User Account

All Pages

What amount of unamortized premium on bond webb report

Assignment Help Financial Accounting
Reference no: EM131876305

Webb Co. has outstanding a 7%, ten-year $100,000 face-value bond. The bond was originally sold to yield 6% annual interest. Webb uses the effective interest rate method to amortize bond premium, and does not elect the fair value option for reporting financial liabilities. On June 30, 2010, the carrying amount of the outstanding bond was $105,000. What amount of unamortized premium on bond should Webb report in its June 30, 2011 balance sheet?

Reference no: EM131876305

Questions Cloud

Write a script that checks each minute and reports : Write a script that checks each minute and reports on who logs in and who logs out. Write a script that displays special formatted listing showing the filename.
What amount should york report as investment in bonds : York uses the effective interest method of amortization. In its December 31, 2010 balance sheet, what amount should York report as investment in bonds?
Compute the break-even point in dollars : Increase unit selling price 23% with no change in costs and expenses. Compute the break-even point in dollars for 2014
Write a script that accepts a ten-digit number as argument : Write a script that accepts a 10-digit number as argument and writes it to the standard output in the form nnn-nnn-nnnn.
What amount of unamortized premium on bond webb report : the carrying amount of the outstanding bond was $105,000. What amount of unamortized premium on bond should Webb report in its June 30, 2011 balance sheet
How you would apply goldratt theory of constraints : Overcome inertia Take up any process, preferably from your organization that you would like to improve in terms of productivity or quality, or both.
Create a script that accepts a filename as argument : Write a script that accepts a filename as argument and then searches /bin and /usr/bin to determine its link count. If the file exists and has multiple links.
How many shares of becks common stock were outstanding : Beck purchased 75,000 shares of its common stock and held it in Treasury. At December 31, 2011, how many shares of Beck's common stock were outstanding?
Write a script that compares two directories : Write a script that compares two directories bar1 and bar2 and copies or overwrites to bar1 from bar2 every file that is not present in bar1.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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