{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-29T01:45:03-04:00", "answer_date": "2024-06-29 01:45:03", "is_docs_available": null, "is_excel_available": null, "is_pdf_available": null, "count_file_available": 0, "main_page": "student_question_view", "question_id": "4442024", "url": "\/study-help\/questions\/on-january-1-2020-novak-corporation-redeemed-470000-of-bonds-4442024", "question_creation_date_js": "2024-06-29T01:45:03-04:00", "question_creation_date": "Jun 29, 2024 01:45 AM", "meta_title": "[Solved] On January 1, 2020, Novak Corporation red | SolutionInn", "meta_description": "Answer of - On January 1, 2020, Novak Corporation redeemed $470,000 of bonds at 99. At the time of redemption, the unamortized pre | SolutionInn", "meta_keywords": "january,1,2020,novak,corporation,redeemed,$470,000,bonds,99,time,redemption,unamortized", "question_title_h1": "On January 1, 2020, Novak Corporation redeemed $470,000 of bonds at 99. At the time of redemption, the unamortized premium was $14,100. Prepare the corporation's", "question_title": "On January 1, 2020, Novak Corporation redeemed $470,000 of bonds at 99.", "question_title_for_js_snippet": "On January 1, 2020, Novak Corporation redeemed $470,000 of bonds at 99 At the time of redemption, the unamortized premium was $14,100 Prepare the corporation's journal entry to record the reacquisition of the bonds (If no entry is required, select No Entry for the account titles and enter O for the amounts Credit account titles are automatically indented when amount is entered Do not indent manually Round intermediate calculations to 6 decimal places, e g 1 251247 and final answer to O decimal places, e g 38,548 ) Account Titles and Explanation Debit Credit", "question_description": "
\"image<\/div><\/div><\/div> On January 1, 2020, Novak Corporation redeemed $470,000 of bonds at 99. At the time of redemption, the unamortized premium was $14,100. Prepare the corporation's journal entry to record the reacquisition of the bonds. (If no entry is required, select \"No Entry\" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Round intermediate calculations to 6 decimal places, e g. 1.251247 and final answer to O decimal places, e g. 38,548.) Account Titles and Explanation Debit Credit", "transcribed_text": "", "related_book": { "title": "Cost Management Measuring Monitoring And Motivating Performance", "isbn": "1118168879, 9781118168875", "edition": "2nd Canadian Edition", "authors": "Leslie G. Eldenburg, Susan Wolcott, Liang Hsuan Chen, Gail Cook", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/635f99b5717e0_1157.jpg", "uri": "\/textbooks\/cost-management-measuring-monitoring-and-motivating-performance-2nd-canadian-edition-1157", "see_more_uri": "" }, "free_related_book": { "isbn": "1137360216", "uri": "\/textbooks\/american-labors-global-ambassadors-the-international-history-of-the-afl-cio-during-the-cold-war-1st-edition-9781137360212-9781137360229", "name": "American Labors Global Ambassadors The International History Of The AFL CIO During The Cold War", "edition": "1st Edition" }, "question_posted": "2024-06-29 01:45:03", "see_more_questions_link": "\/study-help\/questions\/business-banking-2021-September-12", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/using-mohrs-circle-determine-for-the-area-of-problem-9-74", "description": "Using Mohrs circle, determine for the area indicated the orientation of the principal centroidal axes and the corresponding values of the moments of inertia. Area of Problem 9.74", "stars": 3 }, { "url": "\/study-help\/business-statistics-in-practice\/c-whether-the-decision-you-made-to-outsource-manufacturing-last-1983607", "description": "=+c) Whether the decision you made to out-source manufacturing last year turned out to be the cost-saver you thought it would be. Section 23.2", "stars": 3 }, { "url": "\/the-firm-of-bell-greer-cpas-has-been-asked", "description": "The firm of Bell & Greer, CPAs, has been asked to perform attest services for Trek Corporation (a nonpublic company) for the year ended December 31, Year 5. Bell & Greer has two offices: one in Los...", "stars": 3 }, { "url": "\/study-help\/questions\/children-ages-1-0-to-1-4-every-summer-during-9855715", "description": "children ages 1 0 to 1 4 every summer during June and July. Each camp session is one week and can accommodate up to 2 0 0 children. The camp is not coed, so boys attend during the oddnumbered weeks...", "stars": 3 }, { "url": "\/study-help\/questions\/using-semiannual-compounding-rather-than-annual-compounding-will-increase-the-8328156", "description": "Using semi-annual compounding rather than annual compounding will increase the future value of a deposit earning interest. 1) True 2) False", "stars": 3 }, { "url": "\/study-help\/questions\/in-a-nuanced-examination-hospitality-of-leadership-what-interplays-of-3214317", "description": "In a nuanced examination hospitality of leadership, what interplays of factors emerge as pivotal in concurrently augmenting employee task performance and mitigating resistance to delegation within...", "stars": 3 }, { "url": "\/study-help\/questions\/10-the-budgeting-process-usually-takes-place-at-the-same-3108010", "description": "10 The budgeting process usually takes place at the same time as what other process? 1 point Scheduling Production Delivery Procurement", "stars": 3 }, { "url": "\/study-help\/questions\/determine-the-x-and-y-components-of-each-of-the-1027341", "description": "Determine the x and y components of each of the forces shown.Determine the magnitude F and the angle theta with respect to the horizontal x axis of the resultant force vector F.Define vector F in the...", "stars": 3 }, { "url": "\/study-help\/questions\/organization-conserveria-africana-ltd-in-nigeria-demonstrate-the-nexus-between-1003917", "description": "Organization: Conserveria Africana Ltd. in Nigeria Demonstrate the nexus between strategy and corporate social responsibility\/sustainability and evaluate the concept of shared value. Please proper...", "stars": 3 }, { "url": "\/study-help\/questions\/2-4-points-job-652-was-recently-completed-abc-company-1001509", "description": "2. (4 points) Job 652 was recently completed. ABC Company has collected the following actual cost information about job 652: Manufacturing cost category Amount Direct manufacturing labor wages...", "stars": 3 } ], "next_back_navigation": { "previous": "\/study-help\/questions\/9-6-points-details-wanefmac7-43019-my-notes-investing-lesserknown-4442023", "next": "\/study-help\/questions\/each-model-the-population-variances-for-the-two-models-are-4442025" }, "breadcrumbs": [ { "name": "Study help", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers" }, { "name": "Business", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers\/business" }, { "name": "Accounting", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/business-accounting" }, { "name": "On January 1, 2020, Novak Corporation redeemed $470,000 of bonds at 99.", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/on-january-1-2020-novak-corporation-redeemed-470000-of-bonds-4442024" } ], "skill_details": { "skill_id": "9", "skill_name": "Accounting", "parent_id": "1" } }1" } }