12000 1. 2. 3. 4. 18000 25400 5203 O 8. 9. 10. 7. 6. 5. Transaction...
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12000 1. 2. 3. 4. 18000 25400 5203 O 8. 9. 10. 7. 6. 5. Transaction The company is in the process of receiving managerial services from another company. 8 000. The contract has Value of contract not been completed yet. Company used 7 600 of raw materials in production. A debtor repaid the full amount owed to the company 29 000. The company purchased a manufacturing machine at 48 000 with four years of estimated useful life and additional cost at the end of useful life of 2.000 for utilization of dyes. Record depreciation under accelerated method for the first year, accelerating factor 1.5. In the current year the company conducted R&D activities to produce new type of car to be sold by the company. The development amounted to 12 000. Record completed development costs. In 2022, company purchased 200 shares of Avax at a price of $27. At the end of 2022, the market value was $26. The accounting policy: at market price. Record revaluation. Company purchased with cash 200 shares at a price of $29/share with an additional commission $1,20/share. The investment was classified as available-for sale and company applies purchase price valuation of investments. Company issued new 20 000 shares at a nominal price of 0,50 and issue price of 4. The cost of issuance was 10 000. All capital was paid in cash. Company recorded warranty provision for the month of June 2022 in the amount of 400. Company delivered 35% of value of contract for delivery of goods based on an earlier prepaymen of 18 000. 6300 12000 1. 2. 3. 4. 18000 25400 5203 O 8. 9. 10. 7. 6. 5. Transaction The company is in the process of receiving managerial services from another company. 8 000. The contract has Value of contract not been completed yet. Company used 7 600 of raw materials in production. A debtor repaid the full amount owed to the company 29 000. The company purchased a manufacturing machine at 48 000 with four years of estimated useful life and additional cost at the end of useful life of 2.000 for utilization of dyes. Record depreciation under accelerated method for the first year, accelerating factor 1.5. In the current year the company conducted R&D activities to produce new type of car to be sold by the company. The development amounted to 12 000. Record completed development costs. In 2022, company purchased 200 shares of Avax at a price of $27. At the end of 2022, the market value was $26. The accounting policy: at market price. Record revaluation. Company purchased with cash 200 shares at a price of $29/share with an additional commission $1,20/share. The investment was classified as available-for sale and company applies purchase price valuation of investments. Company issued new 20 000 shares at a nominal price of 0,50 and issue price of 4. The cost of issuance was 10 000. All capital was paid in cash. Company recorded warranty provision for the month of June 2022 in the amount of 400. Company delivered 35% of value of contract for delivery of goods based on an earlier prepaymen of 18 000. 6300
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