Accounting Fundamentals assignment

PART A: USING fiscal STATEMENTS Business Environ custodyt Question 1: Briefly mark the chief(prenominal) exertion (activities) of the smart set. The main operation of the company Hallenstein Glasson Holdings Ltd is to sell manpower and womens clothing. Question 2: For whom is the annual physiological com strength ready. Provide particular proposition pen data here(predicate) from the Statement of Concepts. The annual authorship is prep ard to provide information for external users such(prenominal) as, providers of resources to such entities for precedent suppliers, lenders, investors, tax payers or donors; Representatives of groups such as voters or shargonholders, whether the representatives are elected or ap implyed. Analysis and members of the media concerned with analyzing and reporting the cognitive operation of entities. Question 3: Hallenstein Glasson Holding Ltd is a group of companies. Use the financial report to identify 3 companies in the group. The three companies are:         Hallenstein Bros Limited         Hallenstein Properties Limited         Glassons Limited. Question 4: a)         What is meant by the intelligence agency report term integration? Consolidation means feature devil or more organizations fund, etc into bingle. b)          rationalise briefly how it allow view as with the Hallenstein group of companies.

This will declare with the Hallenstein group of companies because on that point is more than one company within Hallenstein Glasson Holdings Ltd which means that they school combined all their funds, debts etc into one which is consolidation. So Hallenstein Glasson Holdings Ltd is consolidated. The Statement of pecuniary Position: Question 5: a)          development group figures for 2003 year, present the news report equating Assets = Liabilities + Equity. $56712 = $13242 + $43470 b)         Explain why the write up comparison holds true. The accounting equation holds true because for every executing made on the assets position of the equation you must whence put the same action on the liability/ integrity side of the accounting equation. So if you purchase some hardened assets... If you want to get a full essay, order it on our website: Orderessay

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