Business, 11.12.2019 22:31 trellizzz

For several years fister links products has held microsoft bonds, considered by the company to be securities available-for-sale. the bonds were acquired at a cost of $500,000. at the end of 2018, their fair value was $610,000 and their amortized cost was $510,000. at the end of 2019, their fair value was $600,000 and their amortized cost was $520,000.

at what amount will the investment be reported in the december 31, 2019, balance sheet? what adjusting entry is required to accomplish this objective (ignore interest)?

( explain how did you get the adjusting entry/ steps)

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 12:20

If jobs have been undercosted due to underallocation of manufacturing overhead, then cost of goods sold (cogs) is too low and which of the following corrections must be made? a. decrease cogs for double the amount of the underallocation b. increase cogs for double the amount of the underallocation c. decrease cogs for the amount of the underallocation d. increase cogs for the amount of the underallocation

Answers: 3

Answer

Business, 22.06.2019 15:00

Because gloria's immediate concern was the perceived gender discrimination, she would be more concerned about than intent, resultsresults, intentstatistics, trendsrace,gendergender,race

Answers: 2

Answer

Business, 22.06.2019 17:40

Turrubiates corporation makes a product that uses a material with the following standards standard quantity 8.0 liters per unit standard price $2.50 per liter standard cost $20.00 per unit the company budgeted for production of 3,800 units in april, but actual production was 3,900 units. the company used 32,000 liters of direct material to produce this output. the company purchased 20,100 liters of the direct material at $2.6 per liter. the direct materials purchases variance is computed when the materials are purchased. the materials quantity variance for april is:

Answers: 1

Answer

Business, 22.06.2019 20:40

The largest elements of community corrections are

Answers: 1

Answer

You know the right answer?

For several years fister links products has held microsoft bonds, considered by the company to be se...

Questions