ACC 304 Course Great Wisdom / tutorialrank.com ACC 304 Course Great Wisdom / tutorialrank.com | Page 259

valuation; costs subsequent to acquisition; and disposition of
plant assets.

Demonstrate, analyze, and explain the proper accounting for
depreciation, impairments, and depletion.

Use technology and information resources to research issues in
intermediate accounting.

Write clearly and concisely about intermediate accounting using
proper writing mechanics.
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ACC 304 Week 8 Chapter 14 Homework
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1)
Teton Corporation issued $704,000 of 9% bonds on
November 1, 2014, for $745,018. The bonds were dated
November 1, 2014, and mature in 8 years, with interest payable
each May 1 and November 1. Teton uses the effective-interest
method with an effective rate of 8%.