User Account

All Pages

Explain pt ayah accounting treatment bove

Assignment Help Financial Accounting
Reference no: EM132977071

During 2018 PT Ayah conducted the following investment transactions:

  • PT Ayah bought 15% of the outstanding shares of PT Sandang. PT Ayah actively trades shares in PT Sandang to obtain short-term profits.
  • PT Ayah bought 45% of the total 200,000 outstanding shares of PT Bakti. PT Ayah also owns 7,500 convertible preferred shares issued by PT Bakti. Each convertible preferred share can be converted into 10 shares of common stock. The total preferred shares issued by PT Bakti are 10,000 shares.

Requested:

Problem 1: Explain PT Ayah's accounting treatment for each of the above investments based on ifrs.

Reference no: EM132977071

Questions Cloud

Determine the amount of liability at December : Determine the amount of liability at December 31, 2016 for each of the following independent cases: Customers advances, 12/31/15 P 500,000
Does mortgage obtained get recorded as an investing activity : Does the mortgage obtained get recorded as an Investing Activity in the cash flow statement OR does the mortgage simply get recorded as a liability
How much do need to pay every month : How much do you need to pay every month? You are granted a personal car loan for the total borrowing amount of $20,000 over 5 years.
What the depreciation expense : MNO will adopt this practice. On the consolidated statement of financial position at December 31, 2021, what the depreciation expense
Explain pt ayah accounting treatment bove : PT Ayah bought 15% of the outstanding shares of PT Sandang. Explain PT Ayah's accounting treatment for each of the above investments based on ifrs.
Prepare the appropriate adjusting journal entry : Prepare the appropriate adjusting journal entry(s) that Intention Incorporated would make on May 31, 2013 to account for the delivery
Which project should be selected for expansion plan : If project A and project B are mutually exclusive and Claremont Building Ltd has not constraint on funding, which project should be selected for expansion plan?
Objective of the performance plan : Objective of the performance plan is to focus on the organisations key goals and objectives in line with ‘Service standards statement' available in the toolbox.
What will be the increase in operating cash flow : What will be the increase in operating cash flow if quantity sold increase by 5%when the firm's degree of operating leverage is 5.5? Provide calculation.

Reviews

Write a Review

Financial Accounting Questions & Answers

  The overall effect of depreciation

The overall effect of depreciation is to ... Which of the following are considered financial markets that facilitate the flow of funds from entities with surplus funds to the entities that have funding needs in excess of their incomes?

  Benefits and drawbacks of implementing systems

In response to your peers' posts, discuss the benefits and drawbacks of implementing such systems.

  What is the yield to maturity for hath foods

Hath foods bonds have 12 years remaining to maturity. interest paid annually. The bonds sell at a price of $850. what is their yield to maturity?

  Compute the amount of cash received from total sales

Memphis Company anticipates total sales for April, May, and June of $800,000, $900,000, and $950,000 respectively. Cash sales are normally 25% of total sales. Of the credit sales, 30% are collected in the same month as the sale, 65% are collected dur..

  What was shareholders equity as of december

What ($ in 000s) was shareholders' equity as of December 31, 2012? What ($ in 000s) was shareholders' equity as of December 31, 2012?

  What ramsey share of vapor income for

£80,000 and declared a dividend of £40,000. Ramsey accounted for the investment using the equity method. Ramsey's share of Vapor's income for 2019 is

  Not only did our salespeople do a superior job in meeting

not only did our salespeople do a superior job in meeting the sales budget this year but our manufacture people did a

  Determine the expected rate of return for the stock

Under these assumptions, how much can she spend each year after she retires? Her first withdrawal will be made at the end of her first retirement year

  Calculate the balance in the retained earnings account

Kay Corporation reported a net income of $203,670 for 2020. Calculate the balance in the retained earnings account at December 31, 2020

  Show the proper accounting treatment of the 273000 714000 -

show the proper accounting treatment of the 273000 714000 - 441000 by which the cost of first machine exceeded the cost

  What gain and net reduction in retained earning respectively

There were 270,000 shares of Stain outstanding. What gain and net reduction in retained earnings respectively, would result from this property dividend?

  What is the potential impact of the policy on apple

What is the potential impact of the policy on Apple's capital structure? Discuss Apple's financial positions

Free Assignment Quote

Assured A++ Grade

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd