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 - Papa Corporation issues three (3) shares in exchange for each ordinary share of Sansa Company. All of Sansa Company's shareholders exchange their shares. Thus, Papa Corporation issues 150 shares in exchange for all 50 shares of S Company.
The fair value of each share of Sansa Company is P30. The quoted market price of Papa Corporation's shares on the said date is P22.50 per share.
The fair value of Papa Corporation's identifiable assets and liabilities are the same as their book values, except for its non-current assets which have a fair value of P1,500.
Required -
1. Solve for the fair value of consideration transferred.
2. Determine the amount of goodwill.
3. Prepare the consolidated statement of financial position.
During December, a department completed 2,500 units of a product that has a standard materials usage. Compute the materials variances
What is the entry to recognize the payment of salary of the caretaker? Paulo Jake is the caretaker of the farm where the breeding stocks of Philippine Council
The bank erroneously credited bacon company for 21,000 on June 22. What is the unadjusted cash in bank per ledger on june
What is the title of the account to which the $1,100 ($13,750 x 8%) is credited?
Indicate whether each of the following involves an upward or downward shift in the long-run average cost curve or, instead, involves a leftward or rightward movement along a given curve. Also indicate whether each will have an increasing, decreas..
Prepare Volvo's journal entry to record its cost (utilizations) related to its warranty program for 2008
nancy gave her grandson sean twenty acres of land. her tax basis in the land was 25000. nancyamp39s marginal tax rate
What is the approximate interest rate that Punjab will incur on this loan, assuming annual compounding
you have been nominated by your institution for aseminar because of your proficiency in basic accounting concepts.the
Effect of adjusting entries on the accounting equation, Each of the following independent events requires a year end adjusting entry.
Prepare the necessary journal entries related to the stock-option plan for the years 2009 through 2013.
Identify a company (name and location) that provides manufacturing automation using robotics. Describe some of the robotic operations that are featured on the company website.
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