subject
Business, 01.11.2020 01:20 bren27

On January 1, 2021, Splash City issues $470,000 of 9% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. Required:
Assuming the market interest rate on the issue date is 9%, the bonds will issue at $470,000. Record the bond issue on January 1, 2021, and the first two semiannual interest payments on June 30, 2021, and December 31, 2021.

Journal entries to:
A) Record the bond issue.
B) Record the first semiannual interest payment.
C) Record the second semiannual interest payment.

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 23.06.2019 01:30, stranger123
At the end of the fiscal year, apha airlines has an outstanding non-cancellable purchase commitment for the purchase of 1 million gallons of jet fuel at a price of $4.10 per gallon for delivery during the coming summer. the company prices its inventory at the lower of cost or market. if the market price for jet fuel at the end of the year is $4.50, how would this situation be reflected in the annual financial statements?
Answers: 2
image
Business, 23.06.2019 03:30, karly8108
Which of the filling is a social news site
Answers: 3
image
Business, 23.06.2019 04:40, betoo9090
Aneighborhood home owners association suspects that the recent appraisal values of the houses in the neighborhood conducted by the county government for taxation purposes is too high. it hired a private company to appraise the values of ten houses in the neighborhood. the results, in thousands of dollars, are?
Answers: 1
image
Business, 23.06.2019 13:30, sreeytran
Will give brainliest and 100 to best and correct project: benefit analysis study: small business expansion you are the owner of a small business that offers advertising services for your local homebuilding professionals. originally you were the only employee, working at your desktop at home. now your business is growing and you need to add more workers. the first assessment of your current situation: one worker, one desktop computer, one modem, one printer/scanner, one phone line (dsl). you also created a draft situation of what technology you will need if you add two more workers (three workers including yourself): three computers, one router, one printer/scanner, one phone line (wireless). do a one-page benefit analysis study that: compares the cost of adding two desktops vs. one or two laptops compares the cost of replacing the modem with a router/modem. compares the cost of building a wan vs. a lan or a vpn summarizes the total cost of maintaining your home office as the only computing space for your three-worker company. compare this cost with the option of building a network that includes your home office and two satellite locations. here are some questions you may want to consider: do i need a firewall to protect my company's data? are my two new workers' job responsibilities primarily mobile? are they going to be doing enough work in the field to justify owning laptops? what software needs to be installed in their computers for network connections (desktop vs. laptop)?! i will give 100 points and ! !
Answers: 3
You know the right answer?
On January 1, 2021, Splash City issues $470,000 of 9% bonds, due in 20 years, with interest payable...

Questions in other subjects:

Konu
Mathematics, 04.12.2020 21:40