Aof Panel

Soru 1

On 7 February, 2019 Anadolu Co. paid 150,000 TL including brokerage commissions, taxes and other fees and bought 20% of AOF Corporation. On December 31, AOF Corp. has reported 250,000 TL net income for 2019.

Which of the following is the required entry in balance sheet of Anadolu Co. on December 31?

Soru 2

Which of the following is not a good reason why companies invest?

Soru 3

Which of the following consist of an expected outflow of resources arising from present obligations that are payable within a year or the operating cycle of the company whichever is longer?

Soru 4

Which of the following is a contract or loan agreement under which the bonds are issued?

Soru 5

Which of the following is called for bonds issued in the name of the owner?

Soru 6

Which of the following is called for bond issues that mature in installments?

Soru 7

Anadolu Co. issued 200,000 TL of 12% 5 year bonds on January 1, 2019, interest is payable annually. Market interest rate was 10%. The principal amount borrowed will be paid back once at maturity. Calculate the selling price of bonds and make the necessary journal entry as of the issue date.

Soru 8

On January 2, 2019 Anadolu Co. issued bonds for 150,000 TL due in 5 years with 12 percent interest payable annually. At the time of issue market rate for such bonds is 12 percent. The principal amount borrowed will be paid back once at maturity. Calculate the present value (selling price) of the bonds.

Soru 9

On January 2, 2019 Anadolu Co. issued bonds for 100,000 TL due in 5 years with 8 percent interest payable semiannually. At the time of issue market rate for such bonds is 6 percent. The principal amount borrowed will be paid back once at maturity. Calculate the present value (selling price) of the bonds.

Soru 10

On January 2, 2019 Anadolu Co. issued bonds for 100,000 TL due in 5 years with 8 percent interest payable semiannually. At the time of issue market rate for such bonds is 10 percent. The principal amount borrowed will be paid back once at maturity. Calculate the present value (selling price) of the bonds.

Soru 11

Anadolu Co. borrowed 10,000 TL from AOF Co. as of January 2, 2019, in return signed a three year, 10 percent annually interest bearing note. The market rate for a note of similar risk is 12 percent. Calculate the first year interest expense.

Soru 12

Which of the following is called for bonds not backed by collateral?

Soru 13

What are the bond issues that mature in installments called?

Soru 14

Which of the following statements is the main characteristics of bearer bonds?

Soru 15

When selling price of a bond is different from its face value, which of the following is correct?

Soru 16

Which of the following can be inferred for the bonds issued at face value?

Soru 17

Which of the following situations is the result of amortization of a discount?

Soru 18

What is the face amount minus any unamortized discount or plus any unamortized premium?

Soru 19

Which of the following about long term notes is false?

Soru 20

What is the effective interest method?

MUHASEBE II - Deneme Sınavı - 16