offer
offer

Get Upto

55% OFF

-Coupon Code-

NEW25

offer
offer

Use Our Seasonal Offers!

Claim Now

4500+ Experts Writer

I hold a post graduation degree in Hospitality Management and have ample experience in the desired field. I have successfully given writing assistance on assignments, dissertations, theses, research papers, presentations and many more on topics related to Hospitality management such as Hospitality Management, Resort Management and Spa Management, Restaurant Management, Travel and Tourism Management, Accounting and Book keeping, Business Economics, Business Finance, Business Management and Operations, Business Marketing and many more. I am also adept at the college and university guidelines for the citation and referencing styles and thus offer the best academic help to the students.

Sarah Blackwood

Sarah Blackwood

Orders in Progress - 23

Orders Finished - 2343

Hire Now

Writing has always been my passion and I'm glad to be a part of academic writing industry as it is something that truly interests me. I'm associated with Global Assignment Help Australia for two years. And, since then I have helped hundreds of students with high-quality assignments on Foster homes, Grief counseling, Substance abuse, Suicide prevention, Human trafficking. I have all the topics of social work down cold. once you hire me, you will never struggle with referencing style as I can work on MLA, APA, Harvard, Turabian, Oxford, and what not. Moreover, I know how important it is for students to submit a quality work within the prescribed deadline. Therefore, I always complete the academic papers well before the stipulated time.

Stella Baldwinson

Stella Baldwinson

Orders in Progress - 69

Orders Finished - 657

Hire Now

After completing my post graduation in Data Analysis from the the University of Canberra, I started offering academic writing services to the college students and have successfully delivered various projects and documents in the last seven years. I hold expertise in all the topics that come under the umbrella term of this subject such as Barriers to effective analysis, Confusing fact and opinion, Cognitive Biases, Analytics and business intelligence, Initial data analysis, Quality of measurements, Initial transformations, Characteristics of data sample, Final stage of the initial data analysis, Nonlinear analysis, Exploratory and confirmatory approaches, Stability of results, Statistical methods, etc. Hire me to score brilliant grades in your academic paper related to this field.

Mark Joseph

Mark Joseph

Orders in Progress - 34

Orders Finished - 3523

Hire Now

With more than twenty years of experience in the field of Marketing, I have helped out a large number of students in fetching excellent grades. During my tenure at Global Assignment Help Australia, I have covered various topics of Marketing such as Marketing strategy, Marketing research, Consumer behavior, Marketing management, Product management and Promotion, and several others as well. Students can consult me to sort out their academic writing related issues and clear all their doubts regarding this subject.

Marshall Ray

Marshall Ray

Orders in Progress - 43

Orders Finished - 1143

Hire Now

Affordable Prices

Top Grades at Cheap Rates!

    Prices Starts From
    USD 7.19
    Offer Discount 25 % Off
    USD7.19

    Get upto 51% OFF on Your First Order !

    Prices Starts From

    USD 7.19

    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