 |
|
| Browse | Ask | Answer | Search | Join/Login |
|
Check out some similar questions!
Nov. 15- Purchased $1,600 of merchandise on account from Martin Co, terms 1/30; paid $60 of associated freight charges in cash. My answer: Merchandise Inventory $1600 Accounts Payable $1600 Cash $60 Freight Expense $60...
Rajaram quit his job and started woodcraft comopany ( Service Firm) The transactions of the business for September are as follows. Sep 1 Began Business by investing cash Rs 10000 in exchange of 1000 shares 4 Paid two month Rent in advance for a shop Rs 2000 5 Bought Equipment...
CASE STUDY CONSOLIDATION WORKSHEET On 1 July 2007, Mickey Ltd acquired 80% of the shares of Mouse Ltd on an ex div basis. At this date, all the identifiable assets and liabilities of Mouse Ltd were recorded at amounts equal to fair value except for: Carrying ...
The holding company had 41.6% shareholding in company K and 3 months into the financial year, acquired the remaining 58.4%. How do I account for negative goodwill and what are the netting off entries on consolidation?
View more questions Search
| Question Tools | Search this Question |
Add your answer here.
|
