A corporation issues 82000 8 5-year bonds on january 1 2011

Assignment Help Accounting Basics
Reference no: EM13606792

A corporation issues $82,000, 8%, 5-year bonds on January 1, 2011, for $85,690. Interest is paid semiannually on January 1 and July 1. If the corporation uses the straight-line method of amortization of bond premium, determine the amount of bond interest expense to be recognized on July 1, 2011.

Reference no: EM13606792

Questions Cloud

The valve connecting the tanks is opened and the gas : two tanks containing air are connected via a valve. the first tank is 0.5 m3 and contains air at t 25 oc and p 500
If a gain of 6019 is incurred in selling for cash office : if a gain of 6019 is incurred in selling for cash office equipment having a book value of 58187 find the total amount
One of the products of hearts amp flowers is a one-pound : one of the products of hearts amp flowers is a one-pound box of chocolate candy packaged in a box bearing the customers
A lead wire of cross-sectional area 0980 mm2 is at a : a lead wire of cross-sectional area 0.980 mm2 is at a temperature of 2.00 k and carries a current of 0.490 a. a find
A corporation issues 82000 8 5-year bonds on january 1 2011 : a corporation issues 82000 8 5-year bonds on january 1 2011 for 85690. interest is paid semiannually on january 1 and
Chipper division of acme corp sells 80000 units of part : chipper division of acme corp. sells 80000 units of part z-25 to the outside market. part z-25 sells for 40 has a
O january 1 2011 937000 5-year 10 bonds were issued for : on january 1 2011 937000 5-year 10 bonds were issued for 908890. interest is paid semiannually on january 1 and july 1.
The horizontal distance between the two buildings is d and : a criminal is escaping across a rooftop and runs off the roof horizontally at a speed of 5.3 ms hoping to land on the
Haft construction company determines that 27000 pounds of : haft construction company determines that 27000 pounds of direct materials are needed for production in july. there are

Reviews

Write a Review

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.

  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

Free Assignment Quote

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd