Alpha Company purchased a $1,000, 5 years, 6 bond on July 1, 2019 for $940 Interest is paid semi annually on June 30 and Dec ember 31 The straight line method of amortization is used for both premiums discounts Use this information to prepare the adjusting General Journal entry (without explanation) for the six months ended December 31, 2019 If no entry is required then write No Entry Required Alpha company purchased a bond investment on January 1, 2017 The bonds have a par of $10,000, pay interest at a 5 annual rate and have 5 years until maturity What is the total Interest Income that will be reported over the life of the bond investment if the bonds were purchased at 103 and Alpha uses the straight line amortization method On January 1, 2017, Alpha Company purchased a significant influence shares investment in the Bravo Zulu Company for $250,000 This investment balance represents 30 of the equity of the Bravo Zulu Company During 2017, Bravo Zulu Company reported Net Income of $25,000 on November 15, 2017 Bravo Zulu Company paid cash dividends of $10,000 to its shareholders Use this information to prepare the January 1, November 15 and December 31, 2017 General Journal entry (without explanation ) If no entry is required, then write No Entry Required On January 1, 2017, Alpha Company purchased a significant influence shares investment in the Bravo Zulu Company for $250,000 This investment balance represents 25 of the equity of the Bravo Zulu Company During 2017, Bravo Zulu Company reported Net Income of $25,000 on November 15, 2017 Bravo Zulu Company paid cash dividends of $10,000 to its shareholders Using this information, what are the FY 2017 balances in Alpha Company's account balances for a Investment in Bravo Zulu b Investment Income On July 1, 2019, Alpha Company purchased inventory from its Japanese supply source Terms of sale were 100,000 yen, due 30 days from the date of purchase On July 30, 2019, Alpha paid for the supplies purchased on July 1 The exchange rate for the yen was $0 01 on the date of purchase, and $0 0098 on the date of payment Use this information to prepare Alpha Company's general journal entries to record the purchase and payment for inventory purchased from its Japanese vendor For the FY 2016, Alpha Company's balance sheet included the following current items cash $40,000, accounts receivable $160,000, inventories $100,000, prepaid expenses $20,000, accounts payable $90,000, and accrued expenses $70,000 Use this information to determine the (Round enter your answers to one decimal place for non dollar ratios and enter the value For dollar ratio enter as whole dollars only ) 1 Quick Ratio 2 Current Ratio 3 Working Capital

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Alpha Company purchased a $1,000, 5 years, 6% bond on July 1, 2019 for $940. Interest is paid semi-annually on June 30 and Dec ember

Alpha Company purchased a $1,000, 5 years, 6% bond on July 1, 2019 for $940. Interest is paid semi-annually on June 30 and Dec ember 31. The straight line method of amortization is used for both premiums & discounts. Use this information to prepare the adjusting General Journal entry (without explanation) for the six-months ended December 31, 2019. If no entry is required then write "No Entry Required."
Alpha company purchased a bond investment on January 1, 2017.The bonds have a par of $10,000, pay interest at a 5% annual rate and have 5 years until maturity. What is the total Interest Income that will be reported over the life of the bond investment if the bonds were purchased at 103 and Alpha uses the straight line amortization method?
On January 1, 2017, Alpha Company purchased a significant influence shares investment in the Bravo-Zulu Company for $250,000.This investment balance represents 30% of the equity of the Bravo-Zulu Company.During 2017, Bravo-Zulu Company reported Net Income of $25,000 on November 15, 2017 Bravo-Zulu Company paid cash dividends of $10,000 to its shareholders. Use this information to prepare the January 1, November 15 and December 31, 2017 General Journal entry (without explanation.) If no entry is required, then write "No Entry Required."
On January 1, 2017, Alpha Company purchased a significant influence shares investment in the Bravo-Zulu Company for $250,000.This investment balance represents 25% of the equity of the Bravo-Zulu Company.During 2017, Bravo-Zulu Company reported Net Income of $25,000 on November 15, 2017 Bravo-Zulu Company paid cash dividends of $10,000 to its shareholders. Using this information, what are the FY 2017 balances in Alpha Company's account balances for:

a. Investment in Bravo-Zulu

b. Investment Income

On July 1, 2019, Alpha Company purchased inventory from its Japanese supply source. Terms of sale were 100,000 yen, due 30 days from the date of purchase.On July 30, 2019, Alpha paid for the supplies purchased on July 1. The exchange rate for the yen was $0.01 on the date of purchase, and $0.0098 on the date of payment. Use this information to prepare Alpha Company's general journal entries to record the purchase and payment for inventory purchased from its Japanese vendor.

For the FY 2016, Alpha Company's balance sheet included the following current items: cash $40,000, accounts receivable $160,000, inventories $100,000, prepaid expenses $20,000, accounts payable $90,000, and accrued expenses $70,000.Use this information to determine the: (Round & enter your answers to one decimal place for non-dollar ratios and enter the value. For dollar ratio enter as whole dollars only.)

1. Quick Ratio

2. Current Ratio

3. Working Capital