User Account

All Pages

Record the reacquisition of the shares

Assignment Help Accounting Basics
Reference no: EM132748562

Question - On December 31, 2020, Pharoah Treats Limited reported 43,000 common shares issued and a balance in the Common Shares account of $270,040. On April 5, 2021, it reacquired 8,500 of these shares. This is the first time Pharoah Treats has reacquired any of its shares.

Record the reacquisition of the shares assuming the company paid $49,000 to reacquire the shares.

Record the reacquisition of the shares assuming the company paid $64,000 to reacquire the shares.

Reference no: EM132748562

Questions Cloud

Threat modeling project : STRIDE is a model-based threat modeling technique developed by Microsoft.
Compute the contract asset : George was billed and paid 30% on the contract price in accordance with the contract agreement. Compute the Contract Asset (Contract Liability) for 2011
Does the employee exhibit integrity : Does the employee exhibit integrity and character in her/his relationships with clients/customers? How would this method improve the performance
What are the three types of wcb rehabilitation : What are the three types of WCB rehabilitation? vocational, physical, and retraining. / retraining, vocational, and social. / vocational, physical, and social
Record the reacquisition of the shares : On April 5, 2021, it reacquired 8,500 of these shares. Record the reacquisition of the shares assuming the company paid $49,000 to reacquire the shares
Limitations of different modelling paradigms : How will this further add to understanding the scope and limitations of different modelling paradigms?
Do support or oppose minimum wage for every employee : Do you support or oppose the $70,000 minimum wage for every employee? Explain your position logically using any HRM concepts, theories
Discusses decision making using system modeling : discusses decision making using system modeling. The author briefly mentions an open source software tool, EMA Workbench, that can perform EMA
When are adult learners most receptive to training programs : When are adult learners most receptive to training programs? When there is less information being taught and more skills being developed

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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