Answer:
Explanation:
The journal entry is shown below:
On September 30
Bonds payable A/c Dr $1,000,000
Loss on bond retirement A/c Dr $20,000
To Discount on Bond A/c $10,000
To Cash A/c $1,010,000
(Being the callable bond is recorded)
The computation is shown below:
For cash
= Par value of bond + Premium
= $1,000,000 + $10,000
= $1,010,000
For Loss, it would be
= $1,010,000 - $990,000
= $20,000
And, the remaining amount would be transferred to discount on bond
The correct answer is local government! I just took this class :)
movie theater tickets or a gym membership are both discretionary expenses.discretionary expenses can best be described as something that is a luxury
Business cycles b. follow a pattern of trough, expansion, peak, and recession.
<h3>What are business cycles?</h3>
Business cycles have different stages and follow a certain pattern for the most part.
This pattern includes going through a trough (depression) and then an expansion, a peak, and then a recession which will lead to the economy declining in productivity.
Find out more on business cycles at brainly.com/question/26086110
#SPJ1
The compound interest has the capacity to capitalize on the interest of the previous period, that is to say that it converts the interest earned in a period into capital for the following one, in this way the formula of the compound interest is:
Where 
is the future value or capital that will remain, 
the present or initial value, 
the interest rate per period and 
the number of periods to be capitalized, in this case we have a present value of <em>$2,500</em>, a quarterly rate of <em>7.3%</em> , that is to say <u>4 in a year</u>, as they are 5 years, we obtain <em>4 * 5 = 20</em> periods, with this we calculate
Answer
$<em> </em>10,231.39 will remain in the account
