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
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

You might be interested in
In reviewing his company's operations, a risk manager noticed that all of the company's finished goods were stored in a single w
diamong [38]

Answer:risk control

Explanation:Risk control is a step in the hazard management process. It involves finding a way to neutralize or reduce an identified risk.

Risk control begins with a risk assessment to identify the presence and severity of workplace hazards. Employers must then implement the most effective controls available.

In order of effectiveness (from most effective to least), risk control methods include:

Elimination: removing the risk entirely

Substitution: swapping an item or work process for a safer one (for instance, switching to an industrial cleaner that poses fewer respiratory risks)

Engineering controls: modifications to the environment or equipment that poses the risk (such as installing mirrors in warehouses or machine guards on circular saws)

Administrative controls: modifications to the workflow or work process (for example, rotating employees through several different work tasks to prevent repetitive stress injuries)

Personal protective equipment: safety gear worn by the workers, such as hard hats, safety glasses, and chemical-resistant gloves

6 0
2 years ago
Mark tells Leslie that his stereo has quadraphonic speakers because he was told that when he bought it. Leslie buys the stereo,
Gemiola [76]

Answer:

Yes, because the statement was false.

Explanation:

Breach of warranty is defined as a misrepresentation of the quality or type of a product. The seller fails to fulfil a promise or claim made during a transaction.

When a good is being sold there are certain assertions which the seller must stand behind.

In this scenario Mark tells Leslie that his stereo has quadraphonic speakers because he was told that when he bought it.

The fact that the stereo did not have quadrophinic speakers should have been discovered and stated by Mark. The misinformation he got when buying the stereo does not clear him of breach of warranty

6 0
2 years ago
Vincent and Jean are two cooks who work in a village. Each of them can either bake cakes or make pizzas. Every ingredient is rea
ElenaW [278]

Answer: B. Jean

Explanation:

Having Absolute Advantage in the production of a good means that you can produce more of that good given the same resources or at least the same Quantity as others given lower resources.

From the scenario above therefore, Jean has the Absolute Advantage in producing Cakes as Jean can bake 12 cakes in an hour while Vincent can only bake 10.

6 0
3 years ago
Compared with supermarkets, the product mix for vending machines is: __________.
Vlada [557]

Answer:

d. shallower and narrower

Explanation:

Product width basically refers to how many different product lines are sold, and obviously a supermarket sells hundreds of product line, while a vending machine generally sells soft drinks or snacks, which is only 1 product line.

The product depth refers to the amount of products sold, and a supermarket is much larger than a vending machine so it can sell many more products.

7 0
3 years ago
Next Saturday, best friend, Sol, and I will have separate acts in a citywide talent contest. But we've just made a _____ with ea
Bas_tet [7]

Answer:

truce

Explanation:

Here is the full question :

Next Saturday, my best friend. Sol and I will have separate acts in a citywide talent contest. But

we've just made a _____with each other that will help us from feeling jealous if one of us

wins and one loses. We've decided that if one of us wins that person will share the prize money

with the other one.

Which word BEST completes the sentence?

truce

alliance

treaty

pact

A truce is an agreement between people to stop fighting for a limited.

Sol and his best friend made an agreement that would stop them from fighting

A pact is an agreement between people

3 0
2 years ago
Read 2 more answers
Other questions:
  • How many products are in the average supermarket today
    7·1 answer
  • Suppose that Bobo purchases 1 pizza per month when the price is $19 and 3 pizzas per month when the price is $15. What is the pr
    9·1 answer
  • Individuals can now use the internet to publicly editorialize about the news through:
    7·1 answer
  • When a monopolistically competitive market opens up to international trade, each firm produces a greater quantity of output than
    11·1 answer
  • The bulk of costs related to legal expenses come from: a. Photocopying b. Online research through legal subscription services c.
    5·1 answer
  • My job is to take pictures for _____ use by advertising agencies.
    15·2 answers
  • Assuming the use of a two-column (all-purpose) general journal, a revenue journal, and a cash receipts journal, indicate the jou
    11·1 answer
  • What is an accurate definition of a skill?
    7·2 answers
  • Burke Company purchases land for $100,000 cash. Burke assumes $2,500 in delinquent property taxes due on the land as part of the
    13·1 answer
  • During March, XYZ Inc. transferred $50,000 from Work in Process to Finished Goods and recorded a Cost of Goods Sold of $56,000.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!