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strojnjashka [21]
3 years ago
9

1. Swifty Corporation redeemed $132,200 face value, 11% bonds on June 30, 2020, at 107. The carrying value of the bonds at the r

edemption date was $119,200. The bonds pay annual interest, and the interest payment due on June 30, 2020, has been made and recorded.
2. Crane Company redeemed $145,000 face value, 18% bonds on June 30, 2020, at 94. The carrying value of the bonds at the redemption date was $148,000. The bonds pay annual interest, and the interest payment due on June 30, 2020, has been made and recorded.
Business
1 answer:
Tasya [4]3 years ago
3 0
The anwser is $14,928
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A____helps a society provide for the wants and needs of Its people.
Oksanka [162]

Answer:

Government

Explanation:

6 0
3 years ago
Crestfield leases office space. On January 3, the company incurs $22,000 to improve the leased office space. These improvements
BabaBlast [244]

Answer:

Journal 1

Office Improvements $22,000 (debit)

Cash $22,000 (credit)

<em>Being recognition of the Capital expenditure </em>

Journal 2

Depreciation expense $ 2,200 (debit)

Accumulated Depreciation - Office Improvements $ 2,200 (credit)

<em>Being Using the 10 years remaining on its lease to depreciate the lease</em>

Explanation:

The improvements to leased offices are of a Capital Nature. Thus thus is a capital expenditure not a revenue expenditure.

Any improvements made on the leased property belongs to the lessor and thus the lessee will still be bound by the lease period.

<u>In the year of improvements the journals are as follows</u>

Office Improvements $22,000 (debit)

Cash $22,000 (credit)

<em>Being recognition of the Capital expenditure </em>

A journal to record the depreciation also need to be effected

Depreciation expense $ 2,200 (debit)

Accumulated Depreciation - Office Improvements $ 2,200 (credit)

<em>Being Using the 10 years remaining on its lease to depreciate the lease</em>

5 0
3 years ago
Suppose two successive levels of disposable personal income increases from $16 to $21 billion and the change in consumption spen
Montano1993 [528]

Answer: 0.4

Explanation: MPC, that is, marginal propensity to consume is used to quantify the consumption induced. As we know that, MPC is calculated as follows :-

MPC\:=\:\frac{Chane\:in\:consumer\:spending}{change\:in\:income}

MPC\:=\:\frac{2}{21-16}

MPC\:=\:\frac{2}{5}

                 = 0.4

5 0
3 years ago
A U.S. manufacturer of adaptive devices for persons with disabilities is considering expanding internationally. It is a fairly s
posledela

Answer:

exporting

Explanation:

The exporting refers to the trade in which the goods and services are produced and sold to the another country. In this, the person who sells the goods and services is known as exporter while the foreign buyer who buyed the goods and services is known as importer

According to the given situation, the company is looking for growth opportunities and it is a fairly small company. Moreover it focused on exporting the goods and services

Hence, the option C is correct

5 0
3 years ago
The cpi is a measure of the overall cost of the goods and services bought by __________. a a typical consumer, and the cpi is co
REY [17]
<span>The CPI is a measure of the overall cost of the goods and services bought by a typical consumer, and the CPI is computed and reported by the Bureau of Labor Statistics. The CPI stands for Consumer Price Index. The consumer price index will measure the weighted average pricing of what a basket of goods or services is priced at. They then calculate and average these prices to see what the price will change to overtime and how consumers will react to the market change in price. </span>
7 0
3 years ago
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