User Account

All Pages

What are accounting entries required to record these events

Assignment Help Accounting Basics
Reference no: EM133096060

Question - Cisbi Ltd has received applications for 4 million shares during Dec 2018. The shares are to be issued at a price of $3.30 per share. The 4 million shares are allotted on 5 Feb 2019. What are the accounting entries required to record these events? Provide the journal entries necessary to account for the application of Cisbi Ltd's shares. Hint: 3 Journal Entries.

Reference no: EM133096060

Questions Cloud

Prepare the entries the company would make : Assume Parkeville writes off all variances to Cost of Goods Sold. Prepare the entries the company would make to record and close out the variances
Identify the outside company advisors : Identify the outside company advisors who should be included in the succession planning process.
Identify the outside company advisors : Identify the outside company advisors who should be included in the succession planning process.
Personality development as a leader : As civil engineer, describe an example where you have shown or apply your leadership skills , ability , strategy etc. and that it results to a positive impact i
What are accounting entries required to record these events : The 4 million shares are allotted on 5 Feb 2019. What are the accounting entries required to record these events
Why is training important during onboarding : Why is training important during onboarding? Why is in-person orientation/onboarding better?
Compute present value of lease payments for lessee : Three lease payments of 552,044 are to be made at the end of each year, Compute the present value of lease payments for Lessee Corporation on January 1, 2019
Prepare quarterly purchase budget : Prepare quarterly general, administration and selling budget for Q1, Q2, Q3, and for Q4 ending December31, 2022
Concept of permanent employment : Employees are showing far less loyalty now that the concept of "employability," which has replaced the concept of permanent employment, has been introduced into

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