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yulyashka [42]
3 years ago
10

company has bonds outstanding with a par value of $110,000. The unamortized premium on these bonds is $2,585. If the company ret

ired these bonds at a call price of 99, the gain or loss on this retirement is:
Business
1 answer:
mote1985 [20]3 years ago
7 0

no pain no gain as it is used in freddie mercury movie

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Information related to Sheridan Company:
Vladimir [108]

Answer:

Oct 1.

Cash $19,900 (debit)

Common Stock $19,900 (credit)

Oct 3.

Office Furniture $2,100 (debit)

Trade Payable $2,100 (credit)

Oct 6.

Trade Receivable:  N. Fennig $3,250 (debit)

Revenue $3,250 (credit)

Oct 27.

Trade Payable $900 (debit)

Cash $900 (credit)

Oct 30.

Salary Expense : Administrative Assistant $2,650 (debit)

Cash $2,650 (credit)

Explanation:

In all non-cash entries remember to observe the <em>Accrual</em> or <em>Matching</em> Principle.Thus, transactions must be recorded when they accrue or incur not when they are paid.

7 0
3 years ago
Subscribe to my channel :))<br><br>It would mean so much<br><br>- avastories​
cricket20 [7]

Answer:

Hey mate....

subscribed already.....thx for points

4 0
2 years ago
Whispering Winds Corp. has the following inventory data: July 1 Beginning Inventory 37 units at $18 $666 7 Purchases 129 units a
alexgriva [62]

Answer:

Whispering Winds Corp.

Using the FIFO inventory method, the amount allocated to cost of goods sold for July is:

=  $2,585

Explanation:

a) Data and Calculations:

Date      Description              Units     Unit Cost    Total Cost

July 1     Beginning Inventory  37             $18             $666

July 7    Purchases                 129            $19             2,451

July 22 Purchases                   18           $20                360

July 30 Total available           184                            $3,477

July 30  Ending inventory       46

July 30  Units sold                 138

Cost of goods sold, using FIFO inventory method:

Date      Description              Units     Unit Cost    Total Cost

July 1     Beginning Inventory  37             $18             $666

July 7    Purchases                 101              $19             1,919

Total cost of goods sold =                                       $2,585

Ending inventory = $892 (18 * $20 +  28 * $19)

3 0
3 years ago
Sheryl connelly explains that one of the reasons her position exists is because it takes three years to bring a new vehicle to m
arsen [322]
<span>According to Sheryl Connelly, It takes three years to bring a new vehicle to market, requiring the company to anticipate customers' needs. this is one of the reasons for the high failure rate of innovation, known as: Positioning Strategy, where it helps establish your product's or service's identity within the eyes of the purchaser/customer.</span>
3 0
3 years ago
Read 2 more answers
In the aggregate expenditures model if aggregate expenditures equal 800 billion and real GDP equals 600 there is a______________
Llana [10]

Answer:

unplanned inventory accumulation equals -$200 billion.

Explanation:

As we know that

Unplanned inventory equals to

= Real GDP - aggregate expenditures

= 600 billion - 800 billion

= -$200 billion

It shows a difference between the real GDP and the aggregate expenditure

Since the real GDP is less than the aggregate expenditure, so the unplanned inventory should come in negative amount else it comes in a positive amount

4 0
3 years ago
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