The appropriate response is Virtual Human Embryo. The general objective of the Virtual Human Embryo (VHE) venture is to expand comprehension of human embryology and to support the investigation of human embryonic improvement by furnishing understudies and analysts with dependable assets for human developing life morphology.
Answer:
Date Account Titles and Explanation Debit Credit
Accounts Payable $1,600
($1,800 - $200)
Merchandise inventory $32
(2% * $1,600)
Cash $1,568
(To record the merchandise return)
Answer:
The journal entry for the interest payment is shown below:
Explanation:
Interest Expense A/c........................Dr $16,098
Premium on bonds payable A/c....Dr $952
To Cash A/c............................Cr $17,050
Working Note:
Interest expense = Bonds sale value × Market rate
= $321,964 × 5%
= $16,098
The market rate will be:
= 10 / 2
= 5%
Because it is paid semiannually, so rate is divided by 2.
Cash = Par value × Contract rate
= $310,000 × 5.5%
= $17,050
The contract rate will be:
= 11 / 2
= 5.5%
Because it is paid semiannually, so rate is divided by 2.
Answer:
<em>Collections for September is $ 57,100</em>
Explanation:
Computation of cash receipts for September
Collections from cash sales of September $ 5,000
Collections from credit sales of August - 57 % of $ 50,000 $ 28,500
Collections from credit sales of September 40 % of $ 59,001 <u>$ 23,600 </u>
Total collections for September $ 57,100
