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!
Port Ltd was involved in the following transactions during 1 July 2019 to 30 June 2020 financial period. On 5 September 2019, the directors of the company decided to issue a prospectus calling for applications for 400,000 ordinary shares at an issue price of $3.2, payable $1.3 on application and $1.9 on allotment.
By the closing date of 31 October 2019, the company had received the following application money:
From applicants for 600,000 shares $780,000
From applicants for 100,000 shares $320,000
Required:
Question 1: Provide journal entries to record the above transactions for 2019/2020 financial year. (Narrations are required)
Question 2: Show related disclosures in the Statement of Financial Position at the end of 2019/2020 financial year.
Which of the following best describes the proper treatment for uncollectible amounts of tax revenue?
a loan is being repaid by 15 annual installments of 1 000 each. interest is at an effective rate of 5. immediately
Prepare a SWOT analysis of Panera Bread and discuss what your analysis revealed about the overall attractiveness of the company's situation
eastbay hospital has an auxiliary generator that is used when power failures occur. the generator is worn out and must
Schylar Pharmaceuticals, Inc., plans to sell 135,000 units of antibiotic at an average price of $15 each in the coming year. What is the contribution margin
Income before interest and taxes is expected to be $3,000,000. Calculate each of the following for each alternative: Net income and Earnings per share
Dominic's Salon has total receipts for the month of $16,430 including sales taxes. If the sales tax rate is 6%, what are Dominic's sales for the month
Prepare the journal entries to record the exchange of Marco Company office equipment which has a calendar year end
Identify General Business tax credit and discuss its current treatment. Do you feel that it favors one group over another? What is its policy implication
Hihotech Company reported net income of 2.3 million for the year ended 20XX, Calculate company's basic and diluted EPS under IFRS and US GAAP
capital lease accounting for lessee. on 112014 the dexter company leases a piece of equipment to the gracie company for
Lakeside Hospital is a division of Superior Healthcare organized as an investment center. Evaluating Investment Centers with Residual Income
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