User Account

All Pages

What amount should transferred to retained earnings account

Assignment Help Accounting Basics
Reference no: EM133173526

Question - Aviniante Corp. shareholders' equity comprises 8,000 shares of P20 ordinary shares, P40,000 of additional contributed capital on ordinary share, and retained earnings of P90,000. If 6% share dividends is declared when the share is selling at P50 per share, what amount should be transferred to Retained Earnings account?

Reference no: EM133173526

Questions Cloud

What amount should be reported as unearned service contract : What amount should be reported as unearned service contract revenues in Felton's December 31, 2009 balance sheet
Compute the company cash flow adequacy ratio : On its most recent statement of cash flows, a company reported net cash provided by operating activities of $10,000,000. Compute the company cash flow
How does the net profit and interest cover ratio difference : How does the net profit and interest cover ratio difference between the two industry sectors? Why is the interest cover ratio different in these two sectors
How much is the correct retained earnings : The unadjusted balances of retained earnings are P3,700,000 and P6,000,000 as of December 31, 2022 and 2023, How much is the correct retained earnings
What amount should transferred to retained earnings account : If 6% share dividends is declared when the share is selling at P50 per share, what amount should be transferred to Retained Earnings account
What is the project NPV : Project L requires an initial outlay at t = 0 of $40,000, its expected cash inflows are $15,000 per year for 9 years, What is the project NPV
How time value of money influence capital decision making : How does Time Value of Money influence capital decision making? What is one key financial ratio that is used in financial statement analysis
What are the three types of financial statements : What are the three (3) types of financial statements? What are the differences among them and who might be interested in them and why
How much gross profit should camey recognize in year one : Refer to Camey Construction. How much gross profit should Camey recognize in Year 1 assuming the use of the percentage of completion method

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd