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!
1. Entries for Held-to-Maturity Securities on January 1, 2009, Roosevelt Company purchased 12% bonds, having a maturity value of $500,000, for $537,907.40. The bonds provide the bondholders with a 10% yield. They are dated January 1, 2009, and mature January 1, 2014, with interest receivable December 31 of each year. Roosevelt Company uses the effective-interest method to allocate unamortized discount or premium. The bonds are classified in the held-to-maturity category.
(a) Prepare the journal entry at the date of the bond purchase.
(b) Prepare a bond amortization schedule.
(c) Prepare the journal entry to record the interest received and the amortization for 2009.
(d) Prepare the journal entry to record the interest received and the amortization for 2010.
Jan Green established a savings account for her son's college education by making annual deposits of $6,000 at the beginning of each of six years to a savings account paying 8%.
The following answer needs to be 300 words: What is a stock redemption? What are some reasons for redeeming stock? Why are some redemption treated as sales and others as dividends?
Discuss the financial impact of SOX and consider its effect on economic growth and enterprise.
If the business decides to make an accounting methods change, how is this accomplished? What methods of accounting are available to a small business and to a large business?
In response to these problems, Congress passed the Sarbanes-Oxley Act of 2002. Recommend internal controls that would satisfy the Sarbanes-Oxley Act.
on january 1 2012 legoria co. grants options that permit key executives to acquire 10 million of the companys 1 par
Joe has asked you to help him decide which of these potential contributions will be most advantageous tax-wise. Jay's taxable income is $3.5 million before considering the contribution. Rank the four alternatives and communicate your advice to Joe..
Use the SUM function to calculate the total for all the cells. Use the Freeze option to freeze the top panes.
for 2012 lbj corporation reported net income of 75000 net sales 750000 and weighted average shares outstanding of 7500.
Explain the organization and purpose of chaebols. Identify the positive and negative characteristics of chaebols for both local and global economy. Also, explain the role they play in the South Korean economy.
zack is a farmer who buys his feed and fertilizer from a farmer cooperative. in 2012 zack purchased 300000 in feed and
bill has a mortgage loan on his personal residence. he decides to pay 24 months of interest in advance on july 1 2012.
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