1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mafiozo [28]
2 years ago
6

Casey Company retired $500,000 face value, 9% bonds on June 30, 2021 at 96. The carrying value of the bonds at the redemption da

te was $508,000. Prepare the journal entry to record the redemption of the bonds.
Business
1 answer:
Annette [7]2 years ago
4 0

Based on the information given the appropriate journal entry to record the redemption of the bonds is:

Casey Company  Journal entry

June 30, 2021

Debit Bonds payable                     $500,000  

Debit Premium on bonds payable $8,000

($508,000-$500.000)

Credit Gain on bond redemption  $28,000

($508,000 - $480,000)

Credit Cash                                   $480,000

($500,000 x 96%)

(To record redemption of the bonds)

Learn more here:brainly.com/question/23875796

You might be interested in
" if the speaker used to consume 2000 calories a day, how much do they now consume? math problem
madreJ [45]
Need the rest of the question. You will likely need divide the number of calories by a time interval (ex 24 hrs) and find the difference.
4 0
3 years ago
Beach Grub is a chain of "fast casual" restaurants that sells its menu items at higher prices than its competitors. Yet, the res
Lerok [7]

Answer:

Differentiation strategy

Explanation:

Differentiation strategies seek to create higher value for their customers by producing goods and services that offer unique features that differentiate them form their competitors. This is done while trying to keep the same or similar (maybe a bit more expensive) price levels as the competition .

In this case Beach Grub offers a differentiated service while keeping their prices higher than the competition but not as high as luxurious restaurants.

7 0
4 years ago
Suppose the following information was taken from the 2014 financial statements of FedEx Corporation, a major global transportati
MatroZZZ [7]

Answer:

Please see attachment

Explanation:

Please see attachment

6 0
3 years ago
According to Lee, by developing collaborative relationships with suppliers and customers, employing postponement, building a dep
BigorU [14]

Answer:

4. Agility and Alignment

Explanation:

Based on the information provided within the question it can be said that these factors will help a company foster Agility and Alignment. This means that the company will be able to able to rapidly adapt to the inevitable changes that occur by changing up it's business configuration instantly, as well as being completely organized in every aspect of the business structure.

3 0
3 years ago
Becky asks her friend Maggie to walk her dog for her, and Maggie agrees. While out walking, the dog gets away from Maggie and ru
mezya [45]

Answer:A. Becky is liable for the damages to Mr. Edwards' garden, because she exercised control over her agent, Maggie.

Explanation:This is a situation where a person is working under the instructions of another, Becky will take the full responsibility for the damage done by the Dog to Mr. Edwards garden.

This can be seen also in conditions where a principal gives instructions or job to an Agent, the actions of the agent will directly impact the Principal as the Agent is working according to the directives of the principal.

7 0
3 years ago
Other questions:
  • Larry can vote in person at the company’s annual meeting, through the mail, or by transferring the right to vote to another pers
    7·2 answers
  • Which of the following is not an attribute of every leader?
    6·2 answers
  • The management of Elamin Corporation is considering the purchase of a machine that would cost $365,695 and would have a useful l
    9·1 answer
  • During the first year of operations, Forrest Company paid $30,000 for direct materials and $50,000 in wages for production worke
    10·1 answer
  • Explain the tradeoffs that people may face when choosing a house or an apartment
    14·1 answer
  • Isaac is looking for a physical access solution for his company. He needs the solution to use asymmetric cryptography or public-
    5·1 answer
  • The common stock of Federal Logistics is selling for $57.56 per share. The company pays a constant annual dividend and has a tot
    5·1 answer
  • Your firm has net income of $357 on total sales of $1,380. Costs are $760 and depreciation is $110. The tax rate is 30 percent.
    10·1 answer
  • 25. Math To make their exports suitable for use in
    7·1 answer
  • What is Postage(in accounts)​
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!