User Account

All Pages

How much share premium shall be recognized from the issuance

Assignment Help Accounting Basics
Reference no: EM133153265

Question - CFAS Corporation issued 20,000 ordinary shares of P100 par value in exchange for a parcel of land from a shareholder. The appraised value of the land at the time of the issuance of the shares is P2,500,000. The shares does not have a reliable fair value. How much share premium shall be recognized from the issuance?

Reference no: EM133153265

Questions Cloud

What is meant by a good quality education : What is meant by a good quality education - dministrative authorities or legislative bodies, the best interests of the child shall be a primary consideration
Explain the statutory requirements with respect : List and briefly explain the statutory requirements with respect to insurance rates
Promote innovative practices : What would need to be incorporated within Starbucks in order to promote innovative practices?
Approach to organizational change that was taken : How do public or nonprofit managers assess the need for change in their communities? How do they envision change? How do they lead change?
How much share premium shall be recognized from the issuance : The appraised value of the land at the time of the issuance of the shares is P2,500,000. How much share premium shall be recognized from the issuance
How much liabilities are current as of december : The financial statements of the company were authorized to be issued on March 31, 2022. How much liabilities are current as of December 31, 2021
Offshore financial centers-bermuda : 1. You work for a global auto-parts company. Describe how you would use the spot and forward markets to manage the potential exchange rate risk between the coun
Explain the customer expectations : If you have met your customer's expectations, is your business vulnerable?
Toyota acceleration pedal scandal : Listen to the Malcolm Gladwell podcast, entitled, "The Blame Game" It is about the Toyota Acceleration Pedal Scandal. You can find the Mp3 file on the course mo

Reviews

Write a Review

Accounting Basics Questions & Answers

  Create a form that lists the superhero and identity that is

create a form that lists the superhero and identity that is sorted by the heros last name. this form should contain a

  Prepare the adjusting entries for the month of June

A utility bill for $150 has not been recorded and will not be paid until next month. Prepare the adjusting entries for the month of June

  Determine how BP free cash flow would change

Determine how BP's free cash flow would change if BP's inventory and accounts receivable balances were adjusted to meet the industry averages

  How many shares outstanding does publisher inc have

In 2021, Publisher reacquired 75,000 shares of its own stock. How many shares outstanding does Publisher Inc. have after the 2021 transaction

  How much is the remaining partnerships net assets

If TD was paid P93,100 upon his retirement, how much is the remaining partnerships net assets after TD's withdrawal

  Brown corp is thinking of investing 70000 to start a

brown corp. is thinking of investing 70000 to start a bookstore. brown plans to withdraw 15000 from the business at the

  Calculate kays ending inventory at march thirty first

Kay's beauty supply uses the gross profit method to estimate the cost ending inventory for in house interim. Calculate kay's ending inventory at March 31.

  Compute the equivalent units of production for the first

the franc zeppo venture manufactures a product that goes through two processing departments. information relating to

  Warren ltd has two production departments building a and

warren ltd. has two production departments building a and building b and two service departments maintenance and

  Compute taxable income and income taxes payable

(One Temporary Difference, Future Taxable Amounts, One Rate, No Beginning Deferred Taxes) South Carolina Corporation has one temporary difference at the end.

  Determine the amounts to be reported by Cameron

Lake declared and paid cash dividends of $30 million. The buildings have a remaining life of 5 years. Determine the amounts to be reported by Cameron

  Determine the debt to total assets ratio

Question - A company has total assets of $875,000 and total shareholders' equity of $350,000. Determine the Debt to Total Assets ratio

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