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Archer Inc. issued $4,244,000 par value, 7% convertible bonds at 99 for cash. If the bonds had not included the conversion feature, they would have sold for 95. Prepare the journal entry to record the issuance of the bonds.
The Pension Trust Fund maintained by the City of Linden had the following transactions during 2012. Record each transaction in the Pension Trust Fund. Ignore any other funds that may be involved in a transaction.
What's the relationship between the acquisition and payment cycle and the inventory and warehousing cycle in the audit of a manufacturing company?
explain the time value of money. is it important for accountants to have an understanding of compound interest
Emerson electric common stock selling for $36.75 recently paid a $1.32 dividend and the firms earning per share has increased from $1.49 to $3.06 in the past five years. The expected rate of return is 15%. Calcualte the value for this investment b..
1. what advantages can an entrepreneur who buys a business gain over one who starts a business from scratch?2. how
prior to gaap for equity method investments firms often used the cost method to account for their unconsolidated
howe chemicals company acquires a delivery truck at a cost of 31000 on january 1 2014. the truck is expected to have a
On that date, the market value of the common stock was $15 per share and the market value of each warrant was $2. Austere should record what amount of the proceeds from the bond issue as an increase in liabilities?
kendall company has sales of 1600 units at 50 a unit. variable expenses are 25 of the selling price. if total fixed
a company purchased 2000 of merchandise on nov. 2 with terms 210 n30. on nov. 8 it returned 500 worth of merchandise.
discuss how non-compliance with the goodwill impairment regime guthrie and pang 2013 p. 219 prescribed by aasb 136
The average remaining service period of Shin's employees is 7.5 years. Compute Shin's minimum amortization of pension loss.
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