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On January 1, a company issued 10%, 10-year bonds payable with a par value of $720,000. The bonds pay interest on July 1 and January 1. The bonds were issued for $817,860 cash, which provided the holders an annual yield of 8%. Prepare the journal entry to record the first semiannual interest payment, assuming it uses the straight-line method of amortization.
mr. man has been working for a trading company as a sales manager for many years. his current monthly salary is 20000.
wilson company has 100000 in an investment paying 6 percent per annum. each year wilson incurs 1200 of expenses related
aamodt music sold cds to retailers and recorded sales revenue of 690800. during 2014 retailers returned cds to aamodt
barnett industries inc. issued 600000 of 8 bonds on january 1 2013. the bonds pay interest semiannually on july 1 and
logan products computes its predetermined overhead rate annually on the basis of direct labor-hours. at the beginning
british productions performs london shows. the average show sells 900 tickets at 65 per ticket. there are 155 shows a
Are there certain laws and/or regulations that these companies need to consider for current and potential business in overseas locations - Is there anything that a management team can do to minimize these risks?
Discuss how an auditor may go about evaluating the effectiveness of the internal controls of a company.
Why do you think Toyota is expanding so aggressively outside of Japan instead of focusing more on manufacturing in Japan and exporting to other countries?
Zeta Co. has outstanding 100,000 shares of $100 par value cumulative preferred stock which has a dividend rate of 6%. They have not declared any cash dividends on the stock in the last 3 years.
kerry corp purchased a used bottling machine from bobs bottling inc. on jan 1 2012 for 450000. bob accounted for the
montana corporation acquired equipment for 475000 at the beginning of the fiscal year with an estimated useful life of
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