Prepare the journal entry by indian river electronics

Assignment Help Accounting Basics

Reference no: EM13117643

the balance sheet of the Indian River Electronics Corporation as of December 31, 2012, included 12.25% bonds having a face amount of $90 million. The bonds had been issued in 2005 and had a remaining discount of $3 million at December 31, 2012. On January 1, 2013, Indian River Electronics called the bonds before their scheduled maturity at the call price of 102. Prepare the journal entry by Indian River Electronics to record the redemption of the bonds at January 1, 2013.

Reference no: EM13117643

Questions Cloud

Find optimal allocation for estimating population mean : The population consists of two strata, H and L of sizes 100,000 and 500,000 and standard deviations 20 and 12 respectively. A stratified sample of size 100 is to be taken.

Find the probability of random co-incidence : Find the probability of random co-incidence, if the probability to get a certain value in both studies was the same, I would expect to have (125/1389)*38=3.41973 data-points with a larger value than the largest value in my study

What is the true potential difference among this resistor : What is the true potential difference among this resistor when the meter is not present? I thought this was just 25 but it is wrong when I enter in.

Can you learn about job and work design : What, if anything, can you learn about job and work design from the Philips case that might help ensure that your factory workers are optimally productive?

Prepare the journal entry by indian river electronics : the balance sheet of the Indian River Electronics Corporation as of December 31, 2012, included 12.25% bonds having a face amount of $90 million.

What is the speci?c heat capacity of the metal : A piece of metal of mass 13 g at 103?C is placed in a calorimeter containing 53.5 g of water at 21 ?C. The ?nal temperature of the mixture is 57.2 ?C. What is the speci?c heat capacity of the metal.

Determining monthly payment of student loan : Suppose that you have student loan of $80,000 with an APR of 7% for 30 years. If you decide to pay off the loan in 20 years instead of 30.

Illustrate with what velocity did the ball leave her hand : From point B, the ball was in the air 2.0 seconds and traveled a horizontial distance of 16.2 meters before hitting the ground. Illustrate with what velocity did the ball leave her hand at point B?

What total incremental manufacturing cost martinez incur : Martinez Company's relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its unit costs are as follows.

User Account

All Pages