Answer:
<em>$10095.24</em>
Explanation:
<em>Let recall that,</em>
<em>The government bond with a principal amount = $10000</em>
<em>coupon rate of 6% annually</em>
<em>The interest rate given is = 5%</em>
<em>PV (Price value) = total [Ct/ (1+r)^t] + principal/(1+r)^t
</em>
<em>
Then
</em>
<em>Price value = 600/(1+0.05) + 600/(1+0.05)^2 + 10000/(1+0.05)^2
</em>
<em>
600/1.05 + 600/1.1025 + 10000/1.1025
</em>
<em>
571.429 + 544.2177 + 9070.295
</em>
<em>
It gives= 10185.94
</em>
<em>
Once the first coupon is deducted (-571.429), the present value of today is 9614.512</em>
<em>
Therefore,</em>
<em>in one year's time ,it will be, 9614.512 x 1.05 = 10095.24</em>
Answer:
(a). supply expense = for both debit and credit = $370.
(b). Insurance expense= for both debit and credit sides = $130.
(c).Salary expense and salary payable = for both debit and credit sides = $1400
(d). Electricity expense =$ 250.
Explanation:
NOTE: Please check the attachment for the proper drafting of the adjusting journal entry.
The term "adjusting journal entry" is used in accounting to determine the the expenses for a particular period of time. The "adjusting journal entry" is needed for efficient and effective accounting record because it can also be used in the correction of an accounting record that had been recorded before that particular period of time.
Here in the "adjusting journal entry" there is going to be the debit side and the credit side for each accounts.
(a). The supply expense and the supplies = 600 - 230 = 370 for the credit and the debit sides.
(b). Insurance expense = $130.
(c). Salary expense and salary payable = 3500 × 2 / 5 = $1400.
(d). Electricity expense and expense payable = $250
Answer: (1108.49 ; 1111.56)
Explanation:
confidence interval.
Sample mean (S) = 1110
Sample Size (N) = 1000
standard deviation (sd) = 123
confidence α= 1 - 0.95 = 0.05/2 = 0.025
Z distribution table
Zα= Z(0.025) = 0.4013
confidence interval
(S - Zα.×Sd/ ; S + Zα.×Sd/)
(1110 - 0.4013×(123/) ; 1110 + 0.4013×(123/)
(1108.491029 ; 1111.5608970091)
(1108.49 ; 1111.56)
Hi Ddestinyclark8385,
<span><u>A corporation has $80,000 in total assets, $36,000 in total liabilities, and a $12,000 credit balance in retained earnings. what is the balance in the contributed capital accounts?</u>
</span>b. $32.000
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