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- Armo n d ng genty le veed js en the of det prfeiorel r h Ovetatwetee sa.co0.rect pt later hu tm be00. and dretarolessona er cot was prected to be s000. Durng he yea, Amo ured ectuaoveteed com ofs212.000, ectuadrect proleona laer hun of TRS00, and actual dect laber cafanoon y en, overtead Che O ueveefadymanugacturing engineer foaned 15; 060 in the pank fr fue 'exeriron of 'her agreed that she wift poy E.Qn May go, 2012 a gouing induspy t 'was fue ol fugurt fo 2012. Amamf with Yo rate of inferelt What' k the ordinany imple infartst 4be paid?10:59 * ll l O NO DAT AGSESSVENT POST FACH 3OUENAL ENTEY TO Is dOR kESPUDILla LED GER (CRITE YOHR ANSUER S N SEPARATE OF PAPPIR THE OWNER P(URCAASED SUPPIFS WORTAPIe GENERAL SDUENAL PAGE1 DATE A CCOUNT TIFFLE AND FXPLANTI ON PR DEBIT CREDF 2019 JUL- SUPPLIES CASA AC COUNT HAME ACCOUrt TITLY AN EXPLEHATIDN ACCOUT HO CREDIT BALANCFS DATE J.R DEBIT ACCOLNT NAME ACOCUNT TITLE DATE LAND EKPLAIATi J.R ACCOUnT HD- CREDIT IBALANCES DEBIT TitE BUSINESS RECENED P 8. FOR SERVICES RENDFRED 6FNERALTOURNAL ACCOUNT TITLE AND PR DFBIT EXPLAH RTIDN DATE CREDIT 2019 sul- CASH SERVICE REVE MUE 46
- ote: Total Aet-Cuat linbiwbe Accumulated fundo tthistoation: The recepts and gagmetsalleunte of Liar c for the you Balane If Sub saptindn knded 2lst Delamt 1999 Wee ce Inserrance Rate l,000 ting 3,650 L, 700 600 Glavenalerpanes 6itor Reut fnnitume Sought lana /d 27,250 Sonatins 8,500 8,150 7,80 2,St0 27250 The fillowing nformetim Rates were 3600 2,F00 popaid Geneal Raputes prepaid Doo Raut Buing Subsaptim in Qureas 100 75 Foo 600 The foced assets funituns Cnd fifting Premies bepreciate thu Asets as at Ist jan 999 were; at1,500 A5,00 by o pepare; Youre veequired to Statemat of affats - m Come and"copenditwe allounts 2 Balane sheetas at 3lst Delember 1999,On anuary 1.2023, piant assets cet ere 5190.000 and un Decenber at, 2023. plart assets. et are Sz00.000. Depredation eperise for he yeraS10.000 Ne plant ets wrs soid or ehenget during the year What is the coet af the plant asts acqured dung the year OA 10 OR S000 OG. 100.000 OD 0.000On October 1, 2019, Ball Company issued 9% bonds dated October 1, 2019, with a face amount of 200,000. The bonds mature in 10 years. Interest is paid semiannually on March 31 and September 30. The proceeds from the bond issuance were 205,294.53 to yield 8.6%. Ball Company has a December 31 fiscal year-end and does not use reversing entries. Required: 1. Prepare journal entries to record the issuance of the bonds and the interest payments for 2019 and 2020 using the effective interest method. 2. Prepare journal entries to record the issuance of the bonds and the interest payments for 2019 and 2020 using the straight-line method.
- 9. Q During The assels" af MiffLinburg orpoahin elecreased by S 66,00o dectease d jssued 8 L000 c00 of curreni fear, The Zolal 2otal Liabilitres by 8300,000. The Company aud new SZock, 'auel ls nel Loss fer the year luas Slockholders equicy Delermine $250,000. No ether Changes bcumed dluring the dollar 20 the year. of dividends declaved amount by The company eluring The yeur .ance, in Advance on On Cive Journal Enures u Vendsh x 10 = ? 50,000, Amount received : App. 50,000 (20,0 h x 2,50). AIL 5,000 50 (19.500 Sh. x 2.50), I call ? 22,500 (18,000 Sh. x 1.25), Sec. (15,000 Sh. x 1.26), Total of B/S 2,90,000.] 360 180 (Total 540) (C) Forfeiture of Shares eration other than Cash Porfeiture of Shrres Issued at Par Forfeited by the directors. Give Journal Entries for the above. fortefoney Received : App. 7 20,000; Allot. 7 30,000; I Call ? 28,200; II & Final Call 18,000: issued at par to Bihar Ltd. Share forfeiture 7 6,200] hirem Ltd. invited applications for issuing ? 80,000 Equity shares of 10 each. The amount was payable as follows: On Application On Allotment On First and Final Call Applications for 77,000 shares were received. Shares were allotted at all the applicants. Sundaram to whom 7,000 shares were allotted failed to pay the allotment money. His shares were forfeited immediately after allotment. Rudra, the holder of ? 500 shares failed to pay the…Cressman Company incurred RD costs for various projects in 2019 as follows: Required: 1. What is the amount of Cressmans RD expenses for 2019 if it uses U.S. GAAP? 2. How would your answer change if Cressman uses IFRS? Assume that the company can demonstrate that the projects are expected to generate future economic benefits.
- ideal farenitura couipment discorded onjene 15, 2013, that Rad a cost d lo, o00 $ and was jaukuadžed the dieporal f De equiprent"windeur Co. purdiad cyuipmenL fu ao.uD wlist a alimslad lu hurs e uaclul ile uf 10 yeara wilh sulvugu vulus uf s0.SUD J its cnd ol dul ime. U.presialian hea bean enterud fa / yuara sa a altuiplit line buaia In 201, il i dela minsd thul dis lutal cimulud ils alvuli b. 15 yuara wth a aivaje value .400t and at that time. (a) Presere the entry e anyi to comest the orior vears deprer arion. ьх (Credit account titles are automatically indented when amount is anhered. De nat indent manusaly. If no entry i required, seinct "Na Entry" for the account tvtles and enter O for the amounts.) Nu. ALLount Tlka and txplanaioI Debt Crudt (a Cick if o u hke to shaw Work fur ts n e Slan akQuestion AR and Chave partenhp caplcot bcs 00 S00 and Stas 0, ly the income sharng A sR n ws. Add wi e parrh nd apeed that part pays S9500 A perh t The flnces t's and Cs Captal cc aer As wal wodd be OARSEND00C 0 OaR SS00, C 00