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1 year ago

What quickbooks task stores information about customers, vendors, employees, services, and more?

Business

1 answer:

Rufina [12.5K]1 year ago

8 0

List QuickBooks task stores information about customers, vendors, employees, services, and more.

vendors:

A vendor, sometimes referred to as a supplier, is a person or business that sells goods or services to another party in the chain of economic production.
A vendor is an individual or company that buys products and services from distributors and resells them to customers or other companies. Manufacturers, wholesalers, retailers, service and maintenance companies, independent vendors, and trade show representatives make up the five different categories of vendors.
A vendor is a person, group of people, or other legal entity who produces things or sells services to customers or other business owners (often under a business name). The vendor is not need to be a manufacturer and need not produce their own items.

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Enviro Company issues 8%, 10-year bonds with a par value of $300,000 and semiannual interest payments. On the issue date, the an

elena55 [62]

Answer:

1. Issuer's cash is $262,500

2. Total amount of bond interest is $277,500

3. The amount of bond interest expense is $13,875.

Explanation:

1. Issuer's cash = Face Value × Selling Price

Issuer's cash = $300,000 × 87.50%

Issuer's cash = $262,500

2. Discount on bond = $300,000 × 12.5% = $37,500

Interest on bond = $300,000 × 8% = $24,000

Period of bonds= 10 years

Total amount of bond interest = Discount on Bond + (Interest on Bond × period)

Total amount of bond interest = $37,500 + ($24,000 × 10)

Total amount of bond interest = $277,500

3. Discount on bond = $300,000 × 12.5% = $37,500

Interest on bond = $300,000 × 8% = $24,000

Period = 0.5 years

The amount of bond interest expense = (Discount of Bond ÷ 20) + Interest

The amount of bond interest expense = ($37,500 ÷ 20) + ($24,000 × 0.5)

The amount of bond interest expense = $1,875 + $12,000

The amount of bond interest expense = $13,875.

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Answer:

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Explanation:

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