Question: Topic: Equity Investments Book reference: Intermediate Accounting 1 by Valix 1. Explain the treatment of cash received in lieu of share dividends. 2. What is
Topic: Equity Investments
Book reference: Intermediate Accounting 1 by Valix
1. Explain the treatment of cash received in lieu of share dividends. 2. What is share split? 3. Explain the treatment of share split. 4. Explain special assessment on investment. 5. What is the meaning of redemption of shares? 6. What is a share right? 7. What do you understand by the terms "right-on" and "ex-right"? 8. Explain the initial measurement of share rights if the rights are accounted for separately. 9. What is the theoretical or parity value of the share right?
Please answer and explain the questions above, I need to understand for my upcoming exam. Thank you :)
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