When share appreciation rights are granted to employees

Q: When a company uses the the effective-interest method to amortize a bond discount amortization, the ...

A: As per effective interest method, there are two ways of recognizing the interest expense. first the ...

Q: answer no. 17 only, pleasee, I only need the schedule of safe payments

A: Before answering we must have a knowledge of the following: Installment Liquidation: Under this meth...

Q: Jason is a 50% partner in Shadow Lake Partnership. Jason's tax basis in Shadow Lake on January 1 was...

A: A partnership firm seems to be a type of business wherein two or even more partners agreed to split ...

Q: 000. The yield to matu = first coupon and sell urity of this bond decre

A: Given as, The Price of a Bond in 2021 is $100,000.

Q: [S1] By executing a rights offering, we acknowledge the preemptive right of current ordinary shareho...

A: Rights offering or rights issue means a group of rights is offered to existing or current shareholde...

Q: Blue Spruce Limited reported profit of $436,010 for its November 30, 2021, year end. Cash dividends ...

A: Profit available to common share holders= Net profit- Preference dividend = 436010-69500 = 366510  

Q: e data shown were obtained from the financial records of Italian Exports, Inc., for March: Estimate...

A: Budget will help to find any mistakes in planning, hence a business can take corrective measures and...

Q: 19. You have the following information about Bob's Electronics and the electronics industry. Ratio I...

A: Industry averages (of profitability ratio) have been commonly used as standards or tools to assist b...

Q: January 1, year 1, ABC Corporation purchased 80% of XYZ Corporation's P10 par common stock for P975,...

A: As per IFRS 3 business combination, at the time of acquisition all assets and liabilities are valued...

Q: What is commercial risk?

A: In financial terms, risk is defined as the possibility that the real profits from an outcome or inve...

Q: Is: On January 2, year 1, ABC Company purchased 75% of XYZ's outstanding common stock. On that date,...

A: In the given question, since ABC has not issued any fresh common stock, therefore, the amount of com...

Q: A company reports the following sales-related information. Sales, gross Sales discounts $ 260,000 Sa...

A: The question is related to Multi-Step Income Statement (Partial).  A multi-step income statement is ...

Q: Contribution margin income statement data for the most recent year follow: Total Cat Food Dog Food $...

A: Total operating income with Dog food line is given at $78,000. If the Dog food line is discontinued,...

Q: sheet (see below). Given the following post-closing trial balance, prepare the classified balance sh...

A: Solution:- Preparation of balance sheet as follows under:- Balance sheet shows financial position o...

Q: Cullumber Electronics issues a $355,500, 3%, 10-year mortgage note on December 31, 2021. The proceed...

A: A mortgage note is a promissory note or document containing terms and conditions of the mortgage. It...

Q: Cerise Company would record a note payable of_____, if the terms of the loan with a bank are as foll...

A: Present value (PV) of an future amount is equal amount of such at present, discounted at a particula...

Q: Echo Amplifiers prepared the following sales budget for the first quarter of 2018:   Jan. Feb. Mar....

A: Total Selling and Administrative Expenses=Total Variable Selling and Administrative Expenses+Total F...

Q: If money is compounded monthly at 6.42%, how much must she pay each month? Round off to two decimal ...

A: Principal Amount of Loan = Total Amount - Down Payment Monthly Payment = P x r / [1 - {1 / (1 + r)^n...

Q: Exercise 8-50 (Algo) Job Costing and Process Costing (LO 8-7) Coastal Cycles makes three models of e...

A: The correct answer for the above mentioned question is given in the following steps for your referen...

Q: pare sary urnals for 1. Cash paid to Sara BD 600 2. Sold Furniture BD 15000 3 Salary Paid B D 6000 S...

A: These are the accounting transactions that are having a monetary impact on the financial statement o...

Q: Onix Limited made an offer to the public via a prospectus of 1,000,000 shares with an issue price of...

A: A journal entry is a form of accounting entry that is used to report a business transaction in a com...

Q: COBLEM 14–18 Common-Size Statements and Financial Ratios for a Loan Application LO14–1, 14-2, LO14–3...

A: (a)                                                    Sabin Electronics                            ...

Q: A contractor has been appointed to complete alterations to buildings owned by Bangkok. The contract ...

A: The Number of shares to be issued are 24,444 Shares ( (BD2,200,000 *50%) / BD45)   Nominal value = 2...

Q: X Company Y Company Amount Percent Amount Percent Sales $ 148,000 100.00 $ 148,000 100.00 Variable c...

A: Formula: Break even sales value = Fixed cost / Contribution margin ratio

Q: 2. What total amount should be reported as current liabilities on December 31, 2021? Sunflower Compa...

A: Current liabilities are short-term obligations of the company. Those obligations which are to be pai...

