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Question - Shamrock Corporation issued 1,900, ten year, 6% bonds for 104 on January 1, 2020. Interest is paid annually. Each $1,000 bond carried a detachable warrant allowing the holder to purchase 280 common shares in Shamrock at $11 per share, the price at which Shamrock shares were trading on the day of the sale of the bonds. Similar straight bonds trading on the open market paid 10%. On June 30, 2020, 190 of the bond holders exercised the options to buy the shares. Prepare the journal entries to record these events.
g owns a sole proprietorship while h is the 100 shareholder of a corporation. the businesses in the current year make a
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How much should the village recognize as property tax revenue in its government wide statement of activities for the fiscal year ended June 30, 2013?
Compute the acquisition cost of the deposit in 2016. Compute the net book value of the deposit after payment of the January 2017 developmental costs.
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