Business, 15.04.2020 23:28 erinolson07cats
The long-term liability section of Twin Digital Corporation’s balance sheet as of December 31, 2020, included 14% bonds having a face amount of $35 million and a remaining discount of $1 million. Disclosure notes indicate the bonds were issued to yield 16%. Interest expense is recorded at the effective interest rate and paid on January 1 and July 1 of each year. On July 1, 2021, Twin Digital retired the bonds at 102 ($35.7 million) before their scheduled maturity. Required: 1. & 2. Prepare the necessary journal entries by Twin Digital on July 1, 2021. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars.)
Answers: 1
Business, 21.06.2019 19:20
What is the most direct result of free trade supplying productive resources to areas where they're most needed? a. enhanced efficiency b. lower interest rates c. increasing specialization d. greater competition 2b2t
Answers: 3
Business, 22.06.2019 10:10
Karen is working on classifying all her company’s products in terms of whether they have strong or weak market share and whether this share is in a slow or growing market. what type of strategic framework is she using?
Answers: 2
Business, 22.06.2019 12:10
The following transactions occur for badger biking company during the month of june: a. provide services to customers on account for $32,000. b. receive cash of $24,000 from customers in (a) above. c. purchase bike equipment by signing a note with the bank for $17,000. d. pay utilities of $3,200 for the current month. analyze each transaction and indicate the amount of increases and decreases in the accounting equation. (decreases to account classifications should be entered as a negative.)
Answers: 1
Business, 22.06.2019 19:20
Bcorporation, a merchandising company, reported the following results for october: sales $ 490,000 cost of goods sold (all variable) $ 169,700 total variable selling expense $ 24,200 total fixed selling expense $ 21,700 total variable administrative expense $ 13,200 total fixed administrative expense $ 33,600 the contribution margin for october is:
Answers: 1
The long-term liability section of Twin Digital Corporation’s balance sheet as of December 31, 2020,...
Social Studies, 27.10.2021 20:30
Chemistry, 27.10.2021 20:30
Mathematics, 27.10.2021 20:30
SAT, 27.10.2021 20:30
Chemistry, 27.10.2021 20:30
History, 27.10.2021 20:30
Mathematics, 27.10.2021 20:30
Social Studies, 27.10.2021 20:30
Mathematics, 27.10.2021 20:30
Mathematics, 27.10.2021 20:30
English, 27.10.2021 20:30