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Question - On January 1, DoT Inc. issued 10-year, 9% bonds with a par value of $500,000 when the market rate was 9.5%. The company received $484,087 in cash proceeds. Prepare the issuer's journal entry to record the issuance of the bond.
A) calucate the basic earrings per share of common stock for the year ended Jan 31,2011
Imagine you have been selected by your manager to present a training session to a group of new employees. The new hires do not have accounting backgrounds and have little or no work history in a responsibility center. The purpose of this training ..
After he had paid for the computer, he discovered a rebate coupon inside the packaging. He filled out the required form and sent it to the manufacturer. The next week he received a $100 check from the manufacturer. How much should Ted include in g..
Prepare the necessary monthly journal entries to record the preceding information for the period from May 1 to September 30, 2016
The car was covered by a $2,000 deductible insurance policy. Norm did not file a claim against the insurance policy because of a fear that reporting the accident would result in a substantial increase in his insurance rates. His adjusted gross inc..
Record the following transactions on the books of Keyser Co. On July 8, Maxfield Inc. returned merchandise worth $4,238 to Keyser Co
What is the dollar effect of the year-end bad debt adjustment on the before-tax income?
If Carly Manufacturing Company's cost of goods manufactured for 2008 amounted to $1,390,000, its cost of goods sold for the year is
Ford Motor Credit agrees to lease a Ford Mustang to Bullitt Detective Agency, Inc. on Jan. 1, 2015. The following information relates to the lease agreement.
olga is the proprietor of a small business. in 2008 thebusiness income before considering any cost recovery or sec.
you are at a company picnic and the company president starts a conversation with you. the president says since we use
Performed service for a customer and received cash of $5,000. Prepare journal entries for each transaction. Key journal entries by the transaction letter
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