.On May 1, 2012, Noah Unlimited issues 9%, 20-year bonds payable with a maturity value of $200,000. The bonds sell at 103 and pay interest on May 1 and November 1. Noah Unlimited amortizes bond premium by the straight-line method.

Answers

Answer 1

Answer:

1. May 1, 2012

Dr Cash $206,000

Cr Bonds payable $200,000

Cr Premium on bonds payable $6,000

2. November 1, 2012

Dr Interest expense $8,850

Dr Premium on bonds payable $150

Cr Cash $9,000

Explanation:

1. Preparation of the journal entry to record the issuance of the bonds on May 1, 2012

May 1, 2012

Dr Cash $206,000

(103%*$200,000)

Cr Bonds payable $200,000

Cr Premium on bonds payable $6,000

($206,00-$200,000)

(To record issuance of bonds)

2. Preparation of the Journal entry to record the semiannual interest payment and amortization of bond premium on November 1, 2012.

November 1, 2012

Dr Interest expense $8,850

($9,000-$150)

Dr Premium on bonds payable $150

($6,000*1/40)

Cr Cash $9,000

(9%*$200,000*6/12)

(To record semiannual interest payment and amortization of bond premium)


Related Questions

1)______elimination risks.
2)the positive factors of planning is called______.
3)planning is what to do it,how to do it,when to do it and _____in the future.
4)planning must start with simple____.
5)in business,time is gold.for this reason an,
6)entrepreneur must be efficient_____.



a.what to expect
b.time management
c.strengths
e.business plan
f.projects
g.micro​

Answers

Answer:

1. E

2. C

3. A

4. F

5. B

Explanation:

Planning can be defined as the process of developing organizational objectives and translating them into action plans or courses of action.

This ultimately implies that, planning is a strategic technique used by organizations to make an aggregate plan for its manufacturing (production) process typically ahead of time, in order to have an idea of the level of goods that are to be produced and what resources are required so as to reduce the total cost of production to its barest minimum.

1. Business plan eliminates risks. This is because it focuses on defining how a business would achieve its goals, objectives, mission and sets the overall direction for the business using specific strategies.

2. The positive factors of planning is called strengths. They give a business competitive advantage over competitors (rivals) in the same industry.

3. Planning is what to do it, how to do it, when to do it and what to expect in the future.

4. Planning must start with simple or micro projects because they generally require simple and less cumbersome management and technologies.

5. In business, time is gold. For this reason, an Entrepreneur must be efficient in time management i.e being able to control and manage time at all times.

How do worker organizations influence wages?
A. They fight for higher pay for workers.
B. They lower the market value of workers.
C. They enforce regulations raising the minimum wage.
D. They require workers to have more education.
SUBMIT

Answers

Answer:

A.

Explanation:

In many industries wages are linked to enterprise cost of living which ensures a fair wages to workers. The wage rates are directly influenced by cost of living of a place. The workers will accept a wage which may ensure them a minimum standard of living. Wages will also be adjusted according to price index number.

They fight for higher pay for workers is the way organizations influence workers for wages. In many businesses, wages are tied to the cost of living of the company, ensuring that workers are paid fairly.

What is wage employment?

In both the official and informal economies, wage employment encompasses any salaried or compensated position under contract to another person, organization, or company. Finding decent-paying work for those with impairments is often difficult.

Thus, option A, They fight for higher pay for workers is correct.

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A good credit score means you will be able to get what? (Select the best answer.)
A credit history
A lower interest rate
A default
A higher interest rate​

Answers

Answer:

you will get a credit history

Answer:

A credit history

Explanation:

A, credit history

One problem in relying on price elasticity and demand curves when setting prices is the way a product or service is marketed can have a profound impact on price elasticity. the underlying ideas of the demand curve and elasticity are less relevant in the modern economy. only economists can properly analyze demand curves and set prices using this tool. competitors can construct the same demand curves, so there is no advantage in using them. marketing split from economics over the ideas of demand and elasticity.

Answers

Answer: the way a product or service is marketed can have a profound impact on price elasticity.

Explanation:

What determines the prices of the market is the demand, this affects the price elasticity. Price elasticity and demand curves are the result of various factors, and in most scenario they determine the pricing factor in the market.

One problem in relying on price elasticity and demand curves when setting prices is the way a product or service is marketed can have a profound impact on price elasticity.

Swinging Sammy Skor's batting prowess was simulated to get an estimate of the probability that Sammy will get a hit. Let 1 = HIT and 2 = OUT. The output from the simulation was as follows.
1 2 2 2 2 2 2 2 2 2 1 2 2 2 2 2 2 1 2 1 2 2 2 2 2 1 2 2 2 1 2 2 2 2 2 2 2 2 1 2 2 2
Estimate the probability that Sammy makes an out.

