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Question - Determine the purchase price of the following debt securities and compute for any premium or discount:
1. 8% P6,000,000 face value, 5-year bond dated June 30, 2020 for purchase on July 1, 2020, interest payments are June 30 and December 31.
2. 10% P5,000,000 face value, 8-year bond dated June 30, 2020 for purchase on July 1, 2020, interest payment is June 30.
The market rate of interest on July 1, 2020 is 8%.
Jim.com sell books on account $11 each (cost of these book is $16500) on October 10, 2011. One hundred of these book (cost $660) were damange in shipment, so Jim.com later received the damange good as sale return on October 13, Customer paid the b..
Zenon Company has 450,000 shares of $1 par value common stock outstanding. Prepare all journal entries necessary to record the declaration and distribution
What are the journal entries for Adriano to record the initial lease and all the journal entries for the year ended December 31, 2019.
If you were the other shareholders, how would you react to Chance's decision to move? Would you pressure Chance to sell his CCS stock to you
Prepare the entries to record the sales transactions and related taxes for Oriole Company and Sunland Company. Omit the cost of goods sold entry.
the following inventory balances relate to megans manufacturing company at the beggining and end of the year raw
Explain how strategic management accounting can provide information which meets the requirements of senior management in seeking to realize corporate objectives
The company determined that 14,100 units should be produced. How many widgets will the company have on hand at the end of the year
The entity also paid a finance fee of 5% on the transaction upfront. What amount should be recorded as gain or loss on the transfer of accounts receivable
A payment of $3000 is due in 2 months and another payment of $5600 is due in 8 months. Calculate the value of a single payment to be made
Compute equivalent units for direct materials and conversion costs. Show physical units in the first column of your schedule.
question 1 the cost to produce part a was 20 per unit in 2012. during 2013 it has increased to 23 per unit. in 2013
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