Presented below are long-term liability items for Beun Company at December 31, 2012. Prepare the long-term liabilities
Question:
Presented below are long-term liability items for Beun Company at December 31, 2012. Prepare the long-term liabilities section of the balance sheet for Beun Company.
Bonds payable, due 2014 $500,000
Lease liability 70,000
Notes payable, due 2017 80,000
Discount on bonds payable 45,000
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 71% (7 reviews)
longterm liabilities section of the balance sheet for ...View the full answer
Answered By
Teresa ochieng
I have had several years of experience working as a tutor, both in person and online. I have worked with students of all ages and abilities, and have consistently received positive feedback from students and their parents.
As a tutor, I have honed my skills in breaking down complex concepts and explaining them in a way that is easily understood by my students. I am patient and understanding, and I am always willing to go the extra mile to help my students succeed.
I have a strong track record of helping my students improve their grades and test scores, and I have a passion for helping students reach their full potential. I have experience tutoring a wide range of subjects, including math, science, English, and history, and I am comfortable working with students at all levels.
Overall, I believe that my hands-on experience and proficiency as a tutor make me an excellent candidate for the SolutionInn Online Tutoring Platform. I am confident that I can provide valuable support and guidance to students who are looking to improve their academic performance.
0.00
0 Reviews
10+ Question Solved
Related Book For
Accounting Principles
ISBN: 978-0470534793
10th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
Question Posted:
Students also viewed these Business questions
-
Lorenzo-Netto, Srl, operates a brushless car wash. Incoming cars are put on an automatic, continuously moving conveyor belt. Cars are washed as the conveyor belt carries the car from the start...
-
Xander Ltd experienced a fire on 30 June 2016 in which its financial records were partially destroyed. It has been able to salvage some of the records and has ascertained the following balances....
-
In its long-term liabilities section of its balance sheet at December 31, 20X1, Columbo Company reports a long-term operating lease liability of $82,004, net of the current portion of $13,327....
-
In Exercises 7681, find the domain of each function. g(x) = 4 x - 7
-
What is a three-tier architecture?
-
(a) A pair of signals si (t) and s k (t) have a common duration T. Show that the inner product of this pair of signals is given by below, where si and sk are the vector representations of si (t) and...
-
With reference to Exercise 2.12, which pertained to the particle size of cement dust in a factory producing cement, use the sign test at the 0.05 level of significance to test the null hypothesis...
-
When Sara Yus father died suddenly, Sara had just completed the semester in college, so she stepped in to run the family business, AAA Couriers, until it could be sold. Under her fathers direction,...
-
Common - Size Balance Sheets Following is the balance sheet for 3 M Company. Prepare common - size balance sheets for 2 0 1 4 and 2 0 1 3 . Round answers to one decimal place. ( i . e . , 0 . 8 8 6...
-
The following are the financial statements relating to Black, a limited liability company, and its subsidiary company Bury. STATEMENTS OF PROFIT OR LOSS FOR THE YEAR ENDED 31 OCTOBER 20X5 Black Bury...
-
Did PepsiCo redeem any of its debt during the fiscal year ended December 26, 2009? (Hint: Examine PepsiCos statement of cash flows.)
-
Recognize that these individuals are often a team of IT managers and skilled professionals in a number of areas: systems design, programming, and networks at a minimum. Establish an understanding...
-
Briefly describe or define (a) Liquid-junction potential. (b) Asymmetry potential.
-
USE THE DATA IN THE TABLE BELOW TO ANSWER THE FOLLOWING 3 QUESTIONS NikoJokic, Inc. Balance Sheets for the Years Ending December 31, (All amounts are in dollars) Cash Accounts receivable Inventory...
-
Consider the system shown in Figure 2.1, where H(w) is a lowpass filter with cutoff frequency at 0.27. The spectrum of x[n] is given in Figure 2.2. Assume the frequency response of the overall system...
-
Discuss them generally and elaborate properly both of them, but separately Compare scheduling project time and resource manually and using project management software.
-
Unless otherwise stated, for Problems 5, 6 EURJPY spot = 130.00 EUR rates = JPY rates = 0, in perpetuity Expiry for each forward contract = 3 months Expiry for each option = 3 months Notional for...
-
Factor by grouping. 2-2x+x2-x3 X
-
Since laboratory or field experiments are generally expensive and time consuming, geotechnical engineers often have to rely on empirical relationships to predict design parameters. Section 6.6...
-
You have just begun your summer internship at Omni Instruments. The company supplies sterilized surgical instruments for physicians. To expand sales, Omni is considering paying a commission to its...
-
Cawley Company makes three models of tasers. Information on the three products is given below. Fixed expenses consist of $300,000 of common costs allocated to the three products based on relative...
-
Twyla Company operates a small factory in which it manufactures two products: C and D. Production and sales results for last year were as follows. For purposes of simplicity, the firm averages total...
-
Twyla Company operates a small factory in which it manufactures two products: C and D. Production and sales results for last year were as follows. For purposes of simplicity, the firm averages total...
-
A stationary random signal X(t) has autocorrelation function Rxx (7) = 10 exp(-|7|). It is added to white noise [independent of X(t)] for which N/2 = 103 and the sum is applied to a filter having a...
-
Suppose A is an m x n matrix, where m
-
Consider the following integral: ex sin(x) I = dx 1+x 0 1. Compute the integral 11/3 using a single application of Simpson's 1/3 rule 2. Compute the integral 13/8 using a single application of...
Study smarter with the SolutionInn App