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X Ltd. purchased assets worth $2,20,000 and also took over the liabilites(creditors) of Y Ltd. for a purchase consideration of $1,92,000. X Ltd. paid the purchase consideration by issuing 12% debentures of $100 each at a premium of 20%. Pass journal entry in the books of X Ltd.
the painting department of the garner manufacturing company has the following production and manufacturing cost data
selected amounts from reingold companys balance sheet from the beginning of the year follownbspnbspcash76000
Jason earned 10,200 while working for Brown Company.
Cash from Investing Activities
temporary changes in the value of securities after purchase would not be recorded for which two types of securities?no
following information is provided by national company limited for the year ended june 30 2009. you are required to
technoplast company makes a line of spicialized plastic tubing items during each of the next two years it expectes to
willkom corporation bought 100 percent of szabo inc. on january 1 2009 at a price in excess of the subsidiarys fair
1.Determine the total compensation cost pertaining to the options. 2.Prepare the appropriate journal entry(if any)to record the award of options on January 1,2009.
Loxley Corporation is authorized to issue 50,000 shares of $10 par value common stock. During 2010, Loxley took part in the following selected transactions.
arris inc. began the accounting period with a 105000 debit balance in its accounts receivable account. during the
journal entries-emphasis on budgetary entries and statement the central think tank ctt receives a separate
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