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Question 1: Pre acquisition entries.On 1 June 2020; Joe started Company A with an investment of $1000. Journal entry in A'books?
Question 2: Balance sheet of Company A on 1 June 2020?
On 10 June 2020; Company A started company B with an investment of $200.
Question 3: Journal entry in A'books?
Question 4: Journal entry in B'books?
Question 5: Balance sheets on 10 June of A and B?
If you are a risk averse investor and would like to invest into security/stock market, which company will you be more likely to invest and why?
the trial balance of Darby Company contained the following amounts before adjustment.
Dresses sold at $125.00 each. The cost of each dress was $55.00. What was the gross margin in both dollars and percentage?What would be the selling price
Balance Sheet Analysis: Complete the balance sheet and sales information on the table that follows for J
On January 1, 2013, Badger Inc. adopted the dollar-value LIFO method. The inventory cost on this date was $108,000. The 2013 ending inventory, valued at year-end costs, was $132,300. Suppose that Badger's 2015 ending inventory, valued at year-end cos..
Make a trading, profit and loss account for the year ended 31st March 2018. Purchases include 4000 kg tea valued at Shs.20,000, which was found totally spoilt.
Assuming that Auerbach issued the bonds for $311,076,000, what would the company report for its net bond liability balance after its first interest payment
How to Identification of industry and economic elements associated with the company, including recent events and announcements impacting
What is the difference between operations costing and a process costing system? How does a company decide whether to use a job order or a process cost system? How does the treatment of costs differ in ABC systems as opposed to traditional cost system..
you are the newly hired accountant for the gift shop. the owner has just received the december 31 2008 bank statement
Compare the amount shown on the year-end balance sheet for the leased asset with that of the lease obligation for the years 2011 through 2015 and explain why the amounts differ.
Imagine that you are the cost accounting manager and the director of your present or past organization. Management wants your opinion on whether the company should manufacture a new electric car. You informed management that you will need to perform ..
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