Hoffman corporation retires its bonds at 106 on january 1, following the payment of semiannual interest. the face value of the bonds is $400,000. the carrying value of the bonds at the redemption date is $419,800. the entry to record the redemption will include aa. debit of $24,000 to premium on bonds payable. b. credit of $4,200 to gain on bond redemption. c. debit of $19,800 to premium on bonds payable. d. credit of $19,800 to loss on bond redemption.

The following transactions occur for badger biking company during the month of june: a. provide services to customers on account for $32,000. b. receive cash of $24,000 from customers in (a) above. c. purchase bike equipment by signing a note with the bank for $17,000. d. pay utilities of $3,200 for the current month. analyze each transaction and indicate the amount of increases and decreases in the accounting equation. (decreases to account classifications should be entered as a negative.)

What is the sequence of events that could lead to trade surplus

Moody corporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. at the beginning of the year, the company made the following estimates: machine-hours required to support estimated production 100,000 fixed manufacturing overhead cost $ 650,000 variable manufacturing overhead cost per machine-hour $ 3.00 required: 1. compute the plantwide predetermined overhead rate. 2. during the year, job 400 was started and completed. the following information was available with respect to this job: direct materials $ 450 direct labor cost $ 210 machine-hours used 40