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iren2701 [21]
3 years ago
13

Dunphy Company issued $16,000 of 7.5%, 10-year bonds at par value on January 1. Interest is paid semiannually each June 30 and D

ecember 31. Prepare the entries for (a) the issuance of the bonds and (b) the first interest payment on June 30.
Business
1 answer:
ollegr [7]3 years ago
7 0

Answer:

hi

Explanation:

sorry i need points :(

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During the course of your examination of the financial statements of Trojan Corporation for the year ended December 31, 2018, yo
siniylev [52]

Answer:

$76,440

Explanation:

Calculation to determine the proper amount of net income as of December 31, 2018

Net income $87,000

Less Adjusted for insurance ($4,050)

($16,200*3/12)

Less Adjusted for deferred income ($2,700)

Less Adjusted for supplies ($2,100)

Less Adjusted for interest ($1,710)

($57,000*9%*4/12)

Net income (Adjusted) $76,440

Therefore The the proper amount of net income as of December 31, 2018 will be $76,440

4 0
3 years ago
At the beginning of the year, a company predicts total overhead costs of $916,400. The company applies overhead using machine ho
kherson [118]

Answer: $17980

Explanation:

The amount of overhead that should be applied to Job 65A would be calculated as:

= Overhead cost × (Machine hours in January/Total machine hours)

= 916400 × (31/1580)

= $17980

8 0
3 years ago
if inflation in the united states is higher than inflation in other countries, what will be the effect on net exports for the un
lys-0071 [83]

If inflation in the United States is higher than inflation in other countries, then US Exports decrease and US imports increase which decrease net exports.

In the world of business, inflation is defined as a rise in the cost of goods in a location or nation. The amount of money or purchasing power decreases as a result of these high prices.

If inflation in the United States is higher than inflation in other countries, the costs and prices domestically produced goods become more expensive than similar goods made in abroad.Due to higher inflation United States will buy more foreign goods so imports will increase. Exports will decrease as foreign countries spend less on purchasing goods produced in United States which will decrease the exports. As a result net exports will decrease and this results in trade deficit.

For more questions like Inflation click the link below:

brainly.com/question/28287918

#SPJ4

6 0
1 year ago
Adel wants to get $100 immediately to pay for concert tickets. He currently has no cash or income, but he has a nice gold watch
mojhsa [17]

Adel could easily just pawn the watch from cash but might not have a 500$ even, I say its B.

3 0
3 years ago
What is brainly and who started the company ?
emmainna [20.7K]

Answer:

good luck to your modules

5 0
3 years ago
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