Answer:
hope this helps uuuuu.......
Explanation:
D........A complete set...
Answer: See explanation
Explanation:
The journal entry to correct the errors is given below:
a. Dr Cash $8400
Cr Account receivable $8400
b. Dr Supplies $2500
Cr Office equipment $2500
Dr Supplies $2500
Cr Account Payable $2500
Note that the first entry that's given in (b) above reverses the incorrect entry. On the other hand, the second entry simply records the correct entry.
Answer:
after tax yield on corporate bonds = 6.3 %
Explanation:
given data
federal plus state tax bracket = 30%
corporate bonds yields = 9%
solution
we get here yield that must municipals offer for the investor is express as
after tax yield on corporate bonds = corporate bonds yields × ( 1 - federal plus state tax bracket ) ......................1
put here value and we will get
after tax yield on corporate bonds = 9% × ( 1 - 30% )
after tax yield on corporate bonds = 0.09 × ( 1 - 0.30 )
after tax yield on corporate bonds = 0.063
after tax yield on corporate bonds = 6.3 %
