Find the total proceeds (in $) from the sale of 20 bonds with a coupon rate of 8.75 and a current price of 96.775. (Round your answer to the nearest cent.) The commission charge is $4.00 per bond. The date of the transaction is   145 days since the last interest payment

Q: 018 and was amortized over the remaining life of the trademark at the beginning of 2018 which was 8…

A: Introduction Intellectual property rights refers to the legal rights which protects the creators…

Q: Question: What is a pre-emptive right? Instructions for answering this question: The answer to this…

A: A right given to shareholders to retain the same percentage of ownership they currently have if new…

Q: 3. What are the different investments?  a. Create a diagram showing all possible investments. b.…

A: Investment Investment is considered to be the important part for the individual as well as the…

Q: 1. Straight line. 2.Double-Declining Method 3. Units of production using miles driven as a measure…

A: Miles driven per annum is not given in the question. So, depreciation per mile is calculated only .

Q: Jester Company had unit contribution margin on $3.60 and fixed costs of $29,664. Income was$2,520.…

A: Answer) Calculation of Margin of Safety in units Margin of Safety in units = Current sales in units…

Q: Aliza and Baloces are nartners sharing profit and

A: In partnerhsip new partner Shaima brings capital OMR 15,000 .…

Q: Changes in Current Operating Assets and Liabilities—Indirect Method Mohammed Corporation's…

A: The question is based on the concept of Cash flow Statement. Cash flow statement is the statement…

Q: During the month of September,Dalgona Supply store sold $58,000 of inentory,with $12,000 sold on…

A: The question is based on the concept of Financial Accounting.

Q: What are the overall categories of Auditing procedures, briefly explain them?

A: Auditing: Auditing refers to the careful analysis of accounting records of a company to ensure their…

Q: The following items were identified to comprise CHI company’s liabilities as of December 31, 2016…

A:

Q: shareholder

A: Answer: A director has a responsibility to properly disclose any commercial prospects to the board…

Q: The City of Kastle purchased a vehicle for the parks department. If the operations of the parks…

A: As the asset is finance by general revenue hence it is part of general fund. Governmental activities…

Q: when required reserves fall, banks cease granting new loans, which cause _________(assets/…

A: In Banking Sector, when new loans are given which results in flow of money, it is said that money is…

Q: MNO Corp. is authorized to issue 20,000 shares of P20 par value ordinary share capital. As of May…

A: The stock dividend leads to increase the number of shares issued and outstanding.

Q: 63.80 121.60

A: Basic accounting  Invoice Preparation

Q: Question Content Area Use the present value and future value tables to answer the following…

A: Answer:- A Present value is $1,643.79 or $1,644. Computation of present value:-  PV = FV / (1+r)^n…

Q: Question Content Area During the year, a company purchased raw materials of $77,323, and incurred…

A: The cost of goods manufactured (COGM) is the sum of the cost of direct labor used, the cost of…

Q: On January 2, Bering Company disposes of a machine costing $57,600 with accumulated depreciation of…

A: A journal entry is often recorded in the main ledger; however, it may also be entered in a…

Q: Menlo Company distributes a single product. The company's sales and expenses for last month follow:…

A: "Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…

Q: Larry Mattingly turned 20 years old today His grandfather had establshed a trust fund that will pay…

A: Present value or PV is the discounted worth of a future cash flow taking into consideration the time…

Q: When the functional currency is the Canadian dollars, all foreign currency transactions must be…

A: The question is related to Accounting Standards.

Q: Ebanks, Brown, and Thomas are partners. They carry on a business jointly as EBT surveyors and share

A: Answer:  Letter of Objection to the IRD  on behalf of  Ebanks.     To Inland Revenue Division…

Q: An accounting trasaction simultaneously decreases assets and equity.This transaction is explained by…

A: Lets understand the basics. All the accounting transaction are having dual impact. In other words…

Q: Menlo Company distributes a single product. The company's sales and expenses for last month follow:…

A: Answer 1) Calculation of Breakeven point in units Breakeven point in units = Fixed Expenses/…

Q: FSGC) is a calendar-year corporation.

