I am happy to post this in two different posts! I just need the first few parts in order to ask the rest. If possible, please answer all

On January 1, 2018, Entity A issued 8% bonds dated January 1, 2018, with a face amount of $10 million. The bonds mature in 2022 (5 years). For bonds of similar risk and maturity, the market yield is 10%. Interest is paid semiannually on June 30 and December 31.

A. What was the issue price of the bonds?

B. Prepare the journal entry to record the bond issuance.

C. Prepare the journal entry to record interest on June 30, 2018, using the straight-line method.

D. Prepare the journal entry to record interest on December 31, 2018, assuming that Entity A had used the effective interest method from the inception. Prepare an amortization schedule similar to Illus. 14-6 on p. 776 to help.

E. Prepare a partial balance sheet showing the bonds at December 31, assuming that Entity A had used the effective interest method from the inception.

F. Why might a company utilize the straight-line method to amortize premium or discount? When is it permissible to do so?

Jokowi Bond Sdn Bhd (JBSB) produces a type of box which is sold for RM15 per unit. The normal annual production and sales for the boxes are 20,000 units.

The following data consist of costs incurred during the year ended 2018:

The management accountant of the company is proposing the following alternatives to increase sales for the year 2019 and to reduce the idle capacity:

• Reducing the selling price to RM12 per unit which would lead to an estimated increase in the sales volume by 15%.
• An increase in sales would result in an increase of direct labour cost per unit by 10%.
• Fixed manufacturing overhead   is also expected to increase to RM25,000 due to an aggressive advertising campaign planned to boost sales.

Required:

1. 1. Calculate the total variable cost per unit and total fixed expenses for the year 2018.
2. 2. Calculate break even unit and sales for 2018.             
   3. Calculate margin of safety in units and value for 2018.  
   4. Advise JBSB’s management on whether they should implement the proposal outlined above for the year 2019. (Show profit comparison).  

On March 1, 2018, Gold Examiner receives $149,000 from a local bank and promises to deliver 94 units of certified 1-oz. gold bars on a future date. The contract states that ownership passes to the bank when Gold Examiner delivers the products to Brink’s, a third-party carrier. In addition, Gold Examiner has agreed to provide a replacement shipment at no additional cost if the product is lost in transit. The stand-alone price of a gold bar is $1,410 per unit, and Gold Examiner estimates the stand-alone price of the replacement insurance service to be $90 per unit. Brink’s picked up the gold bars from Gold Examiner on March 30, and delivery to the bank occurred on April 1.

Required:
1. How many performance obligations are in this contract?
2. Prepare the journal entry Gold Examiner would record on March 1, March 30 and April 1.

(1Record the receipt of cash by Gold Examiner March 01, 2018,

2.Record any necessary entry when Brink's has picked up the gold bars from Gold Examiner March 30, 2018

3. Record any necessary entry upon delivery of the gold bars to the bank. April 01, 2018)

Search the internet to find Apple’s fiscal year 2018 annual financial statements. Suggested steps to follow when doing your internet search: Search for Apple Investor Relations, SEC Filings, Annual Filings, 10-K. Once you have arrived there, see the index to help to locate the financial statements. Watch the dates, that is important! For fiscal year end 9/29/2018 and 9/30/2017 answer the following questions.

Name of the financial statement you located the following information on. How many shares of common stock are authorized for fiscal year end 9/30/2017 and 9/29/2018?

How many shares of common stock are issued and outstanding for 9/29/2018?

How many shares of common stock are issued and outstanding for 9/30/2017?

If a financial statement reader wants to see the detail of change in number of shares of stock from the beginning of each year to the end of each fiscal year, which financial statement would he/she refer to?

why Apple’s fiscal year end does not always fall on the same day. Hint: to research this review Apple’s 10-K Part I, Item 1.

Milani, Inc., acquired 10 percent of Seida Corporation on January 1, 2017, for $196,000 and appropriately accounted for the investment using the fair-value method. On January 1, 2018, Milani purchased an additional 30 percent of Seida for $647,000 which resulted in significant influence over Seida. On that date, the fair value of Seida's common stock was $2,050,000 in total. Seida's January 1, 2018 book value equaled $1,900,000, although land was undervalued by $131,000. Any additional excess fair value over Seida's book value was attributable to a trademark with an 8-year remaining life. During 2018, Seida reported income of $342,000 and declared and paid dividends of $102,000. Prepare the 2018 journal entries for Milani related to its investment in Seida. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

On January 1, 2018, Bluewater Ltd. purchased 50% of the outstanding common shares of Huey Corp. for $500,000 cash and has the ability to significantly influence Huey Corp.'s financial and operating policies. At the date of acquisition of the shares, Huey Corp.'s net assets had a fair value of $700,000. Their carrying value was $200,000. The difference was attributable to the fair value of Huey Corp.'s buildings and its land exceeding carrying value, each accounting for one half of the difference. Huey Corp.'s net income for the year ended December 31, 2018, was $90,000. During 2018, Huey Corp. declared and paid cash dividends of $10,000. The buildings have a remaining life of 10 years.

