios and what in your judgement is the net effects?

discuss new developments in inventory management systems and the implications for production technique any philosophy.

1. Financial accounting of partnerships – analysis and interpretation is content prescribed for Accounting Grade 11 in the CAPS document. Design a lesson for a Grade 11 Accounting class using the above theme. (20).

3. Inventory systems is an Accounting topic prescribed for Grade 12 in the CAPS document. Prepare: c) a class test (consisting of short answer questions) and d) a memorandum for this class test (30) HINTS: 1. The test should be written in a single period (maximum 30 minutes) 2. The test should include different types of short-answer questions 3. Maximum marks: TOTAL: [50]

Inventory systems is an Accounting topic prescribed for Grade 12 in the CAPS document. Prepare: c) a class test (consisting of short answer questions) and d) a memorandum for this class test (30)

Why might it be necessary to consolidate and/or convert financial data to allow it to be analysed in accordance with organisational requirements?

Take Britannia Industries Ltd as a case. In the context of its financial statements and annual report answer the following

a. It’s a largely acceptable practice among the corporate entities to pay dividend to its shareholders. Take Britannia Industries Ltd as a case. Discuss and differentiate the types of dividend the company paid for the financial year 2020-2021. Also, mention your understanding about what could be the accounting treatment of Dividend in the books of Britannia Industries Ltd.

b. Discuss and share your understanding on any three profitability ratios which you feel relevant to assess the profitability of the company

Mahesh wants to start his business and for that he decides that he will take loan for Rupees 7 Lakhs from the Bank of Baroda. He also decides to use his saving worth 3 lakhs in the bank account to start the business. Discuss how these two transactions will be recorded in the books of accounts by passing the relevant journal entries? How these transactions will be reflected in the Books of accounts (that’ is in the financial statements)? Lastly, conclude your answer by stating the applicability of which accounting assumption/s you did the above mentioned accounting treatment/ recognition and presentation in the books of accounts

This pandemic situations has drawn the attention of a lot of individuals to actively watch and participant in the Indian financial market. As a life-long learner, you also decide to understand the fundamentals of certain companies listed on the stock exchanges in India. One of your friends advised you to look in to the various techniques of financial analysis, as one of the way of evaluating the financials of business entities. You are done with getting an understanding about various techniques of financial analysis. Elaborate any five of the said techniques for financial analysis.

A debtor, Mr A Naidoo, owed Peter Stores R4 000 on 1 May 20.20. On 15 May Mr A Naidoo decides to settle his account at Peter Stores, by paying his account in full. Wilton Stores gives him 10% discount.

Which of the following correctly represents the above transaction (Ignore any VAT implications)?