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Liula [17]
2 years ago
6

When the market rate is 8%, a company issues $50,000 of 9%, 10-year bonds and pay interest semiannually for a selling price of $

60,000. When the bonds mature, the issuer records its payment of principal with a (debit/credit) to Bonds Payable in the amount of $
Business
1 answer:
Gre4nikov [31]2 years ago
6 0

Answer:

casate conmigo cikitita

Explanation:

marry me little girl

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the percentage of totoal workers who are out of work but seeking jobs and willing to work is known as the ___ rate?
liubo4ka [24]

Answer:

the unemployment rate

4 0
3 years ago
Read 2 more answers
Kana is a single wage earner with no dependents and taxable income of $205,000 in 2018. Her 2017 taxable income was $155,000 and
garri49 [273]

Answer:

$47439.50

Explanation:

For a single tax payer if your taxable income range is $200,000 - $500,000 then your income tax is $45,689.50 + 35% of amount over $200,000 of taxable income.

Income tax liability = $45689.50+{ 205000-200000)×35%}

$45689.50+(5000×35/100)

$45689.50+(5000×0.35)

$45689.50+1750

= $47439.50

The income tax liability will be $47439.50

5 0
3 years ago
At the end of 2013, its first year of operations, Slater Company reported a book value for its dependable assets of $40,000 for
Irina-Kira [14]

<u>Solution and Explanation:</u>

SC's Depreciable assets for the purpose of financial reporting and income taxes were $40000 and $33000 respectively. Its taxable income is$97000.Temporary difference will be there because of Depreciation.

Temporary Difference=Financial reporting Dep-Income tax depreciation

=40000 minus 33000

=7000

Pretax financial income=taxable income+Temporary Difference  

=97000+7000=$104000

Deferred tax liability=7000 multiply 30%=2100

Income tax expense=104000 multiply 30%=31200

Income tax payable=97000 multiply 30%=29100

Dec 31 Income Tax ExpensenA/C Dr. $31200

                     To Income Tax Payable A/C $ 29100

                       To Deferred Tax Liability A/C $ 2100

<u> Answer:b </u>

Slatter Company

Partial Balance Sheet

December 31, 2013

Noncurrent Liabilities

Deferred Tax Liability $2100

5 0
3 years ago
Answer completely and correctly please.
spin [16.1K]

Answer:

Explanation:

                                  September      October      Nov    December

Opening cash balance  - 9250          3490      3290       3090

Football tickets                (160)    

Entertainment                  (250)            (250)    (250)       (250)

Tuition fee                        (4,800)

Rent                                    (600)           (600)     (600)      ( 600)

Food                                   (550)           (550)      (550)       (550)

Apartment deposit            (600)                                           600

Earning                               1200           1200       1200        1200

                                           3490              3290     3090      3490

Covaig Kovar does not have enough cash for the tuition

The projected cash balance of $3490 is less than the tuition of $4800 by  $1310

With this budget he is able to realize that he needs to augment his cash inflow or cut his expenses to meet up

5 0
2 years ago
Sandhill Company had bonds outstanding with a maturity value of $313,000. On April 30, 2017, when these bonds had an unamortized
siniylev [52]

Answer:

bonds payable     313,000 debit

loss at redemption 21,520 debit

           discount on bonds payable   9,000 credit

           cash                                     325,520 credit

Explanation:

face value of the bons     313,000

discount                        <u>       (9,000)  </u>

book value of the bonds 304,000

They are called at 104/100 of the face value of $313,000

that is: 325,520 dollars

we have paid 325,520 dollars for bonds worth 304,000 dollar in our accounting thus, we have a loss for 21,520 dollars

7 0
3 years ago
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