A. 0.929

B. 0.782

C. 0.833

D. 0.621

Answers

Answer:

I think its B!

Hope this helped! Good luck!! :)

Answer: B is the answer

Explanation:

Violet Inc. has been undertaking a lot of responsibilities as a company in order to be the best in its industry. Over time, however, these responsibilities become tough to handle and the company finds it difficult to efficiently manage the time and effort to perform its activities. In contrast, other firms in the industry that outsource some of their activities to smaller companies find it easier to generate more profit than Violet Inc. The situation faced by Violet Inc. in this example illustrates one of the important disadvantages of vertical integration that is _________.
A. loss of focus
B. loss of flexibility
C. loss of frequency
D. loss of facility

Answers

( b ) : loss of flexibility.

4. How do dependent tasks differ from primary tasks? ​

Answers

Answer:

The answer is below

Explanation:

Dependent task is a term used to describe a type of task that is associated with the main or independent task under a particular scope of work. It is usually a sub-task of the whole task that needs to be executed.

On the other hand, a Primary task is a term used to describe a type of task that takes the center stage or the major task with priority. It takes the largest or most resources in its execution.

Kristina is tempted to get a credit card now that she is in college. What is one fiscally responsible reason for Kristina to get a credit card? A. She will be able to buy whatever she wants. B. She won’t have to carry cash everywhere. C. Price will no longer need to be considered when she makes purchases. D. She will receive a free tee-shirt when she opens the account.

Answers

Answer:

B because it is the only one except for d that cant be done using cash and d is just not it

Explanation:

Answer:

it would be B

Explanation: because you can definitely rule out D, C is definitely not it because you should still consider pricing with whatever you buy. With A it isn't a good reason because you may not have a lot of money on your card.

Your friend Marco loves being on his phone and interacting on social media. He knows that you are studying different careers and asks you what kinds of careers he might consider that would allow him to learn more about communications. You know that advances in telecommunication are always being introduced, and in the future more and more people will be needed in the Energy cluster to design, create, advertise, and sell new ways of communicating. List two careers that he could pursue along the telecommunication pathway. What kind of skills or talents would he need in these two careers? How could he gain the talents or skills to succeed in these two careers?

Answers

Answer: The two pathway he can pursue on telecommunication pathway are public relations and social media manager. This is considering the fact that he loves interacting with the world on social media.

Explanation:

The two pathway he can pursue on telecommunication pathway are public relations and social media manager. This is considering the fact that he loves interacting with the world on social media.

The kind of skills he would need in this career are communicating skills and branding or marketing. In communication skill, he would need to know how to interact with various kinds of people on social media and how to present products to them. On branding skills, he would need to know how to build and maintain brands, which are a window to how organizations are seen.

To gain the talent or skills, he would need to enroll in college to study public relations or marketing, then there after take up multiple trianings on relating to them.

Name two defferences between basic wants and secondary wants​

Answers

Answer:

The answer is below

Explanation:

The difference between basic wants and secondary wants​ lies in how much humans want them in terms of survival.

Therefore, the two of the main differences between Basic wants and Secondary wants are:

1. Basic wants are wants of humans that are meant for survival or cannot do without while secondary wants are not meant for human survival or humans can do without.

2. Without Basic wants such as food, shelter, and oxygen, humans will die off quickly, while humans can easily survive without secondary wants such as entertainment activities.

What are references when applying for a job?

Answers

Answer:

Somewhere that’s close by where you live

Explanation:

Plzzz helppp ASAP

Describe two ways that externalities affect the lives of US citizens?

Answers

Answer:

In economics, there are four different types of externalities: positive consumption and positive production, and negative consumption and negative production externalities. As implied by their names, positive externalities generally have a positive effect, while negative ones have the opposite impact

MC Qu. 17 Tower Company planned to produce 3,000 units... Tower Company planned to produce 3,000 units of its single product, Titactium, during November. The standards for one unit of Titactium specify six pounds of materials at $0.30 per pound. Actual production in November was 3,100 units of Titactium. There was an unfavorable materials price variance of $380 and a favorable materials quantity variance of $120. Based on these variances, one could conclude that: Multiple Choice the actual usage of materials was less than the standard allowed. more materials were purchased than were used. more materials were used than were purchased. the actual cost per pound for materials was less than the standard cost per pound.

Answers

Answer:

From the list of options, Option A is the only correct one:

"the actual usage of materials was less than the standard allowed".

