Finley motor company sells an automobile to sara and retains a security interest in it. the automobile is insured, and finley is named beneficiary. three days after the automobile is totally destroyed in an accident, sara files a petition in bankruptcy. as between finley and sara’s trustee in bankruptcy, who is entitled to the insurance proceeds? explain.

On december 31, 2011, daggett company issued $750,000 of ten-year, 9% bonds payable for $700,353, yielding an effective interest rate of 10%. interest is payable semiannually on june 30 and december 31. prepare journal entries to reflect (a) the issuance of the bonds, (b) the semiannual interest payment and discount amortization (effective interest method) on june 30, 2012, and (c) the semiannual interest payment and discount amortization on december 31, 2012. round amounts to the nearest dollar.

If the findings and the results are not presented properly, the research completed was a waste of time and money. true false

Atoy store has a new game in stock, but customers aren't buying it. which of the following types of inventory increases when customers aren't buying this game? a. work-in-process b. raw materials c. finished goods d. in-transit