Record the issuance of capital stock

Assignment Help Accounting Basics
Reference no: EM131534541

Question: Air France-KLM reports the following equity information for its fiscal year ended March 31, 2009 (euros in millions). Prepare its journal entry, using its account titles, to record the issuance of capital stock assuming that its entire par value stock was issued on March 31, 2009, for cash.

March 31 2009

Issued capital . . . . . . . . . . . . . . . . . . €2,552

Additional paid-in capital . . . . . . . . 765

Reference no: EM131534541

Questions Cloud

What is issuers journal entry to record issuance of bonds : A company issues $10,000 of 9%, 5-year bonds dated January 1, 2011, that mature on December 31, 2015, and pay interest semiannually on each June 30.
Development of the human figure in greek art : 300-500 word essay discuss the development of the human figure in Greek art from the Archaic through the Hellenistic ages.
Minoans created a peaceful : The Minoans created a peaceful, secure and joyful culture that celebrated the natural world in the arts. Minoans created a peaceful
Identify examples of good and bad business practices : Identify examples of good and bad business practices in the use of strategy design components. Develop plans to improve business operations.
Record the issuance of capital stock : Air France-KLM reports the following equity information for its fiscal year ended March 31, 2009 (euros in millions).
What about the real estate market : What about the real estate market? How does that relate to causing recessions and depressions?
Technology treatment availability : The VA is a nice resource in that it provides quality free care for our veterans. Though it may be quality care is it really free?
Measurement scale based on the background : Based on that background, choose an appropriate measurement scale that will work the best for your project.
Result of a successful slave revolt : In 1804, which country became the only nation in the world established as a result of a successful slave revolt?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd