The economic system in which the state controls the economy is called

On January 1 of this year, Trucks R Us Corporation issued bonds with a face value of $ 2,000,000 and a coupon rate of 10 percent

Anestetic [448]

Bonds Payable amount reflected in balance sheet = $2192890

Face Value = $2000000

Coupon Rate = 10%

Maturity Period = 10 years

Number of compounding = 2

Interest = $2000000 * 10% * 6/12 = $100000

Period = 2 * 10 = 20

Maturity Value = Face Value = $2000000

Market Interest Rate semiannually = 0.085 / 2 = 0.0425

Market Value = Present Value of Future Cash Flows

= PV of Interest + PV of maturity value

= (Interest * PVAF (4.25%, 20)) + (Maturity Value * PVIF (4.25%, 20))

= (100000 * 13.29437) + (2000000 * 0.434989)

= $1329437 + $869978

= $2199415

Since market value is greater than face value, we can say that bonds are issued at a premium.

Premium = $2199415 - $2000000 = $199415

Journal Entry to record the issuance of bonds:

Cash a/c Dr $2199415

To Bonds Payable a/c $2000000

To Premium on the issue of bonds $199415

Bonds Payable amount is a liability account that carries the quantity owed to bondholders by way of the company. This account usually seems in the lengthy-term liabilities section of the stability sheet, on account that bonds usually mature in more than one year.

Learn more about Bonds Payable amount here: brainly.com/question/7158291

#SPJ4

6 0

1 year ago

List online activities you can participate in to stack search results of your professional name for potential employers.

finlep [7]

Explanation:

let AB be the deck and CD be the hill 

8 0

2 years ago

Read 2 more answers

Where can you find books when you Tabe To another level of class like level A D M and E

Elodia [21]

check on the internet or something, the internet has a lot of insane things for sale

5 0

3 years ago

A sample of gas occupies 575 ml at 1.50 atm and 125 degrees celsius. if temperature is changed to 20 degrees celsius and volume

Anastaziya [24]

A sample of gas occupies 575 ml at 1.50 atm and 125 degrees Celsius. If the temperature is changed to 20 degrees Celsius and the volume is changed to 0.300 L. The will be a new pressure at 2.12 atm.

Temperature is the measure of hotness or coldness expressed in phrases of any of numerous scales, including Fahrenheit and Celsius. Temperature shows the route wherein heat energy will spontaneously waft—i.e., from a hotter frame (one at a higher temperature) to a less warm body (one at a decreased temperature).

The common body temperature is ninety-eight.6 F (37 C). however normal frame temperature can vary between ninety-seven F (36.1 C) and 99 F (37.2 C) or more. Your frame temperature can range depending on how active you are or the time of day.

The heat of an item is the entire strength of all of the molecular motion interior of that item. Temperature is the degree of the thermal energy or average warmth of the molecules in a substance. SI Unit

V₁ = 0.575L

P₁ =1. So atm.

T₁ =125 + 273=398 k

√2 =0.300 L

P₂ =?

T₂ = 20 +273= 293K

P1XV 1=T2

1.50 X 0.575 lit=398 K

P2 x 0.300 lit =293K

1-50 atm x 293KX 0.575 lit

0. 300 lit X 396 K

P₂ =2.1165 atm

Learn more about temperature here brainly.com/question/24746268

#SPJ4

8 0

2 years ago

. In a perfectly competitive market, the demand curve facing each individual seller is assumed to be ... a) perfectly inelastic

bagirrra123 [75]

Answer:

e) perfectly elastic

Explanation:

Elasticity is a measure of the sensitivity of demand to the price of a product. If demand is elastic, bidders should avoid raising prices as demand decreases considerably. Conversely, when demand is inelastic, consumers are less sensitive to price changes. When demand is perfectly elastic, this means that a slight increase in the price of a good will cause all demand to flow to a competing supplier. This is observed in competitive markets where providers provide the same type of good for the market price. If one of them raises the price, he loses all of his market share. This is because consumers are rational and will buy the product that is offered at the lowest possible price.

8 0

3 years ago