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Orlov [11]
2 years ago
7

On January​ 31, 2021​, Pristar ​Logistics, Inc., issued 10​-year, 5​% bonds payable with a face value of $5,000,000. The bonds w

ere issued at 95 and pay interest on January 31 and July 31. Pristar Logistics amortizes bond discounts using the​ straight-line method. Read the requirementLOADING.... a. Record the issuance of the bond payable on January​ 31, 2021.​ (Record debits​ first, then credits. Exclude explanations from any journal​ entries.) Journal Entry Date Accounts Debit Credit Jan 31 b. Record the payment of semiannual interest and amortization of bond discount on July​ 31, 2021. Journal Entry Date Accounts Debit Credit July 31 c. Record the interest accrual and discount amortization on December​ 31, 2021. ​(Do not round intermediary calculations. Only round the amount you enter into the input field to the nearest whole​ dollar.)
Journal Entry Date Accounts Debit Credit Dec 31
Business
1 answer:
nignag [31]2 years ago
5 0
50000+50=100010101 please like I need to finish my homework this app is saving me
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Charles wants to start a décor business and takes a loan of $35,000 from the bank to set up the business. Once the business is u
miv72 [106K]

Answer:

Sole Proprietorship

Explanation:

Charles is planning to start a sole proprietorship business. It is the most common form of business ownership.

This is the form of business owned, managed and operated by a single individual. Here, there is no distinction between the business and the owner. The owner of the business will have total control of all the profits incurred in the business and solely be responsible for all losses incurred as well.

5 0
3 years ago
Review 4: AIMS Science Practice
Zolol [24]

Answer:

  • <u><em>D. It has both good and bad effects, but we can't always predict what those are.</em></u>

<u><em></em></u>

Explanation:

Of course,  ethics mandates that the target of science and <em>new technology </em>should always pursue the good for humans; nevertheless, since time immemorial man has developed technology to make war. Thus, definetely, the first statement <em>"A It always does good for human"</em> is false.

Some other negative effects of <em>new technology</em>, like cars and nuclear power, have been harmful to the environment, but you cannot tell that this has always been so. Technology has also been developed to help the environment. For instance, panels to use solar energy do not harm the environment and seek to reduce fuel burning to help the environment. Thus, option <em>B, "It always ends up doing harm to the environment"</em> is false too.

Some of the damage that new technology can produce are not predicted both because the technology is new and because it may be used with different goals to those it was developed. This explains why option <em>C, It has many bad effects</em>, is false, and option <em>D, "It has both good and bad effects, but we can't always predict what those are", </em>is true.

5 0
3 years ago
Competition in the craft Brewing Industry in 20171. Identify the strategic issues facing craft beer brewers in 2017. What effect
Cloud [144]

Answer:

1. Threat of new entrants to the industry and the power of suppliers are the strategic issues facing craft brewers in 2017. The threat of entry has a great effect on a companies willingness to expand its product base in fear that a new entrant will either mimic or produce a substitute for their product.

2. I would recommend that small breweries need to get out there and get their product in the minds of more customers, use social media to target their audiences and consumers. They should also invest in equipment that will reduce labor costs in the long run. Risk of supply availability can be mitigated by using multiple suppliers or becoming your own suppliers and also selling to other breweries, making another source of income.

7 0
3 years ago
Which economic tool would most likely be used as part of a contractionary
Inessa05 [86]

Answer:

O B. Raising interest on reserves

Explanation:

The Federal Reserve expects banks to keep a percentage of customer deposits as reserves. The reserves cater to both the normal and unexpected withdrawals. The Federal Reserve (Fed) also uses reserve requirements as a monetary policy tool.

Interest on reserves is one of the monetary policy tools that the Fed uses regularly. The Fed pays interest on any excess reserves held by the banks. Increasing the interest paid on reserves encourages banks to hold more money.  Decreases the interest prompts the banks to lend out more. Contractionary monetary policies are measures aimed at decreasing the money supply in the economy. Increasing interest on reserves increases money held in the banking sectors, thereby slowing down money circulation.

5 0
3 years ago
A restaurant sells pizza at a rate of $13.57/slice. Expenses for the restaurant include raw material for pizza at $8.57 per slic
Sladkaya [172]

Answer:

The restaurant need to sell 46.6 slices (47 slices)

Explanation:

Giving the following information:

The restaurant sells pizza at a rate of $13.57/slice. Expenses for the restaurant include raw material for pizza at $8.57 per slice, $172.00 as monthly rental and $61.00 monthly as insurance.

To calculate the break-even point in units, we need to use the following formula:

Break-even point= fixed costs/ contribution margin

Break-even point= (172 + 61) / (13.57 - 8.57)

Break-even point= 46.6 slices

8 0
2 years ago
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