You are required to open the asset and liability and capital accounts and record the following transactions for July 2008 July 1 Started business with £15,000 in the bank.

July 2 Bought office furniture by cheque £1,200.

July 3 Bought a van paying by cheque £6,010.

July 8 Repaid by cheque a loan owed to F Duff £10,000.

July 10Sold some of the office furniture – not suitable for the business – for £150 on credit to

D Twig & Sons

July 19The owner puts a further £4,000 cash into the business.

July 20 Bought machinery £1,400 on credit from Trees Ltd.

July 25The owner takes out £200 cash for his personal use

July 27Paid the amount owing to Trees Ltd £1,400 by cheque.

July 30Bought more machinery by cheque £650.

Eliminating entries (including goodwill impairment) and worksheets for various years on january 1, 2013, porter company purchased an 80% interest in the capital stock of salem company for$850,000. at that time, salem company had capital stock of $550,000 and retained earnings of $80,000.differences between the fair value and the book value of the identifiable assets of salem company were asfollows: fair value in excess of book valueequipment$130,000land65,000inventory40,000the book values of all other assets and liabilities of salem company were equal to their fair values onjanuary 1, 2013. the equipment had a remaining life of five years on january 1, 2013. the inventory was sold in2013.salem company’s net income and dividends declared in 2013 and 2014 were as follows: year 2013 net income of $100,000; dividends declared of $25,000year 2014 net income of $110,000; dividends declared of $35,000required: a.prepare a computation and allocation schedule for the difference between book value of equity acquired andthe value implied by the purchase price.b.present the eliminating/adjusting entries needed on the consolidated worksheet for the year endeddecember 31, 2013. (it is not necessary to prepare the worksheet.)lo6lo1

Burberry is pursuing a focused differentiation strategy aimed at high-end luxury customers. however, the company is also employing a segmentation strategy to separate customers within that focus. the strategy offers items at an entry-level price point for customers who desire to be like celebrities such as sarah jessica parker as well as couture items for those richest and celebrity customers. what strategy is burberry pursuing?

The new york stock exchange is an example of what type of stock market?