On january 1, 2019, commercial equipment sales issued $28,000 in bonds for $15,700. these aresix-year bonds with a stated interest rate of 10%, and pay semiannual interest on june 30 anddecember 31. commercial equipment sales uses the straight-line method to amortize the bonddiscount. what amount is debited to interest expense on june 30, 2019? a) $2425 b) $1025 c) $25,067 d) $1400

A) $2425

Explanation:

The computation of the interest expense for the June month is shown below:

= (Issued amount × rate × number of months) ÷ (total number of months in a year) + (issued amount - sale value) ÷ (2 × number of months)

= ($28,000 × 10%) × (6 months ÷ 12 months) + ($28,000 - $15,700) ÷ (2 × 6 months)

= ($1,400) - ($12,300 ÷ 2 × 6 months)

= $1,400 + 1,025

= $2,425

The 6 months is calculated from January 1, 2019 to June 30

answer; /// i believe its (bas design);

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.