Entries by mary WAMBUGU

On January 2, 2017 the fist year of operations, alpha corp issued 15,000 shares of $10 par value common stock for $15 per share. On July 1, 2017, Alpha Corp. , 1,000 of these shares were reacquired for $20 each.

August 25, 2019 in /by

On January 2, 2017 the fist year of operations, alpha corp issued 15,000 shares of $10 par value common stock for $15 per share. On July 1, 2017, Alpha Corp. , 1,000 of these shares were reacquired for $20 each. On September 1, 2017 Alpha Corp. reissued 500 shares of its treasury stock for $22 […]

 

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If the truck has a useful life of five years , what is the monthly amount of depreciation expense ?

August 25, 2019 in /by

If the truck has a useful life of five years , what is the monthly amount of depreciation expense ?   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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On April 1, 2016, Alpha Company issued $500,000 of 12%, 10-year bonds. The bonds, which were issued at 103, pay interest on October 1 and April 1.

August 25, 2019 in /by

On April 1, 2016, Alpha Company issued $500,000 of 12%, 10-year bonds.  The bonds, which were issued at 103, pay interest on October 1 and April 1. Use this information to prepare the General Journal entry (without explanation) to record the April 1, 2016 bond issue. If no entry is required then write “No Entry Required.”   […]

 

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On June 1, 2016 Alpha Corporation issued $300,000 of 9%, 5-year bonds. The bonds which were issued at 97, pay interest on January 1 and June 1.

August 25, 2019 in /by

On June 1, 2016 Alpha Corporation issued $300,000 of 9%, 5-year bonds.  The bonds which were issued at 97, pay interest on January 1 and June 1. Use this information to prepare the General Journal entry (without explanation) to record the June 1, 2016 bond issue. If no entry is required then write “No Entry Required.”   […]

 

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