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astra-53 [7]
3 years ago
6

On the first day of the fiscal year, a company issues a $1,000,000, 7%, 5-year bond that pays semiannual interest of $35,000 ($1

,000,000 × 7% × 1/2), receiving cash of $884,171. Journalize the entry for the issuance of the bonds. If an amount box does not require an entry, leave it blank.
Business
1 answer:
Zigmanuir [339]3 years ago
4 0

Answer:

Debit cash: $884,171

Debit discount: $884,171

Explanation:

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The Federal Reserve or also known as the Fed, serves as the bank of the United States, and therefore, it is responsible for any financial transaction that occurs within the economy of the United States. So, in the given statements above, I can say that the roles that Fed plays are the following: regulate the banking industry, and transfers any profits to the Treasury. 
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At an appliance store, the price of a refrigerator is marked up 25% to $406. 25. What was the price of the refrigerator before t
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The price of the refrigerator before markup will be $325. This can be calculated by reversing the markup in the price of the refrigerator.

<h3>What is Markup?</h3>

Markup basically refers to the difference between the selling price of a good and its cost. The markup is generally expressed as a percentage and is added to the cost of the good to ensure cost cover and earn profit.

For the given question, the before markup price can be calculated as:

Given:

\rm \:\:After\: markup\:price = \$406.25\\\\Markup\:percentage\:\: = 25\%

Makeup is the addition to the original price of a good. The after markup price can be taken as 100% + 25% = 125% of original price.

Then original price can be calculated as:

\rm x = \$406.25 \times \dfrac{100}{125}\\\\x = \$325

Therefore the before markup price is $325.

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how could Government intervention to minimise affects of lack of demand in the tourism and international education sector of Aus
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<u>Explanation:</u>

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One of Christina’s colleagues works with her on developing a more standards-driven environment in her classroom. The two teacher
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The first thing Cristina should do to create a more standards-oriented environment in her classroom is to create positive relationships with her students.

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It is necessary for the teacher to be organized according to the methodologies required by the institutional standard, as standardization generates the systematization of processes so that student learning and development occurs in a similar way, without bias, for example.

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2 years ago
Compute the respective net cash flows and cumulative cash balances for the months indicated on the following cash budget for six
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Answer:

Cumulative cash flow - $420

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Apri -$55

May = $25

June -0

Explanation:

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sale receipt                        300   350  300   350   400   300

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Cumulative balance = $420

8 0
4 years ago
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