Accounting for Cost Structure - Assignment
Added on 2019-10-30
13 Pages1496 Words213 Views
Running head: ACCOUNTING FOR COST STRUCTUREAccounting for Cost StructureName of the Student:Name of the University:Author’s Note:
1ACCOUNTING FOR COST STRUCTURETable of ContentsAnswer to Question 17.19:..............................................................................................................2Answer to Question 14.43:..............................................................................................................2Requirement a:.............................................................................................................................2Requirement b:.............................................................................................................................3Answer to 28.2:................................................................................................................................3Answer to 28.15:..............................................................................................................................3Answer to 11.9:................................................................................................................................4Answer to 10.19:..............................................................................................................................4Requirement a:.............................................................................................................................4Requirement b:.............................................................................................................................5Answer to 8.17:................................................................................................................................5Answer to 6.25:................................................................................................................................6Requirement a:.............................................................................................................................6Requirement b:.............................................................................................................................6Requirement c:.............................................................................................................................7Answer to 4.26:................................................................................................................................8Bibliography:.................................................................................................................................10
2ACCOUNTING FOR COST STRUCTURE
3ACCOUNTING FOR COST STRUCTUREAnswer to Question 17.19:In the books of Lurline Ltd.Journal EntriesDr.Cr.DateParticularsAmountAmount30/06/2021Employee CompensationExpense A/c.Dr.50000To,Employee Stock OptionOutstanding A/c.50000Profit & Loss A/c.Dr.50000To,EmployeeCompensation ExpenseA/c.5000030/06/2022Employee CompensationExpense A/c.Dr.100000To,Employee Stock OptionOutstanding A/c.100000Profit & Loss A/c.Dr.100000To,EmployeeCompensation ExpenseA/c.1000001/7/2022Bank A/c.Dr.500000Employee Stock OptionOutstanding A/c.Dr.150000To,Equity Share CapitalA/c.450000To,Securities Premium A/c.200000
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