B bc it’s the right answer i just did it in my test
Answer:
interest rate is 2.25 %
Explanation:
given data
sell bond = $715
bond matures = 15 years
redeem = $1,000
solution
we apply here formula that is
amount = principal ×
................1
here put value and we get
1000 = 715 × (1+r)^{15}
=
solve it we get
r = 0.022617
so rate is 2.25 %
Answer:
Purchase of machinery
Explanation:
Once you have purchased for a machinery, you will earn the interst from the The profit the machine brings to you.
Answer:
Debit Accounts receivable 7,200
Credit Sales 7,200
Debit Cost of Merchandise Sold 3,950
Credit Merchandise Inventory 3,950
Explanation:
When Corbit corps sells merchandise on account it means that cash was not received for the transaction. So we debit accounts receivable (an asset account to indicate increase in amount receivable by us). A credit is now passed to sales to show increased sales.
On merchandise we debit cost of merchandise sold and credit Merchandise inventory (an asset account is credited to indicate reduction) to indicate merchandise has reduced.
Answer:
okay lol
Explanation:
answer my newest question and i'll give it to you <3