Reference no: EM131534761
Question: Jobbs Company issues 10%, five-year bonds, on December 31, 2010, with a par value of $100,000 and semiannual interest payments. Use the following straight-line bond amortization table and prepare journal entries to record
(a) the issuance of bonds on December 31, 2010;
(b) the first interest payment on June 30, 2011; and
(c) the second interest payment on December 31, 2011.
Semiannual Period-End Unamortized Premium Carrying Value
(0) 12/31/2010 . . . . . . . . . . . . . . . . . $8,111 $108,111
(1) 6/30/2011 . . . . . . . . . . . . . . . . . 7,300 107,300
(2) 12/31/2011 . . . . . . . . . . . . . . . . . 6,489 106,489
|
What is the amount of the premium on these bonds at issuance
: Prairie Dunes Co. issues bonds dated January 1, 2011, with a par value of $800,000. The bonds' annual contract rate is 13%, and interest is paid semiannually.
|
|
Distinguish between a fragmented and consolidated industry
: Distinguish between a fragmented and consolidated industry, and describe examples of each. How can the weaknesses be improved?
|
|
Write a paper on the different specialty areas
: Research and write a paper on the different specialty areas in the field of Psychology. Compare and contrast 2 different personality theories
|
|
Positioning strategies of competitor
: Thinking about the positioning strategies of each competitor in the wearable device market, which one do you think is the most effective? Why?
|
|
Prepare journal entries to record the issuance of bonds
: Jobbs Company issues 10%, five-year bonds, on December 31, 2010, with a par value of $100,000 and semiannual interest payments.
|
|
What is the purpose of the specialized interview
: What is the purpose of the specialized interview? What are the advantages and disadvantages of a telephone interview
|
|
Place and promotion as a guiding principle
: With the marketing mix, product, price, place and promotion as a guiding principle, view the video Stuart Cellars.
|
|
Explain what are competitive and cooperative strategies
: How does a company's portfolio guide decisions? What are the pros and cons of these strategies? What are competitive and cooperative strategies?
|
|
Launching a business planning to operate
: Imagine you are an entrepreneur launching a business planning to operate both domestically and abroad. You are currently developing your marketing plan.
|