WebAt 1 April 2007 69,000 Fair value adjustments (4,100 + 2,400) 6,500 –––––––– 104,000 x 75% (78,000) –––––––– Goodwill 27,000 –––––––– €1 compounded for two years at 10% would be worth €1·21. The acquisition of 18 million out of a total of 24 million equity shares is a 75% interest. (b ... WebAccounting questions and answers. On September 29, Year 5, Wall Co. paid $860,000 for all of the issued and outstanding common stock of Hart Corp. On that date, the carrying …
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Web7 de out. de 2024 · Pat contributed $14,000 for 1,400 shares of OCC. On September 8, OCC borrowed $36,500 from a bank, promising to repay the bank in two years. On September 10, OCC wrote a check for $22,500 to acquire computer equipment. On September 15, OCC received $1,450 of supplies purchased on account and, on … WebStudy with Quizlet and memorize flashcards containing terms like During 20X1, X Company manufactured equipment for its own use at a total cost of $2,400,000. The project …
WebOn September 29, 1995, Wall Co. paid P860,000 for all the issued and outstanding common stock of Hart Corp. On that date, the carrying amounts of Hart's recorded … WebCommon stock-$10 par value, 100,000 shares authorized, 40,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 400,000 60,000 270,000 $ 730,000 In year 2024, the following transactions affected its stockholders' equity accounts Jan. 1 Purchased 4,000 shares of …
WebConsolidation used for both Sell and Vane. d. Consolidation used for Sell and equity method used for Vane. c On September 29, Year 1, Wall Co. paid $860,000 for all the issued and outstanding common stock of Hart … WebHistorical Events on January 29. 1834: United States President Andrew Jackson uses Federal soldiers to suppress a labor dispute. This is the first time that federal troops have …
Web1 de out. de 2014 · On October 1, 2014, the $12,000 premium on a one-year insurance policy for the building was paid and recorded as Prepaid Insurance. On December 31, 2014 (the end of the accounting period), what adjusting entry is needed? a) Debit: Insurance Expense, $3,000; Credit: Cash Paid-In-Advance, $2,000.
Web1 PRACTICAL ACCOUNTING 1 – REVIEW LEASES 2024 PROF. U.C. VALLADOLID Multiple Choice Identify the letter of the choice that best completes the statement or answers the question. 1.Rapp Co. leased a new machine to Lake Co. on January 1, year 1. The lease is an operating lease and expires on January 1, year 6. The annual rental is 90,000. chelsea chavesWebOn January 6, Year 1, Bulldog Co. purchased 34% of the outstanding stock of Gator Co. for 212,000. Gator Co. paid total dividends of 24,000 to all shareholders on June 30. Gator had a net loss of 56,000 for Year 1. a. Journalize Bulldogs purchase of the stock, receipt of the dividends, and the adjusting entry for the equity loss in Gator Co ... chelsea chavez maricopa countyWebStudy with Quizlet and memorize flashcards containing terms like On September 29, Year 1, Wall Co. paid $860,000 for all the issued and outstanding common stock of Hart … flex checkWebSee Answer. On October 1, Year 1, Gold Co. borrowed $900,000 to be repaid in three equal, annual installments. The note payable bears interest at 5% annually. Gold paid the first installment of $300,000 plus interest on September 30, Year 2. What amount should Gold report as a current liability on December 31, Year 2? flex checkboxWebOn January 1, 2013, the entity entered into a finance lease with a customer under which the customer would pay P200,000 on January 1 each year for 5 years, commencing in 2013. The cost of the car is P600,000 and the cash selling price was P750,000. The entity paid legal fees of P20,000 to a law firm in connection with the arrangement of the lease. flexchart winformsWeb8 de abr. de 2024 · McCaughey was found guilty last September of seven felonies and two misdemeanors, including aiding or abetting or assaulting, resisting, or impeding a law enforcement officer with a dangerous weapon. According to Politico , the Partisan Department of Justice is seeking a 188-month sentence for McCaughey, one of the … chelsea cheap holiday expertWebView Homework Help - CPA Excel answers - week 2 investments from ACC 423 423 at University of Phoenix. On January 1, 2007, Grade Company paid $300,000 for 20,000 shares of Medium ... Lance Corp.'s statement of cash flows for the year ended September 30, year 1, ... On September 29, year 2, Wall Co. paid $860,000 for all the issued and ... chelsea chavis stevenson