Sox Ltd Has Two Classes of Ordinary Shares: 100 000

question 6

Multiple Choice

Sox Ltd has two classes of ordinary shares: 100 000 fully paid A ordinary shares (paid-up share capital $100 000) and 25 000 fully paid B ordinary shares (paid-up share capital $100 000) .The company was placed in liquidation.Liquidator's fees totaled $85 000, the assets were sold for $1 775 000 and these assets had a carrying amount of $1 600 000.
-Which of the following entries is most likely to correctly show the members' distribution account of Sox Ltd?

• A)\(\begin{array} { l c c }
• & \text { Debit (\$) } & \text { Credit (\$) } \\
• \text { Paid-up capital } - \text { A ordinary } & & 100000 \\
• \text { Paid-up capital - B ordinary } & & 100000 \\
• \text { Retained profits } & ? & \\
• \text { Reserves } & ? & \\
• \text { Liquidation } & ? & \\
• \text { Receipts and payments account } & ? &
• \end{array}\)
• B)\(\begin{array}{lcc}
• & \text { Debit (\$) } & \text { Credit (\$) }\\
• \text { Paid-up capital }-\text { A ordinary } &&100000 \\
• \text { Paid-up capital }-\text { B ordinary } & &100000 \\
• \text { Retained profits } &? & \\
• \text { Reserves } & &? \\
• \text { Liquidation } & ? & \\
• \text { Receipts and payments account } & ? &
• \end{array}\)
• C)\(\begin{array}{lcc}
• & \text { Debit (\$) } & \text { Credit (\$) }\\
• \text { Paid-up capital }-\text { A ordinary } &&100000 \\
• \text { Paid-up capital }-\text { B ordinary } & &50000 \\
• \text { Retained profits } &? & \\
• \text { Reserves } & &? \\
• \text { Liquidation } & ? & \\
• \text { Receipts and payments account } & ? &
• \end{array}\)
• D)\(\begin{array} { l r r }
• & \text { Debit (\$) } & \text { Credit (\$) } \\
• \text { Paid-up capital } - \text { A ordinary } & 100000 & \\
• \text { Paid-up capital } - \text { B ordinary } & 50000 & ? \\
• \text { Retained profits } & & ? \\
• \text { Reserves } & & ? \\
• \text { Liquidation } & & ?
• \end{array}\)

Distinguish between job analysis, job description, and job specification, and their applications.

Identify sources and methods for gathering job analysis information.

Recognize the implications of job design and ergonomic considerations on employee performance and satisfaction.

Understand the process and components of work flow design and analysis.

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Definitions:

Statistically Significant

Refers to a result in data analysis that is not likely to occur by chance alone, indicating a genuine effect or difference in a study.

Probability

A measure of the likelihood that an event will occur, expressed as a number between 0 and 1, where 0 indicates impossibility and 1 indicates certainty.

Correlation Coefficient

A numerical measure that indicates the extent and direction of the relationship between two variables, ranging from -1 to 1.

Television Violence

Refers to the depiction of violent acts and situations on television programming and its potential impact on viewers' behavior and attitudes towards violence.