ACY1111 Figures v1

ACY1111 Figures v1 - ACY1111 Figures Part C 2005 Dec 31...

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ACY1111 Figures 07-08 Problem 1 (A) Adjusted balance as per bank 22071.5 Understatement of a credit to cash 10 Problem 2 (b)(i) Bad Debt Expense 22000 (ii) Balance 23000 (c)(i) Bad Debt Expense 20000 (ii) Balance 21000 Problem 3 Part A 2004 Jan 1 Equipment 12800 Dec 31 Depreciation Expense 2700 2006 Jul 1 Depreciation Expense 2040 Equipment 2760 Loss on Disposal 2120 Dec 31 Depreciation Expense 1875 Equipment Balance = 18000 Part B 2004 Dec 31 Depreciation Expense 29700 2005 Nov 1 Depreciation Expense 17100 Gain on Disposal 800 Truck Balance = 0 Chan Man Kit Page 1 //home/vdimitrov/19309/295826a27215cd4328aab3c41f2b6957c1423bf4.docx
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Unformatted text preview: ACY1111 Figures Part C 2005 Dec 31 Depreciation Expense 19000 2006 Dec 31 Depreciation Expense 16500 Gain on Disposal 4500 Machinery Balance = 160000 Problem 4 (b)(i) 5060000 (ii) 15180000 (iii) 2660000 (iv) 1900000 Problem 5 (a)(1) 0.60 (2) 0.03 (3) 35.62 (4) 2.31 (5) 0.94 (6) 0.06 (b) Liquidity & Solvency Great Value Crystal Department Profitability (c) Great Value Chan Man Kit Page 2 //home/vdimitrov/19309/295826a27215cd4328aab3c41f2b6957c1423bf4.docx...
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ACY1111 Figures v1 - ACY1111 Figures Part C 2005 Dec 31...

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