Introduction of Capital Asset Pricing ModelCapital asset pricing model CAPM is widely implemented application in the estimation of price of capital for organizations to evaluate the act of the different investment for return. It is considered a practical apparatus to estimate the cost of capital for the organizations and to …

  Date Particulars Debit $ Credit $ 1 Dec Rent expense      Cash 475   475 1 Dec Equipment     Cash     Account receivable 3500   1500 2000 3 Dec Cash     Note payable 2500   2500 4 Dec Cash     Account receivable 1800   1800 7 Dec  Insurance expense …

This report is going to prepare for the board of directors of the company and provide guidance about their workings in the society. Medical cannabis is going to help out people in terms of protecting them from the revelation of medical treatments and after they react with these, they can …

     Initially recorded at fair value plus transaction cost, based on Para 43 of AASB 139. Facts: According to Para 43 of AASB 139, the investment must be recorded at the date of acquisition according to the fair value of the price of shares before further negotiation. Fair value means …

In countries general sales tax is different from other countries' sales tax, some goods are subject to the general sales tax while others are not subject to the general sales tax. General sales tax is different from Value Added Tax; the retailer collects sales tax during the final sale in …

Income statements:   Statement of Income For the year ended 31 December 2019   OMR OMR Sales            200,000 Less: sales discount              5,000   Less: sales return              8,000  (13,000) net sales            187,000 Less: Cost of Sales     opening inventory              8,000   Plus: Purchases …

 Table of Contents Revenue Recognition. 3 An analysis of revenue recognition issues. 3 Background and main accounting principles of IAS 18 Revenue. 4 Shortcomings in IAS 18 which led to its cancellation. 6 An analysis of IFRS 15 as to how it overcame shortcomings of IAS 18. 6 ConclusionRevenue Recognition …

Overview of Balance Score Card Managerial Accounting The balanced scorecard or written as the balanced scorecard is known as the strategic measurement performance model which is given by the David Norton and Robert Kaplan. The main objects the balanced scorecard has to translate the mission of the organization and the …

Net profit 55650Add back:Depreciation 21,830Parking fines 70Gifts to suppliers – electronic diary3,230Gifts to customers – chocolates2,075Donations to conservative party 800Lease of motor van0Subscription to international tailoring magazine0Staff cost028,005Tax adjusted trading profit before capital allowances 83,655 b) Tax adjusted trading profit before capital allowances 83,655 Less: Capital allowances 15,167 ––––––– Tax adjusted …

This can be calculated from the taxable income. then this income will be minus from the tax deduction and it will be equal to gross tax liability. It is given byAfter this in the next step, the gross tax liability will be minus from the tax credits then it will …

There are existences of provisions under the IPSAS in which organizations are adopting the process of the accrual basis of accounting and financial reporting that is encouraged to meet the provisions of the standards as soon as possible to meet the requirements of the project. Currently Saudi companies are working …

You may be thinking about building your own house. Have you planned for the location and house design? Not Yet. Why not think about the Granny Annexes. Building a home in the Annexe is the fantastic options for families who want to live in a small house with affordable charges …

The fundamental interpersonal relation orientation test has been designed for having the assessment on short term basis and it will provide the result on short term basis. Moreover, this utensil has been developed by viewing the requirement to understand and predict the how increased performance of military team will work …

Case study is based on the contracts which are made between different parties for the provision of the product services. Peter is an individual who are providing the services of advertisement in media and deal in the magazine. In first contract, there are two parties, one is Peter and the …

Date Particulars l/f Debit $ Credit $ Jan 1 Cash account        To capital account   (business started with cash) A 5000   5000 Jan 2 Prepaid rent        To cash account   (Advance rent paid for 3 months)   A 36000   36000 Jan 3 Equipment account Interest account …

Enterprise software for manufacturing businessComputer based work is always appreciated in the manufacturing and trading concern as there are many benefits which are connected with manufacturing and trading concern. These systems are developed in the business to gain significant standards of the manufacturing business. Managers have to put their efforts …

Task 1 (Nautical charts and Pilot charts)Introduction of Nautical charts and pilot chartsNautical charts are used to graphically represent the sea area, distance between ports, sailing directions, celestial and adjacent coastal regions. As an officer, it is necessary to have adequate information about chart reading and understanding to overcome the …

Profit & Loss Accounts FARHA Ltd. OMR 000’s As of Dec. 31, 2017 SALWA Ltd. OMR 000’s As of Dec. 31, 2017 Turnover 18550 18300 Cost of goods sold 13300 13700 Gross profit 5250 4600 Other expenses 3470 2940 Operating profit 1780 1660 Interest payable 350 380 Profit before taxation …

The technology has made its considerable effects on every field of life. Almost all kind of businesses and professions have dramatically been changed by the essence of technology. The accounting and IFRS too have been affected by technology in so many ways. When accounting industry is analyzed in specific terms, …

Small liquid drop which is placed as the horizontal plate, as shown in below sketch. The liquid drops of spreading displace the neighboring gas, to achieve the configuration of equilibrium, by the contact angle  =  Ignore the gravity for small drop, the spreading’s is occurred by simultaneous process. Calculate the …