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erastovalidia [21]
3 years ago
12

Sandhill Company issued $2,400,000 of 10%, 10-year bonds on January 1, 2017, at 103. Interest is payable semiannually on July 1

and January 1. Sandhill Company uses the effective-interest method of amortization for bond premium or discount. Assume an effective yield of 9.5281%.
Required:
1. Prepare the journal entries to record the following. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
(a) The issuance of the bonds.
(b) The payment of interest and related amortization on July 1, 2017.
(c) The accrual of interest and the related amortization on December 31, 2017.
Business
1 answer:
hjlf3 years ago
7 0

Answer:

rnal entries to record the following. (Credit account titles are automatically indented when the am

Explanation:

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Which quality management concept must be well-defined at the beginning of the project to help avoid rework and schedule delays?
sammy [17]

The quality management concept which must be well-defined at the beginning of the project to help avoid rework and schedule delays is requirements.

<h3>Requirements management</h3>

  • Requirements management and quality management go hand in hand. Clear, well-defined requirements lead to less rework and schedule delays.

In conclusion, we can conclude that the correct answer is requirements management.

learn more about Requirements management from here: brainly.com/question/4008023

3 0
2 years ago
Brandon bought 100 shares of stock for $15.00 per share on 70% margin. Assume Brandon holds the stock for one year and that his
pav-90 [236]

Answer:

179.52%

Explanation:

The computation of the percentage return is shown below:

Amount invested is

= 15 × 100 × 70%

= $1,050

Now

Total return is

= (100 × $0.3) + 100 × ($34 - $15) - $45

= $1,885

Return on invested capital is

= $1,885 ÷ $1,050

= 179.52%

8 0
3 years ago
The following transactions occurred during July: Received $900 cash for services performed during July. Received $5,350 cash fro
Mekhanik [1.2K]

Answer:

$900

Explanation:

In the income statement, the total revenues and the total expenses are recorded.  

If the total revenues are more than the total expenditure then the company earns net income

And, If the total revenues are less than the total expenditure then the company have a net loss

This net income or net loss would reflect in the statement of the retained earning account.  

So, only $900 would be reported on the income statement as the other transaction reflect the financing activity

4 0
4 years ago
If your nominal wage rises faster than the price​ level, we can say your real wage has​ ________ and the purchasing power of you
ad-work [718]

Answer:

A. risen; risen

Explanation:

This is true because you are able to purchase more with the same amount of money

4 0
3 years ago
An increase in the price level reduces the real value of financial assets with fixed money values, and, as a result, the holders
ohaa [14]

Answer:

(B) False

Explanation:

In fact, if assets have a fixed monetary value, increasing the overall price level (inflation) will reduce the real value of these assets. Thus, the purchasing power of the holders of these assets will decrease. However, it is not correct to say that the holders of these titles have reduced their spending, since what determines spending is individual perceptions and needs. Some of the holders may decrease their spending in the face of an inflationary process, but others may maintain or even increase their spending.

7 0
3 years ago
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