________ policy is when a central bank acts to increase the money supply in an effort to stimulate the economy. Choose one:

When the market rate is 8%, a company issues $50,000 of 9%, 10-year bonds dated January 1, 2017, that mature on December 31, 202

yanalaym [24]

Answer: Credit, $45,000

Explanation:

The bond payable is the interest payable on the bond and it's Bond issued value mutiply by issued rate

$50,000 * 9%* 10 years

8 0

3 years ago

Lake Co. receives nonrefundable advance payments with special orders for containers constructed to customer specifications. Rela

klasskru [66]

Solution :

We calculate the advances form the customer to be reported as the current liability as on Dec. 31, 2009 in the balance sheet as follows :

Particulars Amount ($)

Customer advances the balance Dec 31, 2008 110

Add : advances that is received with 2009 orders is 195

Less : advances applicable to the orders in 2009 -180

Less : advances from orders that are canceled in 2009 -45

Advances from the customers liability Dec. 31, 2009 80

Therefore, the advance from the customer to be reported in the balance sheet as the current liability is $80.

6 0

2 years ago

Foster Manufacturing uses a job order cost accounting system. On April 1, the company has Work in Process Inventory of $7,600 an

Andrej [43]

Answer:

Foster Manufacturing 

Journal Entries

Sr. No Particulars Debit Credit

1 Work in Process Job No. 221 1200

Work in Process Job No. 222 1700

Work in Process Job No. 223 2400

Work in Process Job No. 224 2600

Factory Overhead Indirect Materials 600

Materials Inventory 8500

Materials Requisitioned to specific jobs work in process inventory.

2. Direct Labor Work in Process Job No. 221 1600

Direct Labor Work in Process Job No. 222 2200

Direct Labor Work in Process Job No. 223 2900

Direct Labor Work in Process Job No. 224 2800

Indirect Labor 400

Payroll 9500

Factory OverheadControl 400

Direct Labor used for specific jobs.

3. Work in Process Job No. 221 1120

Work in Process Job No. 222 1540

Work in Process Job No. 223 2030

Work in Process Job No. 224 1960

Manufacturing Overheads 6930

Manufacturing Overheads applied to specific jobs at the rate of 70%.

4. Finished Goods Inventory $ 7940

Opening Work in Process Job No. 221 3600

Work in Process Job No. 221 Materials 1200

Work in Process Job No. 221 Direct Labor 1600

Work in Process Job No. 221 MOH 1540

Job 221 completed and transferred to finished goods.

3 0

3 years ago

for fannie mae, appraisals of manufactured homes in a condominium project are to be reported on the form and modular homes are t

BARSIC [14]

For Fannie Mae appraisals of manufactured homes in a condominium project are to be reported on the The 1004C form.

For Fannie Mae appraisals of modular homes are to be reported using the standard URAR form.

<h3>What is Fannie Mae appraisals?</h3>

Fannie Mae is known to be a firm that helps to guide one through appraisals. The appraisal is one that is often used to talk or judge the property in regards to its acceptability for the mortgage loan that is often requested because of its value as well as its marketability.

Therefore, For Fannie Mae appraisals of manufactured homes in a condominium project are to be reported on the The 1004C form. For Fannie Mae appraisals of modular homes are to be reported using the standard URAR form.

Learn more about appraisals from

brainly.com/question/7595736

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5 0

1 year ago

!!PLEASE HELP ME WITH MULTIPLE CHOICE!!

ELEN [110]

a) grant temporary tax exemptions to groups and individuals that start new businesses

8 0

3 years ago

Read 2 more answers