Business
Business, 12.04.2021 21:40, tati7149

Kurtyka Corporation had the following transactions relating to debt investments: Jan. 1, 2017 Purchased 50, $1,850, 15% Spiller Company bonds for $92,500. Interest is payable annually on January 1.
Dec. 31, 2017 Accrued interest on Spiller Company bonds.
Jan. 1, 2018 Received interest from Spiller Company bonds.
Jan. 1, 2018 Sold 30 Spiller Company bonds for $53,650.

Required:
Prepare the adjusting entry for the accrual of interest on December 31, 2018.

answer
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 01:00, Reddolls
You are the manager in charge of global operations at bankglobal – a large commercial bank that operates in a number of countries around the world. you must decide whether or not to launch a new advertising campaign in the u. s. market. your accounting department has provided the accompanying statement, which summarizes the financial impact of the advertising campaign on u. s. operations. in addition, you recently received a call from a colleague in charge of foreign operations, and she indicated that her unit would lose $8 million if the u. s. advertising campaign were launched. your goal is to maximize bankglobal’s value. should you launch the new campaign? explain. pre-advertising campaign post-advertising campaign total revenues $18,610,900 $31,980,200 variable cost tv airtime 5,750,350 8,610,400 ad development labor 1,960,580 3,102,450 total variable costs 7,710,930 11,712,850 direct fixed cost depreciation – computer equipment 1,500,000 1,500,000 total direct fixed cost 1,500,000 1,500,000 indirect fixed cost managerial salaries 8,458,100 8,458,100 office supplies 2,003,500 2,003,500 total indirect fixed cost $10,461,600 $10,461,600
Answers: 2
image
Business, 22.06.2019 01:20, Adolfosbaby
As a project manager for a large construction company, shaun decided to make the performance appraisal process as painless as possible for his crew. he spent a considerable amount of time creating performance standards he felt were reasonable, and after six months' time, he scheduled individual appointments with each worker to discuss strengths and weaknesses and areas that needed improvement according to the standards he privately set. some employees were sent to vestibule training, and one even got a promotion with additional compensation. what did he fail to do correctly
Answers: 2
image
Business, 22.06.2019 15:30, emilylizbeth12334
For a firm that uses the weighted average method of process costing, which of the following must be true? (a) physical units can be greater than or less than equivalent units. (b) physical units must be equal to equivalent units. (c) equivalent units must be greater than or equal to physical units. (d) physical units must be greater than or equal to equivalent units.
Answers: 1
image
Business, 22.06.2019 19:50, crzyemo865
Aproduction line has three machines a, b, and c, with reliabilities of .96, .86, and .85, respectively. the machines are arranged so that if one breaks down, the others must shut down. engineers are weighing two alternative designs for increasing the line’s reliability. plan 1 involves adding an identical backup line, and plan 2 involves providing a backup for each machine. in either case, three machines (a, b, and c) would be used with reliabilities equal to the original three. a. compute overall system reliability under plan 1. (round your intermediate calculations and final answer to 4 decimal places.) reliability b. compute overall system reliability under plan 2. (round your intermediate calculations and final answer to 4 decimal places.) reliability c. which plan will provide the higher reliability? plan2plan1
Answers: 3
Do you know the correct answer?
Kurtyka Corporation had the following transactions relating to debt investments: Jan. 1, 2017 Purch...

Questions in other subjects:

Konu
Mathematics, 04.06.2021 16:20
Konu
Mathematics, 04.06.2021 16:20