Like Corporation issued (at a premium of $5,000) a $100,000 bond issue convertible into 2,000 shares of common stock (par value $20). These bonds were converted to common stock on January 2, 2016. At the time of the conversion, the unamortized premium is $2,000, the market value of the bonds is $110,000, and the stock is quoted on the market at $60 per share. to be recorded on the conversion of the bonds? Prepare the journal entry to record the conversion of the bonds to common stock.

Brenda wants a new car that will be dependable transportation and look good. she wants to satisfy both functional and psychological needs. true or false

An essential element of being receptive to messages is to have an open mind true or false

The following information is from the 2019 records of albert book shop: accounts receivable, december 31, 2019 $ 42 comma 000 (debit) allowance for bad debts, december 31, 2019 prior to adjustment 2 comma 000 (debit) net credit sales for 2019 179 comma 000 accounts written off as uncollectible during 2017 15 comma 000 cash sales during 2019 28 comma 500 bad debts expense is estimated by the method. management estimates that $ 5 comma 300 of accounts receivable will be uncollectible. calculate the amount of bad debts expense for 2019.