subject
Business, 07.12.2019 00:31 mashejaj

Hillside issues $2,600,000 of 5%, 15-year bonds dated january 1, 2015, that pay interest semiannually on june 30 and december 31. the bonds are issued at a price of $3,182,390. required: .1. for each semiannual period, complete the table below to calculate the cash payment.2. for each semiannual period, complete the table below to calculate the straight-line premium amortization. (round "unamortized premium" to whole dollar and use the rounded value for part 4 & 5.)3. for each semiannual period, complete the table below to calculate the bond interest expense.4. complete the below table to calculate the total bond interest expense to be recognized over the bonds' life5. prepare the first two years of an amortization table using the straight-line method6. prepare the journal entries to record the first two interest payments.7. prepare the january 1, 2015, journal entry to record the bonds’ issuance.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 03:00
Journalize the following transactions that occurred in september 2015 for aquamarines. no explanations are needed. identify each accounts payable and accounts receivable with the vendor or customer name. sep. 3 purchased merchandise inventory on account from shallin wholesalers, $5,000. terms 1/15, n/eom, fob shipping point. 4 paid freight bill of $80 on september 3 purchase. 4 purchased merchandise inventory for cash of $1,700. 6 returned $500 of inventory from september 3 purchase. 8 sold merchandise inventory to hermosa company, $6,000, on account. terms 2/15, n/35. cost of goods, $2,640. 9 purchased merchandise inventory on account from thomas wholesalers, $8,000. terms 2/10, n/30, fob destination. 10 made payment to shallin wholesalers for goods purchased on september 3, less return and discount. 12 received payment from hermosa company, less discount. 13 after negotiations, received a $200 allowance from thomas wholesalers. 15 sold merchandise inventory to jordan company, $2,500, on account. terms 1/10, n/eom. cost of goods, $1,050. 22 made payment, less allowance, to thomas wholesalers for goods purchased on september 9. 23 jordan company returned $400 of the merchandise sold on september 15. cost of goods, $160. 25 sold merchandise inventory to smithsons for $1,100 on account that cost $400. terms of 2/10, n/30 were offered, fob shipping point. as a courtesy to smithsons, $75 of freight was added to the invoice for which cash was paid by aquamarines. 26 after negotiations, granted a $100 allowance to smithsons for merchandise purchased on september 25. 29 received payment from smithsons, less allowance and discount. 30 received payment from jordan company, less return.
Answers: 2
question
Business, 22.06.2019 08:50
Dyed-denim corporation is seeking to lower the costs of value creation and achieve a low-cost position. as a result, it plans to move its manufacturing plant from the u.s. to thailand, which based on company research, is the optimal location for production. this strategic move will most likely allow the company to realize
Answers: 3
question
Business, 22.06.2019 12:20
Alarge university wanted to study the relationship between completing an internship during college and students' future earning potential. prom the same graduating class, they selected a random sample of 80 students who completed an internship and 100 students who did not complete an internship and examined their salaries five years after graduation. they found that there was a statistically higher mean salary for the internship group than for the noninternship group. which of the following interpretations is the most appropriate? a. there could be a confounding variable, such as student major, that explains the difference in mean salary between the internship and no internship groups.b. we cannot infer anything from these data since the distribution of salaries is likely right skewed.c. you cannot draw any valid conclusions because the sample sizes are different.d. more students should complete internships because having an internship produces a higher salary.
Answers: 1
question
Business, 22.06.2019 14:30
Stella company sells only two products, product a and product b. product a product b total selling price $50 $30 variable cost per unit $20 $10 total fixed costs $2,110,000 stella sells two units of product a for each unit it sells of product b. stella faces a tax rate of 40%. stella desires a net afterminustax income of $54,000. the breakeven point in units would be
Answers: 3
You know the right answer?
Hillside issues $2,600,000 of 5%, 15-year bonds dated january 1, 2015, that pay interest semiannuall...
Questions
question
Medicine, 08.12.2021 19:30
question
Mathematics, 08.12.2021 19:30
question
Mathematics, 08.12.2021 19:30
question
English, 08.12.2021 19:30
question
Mathematics, 08.12.2021 19:30
Questions on the website: 13722359