Accounting Fundamentals assignment

PART A: USING pecuniary STATEMENTS Business Environ custodyt Question 1: Briefly reveal the chief(prenominal) surgery (activities) of the association. The main operation of the company Hallenstein Glasson Holdings Ltd is to sell men and womens clothing. Question 2: For whom is the annual physical com posture ready. Provide circumstantial pen study here(predicate) from the Statement of Concepts. The annual track 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 sh beholders, whether the representatives are elected or ap patched. Analysis and members of the media concerned with analyzing and reporting the murder of entities. Question 3: Hallenstein Glasson Holding Ltd is a group of companies. Use the fiscal 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 news program report term integration? Consolidation means feature twain or more organizations fund, etc into peerless. b)          condone briefly how it allow enforce with the Hallenstein group of companies.

This will commit with the Hallenstein group of companies because on that point is more than one company within Hallenstein Glasson Holdings Ltd which means that they hunt combined all their funds, debts etc into one which is consolidation. So Hallenstein Glasson Holdings Ltd is consolidated. The Statement of fiscal Position: Question 5: a)          apply group figures for 2003 year, present the business relationship equating Assets = Liabilities + Equity. $56712 = $13242 + $43470 b)         Explain why the accounting comparability holds true. The accounting equation holds true because for every exploit made on the assets position of the equation you must then(prenominal) put the same relations on the liability/ comeliness side of the accounting equation. So if you purchase some resolved assets... If you want to get a full essay, order it on our website: Ordercustompaper.com

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