Business, 24.06.2019 10:50 globalremix

P10.4a (lo 3, 5) kershaw electric sold $6,000,000, 10%, 15-year bonds on january 1, 2019. the bonds were dated january 1, 2019, and paid interest on january 1. the bonds were sold at 98. prepare entries to record issuance of bonds, interest accrual, and bond redemption. instructions a. prepare the journal entry to record the issuance of the bonds on january 1, 2019. b. at december 31, 2019, $8,000 of the discount on bonds payable account has been amortized. show the balance sheet presentation of the long-term liability at december 31, 2019. c. on january 1, 2021, when the carrying value of the bonds was $5,896,000, the company redeemed the bonds at 102. record the redemption of the bonds assuming that interest for the period has already been paid.

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 14:30

Amethod of allocating merchandise cost that assumes the first merchandise bought was the first merchandise sold is called the a. last-in, first-out method. b. first-in, first-out method. c. specific identification method. d. average cost method.

Answers: 3

Answer

Business, 22.06.2019 18:00

On september 1, 2016, steve loaned brett $2,000 at 12% interest compounded annually. steve is not in the business of lending money. the note stated that principal and interest would be due on august 31, 2018. in 2018, steve received $2,508.80 ($2,000 principal and $508.80 interest). steve uses the cash method of accounting. what amount must steve include in income on his income tax return?

Answers: 1

Answer

Business, 22.06.2019 19:20

Advertisers are usually very conscious of their audience. choose an issue of a popular magazine such as time, sports illustrated, vanity fair, rolling stone, or the like. from that issue select three advertisements to analyze. try to determine the audience being appealed to in each advertisement and analyze the appeals used to persuade buyers. how might the appeals differ is the ads were designed to persuade a different audience.

Answers: 2

Answer

Business, 22.06.2019 22:00

Which of the following statements about nonverbal communication is most accurate? a. the meanings of some gestures can vary among cultures b. the way an e-mail, letter, memo, or report looks can have either a positive or a negative effect on a receiver c. the manner in which we structure and use time can reveal our personalities and attitudes d. all statements are accurate

Answers: 1

Answer

You know the right answer?

P10.4a (lo 3, 5) kershaw electric sold $6,000,000, 10%, 15-year bonds on january 1, 2019. the bonds...

Questions