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Your Company sells $2,000,000 of 10% bonds on June 1, 2012. Each bond has a face value of $1,000. The bonds pay interest on December 1 and June 1. The due date of the bonds is June 1, 2016. The bonds were sold to yield 8%. The bonds are callable at the discretion of the issuer. On November 1, 2013, $1,400,000 of the bonds are called and retired at 1.03 plus accrued interest. The remaining bonds are outstanding until their due date.
1. Prepare the entry to record the issuance of the bonds and prepare a bond amortization table.
x company manufactures a single product and estimates its direct manufacturing costs each month. it is estimated that
the postal service of st. vincent an island in the west indies obtains a significant portion of its revenues from sales
What is the effect on the financial statements of the entry to record the day's sales and any related overage or shortage?
Some of the world's most successful companies (Fortune 500) operate multiple lines of business. Despite this fact, many of these firms rely on a single AIS. From the second e-Activity, for the business you researched, examine how its lines of busi..
a condensed income statement by product line for celestial beverage inc. indicated the following for star cola for the
in the united states accounting principles are developed through a cooperative effort between the public sector and
The cost of meals and lodging while on vacation was $300 and $500, correspondingly. Find how much may Harry deduct as travel expenses for trip?
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During the month, direct materials amounting to $20,000 and indirect materials amounting to $5,000 was issued to production. What is the ending balance in the manufacturing overhead account for the month of October?
data for two projects having the same useful life follows.project flower initial investment 90000 present value of net
on january 1 2014 tillit corporation changed its method of accounting for bad debts from the direct write-off method to
Her projected share of the loss for the first year is $36,000.Agnes' individual tax rate is 33%. Determine the cash flow benefit of the loss to Agnes if the business form is:
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