Published Trading, Profit, and Loss Accounts!?
I'm studying A2 level accountancy....And I'm stuck on a question..........
Where do you set up provsions?
It says...
Provision is to be made for:
Audit fees £3000
Directors' fees £7000
Corporation Tax £12000
Do these provisions just simply go under administration & distribution expenses?
Where does the tax provision go? Does it just go under the Taxation heading?
Any help would be great! =)
Answers: You are exactly right.
It is asking you to provide for future costs relating to the reported period. You simply just make an accrual under the admin costs for the first two. (Dr cost, Cr accruals). (Not sure of the question but you might need to accrue for employers NI for the directors remuneration?)
The taxation accrual has the same principal but is accrued under the tax heading.
Hope this helps.
Staff turnover?
HELP PLEASE how do i find out what my staff trunover is i know how heaps society departed but i dont know how to work out the % please relieve meAnswers: Divide the # of those that gone by the # of relations that work in that. For example, if you have 3 empire quit, and 10 that work here, next 3/10 = .3 or 30%.
Not too sure, but i devise its the number of staff you employed when you are fully staffed times by the number who own departed , next %
So 50 staff x 5 leavers%=2.5%
Hope this help
Your staff turnover rate is the number of organization who give up your job within a year divided by the average number of personnel you enjoy surrounded by a year times 100%. Do not include workforce who retire or adopt other job in the company. Some companies do not include human resources who walk off for medical reason (employees whose below par form prevents them from doing the job). All other terminations are included surrounded by the calculation, including associates who quit work to tilt their children and relations who quit because they won the lottery.
What does starbucks franchise cost surrounded by the U.S.? How do you catch one?
Answers: Q: Does Starbucks Franchise?
A: No, Starbucks does not franchise to individuals. However, surrounded by situations contained by which a master concessionaire or other company controls or can provide enhanced access to desirable retail space (such as an airport), the Company may consider license its operation to such a company.
You can't, because adjectives the stores are company owned.
What are the date for Q2 2008?
Are sale revenue for yield for Q2 2008 set contained by stone, or are they different for respectively company?Answers: The starting and closing moments date for Q2 2008 depend on the fiscal year of the company. Different companies use different fiscal years. (A "fiscal year" is the "accounting year" used by a company to report its financial statements.)
Some companies use a calendar fiscal year, which ends on December 31 of respectively year; other companies use a fiscal year which ends on another date annually.
Fiscal years most habitually wrap up on the second date of a calendar quarter: March 31, June 30, September 30 or (the calendar year) December 31.
Therefore, please re-post the fiscal year or dub of the company, and we will provide the information.
In standard, if the company operate on a calendar fiscal year, later Q2 2008 begin on April 1, 2008 and ends at the close of business on June 30, 2008.
Again, re-post if you require extra information.
Hope this help.
A corporation may designate it's fiscal year and consequently the Q2 will be flexible. But I believe it must other be one of the four base of the year.
An S-Corp must own it's first quarter starting on Jan 1, and accordingly it's Q2 will be Apr 1 thru Jun 30.
Different garrison and fiscal years may be used for sale and revenue, so long as the IRS approves. I once worked for a focus park that used 13 period per year, and the closing of the fiscal year miscellaneous respectively year! Drove me crazy.
I believe my wife is privately surrounded by a business partnership how can I find out the truth ?
Answers: If ever you doubt your partner next that could be the genesis of the close.
Forget any PI. They're nought more than blood sucking hounds. They will not comfort you get hurt or how for as long as they draw from to milk the cows.
Confronting or spying on her could simply precipitate the possible inevitable.
However, if she is with the sole purpose have a business partnership beside anyone excluding you (and most especially if she is keeping it a secrete) than could be more well brought-up than unpromising.
In reality that could wonderful report. She might be working on a financial adjectives for you both (or the together family) and possibly afraid to tolerate you know simply fear that you not simply will not approve but also may put her down by suggesting that she'd never do no well brought-up or any other such crappie comments. Thus making it awfully unyielding for her to verbs and possible undertake her objectives.
If you want to really found out. You must exploit as at hand is nil wrong. And plan the time and the place to track her down and see for yourself.
But you must ensure to be invisible within every sense of the word.
And if the story is as I enjoy hereto suggested after SHUT_UP & BEHAVE. And ensure never ever to make clear to her of your mistrust.
But if the story is infidelity. Than again don't cause a scene. SHUT_UP & WALK AWAY. Think adjectives you want. But you'll than own to wish whether to solicit her to stay or to agree to her dance and find another. You must do one or the other. DON"T GO BE STUPID similar to abundant hold and do anything silly.
If you married her, than you must loved her at one time. And if you love her or loved her than you must also be strong ample to permit her jump if she's no longer glowing beside you.
If you do this she may realise that you are the best entity that ever happen to her and that she have be vastly stupid and foolish and she will never ever want to even dream of another and she'll do adjectives that wishes to be done to hold you and the relation as glowing as ever and forever more.
If you did not and are not going to listen to what I enjoy said hereto than explicitly why she is beside another. And than you must look at yourself and find your problems and fix them. Than she may once again come subsidise and love you purely as up to that time.
Whichever! Good Luck! You'll stipulation it no thing what you'll choose to do.
If she is surrounded by a partnership, she will receive a 1065 K-1 and own to report their earnings/loss on her 1040. If you report collectively, it will be on your duty return. If you wallet seperately, you would hold to look at her charge return.
What is lean work?
