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1. Coates Inc. issues $3 million, 5-year, 10% bonds at 102, with interest payable on July 1 and January 1.The straight-line method is used to amortize bond premium.
(a) Prepare the journal entry to record the sale of these bonds on January 1, 2010.
(b) Prepare the journal entry to record interest expense and bond premium amortization on July 1, 2010, assuming no previous accrual of interest.
during the period 1984 to 2008 the average yield on 3-month u.s. treasury bills was 4.76 the average inflation rate was
Obtain soil from a nearby garden or lawn, shake it with a small amount of water, let it settle and then test the acidity of the water above the solids
To avoid paying monthly rent of $5,000 on existing plant facilities, the company decided to buy a tract of land and construct a building of its own on it.
Calculate the preliminary sample size using a 100% average misstatement assumption.
1.-prepaid insurance had a balance of 1000 on the companys dec 31 2011 balance sheet. on june 1 2012 the company paid
desai inc. has the following data in thousands. assuming a 365-day year what is the firms cash conversion cycle? annual
theory of constraints throughput margin and relevant costs. nevada industries manufactures electronic testing
stowers research issues bonds dated january 1 2011 that pay interest semiannually on june 30 and december 31. the bonds
belgrade lakes properties is developing a golf course subdivision that includes 225 home lots 100 lots are golf course
The following items are reported on a company's balance sheet: Determine (a) the current ratio and (b) the quick ratio. Round to one decimal place.
mc qu. 68 brummitt corporation has two divisions the ... brummitt corporation has two divisions the baj division and
nations shipping determined the rate to apply overhead based on direct labor hours would be 8.40 and based on machine
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