WebThis word problem asks us to solve for one possible solution (it asks for "a possible amount"), so we know right away that there will be multiple correct answers. Wyatt can husk at least 12 dozen ears of corn and at most 18 dozen ears of corn per hour. If he husks 72 dozen at a rate of 12 dozen an hour, this is equal to 72 / 12 = 6 hours. WebThe carrying value will continue to decrease as the premium account's balance decreases. When the bond matures, the premium account's balance will be zero and the bond's carrying value will be the same as the bond's principal amount. The premium amortized for the last payment should be the balance in the premium on bonds payable account.
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WebThe following table illustrates the effective interest rate method of amortizing the $3,851 discount on bonds payable: Column B shows the interest payments required by the bond contract: The bond's stated rate of 9% per year divided by two semiannual periods = 4.5% per semiannual period multiplied times the face amount of the bond. WebDec 3, 2024 · Here’s how it all comes together to calculate your inventory carrying costs as a percentage of total inventory value. Inventory carrying cost = inventory holding cost / total … phoenix az multifamily homes for sale
What is the carrying amount? AccountingCoach
WebDec 14, 2024 · What Amount should be Recorded as an Impairment Loss? Business assets should be properly measured at their fair market value before testing for impairment. If goodwill has been assessed and … WebCalculation of Carrying Amount Initial Measurement Equity method investments are initially recognized on the day the shares are purchased and are initially measured at cost, which is the purchase... WebMar 23, 2024 · Any reversal of an impairment loss for a cash-generating unit (CGU) must be allocated to the individual assets that make up the CGU (excluding goodwill). The entity is required to allocate the reversal of an impairment loss to the CGU’s assets pro rata to their carrying amounts. phoenix az luxury homes