User Account

All Pages

On sep 30 2013 the company elected to retire bonds early

Assignment Help Accounting Basics
Reference no: EM13593017

A company issued $500,000 of 10%, 5-yr bonds at face value on July 1,2012. Interest on bonds is payble semiannually on Dec 51 & June 30.Provide journal entry to record issuance on bond on Jul 1, 2012 ?Provide journal entry made of Dec 31, 2012 to account for these bonds?On Sep 30, 2013, the company elected to retire bonds early & market rpice of bonds on this date was 486,000. Provide journal entries to record the early retirement.?

Reference no: EM13593017

Questions Cloud

A 230 credit to office equipment was credited to fees : a 230 credit to office equipment was credited to fees earned by mistake. by what amounts are the accounts under- or
What are adjusting entries and why are they necessary what : what are adjusting entries and why are they necessary? what are accruals? provide examples of accruals. why do accruals
What is the difference between accrual and cash accounting : what is accrual accounting? why do generally accepted accounting principles require accrual accounting? what is the
On september 30 the cash account of value company had a : on september 30 the cash account of value company had a normal balance of 5600. during september the account was
On sep 30 2013 the company elected to retire bonds early : a company issued 500000 of 10 5-yr bonds at face value on july 12012. interest on bonds is payble semiannually on dec
Compute the amount of depreciation for the first year for : on jan 1 a company purchased a machine for 80000. the estimated life of the machine was 8 years and the estimated
Vitko corporation makes automotive engines for the most : vitko corporation makes automotive engines. for the most recent month budgeted production was 6000 engines. the
On the basis of the following data for grant co for 2011 : on the basis of the following data for grant co. for 2011 and the preceding year ended december 31 2010 prepare a
Calculate the change in contribution margin to each : word wizard is a publishing company with a number of different book lines. each line has contracts with a number of

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