User Account

All Pages

How much is the shareholders equity

Assignment Help Accounting Basics
Reference no: EM133126276

Questions -

Q1. Related data of Mariah Company:

Authorized share capital 5,000,000

Retained earnings appropriated 600,000

Retained earnings unappropriated 300,000

Revaluation surplus 200,000

Share premium 500,000

Subscribed share capital 1,000,000

Subscription receivable 400,000

Treasury shares 250,000

Unissued share capital 2,000,000

How much is the Shareholders' equity?

Q2. Artista issued additional shares of 10,000 in exchange of an equipment.

Par value of the share is 20.

Fair value of the share is 30.

Fair value of the equipment is 350,000.

How much is the share premium?

Q3. Artista issued additional shares of 500 for the service rendered by the independent CPA of the corporation in relation to Organization cost.

Contract with the CPA is 10,000

Fair value of the shares is 30 each.

Par value is 20 each.

How much is the share premium?

Q4. Argentina Company undertakes an initial public offering (IPO) for the listing & issuance of 60,000new shares and listing of 40,000 old existing shares.

Related costs:

Consultant fee - PR P60,000

Documentary stamp tax 10,000

Listing fee 300,000

Newspaper publication fee 200,000

Fairness Opinion & valuation report 130,000

Other joint costs 375,000

SEC filing fee 15,000

CPA and legal fees 420,000

Underwriting fees 120,000

Total 1,630,000

a. How much is the share premium?

b. How much is the share listing fee?

Reference no: EM133126276

Questions Cloud

Explain the difficulties in regulating international banking : (A). Explain the difficulties in regulating international banking.
Explain current market distresses : Discuss how class consciousness can explain current market distresses. Next, discuss how the automation of routine task activities impact employment.
Find the equilibrium point graphically : Find the demand function that is exponential and fits the data using Excel or calculator.
Explain about the current potency of world stagflation : Explain about the current potency of world stagflation following the commodity super cycle era!
How much is the shareholders equity : Related data of Mariah Company: Authorized share capital 5,000,000 and Retained earnings appropriated 600,000. How much is the Shareholders' equity
Develop practical solutions to real- world business problems : Issues dealing with implementation of appropriate information systems to both technical and non-technical audiences within a business context
How much gross income will they need : A client has a total yearly gross income of $80,000 plus the following monthly expenses: mortgage payment $1,500, How much gross income will they need
What types of fixed assets does the company have : What types of fixed assets does the company have and what depreciation method(s) do they use for their different fixed assets
Prepare the journal entry to record the issuance of bonds : Pueblo Company issued €500,000 of 5 year, 8% bonds at 97 on January 1, 2020. The bonds pay interest annually. Prepare the journal entry to record the issuance

Reviews

Write a Review

Accounting Basics Questions & Answers

  Competitive advantage to the company in the market space

Assess how using an ABC system can provide a competitive advantage to the company in the market space it operates and the resulting impact to the business performance.

  What amount is attributed to goodwill on date of acquisition

Hefner Corporation has the following stockholders' equity accounts: What amount is attributed to goodwill on the date of acquisition

  How much loss may Lacy recognize

Four GRRLs Partnership is owned by four girlfriends. Lacy holds a 40% interest; each of the others owns 20%. How much loss may Lacy recognize

  What will be your monthly payment

If you need to borrow $9,300 to purchase your dream Harley-Davidson, what will be your monthly payment

  Find a good or optimal integer solution

Elizabeth Bailey is the owner and general manager of Princess Brides, which provides a wedding planning service in southwestern Louisiana.

  What has been the response of governments in australia

What has been the response of governments in the EU and Australia to try to have appropriate taxation paid by such companies

  Calculate the balance of the decommissioning obligation

Calculate the balance of the decommissioning obligation at each 31 December, from 20X5 to 20X8. Calculate the present value of the decommissioning obligation

  Compute the break-even point in dollars under each of the

fredonia inc. had a bad year in 2013. for the first time in its history it operated at a loss. the companys income

  England company had gross wages of 50000 during the week

england company had gross wages of 50000 during the week ended december 10. the amount of wages subject to federal and

  What will average inventory have to be during current year

what will average inventory have to be during the current year

  Explain the purpose of adjusting entries as they relate

explain the purpose of adjusting entries as they relate to the difference between cash and accrual accounting

  Definition and recognition criteria of an asset

Explain whether this customer list would meet the definition and recognition criteria of an asset, applying the principles in 2018 Conceptual Framework.

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