Determine the interst earned by todd company

Assignment Help Accounting Basics

Reference no: EM13121292

On may 1,2012 company purchased $66,000 of 5%,12 year lincoln company bonds at par two months accured interest. The bond pay interest on march 1 and septmber1. on october 1,2012,todd copany sold $24,000 of lincoln company bonds acquired on may 1. plus one month accured interest.on december 31,2012, four omnyhs interst was acuured for the remaining bonds. Determine the interst earned by todd company on lincoln company bonds for 2012.

Reference no: EM13121292

Questions Cloud

Fiscal policy : Prepare a term paper on Fiscal Policy - The Term Paper must be between 600-700 words in length and contain a Title Page as the first page of the paper and a Reference Page as the last page of the paper.

What market researcher begins by examining : Its market researcher begins by examining the rental markets in the Southeast, the history of apartment buildings, local economies, competitive rents, and ownership all information that was on hand and did not require any new research to locate. T..

Polynomial representation of area of rectangle : The length of a rectangular swimming pool is 2x - 1 meters, and the width is x + 2 meters. Write a polynomial that represents the area. Find the area if x is 5 meters.

Describe joint and marginal probability distributions : Joint and Marginal Probability Distributions, Person takes bus & subway to work. Bus runs every 20 min (X) & subway every 4 min (Y).

Determine the interst earned by todd company : The bond pay interest on march 1 and septmber1. on october 1,2012,todd copany sold $24,000 of lincoln company bonds acquired on may 1. plus one month accured interest.on december 31,2012, four omnyhs interst was acuured for the remaining bonds. De..

Calculate the ph of this solution : Consider a solution formed by mixing 48.0 mL of 0.100 M H2SO4, 36.0 mL of 0.100 M HOCl, 25.0 mL of 0.200 M NaOH, 2 mL of 0.100 M Ca(OH)2, and 10.0 mL of 0.150 M KOH. Calculate the pH of this solution.

Describe the major land biome : Describe the major land biome where you live. How have human activities changed the landscape and how has this affected native species? Include specific examples.

Describe the process of global warming : Describe the process of global warming, greenhouse gases, and the greenhouse effect.

Find the estimated increase in the interval of time : What is the estimated increase in the interval of time until the next wruption that corresponds to an increase of 60 seconds in the duration?

User Account

All Pages