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The shareholders of Dorr Company approved a two-for-one split of the entity's share capital, and an increase in authorized shares from 100,000 shares with P20 par value of 200,000 share with P10 par value, The shareholder's equity accounts immediately before the split shares were share capital P1,000,000, share premium P150,000 and retained earnings P1,350,000.
Problem 1: What should be the balances in the share premium and retained earnings, respectively, after the share split is effected?
Identify which federal law regulates the following areas and situations: cross checking IRS and Social Security files to verify the accuracy of information, customer liability for debit cards, the right to access data contained in federal agency f..
Write a business report, as for a managerusing business writing, on Bernard Madoff Corporate Fraud Scandal
What should the cost of the inferior project be in order to make you indifferent to either project? What is the resulting annual discount rate of the inferior.
Question - Discuss the importance of ethics in accounting. Why is it important for accountants to maintain high ethical standards
Why you agree or don't agree that IAS 37 provides sufficient guidance to provide users enough disclosure about environmental liabilities
Stockholders Equity
International Accounting focuses on foreign currency and hedging. Why might a company prefer a foreign currency option rather than a forward contract in hedging a foreign currency firm commitment?
Determine the increase or decrease in the cost per equivalent unit from April to May for direct materials and conversion costs
Given an annual master budget of 200,000 units with actual production of 210,000 units, What will be total manufacturing overhead costs at the budget level
What conditions should exist for the recognition at date of sale of all or part of the revenue of any sale transaction?
Plot the monthly data and the regression lines for each of the following cost functions: Which cost driver for manufacturing overhead costs would you choose? Explain. Choynski anticipates 2,600 machine-hours and 300 batches for next month. Using the ..
On January 1, 2009, American Eagle borrows $65,000 cash by signing a four-year, 8% installment note. The note requires four equal total payments of accrued interest and principal on December 31 of each year from 2009 through 2012.
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