Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Basic Finance Expert

problem: On June 1 a company issued USD 200,000 of 12 percent bonds at their par value plus accrued interest. The interest on these bonds is payable semiannually on Jan one and July one. Make a issuer’s journal entry to record the issuance of June one.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M916367

Have any Question? 


Related Questions in Basic Finance

Maxines pumps or mp sells bilge pumps for 355 each each

Maxine's Pumps or MP sells bilge pumps for $355 each. Each pump costss $255 to produce, and MP's fixed operating costs equal $700,000. What is MP's operating income (NOI) when 10,000 pumps are sold?

Luke is saving for a trip around the world for his family

Luke is saving for a trip around the world for his family and as of today has accumulated $2315 in a trip fund. His goal is to accumulate 4 times this amount to support the trip. Assuming that all of Luke's trip fund is ...

1 the following data are for zero coupon treasury bonds

1. The following data are for zero coupon treasury bonds each with a face value of $1000. They are to be used for all parts of this question. Maturity   Price 1 Year 968 2 Year 940 3 year 921 a. What is the three year sp ...

Do the assigned questions using malimash incs 2014

Do the assigned questions using Malimash, Inc.'s 2014 financial data below: Malimash, Inc. 2014 Financial Data ($ millions) Income Statement Data Sales Revenue  $7,120.00 Depreciation  $230.00 Interest Expense  $10.00 Pr ...

Wiggle pools has total equity of 358200 and net income of

Wiggle Pools has total equity of $358,200 and net income of $47,500. The debt-equity ratio is .68 and the total asset turnover is 1.2. What is the profit margin?

1 what is the federal agency underwriting function and what

1. What is the federal agency underwriting function and what does it do for the mortgage market, and ultimately for the borrower? 2. Compare and contrast the two categories of bonds and how they differ from mortgage- bac ...

Name several ways by which the loss of initial preload can

Name several ways by which the loss of initial preload can be reduced ? Roughly how much embedment relaxation could we expect from new parts used in a non-gasketed, steel joint? Define elastic interactions. How can elast ...

Suppose that you wish to buy stock and protect yourself

Suppose that you wish to buy stock and protect yourself against a downside movement in its price. You consider both a covered call and a protective put. What factors will affect your decision? You have inherited some sto ...

Asset a will have a useful life of 9 years and cost 5m it

Asset A will have a useful life of 9 years and cost $5M; it will have installation costs of $750,000 and an estimated salvage or residual value $500,000. Asset B will have a useful life of 3 years and cost $2.5M; it will ...

1 what are some impediments faced by communities wishing to

1. What are some impediments faced by communities wishing to perform hazard mitigation? 2. Name the primary federal mitigation programs, and explain how they serve to reduce hazard risk. 3. Do nonfederal mitigation progr ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro