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 - Gabayan Inc. has been authorized to issue 125,000 shares of P10 par ordinary shares. The following 2019 transactions relate to the initial issuance of Gabayan share:
Feb. 1 Gabayan sold subscriptions for 25,000 shares of stocks. The shares have a subscription price of P15 per share. One-third of the subscription price was received as a down payment.
Feb. 15 Gabayan sold 10,000 shares for P180,000.
Mar. 1 An installment amounting to one-third of the subscription price was received.
Mar. 19 Gabayan exchanged 200 shares of stocks for a new two-way radio system having a fair market value of P3,800.
Apr. 1 The final one-third of the subscription price was received and the share issued.
Required - Prepare journal entries to record the transactions. Use memorandum method.
what is cvp analysis? why is this an important analysis for a company to perform?what is the financial budget? describe
on april 8 2009 jupitor corp. acquired equipment at a cost of 480000. the equipment is to be depreciated by the
dans hardware is a small hardware store in the rural township of twin bridges. it rarely extends credit to its
If the company increases its unit sales volume by 5% without increasing its fixed expenses, what would the company's net operating income be
Record Wayne's admission for each of the following independent situations: Wayne directly purchases half of Merina's investment in the partnership for $99,000
Sales declined over the 3-year fiscal period, 2008-2010. Does that mean that profitability necessarily also declined? E
Define each of the following in the context of a business cycle. Peak Contraction Trough Expansion
What is meant by the term underlying as it relates to derivative financial instruments?
Anchovy acquired 90 percent of Yelton on January 1, 2011. Of Yelton's total acquisition-date fair value, $60,000 was allocated to undervalued equipment (with a 10-year life) and $80,000 was attributed to franchises (to be written off over a 20-yea..
ACCT603 Corporate Accounting Assignment. Complete a vertical analysis for the last three years balance sheets and income statements
Determine the cost assigned to ending inventory and to cost of goods sold using (a) specific identification, (b) weighted average, (c) FIFO, and (d) LIFO.(Round your cost per unit to 3 decimal places.)
robert and sylvia propose to have their corporation wolverine universal wu acquire another corporation emu inc. in a
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