The following section is taken from Pharoah’s balance sheet at December 31, 2020.

Current liabilities
Interest payable $54,000
Long-term liabilities
Bonds payable (10%, due January 1, 2024) 540,000

Interest is payable annually on January 1. The bonds are callable on any annual interest date.
Journalize the payment of the bond interest on January 1 2021

The maximum amount of money that a consumer can charge on a credit card is called the

Arapid increase in the population of a city or town is most likely to lead to which of the following? a. higher-paying jobs. b. low housing prices. c. a seller's market. d. a drop in population density. 2b2t

bradford, inc., expects to sell 9,000 ceramic vases for $21 each. direct materials costs are $3, direct manufacturing labor is $12, and manufacturing overhead is $3 per vase. the following inventory levels apply to 2019: beginning inventory ending inventory direct materials 3,000 units 3,000 units work-in-process inventory 0 units 0 units finished goods inventory 300 units 500 units what are the 2019 budgeted production costs for direct materials, direct manufacturing labor, and manufacturing overhead, respectively?