Explanation:

Material usage variance

A material usage variance occurs when the standard quantity required to active a particular level of production is higher or lower than than the actual actual quantity used. A favorable variance would mean than less quantity of materials were used than the standard to achieve a given output level. And an adverse variance would mean the opposite.

Material price variance

A material price variance occurs where materials are purchased at a price either lower or higher than the standard price. A favorable variance is recorded where the actual total cost of materials is lower that the standard cost. While an adverse variance implies the opposite.

From the list of options, Option A is the only correct one

A hair salon designed to appeal to children does not use the standard salon furniture. Instead, children sit on carousel horses to get their haircuts. Large TV monitors strategically located throughout the salon show kid-targeted videos and cartoons are there to entertain the children. The child-friendly hair salon's servicescape serves in what two capacities?

Answers

Answer:

a differentiator and facilitator

Explanation:

Since  in the question it is mentioned that hair salon would be designed for children where the standard furniture would not be used rather using this, the children would sit on carousel houses for their haircuts also the cartoon videos should be shown to them so here the two capacities would be differentiator and facilitator as it is different in providing the service and here the learning would be easy

Plzzz helppp ASAP

What do business provide to the government?

Answers

Answer:

It provides paying taxes

Explanation:

Karl opens a savings account with $2500. He deposits $1500 every year into the account that has a 0.75% interest rate, compounded monthly. If he doesn't withdraw any money, what will the account balance be in 10 years?

Answers

Answer:

Total FV= $29,335.25

Explanation:

First, we need to calculate the future value of the initial investment ($2,500) using the following formula:

FV= PV*(1 + i)^n

PV= $2,500

i= 0.0075

n=10*12= 120 months

FV= 2,500*(1.0075^120)

FV= $6,128.39

Now, the future value of the $1,500 annual deposit:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

We need to determine the effective annual rate:

Effective annual rate= (1.0075^12) - 1= 0.0938

FV= {1,500*[(1.0938^10) - 1]} / 0.0938

FV= $23,206.86

Total FV= $29,335.25

Help needed ASAP! Will give brainliest;)

No links please:)-will not give brainliest

The system used for monitoring the amount of inventory you have in stock is called....

A). Par level

B). Last in, first out

C). First in, first out

D). Inventory control

Answers

The answer is D. Inventory control

Question 2 of 40
What does the 'P' in the acronym PEST stand for?
A. Price
B. Political
C. Promotion
O D. Positive
SUBN

Answers

Answer:

The answer would be B. Political.

Explanation:

PEST Analysis (Political, Economic, Social, and Technological) is a management method whereby an organization can assess major external factors that influence its operation in order to become more competitive in the market. As described by the acronym, those four areas are central to this model.

The 'P' in the acronym PEST stands for political. The correct option is B. Political, Economic, Social, and Technological analysis is known as PEST analysis. This kind of analysis is used to evaluate outside variables that might affect a company's profitability.

What is political in PEST analysis?

The threats and weaknesses used in a SWOT analysis are found using a PESTEL analysis. Political factors include government leadership, change, and policies related to foreign trade, as well as internal political issues and trends, tax policy, and trends in regulation and deregulation.

A measurement tool called PEST Analysis is used to evaluate markets for a specific product or industry over a specific period of time. Political, Economic, Social, and Technological (PEST) factors Organizations can make better business decisions after these factors are analyzed.

Thus, the ideal selection is option B.

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Companies are likely to lose money during the introduction phase of a product’s life cycle.

True
False

Answers

It’s true because I looked it up :)

Explain the importance of scale of preference to individual​

Answers

Opportunity cost like other basic concepts of Economics – scarcity, scale of preference and choice is important to an individual who represents the consumer or household, or firm or productive unit and the government that form the three decision making bodies in an economy.

A scale of preference can be defined as the list of a person's needs or wants written in an order of importance. You will observe that the person puts his most important needs or wants at the top of the list.

A scale of preference is a list of goods and services (for example, shoes, socks, books, haircut, and so on) prepared for purchase in order of priority. It is a priority rating of all individual wants, according to their importance in one's valuation and the means to achieve or obtain them.

The Federal Reserve wants to change the nominal interest rate from 7% to 5%. What action
must the Federal Reserve take?
A) The Fed needs to increase the quantity of money by $0.4 trillion.
B) The Fed needs to decrease the quantity of money by $0.4 trillion.
C The Fed needs to decrease the quantity of money by $1.3 trillion.
D) The Fed needs to increase the quantity of money by $1.3 trillion.

