Cequired : Calculate The adjustment to be made in each member's equity account !
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I want a explain how i can fill this table with details ask me In this question
MEMBER | Beginning Equity | Patronage duringlast five years |
Share of Total Cooperative patronage |
Adjusted Equity Requirement |
Equity Adjustment |
a | 1000 | 180 | |||
b | 3000 | 300 | |||
c | 3500 | 120 | |||
7500 | 600 |
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Solved in 2 steps
- Do required 1 and 2I need the answer as soon as possibleShare-based Compensation (Share Options) (PFRS 2)Problem 20. On January 1,2011, Smart Inc. granted 200 share options each to 1,000 employees,conditional upon the employee’s remaining in the entity’s employ during the vesting period. The shareoptions vests at the end of the three-year period. On grant date, each share option has a fair value ofP15. By December 31,2011, 200 employees have left and it is expected that on the basis of aweighted average probability, a further 100 employees will leave during the vesting period. ByDecember 31,2012, 150 employees have left and it is expected that a further 50 employees will leaveduring 2013. By December 31,2013, 100 employees have left. Ten share options are needed for thepurchase of one Ordinary Shares with par value of P10 at P12 per share. On January 1,2014, allshare options are exercised.Required: A. Prepare the adjusting entry on December 31,2011, 2012 and 2013.
- 2. Determine for each plan the earnings per share of common stock, assuming that the income before bond interest and income tax is $650,000. Earnings per share of common stock per share per share per share Plan 1 Plan 2 Plan 3 +A +A +A2. The owners are desirous of comparing serval financial transactions and possible outcomes to assist in guiding their decision-making process. They assume that the company will be formed on January 1, 2020 and that Mulatto Company's charter will authorize 1,000,000 shares of common stock and 400,000, $100 par value, 5% cumulative preferred stock. Issued 100,000 shares of common stock. Stock has par value of per $0.60 share and was issued at $30.00 per share. Issued 14,000 shares of preferred stock at par value as payment in exchange for legal services. • Exchanged 260,000 shares of common stock for land with an appraised value of $650,000.00 and a building with an appraised value of $500,000.00 Earned Net income $900,000.00.) Paid dividends to preferred shareholders as well as $2 per share to common stockholders. Using the info above and as a guide:. A. Prepare Mulatto Company's Stockholders equity section of the balance sheet at December 31, 2020. The following information must be…Prepare the Statement of Changes in Equity for the year ended 28 February 2022. INFORMATION The information given below was extracted from the accounting records of Sunray Traders, a partnership business with Sunny and Raymond as partners. Extract from the ledger of Sunray Traders as at 28 February 2022 CREDIT DEBIT R Capital: Sunny 1 000 000 Capital: Raymond 600 000 Current alc Sumy (01 March 2021) 60 000 Current alc Raymond (01 March 2021) 40 000 Drawings: Sunny 300 000 Drawings Raymond 400 000 The following must be taken into account: (a) The Statement of Comprehensive Income refected a net profit of R900 000 for the year ended 28 February 2022 (b) The partnership agreement provided for interest on capital at 12% p.a on the balances on the capital accounts. Note: Sunny increased his capital contribution by R200 000 on 01 June 2021 whilst Raymond decreased his capital contribution by R200 000 on 01 September 2021. The capital changes have been recorded. (c) The partrers are entided…
- PLEASE DO NOT GIVE SOLUTION IN NIMAGE FORMATHelp me please and kindly provide complete solutions.Problem 24. On January 1, 2015, ID Inc. granted to an employee the right to choose either: a. 12,000 share (Share or Equity Alternative) (Share options) b. Cash payment equal to market value of 10,000 shares (Cash Alternative) (Share appreciation rights) The grant is conditional upon the completion of three years of service. If the employee chooses the share alternative, the shares must be held for three years after vesting date. The par value of the shares is P25 and at grant date on January 1, 2015, the share price is P51. The share prices for the three-year vesting period are P54 on December 31, 2015, P60 on December 31, 2016 and P65 on December 31, 2017. After taking into account the effects of post-vesting restrictions, the entity has estimated that the fair value of the share or equity alternatives is P48 per share. Required: Based on the result of your audit, determine the following: 1. Compensation expense for year 2015 2. Compensation expense for year 2016 3. Compensation…
- years. SUFFUSE estimates that the fair value of each share option employee remaining in SUFFUSE's employ over the next thre options to each of its 100 key employees conditional upon each On January 1, 20x1, SUFFUSE TO FILL Co. grants 1,000 shane Use the following information for the next four questions: Fact pattern: is P30, 3. On the basis of a weighted average probability, SUFFUSE Co. estimates on January 1, 20x1 that 20 per cent of employees (100 x 20% = 20 employees) will leave during the three-year period and therefore forfeit their rights to the share options. During 20x1, 2 employees left. The entity revised its estimate of total employee departures over the three-year period from 20 per cent (20 employees) to 15 per cent (15 employees). During 20x2, additional 3 employees left. The entity revised its estimate of total employee departures over the three-year period from 15 per cent to 12 per cent (12 employees). During 20x3, additional 5 employees left. Hence, a total of 10…Complete solution of required 2 please. And journal entries. Thanks.Help Save & Exit Submit The following data were reported by a corporation: Authorized shares 26,000 Issued shares 21,000 Treasury shares 6,500 The number of outstanding shares is: Multiple Choice 26,000.