No. 2.8Dona Co, reports the following informations for 2017:No DescriptionSales Revenue2 Cost of goods soldOperating ExpenseUnrealized holding loss on non trading equity securities forAmount (Rp)750.000.000,-500.000.000,-380.000.000,-450.000.000,-2017Cash devidend paidBalance January 1, 2017 in share capital-ordinary10.000.000,-350.000.000,-56Balance January 1, 2017 in accumulated other comprehensiveincome related to the unrealized holding loss.8 Balance January 1, 2017 in Retained Earnings780.000.000,-90.000.000,-It issued no ordinary shares during 2017. Ignore income taxes.Instruction:Prepare a Statement of Changes in Equity.

Statement of changes in equity (statement of stockholder's equity) : It shows the changes in owner's…

Dona Čo, reports the following informations for 2017: No Description 1 Sales Revenue 2 Cost of goods sold 3 Operating Expense Unrealized holding loss on non trading equity securities for Amount (Rp) 750.000.000,- 500.000.000,- 80.000.000,- 4 50.000.000,- 2017 5 Cash devidend paid Balance January 1, 2017 in share capital-ordinary 10.000.000,- 350.000.000,- Balance January 1, 2017 in accumulated other comprehensive income related to the unrealized holding loss. 8 Balance January 1, 2017 in Retained Earnings 7 80.000.000,- 90.000.000,- It issued no ordinary shares during 2017. Ignore income taxes. Instruction: Prepare a Statement of Changes in Equity.

Dona Čo, reports the following informations for 2017: No Description 1 Sales Revenue 2 Cost of goods sold 3 Operating Expense Unrealized holding loss on non trading equity securities for Amount (Rp) 750.000.000,- 500.000.000,- 80.000.000,- 4 50.000.000,- 2017 5 Cash devidend paid Balance January 1, 2017 in share capital-ordinary 10.000.000,- 350.000.000,- Balance January 1, 2017 in accumulated other comprehensive income related to the unrealized holding loss. 8 Balance January 1, 2017 in Retained Earnings 7 80.000.000,- 90.000.000,- It issued no ordinary shares during 2017. Ignore income taxes. Instruction: Prepare a Statement of Changes in Equity.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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QUESTION I Below are the balances available for Delima Berhad as at 31 December 2015: Statement of Financial Position of Delima Berhad as 31 December 2015 RM 170,000,000 115,000,000 150,000,000 435,000,000 Non-current assets Current assets (except cash at hank) Cash at bank Issued share capital 100,000,000 ordinary shares Retained profits Non-current liability 50,000,000 5% redeemable preference shares Current liabilities Additional information: On 1 January 2016, the directors decided on the following matters 100,000,000 3. To redeem 5% redeemable preference shares at a premium of 10% 240,000,000 55,000,000 20,000,000 435,000,000 1. To issue bonus shares of one (1) ordinary shares for every ten (10) shares held to the existing shareholders. 2. To repurchase 2,000,000 ordinary shares at RM1.50 each for cancellation. (u 4 To issue 30,000,000 ordinary shares at RMI. The application were paid and fully subscribed Required: a) Prepare journal entries to record above transactions b) Prepare…
pp. Subject :- Accounting
Provide Answer for A and B
Consider the following data being taken out of the trial balance of GPA Ltd. as at 31 March 2017: Dr Cr Ordinary shares of $5 each 520,000 Preference shares of $1 each 10,000 8% debentures 84,000 General reserve 89,700 Retained profits 145,623 Motor vehicles at cost 175,000 Machinery at cost 196,000 Accumulated depreciation - vehicles 109,500 Accumulated depreciation - machinery 127,800 Stock at 31 March 2016 94,403 Debtors 225,640 Creditors 91,661 Cash at bank 566,662 Purchases 222,820 Sales 630,260 Wages & salaries 73,740 General expenses 84,608 Directors’ remuneration 30,364 Rent and rates 100,807 Debenture interest 2,880 Interim dividend paid – Ordinary shares 9,400 Interim dividend paid – 10%…
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