Red information assume down, inc., was organized on may 1 to compete with despair, inc.—a company that sells de-motivational posters and office products. down, inc., encountered the following events during its first month of operations. received $45,000 cash from the investors who organized down, inc. borrowed $18,000 cash and signed a note due in two years. ordered equipment costing $13,000. purchased $9,000 in equipment, paying $4,000 in cash and signing a six-month note for the balance. received the equipment ordered in (c), paid for half of it, and put the rest on account. prepare journal entries for each transaction. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.) next visit question mapquestion 11 linked to 12 of 24 total 11 12 of 24 pre

On the first day of the fiscal year, a company issues an $7,500,000, 8%, five-year bond that pays semiannual interest of $300,000 ($7,500,000 × 8% × ½), receiving cash of $7,740,000. journalize the first interest payment and the amortization of the related bond premium. round to the nearest dollar. if an amount box does not require an entry, leave it blank.

Suppose that a worker in agland can produce either 10 units of organic grain or 2 units of incense per year, and a worker in zenland can produce either 5 units of organic grain or 15 units of incense per year. there are 20 workers in agland and 10 workers in zenland. currently the two countries do not trade. agland produces and consumes 100 units of grain and 20 units of incense per year. zenland produces and consumes 50 units of grain and no incense per year. if each country made the decision to specialize in producing the good in which it has a comparative advantage, then the combined yearly output of the two countries would increase by a. 30 units of grain and 100 units of incense. b. 30 units of grain and 150 units of incense. c. 50 units of grain and 90 units of incense. d. 50 units of grain and 130 units of ince

Why might a business based on a fad be a good idea? question 2 options: fads bring in the most customers. some fads are longer lasting than expected. fads have made some business owners incredibly wealthy. fads can take a business in a new direction.