1 RESET 1 second ago Let's say business combinations effect is recognized in Quarter 1 Profit and Lost statement. Are the business combinations effects to be vanished totally on next year Quarter 1? Or are the business combinations to be depreciated quarter by quarter until zero? In other word, how long businessman combinations effectswill stay in Quarter's report's Profit and Loss statements? Kindly elaborate. Thanks
Hi Superfast CPA, Is it correct if from Astor's book, instead of recognising all the assets and liabilities one by one, can Astor just do below entries? DR investment in Zone 140K, DR Goodwill 38K CR cash 178K
Hi- when you debit goodwill, where is the credit entry in stockholders equity? If there is an increase in assets there should be an increase in stockholders equity? Thanks.
hi. can anyone tell me if there will be any changes in journal entry of business combination if the other company is acquired by paying fully in cash which is raised by increasing the bank loan?
Can anyone tell me why he is not multiplying the differences between fair values and book values * (1-30%) when computing the net fair value of ........... -to find the goodwill, provided that 30% is the tax rate !!!! For example for inventory (50000-30000) * (1-30%), and so on !!!!! Thanks in advance,
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Wow! You explain in a language I can easily understand! Thank you sir!
thank you so much.. you pretty much explained it way better than my professor .. thank you thank you
That really helped, thanks
Hope you provide more videos explaining advanced Accounting
1 RESET
1 second ago
Let's say business combinations effect is recognized in Quarter 1 Profit and Lost statement.
Are the business combinations effects to be vanished totally on next year Quarter 1?
Or are the business combinations to be depreciated quarter by quarter until zero?
In other word, how long businessman combinations effectswill stay in Quarter's report's Profit and Loss statements?
Kindly elaborate.
Thanks
Hi Superfast CPA, Is it correct if from Astor's book, instead of recognising all the assets and liabilities one by one, can Astor just do below entries?
DR investment in Zone 140K,
DR Goodwill 38K
CR cash 178K
thank you that was very helpful
Hi- when you debit goodwill, where is the credit entry in stockholders equity? If there is an increase in assets there should be an increase in stockholders equity? Thanks.
Goodwill / cash
Thanks!
What if we issue shares as form of consideration transfered? Will it decrease our ordinary shares? Please reply😢😢😢
Superb
thank you
hi. can anyone tell me if there will be any changes in journal entry of business combination if the other company is acquired by paying fully in cash which is raised by increasing the bank loan?
the answer of QA IS C
Can anyone tell me why he is not multiplying the differences between fair values and book values * (1-30%) when computing the net fair value of ........... -to find the goodwill, provided that 30% is the tax rate !!!!
For example for inventory (50000-30000) * (1-30%), and so on !!!!!
Thanks in advance,
Mohamed Zaghden You're Welcome
Hello please help please plese 😭😭😭😭
thank you so much.. you pretty much explained it way better than my professor .. thank you thank you
What if Astor corp. had fair values for its assets and liabilities? Do you still use its book value when getting the amounts asked for in letter B?