Show the long-term liabilities balance sheet presentation

Assignment Help Accounting Basics
Reference no: EM132669932

Question - Pharoah Company sold $3,260,000, 9%, 10-year bonds on January 1, 2022. The bonds were dated January 1, 2022, and pay interest on January 1. The company uses straight-line amortization on bond premiums and discounts. Financial statements are prepared annually.

Show the long-term liabilities balance sheet presentation for issuance of the bonds sold at 102 at December 31, 2022.

Reference no: EM132669932

Questions Cloud

Describe the situation you will analyze in the case study : Describe an issue or a problem. As a guideline this will probably be somewhere between 1 and 3 pages in length (double spaced, 12pt font).
Describing growth cycle of population of bacterial cells : Draw a graph describing the growth cycle of a population of bacterial cells from the time this population is fist inoculated into fresh medium in a batch cultur
How identify could use to audit sun construction revenue : Magi Chen, For each of the assertions of occurrence, completeness and accuracy, identify a procedure(s) you could use to audit Sun Construction's revenue.
Discuss insights from the coronavirus worldwide pandemic : Find 2 positive (in your opinion) and 2 negatives (in your opinion) examples of organizations or leaders. Write a few words on each, no more than 1/2 a page.
Show the long-term liabilities balance sheet presentation : Show the long-term liabilities balance sheet presentation for issuance of the bonds sold at 102 at December 31, 2022
Generate multiple copies of amplicons : If examining a singular strand of parental DNA, one of these sequences will appear on the DNA "as is", and one will appear in its reverse ("anti-parallel")
Calculate the value of closing inventory using to fifo : Calculate the value of closing inventory using to FIFO. Boje Retailers uses a prepupal inventory system and provides you with the folio information
History behind zika virus infection of humans : What is the history behind Zika Virus infection of humans? When was the virus first reported? Do you think Zika Virus was present in nature before the first off
How the loss should be allocated to the partners : Prepare calculations showing how the $99,000 loss should be allocated to the partners. Syawla and Reven began a partnership by investing $120,000 and $230,000

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd