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!
Question - AKSK Berhad obtained listing on Bursa Malaysia on 1 June 2020. On this date, AKSK Berhad's Board of Directors unanimously decided to issue 500,000 ordinary shares at RM1.50 per share to market participants with the aim of obtaining capital injection into the company. The closing date for applications was 1 July 2020 and the issue price were payable as follows:
RM0.50 on application.
RM0.60 on allotment.
a further call of the remaining RM0.40 when required.
On 1 July 2020, AKSK Berhad received applications for 500,000 ordinary shares. The shares were allotted on 5 July 2020. On 1 August 2020, all the allotment money was received from the market participants. AKSK Berhad's directors made the call for the remaining RM0.40 per share on 5 December 2020. The call money was received on 15 December 2020 for 500,000 ordinary shares. AKSK Berhad's financial year ends on 31 December every year.
Required - Journalize the transactions regarding the issue of shares above.
Financial Statement Analysis and Preparation
Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?
An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.
Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.
This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited
Prepare general journal entries for Goela Ltd
Prepare the journal entry to record the acquisition of the assets.
Prepare general journal entries to record the transactions, assuming use of the periodic inventory system
Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.
Explain the IASB Conceptual Framework's perspective of users and their decisions.
T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .
Computation of Free Cash Flow
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