Maurice Tutor

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About Maurice Tutor

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Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 401 Weeks Ago, 2 Days Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 09 Aug 2017 My Price 5.00

future maturity

Simonbrothers pays 47000 into a bond sinking fund each yearto redeem the future maturity of its bond. During the first year thefund earned 3,825.At the time of bond redemption the fund has a balance of 417,00. Of this 400,000 was used to redeem the bonds. Jornalize the following entries. a. Initial deposit. b. The first years interest. c. The redemption of the bonds. On Jan 1, auctions online issued 300,000,9%, 10year bond to lender at the contract rate. Interest is to be paid semiannually on July 1 and Jan 1. Jornalize the following entries. a.issued the bonds. b. Paid first semiannually interest payment. c. Retired the bonds at maturity

Answers

Maurice Tutor
(5)
Status NEW Posted 09 Aug 2017 12:08 AM My Price 5.00

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