You can verify that this bond will sell at $985.26. If the 10,000 bonds are issued, total bond proceeds will be $9,852,591. You will need to pass the following journal entry to record the issue of this bond:Bank $9,852,591 Bond discount $147,409 Bond payable $10,000,000...
What is the journal entry for receiving an amount of Rs. 1,000 from Paresh, which was previously written off as bad debts? What is the journal entry of paid to Mohan (creditor) on account? What is a journal entry for Vijaya Traders to become insolvent?
In comparison, non-retired treasury stock is held by the company for the time being, with the optionality to be re-issued at a later date if deemed appropriate. For example, non-retired shares can be re-issued and ultimately return to being traded in the open markets by: Dividends to Equ...
Like shares, Debentures may also be issued at a discount. Needless to mention here that Discount on Debenture is usually adjusted against allotment. It may also be adjusted against application. It may be mentioned in this respect that Debentures are shown at nominal/face val...
摘要:Many financial assets, especially government bonds, are issued by an auction. An important feature of the design is the auction pricing mechanism: uniform versus discriminatory. Theoretical papers do not provide a definite answer regarding the dominance of one type of auction over the other. ...
Indeed, any two different individuals have opportunities for mutually advantageous trade, even if and when one is better than the other at every single activity. The classic example of Comparative Advantages is that of a doctor who is better and faster than her secretary at everything the ...
The EVAL platform is an innovative venture that provides GECAS with the flexibility to finance future growth while serving as an entry point for CDPQ into the aircraft leasing and financing industry. "This platform will provide financing solutions to airlines to help support the growth of their ...
“the ratings agencies are, by their nature, reactive and nearly always behind the curve by at least six months. The main benefit of credit ratings is that they can prompt technical selling from ratings driven investors, which can give attractive entry points for contrarian investors like us”....
In such a scenario, the investment must be accounted for using fair value through profit and loss method. The journal entry at the time of purchase would be the same as in example above. The interest earned in first period and second period shall be recognized in income statement. No ...
for correlated assets. But correlation patterns can break down. One clearing house nearly went bust after a sole trader of European power was wrong footed by a long Nordic, short German power trade. The correlation discount suggests that the clearing house understated the risk of the trade. ...