Web题目解析 During the current year, Onal Co. purchased 10,000 shares of its own stock at $7 per share. The stock was originally issued at $6. The firm sold 5,000 of the treasury shares for $10 per share. The firm uses the cost method to account for treasury stock. What amount should Onal report in its income statement for these transactions? WebThe company’s policy is to issue share certificates only upon full payment of the share subscription. Unpaid subscription is to be accounted as contra-equity. · Also, during the current year, Brandy Co. issued 24,000 ordinary shares in exchange for a tract of land with a fair value of P690,000. 3.
Solved During the current year, Comma Co. had outstanding
WebYoung Co. issues $800,000 of 10% bonds dated January 1, Year 1. Interest is payable semiannually on June 30 and December 31. The bonds mature in 5 years. The current market rate for similar bonds is 8%. The entire issue is sold on the date of issue. The following values are given: What amount of proceeds on the sale of bonds should Young … WebApr 10, 2024 · Last year, the median sale price for single-family homes in Boiling Spring Lakes was about $289,000, far steeper than the $177,000 during the year following the hurricane. Meanwhile, the single-family home median sale price last year in Brunswick County was about $368,000; in Leland was roughly $352,000; in Bolivia was nearly … read school email
Feds declare first Colorado River shortage, order water cuts for 2024
Web1 day ago · Fort Lauderdale experienced the rainiest day in its history Wednesday -- a 1-in-1,000-year rainfall event -- sparking a flash flood emergency in Broward County that has … WebFeb 25, 2024 · While the state’s plans call for improvements, some as elaborate as the current project, on 30,000 acres of dry lake bed by 2028, estimates suggest that about 55,000 additional acres will be... WebQuestion: During the current year, Comma Co. had outstanding: 25,000 shares of common stock, 8,000 shares of $20 par, 10% cumulative preferred stock, and 3,000 bonds that are $1,000 par and 9% convertible. The preferred stock and bonds were originally issued at par. Each bond is convertible into 30 shares of common stock, and each share … read school ct