Answer:
Dr cash $1,000,000
Cr Bonds payable $1,000,000
Being issuance of bonds at face value
Explanation:
The cash realized from the bond issue is $ 1,000,000.00 (1000*$1000) since the bonds were issued at par value of $1000 each.
The correct accounting entries for the bonds issuance would a debit to cash account of $1,000,000 and a credit to bonds payable account for the same amount.
The rationale for this is that cash increased,hence the asset account is debited and liability,bonds payable also increased.
I would think it’s punctuation
Answer:
$35,84 per machine hour
Explanation:
Plantwide overhead rate = Budgeted overheads ÷ Budgeted Activity
where,
Budgeted overheads = $3,600,000 + $880,000 = $4,480,000
Budgeted Activity = 125,000 machine hours
therefore,
Plantwide overhead rate = $4,480,000 ÷ 125,000
= $35,84 per machine hour
Answer:
$9,200
Explanation:
The computation of the opportunity cost of going to summer school is presented below:
= Summer tuition fees and cost of books + earning if working somewhere
= $2,200 + $7,000
= $9,200
In order to determine the opportunity cost, we considered the summer tuition fees & books cost and earnings
And, the summer rent is a fixed cost so it would not be included.
Answer: D) overall cost leadership, differentiation, and focus
Explanation:
