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, 20X1, ABC acquired 5,000 of XYZ's bonds denominated at P1,000, 12% interest rate, 5 years, intending to collect contractual cash flows. The effective rate in the market at that time is 10%. On December 31, 20X1, the market value of the bonds is P5,350,000 and P5,300,000 on December 31, 20X2. On December 31, 20x1, ABC changes its business model intending to collect contractual cash flows and sell them. How much shall be the cumulative unrealized gain ABC shall show in its comprehensive income?
Rubick Ltd. issued its 9%, 25-year mortgage bonds, Prepare journal entries to record the issuance of the 11% bonds and the retirement of the 9% bonds.
Firm recognizes 469,500 ordinary business income and 14500 loss on sale of investment asset in first year....recognizes 547000ordinary business income and 21400 section 1231 gain and a 9020 section. 1231 loss....compute book and taxable income for bo..
State where the balance of Deferred Gross Profit would be reported on the financial statements for 2013. Compute amount of realized gross profit to be recognized on the income statement, prepared using the cost-recovery method.
The initial cost of the project is £50 million. The risk-free rate is 10%. Calculate the Net Present Value of the project
The bonds sold for P1,041,580 at an effective interest rate of 7%. Using the effective-interest method, make all necessary journal entries
The corporation expects to earn $700,000 each year before bond interest and taxes. Calculate profit under each plan (assume a 50% tax rate)
Compare the direct write-off method to the allowance method . what should be the balance of Allowance for Uncollectible Accounts at the end of the current year?
Last year, Silver Company's total variable production costs were $7,500, and its total fixed manufacturing overhead costs were $4,500. The company produced 3,000 units during the year and sold 2,400 units. There were no units in the beginning invento..
The St. Lucia Blood Bank, a private charity partly supported by government grants, is located on the Caribbean island of St. Lucia. The blood bank has just finished its operations for September, which was a particularly busy month due to a powerful h..
Prepare the journal entry in amortized cost method. The management of NBI truly believes in taking care of its customers when possible.
The purchase price representing a 15% discount from the average stock price of $10.00 during Year 1. Prepare the journal entry to record the share issuance
Discuss whether entity should classified as Reporting Entity. Zema Pty Ltd is a small proprietary company. The four members of the board of directors own 75%
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