User Account

All Pages

What was the bond carrying amount

Assignment Help Accounting Basics
Reference no: EM131781213

On January 1, 2015, Carter Sales issued $15,000 in bonds for $14,300. They were 8-year bonds with a stated rate of 9%, and pay semiannual interest. Carter Sales uses the straight-line method to amortize the bond discount. After the second interest payment on December 31, 2015, what was the bond carrying amount?

$14,344

$14,388

$14,300

$15,000

Reference no: EM131781213

Questions Cloud

What the articles you have selected say about the theme : What the articles you have selected say about the theme. Where do they agree? Where do they disagree?
Produce two units of new cruise missile guidance control : United Research Associates (URA) had received a contract to produce two units of a new cruise missile guidance control.
Microformat data : Given the following HTML, add the following microformat data:
Prepare journal entries for chapman company : Prepare journal entries for Chapman Company for Accounts receivable in the amount of $600,000 were assigned to Varano Finance Co. by Chapman as security.
What was the bond carrying amount : After the second interest payment on December what was the bond carrying amount
Wrong with this rss xml code : What (if anything) is wrong with this RSS XML code?
What is meant by the term break-even point : What is meant by the term break-even point? What are two ways in which the break-even point can be expressed
How much tax is paid on gain on sale of apartment building : If Harry is in the 33% marginal tax rate bracket without considering effect of the sale, how much tax is paid on the gain on the sale of the apartment building?
Discuss managements discussion and analysis : Managements Responsibility for Financial Reporting

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

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