A company issues £5,000,000, 7.8%, 20-year bonds to yield 8% on

January 1, 2022. Interest is paid on June 30 and December 31. The proceeds from

the bonds are £4,901,036. Using effective-interest amortization, how much

interest expense will be recognized in 2022?

Dodo Corporation incurred

the following costs in 2019:

Acquisition of R&D

equipment with a useful life of 4 years in R&D projects          $

Start-up costs incurred when opening a new plant                                                       140,000

Advertising expense to introduce a new product                                                            700,000

Engineering costs incurred to advance a product to full production

stage (economic viability not achieved) =

What amount should Dodo record as research

& development expense in 2019?

On January 1, 2022, Prasmul sold 12% bonds

with a face value of €600,000. The bonds mature in five years, and interest is

paid semiannually on June 30 and December 31. The bonds were sold for €646,200

to yield 10%. Using the effective-interest method of amortization, interest

expense for 2022 is

TechVision Co. sells luxury home entertainment systems with a one-year warranty. The company estimates warranty cost of €250 per unit sold. It reported a beginning warranty liability of €8,000,000.

Nuna Company had a $500 credit

balance in Allowance for Doubtful Accounts at December 31, 2024, before the

current year's provision for uncollectible accounts. An aging of the accounts

receivable revealed the following

For each

event listed below, select the appropriate category which describes the effect

of the event on a statement of cash flows:

Followings are the information of Dodo's assets on December 31, 2020

Match each of the following items with statement of financial position classification.

Dodo had the following account balances:

                  Sales revenue                          $  120,000

                  Cost of goods sold                         60,000

                  Salaries and wages expense         10,000

                  Depreciation expense                    20,000

                  Dividend revenue                             4,000

                  Utilities expense                               8,000

                  Rent revenue                                 25,000

                  Interest expense                            12,000

                  Sales returns                                  11,000

                  Advertising expense                      13,000

What

amount would Dodo report as