06.1 2 Points The following information is relevant to questions 61 and 6.2 NMP id saues redeemable preference shares with cumulative dividend ratio at 5%, which are purchased by XYZ Lid NNPLsd has to pay dividend on the shares every year and has the contractual obligation to redeem the shares for cash at the expiration date Required Explain how NMP Led should recognise the preference shares and the subsequent measurement metha NMP e con adopt. No calculation is required 06.2 2 Points Explain hoe XYZ should recognise the preference shares and the subsequent measurement methods that XYZ Lad con adopt. No calculation is required On Ju 2019. Golden to purchased 10 000 exchange traded call options in FlexiPayLisata premium of $ per option. The options have an exceprice of $20 and expires on 30 April 2020. The options have a far value to the holder or $4 each on 31 December 2009 Required Prepare the journal entries that Golden Lid should move to account for the financial instrument on MV 2019 and 31 December 2013 El 06.4 3P wwtech Ltd 520 non convertise notes on tuy2020The notes have a tots years and a face wale of $20 och Anderest or s lopable at the end of each year, The notes were over the facevole and can be converterytie over the Organisations with similar profile to Newech nove ved det with similar terms with an interest rate of 7%, without the option to convert tout Required Prepare the mal entries for NewTech Ltd to record the of the convertible notes on 1 July 2020 and the payment of interest for the year ended 30 June 2021 in accordance with We provided AASE 132 stunts Presentation Q6.1 2 Points The following information is relevant to questions 6.1 and 6.2. NMP Ltd issues redeemable preference shares with cumulative dividend ratio at 5%, which are purchased by XYZ Ltd. NMP Ltd has to pay dividend on the shares every year and has the contractual obligation to redeem the shares for cash at the expiration date. Required: Explain how NMP Ltd should recognise the preference shares and the subsequent measurement method(s) that NMP Ltd can adopt. No calculation is required. Enter your answer here Q6.2 2 Points Explain how XYZ Ltd should recognise the preference shares and the subsequent measurement method(s) that XYZ Ltd can adopt. No calculation is required. Enter your answer here 06 3 Z FUITES On 1 July 2019. Golden Ltd purchased 10 000 exchange traded call options in FlexiPay Ltd at a premium of $3 per option. The options have an exercise price of $20 and expires on 30 April 2020. The options have a fair value to the holder of $4 each on 31 December 2019. Required: Prepare the journal entries that Golden Ltd should make to account for the financial instrument on1 July 2019 and 31 December 2019. Please select file(s) Select file(s) Q6.4 3 Points NewTech Ltd issued $20 million of convertible notes on 1 July 2020. The notes have a life of 6 years and a face value of $20 each. Annual interest of 5% is payable at the end of each year. The notes were issued at their face value and can be converted at any time over their lives. Organisations with a similar risk profile to NewTech have issued debt with similar terms with an interest rate of 7%, but without the option to convert to equity. Required: Prepare the journal entries for NewTech Ltd to record the issue of the convertible notes on 1 July 2020 and the payment of interest for the year ended 30 June 2021 in accordance with guidance provided in AASB 132 Financial Instruments: Presentation Please select file(s) Select file(s) Q6.1 2 Points The following information is relevant to questions 6.1 and 6.2. NMP Ltd issues redeemable preference shares with cumulative dividend ratio at 5%, which are purchased by XYZ Ltd. NMP Ltd has to pay dividend on the shares every year and has the contractual obligation to redeem the shares for cash at the expiration date. Required: Explain how NMP Ltd should recognise the preference shares and the subsequent measurement method(s) that NMP Ltd can adopt. No calculation is required Q6.2 2 Points Explain how XYZ Ltd should recognise the preference shares and the subsequent measurement method(s) that XYZ Ltd can adopt. No calculation is required. Enter your answer here 2 FURRD On 1 July 2019, Golden Ltd purchased 10 000 exchange traded call options in FlexiPay Ltd at a premium of $3 per option. The options have an exercise price of $20 and expires on 30 April 2020. The options have a fair value to the holder of $4 each on 31 December 2019. Required: Prepare the journal entries that Golden Ltd should make to account for the financial instrument on July 2019 and 31 December 2019. Please select file(s) Select file(s) NewTech Ltd issued $20 million of convertible notes on 1 July 2020. The notes have a life of 6 years and a face value of $20 each. Annual interest of 5% is payable at the end of each year. The notes were issued at their face value and can be converted at any time over their lives. Organisations with a similar risk profile to NewTech have issued debt with similar terms with an interest rate of 7%, but without the option to convert to equity. Required: Prepare the journal entries for NewTech Ltd to record the issue of the convertible notes on 1 July 2020 and the payment of interest for the year ended 30 June 2021 in accordance with guidance provided in AASB 132 Financial Instruments: Presentation Please select file(s) Select file(s) 