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Nanjing Ltd. purchased from its shareholders 5,000 shares of its own previously issued shares for ¥250,000. It later resold 1,300 shares for ¥54 per share, then 2,000 more shares for ¥49 per share, and ? nally 1,700 shares for ¥40 per share.
Instructions
Question 1: Prepare journal entries for the purchase of the treasury shares and the three sales of treasury shares (Journalize treasury share transactions)
Discuss and compare them with the contents discussed in sample assignment. The sample assignment was marked half because of one company so plz select two companies.
Profit and Loss Account for the year ended 31 December 2015 and Balance Sheet as at 31 December 2015 - All payments are made by cheque
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If it is impracticable to determine the cumulative effect of applying a change in accounting principle to any prior period, the new accounting principle shall be applied as if the change was made prospectively as of the earliest date practicable.
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Calculate the NPV, PI, and IRR for each project and indicate if the project should be accepted or not. Discuss the differences between the three values
How do leadership monitors routine activity and reacts to unexpected events with their organization? How would you organize the business?
Blandings Glassware Company issues $1,000,000 of 8%, 10-year bonds at 98 on February 28, 2015. The bond pays interest on February 28 and August 31. On August 31, 2015, how much cash did Blandings pay out to bondholders?
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