Check out some similar questions!
Journal entires for bonds and computing interest on bonds
[ 3 Answers ]
Journal entires for bonds and computing interest on bonds -------------------------------------------------------------------------------- I am having a difficult time understanding bonds. Here is a question that stumps me: Record the sale of $4 million of 10 year, 6% corporate bonds...
Selling Price of Bonds.For the record, I HATE BONDS
[ 3 Answers ]
General Toys, Inc. sold five year bonds having a face value of $100,000 and a coupon rate of 7% when the market rate was 9%. The present value of $1 at 9% for five periods is $0.6499. The present value of a $1 annuity for 5 periods at 9% is $3.8897. At what price did these bonds sell? I came up...
Journal entires for bonds and computing interest on bonds
[ 2 Answers ]
I am having a difficult time understanding bonds. Here is a question that stumps me: Record the sale of $4 million of 10 year, 6% corporate bonds priced at 104 plus two months accrued interest. If interest payments are semiannual, and the interest expense account was debited for $53,600 when...
Need Help Urgently!
[ 1 Answers ]
My W2 indicates that I was deducted about $1000 for Social Security tax and madicare tax when I was working on CPT last year. Does anybody know how to get refund? Which forms I need to use and where to file the return? Thanks in advance! Irvin View more questions Search
Add your answer here.
|