Answer:
Dr Cash $332,775
Cr Bonds payable $290,000
Cr Premium on bonds payable $42,775
Explanation:
Preparation of the journal entry to record the issuance of these bonds. Assume the bonds are issued for cash on January 1, 2017
Based on the information given the journal entry to record the issuance of these bonds will be:
Dr Cash ($290000/100*114.75) $332,775
Cr Bonds payable $290,000
Cr Premium on bonds payable ($332,775-$290,000) $42,775
(To record issuance of bonds)
Answer:
C) credit to Note Payable of $1,000,000
Explanation:
The complete journal records for November 1, 2018 are:
- Dr Cash account 100,000
- Cr Notes Payable account 100,000
The company received $100,000 in cash. Since cash is an asset and it increased when the bonds were issued, it should be debited.
The company has to pay a note worth $100,000. Since notes payable is a liability and it increased when the bonds were issued, it should be credited.
Answer:
The correct answer is letter "B": the introduction of Lay's Kettle Cooked potato chips, which have 40 percent less fat than regular potato chips.
Explanation:
Americans as a society are characterized by eating too much fats and sugar. <em>Hamburgers, fried potatoes, pizzas, hot dogs, brownies, chocolate, </em>and <em>donuts</em> are in their regular daily. Excessive consumption of those foods leads to diseases such as high blood pressure, cholesterol, or diabetes.
Because of that issue, companies introduce new products with fewer fats and sugar. <em>Lay's Kettle Cooked potato chips</em> is an example. The company alleges to use an old-fashioned method to fry potatoes that reduce the amount of fats in the chips.
Answer:
Total proceeds = 52000
Explanation:
given data
purchased = $60,000
rate = 12 % = 0.12
sold = $50,000
accrued interest = $2,400
solution
we get here Total proceeds that will be express as
Total proceeds = [ sold × accrued interest ] + [ sold × rate × 1 ] ................1
put here value in equation 1 and we will get
Total proceeds = [ 50000 × 1.03 ] + [ 50000 × 
× 1 ]
Total proceeds = 51500 + 500
Total proceeds = 52000
Which consumer responsibility suggests that you ask for manufacturers to fix faulty products
the right to choose
Despite being otherwise progressive, this law did the non-Yugoslav minorities the injustice of temporarily depriving them of the right to vote under the convenient pretext that they could not do so until the two years had passed since the Treaty of Trianon secured their right to choose citizenship in a neighboring State. A movement to reform the constitution was started, with its main goals being to extend the presidential term to four years, grant Congress the power to select the president of the republic, and amend certain sections pertaining to the rights of those participating in armed uprisings motivated by political issues.
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