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 - Aswath Corp. holds debt securities within a business model whose objective is achieved both by collecting contractual cash flows and selling the debt securities. The contractual cash flows are solely payments of principal and interest on specified dates.
The following amortization schedule relates to its 5-year, P1 million 7% bonds purchased on December 31, 2018, for P1,086,565. The bonds were purchased to yield 5% interest.
Date
Interest Received
Interest Income
Premium Amortization
Amortized Cost
12.31.18
1,086,565
12.31.19
70,000
54,328
15,672
1,070,893
12.31.20
53,545
16,455
1,054,438
12.31.21
52,722
17,278
1,037,160
12.31.22
51,858
18,142
1,019,018
12.31.23
*50,982
19,018
1,000,000
*Adjusted due to rounding
The fair values of the bonds at each year-end were as follows:
Fair Value
P1,065,000
1,075,000
1,056,500
1,030,000
Required - What amount of unrealized loss should be reported in other comprehensive income in the 2020 statement of comprehensive income?
Using Microsoft Excel (or a similar software program), create a spreadsheet template that computes the minimum shares that must be redeemed
Each wheel uses 2 parts, and each seat uses 3 parts. How much of the assembly overhead should be allocated to wheels
What number of shares should Devon use in determining basic earnings per share for the current year
Federation University - BUACC5930 Accounting Concepts and Practices Assignment. Compare the financial results of the Transurban
Buffalo Importers provides the following pension plan information. From the data above, compute the actual return on the plan assets for 2017.
How do we prove the accuracy of account balances in the general ledger and subsidiary ledgers after posting?
What are the committees responsibilities related to financial risk, How many times does the committee meet on an annual basis
oe notsosmart invested 10000 at 8 simple interest for 5 years. how much more would he have received if he had received
Deutsche Bank Found Inappropriate Communication between Staffer, Central Bank Salesperson Was Placed on Leave in March A top Deutsche Bank saleswoman.
The Carrefour Group reports the following description of its trading securities (titled "financial assets reported at fair value in the income statement").
Zoran Industries issued a 10-year, $500,000 Bond that pays interest at the rate of 8%, What is the price of the bond issue if the market rate of interest is 10%
What will be the decline in the net interest income at year-end if interest rates rise by 1 percent
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