User Account

All Pages

What is the amount of the business combination valuation

Assignment Help Financial Accounting
Reference no: EM133014458

Question - When Jackson Ltd acquired 100% of the share capital of Michael Ltd, the carrying amount of Michael Ltd's machinery was $60 000. The fair value of the Machinery on acquisition date was $100 000. The company tax rate was 30%. What is the amount of the business combination valuation reserve that will be recognised on consolidation?

Reference no: EM133014458

Questions Cloud

What is the total of fixed costs : A break-even chart shows maximum unit sales at 5,000 at £100 each, maximum profit of £1000,000, What is the total of fixed costs
What the Zwick Company dividend revenue : Zwick Company bought 25.500 shares oftl'le voting common stock of Handy Corporation in January 2021. What the Zwick Company dividend revenue
Examine understanding and application of international trade : Examine understanding and application of international trade and FDI theories as well as other knowledge learnt from this course
Determine the Balance of Trade in Item Account : A new Escapade costing P700,000 was sold on October 1, 2020 for P1,060,000. Determine the Balance of Trade in Item Account
What is the amount of the business combination valuation : The company tax rate was 30%. What is the amount of the business combination valuation reserve that will be recognised on consolidation
Prepare the consolidation worksheet adjusting entries : Prepare the consolidation worksheet adjusting entries for preparation of the consolidated financial statements as at 30 June 2021
What is the market price per bond : Willy Supply offers 7.5 % coupon bonds with semiannual payments and a yield to maturity of 7.68 percent. What is the market price per bond
Ethical duty in the rules made under the real estate : Which ethical duty in the Rules made under the Real Estate Services Act imposes a responsibility to non-clients upon licensees?
Define internal analyis and resource : How can I define internal analyis and resource based view for Amazon (the company)?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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