User Account

All Pages

How would the april payment be reported

Assignment Help Accounting Basics
Reference no: EM132429356

Question - A general obligation bond issue accounted for through a Debt Service Fund requires principal payments of $ 500,000 on April 1st of each year. How would the April 1st payment be reported?

An expenditure is recorded in the Debt Service Fund.

An Other Financing Use is recorded in the Debt Service Fund.

A debit to the bond payable liability in the Debt Service Fund.

None of the choices are correct.

Reference no: EM132429356

Questions Cloud

Describe demographic profile of a hypothetical individual : Describe the demographic profile of a hypothetical individual (e.g., age, gender, race, income, education, employment, etc.). Be very creative and detailed.
What are the limitations of financial ratios : Referencing this week's readings and lecture, what are the limitations of financial ratios?
What amount should be reported in the state investment : The state government maintains an investment pool for itself and local governments in the state. What amount reported in the State's Investment Trust Fund
Devastating effects of technological warfare : Please provide 3 to 4 sentences to the below question. While the image of the soldier poet may seem like an unlikely mix, the devastating effects
How would the april payment be reported : A general obligation bond issue accounted for through a Debt Service Fund requires principal payments. How would the April 1st payment be reported
Life of intellectual contemplation : What do you think of Aristotle's conclusion that the good life is a life of intellectual contemplation and are there other ways of life that could bring happine
Evaluate each of the limits listed : Find the formulas for the functions listed below and specify their respective domains and Determine whether the evaluation of the limits
Describe how disability can be defined as a social construct : Describe how disability can be defined as a social construct. Describe the intersection of Stephanie's mental illness with other characteristics of her identity
What amount should be reported in hardin county agency fund : The tax agency fund of Hardin County collected $1,000,000 for a school district, What amount should be reported in the Hardin County Agency Fund

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