User Account

All Pages

Is this adjusting or non-adjusting event and why

Assignment Help Accounting Basics
Reference no: EM132643006

Question - Isomin Ltd holds shares in another listed company. The share price of this company dropped unexpectedly by 35%. These shares make up 5% of the total investment portfolio held by Isomin Ltd. Is this adjusting or non-adjusting event and why?

Reference no: EM132643006

Questions Cloud

Prepare Metlock December adjusting entry : The company expects 30% of the UPC codes to be sent in. During 2020, 96,000 UPC codes were redeemed. Prepare Metlock's December 31, 2020, adjusting entry
Describe the value judgments or judgment conflicts : There are special populations such as children and youth, the elderly, the homeless, individuals with physical and mental disabilities, police brutality victims
Prepare bank reconciliation : A 600 loan amortization of Jane Co. was erroneously debited by the bank to Tarzan Co.'s account. Prepare bank reconciliation
Discuss the dissertation topics : Discuss the below dissertation topics and brief introduction to the literature review as well as develop a PPT. What are your gaps?
Is this adjusting or non-adjusting event and why : These shares make up 5% of the total investment portfolio held by Isomin Ltd. Is this adjusting or non-adjusting event and why
Examine personally identifiable information : Examine personally identifiable information and show the importance of physical security. Understanding the nature of personally identifiable information
Explain the roles of heredity and environment : For your Final Paper, you will identify and synthesize the concepts and constructs of personality theory that you find to be the most accurate and appropriate.
What is the learning curve percentage : The first job by a new employee averages 70 minutes and the second job averages 25.2 minutes. What is the learning curve percentage
What do think about data mining : What do you think about data mining and its implication for privacy? What is the threshold between discovery of knowledge and infringe- ment of privacy?

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is a database discuss the types of database systems -

what is a database? discuss the types of database systems - hierarchical network relational object oriented etc. out of

  How much in operating cost should brown budget for next year

Brown expects Spirit to generate, on average, 3,600 freight miles each month next year. How much in operating costs should Brown budget for next year?

  Make the journal entry to record the sale

Make The journal entry(ies) to record the sale and related cost of goods sold for Ivanhoe Inc. on January 2, 2017, and the payment on January 7, 2017.

  Discuss revenue recognition between ifrs and gaap

analyze at least two (2) major differences regarding revenue recognition between IFRS and GAAP

  The company desires that the inventory on hand at the end

walsh company expects sales of product w to be 59000 units in april 74000 units in may and 69000 units in june. the

  What is the amount of inventory to be reported

What is the amount of inventory to be reported on the financial statements?

  Would you buy an autonomous car in the first

Would you buy an autonomous car in the first year such cars are on the market? (Assume you were going to buy a new car anyhow, that the car itself appeals to you, and that its price is reasonable.) If not, when do you think you would?

  Cutting and finishing component kits are produced in the

ogden office outfitters began making high-quality office furniture in january. the companys executive desks are

  What is the fair price for aldebaran shares

From Year 11 onwards, it should pay a dividend of $3.00 per share. What is the fair price for Aldebaran's shares, if its shareholder require a return of 8% p.a.

  Compare and contrast the methods

Compare and contrast the methods that can be used in accounting for investments. How does a company choose a method? What are the advantages and disadvantages of each?

  Probability that the customer will end up

The customer accepts this gesture of goodwill and 9 units are sent. What is the probability that the customer will end up with at least 8 working computers?

  Morgan company is considering a capital investment of

morgan company is considering a capital investment of 180000 in additional productive facilities. the new machinery is

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