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eduard
3 years ago
8

Entries for Issuing Bonds and Amortizing Premium by Straight-Line Method

Business
1 answer:
babymother [125]3 years ago
7 0

Answer:

Smiley issued $20,000,000 of five-year, 9% bonds at a market (effective) interest rate of 8%, receiving cash of $20,811,010.

The journal entry is as follows:

On April 1,

Cash A/c    Dr. $20,811,010

      To Bonds payable A/c                    $20,000,000

      To Premium on bonds payable     $811,010

(To record the issuance of bonds)

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During the latest month, the company purchased and used 47,000 pounds of direct materials at a price of $1.20 per pound to produ
Nataliya [291]

Answer:

$1400 U

Explanation:

Total direct materials cost variance = (47,000 actual pounds × $1.20 actual cost per pound) − (50,000 standard pounds × $1.10 per pound) = $1,400 unfavorable

5 0
3 years ago
Which statement is true? Portfolio A dominates portfolio B if: Portfolio A has a higher return that portfolio B Portfolio A has
ra1l [238]

Answer:

The answer is "The last choice"

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While comparing 2 assets or portfolio management, the risk of each portfolio and the rates of return of each portfolio should be taken into consideration. Whether the same danger is in the two assets. One should be preferred with both the higher return and one from the lowest risk should be recommended unless the two have the same rate of return. Portfolio A consequently either has a higher return and an at least as low fluctuation as B, or even lower volatility as well as an anticipated return at least as strong as B.

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2 years ago
The HRM specialists at A&C Company took the opportunity to increase productivity and decrease manual data analysis by using
FrozenT [24]

Answer:

<u>Skills inventory</u>

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6 0
2 years ago
newspaper publisher uses roughly 800 feet of baling wire each day to secure bundles of newspapers while they are being distribut
tresset_1 [31]

Answer:

Explanation:

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Reorder point = expected demand  in (LT) + safety stock

= (800*6) + 1800

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2 years ago
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1. you boss did not set a clear goal of your work expectation. he/she probably still sunk in your last year performance shadow. he/she judged your this year performance in accordance with whose his/her old impression



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2 years ago
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