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Westkost [7]
3 years ago
7

if abc company receives $100,000 cash in exchange for issuing 100 bonds at their $1,000 face value, the transaction will be reco

rded with a
Business
1 answer:
m_a_m_a [10]3 years ago
8 0

Based on the information the appropriate journal entry to record the transaction is : Debit to cash of $100,000; Credit to bonds payable of $100,000.

Based on the information given we were told that the cash  amount of $100,000 cash was received my the company in exchange for issuing 100 bonds at their $1,000 face value.

Therefore the correct journal entry to record the transaction is:

Debit  Cash  $100,000

Credit Bonds payable  $100,000

(To record bonds payable)

Learn more here:<em> brainly.com/question/19091678</em>

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One point on a market supply curve represents $4 and 100 units quantity supplied. If there are three suppliers, and at a price o
Klio2033 [76]

Answer:

Option "C" is the correct answer to the following question:

Explanation:

Given:

Total market supply = $4 and 100 quantity  

Number of suppliers = 3

1st supplier supplies = $4 and 23 units  

Computation of total remain units:

Total remain units = 100 units - 1st supplier units

Total remain units = 100 units - 23 units

Total remain units = 77 units

So,

Only option "C" satisfies the total supply of remain 77 units with two suppliers.

40 units + 37 units

77 units

3 0
3 years ago
Delmar Company purchased a building on January 2 by signing a long-term $480,000 mortgage with monthly payments of $4,400. The m
photoshop1234 [79]

Answer and Explanation:

The journal entries are shown below:

For the month of January

Cash $480,000

          To Mortgage Payable $480,000

(Being the mortgage payable is recorded)

For recording this we debited the cash as it increased the assets and credited the mortgage payable as it also increased the liabilities

For the month of February

Mortgage Payable $400

Interest Expense $4,000    {($480,000 × 10%) ÷ 12 months}

             To Cash $4,400

(Being the cash paid is recorded)

For recording this we debited the mortgage payable and interest expense as it decreased the liabilities and increased the expenses and credited the cash as it decreased the assets

Now the balance left is

Beginning balance of  Mortgage Payable $480,000

Less: February Deduction (400)

Ending Balance of Mortgage Payable $479,600

6 0
3 years ago
Opening several loans within a 60-day period can do which of the following to a credit score?
SOVA2 [1]
C. Reduce it tremendously
3 0
3 years ago
Read 2 more answers
The percentage of network programming on broadcast TV that involves sports is _______________________.
Dmitry_Shevchenko [17]

Answer: Fifty percent.

Explanation:

8 0
3 years ago
Dell works with software creators such as Oracle and Microsoft to help increase business sales of its servers and their software
kiruha [24]

Dell works with software creators such as Oracle and Microsoft to help increase business sales of its servers and their software. This is an example of a strategic alliance.

A strategic alliance refers to a mutual bond between two companies that are arranged where they create their project while maintaining a certain degree of independence in decision-making.

  • This agreement between two companies adheres to a set of mutually agreed upon clauses and protocols while remaining independent organizations in and of themselves.
  • Strategic alliances are usually made in order to collaborate upon a project that ends up being beneficial for both the companies involved in the alliance, without hampering the independent capacities of any particular company.
  • Strategic alliance helps by expanding into a newer market, introducing new products, and efficiently dealing with new and potential competitors.

Therefore, Dell works with software creators such as Oracle and Microsoft to help increase business sales of its servers and their software. This is an example of a strategic alliance.

Learn more about a strategic alliance here: brainly.com/question/4467038

#SPJ4

7 0
2 years ago
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