11.please help me and dont ask me to contact you for $3 charge P acquired 80% of the capital of S on 1 January 2021. At the year end 31 December 2021 thetwo companies have the following statements of financial position:PInvestment in SOther assetsShare capitalShare premiumRetained earnings1 January 2021Profit for year 2021Notes1.2.$4,0008,00012,0006,0004,0002,0006,00012,000S$4,0004,0001,0005001,5001,0004,0002,500Non-controlling interest is valued at fair value on acquisition, which was $2,300 on 1January 2021.There has been no change in S's share capital during the year.Required:Prepare the consolidated statement of financial position of the P group as at 31 December2021.

The consolidated financial statements are the statements that is prepared by the holding company to…

P acquired 80% of the capital of 5 on 1 January 2021. At the year end 31 December 2021 the two companies have the following statements of financial position: P Investment in S Other assets $ 4,000 8,000 12,000 S $ 4,000 4,000

P acquired 80% of the capital of 5 on 1 January 2021. At the year end 31 December 2021 the two companies have the following statements of financial position: P Investment in S Other assets $ 4,000 8,000 12,000 S $ 4,000 4,000

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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NOVA Lanes is a bowling alley. Review the following financial information as of December 31, 2022. Services revenues (lane and shoe rental) $131,500 Dividends $9,000 Sales revenues (from pro shop) 28,000 Notes payable 58,000 Accounts payable 13,700 Administrative expenses 137,000 Cash 14,600 Supplies 2,500 Equipment 106,500 Common stock 35,000 Retained earnings (1/1/2022) 5,400 Compute net income for NOVA Lanes for 2022.
nts & Tests - FINA222 E Sign In in Connect M MHE Reader X + https://player-ui.mheducation.com/#/epub/sn_7cac#epubcfi(%2F6%2F422%5Bdata-uuid-49fada7a8= 15. Determining the Cost of Insurance. Suppose you are 45 and have a $50,000 face E LC amount, 15-year, limited-payment, participating policy (dividends will be used to build up the cash value of the policy). Your annual premium is $1,000. The cash value of the policy is expected to be $12.000 in 15 years. Using time value of money and assuming you could invest your money elsewlhere for a 7 percent annual yield, calculate the net cost of insurance. 30 ond hove n $25 000 face
Mookie the Beagle Concierge makes a payment on the VISA credit card on 01/31/2023 in the amount of $800. Required: To record the payment on the VISA credit card: 1. From the Navigation Bar, select Expenses > select Expenses tab 2. From the New transaction drop-down menu, select Pay down credit card 3. For Which credit card did you pay?, select 2100 VISA Credit Card 4. For How much did you pay?, enter 800.00 5. For Date of payment, enter 01/31/2023 6. For What did you use to make this payment?, select 1001 Checking 7. Select Save and close 8. What is the balance of the VISA Credit Card account after the credit card payment is recorded? Note: Answer this question in the table shown below. Round your answer to the nearest dollar amount. X Answer is complete but not entirely correct. $ 800.00 x 8. Balance of the VISA credit card account
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EB3. LO 7.2Match the special journal you would use to record the following transactions. A. Cash Receipts Journal i. Took out a loan from the bank B. Cash Disbursements Journal ii. Paid employee wages C. Sales Journal iii. Paid income taxes D. Purchases Journal iv. Sold goods with credit terms 1/10, 2/30, n/60 E. General Journal v. Purchased inventory with credit terms n/90 vi. Sold inventory for cash vii. Paid the phone bill viii. Purchased stock for cash ix. Recorded depreciation on the factory equipment x. Returned defective goods purchased on credit to the supplier. The company had not yet paid for them.
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00 X + Create 24 Find text or tools Q ℗ 4 Question 4 The following cash book receipts can be found in the books of Bushveld Traders for April 2024: X 2024 Al Assistant (Marks:15) Doc No Day e DR510 1 Jock Bush Α B/S 04 8 00 Jedi Dealers Internet sales A Details Fol. Analysis of Receipts (R) Bank (R) Debtors Control (R) Output VAT (R) Sales Sundries (R) Amount Fol. Details 82 080 00 82 080 00 82 080 00 Capital 75 753 00 9 880 83 65 872 17 B C B/S 04 15 Blah Bank: Interest 906 30 on deposit D E FL G DS327 21 Stuart Smith cash 17 907 12 17 907 12 sales H DS328 24 Commercial 8 406 36 8 406 36 B/S 04 DS329 27 DR511 30 26 Tenant: Bill Tong Norma Edwards J K L 6 947 35 6.947 35 B Belton cash sales 84 303 00 84 303 00 10 996 04 73 306 96 Steve Brown ? M N 352 431 01 O 154 750 54 ? Abbreviations in the Document Number column: DR, B/S, and DS, indicate Duplicate Receipts, Bank Statement and Duplicate Cash Slips respectively. Required: ments Fill in the missing amounts/details for the letters A…