Business, 03.08.2019 06:10 mariarichards2p8a277

On january 1, 2018, micheal unlimited issues 12%, 20-year bonds payable with a face value of $ 180 comma 000. the bonds are issued at 103 and pay interest on june 30 and december 31. (assume bonds payable are amortized using the straight-line amortization method.) read the requirements requirement 1. journalize the issuance of the bonds on january 1, 2018. (record debits first, then credits. select explanations on the last line of the journal entry.)

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 20:30

The former chairman of the federal reserve, alan greenspan, used the term "irrational exuberance" in 1996 to describe the high levels of optimism among stock market investors at the time. stock market indexes such as the s& p composite price index were at an all-time high. some commentators believed that the fed should intervene to slow the expansion of the economy. why would central banks want to clamp down when the economy is growing? a. to block the formation of unsustainable speculative asset bubbles. b. to curtail excessive profits in the banking system. c. to prevent inflationary forces from gathering momentum. d. all of the above. e. a and c only.

Answers: 3

Answer

Business, 22.06.2019 21:00

You are given the following information about aggregate demand at the existing price level for an economy: (1) consumption = $400 billion, (2) investment = $40 billion, (3) government purchases = $90 billion, and (4) net export = $25 billion. if the full-employment level of gdp for this economy is $600 billion, then what combination of actions would be most consistent with closing the gdp gap here?

Answers: 3

Answer

Business, 23.06.2019 01:30

Determine allison's december 31, 2018, investment in mathias balance.

Answers: 2

Answer

Business, 23.06.2019 01:50

Consider a firm with a contract to sell an asset for $149,000 four years from now. the asset costs $85,000 to produce today. a. given a relevant discount rate of 14 percent per year, calculate the profit the firm will make on this asset. (a loss should be indicated by a minus sign. do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. at what rate does the firm just break even?

Answers: 3

Answer

You know the right answer?

On january 1, 2018, micheal unlimited issues 12%, 20-year bonds payable with a face value of $ 180 c...

Questions