Prepared by: Hazel Yen Ortujan

Prepared by: Hazel Yen Ortujan

Prepared by: Hazel Yen Ortujan

Problem 29-33 (A)

Problem 29-33 (A)

Problem 29-33 (A)

Fair value of treasury shares:

(100,000 x 40) = 4, 000, 000

Fair value of treasury shares:

(100,000 x 40) = 4, 000, 000

Fair value of treasury shares:

(100,000 x 40) = 4, 000, 000

* In the absence of fair value of

asset received, the cost of is
equal to the fair value of shares.

* In the absence of fair value of

asset received, the cost of is
equal to the fair value of shares.

* In the absence of fair value of

asset received, the cost of is
equal to the fair value of shares.

Prepared by: Hazel Yen Ortujan

Prepared by: Hazel Yen Ortujan

Prepared by: Hazel Yen Ortujan

Problem 29-33 (A)

Problem 29-33 (A)

Problem 29-33 (A)

Fair value of treasury shares:

(100,000 x 40) = 4, 000, 000

Fair value of treasury shares:

(100,000 x 40) = 4, 000, 000

Fair value of treasury shares:

(100,000 x 40) = 4, 000, 000

* In the absence of fair value of

asset received, the cost of is
equal to the fair value of shares.

* In the absence of fair value of

asset received, the cost of is
equal to the fair value of shares.

* In the absence of fair value of

asset received, the cost of is
equal to the fair value of shares.

Prepared by: Hazel Yen Ortujan

Prepared by: Hazel Yen Ortujan

Prepared by: Hazel Yen Ortujan

Problem 29-33 (A)

Problem 29-33 (A)

Problem 29-33 (A)

Fair value of treasury shares:

(100,000 x 40) = 4, 000, 000

Fair value of treasury shares:

(100,000 x 40) = 4, 000, 000

Fair value of treasury shares:

(100,000 x 40) = 4, 000, 000

* In the absence of fair value of

asset received, the cost of is
equal to the fair value of shares.

* In the absence of fair value of

asset received, the cost of is
equal to the fair value of shares.

* In the absence of fair value of

asset received, the cost of is
equal to the fair value of shares.

Prepared by: Hazel Yen Ortujan

Prepared by: Hazel Yen Ortujan

Prepared by: Hazel Yen Ortujan

Problem 29-33 (A)

Problem 29-33 (A)

Problem 29-33 (A)

Fair value of treasury shares:

Prepared
Prepared
by:Hazel
Hazel
YenOrtujan
Ortujan
(100,000
xby:
40)
=
4, Yen
000,
000

Fair value of treasury shares:

Prepared
Preparedby:
by:Hazel
HazelYen
YenOrtujan
Ortujan
(100,000 x 40) = 4, 000, 000

Fair value of treasury shares:

Prepared
Preparedby:
by:Hazel
HazelYen
YenOrtujan
Ortujan
(100,000 x 40) = 4, 000, 000

Problem
Problem29-33
29-33(A)
(A)
* In the absence of fair value of
asset
received,
the cost
of is
Fair
Fairvalue
valueofoftreasury
treasury
shares:
shares:
equal
to
the
fair
value
of
shares.
(100,000
(100,000x x40)
40)==4,4,000,
000,
000
000

Problem
Problem29-33
29-33(A)
(A)
* In the absence of fair value of
Fair
Fairvalue
valueofoftreasury
treasury
shares:
shares:
asset
received,
the cost
of is
(100,000
(100,000
x x40)
40)=
=4,4,000,
000,
000
000
equal
to the
fair
value
of
shares.

Problem
Problem29-33
29-33(A)
(A)
* In the absence of fair value of
Fair
Fairvalue
valueofoftreasury
treasury
shares:
shares:
asset
received,
the cost
of is
(100,000
(100,000
x x40)
40)=
=4,4,000,
000,
000
000
equal
to the
fair
value
of
shares.

* *InInthe
theabsence
absenceofoffair
fairvalue
valueofof
asset
assetreceived,
received,the
thecost
costofofisis
equal
equaltotothe
thefair
fairvalue
valueofofshares.
shares.

* *InInthe
theabsence
absenceofoffair
fairvalue
valueofof
asset
assetreceived,
received,the
thecost
costofofisis
equal
equaltotothe
thefair
fairvalue
valueofofshares.
shares.

* *InInthe
theabsence
absenceofoffair
fairvalue
valueofof
asset
assetreceived,
received,the
thecost
costofofisis
equal
equaltotothe
thefair
fairvalue
valueofofshares.
shares.

Prepared
Preparedby:
by:Hazel
HazelYen
YenOrtujan
Ortujan

Prepared
Preparedby:
by:Hazel
HazelYen
YenOrtujan
Ortujan

Prepared
Preparedby:
by:Hazel
HazelYen
YenOrtujan
Ortujan

Problem
Problem29-33
29-33(A)
(A)

Problem
Problem29-33
29-33(A)
(A)

Problem
Problem29-33
29-33(A)
(A)

Fair
Fairvalue
valueofoftreasury
treasuryshares:
shares:
(100,000
(100,000x x40)
40)==4,4,000,
000,000
000

Fair
Fairvalue
valueofoftreasury
treasuryshares:
shares:
(100,000
(100,000x x40)
40)==4,4,000,
000,000
000

Fair
Fairvalue
valueofoftreasury
treasuryshares:
shares:
(100,000
(100,000x x40)
40)==4,4,000,
000,000
000

* *InInthe
theabsence
absenceofoffair
fairvalue
valueofof
asset
assetreceived,
received,the
thecost
costofofisis
equal
equaltotothe
thefair
fairvalue
valueofofshares.
shares.

* *InInthe
theabsence
absenceofoffair
fairvalue
valueofof
asset
assetreceived,
received,the
thecost
costofofisis
equal
equaltotothe
thefair
fairvalue
valueofofshares.
shares.

* *InInthe
theabsence
absenceofoffair
fairvalue
valueofof
asset
assetreceived,
received,the
thecost
costofofisis
equal
equaltotothe
thefair
fairvalue
valueofofshares.
shares.

Prepared
Preparedby:
by:Hazel
HazelYen
YenOrtujan
Ortujan

Prepared
Preparedby:
by:Hazel
HazelYen
YenOrtujan
Ortujan

Prepared
Preparedby:
by:Hazel
HazelYen
YenOrtujan
Ortujan

Problem
Problem29-33
29-33(A)
(A)

Problem
Problem29-33
29-33(A)
(A)

Problem
Problem29-33
29-33(A)
(A)

Fair
Fairvalue
valueofoftreasury
treasuryshares:
shares:
(100,000
(100,000x x40)
40)==4,4,000,
000,000
000

Fair
Fairvalue
valueofoftreasury
treasuryshares:
shares:
(100,000
(100,000x x40)
40)==4,4,000,
000,000
000

Fair
Fairvalue
valueofoftreasury
treasuryshares:
shares:
(100,000
(100,000x x40)
40)==4,4,000,
000,000
000

* *InInthe
theabsence
absenceofoffair
fairvalue
valueofof
asset
assetreceived,
received,the
thecost
costofofisis
equal
equaltotothe
thefair
fairvalue
valueofofshares.
shares.

* *InInthe
theabsence
absenceofoffair
fairvalue
valueofof
asset
assetreceived,
received,the
thecost
costofofisis
equal
equaltotothe
thefair
fairvalue
valueofofshares.
shares.

* *InInthe
theabsence
absenceofoffair
fairvalue
valueofof
asset
assetreceived,
received,the
thecost
costofofisis
equal
equaltotothe
thefair
fairvalue
valueofofshares.
shares.