User Account

All Pages

What the share capital as compared to the share capital

Assignment Help Accounting Basics
Reference no: EM132765818

Problem 1: Geremy Co. acquired equipment from XYZ, Inc. by issuing 2,000 of its ?10 par value ordinary shares. The equipment is carried in the books of XYZ, Inc. at ?25,000. ABC Co.'s shares have a fair value ?14 per share. Assume that the fair value of the equipment cannot be determined reliably. The share capital, as compared to the share capital when the fair value of the equipment is ?32,000, would

a) Decrease by 4,000
b) Remain the same
c) Increase by 4,000
d) Increase by 2,000

Reference no: EM132765818

Questions Cloud

MBA 515 Business Environment, Innovations, Entrepreneurship : MBA 515 - Business Environment, Innovations, and Entrepreneurship Assignment Help and Solution - Southern New Hampshire University, USA - Homework Help
What amount of compensation expense recognized for golf view : Fair value per option before the modification of ?100 to ?120 after the modification. What amount of compensation expense shall be recognized in 20x1?
What is the amount of cash that should be received : A sales invoice included the following information: merchandise price, $12,000; terms 1/10, n/eom, FOB shipping point with prepaid freight of $900 added to the.
Compute the gross profit to be recognised : Prepare the journal entries for each year assuming the stage of completion and the outcome of the construction contract cannot be reliably estimated.
What the share capital as compared to the share capital : Equipment cannot be determined reliably. The share capital, as compared to the share capital when the fair value of the equipment is ?32,000, would
Prepare journal entry to record the impairment : JJ Company determined that due to obsolescence, an equipment with an original cost of P4,500,000 and accumulated depreciation on January 1, 2019 of P2, 100,000.
What the journal entry on march would include a : What journal entry on March 10, 20x1 would include a? On January 1, 20x1, Monteverde Co. contracted XYZ & Co., CPAs for an outsourced internal audit engagement
How much is the salaries expense on dec for abc co : Over the three-year period from 15 to 12 employees. During 20x3, additional 5 employees left. How much is the salaries expense on Dec. 31, 20x3?
How much is the total share premium : The Shareholders' Equity of ADAM CO. on January 1, 2020 appears as follows: 12% Preference Share, P200 par, 20,000 shares authorized, 7,000 shares issued.

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