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Problem 1: Justin Company purchased a plant facility consisting of land and building 1 point from Joshua Company in exchange for 200000 shares of Justin's share capital. On the acquisition date. Justin's shares had a closing market price ' of P65 on a stock exchange while its par value is P50. The plant facility was carried in Joshua's books at P3,000.000 for the land and P8,000,000 for the building at the exchange date. Current assessed values for the land and building, reapectively are P4500000 and 7,000,000. How much should the Land he recorded in the books?
Interview a health care leader of your choosing. Discuss topics related to leadership style and the roles and responsibilities of leadership and management.
Compute the allocated transaction price of the day pass, two meals, and parking for Summer Fun Park assuming the sale of 625 promotional packages on July
prince companys total overhead costs at various levels of activity are presented below month direct labour-hours total
Absco uses the expected value method of measuring variable consideration Accordingly, it has determined. What is the total transaction price for this contract?
Journalize the entries to record the accrued pension liability on December 31, 2015 (on page 11 of the journal) and the payment to the funding.
Explain how a flexible budget will overcome this problem. Use the details of your newly prepared budget for the 4th quarter of 2016 to address her concern.
Imagine that you are advising an investor who is considering purchasing bonds issued by the selected company. Analyze the types of bonds the chosen company.
Prepare journal entries to record:a. the January 1, reversing entriesb. the March 1, $4,326 collection of the note receivablec. the May 1, $6,300 payment
Using its credit history, Atlas decides to increase its allowance account by 3% of credit sales. Calculate the allowance for uncollectible accounts
based only on the information provided for each scenario determine whether gus or rob will benefit more from using the
Prepare the adjusting entry at December 31 to accrue the estimated warranty cost, assuming no warranty claims have been honored to date.
quality data manufactures two products cds and dvds both on the same assembly lines and packaged 10 disks per pack. the
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