Week 6 Homework E16-1 (Issuance and Conversion of Bonds) 1 Cash 9,900,000 .99*10,000,000 Discount 100,000 Bonds Payable 10,000,000 Bonds 70,000 Cash 70,000 2 Expense 75,000 Bonds Payable 10,000,000 Discount Bonds 55,000 Common Stock 1,000,000 Paid in Capital Common Stock 8,945,000 10,000,000-1,000,000-55,000 Cash 75,000 E16-12 (Issuance, Exercise, and Termination of Stock Options) 1/1/11 no journal entry 12/31/11 Compensation
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Chapter 16 Week 6 Homework E16-1 1. Cash ($10,000,000 X .99) 9,900,000 Discount on Bonds Payable 100,000 Bonds Payable 10,000,000 Unamortized Bond Issue Costs 70,000 Cash 70,000 2. Cash ($10,000,000 X .98) 9,800,000 Discount on Bonds Payable 600,000 Bonds Payable 10,000,000 Paid-in Capital – Stock Warrants (100,000 X $4) 400,000 3. Debt Conversion Expense 75,000 Bonds Payable 10,000,000 Discount
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Acct 551 HW week 5 E15 -15 A. Retained Earnings 97,500 Common Stock 25,000 Paid in Capital in Excess of Par -Common stock 72,500 Common Stock Dividend Distibutable 25,000 Common Stock 25,000 B. No entry required $2 shares outstanding are 300,000 (60,000x5) C. Date Journal Entry Debit Credit 5-Jan-14 Debt investments
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Week 5 Acct 551 15-13 (Stock Split and Stock Dividend) A Land 1,500,000 25,000*60 Treasury Stock 1,200,000 25,000*48 Paid in Capital Treasury 300,000 B The appraised value of the land is a good choice but it is based on the market. So to get more of a transaction them trading price of the stock is probably the best fit E15-15 (Dividend Entries) A Retained Earnings 117,000 60,000*39*5% Common Stock 30,000 Paid in Capital 87,000 Common Stock Dividend 30,000 Common Stock
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Joshua Brooks ACCT-551 Intermediate Accounting II Week 1 Assignment: Intangible Assets 01/08/15 E12-1 (a) Indicated which items on the list above would generally be reported as intangible assets in the balance sheet. 1. Purchase cost of a franchise. 2. Goodwill acquired in the purchase of a business. 3. Cost of purchasing a patent from an inventor. 4. Legal costs incurred in securing a patent. 5. Unrecovered costs of a successful legal suit to protect the patent
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Nisan Williams 10/22/2014 Acct 551 Week 7 Course Project The Proctor & Gamble Company (P&G) Note 1 SIGNIFICANT ACCOUNTING POLICIES Identifying significant accounting policies helps Proctor & Gamble to interpret its financial statements and facilitate better financial presentation of its franchise. The Nature of company’s operations The Proctor & Gamble Company (the “Company”, “we” or “us”) provides over 300 branded consumer products in more than 160 countries. Their billion-dollar
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VENEZIA COFFEE ROASTERS - BUSINESS PLAN No t e b o o k: ENgen C re a t e d : Ta g s : U RL : 2/24/2013 3:12 AM Upda te d: Coffee, Examples, Marketing, Planning 2/24/2013 3:17 AM http://ww w .referenceforbusiness.com/business-plans/Business-Plans-Volume-… VENEZIA COFFEE ROASTERS - BUSINESS PLAN 14600 Waterfront Drive Kennebunk, ME 04043 Two seasoned coffee roasters found their niche in a seemingly saturated market. This plan illustrates that their specialty lies not only in their roasting
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[pic] Business Process Integration – I Exercises ECC 6.0 Modified August 2009 Unit 2: Customer Order Management Business Cycle Including Procurement Process for Replenishment of Goods |Purpose of Unit | |The purpose of Unit 2 is to demonstrate the Customer Order Management Business Cycle beginning with a quotation and ending with recording | |final
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REGENT UNIVERSITY COLLEGE OF ARTS & SCIENCES UNDERGRADUATE CATALOG 2013-2014 (Fall 2013-Summer 2014) Regent University 1000 Regent University Drive Virginia Beach, VA 23464-9800 800.373.5504 admissions@regent.edu www.regent.edu PREFACE Regional Accreditation Regent University is accredited by the Southern Association of Colleges and Schools Commission on Colleges to award associates, baccalaureate, masters, and doctorate degrees. Contact the Commission on Colleges at 1866 Southern Lane,
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WEEK 3 RESEARCH PROJECT (Set #1) ACCT 429 DeVry University IMPORTANT NOTE TO STUDENTS This assignment is being distributed solely for your use in completing the Week 3 project in DeVry University’s online Accounting 429 class. This assignment is an individual assignment, and you are to complete it without any outside assistance by any other student, individual, or outside materials, other than those specifically permitted by the problem. Any violations of these requirements will be addressed
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