Answer:
Supplies Expense 1625 Dr
Supplies Account 1625 Cr
Explanation:
First, we need to determine the supplies expense for the period. The supplies expense can be calculated by deducting the year end supplies balance from the supplies account balance.
The supplies expense = 2600 - 975 = $1625
The adjusting entry that will be made at the end of the period is,
Supplies Expense 1625 Dr
Supplies Account 1625 Cr
Answer:
$146.932,81
Explanation:
You have to calculate the number of years that you have to keep the bond to mature, the answer is 5 years that is the difference between the two dates, now you have to calculate with the interest compound formula the future value of the bond so you have to use the next formula:
Future value = amount of money *((1+ interest rate)^(n))
Where n correspond to the number of years
Note: The interest rate is 8% but is paid each 6 months, it's a reason why you have to multiply n plus 2.
n= 5* 2
n= 10
FV= 100.000*((1+8%)^(10))
FV = $215.892,50
According with the information the bond will pay $215.892,50
Answer:
The correct answer is option A.
Explanation:
US imports refer to the goods and services that are produced in some countries other than the US. These goods are then sold in the US. The imports for the US are exports for the country that is producing those goods and services.
While the goods and services that are produced in the US and sold in some other country are exports for the US and imports for the purchasing country.
Answer:
$50
Explanation:
Jim buys a 5% bond
The amount is $100
The market interest rate increases to 10%
Therefore the price at which the bond cann be sold is calculated as follows
= 5×100
= 500×0.01
= 50
Hence it can be sold for $50
