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!
Problem 1 - Wall Corporation has 20, 000 ordinary shares of Paper Corporation purchased in 2014 for P180, 000. At the time of acquisition, Wall designated the equity security investment at fair value to profit or loss. December 31, 2014, Wall declared the equity security investment in Wall Company as dividend. The property dividend was distributed on January 15, 2015. On the declaration date, the aggregate value of the Paper shares held by Wall was P300, 000. The entry to record the dividend would be?
Problem 2 - On July 1, 2014, Battery Company's board of directors declared a 10% share dividend. The market price of Battery's 400, 000 outstanding ordinary shares, P50 par value, was P80 per share on the date of declaration. The share dividend was distributed on September 1, 2014, when the market price of the shares was P100 per share. What amount should be charged to the Accumulated Profits and Losses account as a result of the share dividend?
After William's death the corpus of the trust will pass to William's son. If the life estate is valued at $79,500, what is the total amount of the taxable gifts
the balance of accounts receivable is 275000. the allowance for uncollectible accounts has a credit of 240. net credit
ParFour issues $1,700,000 of 10%, 10-year bonds dated January 1, 2011, that pay interest semiannually on June 30 and December 31.
How are unrealized gains and losses treated in the different categories? How are dividends and/or interest treated in the different categories
Compute depreciation expense for 2017 and 2018 using (1) the straight-line method, (2) the units-of-activity method, and (3) the double-declining-balance method
What is a multiple-step income statement? Do you think the information it provides beyond "bottom-line" net income is good for the overall health of the company
Duffy Corporation hasprepared the following sales budget: Month. Prepare a schedule of cash collections for July through September.
Craigs Air Conditioning/Heating reported the following information: Revenues -$33,500. Compute contribution percentage
The market value per share of the common stock is $42, What is the par value per share of the preferred stock
On January 1, 2013, Michael invested capital of $50,000 into his newly formed corporation. Determine the ending stockholder's equity balance at the end of 2014
Gruner Company Produces golf discs which it normally sells to retailers for $7 each. Prepare an incremental analysis for the special order
The Accounts Receivable balance on December 31, 20Y3, was $180,000. Prepare a schedule of cash collections from sales for January, February, and March
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