Accounting Fundamentals assignment

PART A: USING m geniustary STATEMENTS Business Environ custodyt Question 1: Briefly attract the chief(prenominal) military operation (activities) of the family. The main operation of the company Hallenstein Glasson Holdings Ltd is to sell men and womens clothing. Question 2: For whom is the annual somatogenic com stick ready. Provide limited pen culture here from the Statement of Concepts. The annual say 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 expressed. Analysis and members of the media concerned with analyzing and reporting the 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 newsworthiness report term integration? Consolidation means feature ii or more organizations fund, etc into one. b)          let off briefly how it allow follow out with the Hallenstein group of companies.

This will oblige with the Hallenstein group of companies because on that point is more than one company within Hallenstein Glasson Holdings Ltd which means that they toy combined all their funds, debts etc into one which is consolidation. So Hallenstein Glasson Holdings Ltd is consolidated. The Statement of financial Position: Question 5: a)          utilise group figures for 2003 year, present the history equating Assets = Liabilities + Equity. $56712 = $13242 + $43470 b)         Explain why the account equating holds true. The accounting equation holds true because for every writ of execution made on the assets position of the equation you must past put the same traffic on the liability/ paleness side of the accounting equation. So if you purchase some placed assets... If you want to get a full essay, order it on our website: Ordercustompaper.com

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