Qualification > Commerce
Accounting help ???
ShiningStar:
Can anyone please help ???
Specimen 2010 Question 6.c), from where did 57200 come??
Isn't the Capital Employed= Loan + Share Capital & Reserves
Thanks in Advance :)
~ Miss Relina ~:
--- Quote from: Dasith on June 05, 2011, 03:11:15 pm ---ok its like this:
we hav to pay 100000 x 10 /100 i.e 10000 dividents in $ for pref share holders yea?
& we are told that @ start of year 0.05 per share is paid(i.e interim -kind of prepayment )
i.e total payment was 0.05 x 100 000 shares = $ 5000 rite?
so if we need to pay a total of 10000 dividents &
we already paid 5000 out of that
wats the remaining to be paid as final ??
10000 -5000 =5000 yea ?
did u get it ?
--- End quote ---
yaaaaaaaaaaay Thanks now i got it Thanks very much dear :D
~ Miss Relina ~:
--- Quote from: ShiningStar on June 05, 2011, 03:28:54 pm ---Can anyone please help ???
Specimen 2010 Question 6.c), from where did 57200 come??
Isn't the Capital Employed= Loan + Share Capital & Reserves
Thanks in Advance :)
--- End quote ---
well u will find in trialbalance the retained profit 47 200 +issued share capital 10 000= 57200
hope ihelped
Dasith:
--- Quote from: Relina on June 05, 2011, 03:39:50 pm --- yaaaaaaaaaaay Thanks now i got it Thanks very much dear :D
--- End quote ---
no prob :D ;)
Dasith:
--- Quote from: ShiningStar on June 05, 2011, 03:28:54 pm ---Can anyone please help ???
Specimen 2010 Question 6.c), from where did 57200 come??
Isn't the Capital Employed= Loan + Share Capital & Reserves
Thanks in Advance :)
--- End quote ---
dude i think u didnt read the question properly in thsi
they ask return on OPENING CAPITAL , i.e capital @ 2009 , so yea capital @ 2009 was 10000
& the only reserve was retained profit i.e 47 200 as posted by relina :D
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