User Account

All Pages

Semiannual interest payment and premium

Assignment Help Accounting Basics
Reference no: EM131015441

On January 1, 2014, Shields, Inc., issued $900,000 of 9%, 20-yeai bonds for $989,067, yielding a market (yield) rate of 8%. Semiannual interest is payable on June 30 and December 31 of each year.

  • Show computations to confirm the bond issue price.
  • Indicate (he financial statement effects using the template for (1) bond issuance, (2) semiannual interest payment and premium amortization on June 30.2014. and (3) semiannual interest payment and premium amortization on December 31.2014.

Reference no: EM131015441

Questions Cloud

Considering a project that is expected to cost : Suppose a firm is considering a project that is expected to cost $837,000 (= C). The project is expected to produce cash flows for three years. Cash flow in year 1 will be $381,000(= CF1), cash flow in year 2 will be $408,000(= CF2), cash flow in ..
What is the prevalence of colon cancer : What is the prevalence of colon cancer in the study population - calculate the odds ratio describing the relationship between phthalate levels and sperm abnormalities
Discuss both their intended and unintended consequences : Identify events that you believe to have greatly impacted the field of human services and discuss them in detail. Discuss both their intended and unintended consequences
Contrarian fund amongst dogs of the dow : Select any contrarian fund amongst the "Dogs of the Dow." How did it perform in 2008 and 2009? Discuss why it did perform well and if it did not outperform its peers see if you can determine why it did not. (If you want to choose another fund than ..
Semiannual interest payment and premium : Show computations to confirm the bond issue price. Indicate (he financial statement effects using the template for (1) bond issuance, (2) semiannual interest payment and premium amortization on June 30.2014. and (3) semiannual interest payment and..
What type of surfaces are these : A very large plastic sheet carries a uniform charge density of -6.00nC/m2 on one face. Find the spacing between equipotential surfaces that differ from each other by 1.00 V.
What must the rms voltage of the source be : A large electromagnetic cool is connected to a 120-Hz as source. The coil has resistance 410 ohms and at the reactance 180 ohms. What must the rms voltage of the source be if the cookie to consume an average electrical power of 800 W?
Create a prototype of a stand-alone website : Design and develop a website. The idea is to provide information to tourists visiting the exhibition. The goal is to allow visitors to obtain an overview of the exhibition layout and to find details of exhibits they would like to visit.
Research the four different types of reciprocating engines : Provide research concerning which air frame used each engine

Reviews

Write a Review

Accounting Basics Questions & Answers

  Making constructive suggestions for steps

Tse does not want to give Towry this budget without making constructive suggestions for steps Towry Ccould take to improve expected performance. Write a memo to Towry outlining your suggestions.

  Aragon company manufactures a product and sells it for 120

aragon company manufactures a product and sells it for 120 per unit. the total fixed costs of manufacturing and selling

  Manufacture a product income

A company can sell all the units it can produce of either Product A or Product B but not both. Product A has a unit contribution margin of $16 and takes two machine hours to make and Product B has a unit contribution margin of $30 and takes three ..

  John byers owns and operates byers building supplies the

john byers owns and operates byers building supplies. the following information was taken from his financial

  Occidental produce company has 40000 shares of common stock

occidental produce company has 40000 shares of common stock outstanding and 2000 shares of preferred stock outstanding.

  Tower of pizza makes a unique double stacked pizza the

tower of pizza makes a unique double stacked pizza. the companys annual fixed expenses are 54000. the sales price of

  How is the special period rule for the reporting of fringe

How is the special period rule for the reporting of fringe benefits applied?

  Compute the company basic eps

Compute the company's basic EPS for 2009. Compute the company's diluted EPS for 2009. Compute the company's book value per share at December 31, 2009. Compute the company's book value per share at December 31, 2009 assuming conversion of the preferr..

  Concept of common stockholders

Yoder, Inc. has 50,000 shares of $10 par value common stock and 25,000 shares of $10 par value, 6%, cumulative, participating preferred stock outstanding. Dividends on the preferred stock are one year in arrears. Assuming that Yoder wishes to dist..

  Application of equivalent units in processing

Discuss the advantage and disadvantage of the application of equivalent units in processing

  Conversion costs during specific month

The following costs were incurred in August: Direct materials $37,000 Direct labor 14,000 Manufacturing overhead 38,000 Selling expenses 10,000 Administrative expenses 28,000 Conversion costs during the month totaled:

  The gross earnings of the factory workers for vargas

the gross earnings of the factory workers for vargas company during the month of january are 66100. the employers

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