User Account

All Pages

What would be the balance of the Ordinary Share Capital

Assignment Help Financial Accounting
Reference no: EM132892619

Question - On June 30, 2021, Bogart Corporation declared a 10% bonus issue on its 300,000, 10 par ordinary share capital outstanding. The shares are distributable on August 15, 2021 to shareholders of record as of the close of business on July 15, 2021.

The shares were selling at 18 per share on June 30, 2021 at 19 per share on July 15, 2021, and at 22 per share on August 15, 2021.

What amount should be charged to retained earnings as a result of the above dividends?

What would be the balance of the Ordinary Share Capital immediately after the distribution of the bonus issue on August 15, 2021?

Reference no: EM132892619

Questions Cloud

Find problem from a data analytical perspective : Please explain your approach to address this problem from a data analytical perspective. (Hints: define the target variable with as little ambiguity as possible
What will be the improved reliability should usa upgrade : What will be the improved reliability should USA upgrade to the Switch Option shown above? Provide the reliability of this option
Explain total quality management and pull production systems : Comment on the relationship between total quality management and pull production systems.
Find out the percentage of overbilled customers : What percentage of overbilled customers are charged at least 10% more than they should pay.
What would be the balance of the Ordinary Share Capital : What would be the balance of the Ordinary Share Capital immediately after the distribution of the bonus issue on August 15, 2021
Concept of decision making under risk and uncertainty : Q1. Discuss the concept of decision making under risk and uncertainty.
What is a heuristic : What is a heuristic? How do marketers and advertisers use heuristics to achieve brand loyalty?
What is the balance of the lease obligation at December : The rate implicit in the lease, which is not known to ABC Company is 12%. What is the balance of the lease obligation at December
Describe materials management within organization : Describe Materials Management within your organization, a past organization, or some organization for which you are knowledgeable.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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