Cash Budget for Wailoa Ltd
For the 3 months July - August 2016
1 mark for proper/complete heading
JULY
Opening Cash at bank balance
Sales:
Cash
40% + 5% discount
[95% of 40% Sales]
Credit
60% of Sales
[50% in month after sales
& 50% in 2nd month after sa
AF101:
INTRODUCTION TO
ACCOUNTING AND
FINANCIAL
MANAGEMENT PART 1
Introduction and Assignments
Semester 2, 2016
School of Accounting and Finance
Faculty of Business and Economics
The University of the South Pacific
Produced by the University of the South
CHAPTER 6
ACCOUNTING FOR RETAILING
DISCUSSION QUESTIONS
SOLUTIONS
7. With the growing importance of computerised accounting systems, which inventory system
(perpetual or periodic) has become more popular? Explain why. Is this desirable. Why?
9. Having exa
CHAPTER 24
STATEMENT OF CASH FLOWS
6.
A student of accounting, after studying Illustrative Example A to AASB 107, was confused.
Long-term borrowings are correctly recognised as a financing activity of an entity, yet interest
paid is included in cash flow
Principles of Microeconomics I
Lekima Nalaukai
EC102
Semester I, 2017
Tutorial 10 Suggested Solutions
Part A: MULTIPLE CHOICES. Choose the one alternative that best completes the statement or
answers the question.
1.
In monopolistic competition, a firm ha
Principles of Microeconomics I
Lekima Nalaukai
EC102
Semester I, 2017
Chapter 9
Tutorial 12 Suggested Solutions
Part A: MULTIPLE CHOICES. Choose the one alternative that best completes the statement or
answers the question.
1. A private cost is a cost of
Principles of Microeconomics I
Lekima Nalaukai
EC102
Semester I, 2017
Tutorial 9 Suggested Solutions
Chapter 10
Part A: MULTIPLE CHOICES. Choose the one alternative that best completes the statement or
answers the question.
1) The unregulated, single-pric
Principles of Microeconomics I
Lekima Nalaukai
Tutorial 13 Suggested Solutions
Chapter 8
EC102
Semester I, 2017
Part A: MULTIPLE CHOICES. Choose the one alternative that best completes the statement or
answers the question.
1) Which of the following is th
Principles of Microeconomics I
Lekima Nalaukai
EC102
Semester I, 2017
Tutorial 14 Questions
Chapter 11
Part A: MULTIPLE CHOICES. Choose the one alternative that best completes the statement or
answers the question.
1. Discrimination by customers creates a
Principles of Microeconomics I
Lekima Nalaukai
Tutorial 11 Suggested Solutions
EC102
Semester I, 2017
Part A: MULTIPLE CHOICES. Choose the one alternative that best completes the statement or
answers the question.
1. Because of the income effect, the labo
CHAPTER 20
NON-CURRENT ASSETS: ACQUISITION AND DEPRECIATION
2.
7.
9.
According to IAS 16/AASB 116, an item of property, plant and equipment that qualifies for
recognition must be recorded at cost, representing the fair value of any assets given up in orde
Tutorial 11 Regression revision questions
Task 1: see solution of Tutorial 101 and clarify if you have any doubts.
Task 2 : Regression question from Final Exam Semester 1,2015.
Question 4 Simple Linear Regressions [20 Marks]
The following regression outpu
FACULTY OF BUSINESS
AND ECONOMICS
School of Accounting and Finance
The School Office is located in Room FBE-IS034 [Telephone 323-2517]
It opens from 8:00am to 4:30pm on Monday to Thursday and 8:00am to 4:00pm on Friday
AF101: Introduction to Accounting an