1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
beks73 [17]
2 years ago
11

Using the interest method, the journal entry to record the first interest payment and the related amortization for bonds issued

at a premium includes a __________ to __________.
debit; Premium on Bonds Payable
debit; Cash
credit; Premium on Bonds Payable
credit; Interest Expense
Business
1 answer:
slavikrds [6]2 years ago
6 0
A. Debit; Premium on Bonds Payable
You might be interested in
I am having to create a presentation about myself and i dont know what to do it about? I NEED YOUR HELP!!!!
In-s [12.5K]

Maybe talk about how you're life has been, or what you struggle with and wish to move on from it. Be creative ideas are endless! Or base it on a topic about your life. For example, if you've ever gotten bullied talk about how you felt through that time.

8 0
2 years ago
Read 2 more answers
The ACME company manufactured x brooms per month from January to April, inclusive. On the first of each month, during the follow
Papessa [141]

Solution:

Pick some smart number for x,

let x=2 (I chose x=2 as in this case monthly shipments would be X/2=1).

From January to April, inclusive 4x=8 brooms were produced and

in May the company paid for storage of 8-1 =7 brooms,

in next month for storage of 6 and so on.

So the total storage cost would be:

= 1 ∗ (7+6+5+4+3+2+1+0)

= 28

--> as x=2 , then 28 = 14x

So the answer is 14x

4 0
3 years ago
The current sections of Birmingham Inc.’s balance sheets at December 31, 2019 and 2020, are presented here. Birmingham’s net
jekas [21]

Answer:

Net Income 193,000

Non-monetary terms:

Depreciation expense    25,000

amortization expense       10,000

gain on disposal          <u>     (7,000)   </u>

Adjusted Income            221,000

Change in Working Capital:

Increase in A/R        (27,000)

Decreasein Inv          17,000

Increase in Prepaid   (5,000)

Increase Accrued /P   11,000

Decreasein A/P         (6,000)

Change In Working Capital     (10,000)

From Operating Activities    211,000

Investing

Sale of Equipment  47,000

Financing

Bonds Issued   60,000

Cash Flow              318,000

Beginning Cash   99,000

Cash Flow           318,000

Ending Cash        417,000

Explanation:

We first remove the non.monetary concetps from the net income.

Then we adjust for the change in working capital which are the incrase and decrease in the current assets and liabilities account

Increase in asset and decrease in liabilities represent cash outflow

while the opposite is true when an asset decrease(convert to cash) or a liablity increase (delay of the payment)

6 0
3 years ago
Tristan owns a local flower shop. His customers are already finding him online, but he's curious whether Google My Business can
Tema [17]

Answer: By responding to reviews

Explanation:

Google my business can also help Tristan respond to reviews/comments made by customers online about his business. Google my business is a tool which business owners make use of, to make their business easily accessible when searched about online and it provides a section for reviews which a business can respond to.

4 0
3 years ago
The vice-president of HR for Health Wizard, Inc. is designing a performance appraisal system that includes subordinate ratings o
Svetllana [295]

The vice-president of HR for Health Wizard, Inc. is designing a performance appraisal system that includes subordinate ratings of their supervisors.The supervisors are concerned about this and have raised all of the following objections EXCEPT (d) the concern that they will be rated on how nice they are to subordinates rather than their true supervisory performance

Explanation:

The rating of the sub-ordinates by their supervisors can not be considered as a perfect way for performance appraisal because it will be over-focused on the behavior of the sub-ordinate with their supervisors rather than the on the job performance.

The sub-ordinates who follow all the commands of their supervisors will be rated high rather than those who perform well on the task given to them

So the answer to the above question is (d)   the concern that they will be rated on how nice they are to subordinates rather than their true supervisory performance

8 0
3 years ago
Other questions:
  • If the effects of pollution on society as a measure of welfare were included in GDP calculations, that measure level of GDP woul
    11·1 answer
  • What is the third stage of the rational model of decision making? Identify the problem or opportunity. Implement and evaluate th
    11·2 answers
  • Arthur is 10 years old. Tuition for one year at a public two-year college is $3,125. In 8 years, tuition is expected to increase
    7·2 answers
  • Using a change in supply and/or demand, explain the following phenomena: a. All else constant, gasoline prices are higher in sum
    11·1 answer
  • Which of the following movements started in Great Britain in the early 1980s when then Prime Minister Margaret Thatcher started
    6·1 answer
  • jill's employer has a compensation package that includes vacation pay, retirement, and life insurance but allows all employees t
    6·1 answer
  • Lists two things that both increase the money supply?
    13·1 answer
  • Financial assistance intended to aid students in reaching their educational goals is called _____.
    6·2 answers
  • On January 1, Sharp Company purchased $50,000 of Sox Company 6% bonds, at a time when the market rate was 5%. The bonds mature o
    7·1 answer
  • When Kenneth called Southern Security to buy a safe in which to store important personal documents and possessions, he most like
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!