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Problem 1: On January 1, 2020, Kabond issued a 3-year bond with conversion feature, 9% P1,000,000 at par. Without the conversion feature, the bonds would have sold for 89. Interest is payable semi-annually every June 30 and December 31. On May 30, 2021 the bonds were retired for P1,030,000. At retirement date, the bonds were selling at 91 without the conversion feature. How much was the reduction in the bond conversion privilege at retirement date?
Journal Entries Refer to the data. Prepare summary journal entries for the use of direct materials and conversion costs.
Allied Paper Products, Inc., offers a restricted stock award plan to its vice presidents. On January 1, 2021, the company granted 20 million of its $1 par.
at january 1 2013 canaday corporation had outstanding the following securities 700 million common shares 35 million 8
Stossel estimates that ten units will be returned, the costs of recovering the units will be immaterial. What amount of refund liability should be recorded
Freebee Corporation's common stock is actively traded on a national exchange. It issues 2,000 shares of its $3 par value stock for equipment.
the rondo company had a beginning inventory of 12500 net purchases of 23500 and a physical count ending inventory of
silmon corporation makes a product with the following standard costsinputs standard quantity or hours standard price or
Problem - DAY CARE IN PUBLIC HOUSING. What challenges does the company face in opening the day-care center? Where do the uncertainties lie
At what price level would the new, improved radio begin to improve operational earnings. Round to nearest whole dollar
What is the procedure for using mean and median to determine whether the data is skewed, and if so, in what direction? c. Apply the procedure you described to the mean and median computed in part a.
using effective-interest amortization. The yield on the bonds is 14 percent
Prepare a schedule computing the net cash flow from operating activities that would be shown on a statement of cash flows using the indirect method and the direct method
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