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Orlov [11]
3 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]3 years ago
5 0
50000+50=100010101 please like I need to finish my homework this app is saving me
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Maria Alverez has received a paycheck for $250, which she wishes to cash at her bank. She will need to use a blank endorsement o
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She would need an Address an   Social Security number (or ITIN)  with a

Valid ID

8 0
3 years ago
When using the periodic system the physical inventory count is used to determine Select one: a. both the cost of the goods sold
AlexFokin [52]

Answer:

a. both the cost of the goods sold and the cost of ending inventory.

Explanation:

The physical count is used in the periodic inventory system to calculate the amount of ending inventory. However the cost of goods sold can be derived from using the ending inventory count. Suppose we have ending inventory of 100 units and Purchases were 500 units  Also there were no beginning inventory units so the Cost of goods Sold can be calculated as

Cost of Goods Sold= Beginning Inventory Add Purchases Less Ending Inventory

Cost of Goods Sold=  0 + 500- 100= 400

8 0
3 years ago
International trade-dependent jobs have grown at a rate three times the growth of U.S.-dependent jobs.
HACTEHA [7]

Answer: True

Explanation:

International trade is simply exchange of goods and services that take place between countries. It should be noted that gloabl trading gives the countries and the consumer opportunity through which they're exposed to the produfte that they don't have in their countries.

International trade-dependent jobs have grown at a rate three times the growth of U.S.-dependent jobs.

This is True

3 0
3 years ago
Orel's credit card has an APR of 12.15% and a grace period of 16 days, and Orel pays his balance in full every month. If his las
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. yes, because he didnt pay within the grace period 
3 0
3 years ago
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1. Over the past year, a customer has surrendered, in whole or in part, three life insurance policies. If part of a money launde
Thepotemich [5.8K]

Answer:

It represents the Integration stage

Explanation:

Money laundering is an illegal chain of activities done by individuals or corporate bodies to change the status of money gotten through a criminal activity into legitimate money. This chain of activities starts with the Placement stage then transforms into the Layering stage, then ends when it is already integrated into the legitimate financial system through the Integration stage.

After the money launderer conceals the illegal money through bank deposits or purchasing a life insurance policy at the Placement stage, the launderer then proceeds to further break the money into smaller amounts to evade suspicion by numerous transactions and bank deposits at the Layering stage, which is then ended by partial or whole surrenders of life insurance policies to make it now legitimate money.

3 0
2 years ago
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