Capital Company issued $600,000, 10%, 20-year bonds on January 1, 2020, at 103. Interest is payable annually January 1. Capital uses the straight-line method of amortization and has a calendar year end. Required:
Prepare all journal entries made in 2017 related to the bond issue.

Explanation:

Preparation of all journal entries made in 2017 related to the bond issue.)

Jan.1

Dr Cash $618,000

Cr Bonds Payable $618,000

Cr Premium on Bonds Payable. $8,000D

c.3 Interest Expense $59,100

Dr Premium on Bonds Payable $900

($18,000 *$20)

Cr Interest Payable $60,000

($600,000 × 10% = $60,000)

happiness is the correct luck

explanation:

ans.

heterothermic organisms include those organisms that can switch between homeothermic (having body temperature higher than environment) and poikilothermic (having variation in internal body temperature) strategies.

some migratory birds show heterothermy as they decrease their metabolic rate during cold nights to keep their body temperature low. drop in metabolic rate allows increase in production efficiency of birds that reduces the internal body temperature to make it equal to external cold temperature during cold nights.

thus, the correct answer is 'birds allow their temperature drop in order to increase their production efficiency.'