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Question - On January 1, 2019, White Co. acquired Black Co. bonds with a face value of P900,000 at 105 plus accrued interest. The interest of 12% per annum is payable semi-annually on January 1 and July 1. The bonds were issued on January 1, 2019. Bonds of P300,000 mature at annual intervals beginning January 1, 2020. Find the total amortization of discount for the year 2019 following the bond outstanding method?
The following financial information is for Chesapeake Corporation are for the fiscal years ending 2018 & 2017. Determine number of current ratio as of December
1. major influences of competitors costs and customers on pricing decisions are factors of supply and demand.
Potlatch Corporation has issued various types of bonds such as term bonds, income bonds, and debentures. Differentiate between term bonds, mortgage bonds, debenture bonds, income bonds, callable bonds, registered bonds, bearer or coupon bonds, co..
What is statistical sampling? What is non-statistical sampling? Explain the strengths and weaknesses of each approach
Starship Enterprises enters into the following transactions during 2014 and 2015:
Wayne's steaks inc. has a 9%, non callable,$100-par-value preferred stock issued outstanding.On january 1,the market price per share is $73.dividends are paid annualy on december31. if you require a 12% annual return on this investment, what is th..
On numerous occasions, proposals have surfaced to put the federal government on the accrual basis of accounting. This is no small issue. If this basis were used, it would mean that billions in unrecorded liabilities would have to be booked, and th..
Tax treaties help determine how income will be taxed. Identify one (1) benefit offered as a result of a tax treaty, and determine the manner in which this might help reduce taxes owed. Provide support for your response.
the rampr companys production costs for august are direct labor 13000 indirect labor 6500 direct materials 15000
James Olds buys a four-year, $1,000,000 certificate of deposit from the Second National Bank. James will receive 5% interest in year 1; 5.5% in year 2; 6% in year three; and 6.5% interest in year 4. If James "redeems" this certificate before ..
1. irrespective of how capital assets are aquired they are recorded differently in overnmental funds than in business.
Using the above information, determine the following missing amounts: Cost of goods sold 150,000 and Finished goods inventory
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