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
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.

You might be interested in
_____ funds are highly speculative investments that seek large profits from capital gains. group of answer choices
galina1969 [7]

​Aggressive growth funds are highly speculative and seek large profits from capital gains.

What Is an Aggressive Growth Fund?

An aggressive growth fund is a mutual fund that seeks capital gains by investing in the shares of growth company stocks. Investments held in these funds are companies that demonstrate high growth potential, but also carry greater risk.

What is the advantage of aggressive growth?

Growth has its advantages; it enables a company to reach more customers, generate more sales, and put money back in the business.

Are aggressive growth funds a good investment?

Aggressive growth funds are identified in the market as offering above average returns for investors willing to take some additional investment risk. They are expected to outperform standard growth funds by investing more heavily in companies they identify with aggressive growth prospects.

Learn more about aggressive growth fund:

brainly.com/question/14698110

#SPJ4

5 0
1 year ago
Which services would a charitable organization provide? Check all that apply. preserving waterways operating a city aquarium ope
Anni [7]

Answer:

preserving waterways

operating a city aquarium

opening an animal shelter

Explanation:

edge 2020

7 0
3 years ago
A firm has four different investment options. Option A will give the firm $10 million at the end of one year, $10 million at the
xxMikexx [17]

Answer:

The answer is "Option D".

Explanation:

Using the formula for calculating present value:

= \frac{Future \ value}{(1+r)^n}\\\\

that's why "Option D" is correct.

8 0
3 years ago
In EduTech, a software company, the views and suggestions of managers are considered unquestionable and employees never go again
tamaranim1 [39]

Answer:

Power Distance

Explanation:

Power Distance -

It refers to the distribution of the power and strengths within any organisation if referred to as power distance .

In most of the scenario the distribution of power is very unequal and unfair .

Most of the high power people tends to dominate over others and misuse their strengths in a very unfair manner .

Hence , from the given scenario of the question ,

The manager of the company has all the power and tends to dominate over others and others people tends not to go against his order .

Hence , the correct term is power distance .

8 0
3 years ago
Taggart Transcontinental currently has a bank loan outstanding that requires it to make three annual payments at the end of the
prohojiy [21]

Answer:

Future value is approximately $3,183,600 which is equal to $3,184,000.

Explanation:

Please see attachment

Download pdf
6 0
3 years ago
Other questions:
  • A trial balance is a(n)________ (list/balance/chart) list of accounts and their balances at a point in time and is used to confi
    7·1 answer
  • Wilson Co. has three segments -- Tennis, Golf, and Fishing. The Tennis segment is currently producing 2,000 units annually. The
    15·1 answer
  • You decide to take part time job to help with college expenses hours available for study are thus reduced the reduction in study
    5·2 answers
  • Don was standing in a cafeteria line holding a plate. Tim was upset with Don. Tim turned Don around and grabbed the plate out of
    5·1 answer
  • The more information/cues a medium sends to the receiver, the ____ the medium is considered.a. Quicker b. Fuller c. Wider d. Ric
    8·2 answers
  • Consider the case of Yellow Duck Distribution Company: Yellow Duck Distribution Company is expected to generate $180,000,000 in
    12·1 answer
  • The children slept well ____________________ the noise.
    7·1 answer
  • A retailer buys books from publishers for $6 each and prices them for sale to consumers at $9. What percentage markup for these
    12·2 answers
  • sheridan company had beginning inventory of $12600 at March 1, 2022. During the month, the company made purchases of $54600. The
    13·1 answer
  • quizlet the office for civil rights (ocr) has enforcement power for violations occurring as a result of willful neglect. the ocr
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!