Why is Traditional GUI mode used?
To render the application as text on an ASCII terminal.
To force the application to adhere to imported GUI design rules.
To display the application with the traditional color scheme of the operating system.
To display windows as simple, formatted boxes instead of separate, moveable objects to ease migration.
What happens when an IBM Informix 4GL program with pre-defined ASCII window coordinates is converted to Genero running in graphical mode?
Coordinates are used
Coordinates are ignored
Program will finish with error
Window will open in the upper left corner
Which two front-end styles does the FGLGUI variable define? (Choose two.)
When connecting to an IBM Informix database, which one is a valid "source" parameter?
During development, what is the standalone dispatcher that can be used to start the Genero Application Server?
If the database server has a 32 bit architecture and Genero BDL has a 64 bit, which should be the architecture of the database connectivity client?
does not matter
all products must have the same architecture
Which Genero Web Client theme is closest to a Genero Desktop Client experience?
By default, what is stored in the project directory for a Genero Studio application project?
The output of any compile/build process.
Temporary files used during development of the application project.
The .4pw file, environment variables, a library, and application nodes.
Library files, the application code, database information, and a .4pw file.
Which product is needed to connect to an Informix Database Server in a Genero development environment?
Informix Client SDK
When setting up a remote Genero Studio Server, which product/component is NOT a requirement?
Genero Studio IDE
Informix Client SDK
NFS or Samba shared drive(s)
User Agent (Genero Desktop or Browser)
Which environment variable defines the front-end workstation?
Which two operating systems are supported by Informix Genero Studio client? (Choose two.)
Which two packages are contained in IBM Informix Genero Developer Suite? (Choose two.)
Genero Application Server
WebSphere Application Server
Using GAS 2.30 architecture, what will occur if you are running an application and the dispatcher is killed?
The active application is killed.
All applications that were running are killed.
Both the dispatcher and the application will have to be restarted.
The dispatcher can be restarted and the application will continue.
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License: All rights reserved. credit score: Chatham house
thirteenth Dec 2012
Professor Paul Stevens
Professor Paul Stevens Senior analysis Fellow, energy, atmosphere and elements
This post originally appeared on Chatham house's website, reproduced with permission.
On the fifth of December, the united kingdom Chancellor, George Osborne, quite simply announced a new sprint for gas within the UK power sector as a part of his Annual financial statement on the economic climate. He argued that as much as 37 Gigawatts (GW) of new gasoline fired producing means can be built through 2030. this suggests round forty new vigour stations although some will exchange current plant. His observation coincided with the liberate of a new “gasoline generation approach” doc with the aid of the department of energy and climate change (DECC) which gave as its base case a rise of 26 GW of new capability by way of 2030 and even this turned into above the 20 GW of potential which DECC had prior to now informed in September so as to maintain the uk on track to meets its legally binding emission pursuits for 2025.
The “gasoline technology approach” doc obviously cited "…ultimately there is massive uncertainty about future gas fees, so we should be organized for both excessive and low fuel price scenarios." although, implicit at the back of Osborne’s commentary became the idea that gas would be more affordable in the future. moreover, this seems to be based mostly upon a view that these lower gasoline costs can be pushed, as it had been within the u . s ., via a shale gasoline revolution. To this end, Osborne additionally introduced that there could be consultations on tax breaks for shale gas operations and the creation of an “workplace for Unconventional gas” to cover the regulatory context for shale fuel operations to maintain it “secure however basic”.
Osborne’s view of the long run is significantly deceptive and extremely dangerous. it is misleading since it ignores the very actual boundaries to shale fuel construction in the UK and Europe more generally. the united states revolution become prompted via favourable elements reminiscent of geology, tax breaks and a brilliant service business amongst many others. besides the fact that children, in Western Europe the geology is much less beneficial notably with the shale containing a stronger clay content material making it greater elaborate to make use of hydraulic fracturing (fracking). The CEO of ExxonMobil mentioned in March 2012 that the know-how, so efficaciously used within the united states of america, changed into conveniently not applicable in Europe and that greater research became crucial. The difficulty is that this variety of primary scientific research needs to be funded with the aid of executive as indeed it changed into in the united states. Yet there appears no urge for food in the British executive for such funding and the ecu fee has explicitly dominated out any such involvement. at present there aren't any tax breaks backyard of Hungry and the drilling/service trade is far far in the back of the us. additionally in a densely populated Europe (compared to the USA), disruptions caused via shale fuel trends will battle to find public acceptance. eventually, not like the USA, advantages from gas creation accrue to governments, no longer native landowners.
additionally to date the uk government has been extremely sluggish in any choice making over shale fuel operations. In may 2011, the house of Commons select Committee on power and climate alternate produced a document on shale fuel which advised that fracking should be allowed albeit closely monitored by way of DECC. The government easily unnoticed this and the same Committee has just begun a 2d enquiry related to shale gas. in a similar way, in June 2012 a file produced via the Royal Society and the Royal Academy of Engineering got here to an identical conclusion that fracking, subject to monitoring changed into protected but once more this ended in no motion via executive. The positive ban by DECC on further fracking imposed in summer time 2011 following the “earthquakes” in Blackpool regarding Cuadrilla’s operations remains in place despite the fact there are expectations that it can be lifted quickly. Given there are clear and deep divisions between DECC and the Treasury over the future position of gas, such indecision is probably going to continue to be alive and smartly. this can add to the very lengthy record of other boundaries to shale gas development within the UK. for that reason Osborne’s view of the power future is likely to show extraordinarily deceptive.
His view of the longer term is additionally particularly dangerous if there's concern over climate exchange as indeed there may still be. The Treasury’s concern is that the larger can charge of electrical energy, which they see as being driven by way of the stronger use of renewables, will harm the competitiveness of the united kingdom economic climate. a splash for gasoline they trust will reverse these rising costs. There are several flaws with this view. First, it assumes that gas should be cheaper in the future and, as alread 000-559y explained, whereas this may well be the case it is going to in no way be the influence of any shale gasoline revolution in UK or Europe in the subsequent five to 10 years. 2nd, gas remains a hydrocarbon. whereas it is much less harmful than coal for climate trade (although even here's controversial given existing uncertainty over fugitive emissions from shale gasoline operations) if it substitutes for renewables in place of coal then here is critically unhealthy news.
right here is the latest installment of Reexamination Requests from Scott M. Daniels, of Reeaxamination Alert and practice core Contributor…
Of special interest is the request (ninety/011,109) filed through Hynix in opposition t U.S. Patent No. 6,546,446 owned by Rambus. The ‘446 patent is alread 000-559y the discipline of two inter partes reexaminations, initiated by using Micron – in both the examiner has indicated the patentability of the claims, and past this month Micron filed a notice to enchantment to the PTO Board. The ‘446 patent is also presently the area of two cases filed with the aid of Rambus in the Northern District of California.
Reexamination requests are usually stated within the legitimate Gazette about three months after filing. the sort of extend in reporting requests, exceptionally for requests that contain copending District court docket litigation, is simply too lengthy. We therefore file new ex parte and inter partes reexamination requests filed electronically the previous week as they seem on the Patent office PAIR system. advice on concurrent litigation is also provided, where accessible.
Some reexamination requests are still filed by paper. because of the time required for the Patent workplace to overview such paper requests before posting on PAIR, our report may come three weeks after submitting. The counsel attainable from the Patent office may well be incomplete in a few instances because now not all of the reexamination request papers have yet been posted on PAIR. There may additionally even be gaps in the Patent office docket numbers listed because, for any of a number of reasons, a reexamination request has been assigned a docket quantity but is not equipped for posting.
the following inter partes requests had been made:
(1) ninety five/001,400 (electronically filed) – U.S. Patent No. 7,214,636 owned via ExxonMobil Chemical Patents Inc. and entitled CATALYST REGENERATOR FOR decreasing ENTRAINED CATALYST LOSS. Filed July 20, 2010 through UOP LLC, a wholly owned subsidiary of Honeywell overseas Inc.
