QUESTION 4

PARTNERSHIPS

(20)

The information given below was extracted from the accounting records of Salmon Traders, a partnership business with Sally and Monty as partners. The financial year ends on the last day of February each year.

REQUIRED

Prepare the following accounts in the General ledger of Salmon Traders:

4.1 Current a/c: Monty (Balance the account.)

(7)

4.2 Appropriation account (Close off the account.)

(13)

INFORMATION

Balances in the ledger on 28 February 2017

R

Capital: Sally

400 000

Capital: Monty

200 000

Current a/c: Sally (01 March 2016)

20 000

(DR)

Current a/c: Monty (01 March 2016)

33 000

(CR)

Drawings: Sally

200 000

Drawings: Monty

180 000

The following must be taken into account:

(a)

The net profit according to the Profit and Loss account amounted to R500 000 on 28 February 2017.

(b)

The partnership agreement makes provision for the following:

■

Interest on capital must be provided at 15% per annum on the balances in the capital accounts. Note: Sally increased his capital by R100 000 on 01 September 2016. Monty decreased his capital by R100 000 on the same date. The capital changes have been recorded.

■

The partners are entitled to the following monthly salaries:

Sally

R12 000

Monty

R13 000

Note: The partners’ salaries were increased by 10% with effect from 01 December 2016.

■

Sally and Monty share the remaining profits or losses in the ratio of their capital balances as at the beginning of the financial year

QUESTION 4                             PARTNERSHIPS                                                                               (20)

The information given below was extracted from the accounting records of Salmon Traders, a partnership business with Sally and Monty as partners. The financial year ends on the last day of February each year.

REQUIRED

Prepare the following accounts in the General ledger of Salmon Traders:

4.1 Current a/c: Monty (Balance the account.) (7)

4.2 Appropriation account (Close off the account.) (13)

INFORMATION

The following must be taken into account:

(a) The net profit according to the Profit and Loss account amounted to R500 000 on 28 February 2017.

(b) The partnership agreement makes provision for the following:

■ Interest on capital must be provided at 15% per annum on the balances in the capital accounts. Note: Sally increased his capital by R100 000 on 01 September 2016. Monty decreased his capital by R100 000 on the same date.

■ The partners are entitled to the following monthly salaries:

Sally R12 000

Monty R13 000

Note: The partners’ salaries were increased by 10% with effect from 01 December 2016.

■ Sally and Monty share the remaining profits or losses in the ratio of their capital balances as at the beginning of the financial year.

Question 4

The information given below as extracted from the accounting records of Salmon Traders, a partnership business with Sally and Monty as partners. The financial year ends on the last day of February each year.

Required

4.1 Prepare the following accounts in the general ledger of Salmon traders:

4.1 Current a/c: Monty (Balance the account)

4.2 Appropriation account Close off the account)

The following must be taken into account:

(a)    The net profit according to the Profit and Loss Account amounted to R500 000 on 28 February 2017.

(b)    The partnership agreement makes provision for the following:

·         Interest on capital must be provided at 15% per annum on the balances in the capital accounts. Note: Sally increased his capital by R100 000 on 01 September 2016.Monty decreased his capital by R100 000 on the same date. The capital changes have been recorded.

·         The partners are entitled to the following salaries     Sally R12 000/ Monty R13 000.Note: The partner’s salaries were increased by 10% with effect from 01 December 2016.

·         Sally and Monty share the remaining profits or losses in the ratio of their capital balances as at the beginning off the financial year.

1. You have been given the following return data on 3 assets; A, B and C over the period of 2013 -2016.

Using these assets, you have isolated three investment alternatives:

1. Calculate the portfolio return over the four year period of each of the three alternatives.
2. Calculate the standard deviation of returns over the four year period for each of the three alternatives.

1. You have been given the following return data on 3 assets; A, B and C over the period of 2013 -2016.

Using these assets, you have isolated three investment alternatives:

1. Calculate the portfolio return over the four year period of each of the three alternatives.
2. Calculate the standard deviation of returns over the four year period for each of the three alternatives.

PLEASE STATE ALL THE FORMULAS CLEARLY AND DUN ANS IN EXCEL.

please follow this pseudocode

1) Create class (any name you want)ex: aS
2) Declaring private integer array empty one ex: name arr[]
3) Declare private integer variables top, size and len (my example)

4) Declare constructor for the class with the same name and inside of that
public aS declare (parameter ex: int n)
  
5) Inside of that constructor method write command where:
size is equal to n
len is equal to zero
array (name) is equal to new integer[size]
and
top is equal minus 1

6)
Declare function to check if Stack is empty
In this function called public you should declare boolean (any name you want)
Which return top is equal minus 1

7)

Declare function to check if stack is full
Again another public boolean (any name you want)
Which return top is equal to size minus 1

8)
Declare function to get the size of the stack
This is public integer (any name you want)
Which return len
  
  
9)

Declare function to check the top element of the stack.
This is public integer peek
Which calls the function to see if is empty (we created above)
You can write underneath
throw new NoSuchElementException("Underflow Exception");
then
return name of your array[top]
  
10)

Declare function to add an element to the stack
Called public void push with parameters integer i
Condition:
if top + 1 is greater equal to size then you can write again
throw new NoSuchElementException("Underflow Exception");
if top + 1 is less equal to size
name of your array [increment top] equal to i

len increment

11)

Declare function to delete an element from the stack

This is public integer pop
Which calls the function to see if is empty (we created above)
You can write underneath
throw new NoSuchElementException("Underflow Exception");
then
increment len
then
return name of array[decrement top]
  
  
12)

Declare function to display the stack

This is public void display

system print out Stack: =
Condition
if len is equal to zero
then
system print out empty
return only
close the brackets
then
create for loop where int i is equal to top and i is greater equal to zero and i decrement
inside of that loop
system print name of array[i]+" "

13)

Scanner scan = new Scanner(System.in);

System.out.println("Enter Size of Stack ");

int n = scan.nextInt();

  
aS s = new aS(n);

char ch;

do{

System.out.println("\nStack Operations");

System.out.println("1. Push");

System.out.println("2. Pop");

System.out.println("3. Peek");

System.out.println("4. Check if is empty");

System.out.println("5. Check if is full");

System.out.println("6. Get the Size of Stack”);

int choice = scan.nextInt();

switch (choice)

An emf _max sin ωt, with _max = 0.40 V and ω = 3.30 10³ radians/s, is applied to the terminals of a capacitor with C = 1.6 pF. What is the displacement current between the capacitor plates?

______________ cos(ωt) A

Describe the following:

Coombs tests and the detection of Rhesus incompatibility

Monoclonal Antibodies and Phage display libraries for antibody V-region production

Immunofluorescence microscopy

Immunoprecipitation and Immunoblotting

Use of antibodies in the isolation and identification of genes and their products

Give a short but concise definition for, and indicate the environmental importance of any four of the following. (i) Sinks (not the kitchen variety) (ii) Radon (iii) Ozone depletion substance (iv) Soot (v) "end of the pipe" solutions

i. Explain how to evaluate the correct combination of RL and CL for appropriate filter efficiency. ii. Suggest three (3) alternative designs if the output voltage is to be used to drive electronics with various input voltages. (V

a) Explain any 5 “Types of properties” with all the “Qualities” associated with each property.

b) Explain the following mechanical properties:

(i) Ductility (ii) Malleability (iii) Tensile strength (iv) Stiffness (v) Toughn