

give detailed explanation. attend only if you are 100% sure

give detailed explanation. attend only if you are 100% sure On 31st March, 2019 the Balance...
compute the fair value of shares.?
On 31st March, 2019 the Balance Sheet of Laxmi Ltd. was as follows: Note Amount Particulars No. 1 2,00,000 I. Equity and Liabilities : (1) Shareholder's Funds: (a) Share Capital (b) Reserve and Surplus (2) Share Application Money Pending Allotment 70,000 Nil 2 2 1,00,000 (3) Non-Current Liabilities: Long-term Borrowings (4) Current Liabilities: Trade Payable Total II Assets Non-current and Current Assets Total 30,000 4,00,000 4,00,000 4,00,000 Notes to Accounts: Amount Particulars (1) Share...
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OR The balance sheet of ABCLtd. as on 31 March 201 was as follows: Liabilities Amount(Rs.) Asset Amount(Rs.) 4000 equity shares 4,00,000 Goodwill 15000 of Rs 100 each fully paid 2000 5% preference 2,00,000 Freehold Asset 2,00,000 shares of Rs. 100 Premises each fully paid 6% Debentures 1,00,000 Plant and Machinery 3,00,000 Bank Overdraft 35,000 Stock in Trade 50.000 Sundry creditors 1,00,000 Sundry Debtors 40,000 Cash in Hand 5000 Profit and Loss A/C 2.25.000 Total 835000 Total...
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BLtd. 6,00,000 2,50,000 1,60,000 Following are the summarised Balance Sheets of A Ltd. and B Ltd, as at 312 Particulars A Ltd. Share capital: Equity shares 10 each (fully paid up) 10,00,000 Securities premium 2,00,000 General reserve 3,00,000 Profit and loss account 1,80,000 10% Debentures 5,00,000 Secured loan Trade payables 2,60,000 24,40,000 Land and building 9,00,000 Plant and machinery 5,00,000 Investment 80,000 Inventory 5,20,000 Trade receivables 4,10,000 Cash at bank 30,000 24,40,000...
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BLtd. 6,00,000 2,50,000 1,60,000 Following are the summarised Balance Sheets of A Ltd. and B Ltd, as at 312 Particulars A Ltd. Share capital: Equity shares 10 each (fully paid up) 10,00,000 Securities premium 2,00,000 General reserve 3,00,000 Profit and loss account 1,80,000 10% Debentures 5,00,000 Secured loan Trade payables 2,60,000 24,40,000 Land and building 9,00,000 Plant and machinery 5,00,000 Investment 80,000 Inventory 5,20,000 Trade receivables 4,10,000 Cash at bank 30,000 24,40,000 The companies agree...
Assessment 1 - Part 2 Humbro Ltd Trial Balance as at 31st December 2016 £000 £000 5,500 550 7,500 5,250 1,100 8,000 3,000 1,700 10,000 17,750 4,700 Ordinary Shares of £1 each Ordinary Shares dividend paid Trade Receivables Trade Payables Administration Expenses 10% Debentures Inventory at 1st January 2016 Distribution Costs Purchases Revenue Retained Profit at 1 January 2016 I Land and Buildings at cost Plant and Machinery at cost Fixture and Fittings at cost Commission Received Bank Land and...
Pina Company has the following stockholders’ equity accounts at
December 31, 2020.
Common Stock ($100 par value, authorized 7,600 shares)
$505,600
Retained Earnings
291,700
Prepare entries in journal form to record the following
transactions, which took place during 2021. (Credit
account titles are automatically indented when amount is entered.
Do not indent manually. If no entry is required, select "No Entry"
for the account titles and enter 0 for the
amounts.)
(1)
290 shares of outstanding stock were purchased at...
Bramble Company has the following stockholders’ equity accounts
at December 31, 2017. Common Stock ($100 par value, authorized
8,600 shares) $455,900 Retained Earnings 311,600 Prepare entries in
journal form to record the following transactions, which took place
during 2018. (Credit account titles are automatically indented when
amount is entered. Do not indent manually. If no entry is required,
select "No Entry" for the account titles and enter 0 for the
amounts.) (1) 300 shares of outstanding stock were purchased at...
For a recent 2-year period, the balance sheet of Vaughn Company
showed the following stockholders’ equity data at December 31 (in
millions).
2017
2016
Additional paid-in
capital
$ 920
$ 818
Common stock
657
648
Retained earnings
7,190
5,260
Treasury stock
1,786
928
Total
stockholders’ equity
$6,981
$5,798
Common stock shares
issued
219
216
Common stock shares
authorized
500
500
Treasury stock shares
38
29
(a) Answer the following questions.
(1) What is the par value of the common stock?...
QUESTION 1 The following information is related to JT Company PLC (JT) as at 31st December 2018: Issued share capital of JT is $500 million and it comprises with 1,000,000 ordinary shares. JT is a quoted company and its current share price is $250. The dividend paid for the current year was $40 per share and growth rate of annual dividend payment is 5%. The retained earnings of JT were $100 million. JT has issued irredeemable preference shares for a...
CAMPBELL SOUP COMPANY Consolidated Balance Sheets (Millions, except per share amounts) July 30, 2017 319 605 902 74 1,900 2,454 2,115 1,118 139 $ 7,726 $ 1,037 666 561 111 20 Current assets Cash and cash equivalents Accounts receivable, net Inventories Other current assets Total current assets Plant assets, net of depreciation Goodwill Other intangible assets, net of amortization Other assets ($51 as of 2017 attributable to variable interest entity) Total assets Current liabilities Short-term borrowings Payable to suppliers and...