Serotta corporation is planning to issue bonds with a face value of $300,000 and a coupon rate of 12 percent. the bonds mature in two years and pay interest quarterly every march 31, june 30, september 30, and december 31. all of the bonds were sold on january 1 of this year. serotta uses the effective-interest amortization method and does not use a premium account. assume an annual market rate of interest of 8 percent.
1. provide the journal entry to record the issuance of the bonds january 1
2. provide the journal entry to record the interest payment on march 31, june 30, september 30, and december 31 of this year. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. round your final answers to nearest whole dollar amount.)
3. what bond payable amount will serotta report on this year's december 31 balance sheet?

Which term best fits the sentence? is the process of reasoning, analyzing, and making important decisions. it’s an important skill in making career decisions. a. critical thinking b. weighing pros and cons c. goal setting

Cadbury has a chocolate factory in dunedin, new zealand. for easter, it makes two kinds of “easter eggs”: milk chocolate and dark chocolate. it cycles between producing milk and dark chocolate eggs. the table below provides data on these two products. demand (lbs per hour) milk: 500 dark: 200 switchover time (minutes) milk: 60 dark: 30 production rate per hour milk: 800 dark: 800 for example, it takes 30 minutes to switch production from milk to dark chocolate. demand for milk chocolate is higher (500lbs per hour versus 200 lbs per hour), but the line produces them at the same rate (when operating): 800 lbs per hour. a : suppose cadbury produces 2,334lbs milk chocolate and 1,652 lbs of dark chocolate in each cycle. what would be the maximum inventory (lbs) of milk chocolate? b : how many lbs of milk and dark chocolate should be produced with each cycle so as to satisfy demand while minimizing inventory?

Find the zeros of the polynomial 5 x square + 12 x + 7 by factorization method and verify the relation between zeros and coefficient of the polynomials