(2) ninety five/001,401 (electronically filed) – U.S. Patent No. 7,757,946 owned by way of Acme Scale enterprise, Inc. and entitled cloth TRANSPORT IN-action PRODUCT DIMENSIONING device AND formula. Filed July 20, 2010 via LTS Scale company, LLC.
(three) 95/001,402 (electronically filed) – U.S. Patent No. 7,643,773 owned through superior Cartridge technologies, LLC and entitled consumer-friendly IMAGING CARTRIDGE. Filed July 22, 2010 through Lexmark foreign, Inc. The ‘773 patent (along with the ‘710 & ‘356 patents – see beneath) is presently the discipline of a litigation styled advanced Cartridge applied sciences, LLC v. Lexmark foreign, Inc. (M.D. Fla., Case No. eight:10-cv-00486-SDM-TGW, filed Feb. 22, 2010).
(4) 95/001,403 (electronically filed) – U.S. Patent No. 7,113,710 owned through advanced Cartridge applied sciences, LLC and entitled structure combating using AN UNAUTHORIZED CIRCUIT BOARD. Filed July 22, 2010 via Lexmark foreign, Inc. The ‘710 patent (together with the ‘773 and ‘356 patents – see above and below) is currently the area of a litigation styled superior Cartridge technologies, LLC v. Lexmark overseas, Inc. (M.D. Fla., Case No. eight:10-cv-00486-SDM-TGW, filed Feb. 22, 2010).
(5) 95/001,404(electronically filed) – U.S. Patent No. 7,257,356 owned with the aid of advanced Cartridge applied sciences, LLC and entitled ERGONOMIC TONER CARTRIDGE. Filed July 22, 2010 by means of Lexmark overseas, Inc. The ‘356 patent (together with the ‘773 and ‘710 patents – see above) is at the moment the area of a litigation styled superior Cartridge applied sciences, LLC v. Lexmark international, Inc. (M.D. Fla., Case No. eight:10-cv-00486-SDM-TGW, filed Feb. 22, 2010).
(6) ninety five/001,405 (electronically filed) – U.S. Patent No. 7,558,083 owned via SynQor, Inc. and entitled high effectivity energy CONVERTER. Filed July 23, 2010 with the aid of Murata Manufacturing Co., Ltd. The ‘083 patent (together with the ‘702 patent – see under) is currently the discipline of a litigation styled SynQor, Inc. v. Artesyn applied sciences, Inc. (E.D. Tex., Case No. 2:07-cv-00497-TJW-CE, filed Nov. 13, 2007).
(7) 95/001,406 (electronically filed) – U.S. Patent No. 7,564,702 owned through SynQor, Inc. and entitled high effectivity power CONVERTER. Filed July 23, 2010 through Murata Manufacturing Co., Ltd. The ‘702 patent (along with the ‘083 patent – see above) is at the moment the area of a litigation styled SynQor, Inc. v. Artesyn applied sciences, Inc. (E.D. Tex., Case No. 2:07-cv-00497-TJW-CE, filed Nov. 13, 2007).
(eight) 95/001,407 (electronically filed) – U.S. Patent No. 6,923,789 owned with the aid of Playtex items, Inc. and entitled dissimilar-component TAMPON APPLICATOR. Filed July 23, 2010.
(9) ninety five/000,556 (paper filed) – U.S. Patent No. 7,704,921 owned with the aid of Praxair know-how, Inc. and entitled creation OF ACTIVATED CHAR the use of scorching fuel. Filed July 9, 2010.
(10) 95/000,558 (paper filed) – information no longer currently accessible.
(eleven) 95/000,559 (paper filed) – tips no longer at present available.