Answers

Answer:

the answer is a

Explanation:

i just took the usatestprep

Write what you think the
short-term, medium-term, and long-term goals would be for
a person who has just purchased a toy store.

Answers

The short-term would be as such; keep the income flowing, satisfy customers and have products to supply demand

Medium-term could be anything

Long-term is as such; get a bigger domain than your competition, have great income than your competition and become the best in the business by average standards

Both individuals and organizations can be consumers.
O True
O False

Answers

Answer:

True

Explanation:

‼️‼️ Which of the following statements about international business is the most
accurate?
A. International business can be riskier than domestic business but
the size of the market makes it a very attractive option.
B. Individuals and small business are at less risk than large
corporations in selling overseas.
c. Most products on the market today are produced domestically.
D. International banking regulations are the same in most countries.

Answers

Answer:

A

Explanation:

A-P-E-X

International business can be riskier than domestic business but the size of the market makes it a very attractive option is the most accurate statement about international business among the given options. The correct option is A.

Why international business is riskier than domestic business?

More regulations apply to international business than domestic business. Domestic business generally has lower quality requirements than the international company. In comparison to domestic business, overseas business typically has greater quality standards.

International business involves trading goods and services across national borders, which can expose businesses to a range of risks such as currency fluctuations, political instability, different legal systems, and cultural differences. However, the size of the international market and the potential for increased revenue and profit can make it an attractive option for businesses seeking to expand their operations.

Thus, the ideal selection is option A.

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Suppose Jill Johnson operates her pizza restaurant in a building she owns in the center of the city. Similar buildings in the neighborhood rent for​ $4,000 per month. Jill is considering selling her building and renting space in the suburbs for​ $3,000 per month. Jill decides not to make the move. She​ reasons, "I would like to have a restaurant in the​ suburbs, but I pay no rent for my restaurant​ now, and I​ don't want to see my costs rise by​ $3,000 per​ month." What do you think of​ Jill's reasoning?Suppose Jill Johnson operates her pizza restaurant in a building she owns in the center of the city. Similar buildings in the neighborhood rent for​ $4,000 per month. Jill is considering selling her building and renting space in the suburbs for​ $3,000 per month. Jill decides not to make the move. She​ reasons, "I would like to have a restaurant in the​ suburbs, but I pay no rent for my restaurant​ now, and I​ don't want to see my costs rise by​ $3,000 per​ month." What do you think of​ Jill's reasoning?

Answers

Answer: Jill is incorrectly ignoring the opportunity cost of using the building she owns.

Explanation:

Based on the information given, Jill is incorrectly ignoring the opportunity cost of using the building she owns.

Here, opportunity cost refers to the cost of what an individual forgoes when such person decides to choose another alternative. Even though he thinks that he's paying no cos for the restaurant, he actually does through the opportunity cost.

write a paragraph (5-7 sentences) that explains what circular invention you think is the most important

Answers

Answer:

The wheel is considered to be man's greatest invention

Explanation:

And the printing press

Mitchell Corporation bought equipment on January 1, 2017. The equipment cost $300,000 and had an expected salvage value of $50,000. The life of the equipment was estimated to be 6 years. The depreciable cost of the equipment is

Answers

Answer:

$250,000

Explanation:

The depreciable cost of the equipment is the amount that will be used to provide for depreciation on the asset also known as Depreciable Amount.

Depreciable Cost = Cost - Salvage Value

therefore,

Depreciable Cost = $300,000 - $50,000 = $250,000

Preparing an agenda for a meeting is a good idea because it _______.
a.
Lets others know that who is in charge
b.
Sets a guided focus for the meeting
c.
Makes it harder to understand meeting’s purpose
d.
Creates tension in people who can’t attend

Answers

B: sets a guided focus for the meeting.

Answer:

b.  Sets a guided focus for the meeting

Explanation:

edge lol

In a market economy, equilibrium stays constant and never moves.
True or false

Answers

Answer:

false

Explanation:

there is always change in equilibrium any time demand or supply changes.

The mining and export of minerals and precious stones is very important part of the Namibian economy. It was reported that despite a sharp decrease in the quantity of these exports between 1995 and 1999 the export value of the items rose in that period. a) Where the minerals and precious stones would be recorded in the Namibian balance of payments?

Answers

Answer:

The minerals and precious stones would be part of the current account, which is one of the three components of the balance of payments, the other two being the capital account and the financial account.

Explanation:

The current account includes income transfers, current transfers, the balance in the trade of services, and the balance in the trade of goods. The export value of minerals and precious stones would more specifically be in the balance of the trade of goods, simply because minerals and precious stones are classified as economic goods.

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