Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question - On June 1,2016, ABC Corporation purchased as a long-term investment 4,000 of the P1,000 face value, 8% bonds of DEF Corporation for P3,645,328. Interest is payable semiannually on December 1 and June 1. The bonds mature on June 1, 2022. On November 1, 2017, ABC sold the bonds for a total consideration of P3,925,000. ABC intended to hold these bonds until they matured.
Find the gain on sale of investment in bonds on November 1, 2017?
a. P27,632
b. 21,195
c. P104,045
d. P80,235
e. Answer not given
the rate of return on the common stock of flowers by flo is expected to be 14 percent in a boom economy 8 percent in a
During 2015, Orton Company earned net income of $464,000 which included deprecia-tion expense of $78,000. Calculate net cash flow from operating activities
Company J has an average gross profit percentage of 30%. What was the estimated value of the inventory destroyed in the tornado
On April 20, McLean Company sells merchandise on account to Tazwell Corporation for $3,000 with terms 1/10, n/30. On April 28, Tazwell pays for half of the merchandise and on May 19 it pays for the other half. What is the total amount of cash McLe..
Prepare entries in general journal form to record the transactions for the quarter ended June 30, 2013.
primo industries collected 104282 from customers in 2014. of the amount collected 24011 was from services performed in
Prepare a partial income statement beginning with income from continuing operations before income tax, Compute net income for 2012
The owner withdrew $670 in cash for personal expenses. Paid $1300 for salaries. Post the transactions into the appropriate T accounts
The remaining 7,500 batteries withdrawn from the storeroom were placed in motorcycles being produced by the company. Of the motorcycles in production during April, 90% were completed and transferred from work in process to finished goods
What are the eight steps in the accounting cycle and how do they affect the financial statements? What happens if one is missing?
Give the entry for the issuance assuming the par value of the common stock was $5 and the fair value $30, and the par value of the preferred stock was $40
Prepare the journal entry to record pension expense and the employers' contribution to the pension plan in 2011.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd