Proportional method to record the issuance of the bonds

Assignment Help Financial Accounting

Reference no: EM13776887

Eisler Corporation issued 2,300 $1,000 bonds at 103. Each bond was issued with one detachable stock warrant. After issuance, the bonds were selling in the market at 99, and the warrants had a market price of $41.

Use the proportional method to record the issuance of the bonds and warrants.

Reference no: EM13776887

Questions Cloud

Uses the incremental-revenues allocation method : Trio Company sells three products, Do, Ra, and Mi, for prices of $8, $7, and $5, respectively. They also offer combinations of the products for reduced overall prices. If Trio Company uses the incremental-revenues allocation method and has designated..

Basic earnings and diluted earnings per share : On June 1, 2012, Andre Company and Agassi Company merged to form Lancaster Inc. A total of 869,000 shares were issued to complete the merger. The new corporation reports on a calendar-year basis. On April 1, 2014, the company issued an additional 623..

Evaluating profit and cash flows : Any manager's job is to help the firm maximize its value, which is based on future cash flows. In order to understand future cash flows, informed managers must study their firm's financial statements. You studied various profit and cash flow concepts..

The fibonacci series is defined to be the following numbers : The Fibonacci series is defined to be the following numbers: 0,1,1,2,3,5,8,... where each number is the sum of the previous two numbers. Create a pseudo code function using do-while loops and output the first number greater than 100 in the preceding ..

Proportional method to record the issuance of the bonds : Eisler Corporation issued 2,300 $1,000 bonds at 103. Each bond was issued with one detachable stock warrant. After issuance, the bonds were selling in the market at 99, and the warrants had a market price of $41. Use the proportional method to record..

Equity indexes i would like to know what the s&p 500 measur : Assignment 3: Equity Indexes I would like to know what the S&P 500 measures. I would like to know what the Dow Jones Industrial Average measures? What are the differences between the Dow Jones Industrial Average and the S&P 500? What is an exchange t..

Partnership realization and liquidation with the supporting : The partners share profits and losses as follows: Able, 50%, Bert, 30%, Carl, 20%. The partners have decided to liquidate their partnership by installments. Cash is distributed to the partners at the end of each month. Statement of Partnership Realiz..

What is the breakeven cost per killowatt hour : CFL's have become more popular in recent years but do they make financial sense? Suppose a typical 60 watt light bulb cost $0.44 and last for 1,000 hours. A 15 watt CFL which provides the same light costs $3.35 and lasts 12,000 hours. A kilowatt hour..

Describe what policy changes you would implement to mitigate : The damaging scandals of Wikileaks/Bradley Manning and Edward Snowden demonstrate a series of critical failures of existing security policy.1. For both scandals describe the policy failures that you believe were responsible for the incidents. 2. Desc..

User Account

All Pages