Note: Bluewater Ltd. follows IFRS.

Instructions:

1. Journalize all entries relevant for Bluewater Ltd. during 2018, also accounting for this investment with the equity method.

2. Determine the investment amount to be reported on Bluewater Ltd.'s balance sheet.

3. Determine the investment revenue amount to be reported on Bluewater Ltd.'s income statement.

4. Determine the investing activities amount to be reported on Bluewater Ltd.'s cash flow statement.

Stan Eckhardt, aged 57, received a superannuation lump sum of $310,000 from his superannuation fund upon retirement on 15 April 2018. PAYG tax of $28,170 was withheld from the lump sum. The lump sum comprised entirely of an element taxed in the fund.

Stan also received gross wages of $85,000 up to the date of his retirement.  PAYG tax of $22,110 was withheld from Stan’s wages. Stan has adequate private health insurance.

Required:

1. Calculate Stan’s taxable income for the 2017/18 tax year.

This is the answer for part (a) which I have it right answered Below:

Computation of taxable income for 2017-2018 :

Receipt from Super Annuation fund = $310,000

Receipt from annual wages  = $85,000

Total income for the year 2017-2018= $395,000

Total taxable income for 2017-2018- $ 395,000

Note: In the United States of America Super annuation fund is not tax deductible and hence any receipt from super annuation fund is taxable in the year of receipt.

I only need help with part b

b ) Calculate Stan’s net tax payable or refundable for the 2017/18 tax year.

Assignment in Calculating Rates of Return

A. From a financial news service you summarized the following information on Barlow Corporation.

Year           Dividend paid   Stock price, BOY

2013          $ 2.50              $38.25

2014             2.52                 40.75

2015                    2.65                 42.14

2016             2.85                 38.66

2017               2.85                              31.95

2018             2.90             47.47

Required:

1. Calculate the periodic rate of return for each of the years 2013-2017. (Why can’t you do so for 2018?)
2. Calculate the arithmetic mean return for the five-year period.
3. Calculate the geometric mean return (i.e., the compounded annual rate) for the period.

B. Dan bought an apartment complex at the beginning of 2013, paying $215,000 for the property. The after-tax cash flows and the property value at the end of each year was as follows:

Year           AT Cash flows        Value of property, EOY

2013          $25,000           $230,000

2014          28,500          270,000

2015                30,000      320,000

2016          28,000          280,000

2017              46,000          330,000

2018          38,000       375,000

Required:

1. Calculate the periodic rate of return for each of the years 2013-2018.

2. Calculate the arithmetic mean return for that same period.

3. Calculate the geometric mean return (i.e., the compounded annual rate) for the period.

In 2018, X Company's revenue-based profit function was 0.35R - $76,800. Only one change is expected in 2019, a 10% decrease in total fixed costs. What must revenue be in 2019 for X Company to earn $38,000?

In 2018, X Company sold 5,000 units of its only product for $35.70 each. Unit costs were as follows:

In 2019, the selling price, variable costs per unit, and total fixed costs are not expected to change. Assuming a tax rate of 31%, how many units must X Company sell in 2019 in order to earn $64,000 after taxes?

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X Company, a merchandiser, had the following income statement for 2018:

$97,828 of the cost of goods sold were variable, and $28,423 of the other operating expenses were variable. If cost behavior in 2019 is expected to continue as it did in 2018, what must total sales be in 2019 in order for X Company to break even?

29). In December of this year, Sam and Esterina, a married couple, redeemed qualified Series EE U.S. Savings Bonds. The proceeds were used to help pay for their daughter's college tuition. Sam and Esterina received proceeds of $12,000 representing principal of $9,000 and interest of $3,000. The qualified higher educational expenses they paid this year totaled $9,000. Their AGI is for 2018 is $129,550. What is the amount of interest income Sam and Esterina can exclude from their income this year?

A) $1,000

B) $1,500

C) $2,750

D) $3,000

30) In December 2018, Tatiana, a cash-basis taxpayer, rents an apartment to Hakeem. Tatiana receives both the first and last months' rent totaling $2,000 plus a security deposit of $500. The amount of income reported by Max as taxable in 2018 is

A) $400.

B) $1,000.

C) $2,000.

D) $2,500.

31) Miguel and Maria are married. Miguel’s salary is $70,000. His tax withholding is $10,000. Maria’s salary is $80,000. Her tax withholding is $12,000. They have itemized deductions of $30,000. If they file Married Filing Joint for 2018, what is their tax refund or tax amount that is

owed to the IRS?

1. Owe $3,231 in tax.
2. Owe $3,538 in tax
3. Have a refund of $3,721
4. Have a refund of $4,042.