I don't think this is right so
if someone could help thank you!
Homework Answers
Balance sheet (partial)
| Long term liabilities | |
| Bonds payable | 740000 |
| Add; Premium on bonds payable | 14800 |
| Carrying value | 754800 |
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I don't think this is right so
if someone could help thank you!
E-Tech Initiatives Limited...
E-Tech Initiatives Limited plans to issue $580,000, 10-year, 8.00 percent bonds. Interest is payable annually on...
E-Tech Initiatives Limited plans to issue $580,000, 10-year, 8.00 percent bonds. Interest is payable annually on December 31. All of the bonds will be issued on January 1, 2019. Show how the bonds would be reported on the January 2, 2019, balance sheet if they are issued at 102. E-TECH INITIATIVES LIMITED Balance Sheet (partial) d As of January 2, 2019 Long-Term Liabilities 580,000 (11,600) Bonds Payable Premium on Bonds Payable Carrying Value Red text indicates no respanse was expected...
E-Tech Initiatives Limited plans to issue $680,000, 10-year, 4.00 percent bonds. Interest is payable annually on...
E-Tech Initiatives Limited plans to issue $680,000, 10-year, 4.00 percent bonds. Interest is payable annually on December 31. All of the bonds will be issued on January 1, 2019. Show how the bonds would be reported on the January 2, 2019, balance sheet if they are issued at 104. E-TECH INITIATIVES LIMITED Balance Sheet (partial) As of January 2, 2019 Carrying Value TS 0
E-Tech Initiatives Limited plans to issue $560,000, 10-year, 6 percent bonds. Interest is payable annually on...
E-Tech Initiatives Limited plans to issue $560,000, 10-year, 6
percent bonds. Interest is payable annually on December 31. All of
the bonds will be issued on January 1, 2019. Show how the bonds
would be reported on January 2, 2019, balance sheet if they are
issued at 95. (Deductions should be indicated by a minus
sign.)
E-TECH INITIATIVES LIMITED Balance Sheet (partial) As of January 2, 2019 Long-Term Liabilities Bonds Payable Carrying Value
E-Tech Initiatives Limited plans to issue $400,000, 10-year, 5 percent bonds. Interest is payable annually on...
E-Tech Initiatives Limited plans to issue $400,000, 10-year, 5 percent bonds. Interest is payable annually on December 31. All of the bonds will be issued on January 1, 2019. Show how the bonds would be reported on the January 2, 2019, balance sheet if they are Issued at 96. (Deductions should be indicated by a minus sign.) E-TECH INITIATIVES LIMITED Balance Sheet (partial) As of January 2, 2019 Long-Term Liabilities Bonds Payable Premium on Bonds Payable 400,000 16,000 Carrying Value...
E-Tech Initiatives Limited plans to issue $530,000, 10-year, 4 percent bonds. Interest is payable annually on...
E-Tech Initiatives Limited plans to issue $530,000, 10-year, 4 percent bonds. Interest is payable annually on December 31. All of the bonds will be issued on January 1, 2016. Show how the bonds would be reported on the January 2, 2016, balance sheet if they are issued at 98. (Negative amounts should be indicated by a minus sign.) ® Answer is not complete. E TECH INITIATIVES LIMITED Balance Sheet (partial) As of December 31, 2015 Long-Term Liabilities Bonds Payable $...
Please correct and complete part A & B, thank you so much in advance PB10-3 Recording...
Please correct and complete part A & B, thank you so much in
advance
PB10-3 Recording and Reporting Current Liabilities [LO 10-2] Sandler Company completed the following two transactions. The annual accounting period ends December 31. a·On December 31, calculated the payroll, which indicates gross earnings for wages ($440,000), payroll deductions for income tax ($46,000), payroll deductions for FICA ($38,000), payroll deductions for United Way ($5,800), employer contributions for FICA (matching) and state and federal unemployment taxes ($3,800). Employees were...
someone can help me to do this homework , I'm totally lost ... is it possible...
someone can help me to do this homework , I'm totally lost ...
is it possible to have the explanacion how you get the answers ?
thank you
olem 4 The Ruskin Corporation issues $20, 30 and December 31. The proceeds from expense for 2019 is on issues $20,000,000, 7.8%, 20 year bonds to yield 8% on January 1, 2017. Interest is paid on June The proceeds from the bonds are $19,604,144. Using straight-line amortization, the interest A. $1,540,208 B....
I need help on these first 2 questions, thank you! On January 1, 2019. a corporation...
I
need help on these first 2 questions, thank you!
On January 1, 2019. a corporation issued 5500,000,6%. 10-year bonds for $581.771. The bonds pay interest sem annually on June 30 and December 31. The market rate of interest is 4. Use the following table to prepare a bond amortization schedule and answer the first five questions. (Round your answers to the nearest 5 5000 20 Amortization Schedule Cash intent Prem Ammi 581,750 cv 245,250 4 Int Exp h h-20,...
I need help with the whole question. I need explanation and solution Please and Thank you....
I need help with the whole question. I need explanation and
solution Please and Thank you.
Connect Homework - Chapter 10 Saved Help Save & Exit Submit Exercise 10-3 Recording bond issuance and interest LO P1 On January 1, Boston Enterprises issues bonds that have a $2,100,000 par value, mature in 20 years, and pay 7% interest semiannually on June 30 and December 31. The bonds are sold at par. points 1. How much interest will Boston pay (in cash)...
