WebSee Answer. On October 1, Year 1, Gold Co. borrowed $900,000 to be repaid in three equal, annual installments. The note payable bears interest at 5% annually. Gold paid the first installment of $300,000 plus interest on September 30, Year 2. What amount should Gold report as a current liability on December 31, Year 2? Web题目解析. On September 29, year 2, Wall Co. paid $860,000 for all the issued and outstanding common stock of Hart Corp. On that date, the carrying amounts of Hart’s …
F4: M5 Acquisition Method - Part 2 Flashcards Quizlet
WebQuestion 1 (CPA-00391) On September 29, Year 1, Wall Co. paid $860,000 for all the issued and outstanding common stock of Hart Corp. On that date the carrying amounts … WebOn January 1 of the current year, Barton Co. paid $900,000 to purchase two-year, ... On December 29, year 2, BJ Co. sold a marketable equity security that had been purchased on January 4, ... During year 1, Wall Co. purchased 2,000 shares of Hemp Corp. common stock for $31,500 and properly classified the investment as available-for-sale. income protection benefit period
Answered: 1. Siopao Queen paid its P1,390… bartleby
Web7 de out. de 2024 · Pat contributed $14,000 for 1,400 shares of OCC. On September 8, OCC borrowed $36,500 from a bank, promising to repay the bank in two years. On September 10, OCC wrote a check for $22,500 to acquire computer equipment. On September 15, OCC received $1,450 of supplies purchased on account and, on … WebSiopao Queen paid its P1,390 electric bill for the month. 2. Friendly Store sold for cash, P4,5000 worth of merchandise. The cost of goods sold is P2,300. The company uses perpetual inventory system. 3. Waldo Merchandising purchased on account P23,000 goods for resale from Melody Inc. The company uses periodic inventory system. 4. Web23 de set. de 2024 · On September 29, year 2, Wall Co. paid $860,000 for all the issued and outstanding common stock of Hart Corp. On that date, the carrying amounts of Harts recorded assets and liabilities were $800,000 and $180,000, respectively. Harts recorded assets and liabilities had fair values of $840,000 and $140,000, respectively. In Walls … income protection benefit guide