Received semiannual interest

Assignment Help Humanities
Reference no: EM13320533

Debt Investment Transactions, Available-for-Sale Valuation Dollar Mart Inc. is a general merchandise retail company that began operations on January 1, 2012. The following transactions relate to debt investments acquired by Dollar Mart Inc., which has a fiscal year ending on December 31: 2012 May 1 Purchased $72,000 of Elkin City 4%, 10-year bonds at face value plus accrued interest of $480. The bonds pay interest semiannually on March 1 and September 1. June 16 Purchased $124,000 of Morgan Co. 6%, 12-year bonds at face value plus accrued interest of $310. The bonds pay interest semiannually on June 1 and December 1. Sep. 1 Received semiannual interest on the Elkin City bonds. Oct. 1 Sold $28,800 of Elkin City bonds at 103 plus accrued interest of $96. Dec. 1 Received semiannual interest on Morgan Co. bonds. Dec. 31 Accrued $576 interest on Elkin City bonds. Dec. 31 Accrued $620 interest on Morgan Co. bonds. 2013 Mar. 1 Received semiannual interest on the Elkin City bonds. June 1 Received semiannual interest on the Morgan Co. bonds.

Reference no: EM13320533

Questions Cloud

Explain the actual revenues and expenditures : Prepare journal entries to record the actual revenues and expenditures. Assume all transactions resulted in increases or decreases in cash.
Consider the following definition of discrimination : Consider the following definition of discrimination
Determine the dividend yield for macro : Dividend Yield The market price for Macro Corporation closed at $33.07 and $47.93 on December 31, 2008, and 2009, respectively. The dividends per share were $0.42 for 2008 and $0.58 for 2009.
Find the rms value of the voltage across the inductor : 120-v rms signal at 60.0hz is applied across a 30.0mH inductor and a 100 resistor. what is the rms value of the voltage across the inductor
Received semiannual interest : Accrued $576 interest on Elkin City bonds. Dec. 31 Accrued $620 interest on Morgan Co. bonds. 2013 Mar. 1 Received semiannual interest on the Elkin City bonds. June 1 Received semiannual interest on the Morgan Co. bonds.
At what frequency will it vibrate : A violin string vibrates at 264 Hz when unfingered. At what frequency will it vibrate if it is fingered one fourth of the way down from the end
How will you develop its presentation to appropriate market : In Career Focus: A Personal Job Search Guide, Martucci Lamarre (2006) suggests that if we want to realize our job dreams, we need to think about ourselves as products to be marketed.
What is the spring constant of this elastic cord : An elastic cord is 63.9 cm long when a weight of 71.1 N hangs from it but is 88.9 cm long when a weight of 184 N hangs from it. What is the "spring" constant k of this elastic cord
Watson uses four units of direct material : Watson uses four units of direct material in each finished unit. The direct material price has been stable and is expected to remain so over the next six months.

Reviews

Write a Review

Humanities Questions & Answers

  Plan to improve correctional facilities

Women imprisonment should be facilitate with certain correctional facilities. In this paper, we have discussed about the plan for improving correctional facilities for the women prisoner in America.

  Situation analysis of food security in new zealand

This paper aims to present, discuss and analyse factors that are causing low food security, the management, current and proposed solutions in New Zealand (NZ).

  Social services on human traffic

The research study is limited to the understanding of  how social service agencies could approach or respond to the needs of the victim/ survivor of sex trafficking.

  Social deviance: the issue of risky sexual behaviour

The issue of deviant behaviour has been discussed by various sociologists from a number of perspectives.

  Race and racism

This paper is a brief description of the study, discrimination pertains to the prejudice perception and treatment of a person or demographical issues belonging to a category.

  Depth of challenges people face

Your own knowledge about the Depth of Challenges People face

  Project plan written report

Sufficient information to enable the organisation's Board of Executives to understand the rationale for the program and the activities required to design, implement and evaluate the program including any additional data that would need to be colle..

  Evaluation structure logical and achievable.

Health care organisational processes management, service administration, service provision and delivery

  Write an essay on locke''s theory of meaning

Write an essay on Locke's theory of meaning

  Leadership reflections paper

Write a paper on Leadership Reflections Paper Summarizes and reflects upon leadership ideas gleaned from the four required readings

  What role has feminism played

what role has feminism played in our appreciation of their work today.

  What subject matter choices were available to women artists

Prior to the beginning of the twentieth century, what subject matter choices were available to women artists? What cultural and historical influences placed limitations on their choices?

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd