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On the 12th November 20X3 FML announced a bonus ordinary share issue of 1:15 at an issue price of $12.00/share. The bonus issue is to be paid out of the General Reserve and was made on the 30th November 20X3. The number of ordinary shares is 1,500,000.
Problem 1: Make a general journal. Should make two journals for 12th and 30th? or Just make one journal for 30th and what are the particulars(account)?
you live in a town with 300 adults and 200 children and you are thinking about putting on a play to entertain your
outdoor software inc. is a designer manufacturer anddistributor of software for microcomputers. a new productlandscape
Whitman has a net operating loss carryforward of $200,000 from the prior year. Compute the company's deferred income tax expense or benefit for the current year
Conrad contributes $24,000 to receive a 30% interest in a new partnership with Lowman. Determine the amount and recipient of the partner bonus
CVN believe they bill be able to sell the item for $3000. CVN uses straight line depreciation for all items. How much depreciation should they recognize
70 percent of his own store's profit with the remaining profits allocated pro rata among all the owners, how much income will be allocated to Reagan?
Contrast the differences between a stock dividend and a stock split
What are the total expenses reported in the internal service fund, assuming that the school district selects the ?rst option
An additional way of using a Horizontal Analyses is by comparing actual results to budgeted or forecast results. What benefits does this of comparison provide
If the company estimates that 6% of its outstanding receivables will be uncollectible, what will be the amount of bad debt expense recognized
XYZ sold goods with a cost of $800,000 to Water for $1,000,000, and Surfung still owned 28% of the goods at year-end. Compute the consolidated sales
If Killer needs to raise $220,000 and it expects to generate $100,000 in retained earnings this year, what is its marginal cost of capital to raise the funds
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