4 ) If bonds are initially sold at a discount and the straight-line method of amortization is used , interest expense in the earlier years will
5 ) The distribution of stock rights to existing common stockholders will increase paid-in capital at the
6 ) Treasury shares are shares
7 ) Which of the following is a contract-related intangible assets ?
8 ) Which of the following taxes does not represent a common employee payroll deduction ?
9 ) On January 1 , 2014 , Ellison Co . issued eight-year bonds with a face value of $ 4,000,000 and a stated interest rate of 6 %, payable semiannually on June 30 and December 31 . The bonds were sold to yield 8 %. Table values are :
Present value of 1 for 8 periods at 6 % . 627 Present value of 1 for 8 periods at 8 % . 540 Present value of 1 for 16 periods at 3 % . 623