Explanation:
what is the first tink sol do you with your money ? g i v e TRUE ore false You should save first , give second and sens third false
Because plants give us oxygen yay
Answer:
Yearly rate of return=25%
Monthly rate of return=0.0187%
Explanation:
Given present amount=$12
Given Future amount=$15
Using equation
Where F is the future amount,P is the present amount and is the interest rate.
As n=12 since there are 12 months in the year and if calculate yearly n=1
15=12(1+i)^12
i=0.0187% monthly
Answer and Explanation:
The Journal entry is shown below:-
Bonds payable Dr, $1,800,000
(1,800 × $1,000)
To Discount on bonds payable $30,000
To Common stock $720,000
(1,800 × 40 × $10)
To Paid-in-capital in excess of par $1,050,000
(Being conversion of bond into common stock is recorded)
Therefore for recording the conversion using the book value approach we simply debited the bonds payable and credited the discount on bonds payable, common stock and paid-in-capital in excess of par.
