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A limited company was registered with an authorized capital of Rs.500,000 divided into 10,000 ordinary shares of Rs.50 each. On 1st November 1994 Company offered 7000 shares in the following manner:
On 15th November 1994, company received applications for 6000 shares. Shares were not allotted to applicants of 2000 shares and their application money was refunded.
Question 1: Record the above information in company's books and show the figures in balance sheet.
crane mechanics acquired 75 percent of downey enterprises on march 31 2005 for 3645000.downeys book value at that date
Evaluate the monthly margin of safety in dollars if the business achieves it's operating income goal?
what is the present value? (Use 365 days a year. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Alpha Co. purchased a machine on January 1, 2017, for $60,000. The machine was estimated to have a service life of ten years with an estimated residual
Prepare the statement of owner's equity. Prepare an income statement. Prepare a balance sheet. Lu Chang opened Chang Catering on May 1, 20X3.
Prepare the intercompany profits, gains and losses schedule. Prepare paper eliminating journal entries for the inter-company sale of the machinery in Year 6.
Details: You are meeting with accounting department personnel to make sure they understand the importance of corporate social responsibility and how it affects the company and their specific jobs.
Colorado Business Tools, manufactures calculators.
What is the weighted-average number of shares calculated in accordance with AASB 133?
Current assets $ 111,000 Buildings & equipment (net) 239,500 Total assets $ 350,500 Liabilities $ 67,500 Common stock 150,000 Retained earnings 133,000 Total liabilities and equities $ 350,500 On May 1, Donovan holds a building with a fair value $34,..
Determine the investment’s net present value, the internal rate of return and payback period. All key assumptions should be specified and explained.
Create the tax-related journal entries for 2019 to 2023. Brock Corp. believes that it will be able to use any loss carryforward in future years.
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