Answer:
Dr cash $407,000
Cr bonds payable $407,000
July 1
Dr interest expense $ 18,315.00
Cr cash $ 18,315.00
December 31
Dr interest expense $ 18,315.00
Cr interest payable $ 18,315.00
Explanation:
The bond was issued at face value of $407,000 which means that cash of $407,000 was received which is to be debited to cash account and bonds payable account credited for the same amount.
On July1 ,interest coupon of $ 18,315.00 ($407,000*8%*6/12) was paid which means that interest expense is debited with $ 18,315.00 while cash is credited.
On 31 December ,interest coupon of $ 18,315.00 ($407,000*8%*6/12) was due which means that interest expense is debited with $ 18,315.00 while interest payable is credited.
Depending on where there located
Answer:
$100,000
Explanation:
Contribution Margin=Sales Revenue − Variable Costs
<u>For segment 1 </u>
Sales = $500,000
Variable costs = $400,000
Contribution Margin = $100,000
Therefore the contribution margin presented for segment number 1 is $100,000 while the attributable common cost for segment 1 will be (0.6*320,000) = $192,000
Answer:
C will take 96 days alone to do the work.
Explanation:
given,
A and B work for 12 days...................(1)
B and C work for 16 days...................(2)
C and A work for 24 days...................(3)
Adding equation (1) and (2)
from equation (2)
hence, C will take 96 days alone to do the work.
Select (A RANGE) to apply formatting to several cells at the same time.
-I hope this helps!!
