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
paul was a district manager in san francisco. when a district manager position opened up in boston, he was approached about taki
mylen [45]
*internal recruitment

Internal recruiting is the process of hiring someone from your existing workforce for a new or vacant position
6 0
1 year ago
Suppose a perfectly competitive market is suddenly transformed into a monopoly (all competing firms are consolidated into a sing
Digiron [165]

just you know what it must be that i think

Explanation:

suppose a perfectly competitive market is sufdenly what think so

5 0
2 years ago
A project to build a new bridge seems to be going very well since the project is well ahead of schedule and costs seem to be run
tresset_1 [31]

Answer:

Schedule variance = $1,428,140

Schedule Performance Index (SPI) = 1.132

Cost Performance Index = 0.801

Explanation:

Planned Value = $1,414,000 + $10,494,000 + $8,494,000 * 53%

                        = $20,402,000 * 53%

                        = $10,813,060

Earned Value = $1,414,000 + $10,494,000 + $8,494,000 * 60%

                        = $20,402,000 * 60%

                        = $12,241,200

Schedule Variance = Earned value - Planned value

                                = $12,241,200 - $10,813,060

                                = $1,428,140

Schedule Performance Index (SPI)

                          = Earned value / Planned value

                          = $12,241,200 / $10,813,060

                          = 1.132

Actual Cost (AC)

                        = $1,294,000 + $8,994,000 + $4,994,000

                        = $15,282,000

Cost Performance Index (CPI)

                             = Earned value / Actual cost

                             = $12,241,200 / $15,282,000

                             = 0.801

3 0
3 years ago
Mcdonald's, a fast food chain headquartered in the united states, applies the morality it practices in the united states to all
Helen [10]
<span>Mcdonald's, a fast food chain headquartered in the united states, applies the morality it practices in the united states to all foreign countries in which it operates. mcdonald's is adhering to "Moral Universalism". Moral Universalism is the need for a moral standard that is accepted by all cultures.</span>
3 0
2 years ago
Oriole Company sells goods to Danone Inc. by accepting a note receivable on January 2, 2020. The goods have a sales price of $65
labwork [276]

Answer:

Explanation:

The journal entries are shown below:

Using net method:

1. Notes receivable A/c Dr $650,000        ($659,900 - $9,900)

      To Sales revenue A/c $650,000

(Being the sale is recorded)

2. Cost of goods sold A/c Dr  $460,000

        To Inventory A/c $460,000

(Being cost of goods sold is recorded)

3. Cash A/c Dr $659,900

       To Notes receivable  $650,000

       To Discount forfeited $9,900

(Being received payment is recorded)

Using gross method:

1. Notes receivable A/c Dr $650,000        ($659,900 - $9,900)

      To Sales revenue A/c $650,000

(Being the sale is recorded)

2. Cost of goods sold A/c Dr  $460,000

        To Inventory A/c $460,000

(Being cost of goods sold is recorded)

3. Cash A/c Dr $659,900

       To Notes receivable  $659,900

(Being received payment is recorded)

6 0
2 years ago
Other questions:
  • What are the three benefits of networking when searching for a job
    11·2 answers
  • Suppose the yield on short-term government securities (perceived to be risk-free) is about 4%. Suppose also that the expected re
    6·1 answer
  • What is the name given to the operations used by most organizations to
    7·2 answers
  • Wayfair sent five different versions of their email to customers to determine which message was most effective at getting custom
    10·1 answer
  • Billy’s Exterminators, Inc., has sales of $592,000, costs of $284,000, depreciation expense of $36,000, interest expense of $28,
    8·1 answer
  • Which of the following is most likely to be characterized by substantial asymmetric information?
    11·1 answer
  • Which of the following statements is FALSE? Group of answer choices The right discount rate for a cash flow is the rate of retur
    12·1 answer
  • When reviewing the balance sheet for Portable Pet Care, Inc., a mobile small animal care business, Ricky noted the following inf
    7·2 answers
  • Until recently you worked as an accountant earning $55,000 annually. Then you inherited a piece of commercial real estate bringi
    10·1 answer
  • An ""offer"" to sell an item on an online auction site generally is treated as an invitation to negotiate. True or false?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!