Mazeltov corporation issued 100000 of 3-year 10 stated rate

Assignment Help Accounting Basics
Reference no: EM13610348

Mazeltov Corporation issued $100,000 of 3-year, 10% stated rate bonds on January 1, 2004 The bonds pay interest semi-annually and were sold at a market rate of 12%.

1.What was the issue price of the bonds?

2.Prepare an amortization schedule for the bonds.

3.Record then entry for interest for 6/30/05 using the modified accounting equation format.

Reference no: EM13610348

Questions Cloud

If it suddenly exposed to a convection environment at 50 c : a long aluminum bar has a diameter of 11 cm and is initially uniform in temperature at 300 c. if it suddenly exposed to
Determine the maximum power that can be transmitted through : determine the maximum power that can be transmitted thru a stepped shaft rotating at 60 hz. knowing the radius of the
Then calculate the present value the 200000 payment : eichelberger trucking won a settlement in a lawsuit and was offered four different payment alternatives by the
Is the magnitude of the acceleration of the mosquito larger : a mosquito collides head-on with a car traveling at 60 mph. is the force of the mosquito on the car larger than smaller
Mazeltov corporation issued 100000 of 3-year 10 stated rate : mazeltov corporation issued 100000 of 3-year 10 stated rate bonds on january 1 2004 the bonds pay interest
What is the rate at which radiation is emitted by surface : 2.51 a body whose surface area is 0.5 m2 emissivity is 0.8 and temperature is 150 is placed in a large evacuated
While crossing campus you get your directions mixed up you : while crossing campus you get your directions mixed up. you start traveling 283 m east you then travel 135 m traveling
Ramos trucking won a settlement in a lawsuit and was : ramos trucking won a settlement in a lawsuit and was offered four different payment alternatives by the defendants
After walking across a dry carpet theres a potential : after walking across a dry carpet theres a potential difference of 5500 v between your hand and the doorknob. as you

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd