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netineya [11]
3 years ago
5

On January 1, 2017, Vaughn Company purchased 12% bonds, having a maturity value of $312,000, for $335,654.22. The bonds provide

the bondholders with a 10% yield. They are dated January 1, 2017, and mature January 1, 2022, with interest received on January 1 of each year. Vaughn Company uses the effective-interest method to allocate unamortized discount or premium. The bonds are classified as available-for-sale category. The fair value of the bonds at December 31 of each year-end is as follows.2017 $333,600 2020 $322,0002018 $320,900 2021 $312,0002019 $320,000 (a) Prepare the journal entry at the date of the bond purchase.(b) Prepare the journal entries to record the interest revenue and recognition of fair value for 2017.(c) Prepare the journal entry to record the recognition of fair value for 2018.(Round answers to 2 decimal places, e.g. 2,525.25. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
Business
1 answer:
Illusion [34]3 years ago
7 0

Answer: 9.9

Explanation:

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3 years ago
들 (a) What are the entrepreneurial opportunities you can find in retail sector in india?​
dexar [7]

Answer:

It generates huge employment opportunities. This has changed the face of retailing in India. As the sector is booming in India, a career in retail sector is promising a growth potential for the ambitious youngsters.

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3 years ago
Julie wants to create a $5,000 portfolio. She also wants to invest as much as possible in a high risk stock with the hope of ear
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Answer:

C) Invest $2500 in a risk free asset and $2500 in a stock with beta of 2.0

Explanation:

Stock that is beta 2 means that it is twice as volatile as the whole market. Meaning for example if the market is expected to move by 5% this stock will move 10%. New startup firms that are fast-growing usually have stocks in this category. It is more risky thank normal shares but no too much. We can invest $2,500 here.

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3 0
4 years ago
1. Beginning inventory plus net purchases equals
Morgarella [4.7K]

Answer:

D. cost of goods available for sale.

Explanation:

The cost of goods available for sale, also known as the total inventory, represents the total amount of finished products that a company had in its store for selling. The calculation of costs of goods available for sale involves adding beginning stock to the net purchases.

Beginning inventory is the ending balance in the previous financial period. It is the finished product balance brought forward of the prior period. Net purchases are the purchases adjusted for discounts and purchase returns. The costs of goods available for sale minus ending inventory will equal to the costs of goods sold.

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4 years ago
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Answer:

Get a dice and roll it.

Explanation:

8 0
3 years ago
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