mba-560 unit 4 problems

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unit_4_templates_p_7-38_and_p_8-19.xlsx
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P 7-38

MBA560 Student name
P 7-38, page 283
a. Date Cash Interest Premium Carrying Value
Payment Expense Amortization
1-Jan-12 103,993
31-Dec-12 9,000 8,319 681 103,312 This line is completed as an example.
31-Dec-13 9,000 8,265 735 102,577
31-Dec-14 9,000
31-Dec-15 9,000
31-Dec-16 9,000
Totals 45,000 41,007 3,993
face amount 100,000
stated int rate 0.09
b.
Balance Sheet - Bond Payable effective int rate 0.08
premium or discount 681 103,993
c.
Income Statement - Bond Interest Expense
d. SCF - Operating Cash Interest Paid

P08-19

Student Name:
Class:
Problem 08-19
Requirement a.
MIDWEST CORP.
Accounting Equation 2012
Assets = Liabilities + Stockholders' Equity
Event Dividends Preferred Common PIC in PIC in Treasury Retained App. Ret. Acct. Title
No. Cash Payable Stock + Stock + Exc. PS + Exc. TS - Stock + Earnings + Earnings R/E
1

x: Enter the appropriate amount or NA for not affected.
x: Enter the appropriate amount or NA for not affected.
x: Enter the appropriate amount or NA for not affected.		 2
3
4
5
6
7a
7b
8
Bal. = + + + + - + +
Requirement b.
MIDWEST CORP.
Partial Balance Sheet
As of December 31, 2012
Stockholder's Equity
Preferred Stock, $30 stated value, 2,000
shares issued and outstanding.

A satisfied Microsoft Office user: Enter the appropriate data in the yellow cells. Your entry for "Total Stockholders' Equity" will be verified.
x: Enter the appropriate amount or NA for not affected.
x: Enter the appropriate amount or NA for not affected.
x: Enter the appropriate amount or NA for not affected.
x: Enter the appropriate amount or NA for not affected.
x: Enter the appropriate amount or NA for not affected.
x: Enter the appropriate amount or NA for not affected.		 Common Stock, $10 par value, 20,000 shares
issued and 19,800 outstanding.
Paid-In Capital in Excess of SV-Preferred Stock
Paid-In Capital in Excess of Cost-Treasury Stock
Total Paid-In Capital
Retained Earnings
Appropriated
Unappropriated
Total Retained Earnings
Less: Treasury Stock (200 shares)
Total Stockholder's Equity

Sheet2

Sheet3