Question and answer
Question not found
Ask a question
Not a good answer? Get an answer now. (Free)
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
On December 31, 2010, a corporation issued $200,000 face value, 12 percent bonds that mature 10 years from the date of issue. The issue price was 97. If the firm uses the straight-line method of amortization, interest expense for 2011 will be reported at
Weegy: 24,000 User: Retained Earnings Appropriated for Bond Retirement appears as a separate line item Weegy: Any unappropriated retained earnings that are specifically not to be used for dividend payments. Appropriated retained earnings can be used for many purposes, such as improving infrastructure, R&D or marketing. [ They are not passed on directly to shareholders in any form.Any amount of appropriated retained earnings that are not used for such purposes are then poured back into dividend payments. For example, a company uses $10 million of appropriated retained earnings to build a new factory. But the cost of the factory comes in under budget, so the firm will allocate the remaining funds back into the unappropriated retained earnings. ] (More)
Question
Expert Answered
Updated 9/23/2012 2:45:49 PM
1 Answer/Comment
Please provide a link to your source when you copy and paste.
Added 9/23/2012 2:45:49 PM
corporation paid $104,000 to retire bonds with a face value of $100,000 and an unamortized premium balance of $3,000. The entry to record the early retirement of the bonds will include the recognition of a loss of
Weegy: the answer is $1,000 User: A bond sinking fund investment is started on January 5, 2010, by transferring $10,000 in cash to the fund. This $10,000 is invested and earns $1,100 during 2010. The entry to record the earnings made on the sinking fund investment includes Weegy: The entry to record the earnings made on the sinking fund investment includes a debit to Cash for $1,100 and a credit to Income from Sinking Fund Investment for $1,100. (More)
Question
Expert Answered
Asked 9/23/2012 2:12:13 PM
0 Answers/Comments
When the issuing corporation has the right to require the owners to surrender the bonds for payment before the maturity date of the bonds, the bonds are referred to as
Weegy: issuing corporation has the right to require the owners to surrender the bonds for payment before the maturity date of the bonds, [ the bonds are referred to as A. serial bonds. [ ] User: The corporation must maintain a subsidiary ledger showing who owns the bonds and is entitled to receive interest payments if the bonds are (More)
Question
Expert Answered
Asked 9/23/2012 2:16:22 PM
0 Answers/Comments
What interested parties may perform financial statement analyses of a company and for what purpose?
Weegy: This task is normally performed by an accountant who would look at items like gross sales, company assets, and liabilities to determine how much a business is actually worth. [ Once each financial aspect of the company is reviewed, a detailed report can then be generated to provide information to any interested party. Sometimes a financial statement analysis is for much more specific reasons. If there are investors that hold stock in a company, for example, this process would determine the base price of what each share would be worth. Most governments also perform a financial statement analysis when they suspect that a business has not properly paid all of the tax revenue owed. Someone looking to purchase a business may have a financial statement analysis completed to determine a fair market value. ] (More)
Question
Expert Answered
Asked 9/23/2012 2:46:41 PM
0 Answers/Comments
Would you perform financial statement analysis, or rely on the findings of a rating agency for your needs?
Weegy: I think it is better to perform a financial statement analysis instead of relying on the findings of a rating agency. [ This is because, the statement will clearly show you where you need to improve and where you have improved. ] (More)
Question
Expert Answered
Asked 9/23/2012 2:56:51 PM
0 Answers/Comments
20,456,053 questions answered
Popular Conversations
Solve 2x^2 + x - 6 = 0 User: Solve |4x - 8| User: Solve the ...
Weegy: 2x + 1 User: Solve |x| > 5 User: Solve 7x - 4 = 5x + 15 for x.
4/17/2015 9:42:20 AM| 3 Answers
Which of the following statements uses the commutative property of ...
Weegy: C.2 + (3 + 4) = 2 + (4 + 3) User: Simplify (12ab)(3t). Weegy: Answer is 36abt User: Simplify (4x) · mn · 15 ...
4/17/2015 10:33:35 AM| 3 Answers
5x 2 y and 7x y 2 are like terms. True False
Weegy: 7x + 5x = 12x User: Simplify -10x - 2x + 3x. -9x 9x 11x Weegy: -10x - 2x + 3x = -9x User: Simplify 5(x ...
4/17/2015 10:43:33 AM| 3 Answers
Solve for x. 4x + 3 < 9
4/17/2015 10:16:12 AM| 2 Answers
Judging and evaluating advertisements requires critical thinking ...
Weegy: truth in advertising laws ensure the accuracy of information in advertisements User: what is an inference
4/17/2015 10:42:02 AM| 2 Answers
what is an antecedent
Weegy: In grammar, an antecedent is an expression (word, phrase, clause, etc.) that gives its meaning to a proform ...
4/17/2015 12:45:24 PM| 2 Answers
Which two superpowers engaged in an arms race during the cold war as ...
Weegy: Which two superpowers engaged in an arms race during the cold war as they competed with each other to acquire ...
4/17/2015 3:21:30 PM| 2 Answers
Weegy Stuff
S
L
Points 712 [Total 2289]| Ratings 1| Comments 702| Invitations 0|Offline
S
L
Points 605 [Total 1172]| Ratings 2| Comments 585| Invitations 0|Offline
S
P
C
L
P
L
1
P
P
1
Points 217 [Total 8094]| Ratings 2| Comments 197| Invitations 0|Offline
S
Points 164 [Total 164]| Ratings 0| Comments 164| Invitations 0|Offline
S
L
1
R
Points 101 [Total 1173]| Ratings 1| Comments 91| Invitations 0|Offline
S
L
Points 101 [Total 3704]| Ratings 0| Comments 101| Invitations 0|Offline
S
1
L
L
Points 72 [Total 8066]| Ratings 0| Comments 72| Invitations 0|Offline
S
Points 47 [Total 47]| Ratings 1| Comments 37| Invitations 0|Offline
S
1
L
1
Points 43 [Total 3484]| Ratings 1| Comments 33| Invitations 0|Offline
S
Points 22 [Total 22]| Ratings 0| Comments 22| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2015 Purple Inc.