a new hockey arena at a cost of $2,500,000. It received a downpayment of $500,000 from local businesses to support the project and now needs to borrow $2,000,000 to complete the project. It therefore decides to issue $2,000,000 of 11%, callable, 10-year bonds. These bonds were issued on January 2018 and pay interest on January 1 and July 1. The bonds yield 10%. Instructions: a. Prepare the journal entry to record the issuance of the bonds on January 1, 2018 b. Prepare a bond amortixation schedule up to and including January 1, 2022 c. Prepare the journal entries to record the interest payments on January 1, 2020 and January 1, 2021. d. Prepare the journal entry to record the bond called on January 2021 at 106
Answers: 1
Other questions on the subject: Business
Business, 22.06.2019 19:30, jeanlucceltrick09
Consider the following two projects. both have costs of $5,000 in year 1. project 1 provides benefits of $2,000 in each of the first four years only. the second provides benefits of $2,000 for each of years 6 to 10 only. compute the net benefits using a discount rate of 6 percent. repeat using a discount rate of 12 percent. what can you conclude from this exercise?
Answers: 3
Business, 22.06.2019 23:00, kobiemajak
Doogan corporation makes a product with the following standard costs: standard quantity or hours standard price or rate direct materials 2.0 grams $ 7.00 per gram direct labor 1.6 hours $ 12.00 per hour variable overhead 1.6 hours $ 6.00 per hour the company produced 5,000 units in january using 10,340 grams of direct material and 2,320 direct labor-hours. during the month, the company purchased 10,910 grams of the direct material at $7.30 per gram. the actual direct labor rate was $12.85 per hour and the actual variable overhead rate was $5.80 per hour. the company applies variable overhead on the basis of direct labor-hours. the direct materials purchases variance is computed when the materials are purchased. the materials quantity variance for january is:
Answers: 1
Business, 23.06.2019 13:10, whitlee
How does cobley connect the ideas of brands and force? what is his point about brands? 2. do consumers act in the ways that they say they do? why or why not? what is the lesson for marketing in this? 3. why do brands need to be careful about not making mistakes? 4. do companies have control over their brands in today's world? why or why not? 5. the video shows how physics can improve marketing. think of a specific insight or idea from a field other than business and discuss how this idea or insight could you as an entrepreneur. entrepreneurship as problem-solving < - your second lab link 1. how did elk become an entrepreneurship? 2. why is problem-solving important in entrepreneurship? 3. do you think you are a problem-solver? why or why not?
Answers: 1
Business, 23.06.2019 16:00, ryanbransky
Monroe just left his second job in the marketing, sales, and service career pathway. he was self-employed at his first job, and worked for a nonprofit for his second job. he recently took another job in logistics and distribution. which best explains monroe’s career history? monroe worked in marketing communications and promotions in his first job, professional sales and marketing in his second job, and now works for a private company. monroe worked in buying and merchandising in his first job, e-marketing in his second job, and now works for the government. monroe worked in professional sales and marketing in his first job, management and entrepreneurship in his second job, and is now self-employed. monroe worked in marketing research in his first job, professional sales and marketing in his second job, and now works for a private company.
Answers: 3
Do you know the correct answer?
a new hockey arena at a cost of $2,500,000. It received a downpayment of $500,000 from local busines...
Questions in other subjects:
Mathematics, 20.11.2021 03:30
History, 20.11.2021 03:30
Mathematics, 20.11.2021 03:30
Computers and Technology, 20.11.2021 03:30
