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hello, i need these accounting questions as soon as possible 1. On June 30, 2016, Alpha Corporation issued $600,000 of 7%, 10-year bonds at 98
hello, i need these accounting questions as soon as possible
1. On June 30, 2016, Alpha Corporation issued $600,000 of 7%, 10-year bonds at 98 its semiannual interest date. Alpha uses the straight-line method for amortization. Use this information to determine the carrying value of this bond issue after adjusting entries have been made on December 31, 2018? Round your answer to the nearest whole dollar. 2, Immediately following an acquisition, the Alpha Company's balance sheet included cash $50,000, investment in subsidiary $250,000, plant assets $450,000, and liabilities $150,000. The wholly owned subsidiary (BravoZulu Company) had cash $75,000, plant assets $145,000, and liabilities $60,000. All balances are normal. There are no other assets or liabilities, and the given values for the subsidiary are also equal to their fair values. Use this information to determine the dollar value of Goodwill that will be recorded in Alpha Company's consolidated balance sheet 3 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 4, 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 102 and Alpha uses the straight line amortization method? 5, On June 30, 2016, Alpha Corporation issued $600,000 of 7%, 10year bonds at 98 its semiannual interest date. Alpha uses the straightline method for amortization. Use this information to determine the carrying value of this bond issue after adjusting entries have been made on December 31, 2018? Round your answer to the nearest whole dollarStep by Step Solution
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