What amount should vaughn record

Assignment Help Accounting Basics
Reference no: EM132742515

Question: On March 1, 2021, Vaughn Manufacturing issued $2130000 of 8% nonconvertible bonds at 104, which are due on February 28, 2041. In addition, each $1000 bond was issued with 25 detachable stock warrants, each of which entitled the bondholder to purchase for $50 one share of Vaughn common stock, par value $25. The bonds without the warrants would normally sell at 95. On March 1, 2021, the fair value of Vaughn's common stock was $40 per share and the fair value of the warrants was $2. What amount should Vaughn record on March 1, 2021 as paid-in capital from stock warrants?

Reference no: EM132742515

Questions Cloud

Discuss statement related to corporate : State whether you agree or disagree with the following statement and provide support for your argument: "The corporate charter, bylaws and preferred stock.
Hypothesized steps for the evolution of eukaryotic cells : Describe the hypothesized steps for the evolution of eukaryotic cells via endosymbiosis. How is evidence used to support this theory? Explain your position.
What is the likely cause of dysphagia : -What is the likely cause of his dysphagia? -What advice should TS be given regarding his OTC medication at this time?
Adoption of competitive strategies : An analysis of performance of a listed local company of your choice or lossmaking State-Owned Enterprises to articulate your understanding on application
What amount should vaughn record : On March 1, 2021, Vaughn Manufacturing issued $2130000 of 8% nonconvertible bonds at 104, which are due on February 28, 2041. In addition, each $1000 bond was.
Structural differences between carbohydrates-lipids : Provide a description of the structural differences between carbohydrates, lipids, and proteins and give examples of each in the body.
What is the relationship between cell specialization : What is the relationship between cell specialization and the ability of the cell to survive independently?
Why studying biology is important : Why studying Biology is important, and why do you think it is a hard major. What are the courses I can take?
Explain separate at during meiotic anaphase : If the cnetromere of an X failed to separate at during meiotic anaphase, the progeny could be: Ribosomes are involved in genetic transcription?

Reviews

Write a Review

Accounting Basics Questions & Answers

  What would be depreciation expense at the end of first year

At the end of the first year, 60,000 tons had been extracted. What would be depreciation expense at the end of first year

  Find out the company cost of capital

Tall Trees, Inc is using the net present value (NPV) when evaluating projects. You have to find the NPV for the company's project, assuming the company's cost of capital is 11.23 percent.

  What amount would accrue in a semester

What amount would accrue in a semester, if $100,000.00 were deposited, at the end of each month in an investment account that yields 6% annually convertible

  Calculate the return on investment and residual income

Winona Industries has manufactured prefabricated houses for over 10 years. Calculate the Return on investment and Residual income

  The jefferson electronic integration products corporation

the jefferson electronic integration products corporation produces and markets two types of hardware systems model bbc

  Prepare the operating activities section of the cash flows

Loss on sale of equipment 26,000 710,000. Prepare the operating activities section of the statement of cash flows using the direct method

  What is its debt to capital ratio

Bartley Barstools has a market/book ratio equal to 3.7. Its stock price is $41 per share and it has 10 million shares outstanding. The firm's total capital is $615 million and it finances with only debt and common equity. What is its debt-to-capital ..

  What was the amount of cash received from customers

If sales for the current year were $685,000 and accounts receivable decreased by $43,500 during the year, what was the amount of cash received from customers

  What would the tax implications of the acquisition

What were the terms of GTE's offer for MCI?What would the tax implications of this acquisition be for MCI's shareholders? What type (tax type) of merger is

  Show what amount in the capital account

Based on this information, the statement of partners' equity for 2010 would show what amount in the capital account for Martin on December 31, 2010

  Is shipping a separate performance obligation

Entity T has not elected the (proposed) practical expedient for shipping. Is shipping a separate performance obligation

  Ariane electronics power supply devices in their plant

ariane electronics power supply devices in their plant located in malayasia. the pwoer supply supplies are used in

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