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irina1246 [14]
2 years ago
14

The stock of NorthPoint Corporation is currently selling for $10 per share. Earnings per share in

Business
1 answer:
Westkost [7]2 years ago
6 0

a or b

hope it help ok be

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Iceland produces two goods: Viking hats (Y) and fish (X). Its production possibilities frontier is characterized as: Y = 50 – 2X
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Valuable skills and knowledge that employees possess is called
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The three main logical operators are ________, _________, and ________.
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The three main logical operators are ___and_____, ____or_____, and ____not____.
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Presented below is a partial amortization schedule for Discount Foods: Interest Increase in Carrying Period Cash Paid Expense Ca
ratelena [41]

Answer:

Dr cash                                     $74,100

Dr discount on bonds payable $10,900

Cr Bonds payable                                  $85,000

The interest expense

Dr interest expense                 $2,964

Cr discount on bonds payable              $264

Cr cash                                                    $2,700

Explanation:

From the amortization presented in the question,the present value of the bonds,which is proceeds received from bond issues was $74,100,which implies that the bonds were issued at a discount of $10,900 ($85,000-$74,100).

The entries for the bond issue would a debit of $74,100 to cash while a debit of $10,900 is posted to discount on bonds payable.The credit to bonds payable account would the face value of $85,000

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