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!
On 1 July 2016, Rock Ltd acquired (ex div.) all of the issued capital of Wallaby Ltd. The recorded equity of Wallaby Ltd at this date consisted of:
Share Capital $ 120000
General Reserve $25000
Retained earning $55000
At 1 July 2016, all the identifiable assets and liabilities of Wallaby Ltd were recorded at fair value except for the following assets:
Carrying amount Fair Value
Land $100000 $130000
Inventory $78500 $86100
Machinerycost $86000 $52000 $56000
Vechiclecost $58000 $47000 $53000
Required:
Problem 1: Prepare the consolidation worksheet journal entries for the preparation of the consolidated financial statements of Rock Ltd at 30 June 2019.
Zebra Ltd erected an oil rig in Camel River. Calculate the present value of the restoration provision to be recorded as at the 30 June 2019?
1 Prepare a revised cost estimate for the job, taking into account opportunity costs, replacement costs and incremental costs. Assume that Mr Brewster considers the job from the viewpoint of a family business, including himself and his son together. ..
The entry to record the requisition of supplies from the storeroom would include which of the following?
construction forms corporation buys securities to be available for sale when circumstances warrant not to profit from
Determine the earnings per share in Year 2 and Year 1 for each company. Evaluate the relative profitability of the two companies
donkey bikes could sell its bicycles to retailers eitherassembled or unassembled. the cost of an unassembled bike is
If the exchange rate does not also change, what will happen to REC's ADR price? = $________ /ADR b.) If the euro appreciates from $1.23/€ to $1.31/€ but the price of REC's shares remains unchanged in euros, what will happen to REC's ADR price? = $..
ed an employee of the natural color company suffered from a rare disease that was very expensive to treat. the local
consider the following two separate firms. one firm manufactures flexible packaging films for the snack bakery
As you consider their circumstances, discuss the following questions in your initial post: What type of partnership would be most appropriate and why
Accounts receivable 9000, Other current assets 5100 and Non-current assets 19846. Calculate the inventory turnover period in days
Amy, Baby and Connie are partners in the accounting firm. Assuming a net income of P44,000 for the year, the total profit share of partner Connie would be
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