kchugues1241
23.09.2019 •
Business
On january 1, 2017, henderson corporation redeemed $500,000 of bonds at 99. at the time of redemption, the unamortized premium was $15,000. prepare the corporation’s journal entry to record the reacquisition of the bonds. (if no entry is required, select "no entry" for the account titles and enter 0 for the amounts. credit account titles are automatically indented when amount is entered. do not indent manually. round intermediate calculations to 6 decimal places, e.g. 1.251247 and final answer to 0 decimal places, e.g. 38,548.)
Solved
Show answers
More tips
- F Family and Home Parents or Environment: Who Has the Most Influence on a Child s Upbringing?...
- P Philosophy Unbelievable stories of encounters with otherworldly forces...
- L Leisure and Entertainment How to Choose the Perfect Gift for Men on February 23rd?...
- H Health and Medicine How to Treat Whooping Cough in Children?...
- H Health and Medicine Simple Ways to Lower Cholesterol in the Blood: Tips and Tricks...
- O Other How to Choose the Best Answer to Your Question on The Grand Question ?...
- L Leisure and Entertainment History of International Women s Day: When Did the Celebration of March 8th Begin?...
- S Style and Beauty Intimate Haircut: The Reasons, Popularity, and Risks...
- A Art and Culture When Will Eurovision 2011 Take Place?...
- S Style and Beauty How to Choose the Perfect Hair Straightener?...
Answers on questions: Business
- B Business PLZ HELP Ezra has set up a barber shop offering haircuts and shaves, and he is the only dedicated barber in the vicinity. He occupies a small shop that had closed down...
- C Chemistry Explain why caesium is more reactive than sodium You should answer in terms of electrons....
- M Mathematics Do all triangles have at least 2 acute angles?...
- H History In 150-200 words, describe some of the major obstacles colonizers faced as they settled america....
Ответ:
bonds payable 500,000
premium on bonds payable 15,000
cash 495,000
gain on redemption 20, 000
Explanation:
cash disbursements to rescue the bonds:
500,000 x 99/100 = 495,000
carrying value:
bonds payable 500,000
premium 15,000
total 515,000
gain on redemption:
cash disbursements to rescue the bonds: - carrying value:
515,000 - 495,000 = 20,000
Ответ:
B
Explanation: