A company issued 10-year 9 bonds with a par value of 500000

Assignment Help Accounting Basics

Reference no: EM13589603

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.

Reference no: EM13589603

Questions Cloud

The beginning work in process inventory was 30 percent : wash clean laboratories produces biodegradable liquid detergents that leave no soap film. the production process has

Without using numbers describe the relationship between the : describe the direction of the relationship between the hamstring strength index 60degs and the shuttle run test.

A patient receives 200ml of a 30 mv amino acid solution : question a patient receives 200ml of a 3.0 mv amino acid solution twice a day. express answer in 2 significant

Prepare the operating activities section of the statement : the income statement of rodriquez company is shown below.rodriquez company income statement for the year ended december

A company issued 10-year 9 bonds with a par value of 500000 : a company issued 10-year 9 bonds with a par value of 500000 when the market rate was 9.5. the issuer received 484087 in

The solubility of silver sulfate ag2so4 at a pressure of 37 : question the solubility of silver sulfate ag2so4 at a pressure of 37 atmospheres and 37 degrees has been measured at

Is this r value significant provide a rationale for your : what is the r value for the relationship between hamstring strength index 60degs and the shuttle run test? is this r

What is the r value for the relationship between hamstring : 1. what is the r value for the relationship between hamstring strength index 60degs and the shuttle run test? is this r

Sunset press has just purchased a new trimming machine that : 1.sunset press has just purchased a new trimming machine that cost 47677. the machine is expected to save 7000 per year

Reviews

Write a Review

Required(*) Message

Accounting Basics Questions & Answers

How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?

Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

Accounting problems

Accounting problems, Draw a detailed timeline incorporating the dividends, calculate the exact Payback Period b) the discounted Payback Period. the IRR, the NPV, the Profitability Index.

Theory of interest - term structure of interest rates

Term Structure of Interest Rates

Write a report on internal controls

Write a report on Internal Controls

Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

Liquidity and profitability

Distinguish between liquidity and profitability.

What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

Capm and venture capital

CAPM and Venture Capital

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

User Account

All Pages