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I need some pointers on the rights/obligations of employers as none of the textbooks I have looked at provided detailed information. I am doing some past paper questions, currently doing 2005 Question 27 that asks the student to describe the rights and obligations of employers. Any help...

It depends on the industry, and it can vary greatly. For example, the airline industry is a highly capital intensive industry, which makes the Solvency ratio seem low compared to other industries.

I got 100% YAY! So happy to get a good mark after the effort I put in :)

that so true! i felt like giving up, but im glad i stuck with it now because year 12 is such a bludge! and i got a distinction too! i really want to find out my mark though...

Hey, Just wondering which balance day adjustments are reversed on the day following the end of financial year? Are they: Accrued expense Accrued income Income received in advance Prepaid expense ?? Thanks guys.

I'm pretty sure that will Bank Reconciliations they will specify EITHER the Cash at Bank Ledger OR the Cash Balance Summary. I have been doing past papers from as far back as 2005, both mid year and end of year exams, and there has not been one case where you are required to do both. I am also...