Multiple Choice—CPA Adapted Chapter 14 – Long Term Liabilities 1. On July 1‚ 2010‚ Spear Co. issued 1‚000 of its 10%‚ $1‚000 bonds at 99 plus accrued interest. The bonds are dated April 1‚ 2010 and mature on April 1‚ 2020. Interest is payable semiannually on April 1 and October 1. What amount did Spear receive from the bond issuance? a. $1‚015‚000 b. $1‚000‚000 c. $990‚000 d. $965‚000 2. On January 1‚ 2010‚ Solis Co. issued its 10% bonds in the face amount of $3‚000‚000
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For my first organization I chose‚ the American Occupational Therapy Association (AOTA). The American Occupational Therapy Association is an organization for all occupational therapy practitioners in the United States. It was originally called the National Society for the Promotion of Occupational Therapy. However‚ in 1923 it was changed to the American Occupational Therapy Association. The Association’s mission is to advance the quality‚ availability‚ use and support of occupational therapy. Through
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to make up things and put them in stories. Dickens envisioned people and the world in the city as a physical place. He saw human activity as a focus of interest and setting for a story (Nelson 28-29). Dickens literary career began by writing for Monthly Magazine and London Evening Chronicles when he wrote the Sketches of Boz (Gissing 7). Dickens also wrote Parliamentary debates and feature articles based on his experience and observations in the Parliament (Smiley 1). In his work Dickens largely
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would be if the payments of estimated tax are at least as large as an amount equal to 90% of the tax for the taxable year computed by annualizing the taxable income received for the months in the taxable year ending before the month in which the installment is required to be paid. Chapter 3 (5 pts) 3. Explain the distinction between an "above the line" deduction (i.e. FOR AGI) and a below the line deduction (i.e. FROM AGI). Which one is more valuable? An above the line deduction‚ also called
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PART I MULTIPLE CHOICE QUESTIONS Use the following information for questions 1-4: Seasons Construction is constructing an office building under contract for Cannon Company. The contract calls for progress billings and payments of $1‚240‚000 each quarter. The total contract price is $14‚880‚000 and Seasons estimates total costs of $14‚200‚000. Seasons estimates that the building will take 3 years to complete‚ and commences construction on January 2‚ 2014. 1. At December 31‚ 2014‚ Seasons estimates
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chapter-01 01. Introduction: AB bank limited first started on line banking service in Dhaka city. After that all branches of AB bank started online banking service. By flowing AB bank limited‚ now all private commercial banks are providing any branch banking service by online banking technology. On line banking is one of most important service of commercial bank. All commercial banks in Bangladesh trying to improve their service by using modern technology like online banking. And time to time
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General Banking Activities Of Dhaka Bank Limited (DBL) [pic] Internship Report On General Banking Activities of Dhaka Bank Limited (DBL) Submitted To Mr. N. M. Zayed Lecturer in Finance Department of Finance BangladeshUniversity of Business and Technology (BUBT) Submitted By NayemaRahmanRajone BBA Program‚ 12th Intake ID # 06072101100 Major in Finance BangladeshUniversity of Business and Technology (BUBT) Date of Submission: 12thDecember‚ 2010
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predicted period of the asset. 4. When the lease contract begins‚ the current amount of installments should be around 90% of the fair amount of the asset being leased. B –How should Lani account for this lease at its inception and a determination made of the amount recorded? Lanie should be able to see the documented fair or current value of the upcoming installments as debit to fixed assets and also the capital lease as credit to obligation. C - Expenses
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Social‚ Cultural and Economic Impact of Globalization in India 79 rate or flag this page By premsingh glimpses Click thumbnail to view full-size Fatehpur Sikri Socialization of people for improving business and financial activities across the globe can be referred as globalization. It is not a new phenomena as people kept searching new places and avenues to increase their business activities as evident by explorations of Vasco degama‚ Columbus and East India Company. Bitter experiences
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but when it is actually received. Past problems faced by banks were to a great extent attributable to this. Classification of what an NPA is has changed with tightening of prudential norms. Currently an asset is “non-performing” if interest or installments of principal due remain unpaid for more than 180 days. Non-performing Assets: Definition: An asset becomes Non-performing when it ceases to generate income for a Bank It is also defined as credit facility in respect
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