User Account

All Pages

What is the bond book value reported in the december

Assignment Help Accounting Basics
Reference no: EM132089000

Question - On January 1, 2016, Zebra Corp issued 1800 of its 12%, $1000 bonds at 97.9. Interest is payable semiannually on January 1 and July 1. The bonds mature on January 1, 2026. Zebra paid $55000 in bond issue costs. Zebra uses the straight-line amortization method. What is the bond book value reported in the December 31, 2016, balance sheet?

Please give a detailed explanation.

Reference no: EM132089000

Questions Cloud

Calculate dollar amount of direct materials to be purchased : ZZ, Inc. has budgeted sales for the next five months as follows: Budgeted Sales in Units January 12,000 units February 15,000 units March 11,000 units April 22.
Prepare journal entries to record the transactions of S Ltd : Prepare the journal entries to record the transactions of S Ltd up to and including that which took place on 28 March 2016. Show all relevant dates
What is the adjusted present value : Zoso is a rental car company that is trying to determine whether to add 25 cars to its fleet. The company fully depreciates all its rental cars over four years.
Determine the cost of goods available for sale : Ziad Company had a beginning inventory on January 1 of 300 units of Product 4-18-15 at a cost of $20 per unit. During the year, the following purchases.
What is the bond book value reported in the december : Zebra uses the straight-line amortization method. What is the bond book value reported in the December 31, 2016, balance sheet
What is the effective semi-annual interest rate : Zhang Company, an IFRS company, sold $6,000,000 of 6%, 3-year bonds on January 1, 2016. The bonds pay semi-annual interest each June 30 and December 31.
Calculate the price of insurance for the coverage : Zipco is a firm that faces a 5 percent chance of suffering a $20 million lawsuit and a 95% chance of incurring no lawsuit in the next year.
Calculate the ending balance of raw materials : Yurman Inc. uses a job-order costing system. During the month of May, the following transactions occurred: May 1 Purchased materials on account for $29,720.
How the given balances would be presented : Youngman Corporation has temporary differences at December 31, 2017, that result in the following deferred taxes.

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is tachibana corporation taxable income

Tachibana Corporation has income per books before tax of $286,000. What is Tachibana Corporation's taxable income

  A company is planning to introduce a new portable tv to its

a company is planning to introduce a new portable tv to its existing product line. management must decide whether to

  Prepare a journal entry to record the disposal of equipment

Prepare a journal entry to record the disposal of the equipment, a salvage value of 5,000 and a useful life of 10 years.

  What are the principle advantages of a subchapter

Would you answer in above question be different if the shareholder had also lent the subchapter S corporation cash in an amount in excess of the shareholders' allocable share of losses and deductions, and if so how?

  How should the fraud examiner handle the evidence obtained

Collecting Evidence in a Fraud Examination. A fraud examiner was called into a business because of a suspicion of fraud. An assistant manager in a bookstore.

  Prepare journal entries to record the above transactions

All of the call money was received by 1 March 2018. Required - Prepare journal entries to record the above transactions

  The tuttle company had bonds payable outstanding

On July 1, 2011, the Tuttle Company had bonds payable outstanding with a face value of $200,000 and a book value of $194,000.

  Responsibility report for the midwest division

Prepare a responsibility report for the Midwest Division for December 31, 2010 -  Midwest Division operates as a profit center

  The stockholders equity section of the balance sheet of

the stockholders equity section of the balance sheet of flint corp. with certain details omitted appears below

  Interest is paid on july 1 and january 1 and bonds mature

on april 1 2010 fin co. purchased 160000 of 6 bonds for166300 plus accrued interest as an available-for-sale security.

  How much will you need to budget

the new union contract calls for an increase of 4% in September and another 5% in January, how much will you need to budget for if the Fiscal year is July-June

  The nichols clinic purchased a new surgical laser for 96000

the nichols clinic purchased a new surgical laser for 96000. the estimated salvage value is 6000. the laser has a

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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