This assignment solution provides detailed answers to three questions from Intermediate Accounting II. Solution 1 focuses on treasury stock transactions, including journal entries for purchases and reissuance, and a calculation of balances in equity accounts. Solution 2 addresses bond valuation, including present value calculations, equity portions, and journal entries for convertible bonds, covering issuance, interest expense, and conversion to equity, as well as accounting for bond redemption. Solution 3 delves into deferred taxes, explaining temporary and permanent differences, providing calculations for taxable income and tax liability, and journal entries to record income tax expense. The solutions offer a comprehensive review of key accounting concepts related to equity, debt, and income taxes.
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