Rodgers corporation produces and sells football equipment. on july 1, 2014, rodgers corporation issued $65,000,000 of 10-year, 12% bonds at a market (effective) interest rate of 10%, receiving cash of $73,100,469. interest on the bonds is payable semiannually on december 31 and june 30. the fiscal year of the company is the calendar year. instructions1. journalize the entry to record the amount of cash proceeds from the issuance of the bonds.2. journalize the entries to record the following: a. the first semiannual interest payment on december 31, 2014, and the amortization of the bond premium, using the interest method. (round to the nearest dollar.)b. the interest payment on june 30, 2015, and the amortization of the bond premium, using the interest method. (round to the nearest dollar.)3. determine the total interest expense for 2014.
Answers: 1
Business, 22.06.2019 08:00
How do communism and socialism differ in terms of the role that government plays in the economy ?
Answers: 1
Business, 22.06.2019 10:50
Jen left a job paying $75,000 per year to start her own florist shop in a building she owns. the market value of the building is $120,000. she pays $35,000 per year for flowers and other supplies, and has a bank account that pays 5 percent interest. what is the economic cost of jen's business?
Answers: 3
Business, 22.06.2019 12:00
Simon, aged 10, is invited to a classmate's birthday party at an exclusive ski resort on march 15th. the day will include 4 hours of snowboarding, lunch and birthday cake. simon's mother checks a box on the invitation that says "yes, we will attend" and returns it to the classmate's address. unfortunately, they later don't attend the party when simon comes down with the flu. on march 17th, simon's mother receives an invoice in the mail from simon's classmate for $35 that says, "party no-show fee." can simon's classmate collect the fee?
Answers: 3
Business, 22.06.2019 12:30
land, a building and equipment are acquired for a lump sum of $ 1,000,000. the market values of the land, building and equipment are $ 300,000, $ 800,000 and $ 300,000, respectively. what is the cost assigned to the equipment? (do not round any intermediary calculations, and round your final answer to the nearest dollar.)
Answers: 1
Rodgers corporation produces and sells football equipment. on july 1, 2014, rodgers corporation issu...
History, 26.09.2019 02:00
Mathematics, 26.09.2019 02:00
Mathematics, 26.09.2019 02:00
Biology, 26.09.2019 02:00
English, 26.09.2019 02:00
Mathematics, 26.09.2019 02:00
English, 26.09.2019 02:00
Mathematics, 26.09.2019 02:00
English, 26.09.2019 02:00
Mathematics, 26.09.2019 02:00
Mathematics, 26.09.2019 02:00
Chemistry, 26.09.2019 02:00
English, 26.09.2019 02:00