A: FSGC holds 40% shares of MC Corporation.…

Q: Garden Zone,a plant nursery,records an accounting entry that increases inventory by $380.The entry…

A: Lets understand the basics. Every accounting transaction always having two impacts as per dual…

Q: Problem 9: Cutting Edge Co. is engaged in a small export business. The company maintains limited…

A: Dear student As per bartleby guidelines in case of multiple subparts we can answer only first three…

Q: Required information [The following information applies to the questions displayed below.] Hemming…

A: Date  Purchase Cost of goods sold Balance Inventory Quantity  Cost per Unit (In $)   Total Cost…

Q: During the year, the following shares were sold at $5,000. 3,000 shares with a cost of $1 each.…

A: Calculation of additional Capital paid in      Share sold worth           = $5000   Less: Cost of…

Q: Nilupak, Biko andMaja Blancaare partners with capital balances of P324,300, P207,000 and P158.700.…

A: Explanation: As the question says that Biko's share is debited by 27,000 on revaluation of assets.…

Q: Under the Acquisition Method, regardless of the purchase price, identifiable net assets of the…

A: In  case one company overtake the assets and liabilities of another company , then accounting for…

Q: Sales is $ 500000 Sales returns and allowance $ 25000 Cost of zoods sold 250000 Doternine the Not…

A: Formula: Net sales = Sales - Sales returns and allowances deduction of sales returns and allowances…

Q: Prepare the journal entry required for each transaction: Oct. 01, 2022: Mr. Alberto invested…

A: The question is related to Journal Entries for the month October 30th, 2022.

Q: An advantage of the weighted average inventory method is that it smooths out erratic changes in…

A: Inventory accounting is the branch of accounting concerned with the valuation and accounting for…

Q: After closing the books of the partnership of Mutya and Associates, Lakambini announced his…

A:

Q: 6  Lewis Services is evaluating six investment opportunities (projects). The following table…

A: Cash is one of the important current asset of the business. Incoming of cash is known as cash…

Q: The records of Montana Corporation on January 1, 2020 show the following accounts: Premium on bonds…

A:

Q: Support your answer using at least two concrete examples.

A: Today we live in a smart world. The banking sector is also becoming smart. Earlier people use to go…

Q: Question 1 Consider that ABC Company has two options: Sell the old equipment for $400,000 and…

A: Option A: Sell the old equipment and purchase the new equipment with $300,000($700,000-$400,000),…

Q: Sapling Ltd is an entity that operates a various nurseries and gardening centres around the country.…

A: Statement of Financial Position or Balance Sheet shows what company owns and how much company  owes…

Q: Suppose that Dealer A owes Dealer B a swap contract with a market value of $5, whereas Dealer B owes…

A: There are two dealers with the contract. Contract B owes the money after the contract and bankruptcy…

Q: The amount of any inventory writedown of inventory to met realizable value is A. Recognized as…

A: The balance sheet shows the financial position of the company that involves the assets, liabilities,…

Q: On February 14, AA and BB formed a partnership and contributed the following assets at historical…

A: Summary of case : AA has contributed in form of cash and furniture and fixtures and BB contributes…

Q: A corporation loses $150,000 from operations. It receives $200,000 in dividend s from a 20%- owned…

A: Dividend received from less than 20% or more owned coporation. Special deduction per TCJA, 65% DRD…

Q: Use the following question set for practice. For each transaction, tell whether the assets,…

A: Assets = Owner's Equity + Liabilities  These are the possible cases: 1. Increase in an Asset and a…

Q: announc nto of

A: Current equity value=30 million shares x$30 Current equity value=$900 million

Q: Denise's AGI is $145,000 before considering her single rental property. During the year, Denise had…

A: The adjustment of rental loss depends on the marital status of an individual, participation in…

Q: Exercise 7-14 Variable Costing Unit Product Cost and Income Statement; Break-Even Analysis (LO7-1,…

A: Contribution per unit = Selling price per unit - Variable cost per unit…

Q: Problem 10.1A (Static) Computing gross earnings, determining de transactions. LO 10-2, 10-3, 10-4,…

A: Payroll Transaction A payroll journal entry is a record of the salaries or compensation that…

Q: Nordstrom, Inc. operates department stores in numerous states. Selected hypothetical financial…

A: In the context of the given question, we compute the financial ratios. So, we explain those formulas…