Book Value > Cash Paid to Retire Bonds annual interest rate paid Sales Revenue – Credit Card and Sales Discount – Sales Returns and Allowances DR: Accounts Receivable, CR: Allowance for Doubtful Accounts; DR: Cash, CR: Accounts Receivable DR: Bad Debt Expense, CR: Allowance for Doubtful Accounts title of goods changes hands on delivery (company takes responsibility until the end of the journey) no assets are pledged as guarantee of repayment at maturity (Cost – Residual Value) * (1/ Useful Life) Principal * Annual Interest Rate* (Number of Months/ 12 months) The chance that the future event or events will occur is more than remote but less than likely that is disclosed on the footnote but not on the balance sheet expensed in the period incurred DR: Interest Expense, CR: Bond Discount, Cash : occurs when one company buys another company Book Value < Cash Paid to Retire Bonds DR: Cash, CR: Bond Premium, Bonds Payable ((Cost – Residual Value) / Estimated Total Production) * Actual Production series of consecutive, equal, periodic payments purchase transactions are recorded directly in an inventory account rate set by markets at the time of issuance (Cost – Accumulated Depreciation) * (2/Useful Life) (Beginning Inventory + Purchases of Merchandise during the Year) – Ending Inventory No up-to-date record of inventory is maintained during the year Raw Materials, Work in Process, and Finished Goods The chance that the future event or events will occur is slight that will not be recorded on the footnote or balance sheet equals the amount by which the purchase price exceeds fair market value of net assets acquired Current Assets - Current Liabilities title of goods changes hands at the shipping date (takes responsibility at the start of the journey) Inventory method ends up with a higher net income physical substance that includes land, buildings, equipment, etc. inventory method ends up with least income tax no physical substance that includes patents, copyrights, goodwill, etc. The chance that the future event or events will occur is high that appears as a liability on the Balance Sheet DR: allowance for doubtful accounts, CR: accounts receivable added to the asset account (capitalize) Book Value > Cash Paid to Retire Bonds annual interest rate paid Sales Revenue – Credit Card and Sales Discount – Sales Returns and Allowances DR: Accounts Receivable, CR: Allowance for Doubtful Accounts; DR: Cash, CR: Accounts Receivable DR: Bad Debt Expense, CR: Allowance for Doubtful Accounts title of goods changes hands on delivery (company takes responsibility until the end of the journey) no assets are pledged as guarantee of repayment at maturity (Cost – Residual Value) * (1/ Useful Life) Principal * Annual Interest Rate* (Number of Months/ 12 months) The chance that the future event or events will occur is more than remote but less than likely that is disclosed on the footnote but not on the balance sheet expensed in the period incurred DR: Interest Expense, CR: Bond Discount, Cash : occurs when one company buys another company Book Value < Cash Paid to Retire Bonds DR: Cash, CR: Bond Premium, Bonds Payable ((Cost – Residual Value) / Estimated Total Production) * Actual Production series of consecutive, equal, periodic payments purchase transactions are recorded directly in an inventory account rate set by markets at the time of issuance (Cost – Accumulated Depreciation) * (2/Useful Life) (Beginning Inventory + Purchases of Merchandise during the Year) – Ending Inventory No up-to-date record of inventory is maintained during the year Raw Materials, Work in Process, and Finished Goods The chance that the future event or events will occur is slight that will not be recorded on the footnote or balance sheet equals the amount by which the purchase price exceeds fair market value of net assets acquired Current Assets - Current Liabilities title of goods changes hands at the shipping date (takes responsibility at the start of the journey) Inventory method ends up with a higher net income physical substance that includes land, buildings, equipment, etc. inventory method ends up with least income tax no physical substance that includes patents, copyrights, goodwill, etc. The chance that the future event or events will occur is high that appears as a liability on the Balance Sheet DR: allowance for doubtful accounts, CR: accounts receivable added to the asset account (capitalize)
(Print)
Book Value > Cash Paid to Retire Bonds
annual interest rate paid
Sales Revenue – Credit Card and Sales Discount – Sales Returns and Allowances
DR: Accounts Receivable, CR: Allowance for Doubtful Accounts; DR: Cash, CR: Accounts Receivable
DR: Bad Debt Expense, CR: Allowance for Doubtful Accounts
title of goods changes hands on delivery (company takes responsibility until the end of the journey)
no assets are pledged as guarantee of repayment at maturity
(Cost – Residual Value) * (1/ Useful Life)
Principal * Annual Interest Rate* (Number of Months/ 12 months)
The chance that the future event or events will occur is more than remote but less than likely that is disclosed on the footnote but not on the balance sheet
expensed in the period incurred
DR: Interest Expense, CR: Bond Discount, Cash
: occurs when one company buys another company
Book Value < Cash Paid to Retire Bonds
DR: Cash, CR: Bond Premium, Bonds Payable
((Cost – Residual Value) / Estimated Total Production) * Actual Production
series of consecutive, equal, periodic payments
purchase transactions are recorded directly in an inventory account
rate set by markets at the time of issuance
(Cost – Accumulated Depreciation) * (2/Useful Life)
(Beginning Inventory + Purchases of Merchandise during the Year) – Ending Inventory
No up-to-date record of inventory is maintained during the year
Raw Materials, Work in Process, and Finished Goods
The chance that the future event or events will occur is slight that will not be recorded on the footnote or balance sheet
equals the amount by which the purchase price exceeds fair market value of net assets acquired
Current Assets - Current Liabilities
title of goods changes hands at the shipping date (takes responsibility at the start of the journey)
Inventory method ends up with a higher net income
physical substance that includes land, buildings, equipment, etc.
inventory method ends up with least income tax
no physical substance that includes patents, copyrights, goodwill, etc.
The chance that the future event or events will occur is high that appears as a liability on the Balance Sheet
DR: allowance for doubtful accounts, CR: accounts receivable
added to the asset account (capitalize)