Hi, I tried many times to get the answers for this question. Can someone please help...
Hi, I tried many times to get the answers for this question. Can
someone please help me. In number 1, insurance of bonds for 200 000
is wrong. Really need help. Thank you
12/31/2019 200 000 2. What amounts will be reported on the financial statements (statement of financial position, statement of earnings, and statement of cash flows) for 2017, 2018, and 2019? (Round intermediate and final answers to the nearest whole dollar.) 2017 2018 2019 Interest expense Bonds payable...
E-Tech Initiatives Limited plans to issue $580,000, 10-year, 8.00 percent bonds. Interest is payable annually on December 31. All of the bonds will be issued on January 1, 2019. Show how the bonds would be reported on the January 2, 2019, balance sheet if they are issued at 102. E-TECH INITIATIVES LIMITED Balance Sheet (partial) d As of January 2, 2019 Long-Term Liabilities 580,000 (11,600) Bonds Payable Premium on Bonds Payable Carrying Value Red text indicates no respanse was expected...
E-Tech Initiatives Limited plans to issue $680,000, 10-year, 4.00 percent bonds. Interest is payable annually on December 31. All of the bonds will be issued on January 1, 2019. Show how the bonds would be reported on the January 2, 2019, balance sheet if they are issued at 104. E-TECH INITIATIVES LIMITED Balance Sheet (partial) As of January 2, 2019 Carrying Value TS 0
E-Tech Initiatives Limited plans to issue $560,000, 10-year, 6
percent bonds. Interest is payable annually on December 31. All of
the bonds will be issued on January 1, 2019. Show how the bonds
would be reported on January 2, 2019, balance sheet if they are
issued at 95. (Deductions should be indicated by a minus
sign.)
E-TECH INITIATIVES LIMITED Balance Sheet (partial) As of January 2, 2019 Long-Term Liabilities Bonds Payable Carrying Value
E-Tech Initiatives Limited plans to issue $400,000, 10-year, 5 percent bonds. Interest is payable annually on December 31. All of the bonds will be issued on January 1, 2019. Show how the bonds would be reported on the January 2, 2019, balance sheet if they are Issued at 96. (Deductions should be indicated by a minus sign.) E-TECH INITIATIVES LIMITED Balance Sheet (partial) As of January 2, 2019 Long-Term Liabilities Bonds Payable Premium on Bonds Payable 400,000 16,000 Carrying Value...
E-Tech Initiatives Limited plans to issue $530,000, 10-year, 4 percent bonds. Interest is payable annually on December 31. All of the bonds will be issued on January 1, 2016. Show how the bonds would be reported on the January 2, 2016, balance sheet if they are issued at 98. (Negative amounts should be indicated by a minus sign.) ® Answer is not complete. E TECH INITIATIVES LIMITED Balance Sheet (partial) As of December 31, 2015 Long-Term Liabilities Bonds Payable $...
Please correct and complete part A & B, thank you so much in
advance
PB10-3 Recording and Reporting Current Liabilities [LO 10-2] Sandler Company completed the following two transactions. The annual accounting period ends December 31. a·On December 31, calculated the payroll, which indicates gross earnings for wages ($440,000), payroll deductions for income tax ($46,000), payroll deductions for FICA ($38,000), payroll deductions for United Way ($5,800), employer contributions for FICA (matching) and state and federal unemployment taxes ($3,800). Employees were...
someone can help me to do this homework , I'm totally lost ...
is it possible to have the explanacion how you get the answers ?
thank you
olem 4 The Ruskin Corporation issues $20, 30 and December 31. The proceeds from expense for 2019 is on issues $20,000,000, 7.8%, 20 year bonds to yield 8% on January 1, 2017. Interest is paid on June The proceeds from the bonds are $19,604,144. Using straight-line amortization, the interest A. $1,540,208 B....
I
need help on these first 2 questions, thank you!
On January 1, 2019. a corporation issued 5500,000,6%. 10-year bonds for $581.771. The bonds pay interest sem annually on June 30 and December 31. The market rate of interest is 4. Use the following table to prepare a bond amortization schedule and answer the first five questions. (Round your answers to the nearest 5 5000 20 Amortization Schedule Cash intent Prem Ammi 581,750 cv 245,250 4 Int Exp h h-20,...
I need help with the whole question. I need explanation and
solution Please and Thank you.
Connect Homework - Chapter 10 Saved Help Save & Exit Submit Exercise 10-3 Recording bond issuance and interest LO P1 On January 1, Boston Enterprises issues bonds that have a $2,100,000 par value, mature in 20 years, and pay 7% interest semiannually on June 30 and December 31. The bonds are sold at par. points 1. How much interest will Boston pay (in cash)...
Hi, I tried many times to get the answers for this question. Can
someone please help me. In number 1, insurance of bonds for 200 000
is wrong. Really need help. Thank you
12/31/2019 200 000 2. What amounts will be reported on the financial statements (statement of financial position, statement of earnings, and statement of cash flows) for 2017, 2018, and 2019? (Round intermediate and final answers to the nearest whole dollar.) 2017 2018 2019 Interest expense Bonds payable...
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