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!
1) Ruben Company purchased $100,000 of Evans Company bonds at 100 plus $1,500 in accrued interest. The bond interest rate is 8% and interest is paid semi-annually. The journal entry to record the receipt of interest on the next interest payment date would be: a. Debit: Cash $4,000; Credit: Interest Receivable $1,500 and Interest Revenue $2,500 b. Debit: Cash $4,000; Credit: Interest Receivable $4,000 c. Debit: Cash $4,000; Credit: Interest Revenue $4,000 d. Debit: Cash $2,500; Credit: Interest Revenue $2,500 2) Temporary investments a. are reported as current assets b. include cash equivalents c. do not include equity securities d. all of the above 3) Investment is certificates of deposit and other securities that do not change in value are reported in the balance sheet as: a. available-for-sale securities b. cash and cash equivalents c. equity investments d. held to maturity securities 4) The master budget is an integrated set of budgets that tie together a company's operating, financing and investing activities into an integrated plan for the coming year. a. true b. false 6) Comprehensive income does not affect net income or retained earnings. a. true b. false
you are to prepare a 5-page report on a philosopherthinker of your choice and show clearly how hisher body of thought
linda and sara are partners who share profits 60 and 40.their capital balances were both 180000 before kim was admitted
chao corporation uses the accounts receivable aging method to account for uncollectible accounts expense. as of
Management's inventory policy is to have ending inventory equal to 1.4 times the cost of sales for the subsequent month, although it is estimated that the cost of inventory at March 31 will be $170,000.
Quillen Company is performing a post-audit of a project completed one year ago. The initial estimates were the project would cost $250,000, would have a useful life of 9 years, zero salvage value, and would result in net annual cash flows of $46,0..
1. in 2012 mordica co. issued 300 000 of its 500 000 authorized shares of 10 par value common stock at 35 per share. in
Johnsons Construction is considering an investment in equipment costing $660,000. The equipment will be depreciated on the straight-line basis over an 8 year period with an estimated residual value of $120,000.
Rolling Thunder decided to discontinue its entire wholesale division (a major line of business) and to keep its manufacturing division. On September 15, it sold the wholesale division to Dylane Corp. During 2014, there were 800,000 common shares o..
what condition will make labor efficiency variance to be unfavorable? who is responsible for labor efficiency variance
discuss why it is necessary for accountants to assume that an economic entity will remain a going concern. if an entity
1 labor data for making one gallon of finished product in tang company are as follows 1 price-hourly wage rate 16.55
on december 31 2014 pacific rail corporation leased a train car from southern transportation company for a ten year
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