Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please show all work in excel Amazon has 250,000 shares authorized, 225,000 issued and 215,000 shares outstanding of $3 par value common stock when the

image text in transcribed

Please show all work in excel

Amazon has 250,000 shares authorized, 225,000 issued and 215,000 shares outstanding of $3 par value common stock when the board of directors declared a 10% stock dividend. At the time of the dividend the market value per share was $25. What is the journal entry that records the dividend? You may not need all the lines. Walmart issues $1,500,000 of 20-year bonds on 1/1/20 that pay 2% on a semiannual basis each June 30 and December 31. The bonds were issued at 97. What is the interest expense recorded each time the bondholders are paid? Google issues $2,000,000 of 10-year bonds on 1/1/20 that pay 8% on a annual basis each December 31. The bonds were issued at 106. What is the carrying value for the bonds at the end of year six

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Study Guide With Working Papers, Chapters 1-9 For Heintz/Parrys College Accounting

Authors: James A. Heintz, Robert W. Parry

21st Edition

1285059379, 9781285059372

More Books

Students also viewed these Accounting questions

Question

In Exercise draw the given planar graph without any crossings.

Answered: 1 week ago