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, 2020, Green Corporation issued 4,000 convertible bonds with $1,000 face amount per bond. The bonds have a three-year life and are issued at 105% or at a total proceeds of P4,200,000. Interest is payable annually at 6% every December 31. Each bond is convertible into 20 ordinary shares with 50 par value. When the bonds are issued, the market rate of interest for similar bonds without conversion option is 8%. Use up to 6 digits for the present value factor.
Required -
1. Prepare the journal entry to record the issuance of the convertible bonds.
2. Prepare the journal entry to record the full payment of the convertible bonds at maturity on January 1, 2023.
july1nbspnbsppurchased merchandise from boden company for 6000 under credit terms of 115 n30 fob shipping point invoice
Murgatroyd changed to straight-line depreciation for this equipment. What depreciation would Murgatroyd record for the year 2021 on this equipment
the following information is taken from the accrual accounting records of kroger sales companya. during january kroger
Define the term green computing and state the primary goals of this program.
Prepare a "target" diagram showing the list of steps your friend should follow.
The store is unaware of the short shipments because the receiving report accompanying the merchandise to the sales areas shows that everything was received.
the following characteristics are related to either periodic inventory or perpetual inventory systems.a. purchase of
Requirements - Prepare entries in general Journal form to record the above transactions. Use a 360-day year in making the interest calculations
If a different bank offers a rate of 12%, but it is a simple discount rate instead, what is the exact day the note should be discounted
What are the permanent and temporary differences? What is NOL? Why does it occur? What are the allocation methods? What are the deferred tax assets and deferred tax liability?
Yummy Food Limited, whose fiscal-year ends on December 31, issued a 10-year, How much is the issuance price of the bond on January 1, Year 1
Discuss the relationship between the audit of property, plant, and equipment accounts and the audit of repair and maintenance accounts
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