Answers: 3
Business, 21.06.2019 21:00
Colah company purchased $1.8 million of jackson, inc. 8% bonds at par on july 1, 2018, with interest paid semi-annually. when the bonds were acquired colah decided to elect the fair value option for accounting for its investment. at december 31, 2018, the jackson bonds had a fair value of $2.08 million. colah sold the jackson bonds on july 1, 2019 for $1,620,000. the purchase of the jackson bonds on july 1. interest revenue for the last half of 2018. any year-end 2018 adjusting entries. interest revenue for the first half of 2019. any entry or entries necessary upon sale of the jackson bonds on july 1, 2019. required: 1. prepare colah's journal entries for above transaction.
Answers: 1
Business, 22.06.2019 15:30
On january 15, the end of the first biweekly pay period of the year, north company’s payroll register showed that its employees earned $32,000 of sales salaries. withholdings from the employees’ salaries include fica social security taxes at the rate of 6.2%, fica medicare taxes at the rate of 1.45%, $3,000 of federal income taxes, $772 of medical insurance deductions, and $260 of union dues. no employee earned > $7,000 in this first period. prepare the journal entry to record north company’s january 15 (employee) payroll expenses and liabilities.
Answers: 3
Business, 22.06.2019 23:00
The five steps to financial success a. five money myths b. five foundations
Answers: 1
Business, 22.06.2019 23:30
The upper-level managers of synergy technology are meeting for the week to look at the long-term company goals and overall direction of the organization. the ceo has expressed her concern over the economy and has told her managers to look closely at the environment outside the organization before making decisions and to be future oriented. in this meeting, top managers of synergy are
Answers: 2
Wiley sold short 100 shares of ACME stock at a price of $80 per share. While the position was open,...
Biology, 06.11.2020 19:30
Mathematics, 06.11.2020 19:30
History, 06.11.2020 19:30
Mathematics, 06.11.2020 19:30
Computers and Technology, 06.11.2020 19:30
Chemistry, 06.11.2020 19:30
English, 06.11.2020 19:30
Mathematics, 06.11.2020 19:30
Advanced Placement (AP), 06.11.2020 19:30
Computers and Technology, 06.11.2020 19:30
English, 06.11.2020 19:30
World Languages, 06.11.2020 19:30
Mathematics, 06.11.2020 19:30