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Assume the same information as in IFRS14-5, except that the bonds were issued at 84.95 to yield 12%. Prepare the journal entries to record (a) the issuance of the bonds, (b) the payment of interest and related amortization on July 1, 2014, and (c) the accrual of interest and the related amortization on December 31, 2014. (Round to the nearest dollar)
on august 1 a student signed a lease for an apartment for a period of three years. under the lease agreement a security
A network engineer is troubleshooting a small LAN network with one border router, GW01 that connects to the Internet Service Provider's (ISP) network. GW01 uses its Serial 0/2/1 interface to connect to the ISP's router. Everyone on the LAN network..
define the generally accepted accounting principles that justify making adjusting entries and speculate on the primary
finney container company is suffering declining sales of its principal product non-biodegradable plastic cartons. the
clemente co. owned all of the voting common stock of snider co. on january 2 2011 clemente sold some equipment to
north pole cruise lines issued preferredstock many years ago. it carries a fixed dividend of 6 per share. with the
what is cash flow in accounting? bullwhen considering an investment opportunity one prominent investor believes the
using the following end of year account balances create a multi-step income statement and a balance sheet with the
The Sarbanes-Oxley Act is the major act created as a response to failures such as Enron and it regulates many aspects of a company and its controls. Depending on whether your selected example occurred before or after SOX, discuss whether the act c..
An employee received a paycheck from her employer in the amount of $776.35. The pay-check stub indicated that in calculating her $776.35 net pay, $139.75 had been withheld for federal income tax, $34.25 for state income tax, and $74. 65 for FICA. ..
nanas pie company prepared an amortization schedule to reflect a recent issue of bonds it sold. the schedule is
Describe how the asset and liability sections of Mr.Speakers' balance sheet would change if the FASB passed and implemented the exposure draft on lease accounting prior to 1/1/2016 - What is the interest rate implied in the lease and prepare ALL ne..
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