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On August 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 unamoritzed discount on the bonds was $400.
/in Questions Uploads /by mary WAMBUGUOn August 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 unamoritzed discount on the bonds was $400. Use this information to prepare the General Journal entry to record the retirement & accrued interest payment of the bond. ( Round all dollar values to the nearest whole dollar.)
Please show me the work so I can figure out how to do it as well as what the right answer is.
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On January 1, 2016, Alpha Corporation had 100,000 shares of common stock outstanding. On April 15, the board declared a $.30 per share dividend to be paid to stockholders of record on May 4.
/in Questions Uploads /by mary WAMBUGUOn January 1, 2016, Alpha Corporation had 100,000 shares of common stock outstanding. On April 15, the board
declared a $.30 per share dividend to be paid to stockholders of record on May 4. The dividend was distributed on May 15. Use this information to prepare the General Journal entries ( without explanation) for April 15, & May 15. If no entry is required the write “No entry required”
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Immediately following an acquisition, the Alpha Companys balance sheet included cash $50000, investment in subsidiary $200000, plant assets $475000, and liabilities $150000.
/in Questions Uploads /by mary WAMBUGUImmediately following an acquisition, the Alpha Companys balance sheet included cash $50000, investment in
subsidiary $200000, plant assets $475000, and liabilities $150000. The wholly owned subsidiary (Bravo-Zulu Company) had cash $55000, plant assets $145000, and liabilities the subsidiary are also equal to their fair values. Use this information to determine the dollar value of Alpha companys:
1.) Goodwill
2.) Total assets before consolidation
3.) Total liabilities after consolidation
4.) total assets after consolidation
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