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
sleet_krkn [62]
2 years ago
10

A company issues $100,000 of 5%, 10-year bonds dated january 1. The bonds pay interest semiannually on june 30 and december 31 e

ach year. If the bonds are sold at par value, the issuer records the sale with a debit to:.
Business
1 answer:
Gnesinka [82]2 years ago
5 0

Assuming  the bonds are sold at par value, the issuer will records the sale with a debit to: Cash $100,000.

<h3>Journal entry</h3>

Based on the information given if the company issues the amount of  $100,000 of 5%, 10-year bonds dated january 1 the appropriate journal entry to record this transaction is:

Debit Cash $100,000

Credit Bond payable $100,000

(To record bonds sold at par value)

Inconclusion the issuer will records the sale with a debit to: Cash $100,000.

Learn more about journal entry here:brainly.com/question/14279491

You might be interested in
Roger parked his car at a garage that has a large sign at the entrance saying, "This garage is not liable for items stolen from
denpristay [2]

Answer: True

Explanation:

An exculpatory clause is a form of contract provision which relieves one party of liability when damages are caused while executing the contract. The party which ssues the exculpatory clause is the one that is seeking to be relieved of any potential liability incurred.

There has already been a notice that "the garage is not responsible for any item stolen from the car". Roger parking his car at the garage is at his own risk as the garage owners won't be responsible.

6 0
2 years ago
You are giving a tour of businesses to several classical musicians from China. One of the Chinese in the tour group has asked yo
HACTEHA [7]

Answer:

Purpose of business is to increase general well being of people by selling goods and services.

Explanation:

The main purpose of business is to increase well being of people, make profits for its stakeholders and offering value for money to its customers or clients through products and or services. The products and services provided by the company should not harm its customers and clients instead these products and services should provide benefits to its users and satisfy their needs. While making profits a company should keep scarce resources in mind so the needs of the future generation is not compromised also it does not harm the environment by its poisonous wastage. Every business requires some form of investment as an input though which quality output can be provided to its customers and clients.

5 0
3 years ago
If purchasing power parity holds, when a country's central bank decreases the money supply, its:_____.
polet [3.4K]

If purchasing power parity holds, when a country's central bank decreases the money supply, its <u>If purchasing power parity holds, when a country's central bank decreases the money supply, its price level (rises/falls) and its currency (appreciates/depreciates) relative to other currencies in the world. </u>

A theory of exchange rate determination and a means to compare average prices of goods and services between nations is purchasing power parity (PPP).

According to the hypothesis, fluctuations in the spot exchange rate are caused by importers' and exporters' actions, which are prompted by variations in prices across nations.

Alternatively, PPP contends that changes to a nation's current account may have an impact on the value of the currency's exchange rate on the foreign exchange (Forex) market.

In contrast, the interest rate parity theory postulates that fluctuations in the exchange rate are caused by investor actions (whose transactions are reported on the capital account).

The "law of one price" as it pertains to the overall economy is the foundation of PPP theory.

Hence, option A and D is correct.

To learn more about PPP here

brainly.com/question/27463586

#SPJ4

8 0
2 years ago
Suppose that a young couple has just had their first baby and they wish to ensure that enough money will be available to pay for
yuradex [85]

Answer:

B. $40,955.35

Explanation:

The computation of the amount that need to pay is shown below:

The Amount needed at 18 age is

= Present value of all future expenses

= $8000 × (1.02)^18 + $8,000 × (1.02)^19 ÷ 1.1 +$ 8000 × (1.02)^20 ÷ (1.1)^2 + $8,000 × (1.02)^21 ÷ (1.1)^3

= $11,425.6 + 10,594.98 + 9,824.44 + 9,109.39

= $40,954.95

It is nearest to option B

7 0
3 years ago
Jake is in the stands at a football game with his girlfriend. He decides that he needs to ask her something very personal, so he
kenny6666 [7]
Jake has changed the SOCIAL PSYCHOLOGICAL CONTEXT.
Context refers to the environment in which communication take place. There are four types of context, which are: cultural, temporal, physical and social psychological context.
Social psychological context refers to the formality or informality of the situation depending on the relationship between the two people that are communicating.<span />
4 0
2 years ago
Read 2 more answers
Other questions:
  • John and Jean are married and decide to open three separate accounts for their money. What is the most likely reason for their d
    5·2 answers
  • What activities would a product owner typically undertake in the phase between the end of the current sprint and the start of th
    7·1 answer
  • What should you do before giving contact information for your references to a potential employer? A. Notify references and get t
    15·2 answers
  • Which of the following is not one of the reasons to document your secondary sources? It shows your audience that you have suffic
    9·1 answer
  • If U.S. residents chose to travel overseas less due to concerns about the safety of foreign travel, then in the open-economy mac
    13·1 answer
  • Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 31 appear below.
    5·1 answer
  • A new product innovation that is consistent with the values and experiences of potential adopters and attracts new buyers at a r
    11·1 answer
  • The comparative statements of Carla Vista Co. are presented here.
    10·1 answer
  • My name is Felicia McMillian, and I was referred to you by a friend. I have a question about what I should do with my money. I'v
    6·1 answer
  • Marketers competing on product attributes and image are said to be participating in:
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!