For the bonds issued in question 7 , above, what is the carrying value of the bonds
Question:
For the bonds issued in question 7 , above, what is the carrying value of the bonds at the end of the third interest period?
a. \(\$ 486,000\).
b. \(\$ 488,000\)
c. \(\$ 472,000\)
d. \(\$ 464,000\)
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Answered By
Saikumar Ramagiri
Financial accounting:- Journal and ledgers, preparation of trail balance and adjusted trail balance Preparation of income statement, retained earning statement and balance sheet Banks reconciliation statements Financial statement analysis Cash flow statement analysis (both direct and indirect methods) All methods of Depreciations Management Accounting:- Ratios Budgeting control Cash budget and production budget Working capital management Receivable management Costing:- Standard and variance costing Marginal costing and decision making Cost-volume-profit analysis Inventory management (LIFO, FIFO) Preparation and estimation of cost sheet Portfolio management:- Calculation of portfolio standard deviation or risk Calculation of portfolio expected returns CAPM, Beta Financial management:- Time value of money Capital budgeting Cost of capital Leverage analysis and capital structure policies Dividend policy Bond value calculations like YTM, current yield etc International finance:- Derivatives Futures and options Swaps and forwards Business problems Finance problems Education (mention all your degrees, year awarded, Institute/University, field(s) of major): Education Qualification Board/Institution/ University Month/Year of Passing % Secured OPTIONALS/ Major ICWAI(inter) ICWAI inter Pursuing Pursuing - M.com(Finance) Osmania University June 2007 65 Finance & Taxation M B A (Finance) Osmania University Dec 2004 66 Finance & Marketing. B.Com Osmania University June 2002 72 Income Tax, Cost & Mgt, Accountancy, Auditing. Intermediate (XII) Board of Intermediate May 1999 58 Mathematics, Accountancy, Economics. S S C (X) S S C Board. May 1997 74 Mathematics, Social Studies, Science. Tutoring experience: • 10 year experience in online trouble shooting problems related to finance/accountancy. • Since 6 Years working with solution inn as a tutor, I have solved thousands of questions, quick and accuracy Skills (optional): Technical Exposure: MS Office, SQL, Tally, Wings, Focus, Programming with C Financial : Portfolio/Financial Management, Ratio Analysis, Capital Budgeting Stock Valuation & Dividend Policy, Bond Valuations Individual Skills : Proactive Nature, Self Motivative, Clear thought process, Quick problem solving skills, flexible to complex situations. Achievements : 1. I have received an Award certificate from Local Area MLA for the cause of getting 100% marks in Accountancy during my Graduation. 2. I have received a GOLD MEDAL/Scholarship from Home Minister in my MBA for being the “Top Rank student “ of management institute. 3. I received numerous complements and extra pay from various students for trouble shooting their online problems. Other interests/Hobbies (optional): ? Web Surfing ? Sports ? Watching Comics, News channels ? Miniature Collection ? Exploring hidden facts ? Solving riddles and puzzles
4.80+
391+ Reviews
552+ Question Solved
Related Book For
Financial Accounting
ISBN: 9780471169208
2nd Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
Question Posted:
Students also viewed these Business questions
-
1. Calculate the cost of each capital component, after-tax cost of debt, cost of preferred, and cost of equity with the DCF method and CAPM method. 2. What do you estimate the company?s WACC? Please...
-
Please read the attachment chapters and answer the following questions with at least 50 words. Depreciation discussion What are the various methods of determining depreciation and amortization...
-
Need help journal entries City of Smithville Full Version 16E General Fund journal entries chapter 4 Street Improvement Capital Projects fund Chapter 5 Street Improvement Bond Debt Service Fund...
-
1. Determine and confirm purchasing requirements for at least six (6) of the goods listed in the knowledge evidence. 2.Make purchase arrangements for the goods to meet different: End product...
-
Describe several types of symbiotic relationships. Give an example of a symbiotic relationship that benefits both species.
-
Allocate manufacturing overhead costs. (Obj. 3). The Raider Manufacturing Company received an invoice for $34,230 for repairs. The allocation is as follows: 60 percent of the repairs were performed...
-
How aix Iranporary invxsimenis in markelabk' seeurilies reporleil on the bal ante slux'l? AppendixLO1
-
Explain why a state has regulatory authority over a not-for-profit organization. When does the federal government have regulatory authority over a not-for-profit organization?
-
Public accountability and government financial reporting New Public Management requires the introduction of competition within the Government to increase financial transparency and improve government...
-
Colson Inc. converts \(\$ 600,000\) of bonds sold at face value into 10,000 shares of common stock, par value \(\$ 1\). Both the bonds and the stock have a market value of \(\$ 760,000\). What amount...
-
Reeves Company has total proceeds from sales of \(\$ 4,515\). If the proceeds include sales taxes of \(5 \%\), the amount to be credited to Sales is: a. \(\$ 4,000\). b. \(\$ 4,300\). c. \(\$...
-
Propane (C 3 H 8 ) is a gas at room temperature, whereas octane (C 8 H 18 ) is a liquid. Explain why this is so.
-
Ranjha Inc. manufactures widgets. The end product is produced in different departments within the plant. One component, C1, is causing some concern. The component is integral to the production of...
-
. Write a Java program in NetBeans that creates a LinkedHashSet. Your Java program must use the methods in the LinkedHashSet interface to do the following: 2.1 Add the above elements into the...
-
on the following statement: Mona is an industrial engineer working for car parts manufacturing facility. She collected the following data on three alternatives of sustainable energy systems to be...
-
Alvarado Company produced 2,900 units of product that required 6 standard direct labor hours per unit. The standard fixed overhead cost per unit is $2.55 per direct labor hour at 16,200 hours, which...
-
Find the complexity of the function given below. void function(int n) { int i, count =0; for(i=1; i*i
-
China is a major producer of grains, such as wheat, corn, and rice. In 2008 the Chinese government, concerned that grain exports were driving up food prices for domestic consumers, imposed a tax on...
-
Whats the difference between an ordinary annuity and an annuity due? What type of annuity is shown below? How would you change the time line to show the other type of annuity?
-
Milano Pizza is a small neighborhood pizzeria that has a small area for in-store dining as well as offering take-out and free home delivery services. The pizzerias owner has determined that the shop...
-
Which of the following statement regarding a post-closing trial balance is not true
-
What are the benefits and potential risks factors for undertaking derivative strategies compared to cash transactions
Study smarter with the SolutionInn App