offer
offer

Get Upto

55% OFF

-Coupon Code-

NEW25

offer
offer

Use Our Seasonal Offers!

Claim Now

4500+ Experts Writer

" I'm a highly-qualified academic writer holding postgraduate credentials in Textile Engineering from the University of South Australia and have been offering term papers, assignments, presentations, case studies, reports, essays, dissertations, theses, research papers, etc., to the college student. I have worked on several disciplines and topics related to this subject till now, and some of them are Textile Fibre, Yarn manufacture and yarn structure & properties, Fabric manufacture and Fabric Structure, Printing, Dyeing, Energy Conservation, functional principles of weft insertion systems of shuttle-less weaving machines, principles of multiphase and circular looms, principle of non conventional methods of yarn production such as rotor spinning, Roving production, Principle of ring spinning, Yarn contraction, etc. If any topic related to Textile Engineering is making your life stressful, then hire me today!"

Tony Jackson

Tony Jackson

Orders in Progress - 11

Orders Finished - 2432

Hire Now

After completing my college, I started working as an Environmental consultant. However, I didn't like the work and switched to many other jobs for the next two years, trying my hands in Marine biology, Sustainability consultancy, and Waste management. Finally, my passion for writing motivated me to become an academic writer. And thus, I joined Global Assignment Help Australia. Here I helped many students in gaining high grades by providing well-researched academic papers. You can hire me for any kind of academic writing assistance whether it's for assignments, dissertation, thesis, report or else.

Cate Hemsworth

Cate Hemsworth

Orders in Progress - 9

Orders Finished - 2256

Hire Now

I have worked as an assistant professor in one of the leading universities of Australia. I hold teaching experience of ten years in the Law field. Therefore, I am well aware of all the university guidelines. I provide writing assistance to the scholars pursuing degree course in Law and its various types in assignments, research papers, reports, theses and dissertations. I have successfully completed many orders on topics like Public Law, Administrative Law, Criminal Law, Human Rights and Immigration Law, Capital Punishment, Criminal Procedure, Double Jeopardy, Criminal Defense, European Law, International Criminal Court, Criminal Sentencing, Civil and Criminal Forfeiture, and many more. If you do not find sufficient time to complete your academic writing work, then you can prefer taking my help.

Kristina Joseph

Kristina Joseph

Orders in Progress - 11

Orders Finished - 1124

Hire Now

I am a full-time academic writer with master's degree in History from the University of Melbourne. I write extensively on various topics and disciplines related to this field. I am frequently asked to write on a variety of academic documents on this subject topics such as Auxiliary Sciences of History, Modern Southeast Asia, Pirates and their Enemies, Rebels and Revolutionaries, The First Centuries of Islam, The French Revolution, The Holocaust & Genocide, Total War: World War II, Town and Country in China and the West, Venice and Cultures of Consumption, A History of Sexualities, A History of Violence, and many others. I can proficiently write in almost every citation and referencing style required by the scholars studying in any Australian University. Hire me now for your assignment work.

Raymond Jones

Raymond Jones

Orders in Progress - 34

Orders Finished - 1454

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