offer
offer

Get Upto

55% OFF

-Coupon Code-

NEW25

offer
offer

Use Our Seasonal Offers!

Claim Now

4500+ Experts Writer

Right after my post graduation in Computer Engineering, I started helping out students in writing their academic papers in this subject. During my tenure, I have managed to deliver successful results and have helped a large number of students across Australia regarding their academic issues. I have assisted on the topics such as Computer Engineering, Computing, Information Technology, Information Systems, Object Oriented Programming, ICT Tools and Security, Digital Systems, Mathematical foundation of Computer Science, Data Communication and many others. Students can consult me to get a research-based dissertation, coursework, assignments, case studies and reports, etc., related to this subject.

Stella Winehouse

Stella Winehouse

Orders in Progress - 56

Orders Finished - 2344

Hire Now

After completing my graduation in Civil Engineering from University of Queensland, I started offering academic writing services to the students who encounter challenges while writing academic documents on this subject. I hold expertise in all the topics and sub-fields that come under Civil Engineering, and some of them are Civil Engineering, Construction, Design, Engineering, Engineering Business Management, Project Management, Architecture, etc. Hire me to score incredible grades in any of your academic document related to this field of Engineering. I can also provide expert guidance and assistance with writing in any referencing and citation style as per the customized needs of the student.

Kendall Scroose

Kendall Scroose

Orders in Progress - 34

Orders Finished - 2423

Hire Now

After completing my master's degree in SPSS (Statistical Package for the Social Sciences), I plunged myself into supporting students in their assignment writing tasks and got associated with Global Assignment Help Australia. It's been five years that I'm working as an academic writer and have successfully delivered 2300+ orders on the different topics of SPSS till now. Some of the concepts on which I have worked are General Linear Models, Confidence Intervals, Frequencies, descriptive statistics, graphical techniques, computing new variables hypothesis testing: t-tests, proportions, two-way tables, correlation linear regression, sorting variables, etc. Name any topic of SPSS, and I will deliver you the best assignment on the same within the specified deadline.

Ava Cadman

Ava Cadman

Orders in Progress - 87

Orders Finished - 2367

Hire Now

I am a certified mechanical engineer and is working with Global Assignment Help Australia to provide academic writing assistance to the students. I have been successful in delivering numerous high-quality research papers, assignments, reports and term papers to the college students on various topics like Mechanical Materials Engineering, Fluid Dynamics, Fluid Mechanics, Steam Turbines, Thermodynamics, Gear Drives, Mechatronics, and robotics and many more. Also, my practical experience as a mechanical engineer helps me to keep myself updated of the new researches and experiments in this field. The students can approach me for taking writing assistance on any topic related to this area.

John Franco

John Franco

Orders in Progress - 88

Orders Finished - 3423

Hire Now

Affordable Prices

Top Grades at Cheap Rates!

    Prices Starts From
    USD 7.01
    Offer Discount 25 % Off
    USD7.01

    Get upto 51% OFF on Your First Order !

    Prices Starts From

    USD 7.01

    Amazing Features We Offer

    24*7 Help Service

    100% Satisfaction

    No Privacy Infringement

    Super-fast Services

    Subject Experts

    Professional Documents

    ACCT6003 Financial Accounting Processes, Laureate International University

    Part A Question

    Scenario 1

    Q.1 Preparing General Journal Entries To Record The Above Transactions

    Date

     

     Particulars

    Ref.no

    Debit

          Credit

    01/09/18

    Redeemable preference share capital a/c

    Premium of redemption preference share capital

                                        to preference shareholders

    ( 40000 preference share at 6% redeemable and 5% premium from the retained earning)

     

    2400

    2000

     

     

           4400

    25/08/18

    Preference shareholders a/c

                                          to bank a/c

    (cheque issued  to preference shareholders)

     

    4400

     

           4400

    01/11/18

    Cash at bank a/c (51200*.40)

                                    to equity share application a/c

    (application money received for right share issues)                    

     

    194560

     

           194560

    30/11/2018

     

     

    Equity share application a/c

    discount on issues of share a/c

                                          to equity share capital a/c

    (ownership is given 1 share for 5 held)

     

     

    194560

    10240

     

     

     

            204800

     

    20/12/16

    Underwriters brokers a/c                                    

                                           to bank a/c

    (underwriting commission paid)

     

    4800

     

               4800

    10/01/19

    General reserve a/c

                                     Retained Earning A/c

    (director transfer $56000 from retained earning to general reserve)

     

    56000

          

       56000

    28/02/19

    Share application a/c

                                     share capital a/c

    (Class 3 shares are issued at a price of $3.60)

     

    201600

     

        201600

     

    30/04/19

    Share capital a/c

                                       share application a/c

    (Unexercised option lapse)  

     

    201600

                                     

           201600

    31/05/19   

     

       Shares final call a/c

                                        share capital a/c

    (the final call is paid up on partly paid up shares but 12000 share money due)

     

     

    364800

     

         364800

    18/06/19

     Share capital a/c

                                     Forfeited share a/c

                                      share final call a/c

    (Forfeiture of 12000 shares of $4 each due to non payment of final call of $1.60 per share)

     

    48000

            

                   28800

                   19200

    26/06/19

    Bank a/c

    Forfeited a/c

                                        share capital a/c

    (forfeited share are reissued at discount price)

     

    43200

      4800

     

     

              48000

    26/06/19

    Forfeited shares a/c

                                         capital reserve a/c

    (after reissue of share forfeiture a/c transferred to capital reserve account)

     

    4800

     

                 4800

    27/16/19

    Share holders a/c

                                                forfeited share a/c

     

    (pay refund to formal holders of forfeiture shares)

     

    4800

     

             4800

    Working note:-

    Portfolio value before right issue= 320000*4=1280000 $

    1. of right shares=  (256000 *1/5)= 51200

    cost of purchasing new share using the rights=51200*3.80= 194560

    b. Preparing The Equity Section of Chiherbals Statement of Financial Position :-

    Shareholders  Equity

      Amount (in $)

    64000 shares of ordinary class 1 shares issued at $4                            

    256000

    256000 rights shareholders of class 1 issued 3.80$

    972800

    Scenario 2

    a. Journal entries of  ChiHerbal Ltd and classifies Residential land and Factory land as different classes of assets.:-

    Date

                                       particulars

    Debit

     &n

    Amazing Discount

    UPTO55% OFF

    Subscribe now for More Exciting Offers + Freebies

    Download Full Sample

    Cite This Work

    To export references to this Sample, select the desired referencing style below:

    Students sometimes cannot express their inability to work on assignments and wonder, "Who will do my assignment?" To help them understand the complexities of writing, we are providing "samples" on various subjects. Also, we have experienced assignment writers who can provide the best and affordable assignment writing services, essay writing services, dissertation writing services, and so on. Thus, don't wait any longer! Place your order now to take advantage of discounted deals and offers.

    Limited Time Offer

    Exclusive Library Membership + FREE Wallet Balance