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Ainat [17]
3 years ago
8

Ten years ago, Cary Company issued $1,500,000 of 7 percent, 10-year bonds at a price of 95. On the maturity date of January 2, a

fter making the final interest payment and recording the related entry, Cary retired the bonds. Complete the necessary journal entry for January 2, 2019 by selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns.
Business
1 answer:
arsen [322]3 years ago
3 0

Answer:

Explanation:

The journal entry is presented below:

On January 2

Bond payable A/c Dr $1,500,000

      To Cash A/c $1,500,000

(Being the redemption of the bonds is recorded)

The discount on bonds payable would be matured on the date of maturity so in this case the face value would be recorded and it is equaled to the carrying value

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Identify the following as cash inflows or outflows to a privately-owned water company: well drilling, maintenance, water sales,
andrey2020 [161]

Answer:

Cash Inflow would be cash coming into the company and Cash Outflow would be going out.

<h2>Cash Inflow</h2>
  • Water Sales
  • Government Grants - money given to the company by the Government to help in its operation
  • Issuance of bonds - Cash inflow from debt issuance
  • Used Equipment sales - cash from sale of used equipment
  • Stormwater fees - paid by customers to take stormwater from property
  • Discharge Permit revenue

<h2>Cash Outflow</h2>
  • Well drilling - drilling well requires cash expenditure
  • Maintenance - cash expense
  • Accounting - Administrative expenditure
  • Energy Cost
  • Pension Plan Contributions - contributing to its employees' pension plans is an expense
  • Heavy Equipment Purchases - Capital expenditure
4 0
3 years ago
____ leadership is the ability to anticipate, envision, maintain flexibility and think strategically and work with others to ini
Mumz [18]
Using context clues it is very obviously 1. Strategic
7 0
3 years ago
Read 2 more answers
1. What are the points of difference, or unique attributes, for GoPro products?
umka21 [38]

The question given is incomplete.

Following is written the complete question.

http://www.viddler.com/embed/bc9e993

After watching the video answer the following questions:

1. What are the points of difference, or unique attributes, for GoPro products?

2. What are GoPro’s primary target markets?

3. Describe the new product development process used at GoPro. How is it similar to and different from the process described in your lesson and the textbook?

4. Which of the eight reasons for new product failure did GoPro avoid to ensure the success of its products?

<h2>Answer:</h2>

The answer for the above question is given below.

I hope it will help you!

Explanation:

7 0
3 years ago
Discount factor is 0.985. Stock XYZ is selling for $40 a share. An American option on this stock with a strike price of $38 is t
weqwewe [10]

Answer:

Put option

Explanation:

We have current price 40dollars - strike price 38dollars = $2. The question says the stock is trading at $0.25 per share. Since 0.25 is higher than 0 it is a put option. And the intrinsic value is $2.

The put option gives one the right to sell a particular number of shares at a price that has been set which is referred to as the strike price before a certain date.

5 0
3 years ago
Mr. and Mrs. Pitt filed a joint tax return in 2017. The couple divorced in 2018. The IRS audited their 2017 return and determine
AURORKA [14]

Answer:

C. Because the couple is divorced, the IRS must apportion the deficiency between Mr. and Mrs. Pitt based on their relative contribution to their 2015 taxable income.

Explanation:

Because Mr and Mrs Pitt filed for a joint tax return in 2017 and got divorced in 2018 and IRS audited their tax return and found that they both underpaid their tax, the IRS must apportion the deficiency 50-50 between both of them based on their separate returns.

3 0
3 years ago
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