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On April 1st, the TJD Company issued $72,000, 10%, 10-year bonds dated 1/1 at 98 plus accrued interest. Interest paid semi annually on 7/1 and 1/1. Record the issuance of the bonds, amortization using the straight-line method and any interest payment transactions including the entry at 12/31
Delivery Vehicle-Henry purchase a new delivery vehicle on April 1,2011 for 80,000. The vehicle is to be depreciated over 7 years using double-declining-balance with a salvage value of 10,000.
choose 4 different financial ratios from your text course materials andor web resources.bullanswer the following
Also, owner withdrawals during 2009 totaled $48,000. Assuming no other changes to owner's capital, the balance in the owner's capital account at the end of 2009 would be:
In determining the adequacy of the allowance for uncollectible accounts, the least valuable evidence would be obtained from
Hale Company makes sets of wrenches. They are trying to decide whether to continue to make the case the wrenches are sold in, or to outsource it to another company. The direct material and direct labor cost to produce the cases total $2.00 per cas..
at the beginning of 2013 a company adopts the dollar-value lifo inventory method for its one inventory pool. the pools
Provide the journal entry to record the issuance of the bonds. Show computations. Provide the journal entry that Sloan should make on December 31, 2004, assuming straight line amortization. Show how the bond liability and the related accounts will ap..
Prepared a journal entry (if any) for Blaha Comapany to recorded the impairement of its goodwill at the end of 2004
You are an accounting tutor. One of your students is confused about impairment because the student has learned earlier that all assets are recorded at their historical cost. The student has the following list of questions for you:
Who is the intended audience eg researchers or practitioners-Is the writing style appropriate for this audience - Analyze the various parts of each article thoughtfully and carefully so that you can establish its strengths and weaknesses.
You just turned 25. you plan on saving a equal amount in your 401K at the of each year for 40 years (your 65th birthday). You expect to earn 9% pa during this time frame.
a sculpture that tulip amp company held for investment was destroyed in a flood. the sculpture was insured and tulip
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