(12) ninety five/000,560 (paper filed) – U.S. Patent No. 7,679,573 owned with the aid of digital controlled methods, Inc. and entitled ENCLOSED mobile/portable MOTORIZED ANTENNA equipment. Filed July 19, 2010.
And the following ex parte requests were made:
(1) 90/011,099 (electronically filed) – U.S. Patent No. 7,220,633 owned by using Volterra Semiconductor company and entitled components OF FABRICATING A LATERAL DOUBLE-subtle MOSFET. Filed July 19, 2010.
(2) ninety/011,100 (electronically filed) – U.S. Patent No. 7,671,411 owned by means of Volterra Semiconductor enterprise and entitled LATERAL DOUBLE-subtle MOSFET TRANSISTOR WITH A frivolously DOPED source. Filed July 19, 2010.
(3) ninety/011,101 (electronically filed) – U.S. Patent No. 5,448,520 owned by Renesas technology enterprise and entitled SEMICONDUCTOR memory. Filed July 19, 2010.
(four) 90/011,102 (electronically filed) – U.S. Patent No. 5,732,037 owned via Renesas technology organisation and entitled SEMICONDUCTOR memory. Filed July 19, 2010.
(5) 90/011,103 (electronically filed) – U.S. Patent No. 6,four hundred,126 owned through Volterra Semiconductor enterprise and entitled SWITCHING REGULATOR WITH numerous vigor TRANSISTOR riding VOLTAGES. Filed July 19, 2010.
(6) ninety/011,104 (electronically filed) – U.S. Patent No. 5,889,943 owned by way of style Micro, incorporated and entitled apparatus AND formula FOR electronic message VIRUS DETECTION AND removal. Filed July 20, 2010.
(7) 90/011,one zero five (electronically filed) – U.S. Patent No. 5,566,185 owned with the aid of Renesas expertise supplier and entitled SEMICONDUCTOR integrated CIRCUIT. Filed July 21, 2010.
(eight) ninety/011,106 (electronically filed) – U.S. Patent No. 5,774,670 owned through Netscape Communications and entitled PERSISTENT customer STATE IN A HYPERTEXT transfer PROTOCOL based mostly client-SERVER system. Filed July 22, 2010.
(9) ninety/011,107 (electronically filed) – U.S. Patent No. 5,937,341 owned by means of the school of Washington and entitled SIMPLIFIED excessive FREQUENCY TUNER AND TUNING components. Filed July 23, 2010.
(10) 90/011,108 (electronically filed) – U.S. Patent No. 6,750,258 owned via Battelle Memorial Institute and entitled CATALYST constitution AND components OF FISCHER-TROPSCH SYNTHESIS. Filed July 23, 2010.
(eleven) ninety/011,109 (electronically filed) – U.S. Patent No. 6,546,446 owned via Rambus Inc. and entitled SYNCHRONOUS memory gadget HAVING automatic PRECHARGE. Filed July 23, 2010 by using Hynix Semiconductor Inc. The ‘446 patent is presently the area of two litigations, styled: Rambus Inc. v. Micron expertise Inc. (N.D. Cal., Case No. 5:06-cv-00244-RMW, filed Jan. 13, 2006) and Rambus Inc. v. Hynix Semiconductor Inc. (N.D. Cal., Case No. 5:05-cv-00334-RMW, filed Jan. 25, 2005).
(12) 90/009,774 (paper filed) – tips now not currently purchasable.
(13) ninety/009,776 (paper filed) – U.S. Patent No. D607,918 owned by using Ideavillage items Corp. and entitled sunglasses. Filed July 12, 2010.
(14) 90/009,778 (paper filed) – guidance now not presently purchasable.
(15) ninety/009,780 (paper filed) – assistance not currently accessible.
(16) 90/009,781 (paper filed) – U.S. Patent No. 7,594,286 owned by using Brigham & girls’s sanatorium and The ordinary clinic agency and entitled attitude INDICATOR. Filed July 21, 2010.
Tags: ex parte requests, Federal Circuit, inter partes requests, reputable Gazette, PAIR equipment, Reexamination Alert, Reexamination Requests, Scott M. Daniels, USPTO, Westerman Hattori Daniels & Adrian
Unformatted text preview: 2010-CE P ACCT HONG KONG EXAMINATIONS AND evaluation AUTHORITY HONG KONG certificate OF education EXAMINATION 2010" ideas OF bills 830 am — eleven.00 am (272 hours} This paper should be answered in English guidelines: 1. answer 5 questions: THREE from section A (42%), and TWO from part B (fifty eight%). 2. " Two answer books are offered. Write your answers for section A within the CE(F) answer publication and answers for section B in the CE(B) answer publication. the two answer books may be gathered separately. three. show your workings. not to be taken away before the end of the examination session 2010-CE-P ACCT—l section A reply any THREE questions from this part. each and every query consists of 14 marks. Write your solutions for section A within the CE(F) reply booklet provided. 1. (A) Lidia Design has employed invoice Chan, a noted and experienced fashion designer, for a contract length of three years. invoice Chan is to be paid a month-to-month earnings of $one hundred 000 plus a fee of 5% on the revenues of his initiatives. considering the fact that the company considers invoice Chan to be a advantageous asset of the business, it capitalises an quantity of $3 600 000, the total earnings payable to bill Chan, as an intangible asset on its steadiness sheet. REQUIRED: State the accounting precept or conception that has been violated and provides an explanation. (four marks) (B) For every of the following transactions, demonstrate the double entries required and the web results on the accounting equation (property = Liabilities + Capital). . . internet consequences on the Entries required . . accountin e nation illustration: The proprietor took ﬁ-om the business Debit: Drawings $a hundred and twenty 000 $100 000 cash and items at a cost of credit score: money $one hundred 000 $20 000. credit: Purchases $20 000 (21) Paid birth charges of $800 9 ,2 in cash on behalf of a client. ' ' (b) Paid $500 for repairs and $1500 for future maintenance of a computer. the two quantities ? were made by a cheque of $2000. reduce belongings reduce capital (c) Borrowed a brief-term mortgage of $a hundred 000 ﬁ‘om a bank and repaid an overdue amount of $ninety five 000 owed to a organization. (d) The proprietor returned cash of $2000 into the business and paid $500 for accrued expenses which had been recorded by using the business one week in the past. (the whole volume of $2500 had in the past been withdrawn by means of the proprietor for private use.) ” (10 marks) 2010-CE-P ACCT~2 2. (A) (13) Paul Kan 'owns two ﬁrms: AB company and XE business. the former acts because the procuring agent for the latter. all through the year ended 31 December 2009, AB business made purchases of $700 000, of which ninety eight% belonged to XE business. Paul Kan suggests recording the total amount as purchases within the books of AB business to simplify the accounting tactics of his two organizations. REQUIRED: State how the purchases may still be recorded and brieﬂy clarify the accounting precept or thought that may still be adopted. (5 marks) Viola company generates profits by way of letting its workplace premises to tenants who're required to pay monthly rentals in advance all the way through 2008, the company had got in develop $28 000 in recognize of rent for January 2009; and at 31 December 2008, an quantity of $12 000 became owed by a tenant. In 2009, the company bought from the tenants cheques amounting to $730 000, which protected a refundable apartment deposit of $one hundred 000 and hire in improve for 2010 of $32 000. A rental deposit of $fifty five 000 become refunded to a tenant in November 2009. At 31 December 2009, leases from a tenant of $10 000 per month, that have been due on 16 November and 16 December 2009, remained unpaid. all the way through 2009, costs have been paid by using cheques quarterly on 1 January, 1 April, 1 July and 1 October. particulars are as follows: ' ' S 3 months to 28 February 2009 l 830 3 months to 31 may 2009 2 a hundred and sixty 3 months to 31 August 2009 2 I60 3 months to 30 November 2009 2 a hundred and sixty eight 310 quotes amounting to $2160 for the three months to 28 February 2010 had not yet been paid by the enterprise as at 31 December 2009. . - REQUIRED: in the books of Viola business, reveal the entries in here accounts for the yr ended 31 December 2009: (a) the rental profits account; and (5 marks) (b) the costs account. (four marks) 2010-CE-P ACCT—3 Jane H0 is a sole proprietor who continues information of her cash and bank transactions in a three-column cash ebook. The balances in the cash e-book at 1 March 2010 have been: money $38 900 and financial institution overdraft $6240. Jane made here transactions during the month of March 2010: March 2 eleven 16 22 29 30 31 sales with a listing rate of $8000 had been made to a customer at a reduction of 10% on 25 February 2010. The customer settled his account balance by using cheque after deducting a three% money cut price. From the proceeds of money revenue, paid $one thousand for money purchases of buying and selling goods and banked the last $4600. Settled a organisation’s mind-blowing account of $3000 by means of cheque after deducting a 5% money bargain. A consumer paid money $19 600 to settle her debt. contract. A 2% money discount turned into allowed for early Paid suppliers in cash $sixteen 500. Banked cheques of $27 800 ﬁ‘om clients through an automatic Teller computer (ATM). Paid salaries in money $14 000. Banked a cheque of $3007 from a client in full contract of his account of $three a hundred. Jane He acquired a bank remark which confirmed a credit score steadiness of $27 194 as at 31 March 2010. An examination of the financial institution column within the money book and the bank statement disclosed right here discrepancies: (i) (ii) bank Iodgement on 31 March 2010 had not yet been recorded via the bank. A financial institution provider cost of $300 had been debited via the bank on 26 March 2010. besides the fact that children, an amount of $one hundred had been overcharged and become refunded via the bank on 31 March 2010. (iii) (iv) (v) Cheques drawn totalling $19 200 had not been introduced to the financial institution. An autopay charge of $ 1 8 000 changed into made via the financial institution for employ. A submit-dated cheque of $4100 acquired from a consumer turned into banked on 29 March 2010, nevertheless it became back via the financial institution. REQUIRED: (a) (b) 2010-CE-P ACCT—four put together a 3—column money publication for the mouth of March 2010, incorporating the quintessential updates to be made on 31 March 2010. (12 marks) prepare a bank reconciliation remark as at 31 March 2010 starting off with the financial institution remark stability and ending with the updated cash e-book stability in (a) above. (2 marks) Ron and Sue were in partnership sharing seasonedﬁts and losses in the ratio of three:2 respectively. Their trial steadiness as at the ﬁnancial 12 months ended 31 December 2009 become as follows: Debit credit $ $ Capital money owed: R011 200 000 Sue . 150 000 10% personal loan ﬁ'om Ron, repayable on 31 December 2012 90 000 Debtors and collectors 27 000 60 000 bank _ fifty nine 300 Motor vehicles (internet) a hundred and sixty 800 office device (internet) 346 500 stock 25 000 . 559 300 M the ten% personal loan changed into borrowed on 1 June 2009 for the purchase of a new ofﬁce machine on IJuly 2009. Depreciation on workplace device turned into to be supplied at 20% every year on can charge. No depreciation had yet been offered on the new ofﬁce equipment and activity on the mortgage had not yet been gathered within the books as at 31 December 2009. On I January 2010, Ron and Sue agreed to confess Tim, their former service provider, into the partnership on the following terms: (i) Ron, Sue and Tim had been to share proﬁts and losses within the ratio of three:three:2 respectively. (ii) Goodwill changed into estimated to have a worth of $one hundred eighty 000. No goodwill account was to be saved in the books of the