management

Understanding Lease Accounting And Research & Development Expenses

/in /by

Answer:
Scenario 1:
Requirement a:
In the Books ChiHerbal Ltd.
Jornal Entries
 
 
 
Dr.
Cr.
Date
Particulars
Amount
Amount
15/10/2014
Bank A/c.
Dr.
$1,500,000
 
 
To,
Share Application A/c.
 
$1,500,000
 
(Being share application money received for 600000 shares)
…

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