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!
Problem 1: Pember Corporation started business in 2009 by issuing 200,000 shares of P20 par ordinary shares of P36 each. In 2014, 20,000 of these shares were purchased for P52 per share by Pember Corporation and held as treasury shares. On June 15, 2015, these 20,000 shares were exchanged as part payment for a piece of property that had a market based value of P 1,310,000. Pember's shares are actively traded and had a fair price of P60 on June 15, 2015. The cost method is used to account for treasury shares. The amount of share premium - treasury resulting from the above events would be
a. P 160,000 c. P 480,000 b. P 390,000 d. P 800,000
Company's assets are $300,000 and the its equity is 100,000. during the year, asset increase $800,000 and liabilities increase to $50,000.What is the equity?
Based on the AFN equation, Find what is the AFN for the coming year? The firm is operating at full capacity. Data for use in your forecast are shown below.
Illustrate what type of cash flow pattern is this? What formula would you use to solve this problem? (Write down the formula!) When you put the above given numbers into your formula, do you get the same answer? Why or why not?
Under the periodic inventory system:
BondsRus, Inc issued 10 year semi-annual bonds on January 1, 2014 at 103 with a face amount of $400,000 and a coupon rate of 7%. They use the straight-line method to calculate interest expens. Prepare the journal entry for the bond issuance by BondsR..
The data which follows was extracted from the books of account of H. Kirk, an engineer, on 31 March 2016, his financial year end.- You are required to allocate each or part of the items above to either capital or revenue expenditure.
FNS40215 Certificate IV in Bookkeeping Assessment. What are some of the main sectors of the financial services industry? List at least five
NCI Building Systems reports the following footnote to one of its recent 10-Ks related to its manufacturing of metal coil coatings and metal building components
What is the cost of the raw materials requisitioned in June for each of the three jobs?
Which an example of a personal and employment document is a? Total earnings of a person less deductions for taxes and other items is called
ACG2021 Financial Accounting Assignment Question. Prepare a trial balance as of the end of September and Prepare journal entries for each transaction
Direct Materials Inventory, January 1: $68,000. Compute the budgeted amount for cash payments during the year to suppliers of materials
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