Answer:
The journal entry to record the bond issuance is shown below:
Explanation:
The journal entry to record the bond issuance is as:
Cash A/c.............................................Dr $420,000
Bonds Payable A/c......................Cr $420,000
Being the bonds issued
As the bonds are issued by the company so cash is coming into the business, which is an asset and any increase in asset is debited. Therefore, the cash account is debited. And cash is received against the bonds payable, so the account of bonds payable is credited.
Answer:
![A = 28000 [\frac{0.12 (1.12)^4}{(1.12)^4 -1}]](https://tex.z-dn.net/?f=%20A%20%3D%2028000%20%5B%5Cfrac%7B0.12%20%281.12%29%5E4%7D%7B%281.12%29%5E4%20-1%7D%5D)
![A = 28000 [\frac{0.12*1.574}{1.574-1}]](https://tex.z-dn.net/?f=%20A%20%3D%2028000%20%5B%5Cfrac%7B0.12%2A1.574%7D%7B1.574-1%7D%5D)

So then the annual pay would be $ 9218.564 for this case
Explanation:
For this question we can use the Equivalent annual value (A) given by the following expression:
![A = PV [\frac{i (1+i)^t}{(1+i)^t -1}]](https://tex.z-dn.net/?f=%20A%20%3D%20PV%20%5B%5Cfrac%7Bi%20%281%2Bi%29%5Et%7D%7B%281%2Bi%29%5Et%20-1%7D%5D)
Where
represent the pesent value
since the rate is yearly
since we have 4 years to pay
So then we have everything to replace and we got:
![A = 28000 [\frac{0.12 (1.12)^4}{(1.12)^4 -1}]](https://tex.z-dn.net/?f=%20A%20%3D%2028000%20%5B%5Cfrac%7B0.12%20%281.12%29%5E4%7D%7B%281.12%29%5E4%20-1%7D%5D)
![A = 28000 [\frac{0.12*1.574}{1.574-1}]](https://tex.z-dn.net/?f=%20A%20%3D%2028000%20%5B%5Cfrac%7B0.12%2A1.574%7D%7B1.574-1%7D%5D)

So then the annual pay would be $ 9218.564 for this case
And this amount would be paid each year in order to pay all the money after 4 years.
It is false that the market rate is used to calculate the actual cash payments made to bondholders rather it is the economic price for goods and services that is offered for them in free market or market place. It is also called a going rate, the market value or market price are equal only under conditions of market equilibrium and rational expectation.
Answer:
C. Online boutique is the answer
Answer:
A) $2,000 favorable
Explanation:
Actual total variable overhead = $ 73,000
Actual total fixed overhead = $ 17,000
Budgeted variable overhead rate per machine hour = $ 2.50
Budgeted total fixed overhead = $ 15,000
Budgeted machine hours allowed for actual output = 30,000
Budgeted variable overhead = $ 2.50 x 30,000 = $ 75,000
Variable overhead variance = Budgeted variable overhead - Actual total variable overhead
Variable overhead variance = $ 75,000 - $ 73,000 = $ 2,000
Since the actual value is under the budgeted value, the variable overhead variance is $2,000 favorable.