Answer:
A
Explanation:
if its wrong than forsure d
Answer and Explanation:
The journal entries are shown below:
On Jan 1
Cash $500,000
To Bond Payable $500,000
(Being the issuance of the bond is recorded)
On Dec 31
Bond Payable $500,000
Loss on redemption $15,000 ($500,000 × 3%)
To Cash ($500,000 × 103%) $515,000
(Being the redemption of the bond is recorded and the remaining balance or we can say balancing figure is debited to loss on redemption)
B. The higher the price, the larger the quantity produced.
Answer:
Option C is correct
Explanation:
This means an increase in actual price would make quantity aggregate supply curve to shift to the right.
