PETES PANCAKES LTD
A. Prepare the bank reconciliation statement at 30 June, 2010 disclosing the closing
balance of cash at bank.
B. Assume the same data as above, but assume further that the closing balance of t
Capital budgeting evaluations
TROOPER MANUFACTURING LTD
A. Calculate the payback period for each investment.
B. Calculate the net present value for each investment.
C. Determine the net present value index for each investment.
Week 3 - Budgeting for planning and control
Tutorial Question: Exercise 12.1 & 12.14
Homework: Problem 12.2 & 12.4
INCOME BUDGET FOR A LAW FIRM
Mason, Mason and Mason IR are three generations of the one family
involved in providing indus
1. Which of these statements is not correct?
An expense is the consumption or loss of resources that will result in a decrease in equity
A cost that provides future economic benefits is treated as an asset
To accountants the terms cost
Information about the cash position for Cavanaghs Charter Tours Pty
Ltd for the month of June is presented below:
1. The general ledger Cash at Bank account had a balance of $6300 on
2. The cash receipts journal sh
Elimination of a department
What would the effect be on the stores overall profits of closing down Department B?
Less: Avoidable expenses
Department Z cont
'-ExerciSe1-3.1D' ELIMINATION OF A DEPARTMENT
Dale’s Emporium operates with three departments. The owner—manager wants to close Department B
because it continually shows a loss. During the past year ending 30 June 2013, the departmental