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On January 1, 2012, Splash City issues $400,000 of 8% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year.Assuming the market interest rate on the issue date is 7%, the bonds will issue at $436,784.
Requirement 1: What would the first three rows of an amortization table look like?
Requirement 2:How would the bond issue be recoreded as a journal entry and what would the first two semi-annual interest payments be?
a data of an small scale business are given as sales 500000 ratio profit volume 50 cost fixed 100000. calculate
Suzy has been the sole shareholder of a calendar year S-Corporation since 1979. The S-Corporation has the following balances.
in the month of june jose heberts beauty salon gave 4000 haircuts shampoos and permanents at an average price of 30.
Actual revenues are equal to estimated revenues, and actual expenditures are $7,000 less than appropriations.
the gilster company a machine tooling firm has several plants. one plant located in st. falls minnesota uses a job
Emerson produces all of its toasters in a single plant. Normal activity is 45,000 units per year. Standard overhead rates are computed based on normal activity measured in standard direct labor hour. During the year, Emerson experienced the follow..
carmelita company sells 40000 units at 18 per unit. fixed costs are 62000 and income from operations is 258000.
margan corporation had the following transactions and events. 1. declared a cash dividend. 2. issued par value common
Classsify the following costs as variable (V), fixed (F), or semivariable (S) in terms of their behavior with respect to volume or level of activity.
Porthos, with permission of the other partners, decides to sell half of his partnership interestto D'Artagnan for $50,000 in cash. No asset revaluation or goodwill is to be recordedby the partnership.
Accounting Homework: Explain in general terms the accounting treatment to changes in terms of existing loans. What should be the accounting treatment of the modification to Blueberry's note?
company has three departments. data for the most recent year is presented belowdept. c dept. a dept. tsales 4000 1920
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