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On July 1, 2009 a corporation issued $800,000 of 9%, 8 yearbonds to yield 10%. Interest is paid semiannually on December 31and June 30, and the company uses the straight line method toamortize premium or discounts.prepare the journal entry to issue the bonds on July 1, 2008and prepare the journal entry to record the first interest paymentand the amortization of the discount on December 31, 2008.
suppose the following rates are averages for banks in your area interest checking accounts pay 1 savings accounts pay 2
Prepare a cash distribution plan as of September 30, 2009, showing how much cash each partner will receive if the offer to sell the assets is accepted.
botticelli inc. was organized in late 2008 to manufacture and sell hosiery. at the end of its fourth year of operation
betty incurs the following transaction during the current year. without considering the transaction her 2012 agi is
When discussing planned detection risk (PDR) and the audit risk model, which of the following statements is not true?
How much overhead is allocated? What is the over/under absorbed overhead?
Use of historical costing including the possibility of general price-level adjustments. Why do you think he has made this choice?
mccauley bagpipes produces two models model 24 has sales of 500 units with a contribution margin of 40 each model 26
ertified public accountants have imposed on themselves a rigorous code of professional conduct.1. discuss the reasons
mainline sports has just acquired a new business van at a cash price of 70000. unfortunately mainline only had 10000
read the virgin america lands in the united states case study and provide a detailed and specific answer for the
1.woolfords cvp income statement included sales of 3000 units a selling price of 50 variable expenses of 30 per unit
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