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 January 1, 2016, YOU TOO CORPORATION purchased P1,000,000 10% bonds designated as financial asset at amortized cost. The bonds were purchased to yield 12%. Interest is payable annually every December 31. The bonds mature on December 31, 2020. On December 31, 2016, the bonds were selling at 99.On January 2, 2018, YOU TOO sold P500,000 face value bonds at 101. The bonds were selling at 103 on December 31 2018.
How much is the realized gain on sale of the investment in bonds on January 2, 2018?
How much should be reported as unrealized gain or loss as a component of equity on December 31, 2018?
If the entity elected the fair value option, how much should be recognized as unrealized gain for 2016?
Explain the purpose of recording and using information management systems in a business and how are these used to support the company.
the following information about the payroll for the week ended december 30 was obtained from the records of qualitech
Prepare a bank reconciliation for the month of October. The Fitzgerald Company maintains a checking account at the Bank of the North.
Prepare journal entries to record the forward contract and the sale of equipment, including the adjusting entries required at year end and the settlement date
Bugga Corp expects to sell 3,000 units in October, and expects sales to increase 20% each month thereafter. Sales price is expected to stay constant at $8 per unit. What are budgeted revenues for the fourth quarter?
Evaluate the basic and diluted consolidated EPS for the year ended 31 st December, 2014. Use quarterly share averaging.
Kolby’s Korndogs is looking at a new sausage system with an installed cost of $765,000. This cost will be depreciated straight-line to zero over the project’s six-year life, at the end of which the sausage system can be scrapped for $100,000.
What form of international acquisition is indicated? The program office has received a letter of request (LOR) through their military
Prepare journal entries to record the following merchandising transactions of Sheng Company, which applies the perpetual inventory system.
Find the Gross Profit Percentage of Wayne Enterprises for FY 2012. Find the Inventory Turnover for Luthor Industries for FY 2012. Find the Days Sales in Inventory for Luthor Industries for FY 2012.
Prepare a statement of cash flows for year ended December 31, 2014. Use the indirect method for cash flows from operating activities and how can users of financial statements utilize statement of cash flows in making informed decisions?
By what amount should the additional paid-in capital account increase as a result of this transaction?
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