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A company issued 10-year, 9% bonds, with a par value of $500,000 when the market rate was 9.5%. The issuer received $484,087 in cash proceeds. Prepare the issuer's journal entry to record the issuance of the bonds.A company has $200,000 par value, 10% bonds outstanding. Prepare the company's journal entry to retire the bonds at the date of maturity.
should roi be the only gauge a company uses to evaluate investments? also is it wise for a company to lose money on one
Question: San Jose Company issued 5-year $200,000 face value bonds at 105 on January 1, 2012. The stated interest rate on these bonds is 9%. Use the straight line method to complete the amortization schedule given.
calculate the missing amounts for each of the following firms do not round your intermediate calculations. negative
Penny, Miesha, and Sabrina transfer property to Owl Corporation for 75% of its stock. Nancy, their attorney, receives 25% of the stock in Owl for legal services rendered in incorporating the business. What are the tax consequences of these transac..
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What is the current financial reporting requirement for charity care? Do you agree or disagree with the current financial reporting requirement?
LaFluer Corporation issued $400,000 of 15-year bonds on January 1. The bonds pay interest on January 1 and July 1 with a stated rate of 8 percent. If the market rate of interest at the time the bonds are sold is 10 percent, what will be the issuan..
what are internal controls? why do companies need them? what are some examples of internal controls? who is responsible
in 2017 the d.h. lawrence co. had credit sales of 750000 and granted sales discounts of 15000. on jan. 1 2017 allowance
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