Hoddle Ltd
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Hi,<BR><BR>I am doing practice simulation 4 unit 7 Hoddle Ltd. Can anyone tell me if my consolidated profit of 65,411 is correct? <BR>Also with the adjustments between Kelly and Hoddle I have taken 20,167 off the sales figure, added 18,271 to purchases (listing Hoddle's purchases as 32,637 to start with) and added 1,896 to closing stock. <BR><BR>As it is dealing with 'sales' rather than calling it stock transfers I have just treated it like a stock transfer. As usual the simulations always have me scratching my head when I first tackle them and then seem obvious later but the books never cover quite whats in them (I guess we are meant to use our brains - not fair!).<BR><BR>Help to see if I am on the right track before I produce the reports would be great thanks.<BR><BR>Torixx
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Hoddle Ltd
Are you a member of the MSN group for intermediate? As the answers are on there for this simulation.<BR><BR>for tast 4:- The consolidated net profit for 3 months ended 31 march is 47,138<BR><BR><BR>0 -
Hoddle Ltd
Oh dear I've messed up my transfers somewhere then didn't think they were right. Looking at it again I can see what I've done - the inter company transfers and a bit of rounding. Still don't quite know how to put adjustments in correctly though.<BR><BR>I've signed up for the MSN thing I just need a manager to approve me ta very much!!!<BR><BR><BR>Thanks <BR><BR>Torix0 -
Hoddle Ltd
I've just approved you. Hope the site helps0 -
Hoddle Ltd
Thanks a lot - the site looks really good. I was 90% of the way there and getting fed up with a blocked nose and tons of work to do - sorting that out and seeing that my VAT thing was right has made me cheer up loads. Bit more confidence to tackle the rest of it now.<BR><BR>A much relieved Torixxx0 -
Hoddle Ltd
Please can you tell me how to register onto the MSN Group for intermediate<BR><BR><BR>Lorraine<BR>0 -