Mẹo If treasury shares are reissued for noncash consideration, the proceeds shall be measured by
Kinh Nghiệm về If treasury shares are reissued for noncash consideration, the proceeds shall be measured by Mới Nhất
Bùi Thành Tài đang tìm kiếm từ khóa If treasury shares are reissued for noncash consideration, the proceeds shall be measured by được Cập Nhật vào lúc : 2022-10-10 04:08:05 . Với phương châm chia sẻ Thủ Thuật Hướng dẫn trong nội dung bài viết một cách Chi Tiết 2022. Nếu sau khi đọc nội dung bài viết vẫn ko hiểu thì hoàn toàn có thể lại Comments ở cuối bài để Admin lý giải và hướng dẫn lại nha.1. When shares with par value are sold, the proceeds shall be credited to thea.Share capital accountb.Share premiumc.Retained earningsd.Share capital account to the extent of the par of the shares issued with any excess being reflectedin share premium
Nội dung chính- What happens when treasury shares are reissued?Can treasury shares be reissued?When share with par value are sold the proceeds shall be credited to the?What happens to treasury shares in an acquisition?
2. When shares without par value are sold, the excess proceeds over stated value shall be credited to
Get answer to your question and much more
3. If shares are issued for noncash consideration, the shares issued shall be measured by4. If shares are issued to extinguish a financial liability, what is the initial measurement of the shares issued?
Get answer to your question and much more
5. When shares are issued for services received, the measure is equal to
Get answer to your question and much more
a.Fair value of the servicesb.Par value of the shares issuedc.Book value of the shares issuedd.Fair value of the shares issued
6. Treasury shares shall be recorded cost irrespective of whether these are acquired below or above par value.The cost of treasury shares acquired for noncash consideration is usually measured by7. The total cost of treasury shares shall be reported as
Get answer to your question and much more
Get answer to your question and much more
8. If treasury shares are reissued for noncash considearation, the proceeds shall be measured by
Get answer to your question and much more
9. Which of the following statements is incorrect concerning treasury shares?a.Treasury shares shall be recorded cost irrespective of whether acquired below or above par value.b.The total cost of treasury shares shall be deducted from equity.c.Treasury shares may be recognized as financial assetd.Gain or loss on sale of treasury shares shall not be included in profit or loss.10. “Loss” from sale of treasury shares shall be charged to
11. Gains and losses on retirement of treasury shares shall not be included in profit or loss. If the retirement
Get answer to your question and much more
results in a gain, such gain shall be credited to12. Loss on retirement of treasury shares shall be debited to
Get answer to your question and much more
Get answer to your question and much more
- School
Far Eastern University Course Title
ACCOUNTING 2
Pages 15
This preview shows page 13 - 15 out of 15 pages.
3.If treasury shares are reissued for noncash consideration, the proceeds shall be measured bya.Fair value of the treasury sharesb.Fair value of the noncash consideration receivedc.Carrying amount of the noncash consideration receivedd.Carrying amount of the treasury shares4.Which is not a method to account for treasury shares?183.Value of warrants:MV of ordinary shareP80Exercise price60Intrinsic value of warrants20x Ordinary share of the warrants25,000Total value of share warrants500,000
5.“Loss” from sale of treasury shares shall be charged to
Get answer to your question and much more
6.An entity makes only a memorandum entry whena.Entities give warrants to executive compensationb.Entities include warrants to make a security more attractivec.Entities issue rights to existing shareholdersd.All of the choices are correct
7. Which of the following is issued to shareholders of a corporation to acquire unissued shares within aspecified time a specified price?
Get answer to your question and much more
Upload your study docs or become a
Course Hero thành viên to access this document
End of preview. Want to read all 15 pages?
Upload your study docs or become a
Course Hero thành viên to access this document
Post a Comment