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Samson Corporation issued a 4-year, $75,000, zero-interest-bearing note to Brown Company on January 1, 2014, and received cash of $47,664. The implicit interest rate is 12%. Prepare Samson's journal entries for (a) the January 1 issuance and (b) the December 31 recognition of interest.
on january 1 2013 burleson corporations projected benefit obligation was 30 million. during 2013 pension benefits paid
for the year ended december 31 2010 mason company has implemented an employee bonus program equal to 7 of masons net
Which included $3,700 for taking out a section of a wall and rebuilding it because the press was too large for the doorway. The capitalized cost of the 10-ton draw press is:
Godert pharmaceutical company has several scientists working in the labs trying to prepare an anti-aging drug. The cost of this research and development
kalifo company manufactures a line of electric garden tools that are sold in general hardware stores. the companys
last year heidenescher corporations variable costing net operating income was 63600 and its inventory decreased by 600
transactions during 2007 and otherinformation relating to connecticuts long-term receivables were asfollows.the 1800000
You borrow $165,000 to buy a house. The mortgage rate is 7.5 percent and the loan period is 30 years. Payments are made monthly. If you pay the mortgage according to the loan agreement, how much total interest will you pay?
newton company issued 1028000 6 10-year bonds on december 31 2013 for 976600. interest is payable semiannually on june
The market value of Dylan Corporation's common stock had become excessively high.
Prepare the adjusting journal entry on December 31, 2016, to accrue interest expense.
The following information is available from the records of the company's periodic inventory system: beginning inventory, $150,000; purchases and net sales from the beginning of the year through the date of the flood, $450,000 and $700,000, respective..
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