User Account

All Pages

What is credited for the excess of the reissue price

Assignment Help Accounting Basics
Reference no: EM133187320

Question - Day Company held 10,000 shares of P10 par value as treasury reacquired for P120,001. At year-end, the entity reissued all 10,000 shares for P190,080. What is credited for the excess of the reissue price over the cost of treasury shares (State the amount and account)?

Reference no: EM133187320

Questions Cloud

Arbitration And Unconventional ADR : Describe what the contract and what the arbitration clause requires. Where will arbitration be held (what venue)? What rules will apply?
What total amount should be reported as shareholders equity : Mara Company provided the following data at year-end: Authorized share capital 5,000,000. What total amount should be reported as shareholders equity
What is kayla recognized gain on involuntary conversion : An appraisal Indicated that the land Kayla received was worth $265,000. What is Kayla's recognized gain or loss on the involuntary conversion
Cost volume profit analysis : How do you leverage the information obtained through cost volume profit (CVP) analysis to determine the goods and services provided to consumers?
What is credited for the excess of the reissue price : Day Company held 10,000 shares of P10 par value as treasury reacquired for P120,001. What is credited for the excess of the reissue price
What is stuart at-risk amount at the end of the year : The partnership produces a $50,000 loss for the year. What is Stuart's at-risk amount at the end of the year
What types of items or issues would the forensic accountant : Examine legal analysis provided by forensic accountants in litigation support engagements. What types of items or issues would the forensic accountant
Creating an airline itinerary for a family : Creating an airline itinerary for a family of 4, (mother, father, son 10 years old and daughter 13 years old) who are looking to take a trip from Toronto
Why nummi improved quality for its cars : The factory which NUMMI (New United Motor Manufacturing, Inc.) took over was built by GM and operated by them from 1962 to 1982.

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