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lorasvet [3.4K]
3 years ago
15

How do short-term goals differ from long-term goals?short-term goals involve less planning than long-term goals.short-term goals

are more affordable than long-term goals.short-term goals cost more than long-term goals in the long run.short-term goals are more immediate than long-term goals.?
Business
1 answer:
Thepotemich [5.8K]3 years ago
8 0
Short term goals are more immediate than long term goals 
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3 years ago
On January 1, 2021, White Water issues $570,000 of 7% bonds, due in 10 years, with interest payable annually on December 31 each
monitta

Answer:

White Water

1. Schedule

Date            Cash Paid     Interest Expense   Increase in Carrying value  FV

01/01/2021 0                                                                           $570,000.00

12/31/2021    $39,900.0       $39,900.00     0                       $570,000.00

12/31/2022  $39,900.0       $39,900.00     0                       $570,000.00

2. January 1, 2021:

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To record the issue of bonds for cash.

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