On january 1,2018, the chaucer’s restaurant decides to invest in lake turner bonds. the bonds mature on december 31,2023, and pay interest on june 30 and december 31 at 4% annually. the market rate of interest was 4% on january 1, 2018 so the 90,000 maturity value bonds sold for face value. chaucer intends to hold the bonds until december 31,2023.
1. journalize the tractions related to chaucer’s investment in lake turner bonds during 2018.
2. in what category would chaucer report the investment on december 31, 2018, balance sheet.

Fanning books buys books and magazines directly from publishers and distributes them to grocery stores. the wholesaler expects to purchase the following inventory: april may june required purchases (on account) $ 111,000 $ 131,000 $ 143,000 fanning books accountant prepared the following schedule of cash payments for inventory purchases. fanning books suppliers require that 85 percent of purchases on account be paid in the month of purchase; the remaining 15 percent are paid in the month following the month of purchase. required complete the schedule of cash payments for inventory purchases by filling in the missing amounts. determine the amount of accounts payable the company will report on its pro forma balance sheet at the end of the second quarter.

Select the correct answerwhat is the responsibility of each of the twelve federal reserve's banks in their districts? a. they set the prime rateob. they monitor functioning of banks in their through onsite and offsite reviewsc. they assess taxes in their destnictd. they write fiscal policies

Can someone me ? i’ll mark the best answer brainliest : )