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Which one of the following journal entries is correct when payment for share issue expenses are made?
Select one:
a. Debit: Share issue expense; Credit: Bank
b. Debit: Trade payables; Credit: Bank
c. Debit: Bank; Credit: Trade payables
d. Debit: Bank; Credit: Share- issue expense
2. Mahesh wants to start his business and for that he decides that he will take loan for
Rupees 7 Lakhs from the Bank of Baroda. He also decides to use his saving worth 3 lakhs
in the bank account to start the business. Discuss how these two transactions will be
recorded in the books of accounts by passing the relevant journal entries? How these
transactions will be reflected in the Books of accounts (that’ is in the financial statements)?
Lastly, conclude your answer by stating the applicability of which accounting
assumption/s you did the above mentioned accounting treatment/ recognition and
presentation in the books of accounts.
"Please give me full long answer by today Itself"
How much could the Johnsons borrow today if they were willing to have a $1,800 monthly mortgage payment? (Assume that the interest rate and the length of the loan remain the same.)
A company needed ghc 1000 to finance its activities. The firm can financed this expenditure either by bonds or equity. Interest rate on bonds is 10%. The company can earn ghc 160 in good years and ghc80 in bad years. Assuming the firm faces equal probability of good and bad years;
i What will be the stream of returns on both bonds and equity if the company chooses the following financing options
a 100% equity financing b 50% equity financing c 20% equity financing d 0% equity financing
ii Estimate the equity risk associated with each option in (i)
iii As an investor who wants to purchase a share in the company, which financing option will make you purchase the stock. Why????
Take Britannia Industries Ltd as a case. In the context of its financial statements and
annual report answer the following
a. It’s a largely acceptable practice among the corporate entities to pay dividend to its
shareholders. Take Britannia Industries Ltd as a case. Discuss and differentiate the
types of dividend the company paid for the financial year 2020-2021. Also, mention
your understanding about what could be the accounting treatment of Dividend in the
books of Britannia Industries Ltd. (5 Marks)
b. Discuss and share your understanding on any three profitability ratios which you feel
relevant to assess the profitability of the company.
"LONG ANSWER"
"Please send me the answer of this question by tomorrow morning . I do not want to pay 3000 for this question. I want 1000 words answer."
#339914 on Dec 2023