Presented below are long-term liability items for Beun Company at December 31, 2012. Prepare the long-term liabilities
Question:
Presented below are long-term liability items for Beun Company at December 31, 2012. Prepare the long-term liabilities section of the balance sheet for Beun Company.
Bonds payable, due 2014 $500,000
Lease liability 70,000
Notes payable, due 2017 80,000
Discount on bonds payable 45,000
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 71% (7 reviews)
longterm liabilities section of the balance sheet for ...View the full answer
Answered By
Teresa ochieng
I have had several years of experience working as a tutor, both in person and online. I have worked with students of all ages and abilities, and have consistently received positive feedback from students and their parents.
As a tutor, I have honed my skills in breaking down complex concepts and explaining them in a way that is easily understood by my students. I am patient and understanding, and I am always willing to go the extra mile to help my students succeed.
I have a strong track record of helping my students improve their grades and test scores, and I have a passion for helping students reach their full potential. I have experience tutoring a wide range of subjects, including math, science, English, and history, and I am comfortable working with students at all levels.
Overall, I believe that my hands-on experience and proficiency as a tutor make me an excellent candidate for the SolutionInn Online Tutoring Platform. I am confident that I can provide valuable support and guidance to students who are looking to improve their academic performance.
0.00
0 Reviews
10+ Question Solved
Related Book For
Accounting Principles
ISBN: 978-0470534793
10th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
Question Posted:
Students also viewed these Business questions
-
Lorenzo-Netto, Srl, operates a brushless car wash. Incoming cars are put on an automatic, continuously moving conveyor belt. Cars are washed as the conveyor belt carries the car from the start...
-
Xander Ltd experienced a fire on 30 June 2016 in which its financial records were partially destroyed. It has been able to salvage some of the records and has ascertained the following balances....
-
In its long-term liabilities section of its balance sheet at December 31, 20X1, Columbo Company reports a long-term operating lease liability of $82,004, net of the current portion of $13,327....
-
In Exercises 7681, find the domain of each function. g(x) = 4 x - 7
-
What is a three-tier architecture?
-
A small water pump is used in an irrigation system. The pump takes water in from a river at 10C, 100 kPa at a rate of 5 kg/s. The exit line enters a pipe that goes up to an elevation 20 m...
-
The 2011 annual report of Priority Parcel Service (PPS) reported revenue of \($28\) billion. Total expenses for the year were \($21\) billion. PPS ended the year with total assets of \($37\) billion,...
-
This exercise continues the Lawlor Lawn Service, Inc., situation from Exercise 5-42 in Chapter 5. Consider the June transactions for Lawlor Lawn Service that were presented in Chapter 5. (Cost data...
-
What is the value of the tax shield if the value of the firm is $ 4 million, its value if unlettered would be $ 3 . 6 7 million, and the present value of bankruptcy and agency costs is $ 2 5 0 , 0 0...
-
1. Are there any disagreements between or among the resulting orderings? If so, why do you think that is the case? 2. What can be done to mitigate any observed disagreement between or among the...
-
Did PepsiCo redeem any of its debt during the fiscal year ended December 26, 2009? (Hint: Examine PepsiCos statement of cash flows.)
-
Recognize that these individuals are often a team of IT managers and skilled professionals in a number of areas: systems design, programming, and networks at a minimum. Establish an understanding...
-
Define goodwill . When is it appropriate to record goodwill as an intangible asset? When is its value decreased?
-
You are opening your pharmacy store and deciding which of three suppliers would be optimal in costs. Which analysis tool will best compare the costs based on volume? Regression Chi-square Crossover...
-
Your mom (a sweet lady I'm sure) has asked you to help her with her retirement investments. In her 401(k) she has the following mutual funds. She has just asked you to help her research these funds...
-
John deposited $ 6 0 0 into a bank account. At the end of the year, the deposit grew to $ 7 3 6 . How much interest did John earn?
-
A 0.07 m^3 rigid tank that is equipped with a stirring device initially contains 2kg of R-134a at a pressure of 800kPa. The system loses heat to the surroundings while 50kJ of work is applied to the...
-
Air is compressed in a steady-state, steady-flow, adiabatic process from 0.1 MPa, 20C. During the compression process the temperature becomes 140C. If the mass flow rate is 0.2 kg/s, determine the...
-
The pressure and temperature are measured in a tank containing air to be 60 kPa and 2 80 8 C, respectively. Determine the specific volume using the: i) Ideal-gas law ii) Van der Waals equation iii) Z...
-
Synthesize the products by drawing out reagents and intermediates along the way. `N H. OH HO HO
-
Cawley Company makes three models of tasers. Information on the three products is given below. Fixed expenses consist of $300,000 of common costs allocated to the three products based on relative...
-
Twyla Company operates a small factory in which it manufactures two products: C and D. Production and sales results for last year were as follows. For purposes of simplicity, the firm averages total...
-
Twyla Company operates a small factory in which it manufactures two products: C and D. Production and sales results for last year were as follows. For purposes of simplicity, the firm averages total...
-
Following are the issuances of stock transactions. 1. A corporation issued 8,000 shares of $20 par value common stock for $192,000 cash. 2. A corporation issued 4,000 shares of no-par common stock to...
-
A client calls in to sell their entire long position (300 shares) of AAPL and wanted you to walk them through the process. While going through BPROS you notice they are also short 3 calls contracts...
-
You expect an after-tax rate of return of 28% on your investments. A target company earns $263,000 (after taxes, per year). What is the maximum amount you would be willing to pay for this company?
Study smarter with the SolutionInn App