Sparks Company received proceeds of $ 423,000 on 10-year , 8 % bonds issued on January 1 , 2013 . The bonds had a face value of $ 400,000 , pay interest annually on December 31st , and have a call price of 102 . Sparks uses the straight-line method of amortization . What is the carrying value of the bonds on January 1 , 2015 ?
Multiple Choice Question S . Lawyer performed legal services for E . Corp . Due to a cash shortage , an agreement was reached whereby E . Corp . would pay S . Lawyer a legal fee of approximately $ 15,000 by issuing 8,000 shares of its common stock ( par $ 1 ). The stock trades on a daily basis and the market price of the stock on the day the debt was settled is $ 1.80 per share . Given this information , the best journal entry for E . Corp . to record for this transaction is Multiple Choice Question 110 Logan Corporation issues 50,000 shares of $ 50 par value preferred stock for cash at $ 60 per share . The entry to record the transaction will consist of a debit to Cash for $ 3,000,000 and a credit or credits to
IFRS Multiple Choice Question 01 Jahnke Corporation issued 8,000 shares of € 2 par value ordinary shares for € 11 per share . The journal entry to record the sale will include Multiple Choice Question 80 Zoum Corporation had the following transactions during 2014 : 1 . Issued $ 125,000 of par value common stock for cash . 2 . Recorded and paid wages expense of $ 60,000 . 3 . Acquired land by issuing common stock of par value $ 50,000 . 4 . Declared and paid a cash dividend of $ 10,000 . 5 . Sold a long-term investment ( cost $ 3,000 ) for cash of $ 3,000 . 6 . Recorded cash sales of $ 400,000 . 7 . Bought inventory for cash of $ 160,000 . 8 . Acquired an investment in Zynga stock for cash of $ 21,000 . 9 . Converted bonds payable to common stock in the amount of $ 500,000 . 10 . Repaid a 6 year note payable in the amount of $ 220,000 . What is the net cash provided by financing activities ?