Brussels Enterprises issues bonds at par dated January 1, 2019, that have a $3,600,000 par value, mature in four years, and pay 7% interest semiannually on June 30 and December 31.

Required:
a. Record the entry for the issuance of bonds for cash on January 1.
b. Record the entry for the first semiannual interest payment and the second semiannual interest payment.
c. Record the entry for the maturity of the bonds on December 31, 2022 (assume semiannual interest is already recorded).

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.

answer; tech (a) is correct;