Calculate the dividend that should be distributed if any

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Question 1. Please elaborate the 2021 yearly (not monthly) Income statement (per city and total, as shown in the chart above) and the 31/12/21 and 01/01/22 total Balance Sheet (not necessary the B/S per city). Show your calculations including the formulas and comment the assumptions if any

Question 2. Journalize the following book entries: yearly depreciation, capital increase and disbursement, bonds issuance and coupon rate first interest payment. Also calculate the dividend that should be distributed if any, and in that case show the book entry that should be journalized and when should it be accrued. Show your calculations including the formulas and comment the assumptions if any

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Reference no: EM132497475

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