Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Venezuela Co. is building a new hockey arena at a cost of $2,500,000. It received a down payment of $500,000 from local businesses to support the project, and now needs to borrow $2,000,000 to complete the project. It therefore decides to issue $2,000,000 of 10.5%, 10-year bonds. These bonds were issued on January 1, 2013, and pay interest annually on each January 1. The bonds yield 10%. Venezuela paid $50,000 in bond issue costs related to the bond sale. Instructions (a) Prepare the journal entry to record the issuance of the bonds and the related bond issue costs incurred on January 1, 2013. (b) Prepare a bond amortization schedule up to and including January 1, 2017, using the effective interest method. (c) Assume that on July 1, 2016, Venezuela Co. redeems half of the bonds at a cost of $1,065,000 plus accrued interest. Prepare the journal entry to record this redemption.
augusta gardens inc. develops and produces spraying equipment for lawn maintenance and industrial uses. on august 30 of
Which of the following is not a right possessed by common stockholders of a corporation?
costello corporation manufactures a single product. the standard cost per unit of product is shown below.direct
logan corp. had total variable costs of 193260 total fixed costs of 170160 and total revenues of 322100. compute the
For Bobby Company, sales is $1,000,000 (5,000 units), fixed expenses are $300,000, and the contribution margin per unit is $80. What is the margin of safety in dollars?
tranter inc. is considering a project that would have a ten-year life and would require a 1200000 investment in
shepler boot company makes specialty boots for the rodeo circuit. on december 31 2010 the company had a 500 pairs of
indicate the effects that each of the 5 adjusting journal entries will have upon each of the following six sections of
alaskan fisheries inc. processes salmon for various distributors. two departments are involved-cleaning and packing.
1. one potential advantage of financing corportations through the use of bonds rather than common stock isa.the
what is the forecast for may based on a weighted moving average applied to the following past-demand data and using the
As a monopoly, compute Quick Tax's output, price, and profits at the profit-maximizing activity level.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd