User Account

All Pages

What the company will recognize in financial statements

Assignment Help Accounting Basics
Reference no: EM132785762

Problem 1: A company has a bond investment classified as "Held-to-maturity." The amortized cost of the investment on December 31, 2020 was $ 96,700. The market value of the bonds on that same date was $ 102,400. The company will recognize in its 2020 financial statements:

a. An unrealized gain of $ 5,700 on the Income and Expense Statement

b. An unrealized gain of $ 5,700 on the "Statement of comprehensive income"

c. A credit balance of Fair value adjustment in the Balance Sheet

d. None of the above

Reference no: EM132785762

Questions Cloud

What the amount to be included as gross income is : In addition to the compensation being received by Ms. L as employee, she leases out her 3-door. What the amount to be included as gross income in 2020 is?
Explain the reasons for the survey of the existing inventory : How will you explain the reasons for the survey of the existing inventory control system? P & S Furniture Mart, after operating its inventory control system
Which microbes are classified as eukaryotes : What are the common characteristics that all cells have that were discussed in lecture?
How much net income should be distributed to Chen and Monroe : Chen and Monroe had $90,000 and $140,000, respectively, in their January 1 capital balances. How much net income should be distributed to Chen and Monroe
What the company will recognize in financial statements : December 31, 2020 was $ 96,700. The market value of the bonds on that same date was $ 102,400. The company will recognize in its 2020 financial statements
Methods for preventing the transmission of pathogen : Davey was far enough away to prevent transmission of francisella tularensis. Identify appropiate methods for preventing the transmission of this pathogen.
Examining a stained specimen : 1. The protozoa, algae and S. cerevisiae are eucaryotes, E.coli is a procaryote. Based on your observations, what generalizations can you make about eukaryotic
Calculate the diluted eps : Calculate the diluted EPS assuming that the convertible preference shares were receiving a dividend of £6 per share instead of £2.50.
How much net income should be distributed to Prince : Prince and Bernard had $20,000 and $150,000 in their January 1 capital balances, respectively. How much net income should be distributed to Prince

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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