04:1794%e Tutorial 12.pdfTutorial 12Submission date: 1 February 2021 before 12.00pm1. The statement of financial position of Fateh Enterprise, a sole trader, for twosuccessive years are shown below.Statement of Financial Position as 31 December20192020RMRMRMRMNon Current AssetLand and premises (cost RM52,000)Plant and machinery:(Cost RM19,000)(Cost RM25,000)44,00040,00014,25019,60059,60058,250Current AssetInventoryTrade account receivable6,60017,8006,30012,6007,100Bank24.40082,65026.00085,600FINANCED BY :Capital account:Balance at 1 JanuaryAdd: Net Profit for the year42,00018,00047,00022,00060,000(13,000)47,00069,000(15,000)54,000Less:DrawingCurrent LiabilitiesTrade account payable22,00013,65011,600Bank overdraft35,65011,600Non Current LiabilitiesLoan(repayable December 2022)20.00085,60082,650Required:Prepare statement offor Fateh Enterprise foryear ended 31 December2020.Prepared by: Puan Siti Nor Junita Mohd Radzi2. The following Statement of Financial Position was extracted from the books ofGagah Perkasa Sdn Bhd at 31 December 2018 and 2019.Gagah Perkasa Sdn BhdStatement of Financial Position as at 31 December20182019RMRMRMRMNon-current AssetsBuildingsFixtures less DepreciationVan less Depreciation50,0001,8003,92055,72050,0002,0007,40059,400

Cash flow refers to the net amount of cash and cash-equivalents being inflow and outflow in a…

