Accounting

Given the information below, prepare the journal entry in SAR currency for each of the transactions.

Principles of Accounting Assignment Question(s):   (Marks 15) Question 1: (5 Marks) Sarah owns a boutique that sells women’s clothing and accessories. She keeps track of her business transactions using a journal. On March 1, Sarah invested SAR 10,000 cash in her business to start operations. Prepare the journal entry. On March 5, Sarah purchased […]

Choose a listed company of your choice from Muscat Stock Exchange. Then write a report of 1000 to 1200 words excluding the cover page and the reference pages.

AUDIT AND ASSURANCE. (Oman Arab bank) Select a listed company of your choice from Muscat Stock Exchange. THE COMPANY NAME (Oman Arab bank) Download the corporate governance report, annual report, company news and other data (relating to the year 2021) that you require for preparing this report. Write a report of 1000 to 1200 words […]

Prepare the statement of cash flows of Company A for the year ended December 31, 2021, using the direct method.

Cash Flow Statement Background and Directions The comparative balance sheets (2021, 2020) and the income statement (2021) for Company A are shown in the spreadsheet. Use this assignment’s Excel template for completing these tasks. Information for each task is given on the template in the Instructions tab. Use the correct Excel formulas in the cells […]

How many shares of common stock are outstanding? If dividends of $72,000 were in arrears on preferred stock, what would be the balance reported for retained earnings?

MAISTYLE CORPORATION Balance Sheet (partial) Stockholders’ equity   Paid-in capital   Preferred stock, cumulative, 10,000 shares authorized, 6,000 shares issued and outstanding $900,000 Common stock, no par; 750,000 shares authorized, 600,000 shares issued 1,800,000 Total paid-in capital 2,700,000 Retained earnings 1,158,000 Total paid-in capital and retained earnings 3,858,000 Less: Treasury stock (8,000 common shares) (32,000) […]

Choose three companies. Write a brief description of each of the companies in your portfolio. Briefly explain the reasons for choosing the companies as your portfolio of investment.

ANALYSIS OF PERFORMANCE Choose THREE companies to form a portfolio of The companies can be diversified across different industries or from a single industry. Before making any selection, based from the fundamental information that you gathered from the search (for example the companies’ earnings, stock price historical performance, dividends, earnings per share (EPS), beta etc) […]

Using the details below, provide interest on loan on mortgage 8% p.a. for 6 months. Then present a statement of Financial Position as at 31st March 2022.

Assignment 2: Financial Statement On 31st March, 2022 the following Trial Balance was extracted from the books of Mr. Ben. Debit Balances Rs Credit Balances Rs. Sundry Debtors 20,100 Capital 28,000 Drawings   3,000 Loan on Mortgage   9,500 Bills receivables   6,882 Rent received   250 Interest on Loan 300 Bill Payable 2,614 Cash […]

Discuss the similarities and differences between the American Opportunity and Lifetime Learning credits.

Taxes Assignment Question The exam consists of ten questions. Each question is worth fifteen points. Show all work on your answer sheets and record your name on your test and all answer sheets. Mr. Smith (age 52) is a single individual with adjusted gross income of $122,000 in 2022. Mr. Smith does not itemize. Included […]

As the accountant for this split-interest trust would it be important for you to read the trust document? Why? Do you have to do any research to perform your task properly?

14th Ethics HW Answer the following questions in 4 sentences max. While acting as a fiduciary, you recommended that your client buy a particular brand of refueling sta- tion to charge her new, electricity- powered car. You told your client that she would be able to save 70% of the purchase price of the home […]

Based on a given firm from Gas, Water & Utilities industries, then briefly discuss one major market risk the firm exposed to.

Market Risk & Hedging Strategy Effectiveness Based on a given firm from Gas, Water & Utilities industries, briefly discuss one (1) major market risk the firm exposed to and evaluate the effectiveness of the hedging strategy on the firm’s performance over the recent years (2019 to 2022).

Prepare an accounts receivable aging schedule given a small set of customer data. Implement two tools that are often used in business spreadsheets: vlookup function and pivot tables.

Accounting Vlookup and Pivot Table Prepare an accounts receivable aging schedule given a small set of customer data. Implement two tools that are often used in business spreadsheets: vlookup function and pivot tables.

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