User Account

All Pages

How make the adjusting general journal entry

Assignment Help Accounting Basics
Reference no: EM132624109

Problem 1: Alpha Company purchased a $1,000, 5 years, 6% bond on July 1, 2019 for $940. Interest is paid semi-annually on June 30 and Dec ember 31. The straight line method of amortization is used for both premiums & discounts. Use this information to prepare the adjusting General Journal entry (without explanation) for the six-months ended December 31, 2019. If no entry is required then write "No Entry Required."

Reference no: EM132624109

Questions Cloud

Determine the dollar amounts that should be reported : Determine the dollar amounts that should be reported by Alpha Company during 2017 for the Unrealized Gain/Loss - OIC and Dividend Income
Create new benefits and functionality : Describe how mashups create new benefits and functionality from existing data or information. Include a credible source of your information.
Identify five items of information : Identify five items of information that could/should be recorded in relation to WHS consultations that occur.
Explain why the Company agrees to enter into such agreement : Explain why the Company agrees to enter into such agreement with the bank and do the bank gain from the existence of such agreements
How make the adjusting general journal entry : How Make the adjusting General Journal entry (without explanation) for the six-months ended December 31, 2019. If no entry is required
What is the attitude and job satisfaction displayed : 1. What is the attitude and job satisfaction displayed? 2. Determine the Personality and Value of the employer and employees.
Make a trial balance in good form as of june : Make a trial balance in good form as of June 30, 20xx (make sure you have headers and totals). There should be no hardcoded numbers on the trial balance
What is the effect on the statement of financial position : If a business purchases a vehicle for $46,000, paying a deposit of $20,000, what is the effect on the statement of financial position
Explain what is meant by authority : Explain what is meant by authority. How can authority be centralized?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd