User Account

All Pages

Prepare komiko journal entries for purchase of investment

Assignment Help Accounting Basics
Reference no: EM133039549

Question - Komiko corporation pirchased trading investment bonds for $33,000 at par. At December 31, Komiko received annual interest of $1,720. Prepare komiko journal entries for (a) the purchase of the investment (b) the interest received and (c) the fair value adjustment. (Assume a zero balance in the fair value adjustment account.

Reference no: EM133039549

Questions Cloud

Component for information governance implementation : With this detail in mind, briefly state why the e-Mail has become a critical component for IG implementation?
Data customer collection and information management : Research and assess the ethical issues related to data customer collection and information management.
What is the expected return on the portfolio : If the expected returns on these stocks are 9 percent and 12 percent, what is the expected return on the portfolio
Testimony are critical aspects of digital forensics : The topics of reporting and of expert witness testimony are critical aspects of digital forensics.
Prepare komiko journal entries for purchase of investment : Prepare komiko journal entries for (a) the purchase of the investment (b) the interest received and (c) the fair value adjustment
Difference between book values and market values : What is the difference between book values and market values on the statement of financial position and explain which is more important to the financial manager
What are penalties for violating the law : What are the penalties for violating the law? What other critiques or opinions do you have about it?
How much is the value of the stocks : The Year 1 revenue is Php5 Million and expected to constantly grow by 5%. How much is the value of the stocks? Are you going to accept the offer
Calculate the weighted average cost of capital : Additional information Issued shares: 10 000 000 ordinary shares Debt: R200m Before tax borrowing cost: 12%. Calculate the weighted average cost of capital

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