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Company issued $5 million, 25 year bonds at $5,500,000, on Jan 1, 2012. The interest rate or the coupon rate is 8% and interest is paid on 12/31 of every year. Company uses straight line amortization. Do the entries to record the following:
1.Issue of the bonds on 1/1/2012 2.Interest payment on 12/31/2012 3.What is the carrying value or book value of the bonds after the first interest payment
in 2011 micah johnson ssn 000-22-1111 incurs the following unreimbursed employeebusiness expensesairplane and taxi
laci inc. is considering two alternatives to finance its construction of a new 2.00 million plant. a issuance of 200000
When a parent uses the equity method throughout the year to account for its investment in an acquired subsidiary, which of the following statements is false before making adjustments on the consolidated worksheet?
imagine that you are a nutritionist and responsible for educating your customers on the importance of eating health.
1. Prepare the journal entries to correct the errors (ignore income taxes). 2. Prepare the journal entries to record 2009 depreciation for any assets record in requirement.
Use of auditor judgment or of a risk matrix is necessary in revising planned detection risk whenever
hillside issues 1500000 of 6 15-year bonds dated january 1 2013 that pay interest semiannually on june 30 and december
leija manufacturing company uses a job-order costing system and started the month of march with one job in process job
mathews guitar company makes high-quality customized guitars. mathews uses a job order costing system. because the
Finance Here Sales & Service provides leased-based financing for its full line of commercial generators. Sales of the generators are properly accounted for as operating sales-type leases.
Prepare an overview of government accounting for a business person, using the State of Georgia as an example. Describe the entity and evaluate the Management Discussion & Analysis (MD&A) section.
the manipulation of the allowance for doubtful accounts by management would be best indicated by when a companya.
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