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ol Accourtng Year 2017/2018 (second ser reermedars Accounting2: Final exzm Student Na nstructor Na Q1: answer 25 from the following 29 queetions, showing caloutations 1. On December 1, 2016. Abel Corporion wectarged 20,000 sheres af is JD 10 car value ordnary shares held in treasury for a vsed machine. The reasury shares ware aqired ty Abel at a cost ot JD 40 per share, and are accounted for under the cost mebod. On the das of the aschange, the crdenary sharees had a far value of JD 55 per share (the shares were orginolk w increase by a J0 200.000 t D 30 per share) As a resul of this eschange, Abel's total equity c. 0 1,100,000 2. Colson Inc. declared a JD 100,000 cash diidend. t currenty has 6.000 shares of dup 1 18 0 ??/16. Everwood Co. issues 10,000 shares cE10 par voks co E3 par share. Appraxin On this date te 1 par volue ordnwy shares are seling for shares au suing for E16 and the ordinary shares are seling fot 5 per share. The journal entry on 1/1/16 wl include which of the tolowing? a. Credt Share Cap b. Credt Share Premium-Ordinary 20,000 t Captal-Preference 10o.0c0. Crecit Share d. Debit Share Premum-Ordnary 20,000 n On December 4. Winger Corporation awned 900,000 shares of Fegan Corporatio 31, 2016 when Winger's account "ivestment in Fegan Corporation had a carrying value of JD 5 per share, Winger distribuied these shares to its shareholders as a dividend Winger originally paid JD 8 for each share. Fegan has 3,000,000 shares issued and outstanding. which are traded on a national stock exchange. The quoted market price for a Fegan share was JD 7 on the date and JD 9 on the d ol Accourtng Year 2017/2018 (second ser reermedars Accounting2: Final exzm Student Na nstructor Na Q1: answer 25 from the following 29 queetions, showing caloutations 1. On December 1, 2016. Abel Corporion wectarged 20,000 sheres af is JD 10 car value ordnary shares held in treasury for a vsed machine. The reasury shares ware aqired ty Abel at a cost ot JD 40 per share, and are accounted for under the cost mebod. On the das of the aschange, the crdenary sharees had a far value of JD 55 per share (the shares were orginolk w increase by a J0 200.000 t D 30 per share) As a resul of this eschange, Abel's total equity c. 0 1,100,000 2. Colson Inc. declared a JD 100,000 cash diidend. t currenty has 6.000 shares of dup 1 18 0 ??/16. Everwood Co. issues 10,000 shares cE10 par voks co E3 par share. Appraxin On this date te 1 par volue ordnwy shares are seling for shares au suing for E16 and the ordinary shares are seling fot 5 per share. The journal entry on 1/1/16 wl include which of the tolowing? a. Credt Share Cap b. Credt Share Premium-Ordinary 20,000 t Captal-Preference 10o.0c0. Crecit Share d. Debit Share Premum-Ordnary 20,000 n On December 4. Winger Corporation awned 900,000 shares of Fegan Corporatio 31, 2016 when Winger's account "ivestment in Fegan Corporation had a carrying value of JD 5 per share, Winger distribuied these shares to its shareholders as a dividend Winger originally paid JD 8 for each share. Fegan has 3,000,000 shares issued and outstanding. which are traded on a national stock exchange. The quoted market price for a Fegan share was JD 7 on the date and JD 9 on the d