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sertanlavr [38]
3 years ago
13

On January 1, a company issues bonds dated January 1 with a par value of $250,000. The bonds mature in 5 years. The contract rat

e is 9%, and interest is paid semiannually on June 30 and December 31. The market rate is 8% and the bonds are sold for $260,148. The journal entry to record the issuance of the bond is: Multiple Choice Debit Cash $250,000; debit Premium on Bonds Payable $10,148; credit Bonds Payable $260,148. Debit Cash $260,148; credit Premium on Bonds Payable $10,148; credit Bonds Payable $250,000. Debit Bonds Payable $250,000; debit Bond Interest Expense $10,148; credit Cash $260,148. Debit Cash $260,148; credit Bonds Payable $260,148. Debit Cash $260,148; credit Discount on Bonds Payable $10,148; credit Bonds Payable $250,000.
Business
1 answer:
lutik1710 [3]3 years ago
8 0

Answer:

Debit Cash $260,148; credit Premium on Bonds Payable $10,148; credit Bonds Payable $250,000

Explanation:

The journal entry is shown below:

Cash $260,148

       To Bond payable $250,000

       To Premium on bonds payable $10,148

(Being the issuance of the bond is recorded)

While recording this we debited the cash as cash is received and credited the bond payable as it increased the liabilities and the difference is credited to the premium on bonds payable i.e $10,148

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antiseptic1488 [7]

Answer:

trade deficit

Explanation:

From the question, we are informed about Snowland and Pledza are neighboring countries. Pledza imports more products than it exports. Over the last decade, Pledza imports from Snowland have been rapidly increasing but not fast enough to offset the exports to Snowland. In this case we can say about Pledza has a trade deficit. trade deficit also known as "negative balance of trade" can be described as a method to measure international trade. It can be regarded as the amount by which cost spent on the imports in a country exceeds the cost of exports. We can calculate trade deficit by finding the difference in value of exports of country and its imports.

5 0
2 years ago
If the marginal propensity to consume is 0.75, and there is no investment accelerator or crowding out, a $115 billion increase i
rodikova [14]

Answer: $460 billion, but the effect would be larger if there were an investment accelerator.

Explanation:

If the MPC = 0.75 and there is no investment accelerator or crowding out, then a $115 billion increase in the government expenditures would result in the shift in the aggregate demand curve right by:

= $115 billion ÷ (1 - 0.75)

= $115 billion ÷ 0.25

= $115 billion × 1/0.25

= $115 billion / 0.25

= $460 billion.

Therefore, there'll be a shift in the aggregate demand curve right by $460 billion, but the effect would be larger if there were an investment accelerator

4 0
2 years ago
A project professional has just been assigned manager of a project to develop a new advertising campaign for an established prod
german

Answer:

<u>Establish project priorities</u>

Explanation:

<em>Remember</em>, we are told the project professional has been assigned to manage a project, therefore going by the guiding steps when defining a project, the next and second step he should take is to establish project priorities.

In other words, he should draft out what tasks should be done first, those for later, and so forth in other to successfully achieve/finish the project's objective.

4 0
3 years ago
Which of the following statements is accurate? Group of answer choices A cost-leadership competitive strategy increases the thre
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Answer:

The correct statement is expressed by option B - Firms with a low-cost position can reduce the threat of rivalry in an industry.

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Firms with a low-cost position can reduce the threat of rivalry in an industry based on these reasons:

Firstly, these firms can decide to set their prices to be the same as the prices of higher-cost competitors.

Secondly, low-cost firms can decide to price their goods or services a little bit below the prices of their high-cost rivals.

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3 years ago
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rosijanka [135]

Answer:

b) wiki

Explanation:

because  emails only have one template, and can usually only go from one person to the other without overcomplicating.

firewalls are for protecting websites and private information.

blogs are usually for one person to post, and won't be as efficient and easy.

wikis are the best option because you can find various websites with templates for specific needs, especially for the workplace

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