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متابعة

1.A deb. issued at $100, repayable at $105. 2.A deb. issued at $105, repayable at $100 3.A deb. issued at $102, repayable at $105

<p><strong>Journalize the following transactions at the time of issue of debenture of $100 in all three different circumstances.</strong></p>

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تم إضافة السؤال من قبل VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.
تاريخ النشر: 2014/12/05
Lesley Lanag CMA CPA
من قبل Lesley Lanag CMA CPA , Senior Accountant , Takaful Emarat Insurance (P.S.C)

(1) Bonds issued at a Discount

       Cash                                           10,000

       Discount on Bonds Payable            500

                Bonds Payable                                    10,500

 

(2) Bonds at a Premium

       Cash                                            10,500

                Bonds Payable                                    10,000

                Premium on Bonds Payable                    500

 

(3) Bonds at a Discount

         Cash                                         10,200

         Discount on Bonds Payable          300

                Bonds Payable                                  10,500

Malik Khalid Mahmood
من قبل Malik Khalid Mahmood , Regional Finance Manager , Leosons International FZ LLC

1) at time of Issuance

Bank  100

          Bonds Payable       100

 

At time of redemption

Bons Payable                            100

Premium on redemption            5

                  Bank                                        105

2-   At time of issuance

Bank                              100

Discount on issue       5

                    Bons payable                105

 

At time of redemption

 

Bonds Payable           100

      Bank                                  100

 

3-        At time of issuance

 

Bank                                               100

Premium on issue                           2

                    Bonds payable                           102

 

 

At time of Redemption

 

Bonds Payable                                   100

Premium on redemption                      5

            Bank                                                        105

FITAH MOHAMED
من قبل FITAH MOHAMED , Financial Manager , FUEL AND ENERGY CO for transportion petroleum materials

AGREE WITH MISS LESELY ANSWER  

المزيد من الأسئلة المماثلة