ACCT 551 RANK Start With a Dream /acct551rank.com ACCT 551 RANK Start With a Dream /acct551rank.com | Page 42

company to distributors for 30 cents each. The purchase price of
each download code to the company is $2.25. In addition, it costs 50
cents to distribute each code. The results of the premium plan for
the years 2014 and 2015 are as follows. (All purchases and sales are
for cash.)
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ACCT 551 Week 3 Homework P14-5, P14-6, P14-7
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P14-5 (Comprehensive Bond Problem) In each of the following
independent cases the company closes its books on December 31.
P14-6 (Issuance of Bonds between Interest Dates, Straight-Line,
Redemption) Presented below are
P14-7 (Entries for Life Cycle of Bonds) On April 1, 2014, Seminole
Company sold 15,000 of its 11% 15-year, $1,000 face value bonds at
97.
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ACCT 551 Week 4 Homework E15-2, E15-5, E15-6