Entries by mary WAMBUGU

At fiscal year end, Dec 31, 2017, Alpha corp had total stockholders equity of $10,500,000. There is only one class of common stock and no preferred stock.

September 10, 2019 in /by

Question At fiscal year end, Dec 31, 2017, Alpha corp had total stockholders equity of $10,500,000. There is only one class of common stock and no preferred stock. On Jan 1, 2017 the Common Stock account was value at $500,000. On July 1, 2017, Alpha issued 15,000 additional shares of its $5 par common stock […]

 

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Alpha company purchased a $1000, 5%, 5 year bonds at 97 and was held to maturity. The straight line method of amortization is used for both premiums & discounts.

September 10, 2019 in /by

Alpha company purchased a $1000, 5%, 5 year bonds at 97 and was held to maturity. The straight line method of amortization is used for both premiums & discounts. What is the net cash received over the life of the bond investment?   Looking for a Similar Assignment? Order now and Get 10% Discount! Use […]

 

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Alpha company purchased a bond investment on Jan 1, 2017. The bonds have a par of $10,000, pay interest at a 5% annual rate and have 5 years until maturity.

September 10, 2019 in /by

Alpha company purchased a bond investment on Jan 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 95 and […]

 

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On Aug 1 2017, Alpha company retired a $10000 bond at 105. On July 31 2017 Alpha had accrued the interest payment for $250.

September 10, 2019 in /by

On Aug 1 2017, Alpha company retired a $10000 bond at 105. On July 31 2017 Alpha had accrued the interest payment for $250. At the date of retirement, the unamortized discount on the bonds was $400. Use this info to determine the dollar value of Alpha Company:   Looking for a Similar Assignment? Order […]

 

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