How much is preference share that will appear

Assignment Help Accounting Basics
Reference no: EM133150644

Question - On January 5, 20x1, Aloncho Corp. issued the following shares:

Preference share, P100 par value, 10,000 shares issued for P110.

Ordinary share, P50 stated value, 20,000 shares issued for P60.

How much is Preference share that will appear in the Shareholders Equity Section of the Company?

How much is Ordinary share that will appear in the Shareholders Equity Section of the Company?

How much is share premium that will appear in the Shareholders Equity Section of the Company?

Reference no: EM133150644

Questions Cloud

Determine what your role is in a workplace : How can you determine what your role is in a workplace, group or membership to a club etc?
Experience supporting a group activity : List three resource shortages you might experience supporting a group activity. How do you report the shortages to your supervisor and inform others when they a
Discusses several strategic leadership issues : Discusses strategic trade-offs that are different between Walmart and Nordstrom even though they are in the same industry.
What amount be considered for evaluation of common company : Fixed Overhead pertains to salaries of departmental personnel and other controllable costs. What amount should be considered for evaluation of Common company
How much is preference share that will appear : Ordinary share, P50 stated value, 20,000 shares issued for P60. How much is Preference share that will appear in the Shareholders Equity Section of the Company
Person engaged in supporting group activities : What are the legal and ethical considerations for a person engaged in supporting group activities?
Ethics and professional conduct in business : At the end of the current month, Jonni Rembert prepared a trial balance for Star Rescue Service. Discuss whether Jonni is behaving in a professional manner.
Reshaping how people think about family : How are social and technological changes reshaping how people think about family?
Implementable strategies for international businesses : Develop implementable strategies for international businesses and Understand advanced theories and concepts in international strategic management

Reviews

Write a Review

Accounting Basics Questions & Answers

  Determine the weighted-average contribution margin per unit

Tiago makes three models of camera lens. Its product mix and contribution margin per unit follow: Determine the weighted-average contribution margin per unit

  Woolen textile had an annual turnover

The Woolen textile had an annual turnover of INR 8 billion with poor profitability." what does INR stand for and what does it mean in plain English?

  What would be the balance of the deferred tax asset

The machine is acquired on 1 July 2015 at a cost of $500,000. What would be the balance of the deferred tax asset or deferred tax liability as at 30 June 2018

  What the estimated liability for premiums at december

What the estimated liability for premiums at December 31, 2020. Liabilities accrued in the previous year will be redeemed in the immediate subsequent period.

  Discuss what is the dollar amount of each type of service

What is the dollar amount of each type of service that must be performed by each service outlet to meet its target net income per outlet

  Steelcase inc is the global leader in providing furniture

steelcase inc. is the global leader in providing furniture for office environments. the company uses the lifo inventory

  What was cash inflow or outflow from investing activities

In preparation for developing its statement of cash flows for the year just ended, D-Rose Distributors collected the following information

  Formula for calculating the adjusted basis of property

Identify and describe the general formula for calculating the adjusted basis of property.

  Review the case of the winterton group

Winterton Group The Winterton Group is an investment advisory firm specializing in high-income investors in upstate New York.

  A current asset on emmet co. balance sheet.

A current asset on emmet co.'s balance sheet.

  Show balance sheet presentation of the receivable accounts

Milton Company closes its books on its July 31 year-end. The company does not make entries to accrue for interest except at its year-end.

  Find the balance of prepaid insurance

Operating Expenses and cash paid for expenses consisted of amounts for insurance and wages only. Find the 1/1/24 balance of Prepaid Insurance

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!

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