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Effectus [21]
3 years ago
12

Any unamortized premium should be reported on the balance sheet of the issuing corporation as

Business
2 answers:
stich3 [128]3 years ago
5 0

Answer:It should be an addition to the face amount of the bonds in the liability section. This is because a premium on a bond investment made is usually recorded in the account for investment and amortized over it’s known useful life

nlexa [21]3 years ago
3 0

Answer:

an addition to the face amount of the bonds in the liability section

Explanation:

When a bond is sold at a premium, it means that its market price was higher than its face value, e.g. face value = $100, market value = $105 results in a $5 premium.

the journal entry for this example should be:

Dr Cash 105

    Cr Bonds payable 100

    Cr Premium on bonds payable 5

Both bonds payable and premium on bonds payable are liability accounts.  

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You and four other team members attend a seminar on conflict. The seminar costs $150 per person. You will need to drive two cars
Sveta_85 [38]

Answer: $825

Explanation:

Total seminar cost for the team;

= 150 * 5 people

= $750

Two cars need to be driven the 100-mile round trip at 37.5 cents per mile.

= 2 * 100 * 37.5

= 7,500 cents

= $75

Cost of Seminar = 750 + 75 = $825

5 0
3 years ago
The financial statements of the larson company report net sales of $1,000,000 and accounts receivable of $80,000 and $60,000 at
stepan [7]
<span>To calculate the average collection period: the average accounts receivable balance divided by average credit sales per day. With $1,000,000 per year, that is $2739.73 per day. The average accounts receivable is ($80,000 + $60,000) / 2 = $70,000 $70,000 / $2,739.73 = 25.6 days</span>
4 0
3 years ago
Vijay Inc. purchased a three-acre tract of land for a building site for $350,000. On the land was a building with an appraised v
alexandr402 [8]

Answer: b) $364,090

Explanation:

The Capitalized cost of the land would be the costs incurred to acquire the land and to set it up.

Capitalized cost = Purchase price + demolition of old building + title insurance + attorney fees + property taxes(for period since purchase) - scrap value

= 350,000 + 11,700 + 810 + 540 + (3,000 - 350) - 1,610

= $364,090

3 0
3 years ago
The two-stage dividend growth model evaluates the current price of a stock based on the assumption a stock will:_____.
wolverine [178]

The two-stage dividend growth model assesses a stock's present price based on the presumption that it will increase in value at a different rate eternally after growing at a fixed rate for a set period of time.

The payout increases steadily in the first phase for a predetermined period of time. In the second, it is presumable that the dividend will increase at a different pace for the rest of the company's existence.

A mathematical technique called the dividend growth model allows investors to determine a realistic fair value for a company's stock based on its current dividend payout and projected dividend growth in the future.

Learn more about two-stage dividend growth model here.

brainly.com/question/28202802

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4 0
2 years ago
Corn refiners buy shelled corn and convert it into a variety of products, including high-fructose corn syrup. the refiners then
Karo-lina-s [1.5K]

Refiners are in the secondary sector of the market because they are taking inputs and making them into products for consumption.

7 0
4 years ago
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