Business
Business, 04.07.2020 01:01, valenzueladomipay09u

Vargo Company has bonds payable outstanding in the amount of $500,000, and the Premium on Bonds Payable account has a balance of $7,500. Each $1,000 bond is convertible into 20 shares of preferred stock of par value of $50 per share. All bonds are converted into preferred stock. Assuming that the book value method was used, what entry would be made?

answer
Answers: 1

Other questions on the subject: Business

image
Business, 21.06.2019 14:30, makayyafreeman
Aconsumer values a house at $525,000 and a producer values the same house at $485,000. if the transaction is completed at $510,000, what level of tax rate will result in unconsummated transaction?
Answers: 2
image
Business, 22.06.2019 04:00, elijahcraft3
Wallis company manufactures only one product and uses a standard cost system. the company uses a predetermined plantwide overhead rate that relies on direct labor-hours as the allocation base. all of the company's manufacturing overhead costs are fixed—it does not incur any variable manufacturing overhead costs. the predetermined overhead rate is based on a cost formula that estimated $2,886,000 of fixed manufacturing overhead for an estimated allocation base of 288,600 direct labor-hours. wallis does not maintain any beginning or ending work in process inventory.
Answers: 2
image
Business, 22.06.2019 16:40, krystalsozaa
Determining effects of stock splits oracle corp has had the following stock splits since its inception. effective date split amount october 12, 2000 2 for 1 january 18, 2000 2 for 1 february 26, 1999 3 for 2 august 15, 1997 3 for 2 april 16, 1996 3 for 2 february 22, 1995 3 for 2 november 8, 1993 2 for 1 june 16,1989 2 for 1 december 21, 1987 2 for 1 march 9, 1987 2 for 1 a. if the par value of oracle shares was originally $2, what would oracle corp. report as par value per share on its 2015 balance sheet? compute the revised par value after each stock split. round answers to three decimal places.
Answers: 1
image
Business, 23.06.2019 03:20, chynahgibsonwinfrey
Name successful entrepreneurs from your area whose business is related to cookery
Answers: 1
Do you know the correct answer?
Vargo Company has bonds payable outstanding in the amount of $500,000, and the Premium on Bonds Paya...

Questions in other subjects:

Konu
Mathematics, 27.01.2021 21:30
Konu
Arts, 27.01.2021 21:30
Konu
History, 27.01.2021 21:30
Konu
English, 27.01.2021 21:30
Konu
Mathematics, 27.01.2021 21:30