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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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A client would like to implement a management information system that integrates all functional areas within an organization to
ahrayia [7]

An enterprise resource planning system is most effective for this application.

<u>Option: C</u>

<u>Explanation:</u>

The centralized monitoring of large corporate activities, mostly in live time, and through software often technology mediation, highlighted as a Enterprise resource planning. ERP is generally understood as a type of information management tools that a company can utilize to acquire, store, process, and analyze data from multiple business operations.

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3 0
3 years ago
A persons driving record will affect the automobile insurance premium. True or false
Fiesta28 [93]
True

hope this helps (:
5 0
4 years ago
Luther's Operating Margin for the year ending December 31, 2008 is closest to: Group of answer choices 0.5% 0.7% 5.4% 6.8%
svlad2 [7]

Answer:

the operating margin is 5.4%

Explanation:

The computation of the operating margin is shown below:

As we know that

Operating Margin = Operating Income ÷ Sales

= $31.3 ÷ $578.3

= 5.4%

Hence, the operating margin is 5.4%

It could be determined by dividing the operating income from the sales

3 0
3 years ago
Consider the following transactions for Thomas Company and their effect on the accounting equation. Click on each transaction fo
Soloha48 [4]

Answer:

the numbers are missing, so I looked for a similar question:

  1. Investment in the business $17,010
  2. Borrow cash $7,620
  3. Purchase equipment $8,300
  4. Revenues earned $298,600
  5. Expenses incurred $210,900
  6. Dividends $15,000

since there is not enough room here, I used an excel spreadsheet. I assumed all sales were on cash and all expenses were also paid using cash.

Download pdf
8 0
4 years ago
What economic system is demonstrated by the work at the New York Stock Exchange?
Alja [10]
Strong feeling its Capitalism.
6 0
4 years ago
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