Organization cost when incurred during the organizational stage shall be charged to- a) Organization Expense b) Retained Earnings c) Share Premium d) Share Capital

Q: hich of the following elements of financial statements is most closely related to company…

A: Financial statements are important reports that provide financial data about a firm at a certain…

Q: Appropriation for accumulated profits, if reflected in separate account, shall be shown as        a.…

A: Solution: Appropriation for accumulated profits, if reflected in separate account, shall be shown…

Q: What are the principal considerations of a board of directorsin making decisions involving dividend…

A: Definition:

Q: Determine the total amount of dividends that must be declared to meet the dividend goal of the…

A: The determination of total amount of dividends that must be declared to meet the dividend goal of…

Q: Retained earnings refer to the portion of a corporation's profits that are paid out to shareholders.…

A: B.  false Retained earnings are not paid to shareholders.  Generally dividend paid to shareholders ,…

Q: Organize the following under Income Statement, Share Holder's Equity, and Balance Sheet. a.…

A: The financial statement is used for reporting the financial performance of the company over a…

Q: by The financial performance of an entity is calculated Select one: A. a decrease in expenditure. B.…

A: The financial performance of the company is the overall standing of the company in the categories of…

Q: Analysis of firm profitability – indicators, their meanings and relation to each other, methodical…

A: The income statement is a financial statement that shows the income and expenses of a company. It…

Q: Which item of the income statement represents the taxable income of the firm?     EBIT…

A: Taxable income is the income after deducting all the expenses in the business, before applying tax…

Q: Accounts for ABC Services at July 31, the end of the current year, are listed below. The common…

A: Formula: Net profit = Total revenues - Total expenses

Q: According to IAS 39 Financial Instruments: Recognition and Measurement, at what amount should a…

A: IAS 39 is an Indian accounting standard which is related with the recognition and measurement of the…

Q: describe how earnings per share is calculated and calculate and interpret a company’s earnings per…

A: Earnings per share (EPS) is a company's net profit divided by the number of common shares it has…

Q: 4. ABC Company had the following classes of shares outstanding as of December 31, 2020: Ordinary…

A: Cumulative preference share holders are are those shareholders having right of of previous dividend…

Q: Shareholder value is defined as a. A company's value utilized prevailingly by creditors  b. A…

A: Shareholder value is the value which is the increased worth generated by a business for its…

Q: Define Statement of retained earnings

A: The statement of retained earnings is a statement that depicts the amount of profit retained by the…

Q: Critically analyse a company capital structure and the factors that influencesit.

A: Introduction: Capital structure is nothing but the debt and securities that are included in the…

Q: accounting treatment for a corporate organization cost

A: Corporate organization cost is the cost incurred in forming the corporation.

Q: Resources of a company are referred to asa. Liabilities. b. Stockholders’ equity. c. Dividends. d.…

A: Assets: Assets are those items that provide value for money and future economic benefit for an…

Q: Which of the following is included within the financial statements? A. Board of Directors' Report…

A: Financial statements: These refer to the formal or official records of the activities of the…

Q: The return on assets ratio measures: the efficient use of assets by management the liquidity of the…

A: Ratios Analysis The study or analysis of the line items included in the company's financial accounts…

Q: ABC Corporation's board of directors declared a P750,000 cash dividend on September 1, 2021, payable…

A: Dividend: dividend is the portions of profit given to the shareholders by the company There are…

Q: Which of the following activities is associated with the management accounting information system?…

A: The Question has covered the concept of Cost of Quality. The Cost of Quality is a method of measures…

Q: Resources controlled by a company as a result of past events are: C . liabilities.

A: Given: The past even results in a company that controls the resources.

Q: What is the significance of a pro forma income statement in the context of a company?

A: Define the term: The phrase "for the sake of form" refers to the pursuit of formality. It is used to…

Q: A major difference between IFRS and GAAP relates to the Revaluation surplus account. Retained…

A: There are various difference among the GAAP and IFRS: GAAP is Rules based whereas IFRS is…

Q: Based on which of the following concepts, is share capital account shown on the liability side of a…

A: Business entity concept says that both businessmen and business are separate person. Business has…

Q: Net income reported by a company has what impact on retained earnings and total stockholders equity

A: Retained earnings represent the accumulated profit over a period of time for the company.  The…

Q: Appropriation for accumulated profits, if reflected in separate account, shall be shown as a.…

A: Solution: Appropriation for accumulated profits, if reflected in separate account, shall be shown as…

Q: Compare and contrast horizontal and vertical analysis?

A: “Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: Describe Earnings Available to Common Shareholders.

A: Earnings: The bottom line of income statement which is the result of excess of earnings from…