Question (1)

PARTICULARS 1. Inv in sub Cash P cop. Interest Cortland cop. Re ister bonds Convertible bonds !ond holders Pre"erential stoc# Cu$ulative stoc# %on votin 4. Inv in sub Co$$on stoc# Re ister bonds Sh ter$ notes Issue stoc# L cop. Rece A!C cop. Rec. !oo# value o" sub Allocation o" stoc# !oo# value sub Co$$on stoc# Allocation o" e&cess 7.

()!IT 1***

CR)(IT 1***

2.

1***

.* /,*

1*** .* /,* 1*** .* /,* 1+,* 0** 0* .* +** ,** 1** ,,* ,,* ,** ,* 1.*

3.

5.

6.

8.

!oo# value sub Co$$on stoc# e&chan e Purch o" stoc# Co$$on stoc# 'arrant purch stoc#

,,* ,,* -+* 0** ,+*

9.

10.

Question (1)

PARTICULARS 1. Inv in sub(T) Cash(P) P cop. Interest Cortland cop. Re ister bonds Convertible bonds !ond holders Pre"erential stoc# Cu$ulative stoc# %on votin 4. Pre"erential stoc# Cu$ulative stoc# 2ut std 2ne vote3 share Pre"erential stoc# Cu$ulative stoc# %on votin

()!IT 1,**

CR)(IT 1,**

2.

1,**

/11*0

1,** /11*0 1,** /11*0 1,** /1, 1*/, 1,** /11*0

3.

5.

6.