[arushi79]

Business case is a summary of why project is needed, what it will achieve and how it will proceed.

whereas PID or project charter complements business case. It acts as base document through which progress of project can be assessed.

[arushi79]

Double entry of intra group trading with Associate( if associate is seller) is CR (dr) n stock (Cr) . Here parent is buyer so closing stock should increase but y we crediting stock?

[arushi79]

Howard a ltd liability comp, provides the following extracts from the SOFP for the yrs ended 31 dec:
2006 2007
Accumulated profits 72000 820000
10% loan notes 30000 400000
tax payable 12000 15000
dividend payable 1200 1600

(all declared & proposed before yr end)

no adjustment for under/over provision for tax in yr ended 31 dec 2007. No interim dividends were paid during yr. The additional 10% loan notes were issued on 1 jan 2007. What is the operating proft(profit befor interest & tax) for the yr ended 31 dec 2007?

Plz help me i cant understand this question.

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