What is the carrying value of the bonds as of December

Assignment Help Accounting Basics
Reference no: EM132884285

Question - On January 1, 2020, Junibond issued 5-year 10%, P10,000,000 for P10,246,744. Interest and principal is payable in equal annual installments every January 1. The yield rate for similar bonds is 9%. What is the carrying value of the bonds as of December 31, 2021.

Reference no: EM132884285

Questions Cloud

Observing the structure and content of the article : Comparing the content of the article to the recommended content of sections for a research study. Observing the structure and content of the article
What is the increase in equity on the date of issuance : The effective interest rate of similar bonds without the conversion feature is 5%. What is the increase in equity on the date of issuance
Significant impact on digital forensics : Describe the plain view doctrine, and why it has such a significant impact on digital forensics?
How plan to minimize the impact of the weakness : Identify and describe at least three weaknesses of the agency, organization, or community. how you plan to minimize the impact of the weakness.
What is the carrying value of the bonds as of December : On January 1, 2020, Junibond issued 5-year 10%, P10,000,000 for P10,246,744. What is the carrying value of the bonds as of December
External or internal new data in the system : Data Collection form, for external or internal new data in the system. Data Deletion form, for data deletion request.
How much is the carrying value of the bond : Interest is payable annually every December 31. The effective rate for similar instruments is 8%. How much is the carrying value of the bond
How would minimize the impact of the conditions : Consider how you might plan to work with competitors to meet the needs of your targeted agency, organization, or community.
Description of enterprise risk management : Description of enterprise risk management. Why do you feel ERM is different from traditional risk management?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Proposed above of reducing selling price and undertaking

Using an excel sheet that shows the relevant formulas; calculate the break-even point (in units as well as in dollars)for the original budgeted income statement provided above.

  Calculate the predetermined overhead rate for horvath

Horvath uses normal costing and applies overhead on the basis of direct labor hours. Calculate the predetermined overhead rate for Horvath

  Blue service center just purchased an automobile hoist for

blue service center just purchased an automobile hoist for 35000. the hoist has an 8-year life and an estimated salvage

  What form of ownership is

What form of ownership is this? Thabang is a young up-and-coming entrepreneur from Thohoyandou. Thabang used all the money she saved while working

  What is Katrina adjusted basis for the bonds on January

On July 1, 2019, Katrina purchased tax-exempt bonds (face value of $75,000) for $82,000. What is Katrina adjusted basis for the bonds on January

  A client operates a small business organized as a sole

a client operates a small business organized as a sole propreintship and is considering change the business to operate

  What will be the firms best after-tax cost of debt on bond

Temple is issuing a RM1,000 par value bond that pays 8% annual interest and matures in 15 year. What will be the firm's best after-tax cost of debt on the bond?

  Compute unit cost for the materials category only

When materials are added either at the beginning or the end of the process, a unit cost should be calculated for the materials and conversion categories.

  Determine FBT using operating cost and statutory cost

The car was provided to the employee for the whole year. Determine FBT using operating cost and statutory cost method and advise which method is preferred

  Calculate the amount of depletion

Calculate the amount of depletion taken in 2019. (Note: In your calculations, round depletion per barrel to two decimal places.)

  How much capital did the ipo raise for dolby laboratories

Assuming the shares are issued at the midpoint of the price range indicated, how much capital did the IPO raise for Dolby Laboratories

  Standard costing for a domino''s pizza shop would entail

Specify what standard costing for a Domino's pizza shop would entail (you are welcome to use your favorite pizza emporium for this exercise). Where would you obtain the information for determining the cost standards? In what ways would the standar..

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