I want to ask for help for the questions 59-61 thanks d.P270,000same information given in MC57.compensation expense should be recorded for the year endedMC58 Use theHow muchDecember 31, 2021?P 96,000P108,000P120,000P258,000a.b.C.d.MC59 Rod Company had 50,000 shares of P50 par value ordinaryshare outstanding and 5,000 shares of P100 par preferenceshare outstanding.share is P120 and total shareholders' equity amount toP3,600,000.P140 per share and no dividends are in arrears.book value per ordinary share?The current market value of the ordinaryThe preference share has a liquidation value ofWhat is theP 50.00P 58.00P 72.00a.b.с.d.P120.00MC60 The Mike Corporation's statement of financial position showstotal shareholders' equity of P3,150,000 as of December 31,2020.What is the book value per share, assuming that the companyhas only one class of share capital outstanding consisting of50,000, P10 par ordinary shares?P10.00P63.00P70.20a.b.с.d.P73.00company has two classes of share capital outstanding consistingof the following: 5,000, P100 par value preference shares with aliquidation value of P120 per share and 50,000, P10 par valueordinary shares.MC61 Use the same information given in MC57. Assume that the175 Chapter 2 - Shareholders’ EquityWhat is the book value per ordinary share?P10.00a.b.P51.00P53.00с.d.P63.00reported the following results for each of itsoperations.MC62 The Meg Company began operations in JanuP520,000 lossP80,000 lossP1,600,000 profit201820192020At December 31, 2020, Meg Company's capital afollows:8% Cumulative Preference Share Capital,P100 par; 50,000 shares authorized,issued and outstandingOrdinary Share Capital, P10 par;-1,000,000 shares authorized;750,000 shares issued and outstandingMeg Company has never paid a cash or bonuhas been no change in its capital accountoperations in 2018. The corporation law permfrom retained earnings.

MC59 Rod Company had 50,000 shares of P50 par value ordinary share outstanding and 5,000 shares of P100 par preference share outstanding. share is P120 and total shareholders' equity amount to P3,600,000. The preference share has a liquidation value of P140 per share and no dividends are in arrears. book value per ordinary share? The current market value of the ordinary What is the P 50.00 P 58.00 P 72.00 a. b. С. d. P120.00

MC59 Rod Company had 50,000 shares of P50 par value ordinary share outstanding and 5,000 shares of P100 par preference share outstanding. share is P120 and total shareholders' equity amount to P3,600,000. The preference share has a liquidation value of P140 per share and no dividends are in arrears. book value per ordinary share? The current market value of the ordinary What is the P 50.00 P 58.00 P 72.00 a. b. С. d. P120.00

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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E 3 17 R H Herzing College | Canadian Care: X HAC202 Acc Il 07/23: Topic Four A: X + https://online.herzing.ca/mod/assign/view.php?id=333642 HERZING Question 7: Submission status Big Trust is a non-governmental organization that gives charity to orphans in Ontario. The members of the Trust make subscriptions to fund the organization. There are ten members who are required to make subscriptions of $140,500 each per annum. All subscriptions for the year 2020 were received. Three members contributed a total of $240,640 in excess for that year. They agreed that the excess subscriptions can be carried forward to the following year. Required: 1. What is the accounting name given to theses excess subscriptions? 2. Shall the excess subscriptions be recorded as assets or liabilities of Big Trust? Explain. 3. Provide the end of the year accounting treatment for the excess subscriptions as they would appear in: o The income statement • The statement of financial position Submission A ✩ No attempt…
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I need all four question to be solved....if you can't give all four part....don't attempt this question .... (A) multiple choice: 7.80% 7.88% 7.69% 7.50% 7.62% (B) Multiple choice: 7.49% 6.84% 7.20% 7.33% 7.56% (C) multiple choice: 1.39% 2.04% 2.06% 1.86% 1.96% (D) multiple choice: 11.14% 16.38% 16.54% 14.97% 15.85%
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ent II - Chapter 5 Saved Help Save & E 13 1.46853 0.68095 14 1.51259 0.66112 15 1.55797 0.64186 16 1.60471 0.62317 15.6178 10.63496 16.0863 10.95400 17.0863 11.29607 18.5989 11.93794 17.5989 11.63496 19.1569 12.29607 20.1569 12.56110 20.7616 12.93794 Monica wants to sell her share of an investment to Barney for $140,000 in 4 years. If money is wOrth 6% compounded semiannually, what would Monica accept today? Multiple Choice 110,517 $ 109.263 ( Prev 7 of 15 Next>