15 Which of the following statements about intangible assets are correct?14 Alpha buys goods from Beta. At 30 June 2005 Beta’s account in Alpha’s records showed $5,700 owing to Beta.Is the following s
In 2014 Mr Yuan inherited an estate of RMB2 million from his uncle who had died two months earlier.11 Which of the following statements are correct?10 What would the company’s profit become after the
Is the following statement true or false?15 What journal entry is required to record goods taken from inventory by the owner of a business?10 Which of the following costs should be included in valuing
C Co uses material B, which has a current market price of $0·80 per kg. In a linear program, where the objective is to maximise profit, the shadow price of material B is $2 per kg. The following state
24 What figure should appear in the consolidated balance sheet of the J group as at 31 December 2004 for minority15 Which of the following statements about intangible assets are correct?Hindberg is a
Is the following statement true or false?19 At 30 June 2004 a company’s allowance for receivables was $39,000. At 30 June 2005 trade receivables totalled $517,000. It was decided to write off debts to
A company predicted that the learning rate for production of a new product would be 80%. The actual learning rate was 75%. The following possible reasons were stated for this:14 Alpha buys goods from
