On january 1 2011 ross corporation issued bonds with a

Assignment Help Accounting Basics

Reference no: EM13610917

On January 1, 2011, Ross Corporation issued bonds with a maturity value of $200,000; the bond's stated rate of interest equaled the market interest rate on the issue date. On December 31, 2011, the market value of the bonds was $188,926; on December 31, 2012, the market value of the bonds was $191,325. What amount of unrealized gain or loss (indicate which) would Ross Corporation report if Ross elects to measure the bond liability using the fair value option?

Reference no: EM13610917

Questions Cloud

An ideal carnot engine has an efficiency of 25 if it were : an ideal carnot engine has an efficiency of 25. if it were possible to run it backward as a heat pump what would be its

An analysis of the general ledger accounts indicates : an analysis of the general ledger accounts indicates thatoffice equipmentwhich cost 67000 and on which

On january 1 2012 the husky corporation purchased 90 of the : on january 1 2012 the husky corporation purchased 90 of the spartan companys voting stock for 2700000. spartans net

Calculate the thermal efficiency of the cycle for : a cold air-standard otto cycle operates between temperature limits of 70 and 1500 f. calculate the thermal efficiency

On january 1 2011 ross corporation issued bonds with a : on january 1 2011 ross corporation issued bonds with a maturity value of 200000 the bonds stated rate of interest

How to convert the uneven diameter of the hollow tube in to : a solid hollow tube thin wall with pin in the bottom and the top part is connect with another tube and there is a force

A companys retained earnings on december 31 2011 was : a companys retained earnings on december 31 2011 was 2190000 and its shareholders equity was 8760000. during 2012 the

Abel and co is newly established company and needs your : abel and co. is newly established company and needs your helpfor recording corporate dividends and retained

A charge of 20 micro coulomb is located in a uniform : a charge of 2.0 micro coulomb is located in a uniform electric field of intensity nc. what is the magnitude of the work

User Account

All Pages