Entries by Munene david

Please see attached. I need help with a more clear explanation.

May 4, 2020 in /by

Please see attached. I need help with a more clear explanation. Thank you,  ATTACHMENT PREVIEW Download attachment Screen Shot 2019-12-15 at 1.04.21 AM.png Selected financial information for the Adelphi Company for the fiscal years ended December 31, 2018 and 2017 follows. Prepare a cash flow statement using the indirect method. Properly title the statement. 2018 2017 […]

 

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On March 1, 2019, Baltimore Corporation had 65,000 shares of common

May 4, 2020 in /by

On March 1, 2019, Baltimore Corporation had 65,000 shares of common stock outstanding with a par value of $5 per share. On March 1, Baltimore Corporation authorized a 20% stock dividend when the market value was $16 per share. Use this information to calculate the amount either (debited) or credited to retained earnings.  Enter as a negative […]

 

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On June 1, 2019 Adelphi Corporation issued $335,000 of 6%,

May 4, 2020 in /by

On June 1, 2019 Adelphi Corporation issued $335,000 of 6%, 5-year bonds.  The bonds which were issued at 105, pay interest on January 1 and June 1. Use this information to calculate the amount of bond discount or premium that is amortized with each interest payment. If this is discount amortization enter as a positive number. If this is premium […]

 

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1 On June 1, 2019 Adelphi Corporation issued $260,000 of 6%,

May 4, 2020 in /by

1 On June 1, 2019 Adelphi Corporation issued $260,000 of 6%, 5-year bonds.  The bonds which were issued at 97, pay interest on January 1 and June 1. Use this information to calculate the amount of bond discount or premium that is amortized with each interest payment. If this is discount amortization enter as a positive number. If this is […]

 

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