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Aldnoahzero corporation analysis of investment in

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ALDNOAH.ZERO CORPORATION ANALYSIS OF INVESTMENT IN EQUITY SECURITIES AUDITING PROBLEMS PREBOARD 4
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FOR THE YEAR ENDED DECEMBER 31, 2014 Debit Credit INAHO KAIZUKA COMPANY ORDINARY SHARES Feb. 14 Purchased 36,000 shares @55 per share P1,980,000 July 26 Received 3,600 ordinary shares of INAHO KAIZUKA COMPANY as a share dividend (Memorandum entry in general ledger.) Sept. 28 Sold 3,600 ordinary shares of INAHO KAIZUKA COMPANY received July 26 @70 per share P252,000 SLAINE SAAZBAUM TROYARD, INC. ORDINARY SHARES April 30 Purchased 180,000 shares @40 per share P7,200,000 Oct. 28 Received dividend of P1.20 per share P216,000 Additional Information A. The fair value for each security as of the 2014 date of each transaction follow: Security Feb. 14 April 30 July 26 Sept. 28 Dec. 31 INUHA KAIZUKA CO. P55 P62 P70 P74 SLAINE SAAZBAUM TROYARD P40 P32 ALDNOAH.ZERO CORP. P25 P28 P30 P33 P35 B. All of the investments of ALDNOAH.ZERO CORP. are nominal in respect to percentage of ownership (5% or less). C. Each investment is considered by ALDNOAH.ZERO CORP. to be non-trading. ALNOAH.ZERO CORP. has made an irrevocable election to present in other comprehensive income subsequent charges in fair value of its non-trading equity securities.
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  • Fall '17
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  • 1966, 1981, 1973, 1970, 1977, 1983

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