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Deng Company issued $566,000 of 5-year, 8% bonds at 97 on January 1, 2011. The bonds pay interest twice a year. 1.Prepare the journal entry to record the issuance of the bonds. (For multiple debit/credit entries, list amounts from largest to smallest e.g. 10, 5, 3, 2.) 2. Compute the total cost of borrowing for these bonds. 1. Prepare the journal entry to record the issuance of the bonds, assuming the bonds were issued at 104. 2. Compute the total cost of borrowing for these bonds.
Dove Corporation had purchased the land as an investment three years ago for $375,000, and the land was distributed subject to a $270,000 liability. Alexandra took the land subject to the $270,000 liability. What is Alexandra's basis in the land?
Prepare a DFD fragment for the following: Toy Wholesaler, Inc. (TWI) purchases toys from various toy manufacturers and resells the toys to local retail shops.
as a new employee at canyon rental an outdoor outfitters and supply shop your boss has asked you to look at the
Determine the budgeted manufacturing overhead rate for each department. Prepare the necessary journal entries to summarize the March transactions for Department 100.
Write a 700-to 1050 word paper, which describes current trends in business communication. Be sure to address the following questions in your paper:
you will make three different executive summaries. an executive summary isnt more than one and half pages long and
the following balances were taken from the books of parnevik corp. on december 31 2012.interest revenue 88800
The fair market value of Sky Tech's depreciable assets was $15 million in excess of their book value. For this year, Sky Tech reported a net income of $75 million and delacred and paid $15 million in dividends. What is the amount of purchased good..
Carlton Company sells office equipment on September 30, 2010, for $21,000 cash. The office equipment originally cost $72,000 and as of January 1, 2010, had accumulated depreciation of $42,000. Depreciation for the first 9 months of 2010 is $6,000...
In the Mattel factory they are spending hours upon hours making the new action figures for the upcoming film MATRIX IV-THE RISE OF NEO.
Steckelberg Inc. produces and sells a single product. The selling price of the product is $150 per unit and its variable cost is $54 per unit. The fixed expense is $154,560 per month. The break-even monthly unit sales is ??
Compute the depreciation expense under the straight-line method for 2012 and 2013, assuming a December 31 year-end.
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