partnership. (iii) Tim became required to repay eighty% of the amount owed to the creditors and to bring in buying and selling items with an agreed value of $33 000. He made a fee by means of cheque for his share of goodwill. (iv) inventory became to be written down to $24 500 whereas unhealthy bills were estimated to be $1350. REQUIRED: (a) put together the capital money owed of Ron, Sue and Tim in columnar form. (9 marks) (b) prepare a press release displaying the calculation of the working capital of the brand new partnership as at 1 January 2010. (5 marks) 2010-CE-P ACCT—5 section B reply any TWO questions from this area. every query contains 29 marks. Write your answers for area B within the CE(B) reply ebook provided. 5. right here trial steadiness become extracted from the books of Fatima restricted as at 31 December 2009: Debit credit score $ $ Motor automobiles, at cost 1 300 000 workplace gadget, at charge three 590 000 inventory, 1 January 2009 132 200 gathered depreciation ~ motor automobiles, 1 January 2009 420 000 accrued depreciation — ofﬁce machine, 1 January 2009 943 000 Disposal of property 60 000 Share issue 704 000 Purchases l 083 000 unhealthy money owed 57 680 revenue returns 67 000 selling and distribution fees 401 600 Administrative prices 264 200 Carriage inwards i3 600 Salaries 505 000 rent and charges 314 000 ordinary dividend 50 000 cash at bank eighty five 320 alternate debtors 798 four hundred 5% financial institution ﬁxed deposit one hundred 000 change creditors 821 200 Saies four 270 000 500 000 average shares of $2 every, entirely paid 1 000 000 Share top rate 15! 300 commonplace reserve a hundred and forty 000 Retained seasonedﬁts, 1 January 2009 297 500 eight 812 000 more information: (i) (ii) (iii) stock as at 31 December 2009 amounted to $204 350 which covered defective goods of $10 000. As agreed, these items were to be back to the agency. No entries had been made for this return. Free samples were despatched to a consumer on 29 December 2009. This was recorded as a credit score sale of $900. A motor automobile which turned into bought on 1 January 2008 for $one hundred twenty 000 became offered on 30 November 2009 for $60 000 through an agent. The income proceeds bought had been debited to cash and credited to the disposal of belongings account. No other entries had been made. A commission of 5% on the sales proceeds was to be paid to the agent on 3 January 2010. 201 0-CE-P ACCT—6 (iv) Annual depreciation was to be charged as follcms: Motor automobiles — 20% on a reducing-balance basis Ofﬁce device —- 25% on a straight-line basis (v) At 31 December 2009, prepaid selling and distribution expenses and gathered administrative fees amounted to $3600 and $5200 respectively. (vi) The 5% financial institution ﬁxed deposit changed into made on 1 July 2009 for a length of 12 months. (vii) The board of administrators proposed to transfer $200 000 to typical reserve. (viii) On 22 December 2009, 300 000 normal shares were issued at $2.20 per share. Subscriptions had been bought for 320 000 shares. All subscription cash had been credited to the percentage difficulty account. extra subscriptions were to be refunded to unsuccessﬁil candidates on 5 January 2010. REQUIRED: put together for Fatima limited: (a) the buying and selling, proﬁt and loss and appropriation account for the year ended 31 December 2009; and (14 marks) (b) the balance sheet as at three] December 2009. (15 marks) 2010-CE-P ACCT~7 6. the trend club is a non-professionalﬁt making enterprise which aims at promoting visual arts. participants are required to pay an annual membership payment of $a thousand. The club operates a small present store which sells T—shirts and decorative accessories. A mark-up of 80% on cost turned into made on all income of presents. right here is a abstract of the receipts and funds of Craze membership for the year ended 31 December 2009: S $ balance at bank, 1 January 2009 28 940 Purchases of gifts 152 500 SUbSCl'iPtiOHS 188 a hundred and fifty art path — tutors’ salaries 40 000 artwork route costs 164 000 — substances 8 000 revenue of giﬁs 256 900 appoint and charges a hundred and twenty 000 operating fees of gift store 13 a hundred and seventy body of workers salaries 208 740 Sundry costs 5 860 Utilities prices 17 760 Donations to charities 20 000 buy of furnishings and ﬁttings 30 000 balance at financial institution, 31 December 2009 21 960 637 990 637 990 more information: (i) one of the vital membership’s balances as at 31 December have been as follows: 2008 2009 $ $ present inventory 29 a hundred ninety ? Giﬁ store debtors 39 800 ? discounts allowed - '3 Subscriptions in arrears 4 000 6 000 Subscriptions in increase 2 000 1 000 rent and costs prepaid 2 250 3 850 Utilities fees owing ' 960 l 020 furniture and ﬁttings, at charge 84 520 'P amassed depreciation — furniture and ﬁttings 23 760 '? (ii) income of gifts for 2009 amounted to $266 400. All purchases of gifts have been made in money whereas all earnings were made on credit. The credit period allowed to normal debtors became 2 months. (iii) A actual stock-taking on 5 January 2010 confirmed that the cost of reward stock on that date become $30 150. during the 5 days from 1 January to five January 2010, goods received from a company and items returned outwards had an inventory cost of $4000 and $200 respectively. A change bargain of 10% had been given by means of the supplier on these items. (iv) On 31 December 2009, probably the most gift inventory turned into discovered missing. (v) Subscriptions of $3000 had lengthy been wonderful and therefore the membership wrote off the amount within the existing yr. (vi) Donations to charities for the year additionally blanketed some T—shirts at a cost of $2500. 2010-CE? ACCT~three (vii) it's the ciub’s coverage to depreciate furnishings and ﬁttings at 20% each year the use of the straight-line components. A full year’s depreciation is to be charged within the yr of acquisition. REQUIRED: prepare for Craze membership: (a) the buying and selling account for the present store for the 'year ended 31 December 2009; (9 marks) (b) the income and expenditure account for the year ended 31 December 2009; and (eleven marks) (c) the stability sheet as at 31 December 2009. (9 marks) 20 I U-CE-P ACCTwQ 7. The trial stability of Tess company as at 31 December 2009 failed to agree and the change was posted to a suspense account. The draft internet proﬁt for the 12 months ended 31 December 2009 amounted to $193 450. All general revenue of the company are made at a gross professionalﬁt of 40% on can charge. Subsequent checking of the facts revealed right here: (i) The purchases journal had been undercast by using $520. (ii) Returns inwards of $560 had been credited to the returns outwards account as $650. (iii) Withdrawal of items with a selling expense of $2800 by way of the proprietor had been incorrectly recorded as a credit score sale to a consumer, Russ business. (iv) A contra entry of $792 in the debtors and collectors accounts had been incorrectly recorded as $972. (v) A money bargain of $700 obtained from a agency turned into handled as a change cut price. (vi) A payment for phone fees of $300 for the proprietor become recorded as a charge for the enterprise cellphone invoice. (vii) items with a price of $one thousand had been bought to a consumer at a distinct discount of 10%. This transaction had been recorded as a normal credit sale. (viii) A credit score sale of ofﬁce device for $10 000 changed into incorrectly treated as a credit sale of a fully depreciated motor car with a price of $a hundred 000. The workplace device had a value and accumulated depreciation of $eighty 000 and $64 000 respectively on 31 December 2009. (ix) A fee of $123 for carriage inwards had been posted twice to the sundry costs account (x) commission revenue of $334 had been debited to both the bank account and the fee expenses account. REQUIRED: (3) prepare the imperative journal entries to suitable the above. Narrations don't seem to be required. (17 marks) (b) Draw up the suspense account. (3 marks) (c) put together a press release to suitable the draft net seasonedﬁt for the yr ended 31 December 2009. (9 marks) conclusion OF PAPER 2010-CE-P ACCTAI 0 ...View Full doc