The following are independent situations.
1. Pina Colada Corp. redeemed $120,300 face value, 1...
Business, 05.05.2020 05:26 antoninapride
The following are independent situations.
1. Pina Colada Corp. redeemed $120,300 face value, 12% bonds on June 30, 2020, at 108. The carrying value of the bonds at the redemption date was $110,300. The bonds pay annual interest, and the interest payment due on June 30, 2020, has been made and recorded.
2. Cullumber Company redeemed $147,000 face value, 11% bonds on June 30, 2020, at 94. The carrying value of the bonds at the redemption date was $148,000. The bonds pay annual interest, and the interest payment due on June 30, 2020, has been made and recorded.
Required:
For each independent situation above, prepare the appropriate journal entry for the redemption or conversion of the bonds.
Answers: 3
Business, 21.06.2019 18:30
Which of the following is located at the point where the supply and demand curves intersect? a. the equilibrium price. b. the minimum supply. c. the level of efficient production. d. the maximum demand. 2b2t
Answers: 1
Business, 22.06.2019 11:10
The green fiddle has declared a $5 per share dividend. suppose capital gains are not taxed, but dividends are taxed at 15 percent. new irs regulations require that taxes be withheld at the time the dividend is paid. green fiddle stock sells for $71.50 per share, and the stock is about to go ex-dividend. what will the ex-dividend price be?
Answers: 2
Business, 22.06.2019 15:10
Paying attention to the purpose of her speech, which questions can she eliminate? a. 1 and 2 b. 3 c. 2 and 4 d. 1-4
Answers: 2
Business, 22.06.2019 16:00
In a perfectly competitive market, the long-run market supply curve tends to be horizontal or nearly so. what is another way to state this fact? (a) market supply is much more elastic in the long run than the short run. (b) in the long run, average total cost is minimized. (c) in the long run, price equals marginal cost. (d) market supply is much less elastic in the long run than the short run.
Answers: 1
Mathematics, 18.09.2019 23:30
Computers and Technology, 18.09.2019 23:30
Mathematics, 18.09.2019 23:30
Mathematics, 18.09.2019 23:30
Physics, 18.09.2019 23:30
Mathematics, 18.09.2019 23:30