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kolbaska11 [484]
3 years ago
13

On December 31, 2015, Wintergreen, Inc., issued $150,000 of 7 percent, 10-year bonds at a price of 93.25. Write down the necessa

ry journal entries.
Business
1 answer:
maria [59]3 years ago
8 0

Answer:

December 31

DR Cash $139,875

DR Discount on Bonds Payable $10,125

CR Bonds Payable $ 150,000

Explanation:

Cash

Because Wintergreen is selling at $93.25 when Par Value is usually at $100, they are selling at a discount.

Cash Received = 150,000 * 93.25/100

= $139,875

Discount on Bonds

= 150,000 - 139,875

= $10,125

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TRUE/FALSE. Boycotting means that workers walk away from their jobs and refuse to return until a labor-management dispute has be
svlad2 [7]

Boycotting means that workers walk away from their jobs and refuse to return until a labor-management dispute has been resolved. This statement  is false.

A work stoppage brought on by a widespread employee refusal to perform their duties is known as a strike action, also known as a labor strike, labour strike, or simply a strike. Typically, a strike is a response to employee complaints. During the Industrial Revolution, when mass labor became crucial in factories and mines, strikes increased in frequency.

An RD petition must first be submitted in person or electronically at a regional National Labor Relations Board (NLRB) office to begin the decertification process for a union. The NLRB may schedule a hearing and call for an election to decertify the union if 30% of the workers in the bargaining unit sign the petition.

To know more about strike action, refer;

brainly.com/question/15078953

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3 0
1 year ago
When the allocated amount of indirect costs are less than the actual​ amount, indirect costs have been​ ________. A. overallocat
Daniel [21]

Answer:

C. underallocated

Explanation:

Underallocated amount is that which did not match the actual overhead incurred and it is lower than the actual. While budgeting the estimated overheads are allocated to different departments / products using different basis. Total allocated amount then compared with the actual overheads incurred. Which ultimately result in under / over allocated overhead.

3 0
3 years ago
Trade between the middle east brought the black death to europe because
ss7ja [257]

Answer:

Trade between the middle east brought the black death to europe because some of the trading ships passing the trade route was infested with rats that carried the plague.

Explanation:

The Black death also referred to as the bubonic plague was pandemic that was brought about by trade between the Middle East and Europe on the silk road. This plagues killed over 30 to 50 million people when it started from the year 1346 to 1352.

The black death was caused by a Enterobacter bacteria called Yersinia pestis which is present in the vector flea called Oriental rat flea carried by host which were rodents(rats). The rats infested the trading ships from Genoese who came to Europe via Italy. The Black death spread from Asia, down to Europe, Africa and finally the Middle East.

This disease spread from animal to human as well as human to human contact. The characteristics symptoms of this disease includes the presence of boils on the body of the sick that turned sores and the sores eventually became black, hence the name black death. Other symptoms included warm, swollen lymph nodes in the groin or armpit, very high fever, headaches, muscle pain after which death was the end result for some people.

7 0
4 years ago
Read 2 more answers
Pine Street Inc. makes unfinished bookcases that it sells for $59. Production costs are $37 variable and $10 fixed. Because it h
Gwar [14]

Answer:

See below

Explanation:

Option of whether Pine street Inc. should sell unfinished book cases

Sales per unit

$59

Less:

Variable cost per unit

$37

Contribution per unit

$22

Less:

Fixed cost

$10

Operating profit

$10.

Option of whether Pine street inc. should sell finished book cases

Sales per unit

$75

Less :

Variable cost per unit

$8

Contribution per unit

$67

Less :

Fixed cost

$10

Operating profit

$57

Therefore, it is recommended that Pine street inc. should sell finished book cases because that would yield the highest operating profit.

4 0
3 years ago
The manager of a publishing company plans to give a $23,000 bonus to the top 12 percent, $10,000 to the next 25 percent, and $6,
I am Lyosha [343]

Answer:

total expected bonus = $1262800

Explanation:

given data

bonus = $23,000

Probability = 12 percent

bonus =  $10,000

Probability = 25 percent

bonus =  $6,000

Probability = 8 percent

total sales = 220

solution

first we get probability for bonus amount = $0

probability = 1 - ( 12% + 25% + 8 % )

probability =  0.55

so here Expected bonus per employee company will pay is

Expected bonus = $23000 × (0.12) + $10000 × (0.25) + $6000 × (0.08) + $0 (0.55)

Expected bonus = $5740

so total expected bonus is

total expected bonus = $5740  ×  220

total expected bonus = $1262800

8 0
3 years ago
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