Entries by mary WAMBUGU

Alpha company purchases a bond investment on January 1, 2017. The bonds have a par of $10000, pay interest at a 5% annual rate and have 5 years until maturity.

Alpha company purchases a bond investment on January 1, 2017. The bonds have a par of $10000, 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 95 and […]

 

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The following are selected accounts for the Alpha Dog Company after all Fiscal year December 31, 2016, adjusting entries and closing entries have been posted. All balances are normal. Common Stock, $5 par = $150,000 Treasury Stock, at cost $10 per share= $20,000

The following are selected accounts for the Alpha Dog Company after all Fiscal year December 31, 2016, adjusting entries and closing entries have been posted. All balances are normal. Common Stock, $5 par = $150,000 Treasury Stock, at cost $10 per share= $20,000 Dividends Payable= $5,000 Paid in Capital in excess of par, common stock= […]

 

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At fiscal year end, Dec 31, 2017, ALpha Corporations had total stockholders equity of 2500000. On FY 2017 year end, Alpha Corporation had common stock accound of 1000000 of $10 par value common stock and preferred

At fiscal year end, Dec 31, 2017, ALpha Corporations had total stockholders equity of 2500000. On FY 2017 year end, Alpha Corporation had common stock accound of 1000000 of $10 par value common stock and preferred stock account of 100000 of $100 par value. There was no treasury stock. The prefereed stock was noncumulative and […]

 

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Alpha company purchased a $1,000 6%, 6 year bonds at 97 and was held to maturity. The straight line method of amortization is used for borsht premiums and discounts.

Alpha company purchased a $1,000 6%, 6 year bonds at 97 and was held to maturity. The straight line method of amortization is used for borsht premiums and discounts. What is the net cash received over the life of the bond investment? Please show work/method used.   Looking for a Similar Assignment? Order now and […]

 

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