How to made on pro-rata basis, Accounting Basics

+44 141 628 6080
[email protected]

How to made on pro-rata basis

CMC ltd. invited applications of issuing 1,00,000 Equity Shares of 10$ each at a premium of 3$ per share. The whole amount was payable on application. The issue was over-subscriber bhy 30,000 shares and allotment was made on pro-rata basis. Pass its Journal Entry

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: How to made on pro-rata basis

Reference No:- TGS0687712

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : State the conclusion about the null hypothesis

Use the given information to find the P-value. Also, use a 0.05 significance level and state the conclusion about the null hypothesis (reject the null hypothesis or fail to reject the null hypothesis). The test statistic in a left-tailed test is z

Q : What is the amortization amount

On January 1 of the current year, Palm Corporation purchased the net assets of Vicki's unincorporated business for $600,000. The tangible net assets have a $300,000 book value.

Q : Find the sacrifcing and new ratio

A and B are partners in a firm sharing profits in the ratio of 6:4. C was admitted in the partnership. A surrendered 1/6 of his share and B 1/4 of his share in favour of C. Find the Sacrifcing and New Ratio.

Q : Find specific enthalpy of water at internal energy of water

Given that the internal energy of water at 55 bar pressure is 1178 kJ kg-1. calculate the specific enthalpy of water at 55 bar pressure.

Q : How to made on pro-rata basis

Q : Calculate the value common stock outstanding with a market

Boehm Rest Company has 30,000 shares of its $1 par value common stock outstanding. Record in journal form the following transactions as they relate to the companys common stock.

Q : Confidence interval for a sample average

Suppose you form a confidence interval for a sample average and the population standard deviation is known. What happens to the width of the confidence interval as the sample size (n) increases?

Q : How would you respond to sergio alonzo

The Encore Video Store Co. is owned and operated by Sergio Alonzo. The following is an excerpt from a conversation between Sergio Alonzo and Suzie Engel, the chief accountant for The Encore Video Store.

Q : What is fasbs stance on companies recording

Please describe defined-contribution plans? What is an example? Who bears risk? Who typically contributes to these plans?

1934417

Questions
Asked

3,689

Active Tutors

1437069

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: How to made on pro-rata basis

Reference No:- TGS0687712

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : State the conclusion about the null hypothesis

Q : What is the amortization amount

Q : Find the sacrifcing and new ratio

Q : Find specific enthalpy of water at internal energy of water

Q : How to made on pro-rata basis

Q : Calculate the value common stock outstanding with a market

Q : Confidence interval for a sample average

Q : How would you respond to sergio alonzo

Q : What is fasbs stance on companies recording

Identify the substrategies that should be adopted

How to improve efficiency and customer satisfaction

Determining whether that evaluation can be applied

Customer participation in the service delivery process

Preliminary nontask discussions in business negotiations

Problem on financial reporting by the internal audit

Tracking the progress of the health it strategic plan

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: How to made on pro-rata basis

Reference No:- TGS0687712

Recent Questions Asked Accounting Basics

Q : State the conclusion about the null hypothesis

Q : What is the amortization amount

Q : Find the sacrifcing and new ratio

Q : Find specific enthalpy of water at internal energy of water

Q : How to made on pro-rata basis

Q : Calculate the value common stock outstanding with a market

Q : Confidence interval for a sample average

Q : How would you respond to sergio alonzo

Q : What is fasbs stance on companies recording

Asked Questions