The following bond investment transactions were completed during a recent year by starks company: year 1 jan. 31. purchased 75, $1,000 government bonds at 100 plus accrued interest of $375 (one month). the bonds pay 6% annual interest on july 1 and january 1. july 1. received semiannual interest on bond investment. aug. 30. sold 35, $1,000 bonds at 98 plus $350 accrued interest (two months).
a. journalize the entries for these transactions.
b. provide the december 31, year 1, adjusting journal entry for semiannual interest earned on the bonds.

Stock market crashes happen when the value of most of the stocks in the stock market increase at the same time. question 10 options: true false

The relationship requirement for qualifying relative requires the potential qualifying relative to have a family relationship with the taxpayer. t or fwhich of the following is not a from agi deduction? a. standard deductionb. itemized deductionc. personal exemptiond. none of these. all of these are from agi deductions

Acontractor was awarded a purchase order for commercial items for $1.5 million under the authority of far subpart 13.5. the purchase order was issued in november 2010 and containedall applicable clauses that were current as of the date of the purchase order. under the purchase order, the contractor is required to comply with a small business subcontracting plan that contains all of the required elements. which of the following is true? a. the contractor must submit a standard form 294, subcontracting report for individual contracts. b. the contractor must submit an individual subcontracting report through the electronic subcontracting reporting system (esrs). c. the contractor may submit either an sf 294 or report its subcontracting through esrs. d. the contractor is not required to submit any subcontracting reports.