1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Anon25 [30]
3 years ago
7

On January 1, 2018, West Company purchased $600,000 of 6%, 5-year bonds, as an available-for-sale security, with interest payabl

e on July 1 and January 1. The bonds sell for $623,625, which results in a premium of $23,625 and an effective interest of 4%.
Required:
a. Prepare the journal entry on January 1, 2018.

Business
1 answer:
Andrei [34K]3 years ago
4 0

Answer:

#See attached photos of both the Jan 1,2018 journal entry and the bond ammortization schedule.

Explanation:

You might be interested in
What peripherals would you need to host a video conference?
Leto [7]
The answer would be C. Webcam, Speakers, and microphone.
5 0
2 years ago
Read 2 more answers
Review the various strategies and assemble the strategies on the continuum from left to right in the order of magnitude from lea
sertanlavr [38]

Answer:

Following are the solution to this question:

Explanation:

In part A:

The following were it's less to one of the most foreign enterprises for businesses by using danger, contribution, and command.

  • Licenses
  • Exports
  • Franchises
  • Fabrication of contracts
  • Joint Undertaking/Strategic Arrangement
  • Specific Foreign Profits

In part B:

KFC- franchise

US Bank — Foreign Direct Investment

Soup by Campbell—Joint Venture/Strategic Alignment

Budweiser  Licensing

Exportation of international clients

Cell phone US —Manufacture of contracts

3 0
2 years ago
Taylor's Hardware is acquiring The Corner Store for $50,000 in cash. Taylor's has 2,200 shares of stock outstanding at a market
Katena32 [7]

Answer:

$27,000

Explanation:

Taylor share                              $39,600

(2,200 * 18)

Add: Corner share Acquired    $35,100

(1,300 * 27)  

Add: incremental value             $2,300

Less: Cash paid                         <u>$50,000</u>

Value of Taylor's Hardware     <u>$27,000</u>

after the acquisition

7 0
2 years ago
a buyer's willingness to pay for a good plus the price of the good. the amount by which the quantity supplied of a good exceeds
White raven [17]

Answer:

A buyer's willingness to pay for a good plus the price of the good means the buyer is indifferent between buying the good and not buying it.

Surplus is the amount by which the quantity supplied of a good exceeds the quantity demanded of the good.

Producer surplus is the amount a buyer is willing to pay for a good minus the cost of producing the good.

Consumer surplus is the amount a buyer is willing to pay for a good minus the amount the buyer actually pays for it.

6 0
2 years ago
1. Give one example of professional behavior in a salon and how a cosmetologist could
lana [24]

Answer:

Appropriate language, a cosmetologist can demonstrate this by always speaking in a tone and at a volume that is appropriate for the setting, and never using foul language no matter what.

3 0
2 years ago
Other questions:
  • Anton Co. uses the perpetual inventory system and FIFO cost flow method. During the year, Anton purchased 400 units of inventory
    15·1 answer
  • Rates at business hotels are typically much lower on weekends than during the week
    8·1 answer
  • An insurance policy with a higher premium most likely has
    12·1 answer
  • From what part of income should someone take savings?<br>​
    11·2 answers
  • Lancelot Manufacturing is a small textile manufacturer using machineminushours as the single indirectminuscost rate to allocate
    6·1 answer
  • Saleh, an accountant, is the sole shareholder of Turquoise Corporation, a C corporation. Turquoise is a personal service corpora
    11·1 answer
  • North Inc. is a calendar-year C corporation, accrual-basis taxpayer. At the end of year 1, North accrued and deducted the follow
    11·1 answer
  • Which theme can be found in both "If" and The Jungle Book by Rudyard Kipling?
    9·2 answers
  • An asset falling under the MACRS five-year class was purchased three years ago for $200,000 (its original depreciation basis). C
    6·1 answer
  • An investor holding a short position in a maturing futures contract may:
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!