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!
Question - Accountancy Company acquired 75% of the outstanding shares of Finance Company for P900,000. Book value of Finance Company's net assets is P1,000,000. Upon re-measurement of the acquiree's net assets, it shows that inventory is overstated by P40,000 and an equipment held for 3 years has a fair value and book value of P420,000 and P360,000, respectively. The original cost of the equipment if P576,000 with no residual value. The NCI was measured at its fair value of P275,000. During the year, Accountancy reported net income from separate operation of P350,000 and received P42,000 dividend from Finance Company. The net income of Finance Company is reported at P135,000. Goodwill impairment attributable to the controlling interest is P13,500. Compute the consolidated net income attributable to the parent.
Weekly lunches and snack cost $15 per child. How much should they charge per child to break even
Kingston Company purchased a piece of equipment on January 1, 2012. The equipment cost $120,000 and had an estimated life of 8 years and a salvage value of $15,000. What was the depreciation expense for the asset for 2013.
Calculate the amount of accumulated depreciation relating to the equipment that would appear on Plato Company's December 31, 2023 balance sheet
Prepare the necessary journal entries related to the stock option plan for the years 2011 through 2015
The spot rate was $2.80 per 100 rupees and the option premium was $0.004 per 100 rupees. What is the fair value of the option on 1 December 20x1
Prepare the appropriate journal entries for 2020 and 2021. Sheridan Ltd. sold on account 1,400 units of its product for a total price of $561,000
You have been asked to provide advice to the management of Fiji Limited on treat the following items in the financial statements
Julie Molony opened Julie's Maids Cleaning Service on July 1, 2010. Journalize and post the July transactions. Use page J1 for the journal
What interest rate (to the nearest percent) was used to determine the amount of the annuity
Draft a memo to a client comparing the advantages and disadvantages of using forward contracts and options to hedge foreign exchange risk.
You have been charged with preparing year-end adjusting entries along with a multiple-step income statement and a classified balance sheet for Fat Tire, Inc., a wholesaler of bicycles and bicycle parts. The financial statements will cover the year e..
If the Bulldogs Inc. has a unfavorable total gross profit variance of 600,000 and total assets of P5,920,000, what is the actual return on assets
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