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!
Question - On January 1, 2021 BEE Corp issues a 3-year interest-bearing N/R with face value of $20,000 and an interest rate of 5% payable annually on December 31. The note was issued to a customer in exchange for services provided. The market rate for a N/R of similar risk is 8%.
A. Calculate the present value of this N/R. Round amounts to the nearest dollar.
B. What is the amount of the "discount" that will be amortized over the 3-years of this N/R? Round to the nearest dollar.
C. Prepare an amortization schedule (effective interest method) for this note over the three years. Round to the nearest dollar (there will be a few dollars difference, due to rounding errors - no deduction for this!)
D. Prepare the journal entries for the issue of the note on January 1, 2021 and the first interest payment on December 31, 2021.
wave-zone company has 10000 units of its sole product that it produced last year at a cost of 50 each. this years model
Find the total amount of interest that will accrue for loan and What is total amount of accure loans
Her specialty is writing software code used in maintaining the security of credit-card information. Wang is approached by the Electronic Commerce Group (ECG).
Wisconsin Metal Co. produces 12.5-gauge barbed wire that is retailed through farm supply companies. What would be the dollar effect on pre-tax income
What potential audit procedures could the team consider to evaluate management's revenue recognition policies
Management expects sales to increase 5% in April, another 2% in May, and another 10% in June. Cost of goods sold is expected to be 68% of sales
Vendors in the computer system. Explain the control concern/business risk so the IT group, responsible to correct the issue, will understand the business need.
Compute the amount of phantom profit that would result if the company used FIFO rather than LIFO.
On the first day of the fiscal year, a company issues a $306,000, 12%, Journalize the entry to record the first interest payment
Analyze the potential benefits that a flat tax structure might have on both taxpayers and the United States Treasury. Defend or critique a flat tax structure.
pro forma financial statement is a financial statement that:
Is the shirt a negotiable instrument? For extra points, how many years does he get to spend in a federal prison for messing with the IRS?
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