User Account

All Pages

Make journal entries in the books of yeates to account

Assignment Help Accounting Basics
Reference no: EM132919182

Yeates ltd commenced operation on 1 july 2023 by issuing 15 million ordinary shares by the way of a direct private placement and at an issue price of $1.50 per share ( because it is a private placement there is no need to use a trust account). Shareholders were required to pay 1.00 on application, with a further 0.35 payable on 1 September 2023 and a further 0.15 payable 1 December 2023

Problem 1: A journal entries in the books of yeates to account for the issue on 1 July 2023 only

Reference no: EM132919182

Questions Cloud

Discuss and define hipaa : You are informed that not all staff members are familiar with the legal, ethical and regulatory implications. Your are asked to put together a training seminar
What are the benefits of b2c e-commerce : What are the benefits of B2C e-commerce, to both consumers and companies?
Explain the alternatives to leadership with examples : Companies started managing alternatives of leadership. With reference to the above situation, explain the alternatives to leadership with examples.
Revision of the targeted teaching activity : How the results of the pre-assessment affect the revision of the targeted teaching activity.
Make journal entries in the books of yeates to account : Make journal entries in the books of yeates to account for the issue on 1 July 2023 only. Yeates ltd commenced operation on 1 july 2023 by issuing 15 million
Difference between family business and nonfamily business : 1. What is the difference between family business and nonfamily business? Describe the different stages in Glopac Chemicals development from 1980-2005 and compa
Explain the barriers to inclusion : Explain the barriers to inclusion. A growing body of literature shows that many employees do not feel fully included at work and want their organisations
What are consumers greatest concerns about e-commerce : 1- What are consumers' greatest concerns about e-commerce? How are businesses addressing these concerns?
Differentiate between surface-level diversity and deep-level : Harold just set up teams in his office, making sure to use approximately equal numbers of males and females and old and young workers within each team. He also

Reviews

Write a Review

Accounting Basics Questions & Answers

  Which of the principles did the bookkeeper violate

Which of the principles did the bookkeeper violate? The bookkeeper of ABC Gym receives advanced membership payments from customers

  Determine the net present value for the proposal

Problem - Net present value method. Assuming that the desired rate of return is 15%, determine the net present value for the proposal

  What are likely to be the two largest reconciling items

In essay fomrate please explain in your own words GASB Statement No. 34. What are likely to be the two largest reconciling items for most major cities? Why?

  Identify the ending balance amount on accounts receivable

Rafi M estimates uncollectibles to be 10% of accounts reveivable. Identify the ending balance amount on the accounts receivable and the allowance.

  Compute the amount of goods available for sale

Compute the amount of goods available for sale, ending inventory, and cost of goods sold at December 31 under each of the following inventory costing methods.

  What items appear under other comprehensive income loss

What items appear under Other Comprehensive Income (Loss)? What is the account and the amount of the bottom line item on the Statement of Comprehensive Income?

  General ledger of tnt fireworks for the account balances

During January 2018, the following transactions occur: January 1. Purchase equipment for $20,400. The company estimates a residual value of $2,400.

  Write a report that addresses Ray concerns

At the end of 2020, TQF issued preferred shares in the amount of $ 15,000 to one key employee, Gary Roberts. Write a report that addresses Ray concerns

  Prepare the consolidated statement of profit or loss

Prepare the consolidated statement of profit or loss and other comprehensive income for Parrot Ltd and its subsidiary at 30 June 2017

  Journalize the october transactions and adjusting entry

Journalize the October transactions and the October 31 adjusting entry

  What is the accounting treatment for the situation

Kowalski's lawyers believe it is probable that Kowalski will be awarded damages of $14,000,000. What is the accounting treatment for the situation?

  Computing deferred tax reported

Tax depreciation for the year exceeded book depreciation by $50,000. The tax rate for Year 3 was 30%, and Congress enacted a tax rate of 40% for years after Year 3. What is the deferred tax reported on William's December 31, Year 3, balance sheet?

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