Answered: Tutorial 12 Submission date: 1 February…

Business

Accounting

Tutorial 12 Submission date: 1 February 2021 before 12.00pm

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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K M Question 3-Week Five Home X ework i cation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/a 1 Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completi Lauprechta Incorporated has the following employees on payroll. Assume that all the employees has only one job or that step 2 of Form W-4 is not checked and all dependents are under the age of 17. Also, the employer uses the Percentage Method Tables for Manual Payroll Systems with Forms W-4 from 2020 or Later. Use percentage method tables for a manual payroll systems. & Naila Wilfred Byron Annie 10 A Q Employee Naila Wilfred Byron Annie 2 Semimonthly Payroll $ 6,140 $ 5,440 $4,040 $ 4,430 é Required: Complete the table for taxes to be withheld for each pay period. Note: Round your intermediate computations and final answers to 2 decimal places. F2 * N S $ Federal Withholding Tax 3 Answered:…
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PDF 3 28°C Rain TUTORIAL QUESTION 4.pdf X + C Ⓒ File | C:/Users/acer/Documents/UNIVERSITI%20MALAYSIA%20SABAH/SEMESTER%204%20COURSE/BP22603%20FAR%2011/CHAP... Q Q + (0) CD Page view A Read aloud | Add textDraw Highlight Erase Q QUESTION 6 On 1.1.2017, MEERA Bhd grants to an employee the right to choose either 12,000 shares or cash payment equal to the value of 10,000 shares (phantom shares). The grant conditional upon the employee remaining in the company's employ for three years. If the employee chooses the share alternative, the shares must be held for three years after vesting date. At grant date, the company's share price is RM5.00. At the end of year 2017, 2018 and 2019, the share price is RM5.20, RM5.60 and RM6.20, respectively. After taking into account the post-vesting transfer restrictions, the grant date fair value of the share alternative is RM4.90. MEERA shares have a nominal value of RM1 each. Required: a) Compute the amounts of expense and the related liability and equity…
ccounting | Spring 2023 uiz Course Home - kar X K Chapter 9 Quiz OA. $18,200 OB. $18,800 OC. $17,500 O D. $20,300 mylab.pearson.com Question 5 of 10 X G At year-end, Snow 0 4 kara harper 04/09/23 10:36 AM This quiz: 10 point(s) possible This question: 1 point(s) possible ? Submit quiz Buddy Company uses the allowance method to account for uncollectible receivables. At the beginning of the year, Allowance for Bad Debts had a credit balance of $800. During the year Buddy wrote off uncollectible receivables of $2,100. Buddy recorded Bad Debts Expense of $2,800. Buddy's year-end balance in Allowance for Bad Debts is $1,500. Buddy's ending balance of Accounts Receivable is $20,300. Compute the net realizable value of Accounts Receivable at year-end.
A Tutorial 12 A Notes b Answered: 2. The following State X A classroom.google.com/u/0/c/MT9XODY10TAZNZY4/a/MjYwOTgyOTk4Mjl2/details E Apps Gagah Perkasa Sdn Bhd at 31 December 2018 and 2019. = BFT106 POA 22A SEM 1 2020/ Gagah Perkasa Sdn Bhd Statement of Financial Position as at 31 December E Tutorial 2018 RM RM 2019 RM RM Non-current Assets Buildings Fixtures less Depreciation Van less Depreciation Assigned SHAFAWATY MOH 50,000 50,000 2,000 7,400 59,400 d or create 1,800 3,920 3 points 55.720 cas Done Hand-in your Tutor Current Assets Inventory Trade accounts receivables Bank 12,400 8,200 5,600 6,400 Assignment must Please be remind person's work as y detected, marks w 900 Cash 220 200 13,120 68,840 20,800 80,200 TOTAL ASSETS Thank you. Financed by : Capital account : Balance as at 1 January Add : Net Profit Cash introduced 37,040 35,200 52.540 21,160 10.000 83,700 (21.600) 72.240 Less : Drawings (19.700) Class comments 52,540 62,100 Non-current Liabilities Loan (repayable in 10…
Cengage Le Ebooks-Cen TABLE 12-1 F Ch. 12 Quiz 12-table-2p 12-table-1.p x MindTap-C x 12-table-2p New Tab ☆ webassign.net/web/Student/Assignment-Responses/submit/dep-34185538&tags=autosave#Q8 O $886.89 O $1,672.70 Need Help? Read It Submit Answer 13. [-/3 Points] DETAILS MY NOTES BRECMBC9 12.11.014. Use Table 12-2 to solve. ASK YOUR TEACHER PRACTICE ANOTHER Ron Sample is the grand prize winner in a college tuition essay contest awarded through a local organization's scholarship fund. The winner receives $3,000 at the beginning of each year for the next 3 years. How much (in $) should be invested at 8% interest compounded annually to award the prize? (Round your answer to the nearest cent.) Enter a number Need Help? Read It Viewing Saved Work Bevert to Last Response Submit Answer 14. [3/3 Points] DETAILS MY NOTES BRECMBC9 12.III.002. PREVIOUS ANSWERS ASK YOUR TEACHER PRACTICE ANOTHER For the sinking fund, use Table 12-1 to calculate the amount (in $) of the periodic payments needed to…
P MindTap HW 1 - Spring 2021 - Fi X * MindTap - Cengage Learning b Answered: Harper Industries has 8 https://ng.cengage.com/static/nb/ui/evo/index.html?deploymentld=590512258542108435051542&EISBN=9780357114582&snapshotld=220... Chelsea v CENGAGE MINDTAP Q Search this course A My Home HW 1 Courses Back to Assignment O Catalog and Study Tools Attempts: Average: / 1 8. Problem 3.06 (MVA) A- Partner Offers EE Rental Options eBook College Success Tips Over the years, Masterson Corporation's stockholders have provided $35,000,000 of capital when they purchased new issues of stock and allowed management to retain some of the firm's earnings. The firm now has 2,100,000 shares of common stock outstanding, and the shares sell at a price of $30 per share. How much value has Masterson's management added to stockholder Career Success Tips wealth over the years, that is, what is Masterson's MVA? Round your answer to the nearest dollar, if necessary. $ You are eligible for a FREE 7- day trial of…
ent Question 6 QUIZ CH 18-C X Project 6 x + ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fbb.tulsacc.edu%252Fw... JIZ-CH 18 Saved CO 6 Fints eBook References Exercises 18-41 (Algo) Allocation of Central Costs; Profit Centers [LO 18-3] Woodland Hotels Incorporated operates four resorts in the heavily wooded areas of northern California. The resorts are named after the predominant trees at the resort: Pine Valley, Oak Glen, Mimosa, and Birch Glen. Woodland allocates its central office costs to each of the four resorts according to the annual revenue the resort generates. For the current year, the central office costs (000s omitted) were as follows: Front office personnel (desk, clerks, etc.) Administrative and executive salaries Interest on resort purchase Advertising Housekeeping Depreciation on reservations computer Room maintenance Carpet-cleaning contract Contract to repaint rooms $ 12,100 5,700 4,700 600 3,700 80 1,210 50 570 Mc…
12:52 S ㅁ expert.chegg.com/qna/au Chegg Hide student question Student question LTE Skip Exit + 32 5G Classify the following balance sheet items under fixed assets, working capital, shareholders' equity, or net debt: overdraft, retained earnings, brands, taxes payable, finished goods inventories, bonds. Time Left: 01:59:57 Submit ||| 8 Training