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SVETLANKA909090 [29]
2 years ago
6

When the market rate is 12%, a company issues $50,000 of 9%, 10-year bonds and pay interest semiannually. When the bonds mature,

the issuer records its payment of principal with a debit to _______ in the amount of _______.
Business
1 answer:
olya-2409 [2.1K]2 years ago
8 0

When the market rate is 12%, a company issues $50,000 of 9%, 10-year bonds and pay interest semiannually. When the bonds mature, the issuer records the journal entry of its payment of principal with a debit to cash in the amount of $50,000.

<h3>What is a journal entry?</h3>

A systematic way of making and maintaining the record of the financial transactions in the journal books of an organization, with a proper narration of the same, is known as a journal entry.

Hence, option C holds true regarding the journal entry.

Learn more about a journal entry here:

brainly.com/question/20421012

#SPJ1

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Quota in a small country Suppose a small country imposes a quota that reduces imports of a good by 50 units and raises the price
Aleksandr-060686 [28]

Answer:

<em>The net welfare loss is $250</em>

Explanation:

<em>The Quota of a country imposes  the  importation of goods for business men or traders. if at any selling price from the example given that, if the system reduces imports  by 50 units, therefore, lets assume  linear supply and demand curves as follows,</em>

<em>quota of imports of good multiply by the price been raised 5$= 250$ is the net welfare loss.</em>

3 0
3 years ago
Read 2 more answers
3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification
Mazyrski [523]

<u><em>Explanation</em></u>:

<u>(a) FIFO</u>

In using this method we calculate cost based on the price of the earliest (first) purchased inventory date.

(b) LIFO

Here we calculate cost by using the price of the most recent (last) purchased inventory date. eg for inventory cost calulations for March 9 we use the price value of March 29

(c) weighted average

This meeting uses the average cost of the entire inventory in the month. Calculated by dividing total cost by today inventory.

(d) specific identification.

Here cost are just assigned to each individual item or batch of items in the period.

6 0
3 years ago
The manager of Steve's Audio has approved Daisy's application for 24 months of credit with maximum monthly payments of $45. If t
zimovet [89]
The correct answer is e
6 0
3 years ago
Which of the following statements regarding the accounting for business combinations is false?
steposvetlana [31]

Answer:

Option A

Explanation:

Although goodwill is the difference between the consideration transferred by the acquirer to the acquiree it is not the fair value of the identifiable assets acquired rather it is the fair value of the net assets acquired.

The difference is fair value of identifiable assets is the value of the assets at some point of time which is expected to provide some future benefits.

The fair value of the net assets acquired is the total of the fair value of net assets minus liabilities.

7 0
3 years ago
Isabel invested in four-stock portfolio; she invested 20 percent of her money in Stock A, 30 percent of her money in Stock B, 25
expeople1 [14]

Answer: 1.50

Explanation:

Isabel's portfolio beta is a weighted average of the individual stock betas.

= Weight of stock A * Stock A beta +  Weight of stock B * Stock B beta +  Weight of stock n * Stock n beta

= (20% * 0.4) + (30% * 1.2) + ( 25% * 2.5) + (25% * 1.75)

= 0.08 + 0.36 + 0.625 + 0.4375

= 1.5025

= 1.50

5 0
3 years ago
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