The following transactions were completed by winklevoss inc., whose fiscal year is the calendar year: 20y1 july 1 issued $74,000,000 of 20-year, 11% callable bonds dated july 1, 20y1, at a market (effective) rate of 13%, receiving cash of $63,532,267. interest is payable semiannually on december 31 and june 30. dec. 31 paid the semiannual interest on the bonds. the bond discount amortization of $261,693 is combined with the semiannual interest payment. 20y2 june 30 paid the semiannual interest on the bonds. the bond discount amortization of $261,693 is combined with the semiannual interest payment. dec. 31 paid the semiannual interest on the bonds. the bond discount amortization of $261,693 is combined with the semiannual interest payment. 20y3 june 30 recorded the redemption of the bonds, which were called at 98. the balance in the bond discount account is $9,420,961 after payment of interest and amortization of discount have been recorded. (record the redemption only.)

required:

1. journalize the entries to record the transactions. round all amounts to the nearest dollar. refer to the chart of accounts for exact wording of account titles.

2. indicate the amount of the interest expense in (a) 20y1 and (b) 20y2.

3. determine the carrying amount of the bonds as of december 31, 20y2.

Acompany set up a petty cash fund with $800. the disbursements are as follows: office supplies $300 shipping $50 postage $30 delivery expense $350 to create the fund, which account should be credited? a. postage b. cash at bank c. supplies d. petty cash

Drag the tiles to the correct boxes to complete the pairs.(there's not just one answer)match each online banking security practice with the pci security requirement that mandates it.1. encrypting transfer of card data2. installing a firewall3. installing antivirus software4. assigning unique ids and user namesa. vulnerability management programb. credit card data protectionc. strong access controlsd. secure network

Required information problem 15-1a production costs computed and recorded; reports prepared lo c2, p1, p2, p3, p4 [the following information applies to the questions displayed below. marcelino co.'s march 31 inventory of raw materials is $84,000. raw materials purchases in april are $540,000, and factory payroll cost in april is $364,000. overhead costs incurred in april are: indirect materials, $59,000; indirect labor, $26,000; factory rent, $38,000; factory utilities, $19,000; and factory equipment depreciation, $58,000. the predetermined overhead rate is 50% of direct labor cost. job 306 is sold for $670,000 cash in april. costs of the three jobs worked on in april follow. job 306 job 307 job 308 balances on march 31 direct materials $30,000 $36,000 direct labor 25,000 14,000 applied overhead 12,500 7,000 costs during april direct materials 133,000 210,000 $100,000 direct labor 105,000 150,000 101,000 applied overhead ? ? ? status on april 30 finished (sold) finished in process (unsold) required: 1. determine the total of each production cost incurred for april (direct labor, direct materials, and applied overhead), and the total cost assigned to each job (including the balances from march 31). a-materials purchases (on credit). b-direct materials used in production. c-direct labor paid and assigned to work in process inventory. d-indirect labor paid and assigned to factory overhead. e-overhead costs applied to work in process inventory. f-actual overhead costs incurred, including indirect materials. (factory rent and utilities are paid in cash.) g-transfer of jobs 306 and 307 to finished goods inventory. h-cost of goods sold for job 306. i-revenue from the sale of job 306. j-assignment of any underapplied or overapplied overhead to the cost of goods sold account. (the amount is not material.) 2. prepare journal entries for the month of april to record the above transactions. 3. prepare a schedule of cost of goods manufactured. 4.1 compute gross profit for april. 4.2 show how to present the inventories on the april 30 balance sheet.