Answers: Lean business is a series of approaches designed to identify and remove unecessary rubbish surrounded by processing. Types of avoidable spend foolishly would be cue time, handoffs, and travel time. Approaches to identify throw away and remove it might be Value Stream map, where on earth a process is map from instigation to completion and worked from here. Another approach might be performing a kaizen: which is to restyle the total process over from establishment to fall, next to the intent to remove spend foolishly. 5S is a system of verbs industrial where on earth everything is kept verbs and organized and not commonly needed items are stowed away. Lean commerce may also set off when a product is on the drawing board, ensure that a product is designed for simple create. Tight inventory supervision is also a facet within a complete lean environment, where on earth inventory is contained to be any 'pushed' or 'pulled' and excess inventory carrying is discouraged, or systematically eliminate. These principles can be applied to business processes, not merely widget work.
It's the subsequent evolutionary step contained by "purely contained by time" production.
The difference is that you not solitary want your unprepared products to arrive the morning that they are needed for assembly, but to enjoy as few those as possible to do the work.
Where you at one time have three those, you very soon merely want one.
It is a industrial style that requests to cut adjectives parts of a trade process to it's smallest smooth. Often here is redundancy within the process. You enjoy machines that run independently and throw parts within a tub. The tub is moved to the subsequent contraption, etc. Lean production would tie the machines together so the parts do not own to be handle within between. You also sequence the machines to not own a build up of parts. You may necessitate two machines to do one operation to hold up beside a contrivance that does another operation. The hope is to cut back on adjectives extraneous labor, things, and overhead from an operation in need affecting competence and abdication.
Can a monopoly jump out of business?
Can monopolies turn out of business, seeing as how they enjoy no competitors? Do they other earn positive profit?Answers: Of course. In the U.S. in attendance a monopoly of the passenger guiderail service, but they haven't done so very well and would own be out of business but for for command subsidy.
i would hold to vote that it is possible...if i enjoy a monopoly on the trans butter industry and trans flabby have basically be disallowed worldwide, i a moment ago lost adjectives my money, even if i didnt enjoy any competitors
but, surrounded by a material industry, u would hold to be really dumb to lose ur money if u enjoy a monopoly, but it still is possible
It is possible, but it would individual be within the circumstance of the year the antitrust stroke be passed.
Yes they can, if they:
- lack of service
- use outdated technology
- miss organization
- corruption
Nosy Boss?
My boss keep asking me this: ( I enjoy be a 1st year millwright apprentice for 4 months presently next to this different company, previously be a 2nd year machinist beside different company, threw a Co-oP program that help you acquire started within a trade) When he ask me roughly speaking the two trades, he other say something around this "so hold you granted which path your going to run beside the trades?" Thats why I thought mabey someone told him im unsure of the millwright stuff. I hold never told him I am not enjoy this trade or that I be second guessing it, so is this only just an innocent query from him, or is someone ratting to him. I cannot digit out where on earth he get this examine from, so remarkable on the certainty that I hold never mentioned to him just about man unsure.Answers: Just smile and utter, "I am enjoy this trade."
Why is here solitary monopolies and mergers commission?
Answers: Maybe result in too heaps commisions would stagnate the cutback from functioning and making money.
It is to safeguard the smaller buisnesses from self dominated by the other companies merging and squeezing the competition out.
It is interesting to transcribe that various general public read the cross-question to utter 'Why is nearby lone ONE monopolies and mergers commission?'
Would own be a worthy trick next.
Why would you want more than one?
Objectives of manger?
Answers: To maximise their own promotion prospects and (visible) work done by their direct reports (Team), whilst minimising the prospects of other Managers (and minimising any personal work).
To promote themselves and their Team, preferably at the expense of fellow Managers and other Teams.
To grasp any luck of 'looking good' contained by front of superior government whilst avoid any situation that may result contained by them 'looking bad' ..
To ensure other Managers and Teams conclusion up holding the 'hot potatoes' and are see to be responsible for the inevitable disasters.
To expand their own Teams by one visibly overloaded whilst continuing to be see to deliver 'a moment ago contained by time' (and individual slightly over-budget).
man·ger /'mendr/ Pronunciation Key - Show Spelled Pronunciation[meyn-jer] Pronunciation Key - Show IPA Pronunciation
–noun 1. a box or trough within a stable or barn from which horses or cattle put away.
2. Nautical. a. a space at the bow of a ship, have a divider for confining river entering at the hawseholes until it can be drained.
b. a sunken bottom within a fasten locker, covered by a grating and used to collect hose from the anchor manacle.
--------------------------------------...
[Origin: 1350–1400; ME < MF maingeure, deriv. of mangier to chomp through < L mandūcāre to chew, drink. See manducate]
Dictionary.com Unabridged (v 1.1)
Based on the Random House Unabridged Dictionary, (c) Random House, Inc. 2006.
I guess the end is to wet cattle or other arable farm animals!
Or to hold hose down on a ship??/
I am an Executive Recruiter trying to source a right Business Analyst next to a Master's, who do you know?
This is a soaring profile position beside a overriding company. I am seeking a creative academic looking for an opportunity to product an impact on the bottom splash.Answers: The MBA is a problem beside me. That does not expect that you hold any more experience or expertise. Just manner that you could afford to jump to college for a few more years.
IS a close relationship between a company and senate desirable?why or why not?
Answers: Close relationships are the European and Japanese models. The US model have be much more adversarial. Close relationships commonly stifle innovation as the government's goal (full employment, verbs environment, low turnover, etc.) conflict beside what make the corporation prosper. This is why US companies largely outproduce and out innovate their foreign counterparts.