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
netineya [11]
2 years ago
5

On January 1, 2017, Vaughn Company purchased 12% bonds, having a maturity value of $312,000, for $335,654.22. The bonds provide

the bondholders with a 10% yield. They are dated January 1, 2017, and mature January 1, 2022, with interest received on January 1 of each year. Vaughn Company uses the effective-interest method to allocate unamortized discount or premium. The bonds are classified as available-for-sale category. The fair value of the bonds at December 31 of each year-end is as follows.2017 $333,600 2020 $322,0002018 $320,900 2021 $312,0002019 $320,000 (a) Prepare the journal entry at the date of the bond purchase.(b) Prepare the journal entries to record the interest revenue and recognition of fair value for 2017.(c) Prepare the journal entry to record the recognition of fair value for 2018.(Round answers to 2 decimal places, e.g. 2,525.25. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
Business
1 answer:
Illusion [34]2 years ago
7 0

Answer: 9.9

Explanation:

You might be interested in
If $300 is invested at a rate of 6% per year and is compounded quarterly, how much will the investment be worth in 12 years? use
Volgvan

$613.04  will the investment be worth in 12 years.

<h3>What is investment?</h3>

The dedication of an asset to achieve a gain in value through time is referred to as investment. Investment necessitates the sacrifice of a current item, such as time, money, or effort. The goal of investing in finance is to earn a return on the invested asset.

Income investing is an investment approach that focuses on constructing an investment portfolio that is expressly designed to provide recurring income. The income investing strategy's main goal is to generate a consistent stream of income.

The type of investor you are and how you should make investments are determined by your investing personality. Your investing personality is essentially your financial risk profile, which considers aspects such as age, financial history, circumstances, and investment aspirations.

To know more about investment follow the link:

brainly.com/question/25300925

#SPJ4

8 0
1 year ago
How does CSS differ from HTML?
Lana71 [14]
CSS - is responsible for the design or style of the website, including the layout, visual effects & background color

HTML - is used to create the actual content of the page such as written text
5 0
3 years ago
Summarize these two up-and-coming leadership positions in digital media: digital media supervisor and chief digital officer (CDO
Blababa [14]

The big difference between the CIO and the Chief Digital Officer is the responsibility for turning IT into a value creator, which is something that the CIO typically doesn’t have in most organizations.

<h3>How to compare the difference?</h3>

The chief digital officer is the leading digital business from the front in a way that most CIOs aren’t. It should be that most CIOs are not trying to think of new markets, new channels, or new business models that the organization should be getting and making that a top priority. .

The CIO is used to operate much larger operations. The Chief Digital Officers are very multidisciplinary, so they have a lot of different experiences, and they're very comfortable talking with marketing and sales in their language.

They’re very good at talking to the product teams in their language and operations in their language, and executives, and so on. And not to the same degree that we see the CIOs that don’t really talk the language of business .

Learn more about digital media on:

brainly.com/question/25356502

#SPJ1

7 0
1 year ago
Aggregate Demand is everything produced while Simple Demand is one good. Which statement reflects Aggregate Demand?
lys-0071 [83]
Calculating real output
8 0
2 years ago
The amount by which federal spending exceeds revenue in a given year is known as ap gov multiple choice
Savatey [412]
The amount by which federal spending exceeds revenue in a given year is known as budget deficit. Having a budget deficit means that the government spent more money than they made in a current year. When this happens the government owes money to others because they had to borrow from accounts to pay off debt. 
3 0
3 years ago
Other questions:
  • Suppose Stark Ltd. just issued a dividend of $1.59 per share on its common stock. The company paid dividends of $1.25, $1.33, $1
    11·1 answer
  • O
    15·1 answer
  • Your company is experiencing difficult times and must lay off 52 workers, many of whom have been with the company for a number o
    12·1 answer
  • A free enterprise system refers to: a. Economic assets that are privately owned and exchanged in an open market. b. Property own
    9·1 answer
  • What is universal default?
    5·1 answer
  • Use the WS and PS relations to examine the effects of the following events on the natural rate of unemployment and on the real w
    14·1 answer
  • A finance question that I need help with.
    9·1 answer
  • Speaking effectively, writing concisely, and listening attentively are all examples of the transferable skill of
    8·2 answers
  • Martinez, Inc. manufactures a set of high-end computer storage systems for use by offices around the city. At the start of 2021,
    14·1 answer
  • A commercial bank has $50 million in checkable-deposit liabilities and $10 million in actual reserves. The required reserve rati
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!