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, 2013, Hi and Lois Company purchased 12% bonds, having a maturity value of $300,000, for $322,744.44. The bonds provide the bondholders with a 10.00% yield. They are dated January 1, 2013, and mature January 1, 2018, with interest receivable December 31 of each year. Hi and Lois Company uses the effective-interest method to allocate unamortized discount or premium. The bonds are classified as available-for-sale category. The fair value of the bonds at December 31 of each year-end is as follows.
2013
$320,500
2016
$310,000
2014
$309,000
2017
$300,000
2015
$308,000
(a) Prepare the journal entry at the date of the bond purchase.
(b) Prepare the journal entries to record the interest received and recognition of fair value for 2013.
(c) Prepare the journal entry to record the recognition of fair value for 2014.
name the four areas in which standards of ethical conduct exist for management accountants in the united states. what
Based on the progress made to date, what are your thoughts on the convergence project undertaking
Analysis of an expansion project Companies invest in expansion projects with the expectation of increasing the earnings of its business.
astair inc. reported sales of 8000000 for the month and incurred variable expenses totaling 5600000 and fixed expenses
Springbok Corporation
a business received an offer from an exporter for 20000 units of product at 15 per unit. the acceptance of the offer
section 351-much like the like-kind exchange rules under section 1031-often allows the gain that would otherwise be
(Analysis of the MD&A) Use the Internet to review a government's CAFR. Review all financial statements carefully. Read the MD&A.
Ballina Products manufactures and distributes toys to retail outlets. Prepare a production budget for RC Helicopter for the months July-October
Your task is to prepare a report to be presented to your co-investors which identifies two locations in Australia which meet your criteria.
Definition of accounting elements and the relationship between the balance sheet and income statement. What are these approaches and how do they differ?
finch inc. a calendar year general contractor and cardinal inc. a development corporation with a july 31 year-end
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