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On April 30th,2004 Hackman Corporation issued 1 million face value 12% bonds dated January 1,2004, for $1040000 plus accrued interest. the bonds pay interest semiannually on June 30th and december 31 and are due on december 31, 2011. the company uses straight line amortization method. record the issuance of the bonds and the first two interest payments
streit inc. provides business security systems. in an effort to increase revenue the sales manager has begun
Management estimates that it costs $500 to analyze and close a commerical loan. This amount has been included in the $250,000 of inderict costs. How much of the $250,000 indirect costs should be allocated to the Consumer Department?
prepare the journal entry to record depreciation expense at the end of year 1 assuming the following. if no entry is
royal company manufactures 22000 units of part r-3 each year for use on its production line. at this level of activity
fun inc. has a fully automated production facility in which almost 97 percent of averhead costs are driven by machine
King Pin issues $1,000,000 0f 12%. 10 year bonds that are dated Jan. 1, 2009. The first interest payment is due June 30, 2009 (Hint: interest is paid semi-annually). Record the issuance of the bonds and the first interest payment for each situation.
what type of audit report indicates that the financial statements have been presented fairly?a. an unqualified
The machine will have a residual value at the end of the 8 years of $8,000. The company has a 14% cost of capital. Compute the net present value of the project.
Select two aspects of a performance appraisal from the following list. In at least 250 words, explain the following: what are the special challenges in each area and what would be the effects on employees and employers if the challenges were not a..
At what value should the land be recorded in AAA Repair Service's records?
lucinda owns 1100 shares of old corporation stock at a time when old corporation has 2000 shares of stock outstanding.
All adjustments affect one balance sheet account and on income statement account. For each of these situations, Preparation of a Work Sheet, Financial Statements, and Adjusting and Closing Entries.
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