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Financial reporting

If a person hires out cars to accidents -- as a courtesy car would the cars he buys be treated as cost of sales?

4

Hi,

 

Would appreciate some help with this issue, please.

 

Parent company 'P Ltd' has acquired 100% of subsidiary 'S Ltd' during the year ended Dec 2013.

6

Hi all

 

I am going to give you all the facts before I ask the question..

 

My husband works for a haulage company (XYZ) as a permanent employee.

4

Hi

I transferred one of my client's partnership business into a company in 2013 and now i am in the process of finalising company' first annual accounts.

2

I don’t expect many will be able to answer this, but if people can contribute any input to any sub-problem, I will be happy.

5


A business has purchased another company (both are limited companies). It paid £550,000 for the new subsidiary, with net asset value of £475,000 so goodwill of £75,000.

1

Hello,

Please can I have some help with a Debit/Credit issue?

 

8

I have a new client who wishes to use Work in Progress for software development work the company has undertaken.

2

We have a new client start up who is approaching VAT threshold in next few weeks. The client runs a shop selling groceries and alcohol. This is our first shop client.

2

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