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Amoruso co produces and distributes semiconductors for use by computer manufactures; amoruso co issued $7,500,000 of 15 year 10% bonds on April 1 of the current year at face value, with interest payable on April 1 and October 1. The fiscal year of the company is the calendar year, journalize the entries to record the following selected transactions for the current year?
apr 1 issued the bonds for cash at their face amount
oct 1 paid the interest on the bonds
dec 13 recorded accrued interest for three months
Calculation of direct material price variance and The company purchased 3,000 yards of material in March for $21,000. The company used 2,800 yards in March in order to make 7,700 dresses. The direct materials price variance is?
On June 10, Purcey Company purchased $6,000 of merchandise from Guyer Company, terms 3/10, n/30. Purcey pays the freight costs of $430 on June 11. Goods totaling $700 are returned to Guyer for credit on June 12. On June 19, Purcey Company pays Guyer ..
What was the total amount of manufacturing costs assigned th those units that were completed and transferred out of the process in Semptember?
question during 2011 becky loans her brother ken 5000 which he intends to use to create a small business. ken has no
The adjusted trial balance of Parsons Company at December 31, 2015, includes the following accounts: Common stock $15,600, Dividends $7,000, Service Revenue $37,000, Salaries and Wages Expense $16,000, Insurance Expense $2,000, Rent Expense $4,000, S..
multiple type questions.select thenbspbestnbspanswer.1.nbspwhat basis of accounting do enterprise and internal service
Calculate average, variance and standard deviation for annual return column - compute the price for following bond with YTM of 5%
A cash flow that arises solely from a project that is being evaluated and hence should be included in the project analysis is known as: a-Accounting Income b-Incremental Cash Flows c-Project Life d-Opportunity Cost e-Sunk Cost
Compute present value and the internal rate or return for the new product line - outlay for working capital will be recovered at the end of six year. Aunt Sally's tax rate is 34% and the firm requires 16% return.
this information determine the total stockholders equity reported in the companys balance sheet dated december 31,2007
Explain how the following are determined on the sale or exchange of a principal residence:
Whats is the Belita's adjusted basis in the land? If Belita sold the land for $90,000 after 2 years, what woudl be her realized and recognized gain or loss?
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