On January 1, Vega Company purchased as an investment a $1,000, 6% bond for $1,000. The bond pays interest on January 1. The bond is sold on July 1 for $1,100 plus accrued interest. Interest has not been accrued since the last interest payment date. What is the entry to record the cash proceeds at the time the bond is sold

Dr Cash, $1,160

Cr Debt Investments $1,000

Cr Gain on sales of Debt Investments 100

Cr Interest Revenue $60

Explanation:

Preparation of the entry to record the cash proceeds at the time the bond is sold

Dr Cash, $1,160

[1,100+(6%*$1,000]

Cr Debt Investments $1,000

Cr Gain on sales of Debt Investments 100

(1,100-1,000)

Cr Interest Revenue $60

(6%*$1,000)

if kj of heat is transferred o 1200 g liquid water at 36'c, what would the new temperature of the water be? (he specific heat capacity of liquid water is 4.186 j/g''c)

a. 15'c

b.100'c

c.51'c

d.36'c

forbearance of student loan payments. under forbearance, your loan payments are postponed (or reduced) but interest continues to accrue during the period of forbearance. if you don't pay the interest during that period, the interest may be “capitalized,” which means it is added to your principal balance.