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
Zinaida [17]
3 years ago
8

When the market rate is 8%, a company issues $50,000 of 9%, 10-year bonds dated January 1, 2017, that mature on December 31, 202

6, and pay interest semiannually for a selling price of $60,000. When the bonds mature, the issuer records its payment of principal with a ______________(debit/credit) to Bonds Payable in the amount of $ .
Business
1 answer:
yanalaym [24]3 years ago
8 0

Answer: Credit, $45,000

Explanation:

The bond payable is the interest payable on the bond and it's Bond issued value mutiply by issued rate

$50,000 * 9%* 10 years

You might be interested in
The sequence of operational planning and control tasks that follow sales and operations planning is ______.
Maksim231197 [3]

Answer:

D) planning master scheduling, material requirements planning, capacity requirements planning, detailed scheduling

Explanation:

The sequence of operational planning and control tasks that follow sales and operations planning is planning master scheduling, material requirements planning, capacity requirements planning, detailed scheduling.

Sales and operations planning (S&OP ) is a monthly integrated business management process that enables the executive management team to continually achieve objectives such as focus, control inventory costs, alignment and improve service levels of the organization.

8 0
3 years ago
Ortions of the financial statements for Myriad Products are provided below.
bonufazy [111]

Answer:

Net cash provided from Operating Activities $301

Explanation:

MYRIAD PRODUCTS COMPANY

Cash flow from Operating Activities:

Net Income $150

Adjustment for non cash effects:

Depreciation $84

Amortization $5

Loss on sale of land $4

Total $243

Changes in operating assets and liabilities :

Decrease in Accounts receivable $17

Decrease in Inventory $18

Increase in Accounts Payable $14

Decrease in Salaries Payable ($14)

Increase in Interest Payable $13

Increase in Income tax Payable $10

Net cash provided from Operating Activities $301

5 0
3 years ago
Which of the following assets must be reported at the​ lower-of-cost-or-market value? A. Merchandise Inventory B. Accounts Recei
neonofarm [45]

Answer:

The correct answer is letter "A": Merchandise Inventory.

Explanation:

Lower-of-cost-or-market value is a strategy by which the costs of inventory on the company's Balance Sheet is reported at historical value -purchase cost- or market value, whatever it is lower. The lower-of-cost-or-market approach considers the value of inventory can change, meaning it can increase but it can decrease as well. For both purposes, the lower-of-cost-or-market value can be used. This technique follows the Generally Accepted Accounting Principles (GAAP).

Therefore, <em>merchandise inventory, which can fluctuate in price during a period, is reported using the lower-of-cost-or-market value method.</em>

6 0
3 years ago
John earns $5.75 per hour. He worked 40.0 hours last week. What was the amount of his check?
Nataliya [291]
John would have made 230$
5 0
3 years ago
Read 2 more answers
Which player in the economy supplies labor in the factor market?
Travka [436]

The player in the economy which supplies labor in the factor market is the households.

<h3>What is supply of labor?</h3>

This refers to the number of labor who are willing and able to find work in an economy. The supply for labor is also the hours worked by a workers within a time period.

Hence, the player in the economy supplies labor in the factor market is the households.

Learn more about supply of labor here: brainly.com/question/17175566

#SPJ4

5 0
2 years ago
Other questions:
  • On December 28, 2021, Videotech Corporation (VTC) purchased 12 units of a new satellite uplink system from Tristar Communication
    5·1 answer
  • _________ consists of non-checkable savings deposits + money market deposits + small time deposits (less than $100,000) + money
    9·1 answer
  • The equation represents Jordan's overtime pay structure. Based on this equation, what is Jordan's regular hourly pay?
    10·2 answers
  • If people speculate that a run on one bank will cause a run on all banks in the financial​ system, and this speculation proves​
    8·1 answer
  • A client has a Cash Account at a broker-dealer and one week ago was sold out of a position for failure to make prompt payment. T
    13·1 answer
  • Which of the following is NOT a perceived pressure that can lead to employee fraud?​ a. ​frustration with a co-worker b. ​experi
    12·1 answer
  • Jill wins a lawsuit against Terry in the Wyoming state court. The court passes a judgment for Terry to pay $20,000 to Jill. Imme
    5·1 answer
  • A __________ represents a long-term partnership between two or more companies established to help each firm build competitive ma
    10·1 answer
  • William is a 38-year-old computer systems executive. He has come to a point in his life where he is reassessing his ambitions an
    5·1 answer
  • You live near the beach and want to give snorkeling lessonsYou estimate that after expenses , you can earn $10 per lesson. Each
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!