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Harman [31]
3 years ago
14

Pincher Company purchased 50 Issac Company 12%, 10-year, $1,000 bonds on January 1, 2020, for $50,000. The bonds pay interest se

miannually on January 1. On January 1, 2021, after receipt of interest, Pincher Company sold 30 of the bonds for $28,300. Prepare the journal entries to record the transactions described above. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)
Business
1 answer:
Murljashka [212]3 years ago
4 0

Answer: Check attachment

Explanation:

The journal entries to record the transactions described above has been attached.

On 1st, January 2020, debt investment was debited by $50000 and cash was credited by $50000.

On 31st December 2020, interest receivable was debited by $6000 and interest received was credited by $6000.

On 1st January, 2021, Cash was debited by 6000 and interest received was credited by 6000.

Check attachment for further details.

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Wytes Pharmaceuticals wants to shift its list of inventory to a cloud so that its different branches can access it easily. The c
weeeeeb [17]

Answer:  A public cloud

     

Explanation: The public cloud is described as processing resources that are provided through the wider internet by third-party suppliers, allowing them access for anyone who chooses to have or buy them. These can be complimentary or on-demand priced, enabling consumers to pay for the CPU cycles, storage, or connectivity these use only per use.

The biggest difference between private and public servers is that you're not responsible for maintaining a public cloud computing solution. Your information is stored in the server farm of the supplier and the data center is owned and controlled by the provider.

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3 years ago
Select examples of public goods provided to everyone by the government
bogdanovich [222]
A) protecting the country and D) public schools im sure this is the answer
3 0
3 years ago
Read 2 more answers
On October 1, 2018, Chief Corporation declared and issued a 10% stock dividend. Before this date, Chief had 80,000 shares of $5
iris [78.8K]

Answer:

correct option is a. decrease by $80,000

Explanation:

given data

stock dividend = 10%

common stock = $5

Chief = 80,000 shares

market value = $10

to find out

Chief's retained earnings will

solution

here retaining earning will be decrease by the maount of stock dividend that is

retaining earning = $80,000 × 10 % × $10

retaining earning = $80,000 × 0.10 × $10

retaining earning = $80000

so here correct option is a. decrease by $80,000

4 0
3 years ago
You are an employee in Inside Sales. This means you take calls and address customer issues like entering orders, updating orders
Archy [21]

Answer: Structured; Operational control

Explanation:

Structured task could be defined as tasks that are well defined, also larger tasks are broken down to smaller ones so as to be easily carried out at a manageable rate. They are also plans drafted by employees to carry out a task in a way where time and resources are managed very well.

Operational control decision means they are decision carried out during operations, like recording a day to day inventory of tasks that are carrued out by an individual.

6 0
3 years ago
Price inflation:_______.
expeople1 [14]

Answer:

c. courages investment by increasing the uncertainty about future returns

Explanation:

Inflation refers to the increase in the price level of the goods

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Hence, the correct option is c.

5 0
3 years ago
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