Kevin is the owner of a small hull-based firm which, Ask an Expert

Accounting

Kevin is the owner of a small Hull-based firm, which specialises in office removals. He operates with two vans and three employees. He contracts to remove two partners in a firm of accountants, who are moving from their main office in Hull to establish a branch office in Scunthorpe. To minimise the disruption to office routine, the move is to take place on a Sunday. What is the legal position in the following situations?

(a) The Humber bridge is closed because of high winds (the only alternative route is a much longer and more expensive journey via Goole).

(b) As a conservation measure, the government imposes regulations banning business traffic from the roads on Sundays.

(c) Kevin takes on a house removal for the same day. One of the vans fails its MOT on the Friday and Kevin decides to use the only one available for the house removal.

(d) Kevin and his three employees are taken ill with influenza and are not well enough to carry out the move.

(e) Kevin completes the removal except for one filing cabinet which he did not have room for. He refuses to make a special journey for it because 'it would cost too much in petrol'.

View complete question

Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91644505
Price:- $25

Guranteed 24 Hours Delivery, In Price:- $25

Have any Question?Write your Review or question?

Related Questions in Accounting Basics

Question - the following list of accounts appear in

Question - The following list of accounts appear in alphabetical order and were taken from ABC Corporation's ledger as of December 31, 2018. The Accounts Payable records were missing. Accounts Payable $? Inventory $7,000 ...

Question - revenue recognitionmidwest health club mhc

Question - Revenue Recognition Midwest Health Club (MHC) offers 1-year memberships. Membership fees are due in full at the beginning of the individual membership period. As an incentive to new customers, MHC advertised t ...

Question - stewart company purchases store supplies for

Question - Stewart Company purchases store supplies for $2,700, paying 20% of the amount due in cash and agreeing to pay the balance at a later date. Required: What is the effect of this transaction on individual asset a ...

Question - internet assignment search the internet an

Question - Internet Assignment Search the Internet (an entity's website) and find an audit report of the entity's audit of internal control over financial reporting. Determine the following: 1. Did the entity used the co ...

Question - horngrens financial amp managerial

Question - HORNGREN'S Financial & Managerial Accounting Preparing the statement of cash flows-indirect method Accountants for Carlson, Inc. have assembled the following data for the year ended December 31, 2016: 2016 201 ...

Question - on january 1 2016 sinclair corp bought equipment

Question - On January 1, 2016, Sinclair Corp. bought equipment using a $10,000,000 zero-interest-bearing bond due on January 1, 2021. The prevailing rate of interest for a note like this on January 1, 2016 was 7%. What a ...

Question - the asset account office supplies had a

Question - The asset account, office supplies had a beginning balance of 5700. During the accounting period, office supplies were purchased, on account for 5100. A physical count, on the last day of the accounting period ...

Question - splish company purchased equipment for 221000 on

Question - Splish Company purchased equipment for $221,000 on October 1, 2017. It is estimated that the equipment will have a useful life of 8 years and a salvage value of $12,480. Estimated production is 40,100 units an ...

Question - phil goode will receive 112000 in 19 years his

Question - Phil Goode will receive $112,000 in 19 years. His friends are very jealous of him. If the funds are discounted back at a rate of 14 percent, what is the present value of his future "pot of gold"?

Question - on january 1 2017 palka inc acquired 70 percent

Question - On January 1, 2017, Palka, Inc., acquired 70 percent of the outstanding shares of Sellinger Company for $1,479,800 in cash. The price paid was proportionate to Sellinger's total fair value, although at the acq ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Accounting Basics Expert