Which of the following situations represents commodity-backed money? choose one:
a. dollars are printed on paper and have value because the government says they have value.
b. checks are printed on paper and can be cashed in for printed currency.
c. coins are minted with a type of metal that has little to no intrinsic value.
d. dollars are printed on paper and have value because they can be converted at a fixed rate into a valuable commodity.
e. coins are minted with gold and have a value based on the amount of gold the coin contains.

Colah company purchased $1.8 million of jackson, inc. 8% bonds at par on july 1, 2018, with interest paid semi-annually. when the bonds were acquired colah decided to elect the fair value option for accounting for its investment. at december 31, 2018, the jackson bonds had a fair value of $2.08 million. colah sold the jackson bonds on july 1, 2019 for $1,620,000. the purchase of the jackson bonds on july 1. interest revenue for the last half of 2018. any year-end 2018 adjusting entries. interest revenue for the first half of 2019. any entry or entries necessary upon sale of the jackson bonds on july 1, 2019. required: 1. prepare colah's journal entries for above transaction.

Why are there so many types of diversion programs for juveniles

To determine customer opinion of their safety features, daimler minus chrysler randomly selects 120 service centers during a certain week and surveys all customers visiting the service centers.