Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Point 1: On August 1, 2017, Ayayai Corporation acquired Kingbird, Inc. for a cash payment of $2.10 million. At the time of purchase, Kingbird's balance sheet showed assets of $4,350,000, liabilities of $2,550,000, and owners' equity of $1,800,000. The fair value of Kingbird's identifiable assets is estimated to be $4,250,000.
Question 1: Compute the amount of goodwill acquired by Ayayai.
On the first dy of its fiscal year, Pedro Dynamite Co. issued $11,000,000 of the five-year, 9% bonds, semiannually. The bonds were issued at an effective rate of 12%, and received proceeds cash of $9,785,645. What would the second semiannual interest..
Prepare the entries on the appropriate dates to record the declaration and payment of the cash dividend.
Lawyers & Company subscribes to three magazines and pays $140, $90 and $76, respectively, on 1 January 2014. The subscriptions are for one year and are recorded in Prepaid Subscriptions when paid. At 30 June 2014, what amount is recorded for ‘magazin..
The bookkeeper for Riley Inc. made the following errors: a cash purchase of supplies of $348 was recorded as a debit to Supplies for $384 and a credit to Cash of $384. a cash sale of $3,128 was recorded as a debit to Cash of $3,128 and a credit to Sa..
work in progress inventory on December 31, 2010, is expected to be 197,600. What is the budgeted cost of goods manufactured?
Edward has reported prominently in the prospectus that the break-even occupancy for the first four years is 65%. This is the amount of office space that must be leased to cover the interest and general upkeep costs over the first four years
question kee huat steel constructor managed to safe a fixed price contract from resort sentosa to build a
On January 1, 2014, Frontier Corporation had $1,112,000 of common stock outstanding that was issued at par. It also had retained earnings of $742,000. The company issued 40,700 shares of common stock at par on July 1 and earned net income of $396,300..
Bank reconciliation and adjusting entries; cash and cash equivalents [Appendix 7A] The bank statement for the checking account of Management Systems Inc. (MSI) showed a December 31, 2016, balance of $14,732.37. What amount would MSI report as cash an..
If PetCo had net sales of $600,000, goods available for sale of $450,000, and cost of goods sold of $375,000, what is its gross margin? What amount of inventory will be shown on its balance sheet?
Long-term bonds are a great investment because their interest rate is over 20%. Is Francine necessarily right?
Specialty Auto Racing Inc. retails racing products for BMWs, Porsches, and Ferraris. The following accounts and their balances appear in the ledger of Specialty Auto Racing Inc. on July 31, the end of the current year: Common Stock, $32par - $8,755,2..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd