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!
During the year ended 30 April 2020, Moon Berhad made a new offer of 125,000 units of ordinary shares with no par value at RM1.25 each. An excess of 20% on the application were received by the company. Therefore, the company decided to accepts in full application for 62,500 units of shares and refund the sum of money for application of 12,500 units of shares. Subsequently, the company allot the remaining shares on the basis of 5 shares for every 6 applied for. The excess monies are offset against the allotment monies owed.
The methods of payments were as follows:
Per ShareApplication (payable on 1 June 2019) RM0.60
Allotment (payable 30 October 2019) RM0.50
First and final call (payable on 1 January 2020) RM0.15
Required:
Problem 1: Prepare the following ledgers account to record the above transactions in the book of Moon Berhad.
(i) Application account.(ii) Allotment account. (iii) First and final call account(iv) Ordinary shares capital account. (v) Bank account. (vi) Star Berhad account.
Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.
Accounting problems, Draw a detailed timeline incorporating the dividends, calculate the exact Payback Period b) the discounted Payback Period. the IRR, the NPV, the Profitability Index.
Term Structure of Interest Rates
Write a report on Internal Controls
Prepare the bank reconciliation for company.
Create a cost-benefit analysis to evaluate the project
Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR
Distinguish between liquidity and profitability.
Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.
Simple Interest, Compound interest, discount rate, force of interest, AV, PV
CAPM and Venture Capital
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