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1) On January 1, 2015, Bailey Company issued its 8% bonds in the face amount of $3,000,000, which mature on January 1, 2025. The bonds were issued for $3,442,000 to yield 6%. Bailey uses the effective-interest method of amortizing bond premium. Interest is payable annually on December 31. Compute the balance of the adjusted unamortized bond premium at December 31, 2016.
2) On July 1, 2016, Pillar Company issued 8% bonds in the face amount of $5,000,000, which mature on July 1, 2022. The bonds were issued for $4,365,000 to yield 11%. Pillar uses the effective-interest method of amortizing bond discount. Interest is payable annually on June 30. Compute the balance of the unamortized bond discount at June 30, 2019.
(Warranties) Dos Passes Company sells televisions at an average price of R$900 and also offers to each customer a separate 3-year service-type warranty.
st. johns paul college of engineering received the following fees from its students tuition fees 10000 library fees 500
ABC Company incurs $15,200 in R&E costs in conjunction with developing a patent. How much can ABC Company deduct in the first year of the patent
one client had indicated that they were interested in purchasing 42500 worth of products so the bookkeeper recorded the
assume that each thermos requires 3 ounces of direct material which costs .50 per ounce. in addition management
The following selected accounts and their ending balances for the fiscal year ended June 30, 20X1 appear in the ledger for Iditorad Inc.
Bridges LLC is investing in a new machine that costs $200,000. What is the present value payback
Bill Graham and Larry Miller incorporated B&L Landscapes, Inc. on July 1, 2014. What is the product's contribution margin? What is the product's CM ratio
Discuss the legality of online gambling in the United States. Discuss the legality of running an online gambling Web site in the United States.
examine the following book-value bal. sheet for university products inc. the preferred stock currently sells for 12.00
On September 1, 2012, Tavani Co. issued a note payable to National Bank in the amount of $1,200,000, bearing interest at 12%, and payable in three equal annual principal payments of $400,000. On this date, the bank's prime rate was 11%. The first ..
Uses the completed contract method, what amount of gross profit would be recognized in 2013 and what is taxable income for 2012
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