Reference no: EM133105148
Question 1 - On June 1, John Company issued 9,000 shares of its P10 par common stock to Dixon for a tract of land. The stock had a fair market value of P19 per share on this date. On Dixon's last property tax bill, the land was assessed at P150,000. John should record an increase in Additional Paid-In Capital of?
Question 2 - On December 31, 2022, Yvonie Co. issued 100,000 shares of P10 par, 10% cumulative preference shares for P4,000,000. One detachable warrant was attached to each preference share issued. Each warrant gives the holder the right to purchase one ordinary share, P1 par value, for P15. The market value of the warrant after the preference shares were issued was P4. The warrants expire on December 31, 2023. The proceeds to be allocated to the preference shares on December 31, 2022 is?
Question 3 - Kate Corp. purchased 1,000 shares of its P5 par ordinary share at P10 and subsequently sold 500 of the shares at P20. What is the amount of revenue realized from the sale?
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Allocate the joint manufacturing cost
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Prepare the year-end closing entries
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By what amount would this donation cause total shareholders
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Hiring people with felony criminal past
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What is the amount of revenue realized from the sale
: Kate Corp. purchased 1,000 shares of its P5 par ordinary share at P10. What is the amount of revenue realized from the sale
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Implement a simplified printf function
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Career goal-information technology
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Significance of the innovation to the business industry
: Trend 3 - Telehealth The healthcare industry has traditionally been one of the most resistant when it comes to IT and digital technology uptake. However, the CO
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