Scribd Logo
Upload

Welcome to Scribd!

  • BRIEF EXERCISE Chapter 15 Number 1-3 Solution Intermediate Accounting

    Uploaded by

    Mutia Wardani
    258 views1 page
    The document contains information from three brief exercises about company equity accounts. Exercise 15-1 shows cash of €4,500, share capital of €3,000 from 300 ordinary shares at €10 each, and share premium of €1,500. Exercise 15-2(a) shows cash of €8,200 and share capital of €8,200, while (b) shows cash of €8,200, share capital of €1,200 from 600 shares at €2 each, and a share premium of €7,000. Exercise 15-3 shows accounts for Wilco Corporation as of December 31, 2010 including share capital of €510,000, share premium of €1,320,000, retained

    Original Description:

    Original Title

    BRIEF EXERCISE Chapter 15 number 1-3 solution Intermediate Accounting.docx

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The document contains information from three brief exercises about company equity accounts. Exercise 15-1 shows cash of €4,500, share capital of €3,000 from 300 ordinary shares at €10 each, and share premium of €1,500. Exercise 15-2(a) shows cash of €8,200 and share capital of €8,200, while (b) shows cash of €8,200, share capital of €1,200 from 600 shares at €2 each, and a share premium of €7,000. Exercise 15-3 shows accounts for Wilco Corporation as of December 31, 2010 including share capital of €510,000, share premium of €1,320,000, retained

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    258 views1 page

    BRIEF EXERCISE Chapter 15 Number 1-3 Solution Intermediate Accounting

    Uploaded by

    Mutia Wardani
    The document contains information from three brief exercises about company equity accounts. Exercise 15-1 shows cash of €4,500, share capital of €3,000 from 300 ordinary shares at €10 each, and share premium of €1,500. Exercise 15-2(a) shows cash of €8,200 and share capital of €8,200, while (b) shows cash of €8,200, share capital of €1,200 from 600 shares at €2 each, and a share premium of €7,000. Exercise 15-3 shows accounts for Wilco Corporation as of December 31, 2010 including share capital of €510,000, share premium of €1,320,000, retained

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 1

    BRIEF EXERCISE 15-1

    Cash 4,500

    Share Capital—Ordinary (300 X €10) 3,000

    Share Premium—Ordinary 1,500

    BRIEF EXERCISE 15-2


    (a) Cash 8,200
    Share Capital—Ordinary 8,200
    (b) Cash 8,200
    Share Capital—Ordinary (600 X €2) 1,200
    Share Premium—Ordinary 7,000

    BRIEF EXERCISE 15-3


    WILCO CORPORATION

    Equity

    December 31, 2010

    Share Capital—Ordinary, €5 par value € 510,000

    Share Premium—Ordinary 1,320,000

    Retained earnings 2,340,000

    Less: Treasury shares (90,000)

    Total equity €4,080,000

    You might also like