Solution Manual for Accounting 29th Edition by Carl Warren

Product details

  • Publisher ‏ : ‎ Cengage Learning; 29th edition (February 23, 2023)
  • Language ‏ : ‎ English
  • ISBN-10 ‏ : ‎ 0357899644
  • ISBN-13 ‏ : ‎ 978-0357899649

In Stock

Original price was: $75.00.Current price is: $50.00.

Compare
SKU:0007860001098

Solution Manual for Accounting 29th Edition by Carl Warren

Table of Content

TOPIC 1: INVESTMENTS ASSIGNMENTS

B1–1
Held-to-maturity, trading, and available-for-sale securities

B1–2
The primary objective of investing in held-to-maturity securities is to earn interest revenue and collect the face value of the security at its maturity date.

B1–3
Cost method

B1–4
Held-to-maturity securities that will mature within one year are reported as current assets. Securities maturing beyond one year are reported as long-term assets.

B1–5 a.

b.

c.

d.

Investments—Vasquez City Bonds

420,000

Interest Receivable

6,300

Cash

Cash ($420,000 × 6% × 1/2)

12,600

426,300

Interest Receivable

6,300

Cash

Interest Revenue

Loss on Sale of Investments

208,950*

6,300

2,100

Interest Revenue

1,050

Investments—Vasquez City Bonds

210,000

* Sales proceeds ($210,000 × 99%)…………………………………… Accrued interest………………………………………………………… Total proceeds from sale………………………………………………

Cash
Investments—Vasquez City Bonds

$207,900 1,050 $208,950

210,000
210,000

Reviews

There are no reviews yet.

Write a review

Your email address will not be published. Required fields are marked *

Bestsellers

Quick Buy

Test Bank For Accounting for Governmental & Nonprofit Entities Jacqueline Reck 18 Edition

Original price was: $55.00.Current price is: $22.00.
(0 Reviews)
Digital item No Waiting Time Instant DownloadISBN10: 1260809951 ISBN13: 9781260809954
Quick Buy

Accounting , 29th Edition Carl Warren Test Bank

Original price was: $75.00.Current price is: $50.00.
(0 Reviews)
Quick Buy

Test Bank For Accounting 26th Edition Carl Warren James M Reeve Jonathan Duchac

Original price was: $55.00.Current price is: $40.00.
(0 Reviews)
Digital item No Waiting Time Instant DownloadISBN-13: 978-1285743615 ISBN-10: 128574361X
Quick Buy

Test Bank for Accounting, 27th Edition, Carl S. Warren, James M. Reeve Jonathan Duchac

Original price was: $55.00.Current price is: $40.00.
(0 Reviews)
Digital item No Waiting Time Instant DownloadISBN-13: 978-1337272094 ISBN-10: 1337272094
Quick Buy

Test Bank For Accounting for Decision Making and Control 9th Edition Zimmerman

Original price was: $55.00.Current price is: $19.00.
(0 Reviews)
Digital item No Waiting Time Instant DownloadISBN-13: 978-1259564550 ISBN-10: 9781259564550

 

 

Product has been added to your cart