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 - Shohei Ltd owns 100% of Ohtani Led acquired on 1 July 2018 for $3.25 Million when the shareholders funds of Ohtani Ltd were:
Share Capital 1,750,000
Retained Earnings 1,400,000
Total 3,150,000
All assets of Ohtani Ltd were stated at fair value on the date of acquisition.
(a) The directors believe that there has been an impairment loss on goodwill of $35,000 for the year ended 30 June 2021.
(b) During the 2020-21 financial year Shohei Ltd sells inventory to Ohtani Ltd at a sales price of $700,000. The inventory cost Shohei Ltd $420,000to produce. At 30 June 2021 half of the inventory is still on hand with Ohtani Ltd. The tax rate is 30%.
Record the consolidation entries for 30 June 2021?
Calculate the ARR for a manufacturing company purchasing a new equipment. Labor is estimated to start at $80,000 in Year 1, increasing by 4% each year after
at december 31 2011 and 2010 miley corp. had 180000 shares of common stock and 10000 shares of 5 100 par value
Your local government created an agency to serve the local community in providing low income housing. That housing agency, called the Local Housing Board, is a tax exempt agency of local government and was created to receive federal funds for hous..
Depreciation expense is applied at a fixed % per year 0.1 and Interest on the bank loan is fixed at a % per year 0.2. How much is non-current assets
Units purchased consisted of 35,000 units at $3.70 on May 10; 60,000 units at $3.90 on August 15; Prepare comparative condensed income statements
Determine credit sales would be equivalent to auto loans generated. Based on this data, do you think there is evidence of earnings management
How do List and briefly explain the different forms of business organizations. Business organizations can be classified into different legal forms.
Prepare the March income statement for Digital Vibe Manufacturing Company. Refer to the Amount Descriptions list provided for the exact wording
he bonds, which mature on January 1, 2027, pay interest semiannually on January 1 and July 1. Compute the carrying value of the bonds
The employee has $86 in federal income taxes withheld. What is the amount of this employee's net pay for the first week of January
The company is not able to determine the fair value based on a current selling price of the machinery. Prepare the journal entry to record the impairment
HA2032 Corporate and Financial Accounting assignment help and solutions, Holmes Institute, assessment help - Select the latest annual report of two ASX listed.
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