Pauline makes the following purchases of preference shares in Bassoon plc: The shares had a market value
Question:
Pauline makes the following purchases of preference shares in Bassoon plc:
The shares had a market value of £2 per share on 31 March 1982. There were no disposals on or before 8 July 2020. Show Pauline's s104 holding of preference shares in Bassoon plc as at 8 July 2020.
Transcribed Image Text:
Date 23 June 1980 14 May 2000 8 July 2020 Number of shares 1,000 2,000 3,000 Cost 1,000 5,800 8,700
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Acquired 23 June 1980 Acquired 14 May 2000 Acquired 8 July 2020 s104 holding ...View the full answer
Answered By
PALASH JHANWAR
I am a Chartered Accountant with AIR 45 in CA - IPCC. I am a Merit Holder ( B.Com ). The following is my educational details.
PLEASE ACCESS MY RESUME FROM THE FOLLOWING LINK: https://drive.google.com/file/d/1hYR1uch-ff6MRC_cDB07K6VqY9kQ3SFL/view?usp=sharing
3.80+
3+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Pauline makes the following purchases of preference shares in Bassoon plc: Date 23 June 1980 14 May 1998 8 July 2017 Number of shares 1,000 2,000 3,000 Cost 1,000 5,800 8,700 The shares had a market...
-
how are 2-D and 3-D coordinate geometry used in engineering planning, design, and analysis? Identify at least one example to highlight its application. If possible may need to conduct additional...
-
The consolidated statement of financial position for MIC as at 31 March 2009 and its comparative for 2008 are shown below: The consolidated income statement for MIC for the year ended 31 March 2009...
-
Consider the deletion of record 5 from the file as shown below compare the relative merits of the following techniques for implementing the deletion: a. Move record 6 to the space occupied by record...
-
Explain "what went wrong" in the Enron scandal of 2001. How did myopic thinking lead to Enron's demise? What lessons can one learn from this scandal with regard to 'ethics and leadership', and the...
-
A dipole that carries charges \(\pm q\) is aligned along the \(y\) axis of an \(x y z\) rectangular coordinate system, with the midpoint of the dipole at the origin. (a) Use Gauss's law to calculate...
-
Bonnie and Clyde have a partnership to run their human resource management services firm. Account balances related to their equity for the year ended 30 June 2026 are as follows: Profit of $124 000...
-
In Chapter 8, you were asked to discuss the implications of the anytime, anywhere requirement for the application deployment environment and to describe the type(s) of hardware, network, and software...
-
19.A radioactive -emission. A detector records n -particles in 2s and by next 2s (accumulatively) it records 1.1 n -particle. Number of -particles recorded by detector after a long time, is (1) 11n...
-
Paula makes the following acquisitions of ordinary shares in Indigent plc: She sells 500 shares on 28 March 2021. No shares are acquired within the next 30 days. (a) Show the s104 holding on 28 March...
-
Paul made the following acquisitions and disposals of ordinary shares in Crimmon plc: No further shares were acquired during 2020. Against which acquisitions will each of the above disposals be...
-
A company was incorporated on 1st July, 2016 to take over the business of Mr M as and from 1st April, 2016. Mr Ms Balance Sheet as at that date was as under: Debtors and Bank balances are to be...
-
The work done in stretching a wire by 0.2 mm is 8 J. What will be the work done in stretching another wire of same material, but with double the radius and half the length by 0.2 mm?
-
Treloar Ltd has 1 0 employees, who are each paid $ 7 5 0 per week for a 5 day working week. Each employee is entitled to 8 days accumulating non - vesting sick leave per year. At 1 July 2 0 1 9 the...
-
List and explain two management tools in the planning process and two measurable performance indicators. Explain in detail.
-
Janice will need to pay $200 at the end of every month for the next 12 months, except for the payment of the 8th month. What is the present value, assuming a rate of 4%, compounded quarterly?
-
The following questions relate to the coupon and par bond described above (a) Is the bond price ofthis coupon bond ever below the price of the par bond? Explain youranswer (b.) What happens to the...
-
The security agreement fully described the collateral. It said nothing about the bank converting the debentures. Was the bank liable for failing to convert?
-
Find the work done in pumping all the oil (density S = 50 pounds per cubic foot) over the edge of a cylindrical tank that stands on one of its bases. Assume that the radius of the base is 4 feet, the...
-
In March 2018, Naomi sells an oil painting which she had acquired many years previously for 10,000. Compute the allowable loss if she sells the painting for: (a) 7,200 (b) 5,700
-
In October 2017 Keith sells an antique cabinet for 7,200. He incurs incidental costs of disposal amounting to 200. The cabinet cost Keith 2,300 in July 2009 . Compute the chargeable gain.
-
In December 2017 , Michael sells a piece of antique furniture for 6,360, paying incidental disposal costs of 320. He had acquir ed the furniture in January 2010 as a gift from his mother. Compute...
-
1. For each supply source or market n, evaluate d,, as defined in Equation 5.5. 2. Obtain a new location (x', y') for the facility, where DoFun d x' DF d and y' n=1 k dn DF d 3. If the new location...
-
(a) Construct a 4 4 matrix with no saddle entries. (b) Consider the following payoff matrix. Rose plays the mixed strategy 2 and Colin plays the mixed strategy (1, 1). 2 3 6 (i) Find the expected...
-
Select all that apply The laws relating to insolvency and bankruptcy in Canada are aimed at Multiple select question. preserving the assets of the debtor for the benefit of the creditors. alerting...
Study smarter with the SolutionInn App