(a) What will be the number of shares outstanding after the split? All of the bonds will be sold on January 1, 2Assume that you own 146 shares of $16 par value common stock of a company and the company has a 2-for-1 stock split when the market price per share is $48. Prepare the journal entry to record the issuance of the bonds.Ultramega Company collected $19,600 in May of 2015 for 4 months of service which would take place from October of 2015 through January of 2016. Its useful life is indefinite. 2. Life Squared, released on Heartbeat Records.
B) What are the objects of cost accountancy?Why might accountants be construed as powerful individuals?Do you believe that the media portray accounting numbers, such as profits, as some sort of 'hard' and objective performance indicator? At July 1, 2017, the balance sheet of Young Company was as fol...Heidebrecht Design acquired 20% of the outstanding common stock of Quayle Company on January 1, 2017, by paying $800,000 for the 30,000 shares. b. please turnaround documents _____d. Capital Investment Decision Techniques 4. Vega Corporation purchased a patent at a cost of $218,000. Consider the following actions and state which goal is being achieved by the action a. The market interest rate currently is 10% . Show how the bonds wou...The E.N.D. The book value of equity(t-1) is $125,000.
The interest stated on the...True or False: Depreciation expense on existing factory equipment is usually relevant to a decision of whether to accept or reject a special order for a company's product. List some of the cost information that you might want to know about and information that would be reported to you.Explain why managerial accounting does not require independent audits to verify the accuracy of the generated reports used in the management decision making process.Jim Hurley is an accountant for a local manufacturing company. d. going-concern co...Presented below are two independent situations. The concepts statements provide several examples in which specific quantitative materiality guidelines are provided to firms.
Social Security benefits are designed to replace 100 percent of an employee's preretirement income. Cas...Use the following to answer questions 1 - 3 (Round answers to the nearest dollar) GLD Corp issues 5.5%, 10-year bonds with a total face amount of $1,000,000. On December 31, 2014, when the market interest rate is 8%, the company issues $1,600,000 of the bonds. C) process costing. Instructions Select the assumption, principle, or constraint that most appropriately justifies...A corporation, which had 10,000 shares of common stock outstanding, declared a 3-for-1 stock split. About a firm's management team. The revenue reported from this transaction during 201...Lights, Camera, and More sell filmmaking equipment. The Treasury bond yields 5 percent before tax and the corporate bond yields 6 percent before tax. The contract required Green Valley Farm to pay $75,000 in advance on November 1, 2014. Par value of each bond is $1,000. Interest is paid semiannually. The Waste Land. Over the three years th...On July 1st, 2016, Alpha Company purchased for $78,000, equipment having a service life of eight years and an estimated residual value of $6,000. The bonds carry a coupon rate of 8%, and interest is paid semiannually. Cash flows from financing activities: a. includes all cash inflows and outflows associated with a company's lending activities. The bonds mature on December 31, 2046. Explain how security deposits are accounted for both the landlord and the tenant.Compensating balances represent: a. funds in a bank account that can't be spent. Steiner is a private college.