1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
raketka [301]
2 years ago
11

Landmark Corp. buys $500,000 of Schroeter Company's 8%, 5-year bonds payable at par value on September 1. Interest payments are

made semiannually. Landmark plans to hold the bonds for the 5-year life. When the bonds mature, the journal entry to record the proceeds will be:
Business
2 answers:
marta [7]2 years ago
6 0

Answer:

Dr. Cash                        $500,000

Cr. Bond Receivables  $500,000

Explanation:

Thee bond will mature at par, it means the par value will be received at the time of maturity. As Landmark Corp is a bond holder and it has to receive the par value. The account of Bond receivable will be credited to eliminate the a receivable and cash is debited as it is received and its balance needs to increase.

zzz [600]2 years ago
3 0

Answer:

Dr Cash                          $500,000

Cr Long-term investment                      $500,000

Explanation:

In order to determine the journal entry to pass when the bond matures,it would appropriate to first of all understand the entries posted  when the bond was purchased,which is that cash was credited and long term investment account was debited.

The reverse would be the case at maturity which is that cash account would now receive an inflow,hence debited with $500,000  while the long-term investment certificate is parted with ,as a result the account should be credited as appropriate.

You might be interested in
Who is most likely to threaten the security of a business?
Alex73 [517]

Answer:

B

Explanation:

Outsiders who were once employees

Because they have the inside information. And if your up to any tricks, they'll know! And you'll basically be at their liberty.

4 0
2 years ago
An example of communicating category membership by relying on the product descriptor is ford's positioning of its freestyle auto
hoa [83]
That statement Is true

In marketing, product descriptor refers to a structured format that displayed some information about a specific product.
In this case, ford tried to create a unique product descriptor such as "sports wagon" to tell its consumers that their product has the characteristic of a sport and a wagon
7 0
3 years ago
Most people buy a house with cash. True False
Mnenie [13.5K]
 The answer would be False
6 0
2 years ago
Read 2 more answers
The global-standardization strategy arises out of the combination of: Question 7 options: 1) high pressure for cost reductions a
kati45 [8]

Answer:

The correct answer is the option 1: high pressure for cost reductions and low pressure for local responsiveness.

Explanation:

To begin with, the concept known as <em>"Global Standardization"</em>, in the field of marketing and business, refers to the strategy that the companies can use when they decide to implement the same marketing strategy or campaign to every country in where the organization works. Therefore that the term refers to the standardization of the strategy that the company use in the marketing area to the whole globe due to the fact that mainly they look for the reduction of the costs and also because the pressure from the local responsiveness from the other foreign countries tend to be very low.

3 0
3 years ago
Using email for ____ purposes has many benefits, including low cost, immediate communication, interactivity, and the ability to
Maksim231197 [3]

Answer: a. marketing

Explanation:

Using email for marketing purposes has become a very effective method of advertising since the advent of the internet and subsequently email services. It is quite low cost and yet has a wide coverage.

It also enables immediate communication that can be quite interactive thereby ensuring that customers can be personally catered for. It also allows for creativity in marketing as a multitude of methods can be used ranging from newsletters to posters.

6 0
3 years ago
Other questions:
  • he units of Manganese Plus available for sale during the year were as follows: Mar. 1 Inventory 22 units @ $29 $638 June 16 Purc
    5·1 answer
  • Kelly, Lars, and Mona agree to be partners in Neighborhood Delivery Service (NDS), splitting the profits equally. Kelly contribu
    7·1 answer
  • Medical Equipment Supply Company and Natural Rehabilitation Center enter into a contract for a lease of a certain number of whee
    5·1 answer
  • 5,000 units (100% complete as to material, 55% complete as to labor) with a cost of $124,800 materials and $104,500 conversion.
    15·1 answer
  • The law of demand is based on the observation that:________.
    8·2 answers
  • Select the correct answer. Which sentence best describes the main effect of the English Bill of Rights? A. It gave Parliament th
    12·1 answer
  • What does the European Central Bank (ECB) and the Eurogroup<br> manage in economic/monetary terms?
    12·1 answer
  • 11
    9·1 answer
  • !!50 Points answer quickly!!
    6·1 answer
  • Consider the supply curve for basketballs. Other things held constant, if the price of basketballs goes up from $7. 99 to $14. 9
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!