Answer:
$10,790
Explanation:
Face value of the bond = $83,000
Market value = $78,850
Bond discount value = Face value of the bond - Market value
$83,000 - $78,850
= $4,150
Amortized over 5 years under straight line method
Per year = $4,150 ÷ 5
= $830
Interest on bond for the year = Face value of the bond × Issued Bonds in percentage
= $83,000 × 12% = $9,960
Bond interest expense = Interest on bond for the year + Per year amortization
= $9,960 + $830
= $10,790
The answer is 200%.
If we see the world population index and compare the population
in 1960 and 2000, we see that population in 2000 is double than 1960.
World population in 1960 = 3,007,751
World population in 2000 = <span>6,104,538 which is approximately double than 1960.</span>
So when
we express it as percentage multiply 2 with 100 and we get the percentage 200.
Answer:
Debit Depreciation Expense, $525;
Credit Accumulated Depreciation, $525.
Explanation:
Based on the information given in a situation where the financial statements are to be prepared on December 31, which means that the company should make the following adjusting entry:
Debit Depreciation Expense, $525
Credit Accumulated Depreciation, $525
Calculated as:
Debit depreciation expense $6,300/12
Debit depreciation expense=$525
Answer:
Explanation:
a) Confidence index=Yield on top-rated corporate bonds/ Yield on intermediate-grade corporate bonds
This year=9.3%/11.8%=0.788
Last Year=9.8%/11.3%=0.8673
b) From the calculations we can see that confidence index is decreasing from 0.8673 to 0.788.
The adjustment that need to be made is <span>Value of the feature would be subtracted from the sales price of the comparable property in order to determine the worth of the property. without the features,
By doing this, we could determine the true market valuation of the property that being transacted.</span>
