(a) A company issued $ 500,000 6% debenture at par redeemable at par. (b) A company issued $ 500,000 6% debenture at 10% discount redeemable at par. (c) A company issued $ 500,000 6% debenture at 5% premium redeemable at par. (d) A company issued $ 500,000 6% debenture at par redeemable at 10% premium. (e) A company issued $ 500,000 6% debenture at 10% discount redeemable at 5% premium.

(a) A company issued $ 500,000 6% debenture at par redeemable at par. (b) A company issued $ 500,000 6% debenture at 10% discount redeemable at par. (c) A company issued $ 500,000 6% debenture at 5% premium redeemable at par. (d) A company issued $ 500,000 6% debenture at par redeemable at 10% premium. (e) A company issued $ 500,000 6% debenture at 10% discount redeemable at 5% premium.

Quickbooks Online Accounting

3rd Edition

ISBN:9780357391693

Author:Owen

Publisher:Owen

Chapter6: Investing And Financing Activities

Section: Chapter Questions

Problem 4.10C

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Q.No.2 What journal entries Punjab Corporation is made in the following cases. Also, prepare a balance sheet for each. You are also required to pass the journal entries following cases with your arid no. last four digits also 4221 arid no is total no. of debentures and Rs 100 each 6% debenture. (a) A company issued Rs. 500,000 6% debenture at par redeemable at par. (b) A company issued Rs. 500,000 6% debenture at 10% discount redeemable at par. (c) A company issued Rs. 500,000 6% debenture at 5% premium redeemable at par. (d) A company issued Rs. 500,000 6% debenture at par redeemable at 10% premium. (e) A company issued Rs. 500,000 6% debenture at 10% discount redeemable at 5% premium. Note: My last four digits of arid no is 4221
1. PGold Company provided the following trial balance on December 2020: Total credits amounting to P3,000,000 as follows; Bank overdraft P100,000, Accounts Payable P200,000, Accrued expenses P150,000, Ordinary share capital P1,500,000, Share premium P250,000, Retained earnings P800,000. Total debits of P3,000,000 composed the following; Accounts receivable P350,000, Inventory P600,000, Prepaid expenses P100,000, Land held for sale P1,000,000, Property, plant & equipment P950,000. Additional information: Checks amounting to 300,000 were written to vendors and recorded on December 29, 2020 resulting in a cash overdraft of P100,000. The checks were mailed on January 15, 2021. Land held for resale was sold for cash on January 31, 2021. The entity issued the financial statements on March 31, 2021. What total amount should be reported as as current assets?
1. PGold Company provided the following trial balance on December 2020: Total credits amounting to P3,000,000 as follows; Bank overdraft P100,000, Accounts Payable P200,000, Accrued expenses P150,000, Ordinary share capital P1,500,000, Share premium P250,000, Retained earnings P800,000. Total debits of P3,000,000 composed the following; Accounts receivable P350,000, Inventory P600,000, Prepaid expenses P100,000, Land held for sale P1,000,000, Property, plant & equipment P950,000. Additional information: Checks amounting to 300,000 were written to vendors and recorded on December 29, 2020 resulting in a cash overdraft of P100,000. The checks were mailed on January 15, 2021. Land held for resale was sold for cash on January 31, 2021. The entity issued the financial statements on March 31, 2021. What is the total shareholders equity?
1. PGold Company provided the following trial balance on December 2020: Total credits amounting to P3,000,000 as follows; Bank overdraft P100,000, Accounts Payable P200,000, Accrued expenses P150,000, Ordinary share capital P1,500,000, Share premium P250,000, Retained earnings P800,000. Total debits of P3,000,000 composed the following; Accounts receivable P350,000, Inventory P600,000, Prepaid expenses P100,000, Land held for sale P1,000,000, Property, plant & equipment P950,000. Additional information: Checks amounting to 300,000 were written to vendors and recorded on December 29, 2020 resulting in a cash overdraft of P100,000. The checks were mailed on January 15, 2021. Land held for resale was sold for cash on January 31, 2021. The entity issued the financial statements on March 31, 2021. What total amount should be reported as as current liabilities?
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और अधिशेष : अधिशेष (लाभ और हानि के विवरण में संतुलन) Liabilities Share capital Profite and Loss Alc General Reserves 12% Debentures Sundry creditors Bills Payable 6. The following is the Balance sheet of a company as on 31st March: 3101-06/8060 40,000 4,20,000 1,00,000 2015 (Rs.) Assets 2,00,000 Land and Building 30,000 Plant Machinary 50,000 8,40,000 1,32,000 ( 15 ) Stocks Sundry Debtors (5.) 2014 Bills Receivable Cash at Bank 24,000 (Rs.) 140,000 3,50,000 200,000 1,00,000 10,000 40,000 8,40,000 [P.T.O.]
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GIVE SHORT ANSWER The Statement of Financial Position and the Statement of Profit and Loss of ABC Bank include the following main items (thousand UAH): Of 31 December 2021 Customer accounts– 4500; Share capital – 1700; Other components of equity – 200; Due to NBU – 1200; Due to banks – 800; Mandatory reserves – 600; Due from banks – 1300; Loans to customers – 1000; Investment securities– 5000; Assets held for sale – 2000; Other fin. liabilities – 1500 For the year ended 2021 Interest expense – 800; Interest income – 2400; Fee and commission income – 1500; Fee and commission expense – 900; Foreign exchange transaction losses – 700; Foreign exchange transaction gains – 300; Administrative and other operate expenses – 260; Income tax – 100; The task: Set up a T-account balance sheet for the bank, with assets, liabilities and equity. Which liabilities item is the largest and what is its share (in %) in the structure of (Liabilities + Equity)? Define and explain this type of Liabilities…
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