What are the major types if subsequent events

Reference no: EM131908955

Problem

What are the major types if subsequent events? indicated how each of the following "subsequent events" would be reported.

a) collection of a note written off in a prior period.
b) issuance of a large preference share offering
c) acquisition of a company in a different industry
d) destruction of a major plant in a flood
e) death of the company's chief executive officer (ceo)
f) additional wage costs associated with settlement of a four week strike
g) settlement of an income tax case at considerably more tax than anticipated o at year-end.
h) change in the product mix from consumer goods to industrial goods.

Reference no: EM131908955

Questions Cloud

Determine the bom stock for august : August sales are estimated at $38,000 and September sales at $42,000. Using the basic stock method, determine the BOM stock for August.

Review problem related to business in a partnership : A group of three friends, all college roommates, started a sports goods retail business in a partnership 25 years ago, which grew to 125 stores spread.

Prepare an income statement for the quarter ended march : Prepare the journal entries to reflect the above transactions. Prepare an Income Statement for the Quarter ended March 31, 2009.

Why are tax laws important to healthcare organizations : Why are tax laws important to healthcare organizations? What are the basic characteristics of insurance? give an example.

What are the major types if subsequent events : What are the major types if subsequent events? Indicated how each of the following subsequent events would be reported.

Develop a business case for upper management : Based on what you have learned about your selected organization, develop a business case for upper management that will provide motivation for them to evaluate.

What the assumed total annual costs will be for the company : Given the information below, and the assumptions above, calculate what the assumed total annual costs will be for this company's resource use.

What marketing strategies does this company take to promote : According to your understanding about Services Marketing, in the future if you would like to engage the service industry, Which service industry do you like?

How do contractual relationships impact project initiation : How do contractual relationships impact the project initiation? What are factors to be consider in a project contract? Why does the project team need to be.

User Account

All Pages