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GarryVolchara [31]
3 years ago
10

On January 1, the first day of the fiscal year, a company issues a $5,000,000, 6%, 10-year bond that pays semiannual interest of

$150,000 ($5,000,000 x 6% x ½ year), receiving cash of $5,000,000. Journalize the entries to record (a) the issuance of the bonds, (b) the first interest payment on June 30, and (c) the payment of the principal on the maturity date of December 31. Refer to the Chart of Accounts for exact wording of account titles.
Business
1 answer:
irga5000 [103]3 years ago
8 0

Answer:

Explanation:

The journal entries are shown below:

On Jan 1 - Cash A/c Dr $5,000,000

                        To Bonds Payable A/c $5,000,000,

(Being bond is issued)

On June 30 - Interest expense A/c Dr $150,000

                           To Cash A/c                                     $150,000

(Being interest paid for cash)

On December 31,  Bonds Payable A/c Dr $5,000,000

                                   To Cash A/c                            $5,000,000

(Being payment of principal is recorded on the maturity date)

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Answer:

The indifference point is 1,875,000 units.

Because the current machine has lower fixed costs, it has a lower cost from 0 units to 1,874,999. From 1,875,001 the new machine is more convenient,

Explanation:

Giving the following information:

Current machine:

Total cost= 75,000 + 0.32x

New machine:

Total cost= 150,000 + 0.28x

<u>To find the indifference point, we need to equal the cost functions and isolate x (number of units)</u>

75,000 + 0.32x = 150,000 + 0.28x

0.04x= 75,000

x= 1,875,000

The indifference point is 1,875,000 units.

Because the current machine has lower fixed costs, it has a lower cost from 0 units to 1,874,999. From 1,875,001 the new machine is more convenient.

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3 years ago
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Answer:

Demand deposits is the answer of your question

4 0
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Thrill Rides is considering adding a new roller coaster to its amusement park. The addition is expected to increase its overall
zepelin [54]

Answer:

C. ticket sales for the new coaster.

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In the case when the sales is reduced for the boat rise so the new rise would decrease the sales of the boat ride.

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erica [24]

Answer:

$294,412.8

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