Q: Blue Spruce Limited reported profit of $436,010 for its November 30, 2021, year end. Cash dividends ...

A: Profit available to common shareholders = Net income - Preferred dividends = $436,010 - $69,500 = $3...

Q: Lyle Company is preparing financial statements for the year ended December 31,2021.Accounts payable ...

A: When a product has been sold "FOB shipping point" the customer assumes all risk after the seller sen...

Q: The following monthly data in contribution format are available for the MN Co. and its only product:...

A: Projected sales to achieve target profit is calculated by using CVP analysis ( cost-volume-profit), ...

Q: Page 4 of 4 12. Mr. Bean receives a monthly basic salary of P38,000. He also receives P2,000 monthly...

A: Total Compensation = 38000 +2000 +2000 +500                                    = php 42,500

Q: A loan of £50, 000 is repayable by equal payments at the end of each of the next 5 years. Interest i...

A: A sum of money payable as one of the numerous equal payments over a certain period of time is referr...

Q: [The following information applies to the questions displayed below.] Diego Company manufactures one...

A: Contribution margin is the amount computed after deducting the variable expenses from the sales.

Q: Convert the following cash flows to an equivalent single payment at t=6 when i=7%. $1500 $1250 $1250...

A: In the given question, different sums are received during different periods. If these are to be conv...

Q: Most home insurance policies cover jewellery and silverware for a limited amount unless items are co...

A: Amount not covered=Stolen Worth-Total Claim

Q: Wilma Company experienced a P500,000 decline in the market value of inventory at the end of the firs...

A: ANSWER The correct option is d.) first quarter 0 , Second quarter 0 EXPLANATION Interim periods are ...

Q: Preparing the Adjusting Entries at Year-End On Nov. 30, 2016, the end of fiscal year, the following ...

A: GIVEN   Preparing the Adjusting Entries at Year-End On Nov. 30, 2019, the end of fiscal year, the fo...

Q: Magic Realm, Incorporated, has developed a new fantasy board game. The company sold 52,200 games las...

A: Answer 1-a) Contribution Margin Income Statement Sales Revenue (52,200 units X $ 68 per unit...

Q: At the beginning of the year, Craig Company had the following standard cost sheet for one of its pla...

A: Solution:- 1)Calculation of  labor rate variance as follows under:-  Labor rate variance = ( Standar...

Q: Direct Materials Purchases Budget Tobin's Frozen Pizza Inc. has determined from its production budge...

A: Direct material purchase budget is a statement which is prepared in order to estimated the number of...

Q: On January 2, year 1, ABC Company purchased 75% of XYZ's outstanding common stock. On that date, the...

A: The question is related to the Consolidation. The details are as under  ABC Company Share in XYZ  = ...

Q: As of December 31, 2015, Zoil Company had $800 of accrued salaries expense that will be paid in 2016...

A: Solution:- Accrued Salaries :- Accrued Salaries are those salaries which are yet to be paid to the e...

Q: The following financial information is available for Sheridan Ltd. as at December 31 (in thousands, ...

A: Earnings per share=Profit-Preferred share dividends (total)Weighted average number of common shares ...

Q: In order to boost the sales of ABC & Co., the board of directors approved a share appreciation plan ...

A: Since the actual sales in the year 2020 are 120 million which fall into the category of 100 million ...

Q: s money hc holdingr

A: She will withdraw 4 x 100 = $ 400

Q: Compute the unrealized gains or losses. Unrealized 2$ Prepare the adjusting entry for Larkspur on De...

A: Solution:- Given, Larkspur Company has the securities in its investment portfolio on December 31, 20...

Q: $ 92 $105.8 13.8 15.9 13.8 15.9 105 121 7

A: The answer has been mentioned below.

Q: Required information [The following information applies to the questions displayed below.] Stephanie...

A: Introduction: According to IRS, babysitters should report their income during filling their taxes if...

Q: QUESTION 1 The following is the Trial Balance of Sonia HR Enterprises, a dealer in HR Software, as a...

A: The income statement and financial position is given as,  

Q: P 60,000 ? Accounts payable Current notes payable Long-term payable Common stock Retained earnings T...

A: Ending inventory is the amount of inventory which is not sold in the current year. It is shown in th...

Q: nstructions (a)   Compute the direct labour rate and efficiency variances.  (b)   Compute the dire...

A:   Actual.Qty  23875   Standard Qty Per Unit  Standard Rate Unit Material  0.15  $        ...

Q: Spring Co. bought merchandise from All Co. with terms 2/10, n/30. Joanne Ring, the bookkeeper, forgo...

A: Meaning The early payment discount reduces the amount to be paid by the buyer to the seller if the b...

Bookkeeping

Bookkeeping is the process of recording the financial transactions of a company on a regular basis. With the process of bookkeeping, companies can track important financial information that helps management in making crucial decisions.