Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Joint venture accounting
Question: joe and faith were partner partners in the following scheme, joe to take five ninths, and faith fourth ninths of the profits. They agree to guarantee the subscription at 85000 shares of 10 naira each in a company and to pay all expenses up to allotment, in consideration of the company's issuing to them 11500 other shares fully paid. Joe provided cash for registeration and fee 1,140, advertising 21,150 printing and prospectus 2,250.
Faith paid cash for rent of office 400, secretary etc.950, petty cash and sundries 250, stamps 780 solicitor charges 250. Application fell short of the 85000 shares by 3500 and faith paid that number on joint account. The company handed joe and faith the 11,500 shares. They then sold all their shares at 8.20 each less brokage of 0.20 per share. Faith received the net proceeds of 5000. Joe of 10000. Prepare joint account and separate the research accounts of the partners, showing their share of starts. Profit and the amount due to each other in settlement
Explain the fraud that occurred at HealthSouth Corporation. What was the ultimate result of the prosecution of HealthSouth officials?
a company sells computers at a selling price of 1400 each. each computer has a 2 year warranty that covers replacement
Explain why the overhead cost related to website optimization was first divided into two categories (unframed prints and framed prints) and then allocated based on number of prints.
bauer fabrications ltd. of edinburg scotland has recently begun a continuous improvement campaign in conjunction with a
Define the term database. How is it different from a database management system?
cole company has sales revenue of 39000 cost of goods sold of 24000 and operating expenses of 9000 for the year ended
jorge company bottles and distributes b-lite a diet soft drink. the beverage is sold for 50 cents per 16-ounce bottle
a company has a minimum required rate of return of 9. it is considering investing in a project that costs 75000 and is
Are there any losers with the TUI system described in this case? If so, who are they? Is this system justified despite creating losers?
The price of movie tickets for opening day and the few days following compared to the price six months later is an example of
long-term decision making list a few of the issues and considerations businesses should have when it comes to the
mccoys fish house purchases a tract of land and an existing building for 970000. the company plans to remove the old
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd