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!
Hammer Ltd acquired all the issued capital of Nail Ltd on 1 July 2019 for cash consideration of $1,500,000. The fair value of the net assets of Nail Ltd at that date was $1.2 million as follows:
Share capital $1,000,000Retained earnings 200,000Total equity 1,200,000
During the period ended 30 June 2020, Nail Ltd declared a dividend of $200 000 that is identified as being paid out of post-acquisition profits. Goodwill had been determined to have been impaired by $15,000 during the period.
Required:
Problem 1: Prepare consolidation journal entries that would be required to prepare group accounts for the period ended 30 June 2020.
Prepare the journal entries relating to this transaction at January 2, 2017, and at December 31, 2019. (Assume that the journal entries to expense)
This loan is to be repaid in equal annual installments at the end of each year over the next 8 years. How much will each annual payment be?
The dividend is expected to grow forever at a constant rate of 10% a year. What is estimated required rate of return on Woidtke stock
Assume that your grandmother wants, Compute the Present Value of each of these options if you expect the interest rate to be 6% annually for the next 10 years.
Assume you will take a two-day trip to visit some friends over the weekend and you will drive 400 miles. What is the total cost of this trip?
Estimated cost to complete construction project as of January 1, 20x1, 90,000,000. How much is entity's gross profit for the year ended December 31, 20x1
Give adjusting and closing entries to record depreciation the years 2016, 2017 and 2018. how the machine will appear in the balance sheet on December
Fresh Juice Co Ltd derives $100,000 net trading income from Australian sources during the current tax year. The company also earns the following: $21,000 - Franked dividend from public companies with an imputation credit of $9,000.
Earnings management involves. which one correct? implementing effective quality control over one's products and services, in order to maximize net income.
The bond has a coupon rate of 8.6%, semiannual coupons, and there are three months to the next coupon date. What is the clean price of the bond?
The overhead application rate is based on direct labor hours. The preset formula for overhead application estimated that $21,000 would be incurred.
What pretax amounts related to the lease would Georgia-Atlantic report in its balance sheet at December 31, 2011? Illustrate what pretax amounts related to the lease would Georgia-Atlantic report in its income statement for the year ended December ..
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