Go Back   FindArena > Find Arena > Money

Reply
 
LinkBack Thread Tools Display Modes
  #1 (permalink)
carpinteyrosrj : I have several accounting questions I need help with. My homework has multiple problems but most of them are the same just with different numbers. So I just need help on some to figure out the rest. Here they are:

Semiannual Period-End Unamortized Discount Carrying Value
(0) 12/31/2010 $ 7,360 $ 92,640
(1) 6/30/2011 6,624 93,376
(2) 12/31/2011 5,888 94,112

--------------------------------------------------------------------------------

Use the above straight-line bond amortization table and prepare journal entries to record the following.

1) The first interest payment on June 30, 2011
2) The second interest payment on December 31, 2011

Sanchez Company issues 10%, 15-year bonds with a par value of $120,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 8%, which implies a selling price of 117¼. The effective interest method is used to allocate interest expense. Need the premium on bonds payable and the bonds payable.

On July 1, 2011, Jackson Company exercises a $5,000 call option (plus par value) on its outstanding bonds that have a carrying value of $208,000 and par value of $200,000. The company exercises the call option after the semiannual interest is paid on June 30, 2011. Need the entry to retire the bond.

Valdez Company borrows $170,000 cash from a bank and in return signs an installment note for five annual payments of equal amount, with the first payment due one year after the note is signed. need the annual payment if it were 4%, 8%, and 12%



Lastly: Kemper Company plans to issue 6% bonds on January 1, 2011, with a par value of $1,000,000. The company sells $900,000 of the bonds on January 1, 2011. The remaining $100,000 sells at par on March 1, 2011. The bonds pay interest semiannually as of June 30 and December 31.
Record the entry for the March 1 cash sale of bonds.
  Reply With Quote
  #2 (permalink)
caubocaibia : Objective
My goal is to become associated with a company where I can utilize my skills and gain further experience while enhancing the company's productivity and reputation.
Experience
Target, Bronx, NY
Sales Associate, 2008 - Present
• Advise customers on the location, selection, price, and use of goods available from the store, with the aim of encouraging them to buy and to return to buy in the future.
• Accurately and efficiently operate cash register, keeping waiting time for customers to a minimum.
• Received Sales Associate of the Month award and numerous customer accolades.

Bronx Community College, Bronx, NY
Computer Lab Assistant, 2007 - 2010
• Monitored inventory of computer paper, printer toner cartridges and associated supplies.
• Kept track of the students entering and leaving the computer lab.
• Resolved computer hardware and software issues.

Summer Youth Program, New York, NY
Office Helper, 2003 - 2007
• Assisted staff in placing and receiving telephone calls at the main switchboard station.
• Conducted research and retrieval of folders and documents according to request.
• Assisted in the cleaning and maintenance of the facilities.

Education
Associate of Arts, Psychology, 2011
Bronx Community College, Bronx, NY

Skills
• Exceptional listener and communicator who effectively conveys information verbally and in writing.
• Enthusiastic, knowledge-hungry learner, eager to meet challenges and quickly assimilate new concepts.
• Computer-literate performer with extensive software proficiency covering wide variety of applications.
• Confident, hard-working employee who is committed to achieving excellence.
  Reply With Quote
more..
  #3 (permalink)
AssibAddilm : It is fine. You might give more thought to the objective. It could be tailored to the type of position you are after. Including something like:

" I like office work" " I like dealing with the public" That kind of thing.

Good hunting.
  Reply With Quote
  #4 (permalink)
Alibabamen : If my brother receives his refund check can he deposit it in my bank account....he does not want to pay all the check cashing fees
  Reply With Quote
  #5 (permalink)
dwerrosseliem : no the bank account have to be in your name...
  Reply With Quote
  #6 (permalink)
augmery Parriorkmn : if your bank allows him to both of you have to be there and sign the check in front of the bank...that's only if the bank allows you to they may tell you he has to be on your account per say
  Reply With Quote
  #7 (permalink)
Dumnbiannon : i have done that. years ago though. might depend on the bank and thier rules unless the patriot act affected it.
  Reply With Quote
  #8 (permalink)
gadeautorge : Actually, no bank is allowed to do this any longer. In order for a Federal Check to be deposited into a bank account you must be on the account. Someone else cannot cash the check for you. Several years ago you could but as of two years ago, maybe before you can't any longer.
  Reply With Quote
  #9 (permalink)
Fotaanits : Not if his name isn't on the account.
  Reply With Quote
  #10 (permalink)
Mexteendy : I have recently got a new job at my school and have yet to set up direct deposit. The nearest branch of my bank is far away. Is there any other way I can cash my checks?
  Reply With Quote
Reply

Bookmarks

Thread Tools
Display Modes


Similar Threads
Thread Thread Starter Categories Replies Last Post
can someone please help me in accouting? songzhang225 Money 0 08-13-2013 07:05 AM
ACCOUTING PLEASE HELP?????? wd69irnuwb Money 1 07-31-2013 07:05 AM
Accouting help!!!!!!!!? sryanw Money 1 09-14-2012 04:07 PM
Accouting help!!!!!!!!? MONEREIMI Funding 1 09-14-2012 01:05 PM
Accouting help!!Stock investment transactions, equity method and available-for-sale securities.Accouting? yalicen Funding 1 09-13-2012 12:05 PM




All times are GMT. The time now is 02:01 AM.


Copyright 2014, FindArena.com.