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 - On 1 July 2021, Xero Ltd acquired 90% of the issued shares of Accounting Ltd for $750,000 when the equity of Accounting Ltd consisted of:
Share Capital $400,000
Retained Earnings $150,000
Asset Revaluation reserve $50,000
At the acquisition date all the identifiable assets and liabilities of Accounting Ltd were recorded at fair value except for the following assets:
Equipment (Cost $100,000)
Carrying amount $160,000
Fair value $200,000
Land
Carrying amount $560,000
Fair value $700,000
The NCI at acquisition date is measured based on the proportionate share of the identifiable assets and liabilities in Accounting Ltd. The tax rate is 30%.
Required - Prepare Acquisition analysis as at 1 July 2021?
What is the total cost of the ending inventory according to? (a) FIFO, (b) LIFO?
Record these events in the general journal of OZ Ltd in accordance with the requirement of AASB 2 'Share-based Payment'
Inventory was turned over eight times during the year and the accounts receivable turnover was 10. Calculate Flamingo cash conversion cycle
How Calculate room occupancy percentage. Total rooms available: 1205. Rooms occupied: 378.Room revenue: $66,450.Total rooms available: 524
What is the first stage in selecting the Third-Party Logistics Operator? According to our text books the first stage when selecting a third party logistics.
Total investigation costs related to the restaurant $28,000. What is the maximum amount Stanford can deduct in 2019 for investigation expenses
Which of the two methods above provides the higher net income in each year?
Tickets will be priced at £15 each. On arrival, every ticket holder will be given a bottle of water, worth £1 per bottle. What are the total fixed costs
A contract probably hasn't been formed because of what basic principle of contract law - Steve honestly believed that a contract had been formed, and he could sue Elliot and Richard if they failed to uphold the terms of the contract. A contract pro..
What is the maximum total deductible contribution to their IRAs? Juan wants to contribute as much as possible to his own IRA
How much do you need to deposit in a bank account today? Assume that the annual interest rate is 5 % compounded annually.
Blanchard Company manufactures a single product that sells for $240 per unit, Prepare a contribution margin income statement
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