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masya89 [10]
3 years ago
6

On January 1, 2019, Providence, Inc., issues $1,000,000 of 10 percent, 5-year bonds at par value. Complete the necessary journal

entry by selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns.
Business
1 answer:
Anna35 [415]3 years ago
6 0

Answer:

                                   Dr.                Cr.

January 1, 2019

Cash                     $1,000,000

Note Payable                             $1,000,000

Explanation:

Bond issued for $1,000,000 and cash received against it. So, cash id debited and a liability is created in this event. Interest accrued will be charged as interest expense at the end of period.

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Price floors and ceiling prices both:
Murrr4er [49]

Answer:

The correct answer is letter "D": interfere with the rationing function of prices.

Explanation:

While talking about price floors and price ceiling, <em>the rationing function of prices</em> refers to the fact that both governmental measures are imposed to protect sellers and buyers from unfair practices driven by supply and demand. Thus, price floors protect producers from prices that could go below their production costs and price ceilings protect buyers from prices that could be set above their income.

The rationing function of prices can be also understood as the measures taken to discourage demand to keep resources to use them over a determined period.

3 0
3 years ago
The graph shows the percentage changes in the investment rate and the gross domestic product (GDP) between 2008 and 2012.
Rufina [12.5K]

Answer: A - Can show if the economy is growing or shrinking

Explanation: i got it right on EDG 2020

8 0
4 years ago
The ending inventory has 83,000 units, which are 100 percent complete for Department R costs. Required: a. Assume that Saline So
natima [27]

Answer:

Total unit cost                                   $8.80

Total Costs  Transferred out          $730,400  

Explanation:

In Process Costing we find the individual unit costs and total costs transferred by multiplying it with the equivalent no of units.

As the units are 100 percent complete the Equivalent units are 83,000 units for both materials and conversion.

Saline Solutions

Weighted-Average Process

Materials in Department S             $6.40

<u>Conversion costs Department S     $2.40</u>

<u>Total unit cost                                   $8.80</u>

Total No of units 83,000

<u>Total Costs           $8.80</u>

<u>Total Cost  Transferred Out         $730,400  </u>

<u />

Total Costs Transferred to Materials = $ 6.4 * 83,000=$ 531200

Total Costs Transferred to Conversion = $ 2.4 * 83,000=$ 199200

Total Costs Transferred= $ 531200+$ 199200= $ 730400

4 0
4 years ago
A band sells its music on a website for $0.99 per downloaded song. The revenue function is R(x) = .99x. What is the daily revenu
Varvara68 [4.7K]

Answer: <em>Revenue per day = $236.61</em>

Explanation:

Here, given:

Selling price for each song = $0.99

Revenue function: R(x) = 0.99x

where, "x" represent the no. of songs sold through their website.

Songs downloaded = 239 per day

Therefore , the daily revenue is given as;

<em>Revenue per day: R(x) = 0.99\times(239)</em>

<em>Revenue per day = $236.61</em>

7 0
4 years ago
She expresses her concern to a senior human resources manager. this method of expressing concern about an instance of illegal em
Sergeu [11.5K]

This method of expressing concern to a senior human resources manager about an instance of illegal employment through proper channels is known as <u>opposition</u>.

A human resources manager has a lot of functions such as, selecting employees, recruiting, inducting employees, providing orientation, imparting training, appraising the performance of employees, motivating employees, giving compensation and benefits, etc.

So in an organization, if there are any concerns regarding, for instance illegal employment, then the human resources manager is approached. Thus, this method of expressing concern through proper channels is known as opposition.

Hence, the opposition is a disagreement with something, often by speaking or fighting against it.

To learn more about human resources manager here:

brainly.com/question/27956348

#SPJ4

5 0
2 years ago
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