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disa [49]
3 years ago
11

On August 1, Year 1, Ant Company sold Bee Company $1,500,000 of 10-year, 6% bonds, dated July 1 at 100 plus accrued interest. On

March 1, Year 2, Bee sold half of the bonds for $782,500 plus accrued interest. Present entries to record the following transactions:
Bee Company:

a. Purchase of bonds on August 1, Year 1.
b. Receipt of first semiannual interest amount on December 31, Year 1.
c. The sale of the bonds on March 1, Year 2.

Business
1 answer:
avanturin [10]3 years ago
8 0

Answer:

please find solution in the attached picture

Explanation:

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Assume that China imports a significant amount of coffee beans from Vietnam.
kari74 [83]

Option E , ASEAN trading bloc would reduce trade barriers between China and Vietnam

Explanation:

The Association is a national intergovernmental body of ten countries in Southeast Asia that promotes intergovernmental cooperation and facilitates the integration of its members and others in the Asian economy, diplomacy, defense, the army, education and social-culture.

In and beyond the Asia-Pacific region, ASEAN regularly engages with other countries. ASEAN is a major partner in the Shanghai Cooperation Organization and operates a global network of allies and dialog members, many of them considered a financial superpower and central Asia-Pacific co-operation union.

The ASEAN Secretariat is headquartered in Jakarta, Indonesia, and is involved in numerous international affairs, and holds diplomatic missions all over the world.

8 0
3 years ago
The U.S. fiduciary monetary system: a. is one where money is not convertible to a valuable commodity such as gold. b. is the one
Minchanka [31]

The U.S. fiduciary monetary system is one where money is not convertible to a valuable commodity such as gold.

Option a

<u>Explanation: </u>

In fiduciary monetary system, the money is issued by the government and the value of the money depends uniquely on faith of the public that the currency represents command over services and goods.  The word fiducia is from Latin and it means trust or confidence.

Fiduciary money includes demand deposits of banks namely checking accounts. Fiduciary money is accepted depending on the trust its issuer commands.

The fiduciary currency is supplied in the economy by Fed. Fiduciary money can be classified into two categories namely,

  • Paper money - Includes all the banknotes  
  • Divisional currency  - Includes all the coins

8 0
3 years ago
You would like to buy shares of Sirius Satellite Radio (SIRI). The current ask and bid quotes are $4.30 and $4.27, respectively.
erica [24]

Answer:

$2,666

Explanation:

Given that:

  • Current ask price: $4.30
  • Bid quotes $4.27
  • Market buy order: 620 shares

So, the cost to buy these shares:

Number market buy order * Current ask price/share

= 620*$4.30

= $2,666

Hope it will find you well.

5 0
3 years ago
Horace is trying to start a business. He knows several accredited investors who he knows will help him jumpstart his business. W
Nata [24]

Answer:

Investors may invest a combined $50 million within a 12-month period.

Explanation:

According to the section, there are two pricing rates in Regulation A In the 1st Tier, for offering upto $20 million over a 12-month span and another 2nd Tier, for offerings upto $50 million over a 12-month period.

Therefore, as per the given situation the right answer is Investors are permitted to invest a combined $50 million over a 12-month period.

6 0
3 years ago
Which career professionals would typically work in their own private office?
frosja888 [35]

Its actually <em><u>A) Office Managers and Human Resource workers</u></em>

6 0
3 years ago
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