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!
On January 1,2018 Surreal Manufacturing issued 630 bonds, each with a face value of 1,000$ a stated interest rate of 3 percent paid annually on December 31 and a maturity date of December 31,2020. On the issue date the market interest rate was 4 percent so the total proceeds from the bond issue were $612,519. Surreal uses the simplified effective interest bond amortization method and adjusts for any recording interest in the final.
Problem 1: Prepare the journal entries to record the bond issue, the interest payments on December 31,2018 and 2019 the interest and the face value payment on December 31, 2020 and the bond retirement. Assume the bonds are retired on January 1, 2020 at price of 101 Journal Entry 1 record the issuance of 630 bonds at face value of $1,000 each for $612,519.
a) Find the z-score of the observed proportion. b) Compare the z-score to the critical value for a 0.1% significance level using a one-sided alternative. c) Explain your conclusion.
Equipment that cost $380,000 and has accumulated depreciation of $310,000 is exchanged for equipment, Calculate the gain to be recognized from the exchange
Later in the same year, Tim sold the stock to an unrelated party for $26,000. What is the tax effect of these transactions
With proper plans, actions and procedures how do you systematically manage Work health and safety to minimize risk, workplace injury and illness at work
Roger signed for a ten year lease to rent office space from Doug. How much must Doug include in income in the first year of the lease
Concord Leasing purchases and then leases small aircraft to interested parties. What will be the annual rental if Concord wants to earn a return of 12%
Prepare journal entries (without narrations) to record all transactions for the year ended 31st December 2016
The adjusted balance for Prepaid,Insurance Expense for the period was $1,136. What was the balance for Prepaid Insurance on the unadjusted trial? balance?
Baltimore Company experienced an increase in total assets of $13,500 during the current year. How much was Baltimore's net income
on december 312011 ace management co. prepared an adjusting entry to accrue 9800 of earned but unrecorded rent
December 31, 20X8, inventory contained $1,000 worth of intercompany merchandise. What is the unrealized and realiazed intercompany inventory profit
Assuming that purchases are recorded at gross amounts and that discounts are to be recorded when taken
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