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!
Question - Fran Corporation bought bonds with have a face amount of $5,000,000 on January 1, 2020. The company paid $4,600,000 plus transaction cost of $142,000 for the bond investment. The business model of the entity in managing the financial asset is to collect contractual cash flows that are solely payment of principal and interest and also to sell the bonds in the open market. The company has not elected the fair value option of measuring financial asset. The bonds will mature on December 31, 2022 and pay 6% interest annually on December 31 each year with 8% effective yield. The bonds are quoted at 105 on December 31, 2020 and 110 on December 31, 2021. The bonds are redeemed at face amount on December 31, 2022. What the journal entries related to the investment in bonds using the original data (Bonds held as FA @ FVOCI).
Pure Cane Sugar Company manufactures three products. Each product requires 0.25 machine hour per unit. Determine the activity rate for each activity
Discuss the major points of Watts and Zimmerman's Positive Accounting Theory
The total assets of Marigold Company are $184,000 and its stockholders' equity is $89,000. What is the amount of its total liabilities
Prepare the bank reconciliation for this company as of April 30. 2. Prepare the journal entries necessary to bring the company's book balance of cash into conformity with the reconciled cash balance as of April 30.
The company follows the practice of transferring 25% of profits to general reserve
The partners' relative interests in the Sec. 751 assets do not change as a result of the current distribution. The basis of her partnership interest following the distribution is:
Calculate annual depreciation for the five-year life of the van using each of the following methods. Round all computations to the nearest dollar.
Question - Cash receipt procedures and system at Emporia Corporation. Create a system flowchart of the cash receipts procedures described above
What will be the resulting operating income if Portland is eliminated and half of its fixed costs are avoidable
thompson company uses a standard cost system for its single product. the following data are availableactual experience
What are the appropriate accounting entries to record the issue of the convertible notes and first payment of interest in accordance with relevant accounting
Phuthi invests R25 000 into an account on 7th February. It will have accumulated to R25 570,08 on 10 November of the same year. The simple interest rate.
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