06.1 2 Points The following information is relevant to questions 61 and 6.2 NMP id saues redeemable preference shares with cumulative dividend ratio at 5%, which are purchased by XYZ Lid NNPLsd has to pay dividend on the shares every year and has the contractual obligation to redeem the shares for cash at the expiration date Required Explain how NMP Led should recognise the preference shares and the subsequent measurement metha NMP e con adopt. No calculation is required 06.2 2 Points Explain hoe XYZ should recognise the preference shares and the subsequent measurement methods that XYZ Lad con adopt. No calculation is required On Ju 2019. Golden to purchased 10 000 exchange traded call options in FlexiPayLisata premium of $ per option. The options have an exceprice of $20 and expires on 30 April 2020. The options have a far value to the holder or $4 each on 31 December 2009 Required Prepare the journal entries that Golden Lid should move to account for the financial instrument on MV 2019 and 31 December 2013 El 06.4 3P wwtech Ltd 520 non convertise notes on tuy2020The notes have a tots years and a face wale of $20 och Anderest or s lopable at the end of each year, The notes were over the facevole and can be converterytie over the Organisations with similar profile to Newech nove ved det with similar terms with an interest rate of 7%, without the option to convert tout Required Prepare the mal entries for NewTech Ltd to record the of the convertible notes on 1 July 2020 and the payment of interest for the year ended 30 June 2021 in accordance with We provided AASE 132 stunts Presentation Q6.1 2 Points The following information is relevant to questions 6.1 and 6.2. NMP Ltd issues redeemable preference shares with cumulative dividend ratio at 5%, which are purchased by XYZ Ltd. NMP Ltd has to pay dividend on the shares every year and has the contractual obligation to redeem the shares for cash at the expiration date. Required: Explain how NMP Ltd should recognise the preference shares and the subsequent measurement method(s) that NMP Ltd can adopt. No calculation is required. Enter your answer here Q6.2 2 Points Explain how XYZ Ltd should recognise the preference shares and the subsequent measurement method(s) that XYZ Ltd can adopt. No calculation is required. Enter your answer here 06 3 Z FUITES On 1 July 2019. Golden Ltd purchased 10 000 exchange traded call options in FlexiPay Ltd at a premium of $3 per option. The options have an exercise price of $20 and expires on 30 April 2020. The options have a fair value to the holder of $4 each on 31 December 2019. Required: Prepare the journal entries that Golden Ltd should make to account for the financial instrument on1 July 2019 and 31 December 2019. Please select file(s) Select file(s) Q6.4 3 Points NewTech Ltd issued $20 million of convertible notes on 1 July 2020. The notes have a life of 6 years and a face value of $20 each. Annual interest of 5% is payable at the end of each year. The notes were issued at their face value and can be converted at any time over their lives. Organisations with a similar risk profile to NewTech have issued debt with similar terms with an interest rate of 7%, but without the option to convert to equity. Required: Prepare the journal entries for NewTech Ltd to record the issue of the convertible notes on 1 July 2020 and the payment of interest for the year ended 30 June 2021 in accordance with guidance provided in AASB 132 Financial Instruments: Presentation Please select file(s) Select file(s) Q6.1 2 Points The following information is relevant to questions 6.1 and 6.2. NMP Ltd issues redeemable preference shares with cumulative dividend ratio at 5%, which are purchased by XYZ Ltd. NMP Ltd has to pay dividend on the shares every year and has the contractual obligation to redeem the shares for cash at the expiration date. Required: Explain how NMP Ltd should recognise the preference shares and the subsequent measurement method(s) that NMP Ltd can adopt. No calculation is required Q6.2 2 Points Explain how XYZ Ltd should recognise the preference shares and the subsequent measurement method(s) that XYZ Ltd can adopt. No calculation is required. Enter your answer here 2 FURRD On 1 July 2019, Golden Ltd purchased 10 000 exchange traded call options in FlexiPay Ltd at a premium of $3 per option. The options have an exercise price of $20 and expires on 30 April 2020. The options have a fair value to the holder of $4 each on 31 December 2019. Required: Prepare the journal entries that Golden Ltd should make to account for the financial instrument on July 2019 and 31 December 2019. Please select file(s) Select file(s) NewTech Ltd issued $20 million of convertible notes on 1 July 2020. The notes have a life of 6 years and a face value of $20 each. Annual interest of 5% is payable at the end of each year. The notes were issued at their face value and can be converted at any time over their lives. Organisations with a similar risk profile to NewTech have issued debt with similar terms with an interest rate of 7%, but without the option to convert to equity. Required: Prepare the journal entries for NewTech Ltd to record the issue of the convertible notes on 1 July 2020 and the payment of interest for the year ended 30 June 2021 in accordance with guidance provided in AASB 132 Financial Instruments: Presentation Please select file(s) Select file(s)