Financial reporting

Hi

Company B is 100% owned by Company A. Company A wants extract one of the freehold properties (which is mortgaged and has a tenant) from Company B.

2


     HI

 

    Can any one please explain the effect of fail transactions on closing balance and profit/loss of a trading account. Thanks in advance.

1

When the company was set up, the directors transferred £5000 to the company.

6

I need to be able to run a report from SAGE 50 which will show me my top three customers over the financial year. Does anyone know which report would be most suitable? Thanks!

2


We have offered to pay an employee's study fees which includes VAT and he is to repay us the full amount in instalments.

4

In general we post our sales and purchases to our accounting system using the monthly rates published by HMRC at the following link - 

2

I have a client who bought a franchise business for £20k plus VAT.

1

Hi all

I have had a quick look via google but cannot find any confirmation.....

4

As per accounting guidelines an asset is to be capitalise from the day it starts generating the revenue.

3

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