Reference no: EM132282184
Questions -
Q1. On January 1, 2016, Alpha Company secured a $100,000, 6% annual rate mortgage note. Monthly payments are $1,500, with the first payment being due on January 31 2016, what is the unpaid balance of the note on March 1, 2016?
Q2. On August 1, 2017, Alpha Company retired a $10,000 bond at 102. On July 31, 2017 Alpha had accrued the interest payment for $250. At the date of retirement, the unamortized discount on the bonds was $400. Use this information to determine the dollar value of Alpha Company's: (Round all dollar values to the nearest whole dollar.)
1. Gain or Loss on Retirement of Bond: enter any loss dollar & amount inside of brackets ( )
2. Cash paid to retire the bond issue
3. Amount of Interest Payable liquidated at retirement
4. Amount of Premium or Discount on Bond Payable liquidated at retirement
Q3. On January 2, 2016, Alpha Corporation issued 2,500 shares of $5 par value common stock. The issue price was $15 per share. On January 15, Alpha Corporation issued 1,000 shares of its $100 par 5% cumulative preferred stock for $105 per share. Use this information to prepare the General Journal entry (without explanation) for the January 2 and January 15 entries.
|
Prepare the General Journal entry for the January entries
: Use this information to prepare the General Journal entry (without explanation) for the January 2 and January 15 entries
|
|
What is the firm shutdown price
: A firm's short-run total cost is TC = 10,100 + 7,700Q - 100Q^2 + (Q^3)/3, and its marginal cost is MC = 7,700 - 200Q + Q2. What is the firm's shutdown price?
|
|
How does the artist use the element or principle
: Choose an artwork that uses time, motion, unity, variety, balance, scale, proportion, emphasis, focal point, pattern, and/or rhythm in a powerful way.
|
|
Examine webers stylized presentation of social action
: SOC 430-Examine Weber's stylized presentation of social action within a bureaucracy using Simmel's sensitizing concepts and analyses.
|
|
What is the unpaid balance of the note on March
: Monthly payments are $1,500, with the first payment being due on January 31 2016, what is the unpaid balance of the note on March 1, 2016
|
|
What materials and tools do artists use to create art today
: What materials and tools do artists use to create art today? Have the tools changed over time? Does the tool determine the quality of the image?
|
|
What are the limitations of the graphical representations
: Most firms use graphs to present profit and loss information to key stakeholders. What are the limitations of these graphical representations?
|
|
Briefly describe the concept of the inventory method LIFO
: Briefly describe the concept of the inventory method LIFO. Explain if a company can change its accounting method for inventory each accounting period
|
|
Determine the carrying value of this bond issue
: Use this information to determine the carrying value of this bond issue after adjusting entries have been made on June 30, 2019
|