Reference no: EM132653593
Problem - The share issue costs, for ordinary shares, were $3,200 and were paid on 20 September 2019.
All allotment money was received by 25 September 2019 including the amount due from the underwriter. The underwriting commission was paid on this date.
The two calls were made on the dates stated in the prospectus, and a month after each call, monies were received, except that the holders of 15,000 ordinary shares who did not pay either calls.
In addition, a holder of another 10,000 ordinary shares did not pay the second call.
On 20 January 2020, the board of directors decided to forfeit the shares who had not paid for the calls. The shares were reissued for $6.50 per share the next day and the reissue cost was $1,800.
Required - Prepare the general journal entries to record the above transactions.
Instructions: You are required at least, to have a sheet in excel for
- General journal entries and
- Workings and calculations (for instance any relevant T accounts or tables).
|
Problem - Journalize entries for exchange of plant assets
: Problem - Journalize entries for the exchange of plant assets - Felicity's truck cost $10,000. It has accumulated depreciation of $8,000
|
|
How the theories and knowledge could be applied
: Provide a reflection of at least 500 words (or 2 pages double-spaced) of how the knowledge, skills, or theories of this course (security architecture).
|
|
Identify key business data object
: Identify key business data objects and their attributes and define them as columns in a spreadsheet using MS excel or similar software
|
|
Calculate the amount of each note to be included in current
: Calculate the amount of each note to be included in current and non-current liabilities on Mel's Building Centre December 31, 2021, balance sheet
|
|
Prepare the general journal entries to record transactions
: On 20 January 2020, the board of directors decided to forfeit the shares who had not paid for the calls. Prepare general journal entries to record transactions
|
|
Summarize effective risk management
: Summarize effective risk management using 3 examples in healthcare. 3 examples of the impact of effective risk management within a healthcare facility.
|
|
How to calculate a ratio for flight production
: How to calculate a ratio for flight production, passenger sales per year, and productivity of employees under non-financial ratio. Explain in detail.
|
|
Explain a model to recommend with proper justifications
: A new medium-sized health care facility just opened and you are hired as the CIO. The CEO is somewhat technical and has tasked you with creating a threat model.
|
|
Find and examine the concepts of small proprietary company
: REPORTING ENTITY, Research and critically examine the concepts of small proprietary company, large proprietary company and reporting entity.
|