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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

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A food handler is prepping a seafood coconut curry dish on april 4 using shrimp and scallops. the shrimp has a use-by date of ap
fgiga [73]

The correct answer would be April 8.

Explanation:

A food handler or a chef is prepping a seafood coconut curry dish on April 4. This dish uses shrimps and scallops as ingredients. Shrimps has an use by date of 8th April, and the scallops has the use by date of 10th April. So now the use by date of seafood coconut curry needs to be determined.

It is very simple to determine the use by date of seafood coconut curry. The use by date of both ingredients would be seen, and the use by date of any product which is earlier than use by date of the other, would be set as the use by date of the seafood coconut curry.

So the use by date of shrimps is April 8, so the use by date for the seafood coconut curry would be April 8 too, otherwise due to the expiration of the shrimps on April 8, the whole food will be wasted.

Learn more about the similar concept at:

brainly.com/question/11360013

#LearnWithBrainly

6 0
4 years ago
How often do bondholders generally receive interest payments on their bond investment?
AURORKA [14]
Bondholders earn income in two primary ways. First, most bonds return regular interest—coupon rate—payments that are usually paid semi-annually. However, depending on the structure of the bond it may pay yearly, quarterly, or even monthly coupons.
6 0
3 years ago
Schreiber Industries estimates bad debts at 2% of sales. Schreiber began the year with $270,000 of accounts receivable and $38,6
lorasvet [3.4K]

Answer:

The total amount of account receivable it's $246.400

Explanation:

At the beginning the company had $270.000 in the account receivable and $38.600 of allowance for bad debt, when the company wrote off bad debt, it entry a credit in the Account Receivable and a Debit in hte Allowance for bad debt.

The new balance are $244.400 in the accounts receivables and $12.600 as credit in the allowance for bad debt, with the new sales the company generate an extra account receivable of $15.000, so the net value of Accounts Receivable it's $246.400.

7 0
3 years ago
Freeze Ice Cream Shop sells its specialty shakes for $3.50 each. In the summer months, the shop typically sells 200 shakes a day
mamaluj [8]

As a result of the demand increasing only slightly compared to the reduction in price, the demand must be <u>inelastic</u>.

<h3>Why is the demand inelastic?</h3><h3 />

The demand is considered to be inelastic if the price elasticity is less than 1.

The price elasticity is:

= (%Change in quantity/% Change in price)

Solving gives:

= 15 / 200 ÷ 0.50 / 3.50

= -0.525

In conclusion, the demand for the shakes is inelastic.

Find out more on inelastic demand at brainly.com/question/1899986.

5 0
2 years ago
If the margin of safety is $200,000, fixed expenses are $50,000 and sales revenue is $500,000, what are variable costs?
Setler79 [48]

Answer: $250,000

Explanation:

4 0
2 years ago
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