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!
Problem 1: Game Corp. issued $5000 in principal of 4% 5-year junior notes with annual payments. Investors paid par to purchase the bonds and $300 in issuance costs were paid directly from the proceeds of the bond sale, which implied a 5.4% discount rate on the debt. What is the journal entry required to record the first interest payment?
Option 1: Cr. Cash -- $200
Option 2: Cr. Debt payable -- $923
Option 3: Dr. Interest expense -- $254
Option 4: Cr. Discount on debt payable -- $54
Option 5: Cr. Cash -- $260
Option 6: Dr. Bond issuance expense -- $60
Silver was P14 per share, there were 180,000 shares of Lone outstanding. What NET reduction in retained earnings would result from this property dividend?
If Apex, Inc. has an ROE = 10 percent, equity multiplier = 3, and profit margin of 5 percent, what is the total asset turnover ratio?
You are to explore the annual report disclosures for one of the NZX 50companies for 2012. You are required to choose the company. The annual reports areavailable online.
Prepare the consolidated balance sheet of Redcliff Ltd and its subsidiary as at 31 December 20X4. Redcliff Ltd acquired the entire share capital of ABC Ltd
1.Assume Estate Construction is constructing a building for CyberB, an online retailing company.
Capa Solo Inc. had decided to always first carryback losses, Prepare the journal entry required to be made on December 31, 2017 to record this situation.
Alomar Co., a consolidated enterprise, conducted an impairment review for each of its reporting units. In its qualitative assessment, one particular reporting unit, Sellers, emerged as a candidate for possible goodwill impairment. Determine the amoun..
Why are the Generally Accepted Accounting Principles (USA) and the International Standards (Europe) so important in today's business world?
The stock has a required rate of return of 12 percent. Assuming that the stock is fairly valued, what is the price of the stock today?
A company has EBITDA of 600 million, interest payment s of 60 million, lease payments of 40 million, What is its EBITDA coverage ratio
Record entry of new engine and depreciation adjustment. The truck had been purchased in 2005 at a cost of $125,000, with a 20-year life
Using the percentage of receivables method for recording bad debts expense, estimated uncollectible accounts are $25,000. If the balance of the Allowance for Doubtful Accounts is $8,000 debit before adjustment, what is the amount of bad debts expe..
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