The journal entry to record each semiannual interest payment is:
Debit Bond Interest Expense $22,000; credit Cash $22,000.
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What journal entries?</h3>
- A journal entry is an act of keeping or producing records of any economic or non-economic transaction.
- An accounting journal, which shows a company's debit and credit balances, records transactions.
- The journal entry can be made up of multiple records, each of which is either a debit or a credit.
- Otherwise, the journal entry is termed unbalanced if the sum of the debits does not equal the total of the credits.
- For example, a corporation may issue 8%, 15-year bonds with a par value of $550,000 that pay semi-annual interest. The market rate is currently 8%.
- The journal entry for each semiannual interest payment is as follows: Debit Bond Interest Expense $22,000; credit Cash $22,000.
Therefore, the journal entry to record each semiannual interest payment is:
Debit Bond Interest Expense $22,000; credit Cash $22,000.
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Answer: Job search increases their chances of getting a job.
Explanation:
Job search involves an individual dedicating time and resources to get a job, through actual search and job application. The job search would increase the chances of both Dean and Miguel to secure a job, though Miguel stands a higher chance because he is using various means to job search.
Answer:
Option A. Variable costs of $56,700 and $43,900 of fixed costs
Explanation:
Given:
Jase Manufacturing Co.'s static budget at 7,800 units of production includes;
Direct labor = $39,000
Electric power = $3,120
Total fixed costs= $43,900
Variable costs = [$(39,000 + 3,120) ÷ 7800] × 10,500= $56,700
Fixed costs = $43,900
I’m sorry for making it happen again but it’s not like that
