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Refer to the information in RE15 1. Assume that on June 30, Aggie Corporation received interest on the Smith Corporation bonds, as well as a $1 dividend per share interest on the Bike Company stock. Prepare the June 30 journal entries to record the receipt of the interest and the receipt of the dividends.In RE 15 1, On April 30 of Year 1, the Aggie Corporation purchased available for sale securities. These securities consisted of (a) Smith Corporation 10%, five year bonds with a face value of $12,000, which were purchased at par plus four months of accrued interest and (b) 300 shares of Bike Company common stock, which were purchased at $20 per share.
Prepare the April 30 journal entry to record the purchase of these available for sale securities.
consider the following information on alexandria power co.debt 4000 7 semiannual coupon bonds outstanding 1000 par
a corporation provides you the following budgeted cost information for april 2014. budgeted variable costs per unit
The qualified higher education expenses they paid in 2010 totaled 2100. Their modified adjusted gross income for the year was 55000. How much of the 500 interes can bill and Linda exclude from gross income in 2010?
Calculate the book value of machinery for the year ended June 30, 2004. Calculate the depreciation expense of machinery for the year ended June 30, 2005.
a few years ago the acme manufacturing company installed automated robots worth millions of dollars in its furniture
In August, Gold Company sold 770 units of their only product. For the month, fixed costs were $10,400, variable costs were 57% of sales, and the average sales price was $62.
Condensed financial data of Odgers Inc. follow.
What steps are needed to solve problems using present value techniques to evaluate alternative investment opportunities?
sanker inc. has provided the following data for the month of august. there were no beginning inventories consequently
dylan is a self-employed calendar year taxpayer. he reports on the cash basis. dylan made the following estimated state
Explain why you agree or disagree with the following statement: "At issuance, all municipal insured bonds are insured by monoline insurers with a triple A rating."
anne inc. is considering the purchase of a machine that would cost 200000 and would last for 8 years. at the end of 8
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