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- 4. Raymundo purchased 200 common, shares of Advance Corporation at P55 per share. At the end of the year, he received a 10% stock dividend in common shares, The day after receipt of the dividend, he sold 40 shares at P 60 per share. The gain on sale is CS Scanned with CamScannerANotes X A Soluti x A Notes x A Soluti x A Tuton X Answ X OTgzNDkyOTcw/a/MJU1MTU2OT94NZAX/details 2. The following trial balance was extracted from the books of Syarikat Wawa at 31 Mac 2020: RM 83,030 1,620 800 145,800 10,000 8,500 232,950 68,000 3,600 8,400 4,300 9,600 3,180 28,400 16,440 Particulars Capital Carriage in Carriage out Purchases Office equipment Motor vehicle Sales Wages and salaries Rent and rates Lighting and heating Vehicles running cost Telephone expenses General office expenses Debtors Creditors Provision for depreciation: Motor vehicle Office equipment Provision for doubtful debts 4,250 4,000 500 13,570 6,200 Drawings Cash at bank Cash in hand Stock as at 1 April 2019 Return inwards Return outwards 300 8,000 3,800 2,900 Additional information as at 31 Mac 2020: Stock on hand was valued at RM8,800 Rent and rates prepaid RM1,200 Wages and salaries RM1,750 iv. i. ii. i. Depreciation is to be provided as follows: a. Motor vehicles b. Office equipment 50 % reducing…i 1:50 O O *UN 40 80% 5 The company dseouteda P10.000, 0 ay, 6 ne on November 15, 2019, Orgnal entry Adisting ertry PHACTICAL EXERCISE testruction: Lung the ecerse mettod tis tare, p te ongral entry ot the tregoing ransations and the neonsary adjuing ery at the end of the acrting pered. Der. 31,201a Protiem Tha trai talance ot the Mabils Fapar Shop appean below at the and f in calondar penad MABLIS REPAR SHOP Trial Balance Decenter 31, 2019 Cash an tand Accounta Recevable Estnand Uncotectbie Accourta 10.000 25.000 P. 1.000 30.000 750 Ns Receivatie Shop Equohert Actumuuted Depreciafen-Shep Egipmert Furte and Fature Acrumuuted Deorsaton-Fuinture ard Fatue Accourts Poyable tows Payable Lenes Capits Leynes, Driwing Service ncome Salares Expanse Rant Expense Suopies Erper Tann and Liman Ligt and Water Expenua 2000 .000 5.000 11.000 12.000 44.750 1.000 30 D00 8000 4000 1.500 1000 105.500 105.S00 A4ssoral ielomation 1. Urpad taxes P600 2 Acorued satarien P1000 1 Acortued interst on netes…
- I need typing clear urjent no chatgpt use i will give 5 upvotesWhich of the follwing is correct about the traditional approach. Select one: a. All of these b. Looking after the accounting and legal work connected with the raising of funds c. Estimation of requirements of finance d. Arrangement of fundsQuestion 45 - MidTerm, Chapte x Oato mlaONCLeton Wnepindex frim co oeb browners0SlounchUrlchttps %253A%252F%252Fims.mhe H Netflix * 192.168.23.72/Ed... * https://ee.dde.pr.. M Gmail B YouTube Maps Traducir Sp eSantaFe Iniciar s.. Sist MidTerm, Chapters 1-7 TB MC Qu. 7-88 Lake Incorporated purchased all of the outstanding stock of... 45 Lake Incorporated purchased all of the outstanding stock of Huron Company, paying $1,035,000 cash and fair values of acquired assets and liabilities were: Book Value Fair Value $145,000 625,000 Current assets (net) $160,000 Property, plant, equip. (net) Liabilities 2:30 825,000 200,000 200,000 Lake would record goodwill of: Multiple Choice $250,000.
- 117 For B.A/B.COM apter - 4 Day:. Questions @Nat The prabability that. the Lumy Date: 20 athod: vchicle anledng Cavens has Canadian. ligense plates is 0, 12; the probability that it is Camper is 0,28; and the probability that iš a Camper with . aqual to Canadian license plates is 009. What is the piobability Hat 1 iJe A Campe betta enfering the Lumy Cavens has Canadian license.Sunland Company's balance sheet shows: Common stock, $20 par $3,200,000 Paid-in capital in excess of par 1,010,000 Retained earnings 790,000 Record the following transactions by the cost method. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) (a) Bought 7,800 shares of its common stock at $36 a share. (b) Sold 4,100 treasury shares at $38 a share. (c) Sold 1,900 shares of treasury stock at $31a share. Debit Credit No. Account Titles and Explanation (a) 1O Type here to searchwhat is the CPR and SMM for PSA 0.75 and 1.50 in months 1, 10, 20, 30.
- (31) 41 ← → C Permiss Pos X Drag ea в HELP! CB U.S. Ce M (no sub + f2.app.edmentum.com/assessments-delivery/ua/la/launch/69158/45467537/aHR0cHM6Ly9mMi5hcHAUZWRtZW50dW0uY29tL2xlYX... < 21 https:// Graph.x ABC Co Previous 21♥ Next → Post Test: Mathematical Models and Investments Type the correct answer in each box. Use numerals instead of words. An investment worth $50,000 has these expectations of returns: • 30% chance of ending up worth $40,000 • 50% chance of ending up worth $50,100 • 20% chance of ending up worth $65,000 Determine the expected value and risk. The expected value of the investment is $ © 2023 Edmentum. All rights reserved. C The investment is risky because it has only a Reset OG Next R https:// Submit Test TXVS N ES Reader Tools % chance of making a significant return. Apr 21 12:07 S InOpline Test Window- Google Chrome tests.mettl.com/test-window/f55ac827%#/testWindow/0/21/1 EY Accounting Assessment 0 Total 00:54:18 Finish Test Section 1 of 1 Section #1 v 15 16 17 18 19 20 21 22 24 23 25 22 of 45 All 2 43 Question # 22 Revisit Choose the best option Suppose that an entity has paid one of its liabilities twice during the year, in error The effects of this O Assets, liabilities, and equity are understated. mistake would be O Assets, net income, and equity are unaffected. O Assets and liabilities are understated. O Assets and net profit and equity are understated, and liabilities are overstated. Next Question Prev Question -91-82878-03040 Zaineh Support +1-650-924-9221 4:14 PM metti 1/16/2021A Question Completion Status: 1 2 3 5 8 9 10 11 12 13 14 15 Close Window A Moving to another question will save this response. Question 2 of 15 Save Answer Question 2 XYZ reports the following information for 2022: sales revenue $1,000,000; cost of goods sold $500,000; operating expenses $290,000; gain on sale of land $50,000; an unrealized gaun in the value of the office building of $160,000; an unrealized loss on available-for-sale securities of $40,000; and an unrealized gain in the value of the company's reputation of S100,000. It declared cash dividend of $150,000 (of which $37,500 will be paid 1/15/23) in 2022. The company issued 15,000 shares on 8/1/22 for equipment valued at $70,000and 10,000 shares on 4/1/22 for $50,000. Tax rate for 2022 is 20%. As of 12/31/21, XYZ has common stock PV $3, issued 100,000 shares at an average issue price of $4.50; accumulated other comprehensive income S120,000; and retained earmings S600,000. Prepare the Stockholders' equity section of the…