Which one of the following journal entry will be correct?

Q: The following are the items contained in the company's capital section of PT. Copyright as of March…

A: Dividend for 2000, 10% priority share = 4,000,000 x 10% = 400,000 Dividend for common stock…

Q: Please answer only A, B1 and B2

A: Journal entriesThe process of recording the day-to-day transactions of the company in the books is…

Q: Gender Corporation declared and issued a 6% share dividend on December 1. Prior to the declaration,…

A: Contributed capital is also known as paid in capital, it is the total cash and assets the investors…

Q: 1. On January 3, 2020, Castle Corporation purchased the following equity securities as an…

A: Notes: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the…

Q: Required: 1. What figure for goodwill on consolidation should appear in the consolidated statement…

A: The consolation is the accounting process in which the financial results of the parent company and…

Q: Equity Method for Stock Investment At a total cost of $2,016,000, Herrera Corporation acquired…

A: Under equity  method for stock investment, ownership percentage is calculated as acquired shares…

Q: Share capital, nominal IDR 10,000, 45,000 shares issued and outstanding Rp450.000.000 Additional…

A: Goodwill is the amount paid by acquirer company in excess of the interest acquired in net worth of…

Q: help

A: No. of shares issued under stock dividend = no. of shares outstanding x stock dividend rate =…

Q: XYZ Company issued at par 100 shares of $2 par common stock in exchange for land with a market value…

A: Introduction: Journals: Recording of a business transactions in a chronological order. First step in…

Q: Manapat Products Inc. was formed at the beginning of the year. Ordinary share has a P 25 par value.…

A: The question is related to Provide the explaination for the Journal Entries.

Q: Presented below are two independent situations. Situation 1 Sheridan Tables acquired 15% of the…

A: Financial transactions are documented in detail via journal entries, facilitating thorough…

Q: om Inc had these transactions pertaining to investments in common stock   Jan 1 Purchased 1,290…

A: Journal entries typically include the date of the transaction, the accounts involved, the amounts…

Q: Barton Company is a publicly held corporation whose $1 par value stock is actively traded at $33 per…

A: Solution: When shares are issued in exchange for a consideration other than cash such as any assets…

Q: Accounting for share investments Check Figure 2: Carrying value per share, $19.63 River Outdoor…

A: Stock investment It is a process under which shares are bought in a public company. Those shares are…

Q: XYZ Company purchased 5,000 of its own shares at $50 per share. DATE Debit…

A: Accounting entry for purchase of own shares   Equity A/c Debit Cash / Bank A/c   Credit

Q: Fair Value Journal Entries, Available-for-Sale Investments The investments of Steelers Inc. include…

A: Available for sale securities are the equity or the debt securities bought with the intent of…

Q: The following data is related to Y Corporation. On March 1, 2020: Y acquired 4% of the voting common…

A: The correct answer is c. Dr. Stock investment 20000 and Cr. Cash 20000.Explanation:Type of…

Q: Company A purchased a certain number of Company B's outstanding voting shares at $28 per share as a…

A: As per the Honor code of Bartleby we are bound to given the answer of first three sub part only,…

Q: Compute the amount of investment income (loss) reported by Peace from its investment in Symbol for…

A:

Q: Metlock Michael Inc. acquired 20% of the outstanding common stock of Theresa Ivanhoe Inc. on…

A: A journal entry records a business transaction in the accounting system for an organization. Journal…

Q: A company repurchased 10,000 of its outstanding ordinary shares with par value 2$ for 6$ in…

A: First, we need to understand the transactions that have taken place. The company has repurchased…

Q: On February 22, Stewart Corporation acquired 7,200 shares of the 200,000 outstanding shares of…

A: Costing method highlights Under the Costing method cost of the investment in securities is recorded…

Q: The following are the items contained in the company's capital section of PT. Copyright as of March…

A: The equity section of the company is given. Required  Calculate the dividend to be paid to each…

Consolidation

Consolidation in general examination implies an asset oscillating between well-defined methods of trading status. Consolidation is commonly known as market indecisiveness, which completes when the asset's values move forward or backward the trading structure.