Hasil (
Bahasa Indonesia) 1:
[Salinan]Disalin!
E15-1during its first year of operations, sitwell corporation had the following transactions pertaining to its ordinary shares.jan 10 issued 80.000 shares for cash at 6 per sharemar 1 issued 5.000 shares to attorneys in payment of a bill for 35.000 for services rendered in helping the company to incorporatejuly 1 issued 30.000 shares for cash at 8 per sharesept 1 issued 60.000 shares for cash at 10 per shareinstructionsa prepare the journal entries for these transactions, assuming that the ordinary shares have a par value of 3 per shareb briefly discuss how the entries in part a will change if the shares are no par with a stated value of 2 per shareE15-2abernathy corporation was organized on january 1, 2010. it is authorized to issue 10.000 shares of 8%, 50 par value preference shares, and 500.000 shares of no par ordinary shares with a stated value of 2 per share. the following share transactions were completed during the first year.jan 10 issued 80.000 ordinary shares for cash at 5 per sharemar 1 issued 5.000 preference share for cash at 108 per shareapr 1 issued 24.000 ordinary share for land, the asking price of the land was 90.000, the fair value of the land was 80.000may 1 issued 80.000 ordinary shares for cash at 7 per shareaug 1 issued 10.000 ordinary shares to attorneys in payment of their bill of 50.000 for services rendered in helping the company organizesept 1 issued 10.000 ordinary shares for cash at 9 per sharenov1 issued 1.000 preference shares for cash at 112 per shareinstructionsprepare the journal entries to record the above transactionsE15-3twenty five thousand shares reacquired by pierce corporationfor 48 per share were exchanged for undeveloped land that has an appraised value of 1.700.000 at the time of the exchange, the ordinary shares were trading at 60 per share on an organized exchangeinstructionsa prepare the journal entry to record the acquisition of land, assuming that the purchase of the shares was originally recorded using the cost methodb briefly identify the possible alternatives (including those that are totally unacceptable) for quantifying the cost of the land and briefly support your choiceE15-4fogelberg corporation is a regional company, whose securities are thinly traded. fogelberg has issued 10.000 units. each unit consists of a 500 par, 12% subordinated debenture and 10 shares of 5 par ordinary shares. the investment banker has retained 400 units as the underwriting fee. the other 9.600 units were sold to outside investors for cash at 850 per unit. prior to this sale, the 2 week ask price of ordinary shares was 40 per share. twelve percent is a reasonable market yield for the debentures, and therefore the par value of the bonds is equal to the fair valueinstructionsa prepare the journal entry to record fogelberg's transaction, under the following conditions 1 employing the incremental method 2 employing the proportional method, assuming the recent price quote on the ordinary shares reflects fair valueb briefly explain which method is, in your opinion, the better methodE15-5hartman inc. issues 500 shares of 10 par value ordinary shares and 100 shares of 100 par value preference share for a lump sum of 100.000instructionsa prepare the journal entry for the issuance when the fair value of the ordinary shares is 168 each and fair value of the preference shares is 210 each. (round to nearest euro)b prepare the journal entry for the issuance when only the fair value of the ordinary shares is known and it is 170 per shareE15-6londey corporation is authorized to issue 50.000 shares of 10 par value ordinary shares. during 2010, londey took part in the following selected transactions1. issued 5.000 shares at 45 per share, less cost related to the shares totaling 7.0002. issued 1.000 shares for land appraised at 50.000 , the shares were actively traded on a national securities exchange at approximately 46 per share on the date of issuance3. purchased 500 treasury shares at 44 per share, the treasury shares purchased were issued in 2009 at 40 per shareinstructionsa prepare the journal entry to record item 1b prepare the journal entry to record item 2c prepare the journal entry to record item 3 using the cost methodP15-6washington company has the following equity accounts at december 31, 2010share capital ordinary 100 par value, authorized 8.000 share 480.000retained earnings 294.000instructionsa prepare entries in journal form to record the following transactions, which took place during 20111) 280 ordinary shares were purchased at 97 per share . (these are to be accounted for using the cost method)2) a 20 per share cash dividend was declared3) the dividend declared in no 2 above was paid4) the tresury shares purchased in no 1 above were resold at 102 per share5) 500 shares were purchased at 105 per share6) 350 of the shares purchased in no 5 above were resold at 96 per shareb prepare the equity section of washington company's statement of financial position after giving effect to these transactions, assuming that the net income for 2011 was 94.000, country law requires restriction of retained earnings for the amount of treasury shares
Sedang diterjemahkan, harap tunggu..