3 years ago

Can someone help with this?

Business

2 answers:

tigry1 [53]3 years ago

6 0

Answer:

profit

Explanation:

bagirrra123 [75]3 years ago

4 0

Answer:

profit

Explanation:

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A nation's legal system is usually of very little interest to international business managers, because international businesses

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1 year ago

On January 1, a company issued 6%, 10-year bonds with a face amount of $60 million for $55,736,520 to yield 7%. Interest is paid

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Effective interest on June 30 on a 6% $60 million bond at 7% effective rate is $1,950,778

The interest is treated in the books of account thus:

Debit interest expense $1,950,778

Credit Bond account $1,950,778

Explanation:

The effective interest is computed using the below formula

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