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Question 1: Interest has accrued at 7% on the long-term notes payable since July 1, 2018. The next six month interest payment at 6.9% on the bond is due on March 1, 2019. The original discount on bonds payable is $15,800. No portion of the discount has been amortized for any part of 2018; the bonds are 10-yr maturity (Use Straight-line). Notes Payable (LT) 1/1 Bal $43,000 7/1 Increased Mortgage CR $70,000 7/1 Bal $ $113,000 Discount on Bonds Payable 1/1 Bal $6400 and amortization of discount using-line. What is the adjusting journal entry for this problem?
Darr Equipment Inc. is a company based in Irving, TX, that manufactures and supplies earthmoving and construction equipment. Darr Equipment either sells the equipment to customers or leases it under terms specific to a customer’s needs. Provide the j..
What's the company's after-tax WACC? What's the company's cost of equity, rE?AFM Radio Inc.'s equity has a book value of $25 million
Who need financial and management accounting information and for what purpose? What are the underlying assumptions that govern accounting?
You are responsible for producing monthly financial reports for organisation. Explain the significance of this error and how you would resolve the discrepancy.
The common shares have a market price of $6 per share on the grant date. Ignoring taxes, what is effect on earnings in the year after the shares are granted to exec's?
Create the cash flow table showing these costs and profits and the net cash flow. If the interest rate is 3.9%, what will be the NPV of the project?
On 30 April 2020, Calculate the distribution of cash to each class of shareholders assuming all rank equally on return of capital.
The new patent will protect the value of the old one only for a 4 year period. Illustrate what are the adjusting journal entries
utilization of constrained resources. calculation of amount of contribution.banner company produce nbspthree products
How would each of the events affect the company's financial statements of the current year? What is the net A/R at the end of the current year?
A company's preliminary trial balance reflects an accounts receivable balance of $80,000. What the adjusting journal entry to update the Allowance
After which it is expected to grow at a 5 percent rate forever. What value would you place on the stock if an 18 percent rate of return was required?
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