subject
Business, 08.11.2019 04:31 mahaleyrenee1195

Benson industries, inc. issued $2,000,000 of 8% debentures on may 1, 2001 and received cash totaling $1,774,526. the bonds pay interest semiannually on may 1 and nov. 1. the maturity date on these bonds is nov. 1, 2009. the firm uses the effective interest method of amortizing discounts and premiums. the bonds were sold to yield an effective interest rate of 10%. show all calculations. 1) prepare all journal entries for 2001 2) prepare a partial balance sheet showing the presentation of the bonds and the interest payable at dec. 31, 2001

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 12:30
Diener and wallbom (1976) found that when research participants were instructed to stop working on a problem after a bell sounded, 71 percent continued working when left alone. how many continued to work after the bell if they were made self-aware by working in front of a mirror?
Answers: 2
question
Business, 22.06.2019 03:40
Apharmaceutical packaging company (ppc) has decided to reorganize its processes into cells. the company has four different production operations, each requiring a unique piece of equipment. the names and functions of the four pieces of equipment are sort, count, place, and package. the company packages five different families of products (a, b, c, d, and e). the tables below indicate the demand (total units/day by product family), required operations, and operation cycle times for each product family. assume that any individual piece of equipment is available to operate 16 hours/day, but 2 hours (in total) are lost each day on each piece of equipment due to breaks and meetings when operators are not available to operate the equipment. how many minutes/day are available for production
Answers: 3
question
Business, 22.06.2019 12:00
Agovernment receives a gift of cash and investments with a fair value of $200,000. the donor specified that the earnings from the gift must be used to beautify city-owned parks and the principal must be re-invested. the $200,000 gift should be accounted for in which of the following funds? a) general fund b) private-purpose trust fund c) agency fund d) permanent fund
Answers: 1
question
Business, 22.06.2019 17:00
Serious question, which is preferred in a business? pp or poopoo?
Answers: 1
You know the right answer?
Benson industries, inc. issued $2,000,000 of 8% debentures on may 1, 2001 and received cash totaling...
Questions
question
English, 07.04.2020 23:27
question
Mathematics, 07.04.2020 23:27
Questions on the website: 13722361